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Description
Omi provides a unified platform that enables comprehensive management and oversight of your finances, contracts, and vendors, featuring straightforward onboarding and robust controls. Transform your contract and vendor management processes with ease. Omi simplifies the tracking of vendors and equips you with actionable financial insights, eliminating the need for spreadsheets. Keep all contracts organized in one location, ensuring they are consistently updated. Instantly view upcoming renewals and notifications on a single dashboard. The platform offers strong financial controls that assist in budgeting and strategic planning. Effortlessly search for and collaborate on contracts. Reduce inefficiencies and enhance your savings potential. Integrate your financial policies into each purchase and request to maintain precise control over cash flow through effective invoice reconciliation, accounting integration, and payment orchestration. Omi serves as a definitive source of truth for all your financial and operational needs. Moreover, seamlessly connect your procurement technology stack with Omi to achieve enhanced visibility and control while minimizing disruptions for your stakeholders. By doing so, you empower your organization to make more informed decisions.
Description
Key Benefits:
- Quicker Revenue:
40% reduction in contract authoring time.
Quicker revenue realization (18% of sales cycle spent on contracting).
- Reduced Costs:
Reduction in revenue leakage – 9% of the bottom line.
Optimized spend & 10-12% reduction in expenses.
- Improved Compliance:
Reduced risk – 2% of annual costs.
Real-time contractual insights for improved compliance.
- End-to-end CLM platform:
One platform for legal, sales & procurement teams.
- Quick deployment:
Simplify contracts across the enterprise in just 3 months.
Features:
• Distinct functionalities for both buying and selling sides of contracts, providing a unique and tailored approach.
• Advanced Reporting
• Contract authoring and template & clause library management.
• AI-powered (NLP) contract analysis, metadata extraction, and search.
• Contract repository and document management.
• Contract collaboration and approval workflows.
• Contract milestone and obligation tracking.
• Contract renewal and expiration management.
• Centralized Desk and Controlled Access to data.
• Integration with other enterprise systems.
API Access
Has API
No
API Access
Has API
No
Integrations
Docusign
Yes
Adobe Acrobat Sign
No
Coupa
No
Google Calendar
Yes
Google Sheets
Yes
Google Workspace
No
Leegality
No
Microsoft Excel
Yes
Microsoft Outlook
Yes
NetSuite
No
Integrations
Docusign
Yes
Adobe Acrobat Sign
Yes
Coupa
Yes
Google Calendar
No
Google Sheets
No
Google Workspace
Yes
Leegality
Yes
Microsoft Excel
No
Microsoft Outlook
No
NetSuite
Yes
Pricing Details
$99 per month
Free Trial
No
Free Version
Yes
Pricing Details
SaaS model
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
Omi
Founded
2021
Country
United States
Website
www.tryomi.com
Vendor Details
Company Name
SimpliContract
Founded
2020
Country
United States
Website
simplicontract.com
Product Features
Contract Management
Buy Side (Suppliers)
No
Completion Tracking
No
Compliance Tracking
No
Contract Lifecycle Management
No
Electronic Signature
No
Full Text Search
No
Government Contracts
No
Pre-built Templates
No
Sell Side (Customers)
No
Specialty Contracts
No
Version Control
No
Workflow Management
No
Document Management
Access Controls
No
Archiving & Retention
No
Collaboration Tools
No
Compliance Tracking
No
Document Archiving
No
Document Assembly
No
Document Capture
No
Document Conversion
No
Document Delivery
No
Document Indexing
No
Document Retention
No
Electronic Signature
No
Email Management
No
File Recovery
No
File Type Conversion
No
Forms Management
No
Full Text Search
No
Offline Access
No
Optical Character Recognition
No
Print Management
No
Version Control
No
Vendor Management
Audit Management
No
Contact Management
No
Customer Database
No
Self Service Portal
No
Supplier Master Data
No
Transaction History
No
Vendor Maintained Profiles
No
Vendor Managed Inventory
No
Vendor Performance Rating
No
Vendor Qualification Tracking
No
Product Features
Contract Management
Buy Side (Suppliers)
Yes
Completion Tracking
Yes
Compliance Tracking
Yes
Contract Lifecycle Management
Yes
Electronic Signature
Yes
Full Text Search
Yes
Government Contracts
No
Pre-built Templates
Yes
Sell Side (Customers)
Yes
Specialty Contracts
Yes
Version Control
Yes
Workflow Management
Yes
