Category: Company News and Events

Onit Ranks #15 on the Houston Business Journal Fast 100 List

Onit is honored to be among the top 100 fastest growing companies in Houston. We are excited to announce that Onit ranked #15 on the Houston Business Journal’s Fast 100 list. We attained this high ranking by achieving an incredible 120% growth over the past two years.

The Houston Fast 100 is ranked by two-year growth. All of the companies on the list are headquartered within the ten-county Houston metropolitan area and have been doing business for a minimum of five years. The Houston Fast 100 Awards are open to private companies that meet the following criteria:

  • A company must have been in business for a minimum of 5 years — as of the close of its most recent completed fiscal year — and cannot be a franchise or a public company.
  • A company that has earned at least $1 million in revenue for its most recent, completed fiscal year.
  • The corporate headquarters of the firm must be located within the Houston metropolitan area, which includes the following counties: Austin, Brazoria, Chambers, Fort Bend, Galveston, Harris, Liberty, Montgomery, San Jancinto and Waller.

To learn more about the Houston Fast 100 nomination process, visit online.

Onit is a Finalist for the AMA Marketer of the Year Award

Onit is excited to announce that we are an American Marketing Association (AMA) Marketer of the Year finalist in the Technology Products & Services category. Onit is a finalist with Comcast Cable, LiquidFrameworks and Management Controls, Inc. (MCI).

The Marketer of the Year (MOTY) awards recognize a company’s overall marketing effectiveness compared to peers in the same sector. Entries are open to AMA Houston members and non-members. Companies may enter their own work. Agencies may enter their client’s work on behalf of that company.

The AMA MOTY award recognizes marketing teams for doing what they do best — branding a company; reaching a new audience; growing the business; changing perceptions. With 20 different industry categories, companies have a chance to compete directly against their peers.

A panel of marketing professionals and educators from outside the Houston area reviews and scores information submitted about each entry based upon its completeness, difficulty of challenge, specificity of objectives, effectiveness of marketing strategy/tactics and measurable evidence of results. The top scores in each category become finalists, and the top score is the Best in Category winner. The Best in Category compete in the Final Judging for the overall top Marketer of the Year award.

A separate group of marketing leaders from outside the Houston area will act as judges to review and score information submitted about the firms’ winning Best in Category. The top score will be AMA Houston’s Marketer of the Year.

Onit and Hyperion Global Partners to Participate in Thought Leadership Breakfast in NYC

Onit is excited to announce that we, along with Hyperion Global Partners, will be hosting a  legal thought leadership breakfast at the Harvard Club of New York City on Wednesday, November 1, 2017. This invitation-only event will highlight how to navigate the complex global legal invoicing landscape.

 

Hyperion Global Partners will present a session titled, Global Legal E-billing: Integrated Global Invoice & Tax Compliance and will included an interactive conversation about international legal operations and how to understand and manage the myriad international legal, tax, compliance, regulatory, privacy and data residency policies. Hyperion wrote the Global Legal E-Billing Playbook, and will offer guidelines, insights and opportunities for planning and implementing a successful integrated global legal e-billing program.

Email [email protected] to RSVP.

Onit to Exhibit at 29th Annual All Hands Meeting in Santa Clara

Onit is pleased to announce we will be exhibiting at the 29th Annual All Hands Meeting in the Santa Clara Convention Center on October 17-18.

The All Hands Meeting is a unique, multifaceted and affordable annual event tailored to the special needs of in-house professionals whose companies rely upon intellectual property.  Scores of cutting-edge CLE presentations address the spectrum of legal, regulatory and ethical issues this community faces on a daily basis. Attendees can browse exhibits about the latest products and services to increase their productivity and effectiveness. And, as part of the largest gathering of its kind, attendees have abundant opportunities to meet and connect with similar professionals in a comfortable, enjoyable setting.

This special CLE conference is open to general and staff counsel in corporate legal departments and to other in-house managers, professionals and paraprofessionals such as patent agents, licensing executives, HR professionals, privacy professionals, contracts managers and paralegals.

We hope you’ll join us, and we look forward to seeing you there. Stop by our booth to learn about our legal solutions – enterprise legal management, contract management, e-billing, matter management, legal service requests, legal holds, etc.

Onit to Unveil Contract Lifecycle Management Solution at ACC Annual Meeting

Onit is eagerly anticipating the unveiling of its Contract Lifecycle Management (CLM) solution at the 2017 ACC Annual Meeting in Washington, DC. On October 16-18. Here’s a preview of some cutting-edge features of our new offering:

  • A clause library with various clause-level controls to help drive workflow with the legal department
  • Version control and negotiations management to allow multiple parties to manage versions during the redlining process
  • Contract authoring functionality that gives users the ability to build custom contracts with clauses from a clause library

Schedule a 30-minute demo with us to see how this new solution can manage the entire lifecycle of your contracts – from origination to execution, storage, administration and renewal.

We will have a demo room on the exhibit floor. We will also be scheduling demos of our other solutions (e.g. legal e-billing, matter management, legal holds, legal service request, NDA, etc).

