Posted on October 31, 2023 by Onit -
In today’s relentless and high-speed business landscape, Contract Lifecycle Management (CLM) is no longer just a strategic option; it’s a strategic imperative. However, a critical deficiency plagues many modern CLM solutions: the post-signature process and, specifically, their obligations management capabilities. Too many CLMs provide their value from pre-signature until the ink is on the dotted line … and drastically fall off from there.
So, how can departments maximize their impact through obligations management in their CLM solution? It begins with embracing a proactive, rather than reactive, approach.
Learn more in our new eBook, Beyond Signatures: Elevating Contractual Obligations with Proactive CLM.
Posted on October 13, 2023 by Onit -
The advent of generative AI marks a pivotal moment for in-house legal teams. Like any emerging technology, it brings immense opportunities and risks. As teams adopt AI, a crucial question arises – how can we strategically harness its power?
In this in-depth guide, we’ll explore everything you need to know about generative AI fundamentals for legal professionals, the art of legal prompting, guided practical prompting, and much more.
Posted on December 1, 2022 by Onit -
As legal departments prepare for 2023, strategic budgeting and vendor management are more essential than ever. The good news? Legal now has a tremendous opportunity to evolve the effectiveness of your strategic planning.
After the successful digital transformation of the department, it’s time to unleash the full power of your data through high-impact analytics, making the strategic spend decisions that make Legal stand out in an increasingly scrutinized environment.
How can Legal do that? By taking a comprehensive, four-part approach to its strategic budgeting and vendor management. Download our Strategic Spend and Vendor Management 2023 white paper to discover this four-part approach.
Posted on September 21, 2022 by Onit -
When a legal department has the technologically driven tools and processes it needs for that efficiency, it’s a game-changer for an organization. The more time that Legal has for partnering with the business, the more successful the business is and the more valuable Legal becomes to the organization.
This eBook addresses:
- World economic factors and supply chain issues
- Corporate focus on DEI and ESG efforts
- The need for consumer privacy
- Increased regulations worldwide
Posted on August 23, 2022 by Onit -
Legal service requests (LSRs) should be relatively simple to handle. In reality, however, they are a frequent and significant contributor to a legal department’s overall stress levels. Thankfully, the chaotic world of emails, phone calls, and informal conversations to initiate legal service requests is gone, and business process automation (BPA) has ushered in a new era of cutting-edge customer service and efficiency.
In our new eBook, we outline the benefits of having a quality LSR platform, including:
- Reducing the cycle time spent on manual, administrative tasks
- Enhancing responsiveness to your business partners
- Capturing all the relevant data in a simple form with little to no training
- Configuring workflow based on the information submitted in the online request form or to match business requirements
Posted on August 22, 2022 by Onit -
The last year has forced hard pivots from companies, opening pursuits to drive efficiency, control costs, and maximize productivity across the enterprise. As a result, corporate legal departments have found a new way to do business, having entirely overhauled processes and routines that, in many cases, had been in place for decades.
In this eBook, experts from companies like McDonald’s, Colgate-Palmolive, BT, and Corteva Agriscience discuss how new approaches and technologies such as platforms, enterprise legal management (ELM), and contract lifecycle nanagement (CLM) have helped them navigate successfully into this new normal.
Download this eBook to explore their advice, lessons learned, and celebrated successes.
