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Onit, Equinix and Archer Daniels Midland to Present at ACC Legal Operations Conference

WHAT: ACC Legal Operations Conference 2017
WHEN: Monday June 5, 2:30 – 3:30 p.m.
WHERE: Chicago (Rosemont)
SESSION: A Better Way to Run Legal Operations: The Enterprise Legal Management Paradigm Shift is Now (Session 601)
SPEAKERS:
  • Julie Lee, Director of Legal Operations, Equinix
  • David Cambria, Global Director of Operations – Law, Compliance and Government Relations, Archer Daniels Midland
  • Matt DenOuden, Vice President of Global Sales, Onit

For nearly two decades, enterprise legal management (ELM) has focused on matter management and spend management. It’s fair to say that effective ELM platforms were, and still are, good at what they do best – only matter and spend management.

There has been a distinct paradigm shift and evolutionary branching off from those older ELM systems. Today, the most effective ELM platforms facilitate engagement, are focused on “process,” offer an environment where the user experience is crucial and can be augmented to manage other legal processes. Today’s definition of ELM includes all of the following tasks — contract management, legal service requests, NDAs, and legal holds (to name a few).

This session will highlight how innovative legal departments have acknowledged the evolutionary ELM paradigm shift and have implemented solutions to get ahead of the curve.

  • The importance of process, workflow, and collaboration
  • How a business automation tool solves needs beyond e-billing and matter management
  • Key benchmarks and metrics that drive innovation and transformation in legal operations

About Onit

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 2011, Onit deploys Onit Apps to simplify business process automation and improve business productivity across all departments and industries. 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 onitprostg.wpengine.com or contact 1-800-281-1330.

Onit Plays Strategic Hardball with New Heavyweight Executive Team

HOUSTON, May 26, 2017 (GLOBE NEWSWIRE) — Onit, Inc., a leading provider of Enterprise Legal Management (ELM) solutions, today announced the appointment of Joe Kazemieh as Vice President of ELM Sales, EMEA. In addition, Chris Driver was promoted to Vice President of ELM Sales (Central Region). Both will be reporting to Matt DenOuden, the Vice President of Global Sales. Onit’s executive management team now includes dynamic thought leaders from all the major legal e-billing and matter management companies. These strategic moves provide Onit with an industry leading management expertise unsurpassed in its history to drive growth.

“We are elated to be bringing Joe on board at Onit,” said Eric M. Elfman, CEO and founder of Onit. “His addition to the team rounds out our deep expertise in the legal e-billing and matter management space. He will help lead our effort to not only sustain, but surpass our already significant growth momentum. Joe brings a wealth of experience to Fortune Global legal departments and has a proven track record of successfully building groups of thought-leading clients. Joe will be a highly valued and strategic player in our company’s success.”

With more than two decades of experience focused on optimizing legal and risk departments and changing the way law departments and law firms work together more efficiently, Joe Kazemieh will work with European corporate legal department clients to optimize service delivery and develop strategies that define the value of legal services within the corporation.

Prior to joining Onit, Joe was the executive vice president of sales for a major legal services management and technology corporation, where he spearheaded the firm’s new products and initiatives focused on changing how general counsel and corporate legal departments think about legal spend management software. Before that he was regional director of sales at a global enterprise legal management firm.

Joe has a strong penchant for standardization, metrics, analytics and efficiencies, and has led innovation in the business of law for more than two decades. His experience includes executive business development leadership positions at organizations offering ELM solutions to leading law departments globally and helping technology companies evolve their products and grow their business. He frequently speaks on the business of law, risk department optimization, data analysis and reporting and legal technology.

Joe holds a bachelor’s degree with honors in electronic engineering from the University of London.

Onit also recently promoted Chris Driver to Vice President of ELM, Sales (Central Region). In this new role he will be responsible for establishing and growing corporate client relationships to insure client satisfaction through assisting in improving and expanding the use and value of Onit’s products and services. Prior to joining Onit, Chris was a manager of strategic accounts at Datacert. Chris is a graduate of Texas A&M University. He has worked in the ELM market for more than a dozen years.

The new management team includes:

  • Eric M. Elfman, co-founder of Onit and Datacert
  • Eric Smith, co-founder of Onit and Datacert
  • York Richards, CFO
  • Matt DenOuden, VP, Global Sales (formerly with TyMetrix)
  • Chris Driver, VP, ELM, Sales (Central Region) (formerly with Datacert)
  • Cole Morgan, VP, ELM Solutions (formerly with Datacert)
  • Joe Kazemieh, VP, ELM, Sales (EMEA) (formerly with Quovant, ELM Solutions and Mitratech)
  • Jill Black, VP, Marketing (formerly with Datacert)
  • John Gilman, VP, Products (formerly with Datacert)
  • Bernie Barcio, VP, Development (formerly with Datacert)
  • Brian Hauf, VP, Customer Success

About Onit

Onit is the leading provider of Enterprise Legal Management (ELM) solutions for the 21st century. Brought to you by the same team that created Spend Management a generation ago, Onit is transforming the way legal departments drive operational and process improvements. By focusing on process, Onit Apps help customers drive tremendous gains in efficiency, accelerate transaction velocity and reduce costs. For more information, visit onitprostg.wpengine.com or contact 1-800-281-1330.

