News Type: Press Release

HOUSTON AND MOUNTAIN VIEW, CA – November 6, 2019 – Onit, Inc., a leading provider of enterprise workflow solutions, including enterprise legal management, contract lifecycle management and business process automation, and SimpleLegal, a modern legal operations platform offering e-billing, spend management and matter management, today announced that they will be hosting a webinar with a guest speaker from the premier analyst firm, IDC. The webinar entitled, The Future of Legal Operations: Market Trends, Change Management and Predictions, will be held November 20 at 12:00 p.m. CST.

As a part of this webinar, legal industry leaders Eric M. Elfman, CEO of Onit, and Nathan Wenzel, CEO of SimpleLegal, as well as leading Legal, Risk and Compliance Analyst, Ryan O’Leary of IDC will present on the evolution and future of the legal operations and discuss how chief legal officers and legal operations professionals are digitally transforming the industry with process efficiencies, technology and change management. The webinar will highlight:

• The rise of the legal operations industry and how legal operations professionals can be agents of change;
• Market trends and the evolving legal technology landscape – and why it is critical for legal operations to be successful;
• The essential tool kit for companies looking to invest in legal operations; and
• Predictions for the future of legal operations.

“These are exciting times, as we are seeing much higher levels of operational excellence in the legal operations profession than in the past,” said Eric M. Elfman, CEO and founder of Onit. “Not only are these professionals embracing innovation more and more, but there is a higher demand for automation and a workflow-centric approach. This bodes well for everyone involved, and I foresee that advancements in technology, process-driven service delivery and evolving and segmented roles in operations will be leading the future of legal operations for many years to come.”

Nathan Wenzel, CEO of SimpleLegal added, “With the continued market trend for businesses to embrace new automation in order to be systematically more efficient, all the while being fiscally responsible, the entire legal operations within a company has also evolved and needs to adhere to the same guidelines as any other business department. Hence, the profession and inter-workings of the legal operations professional is expanding and will continue to have steady growth in the next several years; thus making this segment of a business a hot topic to discuss.”

About SimpleLegal

SimpleLegal provides a modern legal operations management platform that streamlines the way corporate legal departments manage their matters, track and interpret spend, and collaborate with vendors and law firms. SimpleLegal combines e-Billing and spend management, matter management, vendor management, and reporting and analytics into one comprehensive application to optimize legal operations and the management of the entire legal department. The company, founded in 2013, is privately held and located in Mountain View, California. For more information, visit www.simplelegal.com.

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, October 28, 2019 – Onit, Inc., a leading provider of enterprise workflow solutions, including enterprise legal management, contract lifecycle management and business process automation, today announced that Duff & Phelps has become Onit’s first Strategic Alliances partner with level 4 certified resources. A global advisor that protects, restores and maximizes value for clients, Duff & Phelps has 22 Onit-experienced resources, 16 of which are Onit certified.

“I was thrilled to learn that Duff & Phelps was the first partner to reach our highest certification level,” commented Eric M. Elfman, Onit’s CEO and founder. “Their Legal Management Consulting team’s incredible breadth of knowledge, experience in project management and extensive subject matter expertise has benefited numerous Onit clients. Their core management team has more than 20 years’ experience in this market and have completed several hundred enterprise legal management implementations. I have no doubt that Onit’s partnership with Duff & Phelps will continue to be a mutually beneficial experience and I anticipate more great things happening as a result.”

Duff & Phelps has been one of Onit’s trusted partners since 2017, having worked on 27 projects together across various industries from financial services to health care and high-tech. The Onit and Duff & Phelps relationship extends beyond the United States into EMEA, where they are one of Onit’s leading implementation partners.

“Our relationship with Onit allows for flexible collaboration on product enhancement roadmaps and project delivery to help ensure client satisfaction and project success,” commented Tim Strong, Managing Director and Head of Legal Operations at Duff & Phelps. “Our team can quickly and efficiently deliver Onit solutions as a result of the comprehensive training and certification program and the flexibility of the platform. Onit has filled a gap in the market to automate key legal and compliance processes, reducing manual, inefficient tasks. We look forward to working with Onit and our clients to continue improving operational effectiveness in North America and in EMEA, where we’re seeing a significant increase in demand.”

