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BT Group plc and Onit Finalists for Prestigious Legal Procurement Award

HOUSTON, October 29, 2021 – Onit, Inc., a leading provider of enterprise workflow and artificial intelligence platforms and solutions, including enterprise legal management, contract lifecycle management and business process automation, today announced that they and their customer BT Group plc are joint finalists for Buying Legal Council’s prestigious Legal Procurement Award for Innovation.

“It was truly a great opportunity to work with David Griffin and his team at BT Group plc on their highly innovative MyLegal project,” said Eric M. Elfman, CEO and co-founder of Onit. “It was exciting for us to learn that the implementation reduced the complexity of BT’s technology stack by 75%, and an unprecedented 70% of matters that previously hadn’t been reportable or trackable were now under complete management. With the help of Onit’s solutions, BT is leveraging this opportunity to rethink, streamline and measure their activities and processes to transform their law department by integrating best practices into smarter workflows and operational efficiencies. The results of BT’s technology implementation speak for themselves, and for every hour they can give back to their lawyers on some task that can be automated, they can plow back into something that is more productive to their company.”

“The Legal Procurement Awards showcase advances in legal procurement and honor those who are at the forefront of new developments. The awards provide a measure of recognition for achievement on the most relevant dimensions of skill and creativity,” commented Dr. Silvia Hodges Silverstein, CEO of the Buying Legal® Council.

The Buying Legal® Council is the international trade organization for professionals tasked with sourcing legal services and managing supplier relationships. Founded in September 2014, the Buying Legal® Council counts most of the leading organizations around the world as our members. The range from pharmaceuticals, banking and insurance, retailers, consumer goods, electronics and sportswear to public entities. We support our members through advocacy, networking, education, research, and information. Members benefit from practical, professional training, access to in-depth and actionable resources and best practices, and connecting with your peers.

About Onit

Onit is a global leader of workflow and artificial intelligence platforms and solutions for legal, compliance, sales, IT, HR and finance departments. With Onit, companies can transform best practices into smarter workflows, better processes and operational efficiencies. With a focus on enterprise legal management, matter management, spend management, contract lifecycle management and legal holds, the company operates globally and helps transform the way Fortune 500 companies and billion-dollar corporate legal departments bridge the gap between systems of record and systems of engagement. Onit helps 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 Earns Gold Globee in International Best in Business Awards

2021 Globee Awards Gold Winner - International Best in BusinessHOUSTON, October 26, 2021 – Onit, Inc., a leading provider of enterprise workflow and artificial intelligence platforms and solutions, including enterprise legal management, contract lifecycle management and business process automation, today announced that they are a Gold Globee International Best in Business Award winner in the software development category. This marks the third Globee award win for the company this year.

“We are proud to be recognized as an industry leader with this award,” said Eric M. Elfman, CEO and co-founder of Onit. “As leaders of business process automation, AI and legal business intelligence, our vision for the next wave of business transformation has legal departments running their operations based on actionable data. Behind this distinguished success is our product innovations and relentless drive to stay customer focused. This win is important for Onit and further validates our strategy to be highly focused on our customers, partners and products.”

The coveted annual International Best in Business Awards program recognizes and honors the world’s best in organizational performance, products and services, innovations, executives and management teams, women in business and the professions, case studies and successful deployments, public relations and marketing campaigns, product management, websites, blogs, white-papers, videos, advertisements, creativity, partner programs, and customer satisfaction programs from every major industry in the world. This annual awards program celebrates the individuals and teams who set industry benchmarks for excellence.

Globee Awards are conferred in eleven programs and competition: the CEO World Awards®, the Consumer World Awards®, The Customer Sales & Service World Awards®, the Globee® International Best in Business Awards, the Golden Bridge Awards®, the Cyber Security Global Excellence Awards® and Security World Awards, the IT World Awards®, One Planet® American Best in Business Awards, the Globee® Employer Excellence Awards®, the Globee® Corporate Communications & Marketing World Awards, and the Women World Awards®. Honoring organizations of all types and sizes and the people behind their success, the Globee Awards recognize outstanding achievements and performances in businesses worldwide. Learn more about the Globee Awards at https://globeeawards.com.

About Onit

Onit is a global leader of workflow and artificial intelligence platforms and solutions for legal, compliance, sales, IT, HR and finance departments. With Onit, companies can transform best practices into smarter workflows, better processes, and operational efficiencies. With a focus on enterprise legal management, matter management, spend management, contract lifecycle management and legal holds, the company operates globally and helps transform the way Fortune 500 companies and billion-dollar corporate legal departments bridge the gap between systems of record and systems of engagement. Onit helps 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 on Houston Business Journal’s Fast 100 and Innovation List for Fifth Year

HOUSTON, October 6, 2021 – Onit, Inc., a leading provider of enterprise workflow and artificial intelligence platforms and solutions, including enterprise legal management, contract lifecycle management and business process automation, today announced that the company ranked #13 on the Houston Business Journal’s Fast 100 and Innovation list. This marks the second consecutive year Onit has ranked on the list, and the company has ranked a total of five times.

“This kind of exciting news never gets old for me,” commented Eric M. Elfman, CEO and founder of Onit. “Ranking #13 out of 100 Houston area companies is quite an honor for us. The last couple of years haven’t been easy, but we’ve still managed to reach new levels of success, such as acquiring two more companies this year. It takes the collective efforts, dedication and creativity of every Onit team member to drive our unprecedented growth in order to achieve this ranking on the HBJ Fast 100 and Innovation list.”

The 2021 Fast 100 List is ranked by revenue growth from 2018 to 2020. This year’s No. 1 company reported 4,475.29% growth during that period — last year, the same company reported 8,248.19% growth from 2017 to 2019. In order to qualify for the Fast 100, companies on The List must meet the following criteria: be headquartered in the Houston area, be for-profit and privately held, have been in operation for at least five full fiscal years and have earned at least $1 million in revenue in the latest fiscal year. Information for The List was obtained from questionnaires completed by company representatives and HBJ research.

About Onit

Onit is a global leader of workflow and artificial intelligence platforms and solutions for legal, compliance, sales, IT, HR and finance departments. With Onit, companies can transform best practices into smarter workflows, better processes and operational efficiencies. With a focus on enterprise legal management, matter management, spend management, contract lifecycle management and legal holds, the company operates globally and helps transform the way Fortune 500 companies and billion-dollar corporate legal departments bridge the gap between systems of record and systems of engagement. Onit helps customers find gains in efficiency, reduce costs and automate transactions faster. For more information, visit onitprostg.wpengine.com or call 1-800-281-1330.