Category: Business Process Management

How Ad Hoc Turns NDAs into Nightmares

There are times when ad hoc can be a wonderful thing: when groups come together as a committee for a special event, or when an urgent and isolated situation calls for a creative solution. However, when it comes to a critical business activity such as administering Non-Disclosure Agreements (NDAs), ad hoc solutions can be a disaster. Merriam-Webster’s very definition of ad hoc is “for the particular case at hand without consideration of wider application,” and when companies go ad hoc with NDAs, inconsistency and non-compliance become the norm.

Many organizations have tried standardizing their NDA process from start to finish, beginning with word processing templates. But the problem with document templates is that they, too, develop into ad hoc solutions as users customize the NDAs for their particular situations, recycle previously modified NDAs, and change provisions until the document sent to the other party is very different than what the company intended.

The next step in the NDA process is sending the document to the other party, getting confirmation of receipt and then tracking whether or not the NDA was countersigned. If your NDA process is ad hoc, no one keeps track of whether or not the document was signed by both parties, nor does anyone know if, and where, the signed NDA is filed. Considering our dependence on electronic communication, if the signed NDA is received by the originating party, then it is likely left to languish in an inbox or email folder. While most of the time this isn’t an issue, sticky situations can arise if dealings with the other party go awry, and the company cannot find the signed NDA.

Many companies have tried to standardize tracking with another ad hoc solution, the spreadsheet. Someone in the legal department inputs when NDAs are sent out, if the NDA needs to be renewed, and whether or not it was received. However, this approach doesn’t take into account NDAs being created and sent on the fly. It also depends on human input at every stage and doesn’t give you real-time visibility into the process. Additionally, the spreadsheet may be buried on someone’s hard drive or in a folder on the server, which may cause problems down the road if the employee has left his/her position.

With one ad hoc solution piled on top of another, it’s no wonder that what should be a simple agreement between two parties to kick off a business relationship turns into something that can leave a gaping hole in your legal state of affairs. Ad hoc is the enemy of repeatability, efficiency, and risk management. It undermines all attempts to standardize processes and is not a long-term solution for an ongoing business need. Ad hoc is the problem, not the solution.

The answer to ad hoc is something that can standardize the process and bring its lifecycle full circle: Onit’s NDA App. The right solution is an App that integrates into document management repositories, allows users to track status, provides users with the ability to create standard NDAs, and routes non-standard NDAs to the appropriate person for review. It manages renewal and termination dates and non-standard terms. The end result is a closed-loop process that helps the company comply with internal policy requirements and external legal obligations, all while keeping the NDA process efficient so that your work can commence.

Need to eliminate ad hoc from your critical business processes? Learn more about Onit’s NDA App in this white paper.

Build a Team of “Intra-preneurs” with Onit Smart Process Apps

First things first: What exactly is an “intrapreneur?” While the concept comes up frequently in Eric Reis’ recent book The Lean Startup, the term itself has been part of business vernacular for decades. Its definition is simple – an intrapreneur is “a manager within a company who promotes innovative product development and marketing.”

Even in 1992 this wasn’t a new concept, it simply gave a name to something that had been at the heart of business innovation for decades. To this day, intrapraneurs are everywhere in business. Whether a part of a sales and marketing team or a back-office legal department, intrapraneurs are constantly challenging the status quo and driving new ideas that help your business grow.

I know what you must be thinking at this point – Isn’t promotion of innovative ideas just part of the job? Shouldn’t all sales managers already be striving to grow the business? What makes an intrapreneur so special? What sets them apart?

The key to making a lasting impact as an intrapraneur is in understanding that process and workflow are at the heart of innovation.

Unfortunately, innovation and growth can be challenged by inadequate software used to manage process – like email and spreadsheets – and a lack of sufficient visibility into the process.

If you were to ask an intrapraneur if they are making their program or business process better, they most likely would say yes. But if you follow up by asking them, “How do you know?” – you might get some interestingly vague responses.

In this blog post, we hope to give you some ideas on how to innovate despite corporate IT and inadequate software tools and overcome uncertainty in process improvement.

Lean Startup Principles and Smart Process Apps Make Innovation Easy

Here are three guidelines from Eric Ries’ The Lean Startup that might help your company get started:

1.    Establish a Baseline with a Minimum Viable Product (MVP)

The first step towards that next ground-breaking business idea is to establish a baseline of data around how your users, whether they are the company’s customers or an army of sales reps, will actually perform your process.

This is where Onit can help.

Onit will build you a MVP within a matter of hours or days that you can get in the hands of your customers to see how they perform with your product.

