News Type: Press Release

Onit Pairs with Johnson Controls for Smart Process App Webinar

HOUSTON — (BUSINESS WIRE) — Onit, a leading provider of Smart Process Apps, today announced that its client Johnson Controls will be leading a webinar-based discussion on how it regained control of its quote and contract process with Onit Smart Process Apps.

The webinar, scheduled for Wednesday, November 6 at 11:00 a.m. CT, features Johnson Controls’ Legal Quality Manager Mark Barron who will discuss how Smart Process Apps from Onit helped the company process hundreds of contracts and quotations representing more than $1 billion as well as decrease cycle times, gain increased visibility into transaction status and improve compliance with business policies.

Attendees will learn first-hand from the Fortune® 100 corporation’s experience how to:

  • Create processes that are collaborative, transparent, and repeatable
  • Move process initiation and approval out of email for increased transparency
  • Manage workloads and workflow and gain a quick overview of all on-going transactions

For many law departments, growth in their business is leading to unrelenting demand for urgent legal services and a constant challenge to provide improved and expanded legal services. Light-weight, flexible and cloud-based Smart Process Apps from Onit – which are often created and deployed within days – represent the next generation of business solutions. The Apps offer expansive capabilities that collect data, enable flexible workflows, optimize business processes, support and encourage team collaboration, enhance visibility and eliminate IT costs.

To register for the webinar, visit https://www.onit.com/webinar-case-study-contract-approval.

About the Speaker

Mark Barron is the Manager of Quality and Continuous Improvement for the Johnson Controls Law Department. In this role, Mark supports the global law department strategic focus on quality planning and is accountable for the progress of the department on its quality plan. Most recently, Mark and his team have worked with Onit on the functional requirements for the App Builder to assure appropriateness as a workflow technology that will enable law department core legal processes. Mark has held previous roles in quality, engineering, and intellectual property management and received his Juris Doctor and Electrical Engineering Degrees from Marquette University.

About Onit

Onit was formed by legal software industry experts Eric M. Elfman and Eric A. Smith, co-founders of Datacert, a leading provider of enterprise spend management software. Launched in early 2010, Onit deploys Smart Process Apps to simplify business process automation and improve business productivity across all departments and industries. The Onit App Builder allows business users to drive efficiency and productivity by combining business process management, project management, and information management into one easy to use tool so the user can create their own Onit Apps without having to rely on IT for support.

Businesses have processes for everything — whether it’s hiring a vendor or law firm, terminating an employee, submitting a contract for review, requesting a trademark request, obtaining an NDA, etc. Most of these processes are manual, paper intensive and cumbersome. With Onit Apps, processes are automated in a few clicks, responsible parties are notified immediately, and data collection is centralized. Onit doesn’t require any software to download or resources from IT. For more information, visit onitprostg.wpengine.com or contact 1-800-281-1330.

Onit Offers E-Sign Capabilities for Contract Management Apps

HOUSTON — (BUSINESS WIRE) — Onit, a leading provider of Smart Process Apps, today announced that its Apps now support e-signing capabilities. The new feature gives Onit Smart Process App users the ability to electronically sign non-disclosure agreements (NDAs), master service agreements (MSAs) and any other contract or document as well as submit, review, approve and manage them with one easy-to-use tool.

The contract review and approval process is often a challenging one for busy professionals. Contracts often require multiple reviews and edits from numerous individuals inside and outside of the organization – a process that is most often handled with tools such as spreadsheets, emails, and documents. This leaves the department with a limited amount of visibility as to where a contract is, how long it’s been there or when it’s expected to be completed.

More importantly, Onit’s eSignature capabilities dramatically reduce the risk associated with operating under unexecuted agreements. It also ensures that every executed contract is automatically delivered as executed to the proper legal internal repositories for storing and auditing.

The Onit ReviewAI and Approval App provides a simple, reliable process for the entire lifecycle of the contract and yields benefits such as revenue cycle compression, improved contract compliance, and improved operational efficiencies. The addition of the Adobe EchoSign electronic signature capabilities not only improves productivity but also ensures that the entire span of a contract’s review is auditable within the Onit App.

