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HOUSTON, August 13, 2020 – Onit, a leading provider of enterprise workflow solutions including enterprise legal management, contract lifecycle management and business process automation, today announced that it ranked #737 on the Inc. 5000 list of the nation’s fastest-growing private companies.

This is the fifth consecutive year the company has been named to the list, and this year also marks an advancement of 226 spots compared to 2019. Additionally, Onit secured a spot on the Inc. Private Titans list, which features 1,000 of the largest and most iconic private American companies. It also ranked #70 on the Inc. list of the 250 most inspiring companies in Texas.

“We’re honored to be included once more on the Inc. 5000. Awards such as this would not be possible without the dedication and hard work of our employees worldwide and our innovative customers who work with us each day to automate their legal and business processes,” said Eric M. Elfman, CEO and founder of Onit.

Onit has already earned several awards this year, including ranking #153 on the Financial Times list of 500 fastest-growing companies in the Americas and listings on the 2020 Houston Business Journal Fast 100 and Middle Market 50. The company was also named as a leader in IDC MarketScape Reports for Enterprise Legal Management and Matter Management.

The Inc. 5000 represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia and many other well-known names gained their first national exposure as honorees.

“The companies on this year’s Inc. 5000 come from nearly every realm of business,” said Inc. editor-in-chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”

Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500% and a median rate of 165%. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over one million jobs over the past three years.

The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region and other criteria, can be found at www.inc.com/inc5000.

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 – August 6, 2020 – Onit, Inc., a leading provider of enterprise workflow solutions including enterprise legal management, contract lifecycle management and business process automation, today announced the latest version of its workflow and business process automation platform Apptitude.

The no-code platform is highly configurable and scalable. Apptitude supports an unlimited number of solutions – from department-specific, such as legal spend management, legal holds and legal service requests, to shared solutions across departments including compliance, finance, human resources, risk management, IT, marketing, operations and procurement.

Serving the enterprise, the platform supports hundreds of thousands of users, millions of files and transactions and has a global reach. Close to 300 people have been certified in building Apps in Apptitude, and 5,500 production Apps have been built and deployed. Onit’s 2020 summer release of Apptitude includes an entirely new visual drag-and-drop workflow builder that allows customers to create workflows in a way that is easy for even nontechnical people to understand.

“COVID-19 will certainly be an inflection point in the global economy. This pandemic proves that all companies need a technology platform that can enable rapid change,” commented Eric M. Elfman, CEO and co-founder of Onit. “Although it is uncertain what the new normal will be in the legal ecosystem, we can safely say that efficiency, collaboration, workflow and automation are now more imperative than ever before. The latest version of our platform addresses these challenges, making it easier than ever to build workflows, automate critical business processes and connect and empower a global workforce.”

Introducing Apptitude Process Builder

Onit built the new version of Apptitude to bridge the gap between technical and business users and designed it to simplify the creation of new workflows. Apptitude’s new visual interface, Process Builder, allows all users to build and manage business logic and workflows using a drag-and-drop interface.

The complexity of solutions being built with Apptitude has grown significantly over the last 10 years. Builders who were initially tasked with addressing simple workflow problems are now solving vastly more complex enterprise-wide challenges, including risk management and compliance, where the Onit solutions compete with the best purpose-built compliance software. Building and managing business logic at this scale can be challenging for even the most advanced users. Process Builder makes it easier for customers and project managers to understand how applications work and create efficient workflows.

Process Builder provides a visual interface for building workflows. Builders configure business logic by dragging and dropping actions and groups of actions exactly where they need to go. Building new workflows is intuitive and only takes minutes for experienced builders to learn. Most important, Process Builder works with existing Apptitude configurations, and no migration or changes are required to get started. The new release also makes it easy to “show your work” to other stakeholders in an agile build process so that internal customers can quickly and easily give their input. This helps shorten the time to value in Onit implementations, which often take weeks – not months.

“One of our primary goals with this summer release is to support our community of App builders and accelerate new workflow creation and execution across the enterprise,” explained John Gilman, vice president of product strategy at Onit. “Using the new visual drag-and-drop workflow builder, technical and business analysts are empowered to build Apps faster and more efficiently, enabling better connections and collaboration with key stakeholders and knowledge workers. The reaction I got from customers is that Process Builder is a game-changer. The App builder can instantly visualize the process, and the sponsor can demonstrate in real-time the work of the project team to internal stakeholders.”

The new version of Apptitude is generally available and delivers:

• 200+ Out-of-the-Box Workflow Actions: 200+ prebuilt workflow actions to easily and quickly create automated workflows, routines and integrations of all kinds
• Visual Drag-and-Drop Workflow Builder: An intuitive visual interface for building and managing workflows and business logic that creates a visualization of the workflow before it’s even finished
• No-Code Configuration: Prebuilt actions include base codes that require no code to configure into workflows and solutions.
• Unlimited User Licensing: An unlimited number of users across numerous departments, verticals and geographies can access and collaborate within Onit.
• Event-Driven Actions: The ability to customize event-driven actions that automate workflow processes
• Highly Relational: Support for complex workflows and solutions with highly relational functionality that enables both parent/child and sibling relationships

The Power of the Platform

With a new Apptitude version release every month, legal and business teams can benefit from the latest technology innovations and best practices and stay up to date with industry trends and compliance regulations. Designed from the ground up to be a comprehensive, scalable and agile platform, it has unlimited potential for growth. Whether a legal department is looking to automate one process or 20, it can configure and deploy what is needed when it is required. It’s easy to enhance existing solutions and add new departments as needs change and a company evolves. Apptitude scales to support thousands of users and millions of documents, meaning companies will not outgrow the Apptitude platform.

