News Type: Press Release

HOUSTON – July 14, 2020 – Onit, Inc., a leading provider of enterprise workflow solutions, including enterprise legal management, contract lifecycle management and business process automation, today announced the addition of Amazon Web Services to its infrastructure. With this adoption, Onit will empower its clients with maximum performance, infinite scalability and on-demand availability worldwide.

AWS has become the world’s most comprehensive and broadly adopted cloud platform over the last 14 years. According to the Gartner Magic Quadrant for Cloud Infrastructure as a Service, Worldwide, it secured the top-right corner of the leader’s quadrant for the ninth consecutive year for the ability to execute and completeness of vision and is an enterprise-ready provider with a strong track record of customer success.

“The cloud has consistently been the leading driver for innovation and digital transformation throughout the world, enabling businesses to grow and operate at unprecedented levels. Onit is committed to staying at the forefront of innovation for our company and clients, and the adoption of AWS underscores this priority,” commented Chris Fields, Onit chief technology officer.

The elastic computing AWS architecture allows Onit and its clients to scale effortlessly, globally and on-demand. Corporate legal departments frequently have an increase in transactions due to quarterly close-outs or significant corporate legal work volume that can drive periodic upsurges. Onit can spin up new servers and computing power at a moment’s notice and automatically and instantaneously provision computing power during times of high demand. If usage dips, Onit’s computing power scales down automatically to maintain efficiency.

The new architecture will easily align with Onit clients’ business needs worldwide, regardless of size or capacity. Clients will have the industry’s best reliability, since AWS has been designed with fault tolerance and high availability as core objectives. With compliance a central concern for both Onit and its clients, Onit on the AWS infrastructure will uphold the highest levels of security, data protection and compliance with SSAE 18 SOC 2 Type 2, SSAE 18 SOC 1 Type 2, HIPAA and the EU-US Privacy Shield.

About Onit

Onit is a global leader of enterprise workflow solutions for legal, compliance, sales, IT, HR and finance departments. Our solutions transform best practices into smarter workflows, better processes and operational efficiencies. With a focus on enterprise legal management, matter management, spend management, contract management and legal holds, we operate globally and help transform the way Fortune 500 companies and billion-dollar legal departments bridge the gap between systems of record and systems of engagement. We help customers find gains in efficiency, reduce costs and automate transactions faster. For more information, visit onitprostg.wpengine.com or call 1-800-281-1330.

About the Session

Technologies available to legal departments are endless. How can general counsel and legal operations leaders sort through the noise and formulate a cohesive, long-term strategy to achieve the right balance of people, process, and technology? Join us to hear how McDonald’s Corporation has done just that to achieve a significant transformation of its global legal operations. Curtis Batterton, Legal Operations & Global Technology Manager at McDonald’s, will present an exclusive case study.

You’ll also learn how to:

• Assess your current state, gaps, and goals
• Develop a long-term vision for your technology portfolio and resourcing model
• Implement a platform and solution strategy aligned with the needs of the business
• Roll out document management internationally
• Manage change and driving user adoption

To register, fill out the form on this page.

London, 30 June 2020 – Onit, Inc., a leading provider of enterprise workflow solutions, including enterprise legal management, contract lifecycle management, and business process automation, today announced that it has extended the membership and educational opportunities of its virtual learning program – Onit Lean into LegalOps – to the Europe in-house legal community.

Onit began the virtual learning and networking program in response to the global pandemic. Its purpose is to keep Onit customers and peers within the legal community connected. Members of Lean into LegalOps Europe will have access to exclusive content and educational materials, receive invitations to virtual discussions featuring Onit customers and partners, and be included in a bi-weekly, peer-to-peer discussion group for European members only. To join the group, apply here. There is no cost to join.

“While this initiative successfully launched in the U.S., it was important for us to create a separate, collaborative environment that connects peers within the European in-house legal community. The collective experience from these professionals, coupled with thought-provoking webinars and informal discussions, will provide insight on how to navigate the unique operational, regulatory, and technology challenges found here,” said Robert Johnson, managing director of Onit’s London office.

Webinar: How BT Optimises Resources Inside & Outside the Legal Department

Onit kicked off Lean into LegalOps Europe with a virtual webinar featuring David Griffin, head of legal & governance systems and change of BT, Silvia Hodges-Silverstein, CEO of Buying Legal Council, and Robert Johnson, managing director with Onit. In the webinar, now available for replay, they shared their experiences around purchasing legal services and designing legal operations to optimise efficiency and strategic decision-making. Griffin also discussed how BT is creating the ultimate lean legal department with automated legal service requests and reporting tools to align legal with procurement best practices in managing outside counsel. To listen to the webinar, visit here.

