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What is Ultria Orbit?

For more than a decade, the Ultria Team has dedicated itself to applying Practical Artificial Intelligence to improve Information Governance for prominent global businesses. The inception of Ultria's AI-focused strategy for contract management arose from the urgent needs of clients who handle upwards of one million contract line items each year, while others seek support in assessing supply chain risks or evaluating customer orders during mergers and acquisitions. As the regulatory environment becomes increasingly complex and geopolitical tensions evolve, there is a rising need for accurate metadata extraction, reliable clause matching, and thorough risk assessment. This pressing demand led to the creation of a specialized AI element within Ultria’s offerings. This component not only integrates effortlessly with Ultria's Contract Lifecycle Management (CLM) solution but is also crafted to function independently for organizations that do not have a CLM system implemented yet. Ultria Orbit provides a strategic flexibility in its deployment, facilitating a smooth adaptation for companies to meet their unique contract management needs and challenges. By leveraging this pioneering solution, organizations can enhance their ability to handle the intricacies of contract management, ultimately leading to improved operational efficiency and precision in their processes. Consequently, Ultria stands as a beacon for businesses aiming to optimize their governance in the ever-evolving landscape of contract management.

What is OnitX Contract Lifecycle Management?

Take control of your contracts and reduce your organization's exposure to risk with Onit's Contract Lifecycle Management (CLM) software, which features cutting-edge generative AI that enables users to interact with contracts in a dynamic and adaptable way, revealing extraordinary capabilities. OnitX CLM transcends conventional contract management by empowering your organization and its various stakeholders to set their own contract outcomes, eliminating per-user licensing fees while delivering exceptional visibility and oversight. With the aid of a robust rules engine and contract metadata, you can create contracts with necessary clauses efficiently, minimize the number of templates you need to oversee, and ensure all users access the most current and precise language. This forward-thinking approach not only boosts operational efficiency but also encourages collaboration among different departments, guaranteeing that everyone remains aligned and informed throughout every stage of the contract process. Ultimately, by leveraging this technology, your organization can navigate contracts with confidence and agility, paving the way for smarter decision-making and improved outcomes.

Media

Media

Integrations Supported

BusyLamp
Microsoft Word
Onit Catalyst for Contracts
Onit Catalyst for ELM
OnitX Enterprise Legal Management
OnitX Legal Holds Management
OnitX Legal Service Management
OnitX Legal Spend Management
OnitX Matter Management

Integrations Supported

BusyLamp
Microsoft Word
Onit Catalyst for Contracts
Onit Catalyst for ELM
OnitX Enterprise Legal Management
OnitX Legal Holds Management
OnitX Legal Service Management
OnitX Legal Spend Management
OnitX Matter Management

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

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

Ultria

Company Location

United States

Company Website

ultria.com/products/artificial-intelligence-powered-contract-management-ultria-orbit/

Company Facts

Organization Name

Onit

Date Founded

2011

Company Location

United States

Company Website

www.onit.com/contract-lifecycle-management/

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