Procurement magazine October 2025 | Page 68

ONIT
TOP 10 – CONTRACT LIFECYCLE MANAGEMENT PLATFORMS

10

Onit

ONIT

EMPLOYEES: ~ 500 CEO: MICHAEL FARLEKAS FOUNDED: 2011
provides procurement teams with the ability to accelerate workflows while reducing contractual risk. Its platform brings structure and automation to contract activities, reinforcing compliance and minimising bottlenecks. By enabling greater visibility throughout the lifecycle, Onit helps procurement teams align contract terms with business outcomes. Practical, reliable and focused on enabling efficiency at enterprise scale, it has cemented its place as a trusted partner in modern contract lifecycle management. Michael Farlekas, CEO, Onit
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68 October 2025