Learn more about Onit Lean into LegalOps Europe here.

About Onit

Onit is a global leader of enterprise workflow solutions for legal, compliance, sales, IT, HR and finance departments. Our solutions transform best practices into smarter workflows, better processes and operational efficiencies. With a focus on enterprise legal management, matter management, spend management, contract management and legal holds, we operate globally and help transform the way FTSE 250 companies and multi-million-pound legal departments bridge the gap between systems of record and systems of engagement. We help customers find gains in efficiency, reduce costs and automate transactions faster. For more information, visit onitprostg.wpengine.com or call +44 20 3744 5643.

About the Session

Join this live discussion between David Griffin of BT and Silvia Hodges-Silverstein of Buying Legal Council, moderated by Onit’s Robert Johnson, to hear war stories and best practices around purchasing legal services and designing legal operations to optimise efficiency and strategic decision-making.

Learn about how BT is creating the ultimate lean legal department with automated legal service requests and reporting tools to align legal with procurement best practices in managing outside counsel.

Hear from a leading expert in legal procurement about how to incorporate procurement best practices into the sourcing of legal services and what to consider when leveraging technology to manage that process.

To register, fill out the form on this page.

Can’t make it? Fill out the form and you’ll receive a recording.

HOUSTON, June 23, 2020 – Onit, Inc., a leading provider of enterprise workflow solutions, including enterprise legal management, contract lifecycle management and business process automation, today announced that BT plc has gone live with Onit matter management. The rollout represents the first in a series of planned implementations that include Onit legal spend management and legal service request, all built on the company’s business process automation platform Apptitude.

Using the Onit platform, the innovative legal department will link together all its best-of-breed applications such as document and vendor management, enabling comprehensive reporting and visibility across the department. The platform will enable BT to define, build and deploy new custom solutions to automate processes related to legal operations and compliance and better collaborate with business users outside of legal.

“We had many of our processes well-established at BT and this platform allows us to tie them altogether effectively,” said David Griffin, head of legal and governance systems and change at BT plc. “Onit Apptitude gave us the extendibility and flexibility we needed for future expansion as our needs change and we continue to innovate.”

“Our mission at Onit is to provide solutions that transform complicated and labor-intensive processes into streamlined, efficient and productive experiences for corporate legal departments of all sizes. We’re excited that BT has chosen Onit and look forward to powering their innovative vision,” commented Eric M. Elfman, CEO and co-founder of Onit.

BT plans to use Onit solutions to power applications for managing group budgets and reviewing and approving spend requests and introducing legal service requests to inform sourcing decisions. It is also in the process of deploying full enterprise legal management to worldwide BT legal groups to provide a more structured approach for managing billing.

Webinar Registration

BT will share its vision for creating the ultimate lean legal department in a virtual discussion on June 25, 2020 at 9 a.m. ET/2 p.m. BST. In the webinar, European managing director Robert Johnson will discuss with Griffin and Silvia Hodges-Silverstein of Buying Legal Council how to use automated legal service requests and reporting tools to optimize resources inside and outside the legal department. Members of corporate legal departments are welcome to register here.

About Onit

Onit is a global leader of enterprise workflow solutions for legal, compliance, sales, IT, HR and finance departments. Our solutions transform best practices into smarter workflows, better processes and operational efficiencies. With a focus on enterprise legal management, matter management, spend management, contract management and legal holds, we operate globally and help transform the way Fortune 500 companies and billion-dollar legal departments bridge the gap between systems of record and systems of engagement. We help customers find gains in efficiency, reduce costs and automate transactions faster. For more information, visit onitprostg.wpengine.com or call 1-800-281-1330.

HOUSTON – June 2, 2020 – Onit, Inc., a leading provider of enterprise workflow solutions including enterprise legal management, contract lifecycle management and business process automation, today announced it launched a new contract lifecycle management (CLM) Quick Start implementation package that allows companies of all sizes to streamline the entire contract process, reduce processing time and achieve higher contract compliance rates in less than 30 days. The new CLM Quick Start implementation package offers standard out-of-the-box functionality, quick time to value and a clear return on investment. This simplified implementation package gives business and legal teams immediate access to our award-winning contract lifecycle management technology, exposure to a robust workflow and automation platform and an upgrade path that can grow as they expand.

