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:
- Contract Review & Approval App
The Onit Contract Review & 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 Contract Review & 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.
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 www.onit.com or contact 1-800-281-1330.