About Onit

Onit was formed by legal software industry experts Eric M. Elfman and Eric A. Smith, co-founders of Datacert, a leading provider of enterprise spend management software. Launched in early 2010, Onit deploys Smart Process Apps to simplify business process automation and improve business productivity across all departments and industries. The Onit App Builder allows business users to drive efficiency and productivity by combining business process management, project management, and information management into one easy to use tool so the user can create their own Onit Apps without having to rely on IT for support.

Businesses have processes for everything — whether it’s hiring a vendor or law firm, terminating an employee, submitting a contract for review, requesting a trademark request, obtaining an NDA, etc. Most of these processes are manual, paper intensive and cumbersome. With Onit Apps, processes are automated in a few clicks, responsible parties are notified immediately, and data collection is centralized. Onit doesn’t require any software to download or resources from IT. For more information, visit onitprostg.wpengine.com or contact 1-800-281-1330.

Capterra Names Onit to Its List of Top Contract Management Software

HOUSTON — (BUSINESS WIRE) — Onit, a leading provider of Smart Process Apps, today announced that software advisor Capterra has named Onit to its top-twenty list of leading contract management software.

Companies included on the list were measured by a combination of their total number of customers, active users, and online presence. Onit ranked number 16 on the list of 20.

Smart Process Apps from Onit are light-weight, easily customizable applications that simplify complex processes such as contract review and approval, contract administration, matter management, budgeting and employee onboarding. Since the company’s launch in 2010, it has seen an exponential growth in the adoption of its Apps by companies such as APCO Worldwide, The Home Depot, and ZS Associates.

“Since our App market launch, we have seen an aggressive adoption rate for our Smart Process Apps. The Apps streamline time-consuming processes that previously relied on transparency-dimming and manual tools such as emails, spreadsheets, and documents to track progress through completion. Contract management often requires extensive review periods populated by multiple reviewers and edits, which can vastly complicate the process. Our ReviewAI & Approval App adds an important layer of automation, documentation and auditing to the process,” said Eric M. Elfman, co-founder and CEO of Onit.

To view the list, visit http://www.capterra.com/infographics/top-contract-management-software#.UmBA0VCsiM7.

To learn how Onit’s ReviewAI & Approval App can streamline your contract management process, download this white paper.

About Onit

Onit was formed by legal software industry experts Eric M. Elfman and Eric A. Smith, co-founders of Datacert, a leading provider of enterprise spend management software. Launched in early 2010, Onit deploys Smart Process Apps to simplify business process automation and improve business productivity across all departments and industries. The Onit App Builder allows business users to drive efficiency and productivity by combining business process management, project management, and information management into one easy to use tool so the user can create their own Onit Apps without having to rely on IT for support.

Businesses have processes for everything — whether it’s hiring a vendor or law firm, terminating an employee, submitting a contract for review, requesting a trademark request, obtaining an NDA, etc. Most of these processes are manual, paper intensive and cumbersome. With Onit Apps, processes are automated in a few clicks, responsible parties are notified immediately, and data collection is centralized. Onit doesn’t require any software to download or resources from IT. For more information, visit onitprostg.wpengine.com or contact 1-800-281-1330.

Onit to Illustrate Power of Smart Process Apps at Mitratech Interact 2013

HOUSTON — (BUSINESS WIRE) — Onit, a leading provider of Smart Process Apps, today announced that Paul Zengilowski, its Customer Development Executive, will lead a session exploring real-world benefits of Smart Process Apps at the annual Mitratech users’ conference. The event, attended by hundreds of Mitratech clients and partners and scheduled for Oct. 13-16 in Austin, Texas, offers a peer-driven forum that focuses on practical strategies for legal, compliance and risk for corporations and government agencies.

