Category: Company News and Events

Onit today announced the creation of an index of its publicly traded customers called the Onit Index. Created to monitor the long-term success of its customers, the index shows astonishing results for the first half of 2014. As of June 2014, the average Onit Index stock value increase was 23.7% higher than the S&P 500 and Dow 30 indices averages.

The Onit Index is comprised of 10 Fortune® 500 companies, five large global companies and three smaller companies across a variety of industries, including technology, insurance, legal, consulting, financial services, healthcare, consumer retail, industrial, pharmaceutical, and energy. The interactive graph below shows YTD growth from January through June 2014.

“We were delighted to find that the Onit Index far outperformed both the Dow 30 and S&P 500 indices,” said CEO Eric M. Elfman, “While we cannot take credit for our customers’ success, we believe that the index is an indicator that fast-growing, innovative companies are turning to cutting-edge technology and choosing Onit Apps over traditional software systems and enterprise platforms. Our Apps not only help customers streamline operations, control costs, and reduce company risk but they can play a pivotal role in their overall profitability.”  

Onit would like to congratulate ZS Associates for being recognized as a 2014 ACC Value Champion. With the objective of sharing industry best practices and “reconnecting the value and cost of legal services,” The ACC Value Challenge recognizes “value leaders” who have successfully facilitated changes in order to better meet corporate growth objectives.

Jennifer Billingsley, former chief legal counsel at ZS Associates, used a multi-faceted approach to transform her department, from smart outsourcing to specialization to technology. A key factor in the transformation was working with Onit to deploy Smart Process Apps.

The implementation of a new customer service portal and a legal work request submission and tracking tool:

• Introduced automation to built greater efficiency
• Increased collaboration between internal clients and counsel
• Facilitated more project visibility for internal clients

“The result?”
“Doing more with less, while increasing quality and results.”
— Association of Corporate Counsel, 2014

Here is an excerpt from ACC’s profile of ZS Associates’ award-winning strategy:

Like so many in-house legal departments at successful companies, the one at ZS Associates saw requests for legal work increasing as the company grew, while departmental headcount remained static. Yet, the department was a victim of its own success: “We definitely had that ‘free legal services’ problem,” says Jennifer Billingsley, former chief legal counsel at the company. To begin the value journey, the department devised a new mission statement that emphasized the expertise its six attorneys and two paralegals could bring to appropriate legal work—”to provide pragmatic, responsive, value-added and cost-effective legal solutions, while balancing risks and rewards”—then set about finding efficient solutions for everything else. The ZS team took several steps to transform the way they work, including utilizing RFPs to source outside, less-expensive resources on major matters; implementing new technology to track matters, automate workflow and link to electronic contracts; and using a legal process outsourcer to do first-line markups, research and administrative tasks.  

Click here to read the entire article.

How do you transform your in-house practice to meet the growth needs of your company?  Onit Apps can help!

Contact us today to see how our Legal Apps can transform your legal department and “possibly” make your team an ACC Value Challenge winner in 2015.

Sources:

“Small Department Stretches to Meet Demand Growth.” by Jennifer J. Salopek

http://www.acc.com/valuechallenge/valuechamps/2014champ_profilezsassociates.cfm

About The ACC Value Challenge: http://www.acc.com/valuechallenge/about/index.cfm

The 2014 Microsoft Worldwide Partner Conference (WPC) in Washington DC exhibited a much more partner-friendly tone than last year as it seemed to be more about what Microsoft can “do” for partners rather than what partners can “do” for Microsoft.

Here are three big takeaways all Microsoft partners should be aware of as they plan for the next Microsoft fiscal year and how Onit can help:

1. Microsoft Cloud Services Provider Program

Microsoft announced the Microsoft Cloud Services Provider Program this year, which allows partners to control the complete customer lifecycle in cloud product sales and service by allowing partners to control and manage the provisioning of Microsoft cloud services.

This is great news for Microsoft resellers because it provides more touch-points and higher visibility with your customers allowing you to get even more strategic about your customers’ overall cloud deployment portfolio.

Today, Onit is working with one major North American Microsoft LAR on end-to-end cloud services solutions that allow them to control the business process workflow from quoting the customer to provisioning their cloud software to managing the subscriptions over time.

By controlling the workflow of cloud services provisioning and management with Onit Apps, this reseller will be able to do more with less resources, reduce risk of error in provisioning, and increase customer satisfaction throughout the lifecycle of service.

2. Three New Reseller Programs

Microsoft also announced three new programs for resellers:

• Small and Mid-Market Cloud Solutions Program

This program focuses on cloud software provisioning and deployment for customers with less than 100 users of Office 365, and includes optimized entitlements for other productivity solutions such as Visual Studio.

This market is ripe for opportunity with more than 9 million prospects in the United States alone.

However, in order to get this most out of this program, your team will need to be efficient with quoting, provisioning, and managing across the a vast long-tail of customers in the SMB market. Having an efficient workflow in place to address this market is critical to success.

• Cloud Productivity Program  

This program is designed to help partners sell enterprise deployments of Office 365 with support for demos, mobile, and eligibility to participate in Microsoft marketing campaigns.

• Cloud Platform Program

The Cloud Platform Program is intended for resellers selling Infrastructure-as-a-Service, PaaS, or SaaS solutions on Microsoft Azure. This is a renewed push to compete with Rackspace.com and Amazon.com.

For each of these programs, Onit can build custom workflow solutions to help you efficiently capture a healthy share of the addressable market and further refine your process over time to take advantage of your companies unique resources and core competencies.