The Onit Advantage – Onit Nation

The latest version of Apptitude has best practices from 400+ global companies that have built workflow solutions for more than a decade. Customers, employees and Onit’s technology and consulting partners have configured more than 5,500 Apps, comprised of 160 bespoke legal-focused workflow solutions with deployment in 120 countries. Onit has certified nearly 300 employees, partners and customers in more than 80 training sessions with 686 certification levels granted. The Onit implementation team, coupled with its partner network, brings decades of unmatched industry expertise to the creation, implementation and support of your solutions.

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 – August 5, 2020 – Onit, Inc., a leading provider of enterprise workflow solutions, including enterprise legal management, contract lifecycle management and business process automation, today announced it has been named a leader in two IDC MarketScape Reports: IDC MarketScape: Worldwide Enterprise Legal Spend Management 2020 Vendor Assessment (Doc #US45943920, July 2020) and IDC MarketScape: Worldwide Enterprise Matter Management 2020 Vendor Assessment (Doc #US45943820, July 2020).

“We are honored to be named a leader in enterprise legal management and matter management solutions,” commented Eric M. Elfman, CEO and co-founder of Onit. “At Onit, we believe in better workflows. We create workflow-focused systems of engagement that empower collaboration, efficiency and meaningful business results for our customers worldwide. Combined with our flexibly and easily configurable Apptitude platform, corporate legal departments have an unlimited potential for legal operations transformation.”

Onit’s Enterprise Legal Management Solution allows in-house counsel and legal professionals to manage the entirety of legal department operations, from alternative fee arrangements to legal process outsourcing to legal service requests.

Onit’s Matter Management combines powerful collaboration and workflow capabilities to deliver a highly configurable product that can solve the unique needs of the most innovative legal departments.

Visit here to request a demonstration.

The naming as a leader in the IDC MarketScape reports follows a busy period for the company. In 2019, Onit received a $200 million investment from K1 Investment Management to accelerate global growth, announced the acquisition of SimpleLegal and had three-year annual recurring revenue growth of 640%. To date in 2020, the company has launched its new Contract Lifecycle Management Quick Start Implementation package and offered free COVID-19-related workflow solutions. It also kicked off its remote series of master classes for the U.S. and Europe titled Lean into Legal Ops. The program connects corporate counsel, legal operations professionals and industry innovators to share knowledge.

About IDC MarketScape

IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.

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, July 22, 2020 – Onit, Inc., a leading provider of enterprise workflow solutions, including enterprise legal management, contract lifecycle management and business process automation, and Morae Global Corporation, a leading provider of transformative legal and compliance solutions for corporations and law firms, today jointly congratulated Pearson PLC for winning an Association of Corporate Counsel (ACC) 2020 Value Champion award.

The global learning company created a transformational shared service center to support commercial transactions worldwide for more than 10,000 users. Powered by an integrated solution from Morae and Onit, Pearson achieved a 35% cost reduction and 30% improved contract turnaround time.

New Way of Delivering Legal Services

Pearson selected Morae to assist in developing, implementing and operating an innovative, highly efficient Transaction Service Center as an extension of Pearson’s legal team in support of the company’s businesses worldwide. This included the creation of playbooks, templates, workflows and standardized processes from intake on through drafting, redlining, negotiating, execution and post-execution support, as well as leading training and change management processes.

Empowering Technology

For the integration of technology, Morae partnered with Onit to deploy the Onit Apptitude platform that included a web-based “legal front door” for incoming service requests and a contract lifecycle management system for end-to-end processing of contracts. With Onit’s technology, Pearson gained a platform to drive automation, greater standardization, ease of access to information and increased process transparency. A legal operations dashboard view enabled improved executive management of projects, resources and costs.

Transformational Results

“The transformation of the Pearson legal department began with an unprecedented operational challenge in 2017 to greatly improve efficiency and reduce costs for our global team, and do so without decreasing the quality of service or increasing risk,” said Bob Mignanelli, senior vice president, chief operating officer, legal, and associate general counsel for technology, strategy and operations for Pearson plc. “Morae has been with us every step of the way in the development and deployment of our Transaction Services Center. Together with Onit, whose technology has been instrumental in our success, both have been fantastic partners who understand how to truly collaborate with one another and our team to deliver exceptional transformational value.”

On-Demand Webinar

As part of Onit’s Lean Into LegalOps series, Mignanelli recently joined Joy Saphla, president, strategic solutions, at Morae Global Corporation, and Matt DenOuden, vice president of global sales at Onit, for an educational webinar titled “Transforming Legal Service Delivery and Enabling Self-Service at Pearson.” The webinar, now available for listening on-demand, showcases why and how the Pearson legal department redefined itself and how it now supports and executes contract work.