Zengilowski will partner with Rich Seleznov of 3rd Street Consulting LLC to present “A New Era: Smart Process Apps are Re-inventing How Law Departments Operate” on Tuesday, Oct. 15 at 10 a.m. CT. The discussion will include an overview into Smart Process Apps and how companies have used them to cultivate significant improvements in operational processes and cost reductions.

For many law departments, growth in business is leading to unrelenting demand for urgent legal services and a constant challenge to provide improved and expanded legal services. Enterprise software often fails to incorporate the very tools – such as email, spreadsheets, and documents – that track and document important processes. Now, law departments are turning to Smart Process Apps to drive new methods of tracking legal services and communicating around matters.

A number of Fortune 500 companies, including a number of Mitratech clients, have selected Onit Apps to automate processes such as contract review, accruals collection, NDA self-service and other processes currently handled with email, Microsoft Word and Excel spreadsheets. In doing so, they are more easily able to manage risk, improve responsiveness to their business clients, increase productivity of their staff attorneys, and gain greater transparency and insight into their portfolio of work.

Attendees of this session will learn why companies have turned to Smart Process Apps instead of their traditional systems of record and how their performance and adoption metrics are seeing significant business and operational improvements such as:

  • Faster turnaround times on agreements
  • Easily accessible centralized repositories for agreements and contracts
  • A significant reduction in costs around reviewing and finalizing contracts
  • A greater transparency into the status of legal matters for clients

To learn more about this session, visit http://www.mitratech.com/community/interact-2013/interact-agenda/?subject=show_details&_year=2013-interact&sid=35#35.

About Paul Zengilowski

Paul Zengilowski is a seasoned business and legal technology executive with more than 20 years of sales, business development and client implementation experience. As a Customer Development Executive, he oversees the company’s outside sales, partner and channel strategy, while also contributing to the company’s product direction and strategy.

Previously, Paul was the Director of Legal Services at Pangea3, a division of Thomson Reuters and was responsible for sales of LPO services to corporate legal and procurement organizations. He also held key positions at IntApp as the Vice President of the Revenue Management Practice and Datacert as the General Manager, Corporate Legal Solutions.

About Rich Seleznov

Rich Seleznov serves as an independent advisor to corporate legal departments. Prior to starting 3rd Street Consulting LLC, Rich was a Managing Director at Huron Consulting Group and managed the Law Department Management practice. He was also in the Law Department Consulting practice at PricewaterhouseCoopers before joining Huron. Prior to consulting, Rich held a variety of management positions at Exxon Mobil including responsibility for the Business and Technology Operations of the Law Department. Responsibilities included financial management, information technology, litigation support, and the management of 150 non-attorney personnel.

Rich applies more than 30 years of financial and management experience to improving the business performance of law departments through process improvement and the use of technology. Focus areas include strategies for reducing the cost of legal services by optimizing internal resources, external spend and discovery management. Rich also works with clients on technology strategies, business process improvement, benchmarking, and technology implementations.

About Onit

Onit was formed by legal software industry experts Eric M. Elfman and Eric A. Smith, co-founders of Datacert, a leading provider of enterprise spend management software. Launched in early 2010, Onit deploys Smart Process Apps to simplify business process automation and improve business productivity across all departments and industries. The Onit App Builder allows business users to drive efficiency and productivity by combining business process management, project management, and information management into one easy to use tool so the user can create their own Onit Apps without having to rely on IT for support.

Businesses have processes for everything – whether it’s hiring a vendor or law firm, terminating an employee, submitting a contract for review, requesting a trademark request, obtaining an NDA, etc. Most of these processes are manual, paper intensive and cumbersome. With Onit Apps, processes are automated in a few clicks, responsible parties are notified immediately, and data collection is centralized. Onit doesn’t require any software to download or resources from IT. For more information, visit onitprostg.wpengine.com or contact 1-800-281-1330.