2.    Tune the Baseline Toward the Ideal

Now that you have an Onit App or two that your customers are using, you can begin to fine-tune the system.

Onit automatically records every action a user takes when they are using your Apps. That means you can extract the data to analyze on your own, or Onit can build you amazing reporting dashboards to help you stay on top of your processes.

The detailed reporting capabilities will allow you to identify bottlenecks and inefficiencies standing in the way of innovation. By carefully analyzing these bottlenecks, you can make the executive decision to change aspects of the process. Perhaps that API call to Salesforce.com should execute before it gets to the legal team, or maybe the VP of Sales should review that contract before it makes it to the team in India.

When you have the ability to rapidly iterate on your design, you can quickly refine your process to be efficient and effective – even if it wasn’t at first.

3.    Pivot or Persevere

After a sufficiently long period of execution with your App, you’ll have lots of data and analyses on how your business could work. You’ll have insights that simply weren’t possible before.

With this information, you can make a clear decision on whether to continue scaling and building on your idea or to pivot to another one altogether.

If you decide to pivot, Onit licenses by the process, so it is very easy to switch to a totally different design without significantly affecting your cost.

Execution is All That Matters

Whether you are a Silicon Valley startup or a Fortune 100, execution is all that matters. You can have the best idea in the world for your business, but unless you make it happen and measure the results, you’ll never make an impact.

Onit is here to help you do just that.

We believe that process and workflow are the most important ingredients in business and we know a good deal about lean startup process improvement because we are a startup ourselves.

Email us today at [email protected] to start a conversation with one of our business process consultants. We will help you refine the design of your process and build your minimum viable product Apps to establish your baseline.

With the Onit Team and Smart Process Apps on your side, you can pave the way for all the intrapreneurs within your company to take your business to the next level.

What Sales Leaders Can Learn from Microsoft’s New CEO

Last week marked a major milestone in Microsoft’s company history when they held their first Worldwide Partner Conference (WPC) with their new CEO, Satya Nadella.

Nadella has proven to be remarkably sophisticated in his thoughts on running Microsoft – from evoking quotes from German philosopher Friedrich Niezsche in describing his corporate vision to joking about sorting algorithms when expressing their “mobile-first, cloud-first” market strategy.

Beyond Nadella’s scholarly sense of humor, he also expressed some hard-earned wisdom about running one of the world’s largest, and arguably most important, channel sales organizations.

Here are some key insights all sales leaders can learn from Nadella:

1. Your Channel Partnerships are Integral to Adding Leverage to Your Business Growth

Simply stated. It’s important to foster these relationships.

Your direct sales organization can only generate so many customer touches a day, but when each of your sales reps has multiple partners collaborating with them on sales opportunities, you have effectively multiplied the power of your sales organization.

Unfortunately, most sales organizations do not align their sales personnel with their channel and other partners as well as they should.

One rep from your organization likely maps to five or ten different reps in partnering organizations, and with each organization, different CRM and content management systems are used that are often incompatible across corporate lines. This makes it extremely difficult to collaborate effectively.

Onit has been working with IT channel resellers and top vendors such as Microsoft, VMware, Dell, and Google to improve their channel relationships with business process Apps that cross the corporate communication barrier.

In addition to providing visibility across multiple corporate environments, Onit’s rapidly adaptable workflow management system allows us to quickly modify business processes to optimize your channel strategy over time.

2. Keeping a Lean Team Structure Can Help You Have Consistent Execution

The day following Nadella’s keynote address at the Microsoft WPC, he announced a company-wide layoff of 18,000 employees over the next year. Most of that was to trim some of the fat from the Nokia acquisition, but a significant amount of this layoff is to reduce some of the structural leadership layers that were bloating the decision-making process. The idea is to make leadership teams more lean and capable of quickly adapting and making decisions.

Keeping a lean team structure like this can help you attain more consistent execution across your sales leadership, and that’s a good thing when it comes to ensuring your customers experience the same high caliber of performance from your sales teams.

Unfortunately, it can be difficult to manage that consistent execution across your sales teams, even if your sales team is already as lean as possible.  

Process can help create a healthy culture of consistent execution but processes run with spreadsheets and emails tend to fray out of control over time.

Onit can help you design a series of Business Process Apps that will help you maintain a consistent level of execution across your teams, all while providing the level of agility to change and stay optimized over the competition.

3. Increasingly Ubiquitous Technology Makes Human Attention the Most Valuable Commodity

The “Internet of Things” – and as Salesforce.com calls it – the “Internet of Everything” is fast approaching, with sensors on everything from our refrigerators to children’s diapers.

