customer relationship management technology
Published on : Dec 9, 2022
New integration with Salesforce and SAP Ariba increase productivity and connect legal workflows more closely to key business departments
Onit, the leading provider of enterprise workflow solutions, including enterprise legal management (ELM) and contract lifecycle management (CLM), today announced a set of feature upgrades to its CLM solution that enrich data analytics and more closely tie contract processes with key stakeholders across the enterprise — from procurement to sales.
Onit CLM’s release addresses two challenging areas of the contract management process: reporting and analytics and system integration. The reporting dashboards leverage AI and data insights to help business leaders minimize risk associated with clause violations, such as force majeure, payment terms and intellectual property from customer-defined contract rules. New system integration with major CRM and ERP systems like Salesforce and SAP Ariba increases efficiencies in critical legal and claims workflows, meeting customers where they work and making work flow seamlessly. In short, the integration with Salesforce and SAP Ariba bring Legal workflows closer to the business.
Onit CLM’s set of newly released features includes:
Applying Onit CLM’s new dashboards and integration to current contract management processes allow users to make real-time decisions about clause violations and new or obsolete contract language while simultaneously achieving seamless data transfer between core business systems to avoid migrating data outside of workflows.
Onit CLM’s risk analysis dashboard is available to customers using Onit’s ReviewAI for contract review and drafting, and clause usage dashboards are available to customers with a Tableau license. The system integration is available to customers using SAP Ariba or Salesforce, with the Salesforce integration soon available via the AppExchange.
“An end-to-end CLM solution connects legal teams more closely to key business departments such as Sales, IT, HR, Business Operations and more while elevating collaboration, efficiency and productivity across the enterprise,” said Mary Fuzat, VP of Product at Onit. “By leveraging more AI-powered insights and further integrating with common front- and back-office systems, Legal has the opportunity to empower the business to focus more strategically and efficiently — while still protecting the company.”