Leading Legal Organizations to Discuss How Smart Process Apps From Onit Re-Invent Law Department Performance

HOUSTON, TX — (MARKETWIRE) — 10/02/13 — Onit, a leading provider of Smart Process Apps, today announced a new series of East coast seminars focused on illustrating how Smart Process Apps can improve legal services. The seminars kick off on Oct. 8 in Atlanta and include stops in Washington D.C. (Oct. 9) and Boston (Oct. 10) and feature presentations from leading global organizations including The Home Depot and APCO Worldwide.

No matter what industry, products, services or customers, all businesses need flexible processes that can scale with demand and the right tools to support it. Fortune® 500 and AmLaw 100 legal organizations are no different. Despite practicing law from different perspectives, the success of their organizations depends on their dexterity to respond to the demand for services as well as the ability to provide enhanced legal services.

Smart Process Apps are quickly emerging as a forerunner for enabling efficient and cost-effective processes. The featured organizations will share how they rely on Smart Process Apps to manage risk, increase responsiveness to clients, improve the productivity of attorneys and drive greater transparency around their portfolio of work.

The first meeting — scheduled for Tuesday, October 8 in Atlanta — features Libby Troughton, Senior Manager in The Home Depot’s Legal IT department, who will discuss the company’s legal department business challenges, the need for the Onit ReviewAI & Approval App to improve performance, the strategy they developed to implement it and the business results they’ve achieved.

The roadshow continues on Wednesday, October 9 in Washington, D.C., as Jonathan Friedman, Assistant General Counsel APCO Worldwide, will share the reasons his legal department selected Smart Business Process Apps from Onit, how they were implemented and the results the legal team has seen to date.

On Tuesday, October 10, the roadshow continues to Boston. There, a local law firm will review the firm’s Alternative Fee Arrangement (AFA) processes and how Onit’s AFA Submission and Approval App helps the firm work towards its clients’ interests and supports the forecasting and budgeting processes critical to making the issue of pricing transparent so clients aren’t surprised about their legal bills.

All in-house counsel and technology professionals are invited to attend.

To learn more about these breakfast meetings or to register, visit https://www.onit.com/new-era-seminars.

About Onit

Onit was formed by legal software industry experts Eric M. Elfman and Eric A. Smith, co-founders of Datacert, a leading provider of enterprise spend management software. Launched in early 2010, Onit deploys Smart Process Apps to simplify business process automation and improve business productivity across all departments and industries. The Onit App Builder allows business users to drive efficiency and productivity by combining business process management, project management, and information management into one easy to use tool so the user can create their own Onit Apps without having to rely on IT for support.

Businesses have processes for everything — whether it’s hiring a vendor or law firm, terminating an employee, submitting a contract for review, requesting a trademark request, obtaining an NDA, etc. Most of these processes are manual, paper intensive and cumbersome. With Onit Apps, processes are automated in a few clicks, responsible parties are notified immediately, and data collection is centralized. Onit doesn’t require any software to download or resources from IT. For more information, visit onitprostg.wpengine.com or contact 1-800-281-1330.

Onit Unveils Smart Process App Market

HOUSTON, TX — (MARKETWIRE) — 09/24/13 — Onit, a leading provider of Smart Process Apps, today announced the launch of its Smart Process App Market.

Smart Process Apps, defined by Forrester as “A new category of application software designed to support business activities that are people-intensive, highly variable, loosely structured and subject to frequent change,” bridge the gap between the limitations of traditional enterprise software and the desire by stakeholders to enact more collaborative and transparent business experiences.

Onit’s Smart Process App Market offers more than 20 Apps that unite business practices across disciplines including:

  • Contract Administration
  • Invoice Payment & Approval
  • Employee Onboarding
  • Quote Approval

“The ability to not only survive but thrive depends on a corporation’s ability to quickly identify and respond to new and existing business opportunities. Smart Process Apps can quickly conform to ever-evolving processes and fill the gap between systems of record and systems of engagement,” said Eric M. Elfman, co-founder and CEO of Onit. “As a light-weight, process-driven offering, they are also uniquely flexible, allowing business teams to make continuous improvements to a process.”

