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Average Ratings 0 Ratings
Description
OnitX CLM is a comprehensive contract lifecycle management solution built to streamline and automate every stage of the contract process. It provides a centralized platform where organizations can manage contract creation, negotiation, execution, and renewal with full visibility. The system uses configurable workflows to eliminate bottlenecks and speed up approvals, helping teams close deals faster. OnitX CLM also includes compliance and risk management capabilities, ensuring that contracts adhere to policies and regulatory requirements. With built-in alerts and obligation tracking, users can proactively manage deadlines, payments, and key milestones. The platform integrates with eSignature tools and AI-powered solutions like ReviewAI to enhance contract review and execution. It offers advanced reporting and dashboards, giving organizations insights into performance, risks, and contract data. Security features such as role-based access and authentication ensure sensitive information is protected. OnitX CLM is designed to improve efficiency, reduce errors, and strengthen collaboration across teams. Overall, it empowers organizations to manage contracts more effectively and drive better business outcomes.
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
Adobe Acrobat Sign
No
Docusign
No
Google Cloud Operations Suite
No
Google Workspace
No
Microsoft Dynamics 365
No
Microsoft Word
Yes
Onit Legal Holds
Yes
Onit Legal Service Requests (LSR)
Yes
Onit Spend Agent
Yes
OnitX ELM
Yes
Integrations
Adobe Acrobat Sign
Yes
Docusign
Yes
Google Cloud Operations Suite
Yes
Google Workspace
Yes
Microsoft Dynamics 365
Yes
Microsoft Word
No
Onit Legal Holds
No
Onit Legal Service Requests (LSR)
No
Onit Spend Agent
No
OnitX ELM
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
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
Yes
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
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
Onit
Founded
2011
Country
United States
Website
www.onit.com/products/clm/onitx-clm/
Vendor Details
Company Name
SimpliContract
Founded
2020
Country
United States
Website
simplicontract.com
Product Features
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