Onit

Onit is a leading provider of enterprise legal management (ELM) and contract lifecycle management (CLM) solutions. The company's OnitX Workflow Engine enables organizations to create, modify, and deploy workflow solutions to automate business processes and solve real-world challenges. Onit's platform supports an unlimited number of solutions, from contract lifecycle management and legal spend management to shared workflows across departments, allowing for the automation of even the most complex processes.

Onit's solutions encompass a wide range of products, including Matter Management for collaboration throughout the matter lifecycle, Legal Spend Management for visibility into legal expenditures, Legal Holds Management for preserving digital evidence, Legal Service Management for streamlining service request processes, and Contract lifecycle Management for optimizing contract handling. Additionally, the company offers Purpose-Built Apps, enabling organizations to build powerful workflow automation applications to simplify unique business processes.

As of 2022, Onit had over 3,000 global customers, managed USD 47 billion in legal spend data, and facilitated millions of annual legal interactions. The company's solutions have been recognized for driving significant efficiency gains, with customers reporting up to 20% savings through better invoice review and outside counsel spend management, up to 50% increase in productivity from smart contract lifecycle management, and 500% return on investment from the creation and use of purpose-built applications.