Wesfarmers Increases Speed and Consistency with Onit’s ReviewAI
Challenge
Wesfarmers, one of Australia’s largest and most diversified companies, faced mounting pressure to process an ever-growing volume of SaaS contracts. The legal team, led by Sheldon Renkema—General Manager of Business Development (and former General Manager, Legal Corporate)—had tested several AI-enabled solutions over four years but consistently found them lacking in real-world performance. The team needed a contract review solution that delivered on its promise: improving contract speed and consistency without disrupting existing workflows.
Solution
Wesfarmers selected ReviewAI from Onit’s AI-native platform following a trusted law firm’s recommendation. The solution stood out for its ease of implementation, intuitive design, and seamless Word integration. With ReviewAI, Wesfarmers was able to:
Accelerate review of high-volume SaaS agreements without sacrificing accuracy.
Standardize contract review across departments, improving consistency even among less experienced legal staff.
Leverage a Microsoft Word plugin that keeps legal workflows familiar and efficient.
Streamline internal contract playbooks into AI-guided review processes.
Avoid implementation surprises with responsive support and on-time delivery from the Onit team.
Results & ROI
Since deploying ReviewAI, Wesfarmers has significantly enhanced both the speed and quality of its legal contract processes:
Achieved faster turnaround times
Achieved faster turnaround times on SaaS contracts, reducing bottlenecks and enabling quicker execution
Improved contract consistency
Improved contract consistency across legal team members, regardless of domain expertise
Boosted user adoption
Boosted user adoption with intuitive tools that integrate directly into existing workflows
Strengthened internal confidence
Strengthened internal confidence in AI-based review, driving expansion into additional contract types
Delivered a strong ROI
Delivered a strong ROI with transparent pricing and a solution that “sells itself,” according to Renkema
What’s Next
Following success with SaaS agreements, Wesfarmers plans to expand ReviewAI usage to other high-frequency agreements, including NDAs, service agreements, and consulting contracts. The focus remains on speed, consistency, and making legal review easier for every stakeholder involved.
About Wesfarmers
Wesfarmers is a leading Australian conglomerate with over 107,000 employees and a market capitalization of $66 billion. Its portfolio spans retail, industrial, and resources sectors, including well-known brands such as Bunnings, Kmart, Target Australia, and Officeworks. Wesfarmers is committed to operational excellence and innovation across its business units.
Our Customers
What our customers say
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Overview of Onit’s ReviewAI
Onit’s ReviewAI is a cutting-edge solution designed to streamline the contract review process for legal teams. By leveraging advanced artificial intelligence, it automates the analysis of contracts, allowing legal professionals to focus on strategic decision-making rather than manual reviews.
This innovative tool not only enhances efficiency but also ensures consistency across contract evaluations. With features like real-time collaboration and integration into existing workflows, ReviewAI empowers organizations like Wesfarmers to manage their legal operations effectively and adapt to the increasing demand for rapid contract processing.
Key Features of ReviewAI
ReviewAI boasts several key features that set it apart in the legal technology landscape. These include automated contract analysis, risk identification, and customizable workflows that cater to the specific needs of legal teams. Each feature is designed to enhance the user experience and improve overall contract management efficiency.
Moreover, the platform's intuitive interface encourages user adoption, making it easier for legal professionals to integrate AI into their daily operations. By simplifying complex processes, ReviewAI helps organizations mitigate risks and streamline their contract lifecycle management.
Impact on Legal Operations
The implementation of Onit’s ReviewAI has had a transformative impact on legal operations at Wesfarmers. By reducing the time spent on contract reviews, the legal team can now allocate resources to more strategic initiatives, ultimately enhancing overall productivity and responsiveness to business needs.
Additionally, the improved consistency in contract processing has fostered better collaboration among team members and increased trust in AI-driven solutions. This shift not only optimizes workflow but also positions the legal department as a vital contributor to the organization’s strategic objectives.
Future Expansion Plans
Wesfarmers plans to expand the use of ReviewAI beyond SaaS contracts to include other high-frequency agreements such as Non-Disclosure Agreements (NDAs) and service contracts. This strategic move aims to further enhance the efficiency and effectiveness of their legal operations.
By broadening the application of ReviewAI, Wesfarmers is looking to leverage the benefits of AI across various contract types, ensuring that their legal processes remain agile and responsive to the evolving business landscape. Such expansions underscore the commitment to continuous improvement in legal operations and contract management.
Overview of Onit’s ReviewAI
Onit’s ReviewAI is a cutting-edge solution designed to streamline the contract review process for legal teams. By leveraging advanced artificial intelligence, it automates the analysis of contracts, allowing legal professionals to focus on strategic decision-making rather than manual reviews.
This innovative tool not only enhances efficiency but also ensures consistency across contract evaluations. With features like real-time collaboration and integration into existing workflows, ReviewAI empowers organizations like Wesfarmers to manage their legal operations effectively and adapt to the increasing demand for rapid contract processing.
Key Features of ReviewAI
ReviewAI boasts several key features that set it apart in the legal technology landscape. These include automated contract analysis, risk identification, and customizable workflows that cater to the specific needs of legal teams. Each feature is designed to enhance the user experience and improve overall contract management efficiency.
Moreover, the platform's intuitive interface encourages user adoption, making it easier for legal professionals to integrate AI into their daily operations. By simplifying complex processes, ReviewAI helps organizations mitigate risks and streamline their contract lifecycle management.
Impact on Legal Operations
The implementation of Onit’s ReviewAI has had a transformative impact on legal operations at Wesfarmers. By reducing the time spent on contract reviews, the legal team can now allocate resources to more strategic initiatives, ultimately enhancing overall productivity and responsiveness to business needs.
Additionally, the improved consistency in contract processing has fostered better collaboration among team members and increased trust in AI-driven solutions. This shift not only optimizes workflow but also positions the legal department as a vital contributor to the organization’s strategic objectives.
Future Expansion Plans
Wesfarmers plans to expand the use of ReviewAI beyond SaaS contracts to include other high-frequency agreements such as Non-Disclosure Agreements (NDAs) and service contracts. This strategic move aims to further enhance the efficiency and effectiveness of their legal operations.
By broadening the application of ReviewAI, Wesfarmers is looking to leverage the benefits of AI across various contract types, ensuring that their legal processes remain agile and responsive to the evolving business landscape. Such expansions underscore the commitment to continuous improvement in legal operations and contract management.