Recently, companies have gained time and cost-savings by adopting Smart Process Apps. One Fortune® 500 corporation saved more than $1 million with Onit’s Legal Process Outsourcing App. Another Fortune 500 corporation deployed Onit’s Quote Approval App and realized a significantly faster review and approval cycle on quotations worth billions of dollars.

To visit the Onit Smart Process App Market, visit https://www.onit.com/app-market/.

To schedule a free demonstration of Onit’s Smart Process Apps, visit https://www.onit.com/demo.

About Onit

Onit was formed by legal software industry experts Eric M. Elfman and Eric A. Smith, co-founders of Datacert, a leading provider of enterprise spend management software. Launched in early 2010, Onit deploys Onit Apps to simplify business process automation and improve business productivity across all departments and industries. The Onit App Builder allows business users to drive efficiency and productivity by combining business process management, project management, and information management into one easy to use tool so the user can create their own Onit Apps without having to rely on IT for support.

Businesses have processes for everything — whether it’s hiring a vendor or law firm, terminating an employee, submitting a contract for review, requesting a trademark request, obtaining an NDA, etc. Most of these processes are manual, paper intensive and cumbersome. With Onit Apps, processes are automated in a few clicks, responsible parties are notified immediately, and data collection is centralized. Onit doesn’t require any software to download or resources from IT. For more information, visit onitprostg.wpengine.com or contact 1-800-281-1330.

Onit to Present and Exhibit at LegalTech West Coast May 21 – 22 in Los Angeles

LOS ANGELES, CA — (MARKETWIRE) — 05/20/13 — Onit, a leading provider of business productivity and process management Apps, today announced that Jennifer Billingsley, General Counsel for ZS Associates and Paul Zengilowski, customer development executive for Onit will be presenting on the importance of business process Apps at LegalTech West Coast in Los Angeles.

The discussion, titled “A New Era: Business Apps are Re-Inventing How High-Performing Law Departments Operate,” is scheduled for May 21 at 2:45 pm PT during the conference’s Emerging Technology track. LegalTech West Coast is one of the leading conferences for law firms and legal departments that provides practical information for improving law practice management.

Despite an almost universal focus by corporate law departments on managing risk, improving responsiveness and increasing productivity, most law departments find gaps in their ability to achieve great transparency and insight around their portfolio of work. According to surveys, the gaps relate specifically to the ability to manage workflow, collaboration and transaction review and approval.

However, more and more high-performing law departments are turning to a new category of business process Apps to address these issues and deliver new capabilities to attorneys and the business units they support. During the presentation, Billingsley and Zengilowski will discuss:

  • How a diverse range of companies like ZS Associates, Johnson Controls, and The Home Depot are deploying Onit Apps to support contract review and approval, self-service NDAs, LPO transaction workflow, document assembly and compliance activities
  • How law departments can leverage best practices to improve responsiveness, increase productivity and develop greater insight to their portfolio of work
  • How Apps that augment existing technology including email, matter management, document management and other enterprise systems, can extend and enable the enterprise-wide collaboration necessary to support businesses across organizational and geographic boundaries

Visit here to learn more about the Onit presentation at LegalTech West Coast. Stop by booth #221 for a demo of Onit’s Legal Apps during the tradeshow.

About Onit

Onit was formed by legal software industry experts Eric M. Elfman and Eric A. Smith, co-founders of Datacert, a leading provider of enterprise spend management software. Launched in early 2010, Onit deploys Onit Apps to simplify business process automation and improve business productivity across all departments and industries. The Onit App Builder allows business users to drive efficiency and productivity by combining business process management, project management, and information management into one easy to use tool so the user can create their own Onit Apps without having to rely on IT for support.

Businesses have processes for everything — whether it’s hiring a vendor or law firm, terminating an employee, submitting a contract for review, requesting a trademark request, obtaining an NDA, etc. Most of these processes are manual, paper intensive and cumbersome. With Onit Apps, processes are automated in a few clicks, responsible parties are notified immediately, and data collection is centralized. Onit doesn’t require any software to download or resources from IT. For more information, visit onitprostg.wpengine.com or contact 1-800-281-1330.

