News Type: Press Release

Onit and HBR Host a Webinar: Checking in on Travel and Hospitality Legal Departments

WHAT: Virtual Discussion: Checking in on Travel and Hospitality Legal Departments
WHEN: October 7th, 2020 11:00 a.m. CDT
WHERE: Virtual Webinar
Speakers:
  • Eric Kabot, Sr. Associate Counsel, Royal Caribbean
  • Saumil Mehta, Sr. Vice President and Assistant General Counsel, Gogo Air
  • Paige Edwards, Director of Customer Experience, Onit
  • Kevin Clem, Chief Commercial Officer, HBR Consulting

About the Session:

Join this virtual discussion, moderated by Kevin Clem from HBR, featuring Onit customers from one of the industries hardest hit by societal changes driven by COVID-19. Hear how their legal departments have been impacted, what changes they are planning for the short- and long-term and how lessons from this crisis will inform their approach to legal issues such as contracts in the future.

Even if your company or industry has not been as severely impacted in 2020, you can benefit from the lessons learned by the travel industry. If this year has taught us anything, it is that we don’t always know what challenges will come our way!

To register, fill out the form on this page.

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

Duff & Phelps Achieves Premier Partnership Status in the Onit Strategic Alliances Program

HOUSTON, September 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 Duff & Phelps, the world’s premier provider of governance, risk and transparency solutions, has reached the Premier status of the Onit Strategic Alliances program. Duff & Phelps has been a trusted Onit partner since 2017, having worked on more than 20 projects in the U.S. and Europe across various industries such as pharmaceuticals, insurance, high-tech, oil and gas, manufacturing and more.

Duff & Phelps also holds the distinction of having numerous Level 4 Onit-certified resources on staff. To qualify for Level 4, a technical developer, project manager or business analyst must accrue 2,000 hours of implementation experience for the Onit platform Apptitude or its enterprise legal management or contract lifecycle management solutions.

“Duff & Phelps has exceptional depth and breadth of experience. It has worked with Onit and corporate legal departments across all of our solutions, including enterprise legal management, contract lifecycle management and our custom Apptitude workflow solutions. Our partnership is truly global, spanning clients in multiple industries in the U.S., Europe and beyond. I look forward to continuing to work side by side with Duff & Phelps to meet the needs of our joint clients and ensure their success,” commented Eric M. Elfman, CEO of Onit.

“As a global provider of governance, risk and transparency solutions for clients, we must work with flexible, scalable and innovative technology to enable our clients’ successes,” said Tim Strong, Managing Director of Legal Operations, and Nadine Stuttle, Managing Director of EMEA, both of Duff & Phelps. “We’re excited to be a Premier partner.”

The Onit Strategic Alliances program includes an experienced and trusted team that offers tangible results through a robust ecosystem of partners to meet clients’ needs. Whether using custom Onit solutions, matter management, e-billing, contract lifecycle management or any Onit product offerings, the Strategic Alliances team has established relationships with industry-leading providers to help Onit clients realize the highest 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 Duff & Phelps

Duff & Phelps is the world’s premier provider of governance, risk and transparency solutions. We work with clients across diverse sectors in the areas of valuation, corporate finance, disputes and investigations, cyber security, claims administration and regulatory compliance. With Kroll, the leading global provider of risk solutions, and Prime Clerk, the leader in complex business services and claims administration, our firm has nearly 4,000 professionals in 25 countries around the world. For more information, visit www.duffandphelps.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.

Onit Appoints Eric Robertson as Vice President of Product Management

HOUSTON, September 15, 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 appointed Eric Robertson as vice president of product management. Robertson, an automation expert and patent holder, has decades of experience working with digital transformation companies and leading platform strategy, architectural design, product marketing, Agile project management and product management functions.

“Eric’s extensive knowledge of enterprise technology, proven leadership and entrepreneurial experience make him an ideal executive as Onit continues its aggressive growth,” commented Eric M. Elfman, CEO of Onit. “He will be instrumental in driving the definition and delivery of our products. We’re excited to welcome him to the Onit family.”