This data, stored and managed in the cloud, provides a wealth of wisdom to those who are interested. But there is a downside ….And this is the point Nadella made in his keynote at WPC.

With so many resources and information available at the click of a button, human interaction is becoming the most valuable commodity on earth. And as a result, productivity tools are even more important than ever.

We at Onit couldn’t agree more, especially when it comes to the attention of your sales team. It’s critical to be as efficient as possible so they can focus on high value tasks like closing deals and driving revenue.

At Onit, we work with our customers to develop custom business process workflows for everything from prospecting to opportunity management to account lifecycle management and everything in between. This is all integrated with your preferred system of record, whether it’s Salesforce.com, SugarCRM or an in-house proprietary system.

Don’t waste time with someone else’s vision of what a CRM is supposed to do. Let us build your vision for sales productivity. We can build an App for you. Contact us today for a complimentary consultation of one of your sales processes. 

Need to Boost Sales From Your Players – There’s an App for That

Every sales organization has three different types of reps:

  • ‘A’ Players who are great performers regardless of the systems and tools they use, however, because they get results, they have a ‘rock star’ mentality and thus are more difficult to manage. This is your top 10-20%.
  • ‘C’ Players who never get with the program and end up firing themselves by constantly missing quota – these are the bottom 10-20% that contribute to the natural churn every sales organization experiences.
  • ‘B’ Players who are the most important and constitute the vast majority of your sales organization, usually 60-80%. From this group you can achieve the most efficient boost in sales with the least possible amount of investment because they are extremely coachable and follow process exceptionally well.

The upshot of this ‘B’ player majority being able to follow process exceptionally well is that if you provide this team with the right tools to run a well-designed process, they will boost the revenue in the majority of your customer base.

The challenge comes in providing the tools required to manage a well-designed process. Most companies try to fit a workflow into their CRM system or SharePoint, and neither of these systems are built explicitly with the intention of building and managing workflows. Moreover, a well-designed process inherently must change with the evolving needs of your business – so even if you were able to create a workflow in your CRM or SharePoint, it is difficult or even impossible to change the process once it is in action.

As a result, most sales organizations end up ignoring process optimization all together. They stick with ‘back to basics’ programs in the hopes that if they make more calls, send more email blasts, buy more ads, or take more ‘decision makers’ out to lunch, they will get that incremental boost in sales they need for their shareholders.

Dedicated Processes Have Dedicated Tools

The ‘B’ players who you want to get that big boost from need a focused, dedicated system to work with to accomplish the tasks prescribed in your process. Imagine if it was as simple as your sales managers telling reps “there’s an app for that” – a simple interface that was designed to enable the sales reps do that one thing very well. And, if that same system could notify them at the right time and place to do that one thing, you can be sure they won’t miss their cue to shine.

Managers need visibility into the overall performance of the process in order to understand the bottlenecks and performance gaps – reporting that shows them exactly how to improve on the process so that your customers get the strategic output you believe will make the difference.

We’re Onit

Fortunately, there is a team that can help you raise the selling level of your ‘B’ players.

Using Onit Apps, you can get a handle on that middle 60% of ‘B’ players to drive the team with unprecedented insight and control in a way that they will understand and quickly adopt.

Onit’s team of consultants will guide you through every step of the way to designing and implementing a world-class workflow solution – all within a matter of days. Onit Apps are built from the ground up with change in mind, and the Onit team will help you analyze reporting from your process to continuously improve and get a dramatically bigger impact.

Request a free consultation with an Onit team member today to talk about your goals – we will build a process diagram for you and implement a demo of that process in an Onit App for you to see first-hand what our software platform can do you for you – free of charge. 

Filling in the Gaps: Adding Engagement to Your Enterprise Software

Enterprise software arose to answer specific needs within corporations — from processing bills to tracking legal matters or managing content. In its inception, it helped enable the mastery of what would be considered simple tasks on an individual level, but were immensely complicated challenges when multiplied to the corporate level. Gradually, this software became more sophisticated, facilitating terabytes or petabytes of information. 

However, enterprise software is like steel plumbing — expensive to lay, difficult to manipulate or move and often more expensive to replace.

Due to the increasing complexity of the business needs these solutions handle, it is often extremely difficult to modify workflows, user preferences, reporting and more without intervention from IT and potentially more bills from the software provider.

