Posted on December 3, 2019 by Onit -
The demand for contract lifecycle management (CLM) solutions is rising across enterprises in the legal, public, healthcare, manufacturing, and financial services sectors. This growth comes as no surprise considering the tremendous value CLM solutions offer. According to the Association of Corporate Counsel (ACC), contract management tools can dramatically shorten cycle times; in billion-dollar companies, legal departments that employ contract management technology reduce their average contract cycle time by 33% (from 30 days to 20 days).
Read this white paper to better understand:
- The drivers behind the growth in demand for contract lifecycle management solutions
- The primary sources of business value from contract lifecycle management software
- What to look for in a contract lifecycle management solution to maximize value
Posted on August 17, 2018 by Onit -
When a powerful contract lifecycle management (CLM) tool is combined with a state-of-the-art legal document management platform, the whole becomes greater than the sum of its parts. Successful contract management is about more than just making life easier for Legal; it should also provide positive impact for all stakeholders in the contract management process – and as Legal becomes an even stronger player in the organization, it can drive even better results for the business through the combination of CLM and document management systems (DMS)
Posted on June 19, 2018 by Onit -
Technology has increasingly played a prominent role in how Legal achieves its objectives. Well-chosen technology solutions now drive efficiencies and control costs in the legal department — and legal operations managers who understand this are taking action.
But there’s more light at the end of the tunnel: when technology solution providers align with CLOC’s core competencies, the legal department’s success already has a running head start. This white paper highlights the transformation of legal operations and covers:
- CLOC’s 12 core competencies of legal operations
- Market trends and the future of the industry
- How technology is driving change
- Onit’s strategic alignment with CLOC
- How an innovative platform helps customers holistically solve their legal department needs