3. Business Process Apps are the Next Big Thing

Evident in this year’s Microsoft WPC was a major switch in business strategy for Microsoft from the ‘devices and services’ mantra of Steve Ballmer to a more ‘productivity and platform’ company approach with Satya Nadella.

This means that the way things get done means a lot more than it used to. We are evolving beyond a time when the version of Microsoft Excel and the laptop you ran it on mattered – today Excel is in the cloud with Microsoft Office 365 and you can access your spreadsheet from a tablet, laptop, or workstation anytime you like.

What matters is who you are collaborating with on that spreadsheet, what happens after you finish your piece of collaboration, and what effect that has on the rest of your organization.

Project Siena is Microsoft’s big push into the world of Business Apps. At WPC, they announced a partnership with Fujitsu to work together on building Apps for their new 8-inch tablet.

Project Siena allows business-level users to create Apps using PowerPoint and Excel skills, all without the assistance of IT or developers.

At Onit, we are exploring ways to integrate with Project Siena in order for it to be the front-end user experience to our rapidly adaptable business process workflow technology on the backend. 

In the growing legal industry, workloads are increasing and processes are becoming more complex. Enterprise software has helped to manage records and tasks on the corporate level, but modifying enterprise software for your evolving business is expensive and time consuming. Smart Process Apps have risen to help firms manage collaborative business processes and matter management by filling in the gaps of existing software infrastructure.

On Wednesday, June 25 at 10:30 a.m. PT at LegalTech West Coast in Los Angeles, Paul Zengilowski, Customer Development Executive at Onit, and Ted Jankowski, managed the introduction of the Onit App Builder at Johnson Controls (currently retired), will present a case study on how Johnson Controls deployed Apps to systematically addressing business opportunity and legal risk.

5 Ways Smart Process Apps are Re-Inventing Legal Operations:

1. Enhance capabilities to manage risk.

Onit Apps help legal teams streamline operations, control costs, and gain visibility into projects. With imbedded awareness data and analytical tools designed for real-time evaluation of business activities, Apps help companies adapt and reduce risk.

2. Improve responsiveness to business clients.

Onit Apps are design by people, for people. They offer a truly collaborative platform and visibility into every stage of the process, helping law departments solve real business problems and adapt to their changing client needs.

3. Increase productivity of staff attorneys.

Collaboration is vital for managing processes. Onit Apps give team members a simple way to communicate in a shared workspace, reducing the time spent on tasks and document research and increasing overall productivity.

4. Achieve greater transparency and insight around portfolio of work.

Onit Apps automate manual, cumbersome, and often paper intensive processes, while giving team members visibility throughout the process. The enhanced insight provides opportunities to make changes to the workflow and adapt as needed.

5. Manage evolving business processes through adaptable, quickly deployed tools.

Unlike traditional enterprise software, Onit Apps can be configured and implemented in weeks, so you can reap the financial and operational savings more quickly. Additionally, enhancements to Onit Apps can be made anytime giving you the power to adapt your software to your ever-evolving business, not the other way around.

If you are interested in helping your firm or law department control costs and increase efficiency and automate business processes, join us today at LTWC to learn how Onit Smart Process Apps can help!

Here at Onit, we pride ourselves on offering Apps to help simplify and streamline your unruly business processes. Recently, we decided to turn that critical eye inward and overhauled our corporate website. With an improved homepage design, cleaner layout of page content, and an intuitive and consistent site-wide navigation system, our new website offers quick and easy access to product and company information.

“One of our primary objectives was to create a more interactive experience for visitors,” commented Eric M. Elfman, co-founder and CEO of Onit. “To achieve this, we simplified the content structure and navigation so the visitor could get the information they were looking for in as few clicks as possible.”

Smart Process Apps are the star of our new website. From the Onit homepage, you can promptly learn more about our department-specific technology solutions, from human resources and IT, to compliance, legal and sales. Built to help professionals drive efficiency and productivity, automate manual processes and solve problems that directly impact customer satisfaction, employee productivity and profitability, Onit Apps can be configured and implemented in weeks – not months – so companies can reap the financial and operational savings quickly.

The enhanced Onit Enterprise App Market pages include expanded content and product screenshots. Straightforward call-to-action buttons make it easier to request a demo and contact us for more information. The website also contains market intelligence, information about upcoming webinars and tradeshows, and a library of resources that includes white papers, eBooks, videos, collateral and case studies.

If you are interested in improving your business processes and working smarter, Onit can help!

Contact us or schedule a demo to see how.

Onit congratulates our client AIG for recently being named 2014 Best Legal Department by Corporate Counsel. The AIG legal team was recognized for its tenacity and steadfastness during the economic meltdown that almost toppled the company. In particular, Corporate Counsel commended the lawyers from AIG’s Global Legal Compliance Regulatory and Government Affairs for “prioritizing innovation and attention to process efficiency in order to save resources and survive the financial crisis.”

Read more…

“[AIG’s] lawyers have proven that they can work hard, innovate through tricky situations and use technology and process management to grow ever leaner and more efficient.”
– Rebekah Mintzer, Corporate Counsel

Here at Onit, we pride ourselves on being able to help legal departments create more efficiency and transparency, and innovate their processes. Companies such as AIG use the Onit App Builder platform to configure and deploy their own Apps in just days. Onit’s light weight, customizable, and flexible Apps allow companies to easily adapt to changing process demands and collaborate smarter.

Onit App Builder combines business process management, collaboration and transaction management functionality into one innovative tool. With Onit App Builder, it is easy to develop and deploy Apps that streamline business processes and solve real world problems, which directly impact customer satisfaction, employee productivity and profitability. Looking for a solution to your evolving business process? Contact us to see how Onit can help!