Onit Announces Strategic Partnership with iManage

CHICAGO, May 24, 2017 (GLOBE NEWSWIRE) — Onit, Inc., a leading provider of Enterprise Legal Management solutions, today announced a strategic partnership with iManage, the leading provider of Work Product management solutions for legal, accounting and financial services firms and the corporate departments they serve. Onit will showcase the integration at iManage ConnectLive Chicago, May 24-25 where the company will sponsor and exhibit.

Corporate lawyers spend a large percentage of their time working on matter documents and emails. They are under intense pressure to meet escalating client demands for responsiveness, productivity, and security. By joining forces with iManage, legal departments can now serve their clients more effectively by improving productivity and workflow using best of breed solutions for enterprise legal management and document and email management. This technical integration is currently available.

The Onit/iManage integration allows users to store documents in iManage Cloud and access them in Onit solutions such as Contract Management, Matter Management, Legal Service Request and all other Onit solutions. This bi-directional feed lets business and knowledge workers access documents and emails in iManage Cloud using a single log-in. Users within Onit are now linked directly to a workspace within iManage and have a user experience that mirrors the experience similar to directly logging into iManage.

“Onit is enthusiastic about this strategic partnership,” says Eric M. Elfman, founder and CEO, Onit. “The partnership coalesces together industry-leading billing and matter management with document and email management solutions. Today’s legal departments are often inundated and sometimes overwhelmed with the myriad of issues that arise daily. iManage helps these organizations improve productivity and governance through the creation, sharing, and security of their work. Going forward, we anticipate and welcome even greater outcomes from our partnership with iManage.”

“We are very excited to announce this strategic partnership with Onit and the availability of the integrated solution that helps corporate legal teams better serve their clients,” stated Sandeep Joshi, VP of Business Development, iManage. “iManage offers secure collaboration, records management, knowledge management and governance products – work product management – to help make corporate legal departments more productive and manage risk. Together with Onit, we have a partner that can help drive process improvements for the legal industry.”

About Onit

Onit is the leading provider of Enterprise Legal Management (ELM) solutions for the 21st century. Brought to you by the same team that created Spend Management a generation ago, Onit is transforming the way legal departments drive operational and process improvements.By focusing on process, Onit Apps help customers drive tremendous gains in efficiency, accelerate transaction velocity and reduce costs. For more information, visit onitprostg.wpengine.com or contact 1-800-281-1330.

Onit to Exhibit at iManage ConnectLive 2017 in Chicago

WHAT: iManage ConnectLive 2017
WHEN: May 24 – May 25
WHERE: The Marriot Magnificent Mile, Chicago
ABOUT:

The iManage ConnectLive 2017 user conference is all about creating connections. Between customers and partners. Between those that are working with advanced technology – using it every day in the service of their clients – and others that are still searching for solutions to important issues in their businesses.

Across four days and two continents, iManage will bring together CIOs and IT professionals, attorneys, legal administrators and more. We’ll welcome them to ConnectLive in Chicago and London. We’ll share the latest technology advancements and celebrate our successes and work together.

About Onit

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 2011, Onit deploys Onit Apps to simplify business process automation and improve business productivity across all departments and industries. 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 onitprostg.wpengine.com or contact 1-800-281-1330.

Onit and PayPal to Present at CLOC Corporate Legal Operations Institute

WHAT: Corporate Legal Operations Consortium Institute 2017
WHEN: Tuesday May 9, 3:15 – 4:15 P.M.
WHERE: Bellagio Hotel in Las Vegas (Grand Ballroom 1)
SESSION: Next Generation Enterprise Legal Management (ELM): People. Process. Automation.
SPEAKERS:
  • Lauren Giammona, Director of Operations, Business Affairs & Legal, PayPal
  • Eric M. Elfman, CEO and Founder, Onit
ABOUT: PayPal and Onit will discuss how legal departments can provide “continuous” value to the company, drive operational improvements and allow employees to work in the systems they prefer. The session will highlight:

  • The importance of process, workflow, and collaboration
  • How a business automation tool solves needs beyond e-billing and matter management
  • Key benchmarks and metrics that drive innovation and transformation in legal operations

About Onit

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 2011, Onit deploys Onit Apps to simplify business process automation and improve business productivity across all departments and industries. 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 onitprostg.wpengine.com or contact 1-800-281-1330.

