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Description
Streamline and automate the entire contract lifecycle—from initiation and creation to negotiation, execution, and expiration. Provide your organization with comprehensive visibility into all contracts, enhancing compliance, reducing risks, and boosting employee productivity. Utilize our automation solutions for more intelligent contract drafting and effective tracking of contract information. Implement automated workflows for crucial processes such as contract creation, review, registration, renewal, termination, and requests for contract modifications. Monitor outcomes from public expenditures to ensure that payments align with performance metrics. An escalation matrix, integrated from the client's active directory, will systematically establish the escalation hierarchy. Additionally, maintain a clause repository that includes essential information on contract clauses, such as clause ID, name, and content, to facilitate efficient contract management. This comprehensive approach not only enhances operational efficiency but also ensures that all stakeholders are well informed throughout the contract lifecycle.
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.
API Access
Has API
API Access
Has API
Integrations
BusyLamp
Microsoft Word
Onit Legal Holds
Onit Legal Service Requests (LSR)
Onit Spend Agent
OnitX ELM
ReviewAI
Unity ELM
Integrations
BusyLamp
Microsoft Word
Onit Legal Holds
Onit Legal Service Requests (LSR)
Onit Spend Agent
OnitX ELM
ReviewAI
Unity ELM
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Newgen Software
Founded
1992
Country
United States
Website
newgensoft.com/solutions/enterprise-service-management/contract-lifecycle-management/
Vendor Details
Company Name
Onit
Founded
2011
Country
United States
Website
www.onit.com/products/clm/onitx-clm/
Product Features
Contract Management
Buy Side (Suppliers)
Completion Tracking
Compliance Tracking
Contract Lifecycle Management
Electronic Signature
Full Text Search
Government Contracts
Pre-built Templates
Sell Side (Customers)
Specialty Contracts
Version Control
Workflow Management