As the vice president of product management for Onit, Robertson will provide focus on leading the development of product road maps, identifying new market opportunities and informing go-to-market strategies and messaging. He will grow the company’s talented team of product managers and product owners for the Onit Apptitude business process automation platform and its Apps and solutions that include enterprise legal management and contract lifecycle management.

Before joining Onit, Robertson served as vice president of strategy at Digital.ai, where he led and implemented the overall platform strategy and road map. As vice president of product management and engineering at CollabNet VersionOne, he provided pioneering vision and strategic direction for their SaaS-based Value Stream Management platform and defined priority areas that fulfilled enterprise solutions revenue goals. He also served at Cisco, where he was a vital member of the Cisco Center of Excellence that created Cisco Data Center Solutions and Intelligent Automation Services for Enterprises and crafted the strategy for driving strategic reseller agreements between Cisco and SAP.

Robertson holds a master’s degree in electrical engineering and software engineering from the University of Texas, Austin. He also has an advanced project management certification from Stanford 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.

Onit Expands its Popular Lean Into LegalOps Online Program with New Webinars and Virtual Discussions

HOUSTON – September 10, 2020 Onit, Inc., a leading provider of enterprise workflow solutions, including enterprise legal management, contract lifecycle management and business process automation, today announced the fall series for its Lean Into LegalOps program. The online community unites legal operations professionals worldwide to share experiences and advice in this time of dispersed operations. Since its launch in March, there have been more than 2,000 registrations for Onit Lean Into LegalOps events and networking discussions.

General counsel, inside counsel and legal operations professionals can join at no charge for both the United States and Europe.

“Onit technologies helped us adjust to the process of going 100% remote back in March. Now, Onit’s Lean Into LegalOps supports customers and the rest of the legal community looking to connect and learn from each other. I’m excited to see the program continue beyond the initial pandemic emergency and provide more opportunities for legal operations professionals,” commented Christine DiDomizio, legal operations lead at Jaguar Land Rover North America.

Lean Into LegalOps is more than a series of events. It’s a community fueled by contributions from legal operations innovators and thought leaders,” said Eric M. Elfman, CEO and co-founder. “At Onit, we want our customers to succeed and we will empower them to do so in any circumstance.”

Lean Into LegalOps – New Webinars

The goal of Lean Into LegalOps is to bring the greater in-house legal community together to exchange experiences, lessons and successes. The webinars showcased in the fall season of Lean Into LegalOps include:

  • The Power of a Platform – Daniel Lee, director of legal operations for DaVita, will share how the corporate legal department uses a business process automation platform to configure workflows and consolidate data and reports. (September 17, 11:30 a.m.–12:30 p.m. CDT)
  • Automating Processes to Connect Legal and the Business – This Lean Into LegalOps Europe session, part of The Lawyer Virtual GC Strategy Summit, has general counsel and legal operations presenters from Johnson Matthey, Duff & Phelps and more. They will focus on how legal departments can leverage technology to drive savings and efficiency. (October 2, 9:50 a.m.–10:30 a.m. BST, request a complimentary conference pass to attend. Please note you must be a senior leader in a legal department to attend.)
  • Checking in on Travel & Hospitality Legal Departments – Leaders from industries hit hardest by societal changes will explore how recent events have impacted their legal departments, what changes they anticipate and how lessons from this crisis will inform their approach to legal issues in the future. Kevin Clem, chief commercial officer at HBR Consulting, will moderate the discussion and speakers will include legal professionals from Royal Caribbean, Gogo and more. (October 7, 11:00 a.m.–12:00 p.m. CDT, get notification of open registration here.)
  • Legal Operations Reporting Done Right – Participants will hear from a leading legal operations voice and her team at Mylan, a global pharmaceutical company, about their approach to identifying and collecting the right data and creating meaningful reports for different audiences across the organization. (October 22, 11:00 a.m. – 12:00 p.m. CDT, get notification of open registration here.)
  • Virtual Legal Resourcing Debate with Buying Legal Council – Three teams will present scenarios to their hypothetical general counsel, who has asked for options to reduce outside counsel expenses. Each team will debate a business case on scenarios that include bringing more work in-house, leveraging alternative legal service providers and renegotiating terms with outside counsel. The teams will consist of experts from Onit partner Consilio and customers from Onit and SimpleLegal. Members of the Buying Legal Council board will also participate. (November 18, 10:00 a.m. – 11:00 a.m. CST, get notification of open registration here.)

