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HOUSTON – October 19, 2020 – Onit, Inc., a leading provider of enterprise workflow solutions, including enterprise legal management, contract lifecycle management and business process automation, today launched OnitCX. The proactive and collaborative program is led by Paige Edwards, Onit’s newly appointed director of customer experience, and David Sankar, Onit’s managing director of customer success. The OnitCX program focuses on ensuring customer success, capturing customer influence for product strategy and fostering connections within the legal operations community.

“The core of OnitCX is simple: Customer success is our success. It’s a belief deeply integrated into the culture of Onit since the day we opened our doors. We go beyond product implementation to understand corporate legal departments’ vision and goals. Ultimately, we work hard to help them improve processes, create smarter operations and build better businesses,” said Eric M. Elfman, CEO and co-founder of Onit.

Onit Customer Success

Corporate legal departments have won numerous industry awards for their vision and implementation of Onit technologies, including the Association of Corporate Counsel (ACC) Value Champions Awards, the Transatlantic Legal Awards and Buying Legal Council Legal Procurement Awards. Most recently, Pearson PLC, a global learning company, won the ACC Value Champions Award and two other industry awards for its shared service center powered by Onit Contract Lifecycle Management. The system supported more than 10,000 users worldwide and resulted in a 30% improved contract turnaround time.

OnitCX

OnitCX strengthens the company’s commitment to customer success through a structured program of collaboration, communication and connections. Onit created each program component to invite and address customer feedback. Each Onit customer is paired with OnitCX advocates who help the customer excel during all phases of their Onit experience from implementations, go-lives, maintenance, new projects and beyond. In addition to the OnitCX customer advocates that include account managers and customer success managers, the program offers customers a dedicated platform to contribute to product development, including regular customer roundtables with Onit executives, product steering committees, customer advisory boards and beta testing groups.

Through the OnitCX network of customers and exclusive customer events, legal operations professionals can quickly connect and share best practices on everything from technology to enterprisewide collaboration to privacy regulations. OnitCX also regularly hosts small group customer meetings around topics such as EMEA business challenges, workflows and internationalization.

Customers are encouraged to contact their Onit account manager to learn more about OnitCX.

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.

About the Session:

In this case study by Mylan, you will hear from a leading global legal operations voice and her team about their approach to identifying and collecting the right data and creating reports that are meaningful to different audiences across the organization.

To register, fill out the form on this page.

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

HOUSTON, October 6, 2020 – Onit, Inc., a leading provider of enterprise workflow solutions, including enterprise legal management, contract lifecycle management and business process automation, today announced that the Houston Business Journal ranked the company number nine on its 2020 Fast 100 list and number three on the publication’s inaugural Middle Market 50 awards. Both awards recognize the fastest-growing private companies in the city.

This is the fourth year the company has claimed a spot on the Houston Business Journal Fast 100 list.

“These awards serve as evidence that our dedication to product excellence and customer success resonates in the legal market and beyond,” commented Eric M. Elfman, CEO and founder of Onit. “It is truly an honor to earn this recognition from the Houston Business Journal and a tribute to everyone’s perseverance and hard work here – especially during these challenging times.”

The 2020 Fast 100 list is ranked by revenue growth from 2017 to 2019. Companies must headquarter in the Houston area, be for-profit and privately held, have operations for five or more full fiscal years and earn at least $1 million in revenue in the latest fiscal year to qualify.

To qualify for the Middle Market 50, companies must earn between $28 million and $1 billion in revenue for their most recent, completed fiscal year. Winners are ranked by percentage of revenue growth for that year.

2020 Awards for Onit

This year, Onit has won more than 10 awards – many of them linked to the company’s cumulative growth and increased revenue over the past three to five years. Inc. included Onit on its Inc. 5000 (#737) and 250 Fastest-Growing Companies in Texas (#70) as well as its Private Titans list, which names the 1,000 largest iconic private companies in the United States. The Financial Times placed Onit as #153 on its 500 Fastest-Growing Companies in the Americas award, and Growjo ranked it #16 on its 10K Fastest-Growing Companies in Texas.

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.

HOUSTON, September 29, 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 was mentioned as a Representative Vendor in the Gartner 2020 Market Guide for Corporate Legal Spend Management and E-Billing and the Market Guide for Corporate Legal Matter Management (Garter subscription required).

According to Gartner, “The legal matter management market consists of vendors offering technologies to in-house legal departments to facilitate, coordinate and track the delivery of legal tasks and services to the business.”(1) Gartner also mentions, “The corporate legal spend management and e-billing market consists of vendors offering technologies to in-house legal departments that accept and process electronic invoice data from third parties. These vendors help to streamline the handling of corporate legal expenses, automating adherence to agreed fee protocols and internal budgets and providing insights on spending trends and legal service provider costs and performance.”(2)

“We believe this recognition in the Gartner Market Guides is an excellent validation that corporate legal departments appreciate our innovation and commitment to their success. Every day, legal operations professionals rely on Onit to streamline and automate processes across the enterprise, cultivate efficiency and control costs,” said Eric M. Elfman, co-founder and CEO of Onit.

Onit has grown assertively as corporate legal departments continue to purchase and implement its business workflow and business process automation platform and software. This year to date, the company has:

• Released the latest version of its workflow and business process automation platform Onit Apptitude
• Published an Onit Solutions Catalog representing more than 5,500 Apps and 130 solutions built on Onit Apptitude and used by hundreds of thousands of worldwide users
• Launched a successful Contract Lifecycle Management Quick Start Implementation package
• Kicked off its fall series of master classes for legal operations professionals in the U.S. and Europe titled Lean into Legal Ops
• Announced a three-year revenue growth of 640%

In 2019, Onit received a $200 million investment from K1 Investment Management to accelerate global growth and announced the acquisition of SimpleLegal, a modern legal operations management platform that streamlines how corporate legal departments manage their matters, track and interpret spend and collaborate with vendors and law firms.

(1) Gartner “Market Guide for Corporate Legal Matter Management,” Jim Murphy, Nikos Drakos, 6 August 2020

(2) Gartner “Market Guide for Corporate Legal Spend Management and E-Billing,” Nikos Drakos, Jim Murphy, 6 August 2020

Disclaimer: Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s Research & Advisory organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

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.

About the Session:

Operating efficiently and reducing spending are a top priority for legal teams at the moment. This discussion at The Lawyer GC Strategy Summit will focus on approaches legal departments should take to leverage technology in order to drive savings apart from just reducing outside counsel spend. The speaker panel will specifically address how to put automation in place to empower your legal team to better serve and collaborate with the business.

To request a commentary conference pass to attend, fill out the form on this page.

**Please note, you must be a GC, AGC or Director level in-house legal professional to attend this conference**

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.

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://www.onit.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.