Companies are looking towards a new model of systems of engagement, which encompass not only management of tasks or processes but also the communications and collaboration preferences of its users on a whole. These systems — enabled by technologies we know and understand such as email — serves customers, partners and employees equally, removing the barriers that prevent out-of-department stakeholders from taking part in vital processes that impact their goals and productivity. A system of engagement is focused on in-the-moment tasks and decisions, leverages social and cloud technologies and includes short, rapid, iterative release cycles.

Rather than trying to compete with existing enterprise software installations, these systems of engagement are embracing an “App” approach that enables them to fill in the gaps of existing software infrastructure. Forrester Research has coined the term “Smart Process Apps” for this new software and predicts it will be a fast growing segment of business software.

Find out how you can get ahead of the curve by reading our whitepaper on the transition from Systems of Record to Systems of Engagement.

Transitioning from System of Record to System of Engagement

Sales force automation is a powerful concept. The promise of keeping sales focused on the important areas of their job (working with customers and closing deals) while minimizing the administrative areas (updating records, transcribing notes) has spawned an industry of CRM vendors. These systems often become all encompassing within a company, sending out tendrils to every department. They become the system of record.

This has laid the groundwork for building a cohesive customer experience across all stages. Each different department is able to access the data from previous and concurrent interactions. As the holistic customer experience becomes the organizational focus, more is needed out of a sales automation system than tracking the data. 

The interactions that begin to happen between groups and departments needs tools that clearly define, track, and report on who is responsible at each step and who is taking over. This is driving the shift towards systems of engagement that manage the human aspect of processes. 

The primary function of any systems or Apps that add a layer of engagement onto a system of record is to make the processes happening around the data clear. A system of record is only as good as the data included into it. Without clear (and simple) process for capturing and sharing data, the records in a database can quickly get outdated. This can cause internal confusion and have a negative impact on the customer experience.

With the rise of Enterprise Apps – SaaS software focused on specific tasks that are easy to implement and run – adding the engagement layer to a system of record does not require major infrastructure changes. Apps can provide an easy-to-use front-end for your internal users, while pushing back relevant data to the system of record already in place.

With an App platform, each department or group can build exactly what it needs to get its work done. Updating the system of record happens behind the scenes without affecting the front-end workflow. The flexibility of Apps means that they can also be changed quickly – sometimes even on the fly by end-users – without disrupting the entire system or process.

Data collection in a system of record has been, and continues to be, an important element of sales operations. As more departments get involved in the customer experience, matching process with that data will become increasingly important to companies who want to maintain their advantage. 

 

Come see how Onit Apps can help you transition to a system of engagement.

5 Reasons Legal Department Operations Is Taking a Second Look at E-Billing

Legal e-billing has been around since the mid-1990s when it was introduced as message-based store and forward systems based on EDI technologies developed during WWII. Many legal departments implemented these burgeoning e-billing systems as enterprise-scale software deployments at great cost.

Secure Ebilling

Unfortunately, not much has changed since then, and many legal departments find themselves still using the system they originally installed.

But now, savvy legal department operations leaders are taking into consideration the huge advances in technology to increase visibility and efficiency while reducing risk for their department.

The top five reasons to re-evaluate e-billing software for the modern era are:

  1. Software As A Service (SaaS) has removed the barrier to replacing or augmenting software.
    No longer are legal departments constrained by IT resources the months required to implement and configure a new system. SaaS software makes it easy to get started with a new system in days rather than months.
  2. The need for a shared workspace has become critical as working with outside counsel has exploded.
    It’s common for a legal department to be working with multiple (even numerous) law firms for a variety of tasks. Trying to keep track of all the firms – much less stay on the same page for open matters, timekeeper rates, budgets, and invoices – is difficult in legacy e-billing systems.
  3. Processes need to be flexible – without working around the system.
    Processes change from instance to instance, from day to day. Different people need to get involved depending on changing criteria. Companies need the ability to include additional people ad hoc to a process without ‘faking’ it. This is important both for getting work done and for creating audit trails.
  4. Poor timekeeper management reduces cost benefits.
    Tracking all authorized timekeepers and their rates is complicated in legacy e-billing systems. Timekeeper rates are less static than in the past as well, when this data is out-of-date, your department may be spending more than it realizes.
  5. Management expects analytics around every facet of outside counsel work.
    Many e-billing systems fall down when it comes to reporting. The need to report on metrics that matter specifically to your department, and quickly track your KPI’s with dashboards, has only recently been tacked on to legacy e-billing systems. You shouldn’t need to export everything to Excel before you can analyze it.