“With the influx of legal operations improvement projects in EMEA, the reaction to Onit’s technology has been extremely positive. Having certified resources to design and implement Onit solutions, combined with legal operations expertise on our team, is a driving force behind our success in EMEA,” stated Nadine Stuttle, Managing Director EMEA at Duff & Phelps.

About Duff & Phelps

Duff & Phelps is a global advisor that protects, restores and maximizes value for clients in the areas of valuation, corporate finance, investigations, disputes, cyber security, compliance and regulatory matters, and other governance-related issues. They work with clients across diverse sectors, mitigating risk to assets, operations and people. With Kroll, a division of Duff & Phelps since 2018, the firm has nearly 3,500 professionals in 28 countries around the world. For more information, visit www.duffandphelps.com.

About the Onit Strategic Alliances Program

Onit’s 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. Whether using custom Onit solutions, matter management, e-billing, contract lifecycle management, or any of Onit’s other product offerings, the strategic alliances team has established relationships with industry-leading providers to help Onit’s clients realize the greatest value from their Onit implementation. For more information about the types of organizations that Onit partners with, visit https://onitprostg.wpengine.com/about/strategic-alliances. For more information about Onit’s training and certification program, visit https://onitprostg.wpengine.com/training.

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, October 8, 2019 – Onit, Inc., a leading provider of enterprise workflow solutions, including enterprise legal management, contract lifecycle management and business process automation, today unveiled its new Strategic Alliances Program. This program is Onit’s premier initiative 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 remarkable new program addresses the needs of not only Onit’s trusted partners, but of their clients as well.

“This is one of Onit’s most significant strategic initiatives to date,” commented Eric M. Elfman, Onit’s CEO and founder. “The Strategic Alliances Program provides us with almost unlimited opportunities to harness the exponential power of partner teamwork; both internally and externally. In our highly competitive line of business, strategic partners can form a cornerstone of your business and serve as impetus for further extraordinary growth. As our customer base continues its course of unprecedented growth, we expect the numbers of our valuable strategic partners to rise as well.”

The program will build on Onit’s success working with external partners. Since 2017, Onit has worked with partners on 59 clients, with 50 implementations live to date. Onit’s current roster of strategic alliances includes companies offering a variety of services and technology products, and the company is currently evaluating its partner queue for the next wave of strategic alliances.

The group falls under the leadership of Cole Morgan, Vice President of Strategic Alliances, and Amy Good, Director of Strategic Alliances. Amy noted, “We strive to identify partnerships that address our clients’ needs, from consultants who help clients drive value through their Onit implementations, to technologies and services that enable our clients to extend their capacity to manage their operations.”

“Onit’s Strategic Alliance Program enables Consilio’s consultants to deliver valuable, efficiency-creating solutions to our F500 & global clients,” commented Robin Snasdell, Managing Director, Consilio, LLC, Global Lead, Law Department Management. “Their rapid development workflow automation platform has disrupted the legal technology ecosystem. Consilio has benefited from Onit’s technology and their strategy to enable partners to help clients innovate.”

“HBR Consulting is one of Onit’s key strategic alliance partners, having worked together on more than 15 technology projects in the last 18 months. Through our sharing of expertise, Onit and HBR Consulting are not only enhancing each other’s business and driving transformational efforts to a significant degree, but also expanding our markets,” said Wafik Guirgis, HBR Consulting’s Legal Technology practice leader. “We know the power of a strong strategic partnership in achieving success. Process and operational improvements require both knowledge of industry best practices and an innovative use of technology. HBR’s knowledge of the legal operations industry pairs well with Onit’s product offerings, allowing for a truly complementary partnership.”

“Morae Global is a long-time Onit strategic partner with consulting and implementation expertise across the full spectrum of Onit’s platform capabilities, including SimpleLegal. Our passion and focus is on helping law departments and law firms design and implement the right processes, resources, and technology to ensure the successful delivery of legal services,” said Joy Saphla, President, Morae Legal. “By building and leveraging strategic technology partnerships, like we have with Onit, our experienced team is able to collaboratively work with clients on tailored solutions to address the greatest challenges clients face.”

