Onit
By Onit
Onit is an essential contract lifecycle management software that allows legal and business teams to automate their entire process. The software supports all phases of the contract lifecycle, right from capture, creation, negotiation, approvals, and execution to post-execution management. It can be operated by an unlimited number of users and the user-friendly interface greatly improves vendor and supplier relationships as well as ensures customer satisfaction. Onit can automatically generate a contract including appropriate clauses. It enables users to work on contracts using their preferred processing tool. There is also a clause/template library that contains great resources to manage and maintain contracts. Onit helps legal and business teams to manage and measure milestones and tasks related to compliance. The software has automated risk mitigation capability through which it identifies clauses and terms that can add risk to their agreement. In addition, it has an easy to use portal that can be levied by partners and clients to request, create or submit contracts.