Omi is an AI-powered document management platform made for finance & operations teams. Consolidate all contract in one place, get notified on renewals and action items, and easily search and collaborate on contracts and vendors.
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Great idea indeed! I know how painful document management is. We have so many service providers and vendors to keep track of, so something like that would be very helpful!
Thanks @anton_volovyk1 - that's so true. When your business is growing quickly it's very easy to forget about all the vendors and services you've signed up for which can have a pretty significant impact on your runway over time.
We love getting feedback, so let us know what you think and how we can make it even better after you sign up and try it out.
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This is fantastic for smaller teams that don't have extra people-power to waste on skimming through pdfs, outdated google sheets, and email for contract terms. Congrats!
@claass Thank you! We want your contracts to work for you, rather than just living in a folder
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Really excited about the features that help me proactively aggregate the relevant team members who should decide if we should renew a subscription. Much easier than having to claw it back after the fact. Looking forward to it!
Thanks for the question @sheikhirfan10!
We’ve talked to dozens of fast growing startups, and most have outgrown their in-house solution (Google Sheets) but are not ready to adopt a full enterprise PO system.
We’re right in the sweet spot of having an easy-to-use self-serve platform for managing your vendor contracts at an affordable price: all your contracts are in visible in one place so you don’t have to switch between spreadsheets, dropbox folders, and other tools to get the information you want. And secondly, the data is updated dynamically - if you drop in a new contract it will automatically update it for you so you don’t have stale or conflicting data that could mislead your financial situation.
We also implement access controls on your contracts, so if you want to add co-workers as owners of specific contracts and only give them visibility to those contracts it’s baked into our platform.
Appreciate the kind words @itsthomson! We're hoping this tool makes it a lot easier to deal with vendor and contract sprawl for fast growing businesses.
Congrats!🎉 We are currently managing contracts with Google Sheets. Omi's price is not cheap, I'd like to know about any unique advantages it offers and what role AI plays.@natechenette
@zenda1122 we heard from customers that worry about renewal timing (eg. negotiation or cancellation windows), mismatches between contractual payment requirements and actuals, cashflow management after accounting for payment terms, and other issues in managing contracts.
Omi helps simplify these processes and others, with features such as renewal reminders, and dashboards for budgeted vs. actual cashflow.
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