Starting Friday, September 18, the webinars will be supplemented by informal check-in calls every other week. These calls will focus on discussions such as peer-led App demos and diversity programs.

To learn more about Lean Into LegalOps, join or receive the latest updates, visit here for U.S.-based legal operations professionals or here for those based in Europe.

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.

Onit and DaVita Host a Webinar: The Power of a Platform

WHAT: Webinar: The Power of a Platform, featuring DaVita
WHEN: September 17, 2020 11:30 am CDT
WHERE: Virtual Webinar
Speakers:

About the Session

No two legal departments have the exact same needs, and regulatory and legal requirements vary by industry and jurisdiction. This is why standard enterprise legal management solutions often fall short. The power of enterprise legal management that sits on a business process automation platform like Onit’s Apptitude is that workflows can be configured to specific needs and data and reports can be consolidated in one place to make reporting easier and more meaningful. Join this webinar to learn how DaVita is planning to leverage the power of Apptitude to take legal operations to the next level.

We will also highlight some of the other solutions that Onit’s Apptitude platform has solved for other enterprise-wide process challenges. With more than 5,500 Apps and 130 solutions built using Onit’s platform, legal operations managers can implement a platform that is configurable, scalable and can support hundreds of thousands of users worldwide.

To register, fill out the form on this page.

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

Onit Releases Solutions Catalog, Highlighting Creative Uses of the Apptitude Platform to Automate Business and Legal Processes

HOUSTON – September 1, 2020 – Onit, Inc., a leading provider of enterprise workflow solutions, including enterprise legal management, contract lifecycle management and business process automation, today released a catalog representing more than 5,500 Apps and 130 solutions built on its workflow and business process automation platform Apptitude. The Apps and solutions, developed by Onit customers, partners and employees, represent innovative approaches to automating business processes in legal operations and across departments.

“The Onit Apptitude platform is built on a decade of best practices and offers limitless opportunities to streamline critical business processes throughout the enterprise,” said Eric M. Elfman, CEO and co-founder of Onit. “The Onit Nation, which includes employees, partners and customers that build on the Apptitude platform, has created solutions and Apps that automate simple and complex business challenges alike – from information gathering to security governance and escalation management. If there’s a use case, Onit’s workflow automation platform can automate it.”

While almost any process or workflow-related problem can be tackled with the Apptitude platform, below are a few examples of the Apps and solutions found in the catalog:

  • Business Continuity – This suite of Apps helps companies better manage the impact of the COVID-19 pandemic, including maintaining a remote workforce, overseeing business changes, mitigating company risk and managing financial impacts.
  • TREAD Report – One of the largest automotive manufacturers uses Onit to automate reporting for the National Highway Traffic Safety Administration’s Transportation Recall Enhancement, Accountability, and Documentation (TREAD) Act, reducing manual work and ensuring the company complies with the act.
  • Trade Association Approval and Management – This App, created by a Fortune 500 company, manages memberships, renewals and spend for trade associations worldwide. By adding transparency and reporting to the process, the company drives more value from association participation and greater accountability that lowers costs.
  • Fund Management – This App helps manage all of the necessary business processes, reviews and approvals for the transfer of assets between portfolio companies and generates the legal documents needed to memorialize the transactions. Now, a company can facilitate higher volumes of these complex financial transactions with the same size staff.
  • Policy Endorsement Drafting Portal – With this App, insurance underwriters can submit policy endorsement drafts for review and approval, saving time and improving response rates with self-service and automation.
  • Marketing Challenges – A leading global consumer products company uses Onit to centralize challenge requests from emails to a single location, increasing knowledge management and enabling analytics to understand the consistency and success rates of challenges.

