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What is OnitX CLM?

OnitX CLM is an advanced contract lifecycle management platform designed to help organizations take full control of their contract processes from initiation to renewal and beyond. It centralizes contract data, documents, and workflows into a unified system, providing a single source of truth for all stakeholders. The platform enables configurable workflows that automate approvals, reduce manual effort, and accelerate contract cycle times. It includes robust compliance and risk management features, allowing organizations to identify and address potential issues before they escalate. OnitX CLM also provides intelligent alerts and obligation tracking to ensure that deadlines, renewals, and commitments are never missed. Integration with eSignature tools enables seamless execution, while AI-powered solutions like ReviewAI enhance contract review with faster insights and reduced risk. The platform offers advanced dashboards and reporting tools, giving teams visibility into contract performance, clause usage, and operational efficiency. Security is a key focus, with enterprise-grade features such as role-based permissions, single sign-on, and multi-factor authentication. OnitX CLM supports collaboration across legal, finance, and business teams by providing transparent and accessible workflows. Its scalable architecture allows organizations to adapt and expand as their needs evolve. By reducing bottlenecks and improving accuracy, it helps businesses close deals faster and recognize revenue sooner. Overall, OnitX CLM delivers a secure, efficient, and intelligent approach to managing the entire contract lifecycle.

What is Newgen Contract Lifecycle Management?

Optimize and automate the entire contract lifecycle, encompassing initiation, drafting, negotiation, execution, and expiration phases. This strategy will afford your organization total visibility over all contracts, leading to improved compliance, minimized risks, and increased employee efficiency. Leverage our automation tools for smarter contract drafting and diligent tracking of contract details. Implement streamlined workflows for key processes like contract creation, review, registration, renewal, termination, and modification requests. Evaluate results from public spending to guarantee that payments correspond with established performance indicators. An escalation matrix, seamlessly integrated from the client’s active directory, will clearly define the escalation hierarchy. Moreover, maintain a comprehensive clause repository that captures vital information on contract clauses, including clause ID, name, and textual content, to support effective contract management. This all-encompassing strategy not only boosts operational productivity but also ensures all stakeholders remain informed throughout every stage of the contract lifecycle, facilitating collaboration and accountability. In doing so, your organization will be better positioned to manage contracts effectively and drive overall success.

Media

Media

Integrations Supported

BusyLamp
Microsoft Word
Onit Legal Holds
Onit Legal Service Requests (LSR)
Onit Spend Agent
OnitX ELM
ReviewAI
Unity ELM

Integrations Supported

BusyLamp
Microsoft Word
Onit Legal Holds
Onit Legal Service Requests (LSR)
Onit Spend Agent
OnitX ELM
ReviewAI
Unity ELM

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided
Free Version
Free Trial Offered?

Pricing Information

Pricing not provided
Free Version
Free Trial Offered?

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Onit

Date Founded

2011

Company Location

United States

Company Website

www.onit.com/products/clm/onitx-clm/

Company Facts

Organization Name

Newgen Software

Date Founded

1992

Company Location

United States

Company Website

newgensoft.com/solutions/enterprise-service-management/contract-lifecycle-management/

Categories and Features

Categories and 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

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