Onit’s President to Judge the 13th Annual Rice University Business Plan Competition

HOUSTON, TX — (MARKETWIRE) — 04/12/13 — Onit, a leading provider of business productivity and process management Apps, today announced that its President Eric M. Elfman will once more serve as a judge for the Rice University Business Plan Competition. This will be the 12th year that he has served in this capacity for the competition, which is the world’s richest and largest graduate-level business plan competition.

Hosted and organized by the Rice Alliance for Technology and Entrepreneurship and the Jesse H. Jones Graduate School of Business, the competition has grown from nine teams competing for $10,000 in prize money in 2001 to 42 teams from around the world vying for more than $1.3 million in cash and prizes.

In the start-up world, entrepreneurs often have to solicit the resources to finance their businesses. The competition mirrors this process by inviting the entrepreneurs to “pitch” their business plans and vision to the judges. The judges then grade each presentation as if they were venture capital investors themselves. The winner of the competition is the business that the judges would most likely invest in based on the quality of the idea, the strength of the management team and the clarity and persuasiveness of the written plan and oral presentation.

“Competitions such as these are invaluable sources of experience and growth for up-and-coming businesses,” said Elfman. “As a serial entrepreneur myself, I understand the business focus and vision necessary to grow a successful venture.”

The judges, usually members of the investment community or involved in early-stage investment decisions on a consistent basis, review and rank business plans through three rounds throughout the three-day competition. Winners are designated based on the judges’ willingness to invest in a business based on an evaluation of the written business plan and a verbal presentation.

To learn more about the competition and its rigorous judging duties, visit http://www.alliance.rice.edu/rbpc.aspx.

About Onit

Onit was formed by legal software industry experts Eric M. Elfman and Eric A. Smith, co-founders of Datacert, a leading provider of enterprise spend management software. Launched in early 2010, Onit deploys Onit Apps to simplify business process automation and improve business productivity across all departments and industries. The Onit App Builder allows business users to drive efficiency and productivity by combining business process management, project management, and information management into one easy to use tool so the user can create their own Onit Apps without having to rely on IT for support.

Businesses have processes for everything — whether it’s hiring a vendor or law firm, terminating an employee, submitting a contract for review, requesting a trademark request, obtaining an NDA, etc. Most of these processes are manual, paper intensive and cumbersome. With Onit Apps, processes are automated in a few clicks, responsible parties are notified immediately, and data collection is centralized. Onit doesn’t require any software to download or resources from IT. For more information, visit onitprostg.wpengine.com or contact 1-800-281-1330.

Onit Unveils 10 Legal Apps at LegalTech(R) New York 2013

NEW YORK, NY — (MARKETWIRE) — 01/29/13 — Onit, a leading provider of business productivity and process management Apps, today announced that it unveiled 10 Legal Apps at LegalTech New York 2013. Onit is sponsoring the Cyber Café on the 3rd floor of the Hilton New York and will be offering a two-week trial of two Legal Apps to LegalTech New York attendees.

“Onit Apps for Legal streamline processes within legal, and across all departments, business units and divisions that interact with them, to achieve complete transaction visibility,” commented Eric M. Elfman, CEO of Onit. “Too many processes are manual and paper-intensive, handled with email, Word documents or Excel spreadsheets. We’re excited to show LegalTech attendees a variety of Legal Apps that are simple to use and easy to deploy so business users can reduce the time it takes to get work completed.”

Onit Apps for Legal are highly configurable, flexible and do not require significant IT time or an expensive investment. In fact, a user can start using one of our pre-configured Legal Apps in five minutes. In thirty minutes, a user can configure one of our 10 Onit Apps for Legal to suit their specific needs. In 60 minutes, a user can completely define and deliver a new custom Onit App to automate processes with the Onit App Builder.