About the Onit Strategic Alliances Program

Onit’s 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. Whether using custom Onit solutions, matter management, e-billing, contract lifecycle management, or any of Onit’s other product offerings, the strategic alliances team has established relationships with industry-leading providers to help Onit’s clients realize the greatest value from their Onit implementation. For more information about the types of organizations that Onit partners with, visit https://onitprostg.wpengine.com/about/strategic-alliances/.

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 lifecycle 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.

NEW YORK and HOUSTON – September 26, 2019 – Onit, Inc., a leading provider of enterprise workflow solutions including enterprise legal management and business process automation, today announced the official launch of its contract lifecycle management (CLM) software. Onit CLM empowers legal and business teams to streamline the entire contract process, drastically reduce processing time, thereby achieving higher contract compliance rates, and compressed revenue cycles.

Onit CLM is available immediately and can be offered as a standalone product or as part of a broader offering that includes enterprise legal management (ELM), legal service requests (LSR), legal holds, and more than 200+ other operations, risk and compliance workflow solutions.

“The unveiling of our new contract lifecycle management software is a natural extension of our existing portfolio of products and services,” commented Eric M. Elfman, Onit CEO and co-founder. “We built our best-in-class CLM technology based on nearly a decade of building contract workflow solutions for our customers and learning from their needs. We’ve also adapted our best practices for implementing these solutions into the new Onit CLM software. Our commitment to serving Fortune 500 companies and the largest global companies is foundational to our company and we are passionate about building a workflow automation platform that helps drive operational and process improvements across the enterprise – not just in legal. By expanding our footprint in contract lifecycle management, we can offer a comprehensive solution that addresses the growing needs of legal operation departments of all sizes and geographies.”

Market Assessment

As corporate legal operations departments gain more responsibility and oversight of the contract process, they need a technology partner that can grow with them. According to the 2019 Association of Corporate Counsel (ACC) Benchmarking Survey, contract management tools can dramatically shorten cycle times. In billion-dollar companies, legal departments that employ contract management technology reduce their average contract cycle time 33% (from 30 days to 20 days). The profound impact of technology on CLM is gaining momentum globally as more companies are realizing its extensive benefits as a business value driver.

The Onit Advantage: Onit CLM

Onit CLM is a 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. Onit CLM streamlines the entire contract lifecycle and provides ease of use for all parties involved while reducing risk in the process. Supplier and vendor relationships are dramatically improved as well as overall customer satisfaction.

With CLM, companies receive a fully-featured contract lifecycle management product with advanced functionality for authoring, redlining, approvals, and signatures. Built with a powerful reporting engine and robust business analytics, knowledge workers can search, analyze, and report on real-time metrics as well as configure alert notifications to maximize visibility and control. Additional features of Onit CLM include:

• Enterprise Contract Management: Manage buy-side, sell-side, and corporate contracts.
• Clause/Template Library: Manage and maintain contract clauses and templates in a centralized and secure cloud-based repository.
• Contract Generation: Use Microsoft Word or Adobe PDF to automatically generate well-formed custom contracts or submit other party contracts for review.
• Conditional Generation: During contract generation, automatically include/exclude clauses (or other text) based on a robust rules engine and contract metadata.
• Microsoft Word Integration: Empower users to work on contracts within their preferred word processing tool, while maintaining a seamless and secure link to Onit CLM.
• Routing and Approval Workflow: Use Onit’s robust Apptitude business automation platform to design and build simple to complex workflows to generate and route your contracts.
• Document Management: Empower users with automatic version control as well as simple and easy to use check-in, check out functionality.
• Secure Collaboration: Allow secure collaboration between not only your knowledge workers but also third parties to reduce risk and ensure compliance.
• eSignature Integrations: Seamlessly integrate DocuSign and Adobe Sign signatures as part of your Onit contract management workflow.
• Partner and Client Self-Service: Make work easier for not only you but your key stakeholders through our easy to use portals.