Onit Appoints New CFO to Take Company Through Next Phase of Growth

HOUSTON, April 21, 2017 (GLOBE NEWSWIRE) — Onit, Inc., a leading provider of Enterprise Legal Management solutions, today announced that it appointed York Richards as Chief Financial Officer (CFO).

York brings a wealth of software industry finance and accounting experience to Onit and his background will be instrumental in the company’s growth. York is a seasoned executive with extensive experience managing finance organizations for high-growth companies, most recently serving as CFO at Riversand Technologies, Inc. where he was responsible for overall financial operations and reporting.

“York’s dynamic background in software finance and accounting impressed me from the beginning. His breadth of experience in partnering with other executives to achieve aggressive growth, balanced with fiscal discipline reinforced my decision that he was the right executive leader to join the team,” said Eric Elfman, CEO and founder of Onit. “York brings remarkable skills to our finance and accounting team and will be instrumental in providing the finance vision, strategy and leadership to help the company get to the next level. With York at the finance helm, I’m confident we’ll be well positioned to meet our growth goals moving forward.”

As CFO at Onit, York will be responsible for ensuring the finance organization can enable the company to drive growth, capitalizing on the accelerating demand for software solutions that drive greater efficiency and process automation across a spectrum of global businesses.

York comes to Onit with more than 15 years of finance and operations experience and has held CFO positions at several privately held companies in the Internet and technology industries. During his career, he has built large, multi-national finance organizations, completed many strategic acquisitions and divestitures, raised capital in debt and equity markets and managed multiple shareholder exits.

His background includes serving as the CFO of Idera Inc., where he designed and implemented back office operations including accounting, finance, tax, human resources, legal, IT and maintenance renewals. In addition, York managed the development and execution of the Sarbanes-Oxley compliance program for BMC Software. During his career, he held a number of senior financial positions and served as director of finance of NetIQ Corporation, controller at PentaSafe Security Technologies and senior auditor of Price Waterhouse Coopers.

York holds a master’s degree in science and a bachelor’s degree in business administration from Texas A&M University.

Onit’s bookings and revenues each grew by more than 75 percent in 2016. The company also closed an $8.25 million round of funding, led by Level Equity, a technology-focused growth equity firm, to help propel Onit’s next phase of growth. Participation from previous and new investors including Austin Ventures, The Texas Halo Fund and angel investors were also part of this round.

About Onit

Onit is the leading provider of Enterprise Legal Management (ELM) solutions for the 21st century. Brought to you by the same team that created Spend Management a generation ago, Onit is transforming the way legal departments drive operational and process improvements. By focusing on process, Onit Apps help customers drive tremendous gains in efficiency, accelerate transaction velocity and reduce costs. For more information, visit onitprostg.wpengine.com or contact 1-800-281-1330.

Onit Achieves Momentous 2016 Milestones in its Pursuit of Revenue Acceleration, Strategic Growth and New Client Wins

NEW YORK AND HOUSTON, Jan. 31, 2017 (GLOBE NEWSWIRE) — Onit, Inc. a leading provider of Enterprise Legal Management (ELM), contract management and business process automation solutions, today announced that it has achieved significant milestones in 2016 validating the company’s strategic growth plans and corporate vision further setting the stage for continued success in 2017. These milestones include new capital funding, notable client wins, strategic management hires and prestigious awards and nominations.

“2016 was an impressive year for Onit; our milestone achievements far exceeded our original expectations,” said Eric M. Elfman, CEO and founder of Onit. “Our team’s innovation, drive and dedication to our clients were critical to our growth and success in 2016. Last year’s funding and appointment of key management hires validates our commitment to client-driven innovation and client success,” added Elfman.

Key 2016 Milestones

  • Raised $8.25 million, led by a New York growth equity firm, to fuel its expansion
  • Bookings grew 78% and revenues 75% compared to 2015, significantly exceeding planned growth
  • Pipeline growth of 177%, nearly tripling compared to 2015
  • Client base grew to more than 80 in 2016, an increase of 46% compared to 2015, 32 of which are Fortune 500 companies

Management Team

Onit’s commitment to thought leadership and legal domain expertise was a contributing factor to its aggressive growth with the hiring of two key management positions in 2016. Matt DenOuden joined Onit as the vice president of global sales with nearly 30 years of industry experience and was a seasoned leader at TyMetrix (now part of Wolters Kluwer) for nearly 13 years. He has been on the front lines of the Enterprise Legal Management (ELM) revolution for decades.

Cole Morgan was appointed Vice President of Enterprise Legal Management (ELM) in 2016. With more than 20 years of management experience in the legal technology and legal operations sectors, Cole works with corporate legal department clients to help develop strategies that define the value of legal services within the corporation.