About ACC Value Champions

The ACC Value Champions program showcases innovative law departments that embrace creative, data-driven solutions to streamline operations. Other 2020 corporate legal department winners included VMware, Whirlpool and 7-Eleven.

About Morae Global Corporation

Morae Global Corporation provides comprehensive legal and compliance solutions to law departments, compliance teams and law firms. Morae’s team of experts is comprised of some of the most seasoned and knowledgeable professionals in the legal industry who are trusted to transform legal ecosystems worldwide. Core service lines include information governance and discovery, advisory and alternative legal resourcing, and digital transformation solutions. Morae has offices around the world, including in Abu Dhabi, Bangalore, Chicago, Frankfurt, Hong Kong, Houston, London, Maastricht, New York, Sydney, Washington, D.C., and Zurich. For more information, visit moraeglobal.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.

HOUSTON – July 14, 2020 – Onit, Inc., a leading provider of enterprise workflow solutions, including enterprise legal management, contract lifecycle management and business process automation, today announced the addition of Amazon Web Services to its infrastructure. With this adoption, Onit will empower its clients with maximum performance, infinite scalability and on-demand availability worldwide.

AWS has become the world’s most comprehensive and broadly adopted cloud platform over the last 14 years. According to the Gartner Magic Quadrant for Cloud Infrastructure as a Service, Worldwide, it secured the top-right corner of the leader’s quadrant for the ninth consecutive year for the ability to execute and completeness of vision and is an enterprise-ready provider with a strong track record of customer success.

“The cloud has consistently been the leading driver for innovation and digital transformation throughout the world, enabling businesses to grow and operate at unprecedented levels. Onit is committed to staying at the forefront of innovation for our company and clients, and the adoption of AWS underscores this priority,” commented Chris Fields, Onit chief technology officer.

The elastic computing AWS architecture allows Onit and its clients to scale effortlessly, globally and on-demand. Corporate legal departments frequently have an increase in transactions due to quarterly close-outs or significant corporate legal work volume that can drive periodic upsurges. Onit can spin up new servers and computing power at a moment’s notice and automatically and instantaneously provision computing power during times of high demand. If usage dips, Onit’s computing power scales down automatically to maintain efficiency.

The new architecture will easily align with Onit clients’ business needs worldwide, regardless of size or capacity. Clients will have the industry’s best reliability, since AWS has been designed with fault tolerance and high availability as core objectives. With compliance a central concern for both Onit and its clients, Onit on the AWS infrastructure will uphold the highest levels of security, data protection and compliance with SSAE 18 SOC 2 Type 2, SSAE 18 SOC 1 Type 2, HIPAA and the EU-US Privacy Shield.

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

Technologies available to legal departments are endless. How can general counsel and legal operations leaders sort through the noise and formulate a cohesive, long-term strategy to achieve the right balance of people, process, and technology? Join us to hear how McDonald’s Corporation has done just that to achieve a significant transformation of its global legal operations. Curtis Batterton, Legal Operations & Global Technology Manager at McDonald’s, will present an exclusive case study.

You’ll also learn how to:

• Assess your current state, gaps, and goals
• Develop a long-term vision for your technology portfolio and resourcing model
• Implement a platform and solution strategy aligned with the needs of the business
• Roll out document management internationally
• Manage change and driving user adoption

To register, fill out the form on this page.

London, 30 June 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 has extended the membership and educational opportunities of its virtual learning program – Onit Lean into LegalOps – to the Europe in-house legal community.

Onit began the virtual learning and networking program in response to the global pandemic. Its purpose is to keep Onit customers and peers within the legal community connected. Members of Lean into LegalOps Europe will have access to exclusive content and educational materials, receive invitations to virtual discussions featuring Onit customers and partners, and be included in a bi-weekly, peer-to-peer discussion group for European members only. To join the group, apply here. There is no cost to join.

“While this initiative successfully launched in the U.S., it was important for us to create a separate, collaborative environment that connects peers within the European in-house legal community. The collective experience from these professionals, coupled with thought-provoking webinars and informal discussions, will provide insight on how to navigate the unique operational, regulatory, and technology challenges found here,” said Robert Johnson, managing director of Onit’s London office.

Webinar: How BT Optimises Resources Inside & Outside the Legal Department

Onit kicked off Lean into LegalOps Europe with a virtual webinar featuring David Griffin, head of legal & governance systems and change of BT, Silvia Hodges-Silverstein, CEO of Buying Legal Council, and Robert Johnson, managing director with Onit. In the webinar, now available for replay, they shared their experiences around purchasing legal services and designing legal operations to optimise efficiency and strategic decision-making. Griffin also discussed how BT is creating the ultimate lean legal department with automated legal service requests and reporting tools to align legal with procurement best practices in managing outside counsel. To listen to the webinar, visit here.

Learn more about Onit Lean into LegalOps Europe here.

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 FTSE 250 companies and multi-million-pound 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 +44 20 3744 5643.