Maximize Productivity with Cloud-based CLM

Onit CLM is deployed in the world’s most advanced cloud platform, Amazon AWS, providing companies with maximum performance, reliability, and scalability. Accessible on all major web browsers and mobile devices, companies can access their business-critical contract information anytime, anywhere. Many Onit CLM customers collaborate on a global scale and even use Onit to offshore and onshore contracts work.

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, August 15, 2019 – Onit, Inc., a leading provider of enterprise workflow solutions including enterprise legal management, contract management and business process automation, today announced that the company ranked #963 on the Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. This is the fourth consecutive year Onit has secured a spot on the list.

“It’s always an exciting moment when I learn that Onit has ranked on the Inc. 5000 list,” commented Eric M. Elfman, Onit CEO and co-founder. “Even though we have been fortunate to receive this honor for the past four years, it never lessens the tremendous feeling of accomplishment I have for the company. It takes the collective efforts and dedication of every Onit team member to drive our unprecedented growth in order to make the Inc. 5000 list of our nation’s fastest-growing companies.”

The Inc. 5000 list represents the most dynamic segment—its independent small businesses. Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known companies gained their first national exposure as honorees on the Inc. 5000.

Not only have the companies on the 2019 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2019 Inc. 5000 achieved an astounding three-year average growth of 454 percent, and a median rate of 157 percent. The Inc. 5000’s aggregate revenue was $237.7 billion in 2018, accounting for 1,216,308 jobs over the past three years.

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.

“The companies on this year’s Inc. 5000 have followed so many different paths to success,” said Inc. editor in chief James Ledbetter. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”

The annual Inc. 5000 event honoring the companies on the list will be held October 10 to 12, 2019, at the JW Marriott Desert Ridge Resort and Spa in Phoenix, Arizona. As always, speakers include some of the greatest innovators and business leaders of our generation.

The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2018. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2015 is $100,000; the minimum for 2018 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.

The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions.

For more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com/.

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.comor call 1-800-281-1330.

HOUSTON, June 28, 2019 — Onit, Inc., a leading provider of enterprise legal management solutions, today announced that it appointed Andrew Hosman as vice president of product management.

Andrew has 20 years of experience working with enterprise software companies and has had leadership roles across software development, implementations and consulting, and product management functions.

“We’re excited to be bringing Andrew on board as our vice president of product management, especially at this stage of Onit’s unparalleled growth,” said Eric M. Elfman, CEO of Onit. “Andrew’s breadth of knowledge in enterprise software, team building experience and leadership skills reinforce our decision that he was the exact fit for this key position. Moving forward, I’m fully confident that his vision and strategy will be instrumental in taking Onit to new unprecedented levels of growth.”

As Onit’s vice president of product management, Andrew is responsible for evolving the product management function including building and leading a team of product managers and product owners that drive the definition and delivery of product releases and full life cycle of the product. He is also responsible for implementing new processes to help evaluate strategic efforts, new market opportunities, and feature requests to provide greater transparency into the product roadmaps across Onit’s product lines.

Prior to joining Onit, Andrew most recently served as a vice president of product management at Sphera Solutions, Inc., an industry leader in the environmental health and safety software space. While at Sphera, Andrew led the team responsible for a SaaS re-platform and also developed the user experience and data science teams. Prior to Sphera, Andrew spent nearly 17 years at Marsh ClearSight, then the world’s largest risk management information system vendor, where he held a variety of roles, ultimately serving as the SVP of product management.

Andrew holds a bachelor’s degree in geophysical science from the University of Chicago and an MBA from the Kellogg School of Management at Northwestern University.

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 13, 2019 – Onit, Inc., a leading provider of enterprise legal management solutions, today announced that it appointed Minnie Damle as global vice president of human resources. As a new key member of the senior leadership team, Damle will work closely with the CEO and executive leadership team to assure the company advances its business, brings in and retains top talent, and further embeds its core values and its dynamic culture. Another essential goal for Damle is to design, implement and evaluate programs to attract, retain, reward, and motivate top talent and top performance. She will also be responsible for supporting and sustaining the high growth of Onit’s global business.

