Origin Systems

Origin Systems


Launch date
Employees
Market cap
-
Enterprise valuation
$35m (Public information from Sep 1992)
Austin Texas (HQ)
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DateInvestorsAmountRound

$35.0m

Valuation: $35.0m

Acquisition
Total Funding-

Recent News about Origin Systems

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More about Origin Systems
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Updraft is a legal and software consultancy providing niche compliance, contract drafting and risk management solutions to many of South Africa's largest companies. Our services support approximately 150,000 businesses and more than 1.75 million individuals. Larger corporate clients include Sappi, Old Mutual, Pioneer Foods, AVI, Oceana, Massmart, Fidelity Insurance, Distell, Hollard and Telesure.

Built by lawyers, for lawyers, the systems solve the unique compliance, risk management and drafting challenges faced by in-house lawyers. Key elements include a 90% reduction in drafting time; document management; advanced reporting; data security, and reminders of upcoming contract expiries, escalation clause anniversaries and condition precedent deadlines.

Uniquely, we recognise that in-house lawyers simply don't have time to implement software solutions. Our legal team therefore handles the end-to-end implementation of the solutions - tailored to the specific contract precedents, circumstances and challenges of the client. For the full story, see www.updraftsoftware.com