The Onit Apptitude platform is used by more than 400 customers, including 57 Fortune 500 corporations. It is highly configurable and scalable and supports hundreds of thousands of users worldwide. The recent launch of its new visually oriented, drag-and-drop-friendly, workflow-building interface Process Builder greatly simplifies the creation of workflows and business logic for all users – regardless of technical proficiency.  This latest version offers features such as 200+ out-of-the-box workflow actions, unlimited end-user licensing and an intuitive interface that creates a workflow visualization before it is even finished.

To request a copy of the Onit Solutions Catalog:

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.

Onit Ranks #737 on the 2020 Inc. 5000 with Three-Year Revenue Growth of 641%

HOUSTON, August 13, 2020 – Onit, a leading provider of enterprise workflow solutions including enterprise legal management, contract lifecycle management and business process automation, today announced that it ranked #737 on the Inc. 5000 list of the nation’s fastest-growing private companies.

This is the fifth consecutive year the company has been named to the list, and this year also marks an advancement of 226 spots compared to 2019. Additionally, Onit secured a spot on the Inc. Private Titans list, which features 1,000 of the largest and most iconic private American companies. It also ranked #70 on the Inc. list of the 250 most inspiring companies in Texas.

“We’re honored to be included once more on the Inc. 5000. Awards such as this would not be possible without the dedication and hard work of our employees worldwide and our innovative customers who work with us each day to automate their legal and business processes,” said Eric M. Elfman, CEO and founder of Onit.

Onit has already earned several awards this year, including ranking #153 on the Financial Times list of 500 fastest-growing companies in the Americas and listings on the 2020 Houston Business Journal Fast 100 and Middle Market 50. The company was also named as a leader in IDC MarketScape Reports for Enterprise Legal Management and Matter Management.

The Inc. 5000 represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia and many other well-known names gained their first national exposure as honorees.

“The companies on this year’s Inc. 5000 come from nearly every realm of business,” said Inc. editor-in-chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”

Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500% and a median rate of 165%. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over one million jobs over the past three years.

The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. 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.

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.

Onit Accelerates Workflow and Business Process Automation with Latest Version of its Apptitude Platform

HOUSTON – August 6, 2020 – Onit, Inc., a leading provider of enterprise workflow solutions including enterprise legal management, contract lifecycle management and business process automation, today announced the latest version of its workflow and business process automation platform Apptitude.

The no-code platform is highly configurable and scalable. Apptitude supports an unlimited number of solutions – from department-specific, such as legal spend management, legal holds and legal service requests, to shared solutions across departments including compliance, finance, human resources, risk management, IT, marketing, operations and procurement.

Serving the enterprise, the platform supports hundreds of thousands of users, millions of files and transactions and has a global reach. Close to 300 people have been certified in building Apps in Apptitude, and 5,500 production Apps have been built and deployed. Onit’s 2020 summer release of Apptitude includes an entirely new visual drag-and-drop workflow builder that allows customers to create workflows in a way that is easy for even nontechnical people to understand.

“COVID-19 will certainly be an inflection point in the global economy. This pandemic proves that all companies need a technology platform that can enable rapid change,” commented Eric M. Elfman, CEO and co-founder of Onit. “Although it is uncertain what the new normal will be in the legal ecosystem, we can safely say that efficiency, collaboration, workflow and automation are now more imperative than ever before. The latest version of our platform addresses these challenges, making it easier than ever to build workflows, automate critical business processes and connect and empower a global workforce.”

Introducing Apptitude Process Builder

Onit built the new version of Apptitude to bridge the gap between technical and business users and designed it to simplify the creation of new workflows. Apptitude’s new visual interface, Process Builder, allows all users to build and manage business logic and workflows using a drag-and-drop interface.

The complexity of solutions being built with Apptitude has grown significantly over the last 10 years. Builders who were initially tasked with addressing simple workflow problems are now solving vastly more complex enterprise-wide challenges, including risk management and compliance, where the Onit solutions compete with the best purpose-built compliance software. Building and managing business logic at this scale can be challenging for even the most advanced users. Process Builder makes it easier for customers and project managers to understand how applications work and create efficient workflows.