The ACC Annual Meeting is the world’s largest educational event for in-house legal counsel. It includes two-and-a-half days of unsurpassed networking opportunities and advanced education seminars focused on leading topics of interest to the in-house counsel professional. This meeting is a rare opportunity to present your products and service to a large, exclusively in-house counsel audience, build relationships and establish your organization as a key supporter of the corporate counsel community.

Onit is Honored to be a Top Houston B2B Software and App Developer

Onit is excited to announce that we are one of only 22 Houston-area companies to be named a 2016 Largest Houston-area B2B Business Software and App Developer. This honor is bestowed once each year by the Houston Business Journal, and is based on annual revenue, percentage of business coming from SaaS, and other factors.

The Houston Business Journal Book of Lists provides listings of the hottest area companies in their fields, and its uses include business research, fundraising and sales prospecting.

Onit secured the #14 spot on the list and is eager to get a top 10 listing next year.

Onit Client David Cambria Recognized as a Global Leader and Influencer in Legal Business

Onit is pleased to announce that David Cambria, Global Director of Operations – Law, Compliance and Government Relations, Archer Daniels Midland, has been recognized as a Global Leader and Influencer in Legal Business by the Association of International Law Firm Networks (AILFN). This prestigious directory published by AILFN covers corporate counsel and legal operations, bar associations, legal networks, consultants, technology companies, LPO, academics, publishers and others. Congratulations, David, for this well-deserved recognition!

To learn more about the 2018 List of Leaders and Influencers, visit the website.

Onit Customer Archer Daniels Midland Company to Speak at Corporate Counsel Forum Europe on September 21

Archer Daniels Midland Company (ADM) will participate in the Corporate Counsel Forum Europe, taking place in Surrey, England September 21-22. David Cambria, General Director of Operations – Law Compliance and Government Relations at ADM will discuss how legal departments can provide “continuous” value to the company, drive operational improvements and allow employees to work in the systems they prefer. The session, “Extracting and Demonstrating Value: People, Process and Automation,” will highlight:

  • The importance of process, workflow and collaboration
  • How a business automation tool solves needs beyond e-billing and matter management
  • Key benchmarks and metrics that drive innovation and transformation in legal operations

A winner of the Transatlantic Legal Department of the Year 2017, Cambria will also discuss how they designed and implemented sustainable processes and systems to “make the complex simple.” He will conclude by discussing their global rollout and how real-time access to legal spend provided predictive metrics and reporting dashboards.

Onit and Archer Daniels Midland Company Honored as Recipients of the 2017 Best Use of Legal Technology Award

The Buying Legal Council, the international trade organization for legal procurement, announced the winners of the first ever Legal Procurement Awards at the 2017 Buying Legal Council North America Legal Procurement conference.

Onit is honored to be the recipient, jointly with Archer Daniels Midland Company of the 2017 Best Use of Legal Technology Award!

Our citation reads as follows:

“In only 6 months, Onit and Archer Daniels Midland were able to significantly improve the company’s legal spend management through efficient and effective use of technology. Together, they developed an enterprise spend management platform that encompassed ADM’s legal spend in 160 countries. Onit and ADM leveraged change management techniques and built alliances with ADM’s shared services organizations. The intention was to ensure and streamline operations and the adoption of the technology. Training and regionalized floor support for the technology helped speed deployment and compliance. The combination of innovation, automated tools, process re-engineering and technology helped ADM save millions of dollars of legal spend. This year’s BEST USE OF TECHNOLOGY AWARD goes to Onit and ADM Congratulations!”

“We wanted to identify and acknowledge best-in class leaders in legal procurement,” says Dr. Silvia Hodges Silverstein, executive director of the Buying Legal Council. “Each award winner and honorable mention not only succeeded in their areas, but surpassed the current status quo of the discipline. These leaders in legal procurement are at the forefront of new developments. We all do well learning from them and getting inspired by them.”

Submissions for the awards were entered in a blind peer-review. All decisions were made unanimous among the judges, all of them legal procurement professionals.

Onit Makes the Houston Fast 100 List for Second Consecutive Year

We are excited to announce that Onit has again made the prestigious Houston Fast 100 list. On Friday, November 10, excitement will fill the air at the Houston Fast 100 Awards Ceremony as the fastest growing companies eagerly anticipate their ranking.

The Houston Fast 100 is ranked by two-year growth and companies must fulfill these qualifications:

  • All of the companies on the list are headquartered within the ten-county Houston metropolitan area and have been doing business for a minimum of five years.
  • A company must have been in business for a minimum of 5 years — as of the close of its most recent completed fiscal year — and cannot be a franchise or a public company.
  • A company that has earned at least $1 million in revenue for its most recent, completed fiscal year.
  • The corporate headquarters of the firm must be located within the Houston metropolitan area, which includes the following counties: Austin, Brazoria, Chambers, Fort Bend, Galveston, Harris, Liberty, Montgomery, San Jancinto and Waller.

Click here learn more about the Houston Fast 100 nomination process.