Enterprise Apps can help your legal department transform the way it works. In one example, Onit partnered with a large Fortune 500 client to deploy an NDA App. The company’s in-house legal department processed upwards of 10,000 NDAs annually, with an average turnaround time of 16 days. Onit developed and deployed within a month, a prototype App to handle global submission, negotiation and electronic signature of NDAs that supported the existing demand.
The company processed over 1,000 NDAs in the first month of deployment, with the completion time reduced to just 24 hours (that’s a 95% reduction from the previous average.) 90% of the NDAs were processed without lawyer involvement.
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