Awards and Nominations

Onit was recognized by various software, legal industry and financial publications and organizations for its innovation, thought leadership and entrepreneurship in 2016. This commitment to its unsurpassed technological excellence and user experience has garnered the company several distinctions in 2016:

  • Ranked #387 on Inc. 500’s Fastest-Growing Private Companies List with three-year revenue growth of 990%
  • Recognized in Gartner’s Market Guide for Enterprise Legal Management Solutions
  • Ranked fifth on the Inc. 5000’s Houston’s Top 10 Fastest Growing Businesses of 2016
  • Ranked #2 on the Houston Business JournalHouston Fast Tech list of 2016
  • Won the Enterprise Champion Award and ranked #8 on the Houston Business Journal Fast 100
  • Nominated by Corporate Counsel Magazine as one of the Best Matter Management Vendors of 2016
  • Recognized by Capterra as a Top 20 Contract Management vendor for four consecutive years

About Onit

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. 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 onitprostg.wpengine.com or contact 1-800-281-1330.

Onit to Host Discussion on Enterprise Legal Management Paradigm Shift at 2017 Legaltech New York Conference

WHAT: 2017 Legaltech Conference New York
WHEN: Wednesday, February 1, 4:00-5:00 P.M. EST
WHERE: New York Hilton Midtown
1335 6th Ave, New York, NY
Americas Hall 2
SESSION: A Better Way to Run Legal Operations: The Enterprise Legal Management Paradigm Shift is Now
SPEAKERS:
  • Alysia A. Morris, Assistant Vice President Sr. Regulatory Doc & Vendor Mgmt Analyst, Allianz Global Investors U.S. Holdings LLC
  • David Cambria, Global Director of Operations – Law, Compliance and Government Relations, Archer Daniels Midland Company
  • Brian McGovern, SVP, Legal Chief Data Officer, AIG
  • Matt DenOuden, VP Sales (moderator), Onit
ABOUT: This session will highlight how innovative legal departments have acknowledged the evolutionary ELM paradigm shift, implemented solutions to get ahead of the curve and how to better carry out the law department mission in a more complex world.

About Onit

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 2011, Onit deploys Onit Apps to simplify business process automation and improve business productivity across all departments and industries. 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 onitprostg.wpengine.com or contact 1-800-281-1330.

 

Onit to Exhibit at 2016 InHouse Innovates SuperConference

WHAT: InHouse Innovates SuperConference
WHEN: November 15 – November 16, 2016
WHERE: W Chicago City Center
172 West Adams Street
Chicago, IL 60603
312-332-1200
ABOUT: Now in its 16th year, the Annual SuperConference is a legal conference that addresses the current legal issues facing today’s businesses and provides in-house counsel with real-world examples and usable take-aways from speakers and peers to help them do their jobs more efficiently and effectively. SuperConference has continuously offered the highest educational investment within a constructive learning and networking environment.  Network with hundreds of peers and legal service providers and hear strategies to tackle corporate legal issues that are top-of-mind concerns.

About Onit

Onit is the leading provider of Enterprise Legal Management (ELM) solutions for the 21st century. Brought to you by the same team that created spend management a generation ago, Onit is transforming the way legal departments drive operational and process improvements. By focusing on process, Onit’s solutions help customers drive tremendous gains in efficiency, accelerate transaction velocity and reduce costs. For more information, visit onitprostg.wpengine.com or contact 1-800-281-1330.

Onit to Participate in 28th Annual All Hands Meeting in Silicon Valley

WHAT: 28th Annual All Hands Meeting
WHEN: November 16 – November 17, 2016
WHERE: Santa Clara Convention Center
5001 Great America Pkwy.
Santa Clara, CA 95054
312-332-1200
ABOUT: The All Hands Meeting, Silicon Valley’s signature conference for in-house counsel and other professionals at technology and life science companies, is a unique and multifaceted annual event tailored to the special needs of in-house professionals whose companies rely upon intellectual property.

Scores of cutting-edge presentations address the spectrum of legal, regulatory and ethical issues this community faces on a daily basis.  Attendees can also browse exhibits about the latest products and services to increase their productivity and effectiveness.  And, as part of the largest gathering of its kind, attendees have abundant opportunities to meet and connect with similar professionals in a comfortable, enjoyable setting.

About Onit

Onit is the leading provider of Enterprise Legal Management (ELM) solutions for the 21st century. Brought to you by the same team that created spend management a generation ago, Onit is transforming the way legal departments drive operational and process improvements. By focusing on process, Onit’s solutions help customers drive tremendous gains in efficiency, accelerate transaction velocity and reduce costs. For more information, visit onitprostg.wpengine.com or contact 1-800-281-1330.