Onit
34 Case Studies
A Onit Case Study
Xeris Pharmaceuticals turned to Onit as it prepared to go public and launch its first FDA-approved product, facing growing complexity in contract management. With contracts scattered across shared drives and tracked manually, Xeris needed better visibility, tighter control, and stronger audit readiness to meet strict compliance requirements, including Sunshine Act and insider trading regulations. The company used Onit’s ContractWorks contract management platform to centralize and organize its expanding contract portfolio.
With Onit’s ContractWorks, Xeris centralized more than 6,000 contracts into a single searchable repository, automated alerts and reporting for milestones and policy acknowledgments, and simplified approvals and e-signature workflows. The implementation improved compliance and internal controls, gave department leaders real-time reporting, and reduced average contract turnaround time to just five days.