Process Builder provides a visual interface for building workflows. Builders configure business logic by dragging and dropping actions and groups of actions exactly where they need to go. Building new workflows is intuitive and only takes minutes for experienced builders to learn. Most important, Process Builder works with existing Apptitude configurations, and no migration or changes are required to get started. The new release also makes it easy to “show your work” to other stakeholders in an agile build process so that internal customers can quickly and easily give their input. This helps shorten the time to value in Onit implementations, which often take weeks – not months.

“One of our primary goals with this summer release is to support our community of App builders and accelerate new workflow creation and execution across the enterprise,” explained John Gilman, vice president of product strategy at Onit. “Using the new visual drag-and-drop workflow builder, technical and business analysts are empowered to build Apps faster and more efficiently, enabling better connections and collaboration with key stakeholders and knowledge workers. The reaction I got from customers is that Process Builder is a game-changer. The App builder can instantly visualize the process, and the sponsor can demonstrate in real-time the work of the project team to internal stakeholders.”

The new version of Apptitude is generally available and delivers:

  • 200+ Out-of-the-Box Workflow Actions: 200+ prebuilt workflow actions to easily and quickly create automated workflows, routines and integrations of all kinds
  • Visual Drag-and-Drop Workflow Builder: An intuitive visual interface for building and managing workflows and business logic that creates a visualization of the workflow before it’s even finished
  • No-Code Configuration: Prebuilt actions include base codes that require no code to configure into workflows and solutions.
  • Unlimited User Licensing: An unlimited number of users across numerous departments, verticals and geographies can access and collaborate within Onit.
  • Event-Driven Actions: The ability to customize event-driven actions that automate workflow processes
  • Highly Relational: Support for complex workflows and solutions with highly relational functionality that enables both parent/child and sibling relationships

The Power of the Platform

With a new Apptitude version release every month, legal and business teams can benefit from the latest technology innovations and best practices and stay up to date with industry trends and compliance regulations. Designed from the ground up to be a comprehensive, scalable and agile platform, it has unlimited potential for growth. Whether a legal department is looking to automate one process or 20, it can configure and deploy what is needed when it is required. It’s easy to enhance existing solutions and add new departments as needs change and a company evolves. Apptitude scales to support thousands of users and millions of documents, meaning companies will not outgrow the Apptitude platform.

The Onit Advantage – Onit Nation

The latest version of Apptitude has best practices from 400+ global companies that have built workflow solutions for more than a decade. Customers, employees and Onit’s technology and consulting partners have configured more than 5,500 Apps, comprised of 160 bespoke legal-focused workflow solutions with deployment in 120 countries. Onit has certified nearly 300 employees, partners and customers in more than 80 training sessions with 686 certification levels granted. The Onit implementation team, coupled with its partner network, brings decades of unmatched industry expertise to the creation, implementation and support of your solutions.

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.

Onit Named as a Leader in IDC MarketScape Reports for Enterprise Legal Management and Matter Management

HOUSTON – August 5, 2020 – Onit, Inc., a leading provider of enterprise workflow solutions, including enterprise legal management, contract lifecycle management and business process automation, today announced it has been named a leader in two IDC MarketScape Reports: IDC MarketScape: Worldwide Enterprise Legal Spend Management 2020 Vendor Assessment (Doc #US45943920, July 2020) and IDC MarketScape: Worldwide Enterprise Matter Management 2020 Vendor Assessment (Doc #US45943820, July 2020).

“We are honored to be named a leader in enterprise legal management and matter management solutions,” commented Eric M. Elfman, CEO and co-founder of Onit. “At Onit, we believe in better workflows. We create workflow-focused systems of engagement that empower collaboration, efficiency and meaningful business results for our customers worldwide. Combined with our flexibly and easily configurable Apptitude platform, corporate legal departments have an unlimited potential for legal operations transformation.”

Onit’s Enterprise Legal Management Solution allows in-house counsel and legal professionals to manage the entirety of legal department operations, from alternative fee arrangements to legal process outsourcing to legal service requests.