Today, Onit announced the launch of BillingPoint, its suite of Legal E-billing and Matter Management Apps, at LegalTech New York 2014. This new suite of Apps enables corporate law departments and laws firms to share all the types of sensitive information (i.e., matter types, practice areas, timekeeper rates, expenses, invoices, budgets, or any document essential to their financial relationship) in a truly collaborative workspace.

Now law firms and law departments can now take advantage of the first real innovation in legal e-billing in more than two decades. BillingPoint was designed from the ground-up by experts in legal e-billing — the founders of Datacert — Eric M. Elfman and Eric Smith. Onit has developed the first truly innovative e-billing software that takes advantage of all the advances made in technology over the last 20 years.

Come learn more now.

 

Image courtesy of Sujin Jetkasettakorn / FreeDigitalPhotos.net

2013 Year in Review

It’s been an exciting year at Onit and we appreciate the opportunity to share it with you. We’ve made great progress this year, both from a product and customer perspective, and I wanted to highlight some of our accomplishments.

To begin, we have successfully deployed Apps at numerous Fortune 500 and privately held companies. In addition to seeing unprecedented user adoption rates, our Apps have been deployed globally in more than 175 countries. This has taken off faster than we anticipated.

Second, we have built new Apps on our App Builder platform (as anyone can do) to serve the growing needs of our customers. Some recent Apps that have been deployed include:

And our biggest news of 2013 will be officially released at LegalTech NY 2014. Check back here later this month to see the next way we’re changing how legal departments get work done.

General Counsel: Ask Your Outside Counsel for a “Career Associate” and Lower your Legal Spend

Imagine seeing this title on your AmLaw 200 law firm bill: career associate. While a bit odd, it may be the latest way large firms are controlling costs and creating a lower threshold for billable hours.

The ABA Journal reports that law firms have been experimenting with different titles that can signify different career paths for outside counsel. For example, the above mentioned “career associate” references a lawyer at Orrick Herrington & Sutcliffe that works at lower rates and reduced hours and is excluded from the partnership track. The article reports similar trends at Greenberg Traurig and Kilpatrick Townsend & Stockton.

But are these title changes semantics or substantive?

According to an expert interviewed for the article, the changes reflect the “economic challenges of the past five years” and “lawyers’ changing professional expectations and desires.”

Truth be told, law firms have been juggling titles for quite some time. While this may be just marketing machinations, the fact that some of these new titles charge a lower rate could translate into substantial savings for corporate law departments – who have, for years, pushed for an appropriate and applicable mix of billing levels on outside counsel bills. After all, basic work doesn’t need “drive by” billing from a senior partner. Now, with the advent of these new positions, there is the possibility to move basic work from associates to an even more budget-compliant level of attorney.

So if you happen to see career associate, legal resident or department attorney on your latest bill, give yourself a moment to smile as you (hopefully) savor the spend savings. 

The Misconnection of Enterprise Software

It’s an odd thought that in this world of hyper-communications (hello smart phones, texts, social media), it can still be difficult to meaningfully connect. Sentences can be misread. Calls cut off. Intentions unclear.

Consider your personal life. How often have you run into situations like this? Maybe an autocorrected message from your spouse led you to buy rum instead of milk or Rice Krispies instead of brown rice. Or a terse tweet led to an even terser DM.

Which is why I personally find this video hilarious. An ordinary guy roams the airport cell phone crashing – which is basically sitting next to people and joining their conversation as he hears one side of it. The responses vary, with the “victims” doing everything from shifting uncomfortably to flat-out denial that someone is overhearing his/her conversation.

Now imagine discordance like this but with 20, 30, 100, 500 people on different lines. It’s not a disturbance I’d want to be anywhere around, but strangely, this analogy is reflective of the selection process of enterprise software. There are often multiple decision makers, multiple departments affected, multiple integrations and multiple agendas and expectations involved.

Tony Byrne of Real Story Group hit the nail on the head in his article for Information Week titled “6 More Enduring Truths about Selecting Enterprise Software.” He runs through different aspects of adopting enterprise software that can be evaluation challenges – from determining a vendor’s financial health to the strength of their integrations to deciding if you even have a problem this technology fix.

At Onit, we believe that software should be responsive, adaptive, easy to use and effective. That’s why we offer Smart Process Apps that can deploy in a day, be easily customizable by just about anyone and truly fit with your business. These Apps can handle processes from contract management to employee on-boarding to legal process outsourcing.

I invite you to give us a test drive with this free trial. Then you can see how Smart Process Apps can eliminate the uncertainties of enterprise software selection.