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Onit Catalyst for Contracts Reviews & Product Details

Onit Catalyst for Contracts Overview

What is Onit Catalyst for Contracts?

Leverage AI with Onit Catalyst Contract Review - Eliminate tedious contract drafting and editing. Gone are the days of spending hours poring over contracts. With Catalyst Contract Review's powerful artificial intelligence (AI) capabilities, you can quickly and accurately draft, review, redline, and edit all types of contracts in a matter of minutes. Increase productivity and reduced turnaround times by 52%+. Non-legal business users can also effortlessly receive a reviewed, redlined, and approved contract via email or self-service portal in less than 2 minutes, thanks to Catalyst Contract Review's lightning-fast AI-powered contract review process. And for those who need more hands-on functionality, our Catalyst Contract Review Word Add-in designed for lawyers and contract professionals automatically drafts, reviews, redlines, and edits contracts against corporate standards, saving you valuable time and effort. The AI skillset of Catalyst Contract Review continuously learns from user feedback and can be easily customized to cater to various use cases, including NDAs, MSAs, purchase agreements, and third-party contract reviews. When paired with Onit's contract lifecycle management system, you get a seamless and efficient AI-driven workflow that automates the entire contract lifecycle from creation to execution. Don't settle for outdated manual contract review processes. Embrace the future of contract management with Catalyst Contract Review and experience unparalleled speed, accuracy, and productivity. Increase consistency, reduce risks associated with missed obligations, and speed up the contract negotiation process. Say hello to smarter contract review and goodbye to contract headaches!

Onit Catalyst for Contracts Details
Languages Supported
English
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Product Description

Software that uses artificial intelligence to quickly draft, review, redline, and edit all types of contracts.


Seller Details
Year Founded
2011
HQ Location
Houston, TX
Twitter
@onitapps
718 Twitter followers
LinkedIn® Page
www.linkedin.com
408 employees on LinkedIn®
Description

Onit is a global leader of workflow and artificial intelligence platforms and solutions for legal, compliance, sales, IT, HR and finance departments. With Onit, companies can transform best practices into smarter workflows, better processes and operational efficiencies. With a focus on enterprise legal management, matter management, spend management, contract lifecycle management and legal holds, the company operates globally and helps transform the way Fortune 500 companies and billion-dollar corporate legal departments bridge the gap between systems of record and systems of engagement. Onit helps customers find gains in efficiency, reduce costs and automate transactions faster.


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Recent Onit Catalyst for Contracts Reviews

AB
Agnes B.Enterprise (> 1000 emp.)
1.5 out of 5
"Limited Customization characteristics"
It does not simplifies the process of managing contracts which not allows me to easily create, track and handle them all in one place. It lacks to ...
EP
Emanuela P.Small-Business (50 or fewer emp.)
1.0 out of 5
"An Disorganized Solution, for Managing Contracts"
Onit Catalyst for Contracts needs to be user friendly and intuitive. It's diffiulr to use. The interface makes contract management hectic. The non ...
IL
Igor L.Mid-Market (51-1000 emp.)
1.5 out of 5
"limits the softwares flexibility"
It is difficult to use and has a non intuitive design of Onit Catalyst for Contracts. It complicated contract management. Makes everything disorgan...
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Onit Catalyst for Contracts Media

Onit Catalyst for Contracts Demo - Contract Summary
Receive a contract review summary that includes a risk profile along with issues and recommendations.
Onit Catalyst for Contracts Demo - AI-Assisted Contract Redlining
Automatically redline Word or PDF contracts with track changes and commentary.
Onit Catalyst for Contracts Demo - Email & Portal Review
Business users obtain AI-assisted contract review in less than 2 minutes through email or a self-service portal.
Onit Catalyst for Contracts Demo - Microsoft Word Add-in
Draft, pre-screen, edit, and review contracts directly in Microsoft Word.
Onit Catalyst for Contracts Demo - Contract Review Templates
Utilize standard review templates or customize contract reviews to ensure corporate standards are being met.
Onit Catalyst for Contracts Demo - Customizable Clause Library
Leverage more than 2,600 clauses created by legal experts or create unique company clauses.
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12 Onit Catalyst for Contracts Reviews

3.8 out of 5
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12 Onit Catalyst for Contracts Reviews
3.8 out of 5
12 Onit Catalyst for Contracts Reviews
3.8 out of 5

Onit Catalyst for Contracts Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons
G2 reviews are authentic and verified.
EP
Principal
Research
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Onit Catalyst for Contracts?