With the CLM Quick Start implementation package, companies receive all of the advanced functionality of Onit’s Contract Lifecycle Management product, but at a more cost-effective price point and faster implementation time frame. The CLM Quick Start implementation package includes one non-disclosure agreement (NDA) and one master services agreement (MSA) record type, limited custom fields, DocuSign or Adobe eSignature capabilities and an external contract request link.

“Launching our contract lifecycle management product last year allowed us to advance our software portfolio to meet the growing needs of the legal industry and beyond,” commented Eric M. Elfman, Onit CEO and co-founder. “As we continue to push through this global pandemic, we are committed to not only serving our Fortune 500 and enterprise-level customers but also addressing needs within the small to medium size businesses. We are passionate about finding ways to help businesses of all sizes the best way we can. First, we developed  Business Continuity Apps released earlier this year and now we are making our enterprise-level software products more attainable for smaller businesses as well. This will allow companies of all sizes to receive the same business benefits as the major corporations in terms of maximizing efficiencies, reducing costs, and mitigating risks as it pertains to their contracting processes.”

Market Assessment

As the world continues to adapt to the COVID-19 pandemic, we are seeing more organizations make the immediate push for digital transformation. The focus has become centered around maximizing efficiencies while keeping costs at a minimum with even smaller to medium size companies turning to technology to accomplish this goal. According to Market and Markets, Contract Management Software Market Global Forecast to 2024, small and medium-size businesses with less than 1,000 employees are going to have the highest annual growth rate for contract lifecycle management software implementations over the next four years.

The Onit Advantage: Onit Contract Lifecycle Management   

Onit saw a need for businesses of all sizes and decided to take a proactive approach and make its Onit Contract Lifecycle Management product even more attainable. Onit CLM is now offered with a standard starter package that can be deployed in 30 days or less at an even more cost-effective price point. Companies are still receiving the industry’s leading cloud-based contracts repository with automated functionality that supports all phases of the contract lifecycle from capture and creation, through negotiations and approvals, to execution and post-execution management. With this new Onit CLM Quick Start implementation package, companies of all sizes can take advantage of the enterprise-grade contract lifecycle management software now with the industry’s fastest time to value.

About Onit 

Onit is a global leader of enterprise workflow solutions for legal, compliance, sales, IT, HR, and finance departments. Our solutions transform best practices into smarter workflows, better processes, and operational efficiencies. With a focus on enterprise legal management, matter management, spend management, contract management, and legal holds, we operate globally and help transform the way Fortune 500 companies and billion-dollar legal departments bridge the gap between systems of record and systems of engagement. We help customers find gains in efficiency, reduce costs, and automate transactions faster. For more information, visit onitprostg.wpengine.com or call 1-800-281-1330.

About the Session

Challenged to serve its business clients faster and more efficiently – while reducing costs – the Pearson legal department went on a transformative journey to move from a highly bespoke legal services model into a more standardized and streamlined way of delivering support to the business. Now, Pearson takes a process-driven and technology-enabled approach to everything from contracts to business advice. The results have been the same quality of work at significantly lower cost and higher velocity.

This webinar will showcase why and how the Pearson legal department redefined itself and how it now supports and executes contract work. It will address:

• The critical role of executive sponsorship and change management
• Performance management dashboards and SLAs
• Hybrid resourcing and service delivery operating model
• How Onit’s technology platform supports end-to-end process automation and web-based self-service portals
• The resulting benefits which include cost savings, efficiency, reduced risk, use of data for better decision-making and improved business customer support

To register, fill out the form on this page.

Can’t make it? Fill out the form and you’ll receive a recording.

About the Session

Join Gregg McConnell of Corteva to hear how they have built a global panel of preferred law firms and is using technology to ensure its maximum sustained value. Experts from Onit and PERSUIT will join Gregg to discuss best practices for creating and managing a panel of preferred firms and how to leverage technology to enable the strategy. You’ll also learn about:

• Putting rigor behind how to allocate work to your panel firms
• Creating the right programs for different types of work (example IP vs. litigation)
• Automating enforcement of panel guidelines and fee agreements
• Evaluating panel firm effectiveness and compliance
• Reporting on the value obtained from preferred firm

To register, fill out the form on this page.

Can’t make it? Fill out the form and you’ll receive a recording.

