Capture all of your contract data in one place, using advanced OCR to extract the details of each agreement and build an easily searchable repository for your team.
Get a high-level view of contracts’ status, renewal dates, and key clauses
Add custom data points that matter to your business
Explore and act on contract data with a dedicated AI agent
Share tailored reports and real-time analytics with stakeholders
Speed up approvals and signing
Move at the pace of your business. Remove approval bottlenecks, close deals faster, and keep everyone up to date on progress with automated contract workflows.
Automated approvals
Milestone alerts and notifications
Streamline redlining and collaboration
Built-in e-signing
Reduce risk across the organization
AI-powered risk detection and built-in guardrails protect your organization from unwanted exposure. Configure alerts, templates, and reporting that help every team stay compliant from day one—no more surprise fees or unplanned audit costs that eat into your bottom line.
Identify unfavorable or risky terms
Meet obligations before they trigger penalties
Generate compliant pre-approved contracts
Automate regulatory reporting
Negotiate and close like a pro
Drive sales team success and negotiate better terms with full visibility into contract details. Unity tracks renewal dates and important terms across vendor, customer, and partner contracts—reduce churn and avoid getting locked into agreements that are no longer valuable.
Effective collaboration among various teams is crucial for successful contract management. Onit's CLM solution facilitates seamless communication between legal, finance, and procurement departments, ensuring that all stakeholders are aligned throughout the contract lifecycle.
By utilizing shared dashboards and real-time notifications, teams can quickly access contract updates and provide input at critical stages. This collaborative approach not only speeds up the approval process but also minimizes the risk of errors and miscommunication that can lead to costly delays.
Automate Compliance Monitoring and Reporting
Compliance is a significant concern for organizations managing numerous contracts. Onit's CLM solution automates compliance monitoring, ensuring that all contracts adhere to regulatory requirements and internal policies. This feature helps organizations avoid penalties and maintain a strong compliance posture.
The system generates automated reports that provide insights into compliance metrics, allowing legal teams to proactively address potential issues. By simplifying compliance management, Onit empowers organizations to focus on strategic initiatives rather than getting bogged down in manual tracking and reporting processes.
Integrate with Existing Business Systems
Onit's CLM solution is designed to integrate seamlessly with existing business systems, such as ERP and CRM platforms. This integration ensures that contract data flows smoothly across various departments, enhancing overall operational efficiency.
With the ability to pull and push data between systems, users can reduce data entry errors and ensure that all teams have access to the most up-to-date contract information. This connectivity not only streamlines workflows but also supports better decision-making based on comprehensive data analysis.
Leverage AI for Predictive Analytics
Utilizing artificial intelligence in contract management can significantly enhance decision-making. Onit's CLM solution incorporates AI-driven predictive analytics, allowing organizations to forecast contract performance and identify potential risks before they materialize.
By analyzing historical data and trends, the AI component can provide actionable insights, helping teams make informed decisions about contract renewals and negotiations. This proactive approach to contract management not only mitigates risks but also drives better business outcomes.
Enhance Contract Collaboration Across Teams
Effective collaboration among various teams is crucial for successful contract management. Onit's CLM solution facilitates seamless communication between legal, finance, and procurement departments, ensuring that all stakeholders are aligned throughout the contract lifecycle.
By utilizing shared dashboards and real-time notifications, teams can quickly access contract updates and provide input at critical stages. This collaborative approach not only speeds up the approval process but also minimizes the risk of errors and miscommunication that can lead to costly delays.
Automate Compliance Monitoring and Reporting
Compliance is a significant concern for organizations managing numerous contracts. Onit's CLM solution automates compliance monitoring, ensuring that all contracts adhere to regulatory requirements and internal policies. This feature helps organizations avoid penalties and maintain a strong compliance posture.
The system generates automated reports that provide insights into compliance metrics, allowing legal teams to proactively address potential issues. By simplifying compliance management, Onit empowers organizations to focus on strategic initiatives rather than getting bogged down in manual tracking and reporting processes.
Integrate with Existing Business Systems
Onit's CLM solution is designed to integrate seamlessly with existing business systems, such as ERP and CRM platforms. This integration ensures that contract data flows smoothly across various departments, enhancing overall operational efficiency.
With the ability to pull and push data between systems, users can reduce data entry errors and ensure that all teams have access to the most up-to-date contract information. This connectivity not only streamlines workflows but also supports better decision-making based on comprehensive data analysis.
Leverage AI for Predictive Analytics
Utilizing artificial intelligence in contract management can significantly enhance decision-making. Onit's CLM solution incorporates AI-driven predictive analytics, allowing organizations to forecast contract performance and identify potential risks before they materialize.
By analyzing historical data and trends, the AI component can provide actionable insights, helping teams make informed decisions about contract renewals and negotiations. This proactive approach to contract management not only mitigates risks but also drives better business outcomes.