Onit Catalyst for Contracts needs to be user friendly and intuitive. It's diffiulr to use. The interface makes contract management hectic. The non customizable dashboards does not give an overview of all contract details noy ensuring that nothing slips through the cracks. Review collected by and hosted on G2.com.

What do you dislike about Onit Catalyst for Contracts?

The automated workflows are not good as they complicate the contract management process cosnuming me time. The reporting and analytics capabilities are weak and not providing insights that help me make decisions. Review collected by and hosted on G2.com.

What problems is Onit Catalyst for Contracts solving and how is that benefiting you?

The interface feels a bit clunky and outdated which make it diffiult to navigate and find features.I would be better to provide customization options to adapt to our contract management needs. There have also been instances of glitches and slower response times that have led to experiences as a user. Review collected by and hosted on G2.com.

AB
Compensation Manager
Research
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Onit Catalyst for Contracts?

It does not simplifies the process of managing contracts which not allows me to easily create, track and handle them all in one place. It lacks to provide reporting and analytics features. Review collected by and hosted on G2.com.

What do you dislike about Onit Catalyst for Contracts?

The lack of a user interface makes navigating the system quite tedious. The support teams slow response to queries and frequent glitches contribute to an experience. The limited customization options also hinder the flexibility required for contract management. Review collected by and hosted on G2.com.

What problems is Onit Catalyst for Contracts solving and how is that benefiting you?

Onit Catalyst for Contracts is not able to solve the problem of contract management. There is no streamlined workflows and centralized contract repository which lacks to improve collaboration, among team members while reducing errors. Review collected by and hosted on G2.com.

IL
Head of Science Department
Education Management
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Onit Catalyst for Contracts?

It is difficult to use and has a non intuitive design of Onit Catalyst for Contracts. It complicated contract management. Makes everything disorganized in a place. The automation features are somewhat limited; they consumed me a lot of time. Review collected by and hosted on G2.com.

What do you dislike about Onit Catalyst for Contracts?

Being unable to collaborate with my team members and monitor progress in time is a disadvantage. Onit Catalyst for Contracts has complicated our contract management process. Review collected by and hosted on G2.com.

What problems is Onit Catalyst for Contracts solving and how is that benefiting you?

The user interface of Onit Catalyst for Contracts gets a bit cluttered and confusing which makes it difficult to navigate and find the information. There are often loading times that can be frustrating when trying to access or update contract data. Review collected by and hosted on G2.com.

AM
Design Engineer
Civil Engineering
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Onit Catalyst for Contracts?

Onit Catalyst Contract Review simplifies the process of verifying contracts. Its integration, with existing systems like CRM and ERP. Moreover the AI driven software is incredibly user friendly. Review collected by and hosted on G2.com.

What do you dislike about Onit Catalyst for Contracts?

Some users mention that the software lacks customization options for contract formatting and doesnt provide control over the reviewing process. Review collected by and hosted on G2.com.

What problems is Onit Catalyst for Contracts solving and how is that benefiting you?

Onit Catalyst Contract Review solves inefficiencies in contract management. By solving our contract review process it saves us time and minimizes errors. Review collected by and hosted on G2.com.

Moazam Hussain  A.
MA
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Onit Catalyst for Contracts?

This AI built software is efficient and user-friendly in terms of verification for any legal documents. This platform quite unique as it is built in a way that both artificial intelligence and everyday language are combined in such a way to make you feel like a legal department's team within your organization. Review collected by and hosted on G2.com.

What do you dislike about Onit Catalyst for Contracts?

-Firstly, the software 's onboarding system is quite complex although after a certain amount of training and using the software for your projects this issue can be resolved.

-The next program after onboarding was too robust with options that user might get confused as to was has to be achieved. Review collected by and hosted on G2.com.

What problems is Onit Catalyst for Contracts solving and how is that benefiting you?

The Onit Review AI software helps me in formatting of my confidential contracts and agreements by reviewing it to make sure that the document is processed and presented efficiently. Review collected by and hosted on G2.com.

Amit C.
AC
Data Engineer
Enterprise(> 1000 emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Onit Catalyst for Contracts?

enabling users to generate consistent and standardized contracts with predefined clauses, terms, and conditions

easy to track changes,

renewals and expirations by sending automated notifications Review collected by and hosted on G2.com.