About the Session

Legal departments manage many critical processes in their organizations. Innovating and the ability to drive needed change is important to optimizing efficiency and minimizing risk. This is especially true in our current environment of risk and uncertainty. Join this webinar to learn how to formulate and execute a strategy for innovation in your legal department that incorporates platform technology for maximum agility.

You’ll also learn:

• What is driving the opportunity for change and innovation in legal operations right now
• How to articulate a vision and strategy for innovation
• Using platform technology to rapidly deploy automation that includes workflow, collaboration, transaction management and reporting
• Frameworks to solve future challenges and adjust as business needs change and grow

To register, fill out the form on this page.

Can’t make it? Fill out the form and you’ll receive a recording.

HOUSTON – May 1, 2020 – Onit, Inc., a leading provider of enterprise workflow solutions, including enterprise legal management, contract lifecycle management and business process automation, today announced that NetDocuments, the leading secure multi-tenant cloud-based content services and productivity platform for law firms, corporate legal teams, and compliance departments, has joined Onit’s Strategic Alliance Program.

NetDocuments’ document management system (DMS) is an ideal complement to Onit’s enterprise legal management and contract lifecycle management solutions. The Onit and NetDocuments integration provides a seamless user experience, allowing for automated creation of a NetDocuments workspace, storage and access of relevant documents directly within the Onit matter record.

Equally, Onit is an existing partner within the NetDocuments partner ecosystem resulting in a collaborative working relationship focused on delivering customer solutions meeting the highest usability, compliance and security standards.

“I was excited to learn that NetDocuments would be partnering with us through our Strategic Alliances Program,” commented Onit’s CEO Eric M. Elfman. “I’ve gotten to know their team and have to say that their track record is impressive. With a 98.5% customer retention rate, managing over 10 billion files daily, and an uptime of 99.9%, these are statistics a lot of companies can only dream of. This sort of strategic alignment doesn’t come along every day, and I envision that this partnership will further strengthen the Alliance Program while at the same time create considerable value for both our companies.”

According to Reza Parsia, NetDocuments’ Vice President of Strategic Partner Management, the partnership with Onit will further enhance customers’ productivity. “The introduction of our technology integration with Onit’s enterprise legal management solution enables customers to further automate document management processes in one familiar location. This is especially critical in this age of remote working and gaining easy, yet secure access to relevant documents and files.”

Onit’s Strategic Alliance program supports external alliances that promote growth and success for Onit’s clients and partners; the principles of which are strategy, transparency, accountability and rigor. This program addresses the needs of not only Onit’s trusted partners, but of their clients as well. The Strategic Alliance Program also provides end-to-end support for Onit’s partners through the entire cycle of onboarding, enabling, selling, delivering and managing.

About NetDocuments

Founded in 1999, with more than 2,750 enterprise customers worldwide, NetDocuments is the legal industry’s most trusted cloud-based content services and productivity platform. Complete with state-of-the-art built-in security, compliance and governance solutions, NetDocuments offers document management, email management and collaboration technology complete with disaster recovery, enterprise search, and matter centricity features. For more information about NetDocuments, please visit www.netdocuments.com.

About Onit’s Strategic Alliances Program

The Strategic Alliances Program was initiated to establish and support external alliances that promote growth and success for their clients and partners; the principles of which are strategy, transparency, accountability and rigor. This program addresses the needs of not only our trusted partners, but of their clients as well. The Strategic Alliances program is comprised of an experienced and trusted team that offers tangible results through a robust ecosystem of partners to meet our clients’ needs.

Onit recently introduced a performance-based partner recognition system to further enhance Strategic Alliances program effectiveness and nurture a competitive spirit. The membership tiers in the program are Affiliate, Premier and Elite. Qualification for a tier is evaluated on an ongoing basis and is based on a variety of considerations that include revenue, Onit-certified resources and implementation experience. Through these new tiers, Onit seeks to recognize all of its partners and the accomplishments they have achieved in service to our collective clients.

About Onit 

Onit is a global leader of enterprise workflow solutions for legal, compliance, sales, IT, HR and finance departments. Our solutions transform best practices into smarter workflows, better processes and operational efficiencies. With a focus on enterprise legal management, matter management, spend management, contract management and legal holds, we operate globally and help transform the way Fortune 500 companies and billion-dollar legal departments bridge the gap between systems of record and systems of engagement. We help customers find gains in efficiency, reduce costs and automate transactions faster. For more information, visit onitprostg.wpengine.com or call 800-281-1330.