Omi
Intelligent vendor and document management made for modern teams
Description
Omi offers a unified platform designed to streamline financial, contract, and vendor management for modern organizations. It centralizes disparate systems and documents, eliminating the need to juggle information across multiple platforms like spreadsheets, inboxes, and cloud storage. The system provides complete oversight by consolidating contracts, tracking renewals automatically, and offering notifications to prevent missed deadlines.
By embedding financial policies directly into purchase and request workflows, Omi enhances financial control and visibility. It facilitates precise cash flow management through features like invoice reconciliation, accounting software integration, and payment orchestration. The platform aims to simplify complex processes, reduce manual work, and provide actionable insights into spending patterns, ultimately helping teams make informed financial decisions and maintain compliance.
Key Features
- Centralized Contract Management: Consolidates contracts in one place, ensuring they are always up to date.
- Automated Renewal Tracking: Automatically identifies and provides notifications for upcoming contract renewals and expirations.
- Intake and Procurement Management: Establishes a unified entry point for purchase requests with approval workflows for early expenditure visibility.
- Vendor Management: Simplifies tracking and managing vendors alongside their contracts and financial data.
- Financial Controls Integration: Allows embedding financial policies into purchase and request processes.
- Cash Flow Management: Features invoice reconciliation, accounting integration (QBO/Xero), and payment orchestration.
- Spend Insights and Intelligence: Enables exploration of spend categories, access to benchmarks, and trend analysis.
- Document Parsing: Automatically parses contracts and documents to extract key information.
- Integrations: Connects with tools like QBO/Xero, Docusign, Slack, and Google/Microsoft Calendar.
- Search and Collaboration: Allows easy searching and collaboration on contracts within the platform.
Use Cases
- Centralizing scattered contracts and vendor information.
- Automating procurement request and approval workflows.
- Tracking contract renewals and avoiding missed deadlines.
- Enhancing financial control and policy enforcement.
- Improving spend visibility and budget planning.
- Streamlining vendor management operations.
- Simplifying audit preparation and compliance.
- Facilitating FinOps practices through real-time data access.
Frequently Asked Questions
What does Omi do?
Omi replaces manual tracking systems like spreadsheets and scattered document folders. It automatically parses contracts & documents and maintains an updated repository, making it easy to manage contracts, renewals, and budgets.
Who can use Omi?
Omi is designed for founders, finance teams, operators, and anyone needing help tracking important documents and contracts more easily.
What makes Omi different?
Omi is easy to set up, cost-friendly, and doesn't require dedicated procurement teams or extensive training modules.
What documents and contracts can I upload to Omi?
You can upload any document/contract for organization, but Omi provides the most useful insights for contracts tied to payments, such as vendor agreements, software contracts, leases, agency agreements, etc.
Do you offer integrations?
Yes, Omi currently supports integrations with QBO/Xero, Docusign, Slack, and Google/Microsoft Calendar, with more planned.
