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Onit Unveils 10 Legal Apps at LegalTech(R) New York 2013
NEW YORK, NY, Jan 29, 2013 (MARKETWIRE via COMTEX) --
Onit, a leading provider of business productivity and process
management Apps, today announced that it unveiled 10 Legal Apps at
LegalTech New York 2013. Onit is sponsoring the Cyber Cafe on the 3rd
floor of the Hilton New York and will be offering a two-week trial of
two Legal Apps to LegalTech New York attendees.
"Onit Apps for Legal streamline processes within legal, and across
all departments, business units and divisions that interact with
them, to achieve complete transaction visibility," commented Eric M.
Elfman, CEO of Onit. "Too many processes are manual and
paper-intensive, handled with email, Word documents or Excel
spreadsheets. We're excited to show LegalTech attendees a variety of
Legal Apps that are simple to use and easy to deploy so business
users can reduce the time it takes to get work completed."
Onit Apps for Legal are highly configurable, flexible and do not
require significant IT time or an expensive investment. In fact, a
user can start using one of our pre-configured Legal Apps in five
minutes. In thirty minutes, a user can configure one of our 10 Onit
Apps for Legal to suit their specific needs. In 60 minutes, a user
can completely define and deliver a new custom Onit App to automate
processes with the Onit App Builder.
Below are the 10 Legal Apps Onit will be demonstrating at the
tradeshow:
-- Contract Review & Approval App
The Onit Contract Review &
Approval App takes your broken, manual and time-consuming contracting
process and automates it. No longer will your staff have to search
their inbox or hard drive for the latest version or keep an Excel
spreadsheet to track their contracts. With the Onit Contract Review
& Approval App, you can compress your revenue cycle, improve
supplier and vendor relationships, achieve higher contract compliance
rates, and mitigate risks by having fewer contractual exceptions and
increase internal and external customer satisfaction.
-- Contract Administration App
The Onit Contract Administration App lets
you easily manage contracts and business documents in one central
location. Contract administrators typically have very little control
or visibility into the contract lifecycle. The Onit Contract
Administration App eliminates this problem and provides administrative
insight that is not possible when using spreadsheets or email.
-- Matter Management App
The Onit Matter Management App organizes all of
your company's legal information -- from documents to emails, to
invoices for outside counsel, time spent by employees, deadlines and
dockets. Your team will have immediate access to critical matter,
financial and performance metrics through simple information
collection, management and workflow.
-- E-hold Management App
The Onit E-hold Management App reduces risks,
simplifies compliance and lowers administrative overhead. If your
organization is managing custodians with a spreadsheet, it is time to
stop. Onit makes it easy to create holds, send hold notifications and
ensure acknowledgment.
-- NDA Request App
The Onit NDA Request App lets you provide better
customer service, reduce cycle time and drive down cost. Whether
providing self-service NDAs or moving third-party NDA review to a
legal process outsourcer, the Onit NDA Request App is the easiest
answer.
-- Collaborative Budgeting App
The Onit Collaborative Budgeting App
allows you to completely organize the process of requesting,
collecting, reviewing and approving budgets from outside counsel.
Traditionally, a process is managed with emails and spreadsheets,
requiring duplicate data entry and difficulty in managing. With the
Onit Collaborative Budgeting App, it is now straightforward to
request, compile and collaborate on budgets so that you can get a
handle on spend forecasts and matter staffing plans.
-- Alternative Fee Arrangement Approval (AFA) App
The Onit Alternative
Fee Arrangement Approval App helps pricing staff and committees manage
the review and approval of AFA requests by enabling the collection of
key information about the request, providing a shared workspace for
discussion, collaboration and decision-making and an ability to review
a history of transactions to spot trends and patterns. The AFA App
simplifies the process, improves response times, replaces email and
spreadsheets, and eliminates an unruly and complex process.
-- Outside Counsel Engagement App
The Onit Outside Counsel Engagement
App simplifies how you manage your outside counsel while making your
matter management system more valuable. It is easy for outside counsel
to use and ensures that every legal matter is budgeted and that your
matter management system reflects all outside work. It can also be
deployed in a way that allows business users to be engaged during the
retention process.
-- Legal Process Outsourcing (LPO) App
Outsourcing work and the
complexities of assigning work, tracking progress and reporting on
service level agreements in email and spreadsheets is not efficient.
The Onit Legal Process Outsourcing App allows you to manage the work
through simple but robust forms, automating workflow and
notifications, enabling your LPO to easily reroute transactions back
into your organization when necessary. Additionally, the LPO App
provides a real-time dashboard that enables you to view the status of
all the transactions in your portfolio.
-- Matter Intake App
The Onit Matter Intake App is a remarkably valuable
capability for law departments that have a matter management system.
It helps you collect all the data necessary to get a matter opened and
assigned to the right attorney. It also provides the capability to
automatically acknowledge new matters and ensure that your attorneys
have all the information they need to get started right away. You will
see benefits as broad as distributing work more evenly, improving
response times and ensuring that the data in your matter management
system is as up-to-date as possible.
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. The 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 www.onit.com or contact 1-800-281-1330.
For more information contact:
Jill Black
Onit
Email Contact
713-560-9225
SOURCE: Onit
http://www2.marketwire.com/mw/emailprcntct id=17BD25D078F2758D
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