Below are the 10 Legal Apps Onit will be demonstrating at the tradeshow:

  • ReviewAI & Approval App
    The Onit ReviewAI & Approval App takes your broken, manual and time-consuming contracting process and automates it. No longer will your staff have to search their inbox or hard drive for the latest version or keep an Excel spreadsheet to track their contracts. With the Onit ReviewAI & Approval App, you can compress your revenue cycle, improve supplier and vendor relationships, achieve higher contract compliance rates, and mitigate risks by having fewer contractual exceptions and increase internal and external customer satisfaction.
  • Contract Administration App
    The Onit Contract Administration App lets you easily manage contracts and business documents in one central location. Contract administrators typically have very little control or visibility into the contract lifecycle. The Onit Contract Administration App eliminates this problem and provides administrative insight that is not possible when using spreadsheets or email.
  • Matter Management App
    The Onit Matter Management App organizes all of your company’s legal information — from documents to emails, to invoices for outside counsel, time spent by employees, deadlines and dockets. Your team will have immediate access to critical matter, financial and performance metrics through simple information collection, management and workflow.
  • E-hold Management App
    The Onit E-hold Management App reduces risks, simplifies compliance and lowers administrative overhead. If your organization is managing custodians with a spreadsheet, it is time to stop. Onit makes it easy to create holds, send hold notifications and ensure acknowledgment.
  • NDA Request App
    The Onit NDA Request App lets you provide better customer service, reduce cycle time and drive down cost. Whether providing self-service NDAs or moving third-party NDA review to a legal process outsourcer, the Onit NDA Request App is the easiest answer.
  • Collaborative Budgeting App
    The Onit Collaborative Budgeting App allows you to completely organize the process of requesting, collecting, reviewing and approving budgets from outside counsel. Traditionally, a process is managed with emails and spreadsheets, requiring duplicate data entry and difficulty in managing. With the Onit Collaborative Budgeting App, it is now straightforward to request, compile and collaborate on budgets so that you can get a handle on spend forecasts and matter staffing plans.
  • Alternative Fee Arrangement Approval (AFA) App
    The Onit Alternative Fee Arrangement Approval App helps pricing staff and committees manage the review and approval of AFA requests by enabling the collection of key information about the request, providing a shared workspace for discussion, collaboration and decision-making and an ability to review a history of transactions to spot trends and patterns. The AFA App simplifies the process, improves response times, replaces email and spreadsheets, and eliminates an unruly and complex process.
  • Outside Counsel Engagement App
    The Onit Outside Counsel Engagement App simplifies how you manage your outside counsel while making your matter management system more valuable. It is easy for outside counsel to use and ensures that every legal matter is budgeted and that your matter management system reflects all outside work. It can also be deployed in a way that allows business users to be engaged during the retention process.
  • Legal Process Outsourcing (LPO) App
    Outsourcing work and the complexities of assigning work, tracking progress and reporting on service level agreements in email and spreadsheets is not efficient. The Onit Legal Process Outsourcing App allows you to manage the work through simple but robust forms, automating workflow and notifications, enabling your LPO to easily reroute transactions back into your organization when necessary. Additionally, the LPO App provides a real-time dashboard that enables you to view the status of all the transactions in your portfolio.
  • Matter Intake App
    The Onit Matter Intake App is a remarkably valuable capability for law departments that have a matter management system. It helps you collect all the data necessary to get a matter opened and assigned to the right attorney. It also provides the capability to automatically acknowledge new matters and ensure that your attorneys have all the information they need to get started right away. You will see benefits as broad as distributing work more evenly, improving response times and ensuring that the data in your matter management system is as up-to-date as possible.

About Onit

Onit was formed by legal software industry experts Eric M. Elfman and Eric A. Smith, co-founders of Datacert, a leading provider of enterprise spend management software. Launched in early 2010, Onit deploys Onit Apps to simplify business process automation and improve business productivity across all departments and industries. The Onit App Builder allows business users to drive efficiency and productivity by combining business process management, project management, and information management into one easy to use tool so the user can create their own Onit Apps without having to rely on IT for support.

