AUSTIN, Texas — Onit, Inc., a leading provider of Enterprise Apps, today announced that it opened an Austin office and hired Paul Wallace as vice president of sales solutions.
Bringing more than 18 years of information technology experience, Paul Wallace comes to Onit from the SHI Corporate Division. In this role, Wallace developed and executed the “go to market” strategy that, starting from ground zero, saw the acquisition of 6,200 new customers and revenue of $623 million in two years. Partnering with key vendor partners like Dell, HP, and VMware, he was able to accelerate Data Center product sales two times faster than forecasted.
Prior to SHI, Wallace led the ground up development of three separate billion-dollar business entities, Dell’s Public Transaction Group, the SMB Relationship Division, and the Internet Partners Division. Wallace and Jim Currie, VP of Sales, will head up Onit’s new Austin office and drive the company’s sales operations.
“The hiring of Paul Wallace and our expanded presence in Texas is the result of our strategic plan for Onit and its continued and consistent growth,” said Eric M. Elfman, CEO, and founder of Onit. “Paul will leverage his experience in both ‘direct’ and ‘channel’ markets, along with his leadership in P&L, operations, and change management to help Onit create a market-leading sales operation. Throughout his career, Paul has shown himself to be a true ‘intrapreneur,’ something we hold in very high esteem at Onit.”
Onit’s Austin expansion is the result of accelerated revenue growth, 764% from 2012 to 2014, and the market demand for Onit’s Enterprise Apps to expedite and streamline a wide range of day-to-day processes such as contract review and approval, legal spend management, employee onboarding and matter intake. Onit’s Austin office is located at 3305 Northland Drive, Suite 505, Austin, Texas, 78731, just west of MoPac in Austin’s scenic Balcones Hills neighborhood.
Onit was formed by legal software industry experts Eric M. Elfman and Eric A. Smith, co-founders of Datacert, now part of Wolters Kluwer, 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 www.onit.com or contact 1-800-281-1330.