|[February 14, 2014]
Onit Expands Client Base and Overall Growth in 2013
HOUSTON --(Business Wire)--
Onit, a leading provider of Smart Process Apps, today announced that
2013 was a year of continued growth for the company, with achievements
The addition of 11 Fortune® 500 companies as clients
Global reach of the company's Smart Process Apps, with clients using
Onit Apps in more than 175 countries
Quadrupling revenue growth from the previous year
Launching its App
Market, a collection of Apps that automates processes across
various departments (i.e., legal, sales, procurement, channel, IT,
"Our clients can harness unprecedented functionality, customization and
user adoption within hours with Onit's Smart Process Apps," said Eric M.
Elfman, co-founder and CEO of Onit. "Compare this to the often
time-intensive, function-limited and cost-intensive solutions
traditionally deployed across an enterprise and it's clear to see why
our clients select Onit. In 2013, we executed to our strategic goals and
anticipate continued growth in 2014."
In 2013, Onit greatly expanded on its offerings of Smart Process Apps.
In January, Onit unveiled 10 legal Smart Process Apps at LegalTech New
York. This was followed by the launch of its Smart Process App market in
September, which showcases 22 Apps across various departments covering
compliance, HR, T, legal, procurement, real estate and sales.
Onit also introduced e-sign capabilities for its contract management
Apps in October. This functionality gives Onit Smart Process App users
the ability to electronically sign any contract or document as well as
submit, review, approve and manage them with one easy-to-use tool. Onit
also introduced document assembly functionality which creates documents
from templates using submitted form data and allowing for immediate
turnaround of documents such as Non-disclosure Agreements to the
In October, software advisor Capterra named Onit to its top-twenty list
of leading contract management software - an award based on a
combination of total number of customers, active users and online
Onit also continued to support the legal community with exhibitions at
LegalTech New York, LegalTech West Coast and the Mitratech User
To learn more about Onit, visit www.onit.com.
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 2011, 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.
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