Businesses have processes for everything — whether it’s hiring a vendor or law firm, terminating an employee, submitting a contract for review, requesting a trademark request, obtaining an NDA, etc. Most of these processes are manual, paper intensive and cumbersome. With Onit Apps, processes are automated in a few clicks, responsible parties are notified immediately, and data collection is centralized. Onit doesn’t require any software to download or resources from IT. For more information, visit onitprostg.wpengine.com or contact 1-800-281-1330.

Onit Focus on Strategic Growth and Industry Commitment Earns Important Milestones for 2012

HOUSTON, TX — (MARKETWIRE) — 01/28/13 — Onit, a leading provider of business productivity and process management Apps, today announced that it has achieved significant milestones in 2012 that have propelled the company’s strategic growth and vision for 2013. These milestones include new funding, product releases, and customers.

“Since we started Onit in 2010, we have been focused on providing Apps that expedite and streamline day-to-day operational activities and the market has responded positively to our mission, vision and product offerings,” said Eric M. Elfman, co-founder and CEO of Onit. “We will continue our upwards momentum and progress in 2013.”

Growth/Financial Milestones

A series of significant financial and growth milestones have spurred Onit’s success in 2012. These included the:

  • Attainment of $4.1 million in Series B funding led by Austin Ventures and announced in January 2012. With this funding, the company accelerated product innovation and expanded its line of business productivity and process Apps.
  • Addition of multiple new clients in 2012, including Fortune 500 and a mix of mid- and small-sized organizations in industries ranging from real estate to communications and retail.
  • Adoption and usage of Onit Apps in more than 60 countries around the world.

New Products

Throughout 2012, the company continued its focus on providing new, powerful Apps to help manage processes and drive productivity. New product releases included:

  • Onit App Builder, a process automation platform that combines business process management, collaboration and project management functionality into one innovative SaaS tool. Onit App Builder allows business users to easily develop and deploy Apps to facilitate continuous improvement of critical business processes.
  • Legal and Governance, Risk & Compliance Apps designed to streamline operations, automate processes, control costs and help reduce company risk.

Commitment to Legal Industry

Onit underscored its commitment to the legal industry in 2012 with the launch of the Legal Department Operations Roundtable, a forum that highlights emerging trends, best practices and actionable insight to the Law Department Operations community. The forum, which offers peer networking, access to best practices, seminars, and webinars, focuses on timely issues such as outside counsel management, budgeting, e-discovery, metrics and reporting and alternative fee arrangements. The Legal Department Operations Roundtable held its first event in September at the headquarters of CDW in Vernon Hills, IL and included presentations from some of the leading visionaries involved in law department operations.

The roundtable’s next event, centered on Trends in Process Management, was held on January 24th in Houston and featured Harvard Business Review contributor, consultant, and business process expert Brad Power. Events will continue throughout 2013 with visits scheduled for New York City, Los Angeles, Dallas, Atlanta and Chicago.

Onit leaders also lead valuable discussions at several prestigious conferences, including the Texas Lawyer’s In-House Counsel Summit, the 34th Annual Corporate Counsel Institute and the Managing Litigation Forum 2012.

About Onit

Onit was formed by legal software industry experts Eric M. Elfman and Eric A. Smith, co-founders of Datacert, a leading provider of enterprise spend management software. Launched in early 2010, Onit deploys Onit Apps to simplify business process automation and improve business productivity across all departments and industries. The Onit App Builder allows business users to drive efficiency and productivity by combining business process management, project management, and information management into one easy to use tool so the user can create their own Onit Apps without having to rely on IT for support.

Businesses have processes for everything — whether it’s hiring a vendor or law firm, terminating an employee, submitting a contract for review, requesting a trademark request, obtaining an NDA, etc. Most of these processes are manual, paper intensive and cumbersome. With Onit Apps, processes are automated in a few clicks, responsible parties are notified immediately, and data collection is centralized. Onit doesn’t require any software to download or resources from IT. For more information, visit onitprostg.wpengine.com or contact 1-800-281-1330.