What do you dislike about Onit Catalyst for Contracts?

Integration with existing systems, such as CRM, ERP Review collected by and hosted on G2.com.

What problems is Onit Catalyst for Contracts solving and how is that benefiting you?

Had an overview of contract share by team on olm Review collected by and hosted on G2.com.

keerti m.
KM
Manager
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Onit Catalyst for Contracts?

With the advancement of automation and AIML , tools like Onit Contract Management tool l came to help lawyers make contracts easily with no stress via automation and AIMl . Review collected by and hosted on G2.com.

What do you dislike about Onit Catalyst for Contracts?

I don't found anything disliking about Onit AI . I found it very useful . Also it is very easy to use . It is also mostly accurate . We only need to verify it once . Review collected by and hosted on G2.com.

What problems is Onit Catalyst for Contracts solving and how is that benefiting you?

Onit Review AI is used to help lawyers to make contracts . With it a lot of manual step is removed . Lawyers do not need to work on low level details . They can focus where there presence is needed. Review collected by and hosted on G2.com.

Atish S.
AS
Senior Software Engineer
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Onit Catalyst for Contracts?

Onit Review AI is based on Artificial Intelligence and helps to automate contract life cycle for lawyers . You only need to finally review things and you are good to go. Review collected by and hosted on G2.com.

What do you dislike about Onit Catalyst for Contracts?

I don't find anything disliking about Onit Review AI . Though being an AI based software , it can reduce uptp 50%of your effort . Still you need manual effort further. Review collected by and hosted on G2.com.

What problems is Onit Catalyst for Contracts solving and how is that benefiting you?

Onot Review AI reduces upto 50% of manual effort of the lawyers and make things work fast compared to legacy process and hence reduce their mental stress and helps in business. Review collected by and hosted on G2.com.

Greg G.
GG
Insurance Advisor
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Onit Catalyst for Contracts?

Being able to customize workflows with ease. Also it is straightforward to provide essential insights at the dashboard and provide ease of use to our clients. This is like Grammarly on steroids! Being able to work at a pace and have an AI system make sure I'm using the correct legal format or wording is crucial. Any business owner who deals in contracts, NDA's, or anything legally binding needs this. The Precedent Intelligence Platform is a unique platform that puts the machine learning and everyday language to your organization and it feels as if you have a legal team within your business. Even after signatures Onit Review AI will review, prepare and make sure things your documents are in the correct order and format. They have this product called "Audit Compliance" that reviews the document completely. I am a big supporting of Onit Review AI. Review collected by and hosted on G2.com.

What do you dislike about Onit Catalyst for Contracts?

Onboarding was a bit tough at first, but once I got through the training and used it for a couple of projects, I overcame. The only issue we had after onboarding was that the programs was so robust with options. It was easy to get lost in what we are trying to accomplish. But again with the excellent customer service it was easy to move past and overcome. Review collected by and hosted on G2.com.

Recommendations to others considering Onit Catalyst for Contracts:

The reward outweighs the risk with Onit Review AI. It takes minutes to review and has Microsoft Word integration along with a customizable clause library. Onit Review AI will save you time and money. Implementation, when set with the proper expectations, is ready to go as soon as it downloads. One of the exciting parts is that it will reword your writing and write like a lawyer. Onit Review AI is like having a legal administrator in your company. The advice I would recommend to anyone interested in Onit Review AI is to get a demo. The demo team uses accurate life data and applications to provide real-life examples. Review collected by and hosted on G2.com.

What problems is Onit Catalyst for Contracts solving and how is that benefiting you?

The biggest problem I am solving is not sure how to format a contract or agreement. Onit Review Ai gives me the correct format and reviews it to make sure it is being presented correctly. The most significant benefit is not paying for a lawyer or overtime for an employee to sit and go over the documents. Onit Review Ai allows my business to run efficiently as possible. Review collected by and hosted on G2.com.

Verified User in Computer & Network Security
UC
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Onit Catalyst for Contracts?

User friendly, manageable and Accurate for all the documents. Review collected by and hosted on G2.com.

What do you dislike about Onit Catalyst for Contracts?

I don't find anything which I can dislike but actually it works so good. Review collected by and hosted on G2.com.

What problems is Onit Catalyst for Contracts solving and how is that benefiting you?

Time saver, it reduces my work load by its amazing AI and onit review AI works seamlessly and efficiently. Review collected by and hosted on G2.com.