Onit’s Matter Management combines powerful collaboration and workflow capabilities to deliver a highly configurable product that can solve the unique needs of the most innovative legal departments.

Visit here to request a demonstration.

The naming as a leader in the IDC MarketScape reports follows a busy period for the company. In 2019, Onit received a $200 million investment from K1 Investment Management to accelerate global growth, announced the acquisition of SimpleLegal and had three-year annual recurring revenue growth of 640%. To date in 2020, the company has launched its new Contract Lifecycle Management Quick Start Implementation package and offered free COVID-19-related workflow solutions. It also kicked off its remote series of master classes for the U.S. and Europe titled Lean into Legal Ops. The program connects corporate counsel, legal operations professionals and industry innovators to share knowledge.

About IDC MarketScape

IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.

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.

Pearson Recognized by the Association of Corporate Counsel for Legal Transformation with Partners Onit and Morae

HOUSTON, July 22, 2020 – Onit, Inc., a leading provider of enterprise workflow solutions, including enterprise legal management, contract lifecycle management and business process automation, and Morae Global Corporation, a leading provider of transformative legal and compliance solutions for corporations and law firms, today jointly congratulated Pearson PLC for winning an Association of Corporate Counsel (ACC) 2020 Value Champion award.

The global learning company created a transformational shared service center to support commercial transactions worldwide for more than 10,000 users. Powered by an integrated solution from Morae and Onit, Pearson achieved a 35% cost reduction and 30% improved contract turnaround time.

New Way of Delivering Legal Services

Pearson selected Morae to assist in developing, implementing and operating an innovative, highly efficient Transaction Service Center as an extension of Pearson’s legal team in support of the company’s businesses worldwide. This included the creation of playbooks, templates, workflows and standardized processes from intake on through drafting, redlining, negotiating, execution and post-execution support, as well as leading training and change management processes.

Empowering Technology

For the integration of technology, Morae partnered with Onit to deploy the Onit Apptitude platform that included a web-based “legal front door” for incoming service requests and a contract lifecycle management system for end-to-end processing of contracts. With Onit’s technology, Pearson gained a platform to drive automation, greater standardization, ease of access to information and increased process transparency. A legal operations dashboard view enabled improved executive management of projects, resources and costs.

Transformational Results

“The transformation of the Pearson legal department began with an unprecedented operational challenge in 2017 to greatly improve efficiency and reduce costs for our global team, and do so without decreasing the quality of service or increasing risk,” said Bob Mignanelli, senior vice president, chief operating officer, legal, and associate general counsel for technology, strategy and operations for Pearson plc. “Morae has been with us every step of the way in the development and deployment of our Transaction Services Center. Together with Onit, whose technology has been instrumental in our success, both have been fantastic partners who understand how to truly collaborate with one another and our team to deliver exceptional transformational value.”

On-Demand Webinar

As part of Onit’s Lean Into LegalOps series, Mignanelli recently joined Joy Saphla, president, strategic solutions, at Morae Global Corporation, and Matt DenOuden, vice president of global sales at Onit, for an educational webinar titled “Transforming Legal Service Delivery and Enabling Self-Service at Pearson.” The webinar, now available for listening on-demand, showcases why and how the Pearson legal department redefined itself and how it now supports and executes contract work.

About ACC Value Champions

The ACC Value Champions program showcases innovative law departments that embrace creative, data-driven solutions to streamline operations. Other 2020 corporate legal department winners included VMware, Whirlpool and 7-Eleven.

About Morae Global Corporation

Morae Global Corporation provides comprehensive legal and compliance solutions to law departments, compliance teams and law firms. Morae’s team of experts is comprised of some of the most seasoned and knowledgeable professionals in the legal industry who are trusted to transform legal ecosystems worldwide. Core service lines include information governance and discovery, advisory and alternative legal resourcing, and digital transformation solutions. Morae has offices around the world, including in Abu Dhabi, Bangalore, Chicago, Frankfurt, Hong Kong, Houston, London, Maastricht, New York, Sydney, Washington, D.C., and Zurich. For more information, visit moraeglobal.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.