In her most recent role as chief talent officer for Havas Village Boston (Arnold Worldwide and Havas Media Boston), Damle was tasked to drive an integrated talent strategy across the creative and media groups.

“This was a strategic decision on all counts and I’m happy to report we’ve found the right person for this key executive position,” said Eric M. Elfman, Onit’s CEO. “Bringing Minnie on board as our global vice president of human resources is one of the best things we could do at this point in our growth. Minnie’s talent and stellar track record in HR operations and talent management will be instrumental in ensuring Onit is on the right path for bigger and better things to come.”

At Onit, Damle will bring a strategic vision to our human resources operations to accelerate our business in areas such as staff development, performance management and employee morale.

Damle’s broad background includes her role as vice president, human resources at social/digital agency VaynerMedia, where she oversaw HR operations across four offices, and Omnicom-owned agency The CDM Group, where she designed a function to help integrate the healthcare communication companies.

Minnie holds a bachelor’s degree in communications from Arizona State University.

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 and MOUNTAIN VIEW, Calif. – May 13, 2019 – Onit, Inc., a leading provider of enterprise workflow solutions including enterprise legal management, contract management and business process automation, today announced the acquisition of SimpleLegal, a leading provider of modern legal spend, matter and vendor management software. Terms of the acquisition were not disclosed.

Onit brings a management team with more than two decades of domain-specific expertise and a history of creating the e-billing and legal spend management market. SimpleLegal brings a fresh perspective to a 30+ year-old corporate market with a focus on simplicity and modern design. Working together, this acquisition will drive meaningful change for the entire legal industry and especially legal operation teams seeking a comprehensive end-to-end solution, legal technology innovation and shared best practices.

“Onit and SimpleLegal share both a passion for both disrupting the legal technology space and valuing product innovation,” said Eric M. Elfman, Onit CEO and co-founder. “Our shared commitment to elevate legal operations technology is an asset for all of our customers – from rapidly growing start-ups with their first in-house counsel all the way to the largest, most complex organizations. Together, our goal is to help all legal operations professionals achieve operational excellence on their legal technology journey.”

All product, support and services will continue uninterrupted for all customers. Management teams from both organizations will remain intact. Elfman, who was previously CEO of Onit, will serve as the CEO of the merged organization, and Nathan Wenzel, previously the CEO and co-founder of SimpleLegal, will serve as the General Manager of SimpleLegal.

“Today, corporations spend more than $160 billion on their in-house legal teams. The combination of Onit and SimpleLegal is a game-changer for the legal market and the future of legal operations,” said Wenzel. “Our teams are uniquely equipped to help shape the technology that is powering legal departments worldwide. Together, we’re looking forward to combining efforts and talent to build and bring to market the next generation of legal operations technology.”

Founded in 2013, SimpleLegal is widely recognized as a disruptor in the legal technology market. With a simple and intuitive solution delivering fast time-to-value, customers have access to software that is easy to use, implement and configure. In the last five years, SimpleLegal has helped corporate legal departments process more than $1 billion annually and manage nearly 500,000 legal matters globally.

About SimpleLegal

SimpleLegal provides a modern legal operations management platform that streamlines the way corporate legal departments manage their matters, track and interpret spend, and collaborate with vendors and law firms. SimpleLegal combines e-Billing and spend management, matter management, vendor management, and reporting and analytics into one comprehensive application to optimize legal operations and the management of the entire legal department. The company, founded in 2013, is privately held and located in Mountain View, California. For more information, visit www.simplelegal.com.

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, March 20, 2019—Onit, Inc., a leading provider of enterprise workflow solutions including enterprise legal management, contract management and operational business process automation, today announced that it appointed Chris Fields as Chief Technology Officer (CTO). Co-founder Eric Smith previously held this role and will now transition to the role of Chief Operating Officer and Chief Security Officer. This new addition adds another industry veteran from the legal technology space to the company’s executive management team.

Chris most recently served as CTO for Innovative Interfaces, where he led the engineering and product management team and was responsible for converting client/server-based technologies into a multi-tenant system leveraging cloud-based microservices for global library systems.

“As we move further into uncharted growth territory and continue our strategic trajectory, bringing Chris on board at this time was a win-win for us,” said Eric M. Elfman, Onit’s CEO and founder. “With his proven track record and unprecedented technical talent, Chris will be the long-awaited for and disruptive executive team member Onit has been looking for. Chris’ extensive technical abilities, coupled with his fine-tuned business acumen and leadership, will be key drivers in not only keeping Onit’s current momentum, but also taking it to the next level.”

As CTO at Onit, Chris will be responsible for overseeing the technical vision of the company and leading product research, engineering and development efforts. He will also be responsible for evaluating and implementing new systems and infrastructure and ensuring technologies are used efficiently and securely. Additionally, he will build quality assurance and data protection processes and communicate the company’s technology strategy to our consulting and business partners and customers.

Chris’s background includes serving as vice president and chief technology officer for Wolters Kluwer ELM Solutions, where he led the technology strategy and direction for the business and was responsible for all aspects of product engineering, including the application development platforms and all applications and modules. He directed research and development, including evaluation and integration of new technologies that deliver additional value to the company’s clients. Chris was one of the key inventors named on the patent for the Passport® technology platform. He led the development of one of the company’s initial spend management offerings, as well as the portal for collaboration between corporate legal departments and legal service providers. He also drove adoption of agile development practices to improve overall product delivery and quality.

During his broad career, Chris also held several key management and executive positions at various high-growth companies, including Datacert and Digicontract.

Chris holds a bachelor’s degree in electrical engineering from Baylor University.

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.

NEW YORK, January 29, 2019 – Onit, Inc., a leading provider of enterprise workflow solutions including enterprise legal management, contract management and operational business process automation, today announced a customer conversion program that allows customers to easily and predictably transfer to the Onit legal e-billing and matter management platform. Tailored towards Fortune 500 legal teams using legacy enterprise legal management products, solutions or software, the program gives customers an alternative to their existing tool that is either being sunsetted or not supported in future versions of other vendor product roadmaps. Law departments nearing the end of their enterprise legal management contracts are also eligible to participate. Conversion program deliverables include a well-defined project scope, discounted pricing, a sample project plan (complete with a timeline estimate) and fixed budgetary estimates of both implementation and license fees.

“In the past three years, we’ve seen our Onit enterprise legal management customer base grow exponentially and it’s been an exciting transformation,” commented Eric M. Elfman, CEO and founder. “Our customers continue to tell us that our platform is the most flexible on the market and Onit’s explosive growth supports this claim. This conversion program is an opportunity for customers to switch to an innovative platform that has robust functionality and best practices from some of the leading global companies. Knowledge workers no longer want to work in big clunky databases that add little to no value to their daily operations. They prefer to work in a more social, collaborative environment with a simple user interface. That’s where Onit is unique.”

This is further evident in the 2018 HBR Law Department Survey that highlights cost control and cost management as one of the law departments’ greatest challenges. Additionally, 80% of the 2018 respondents said they have matter management and e-billing systems in place, an all-time high for the HBR Survey, confirming that these tools have become foundational for managing workload and outside counsel spend. However, these most “commonly” used systems were also cited as the most likely to experience market movement within the next year. In the survey, more than 25% of respondents reported they are moving to or planning to explore new matter management, and e-billing systems this year.

Market data and the Onit team’s more than 20 years of legal operations experience also suggest that today’s legal operations professionals want a programmatic, safe and effective way to move from an older enterprise legal management system to a newer, more robust and modern solution. “The Onit conversion program is backed by its market-leading platform, but it is really more about giving prospective customers a clear pricing offer, a thoughtful timeline estimate and even financing for larger engagements,” said Matt DenOuden, VP of Global Sales.   “This program was a strategic decision on multiple levels, as Onit desires to continue providing customers only the finest in service. Our deeply experienced services and sales teams will guide legal teams through a needs assessment to identify a conversion project plan and will offer pricing that is actionable,” commented DenOuden. All that is needed to participate in the program is a two or three-hour commitment to answer some core questions about needs and scope.

For more details about the conversion program and to start a needs assessment, email [email protected].

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.