Trakti Smart "Legal" Contracts Blog

Why are digital signatures important for contract compliance

on March 18, 2025

It’s safe to say that not many suppliers, if any, like receiving paper contracts and processing a bunch of paperwork. And once that paperwork is filled out, staff has to scan or manually enter information from those paper forms. It’s inefficient and time-consuming, and it’s why more and more companies are using digital signatures for contract compliance.

With e-signatures and digital forms, businesses can electronically fill out the forms at their convenience, and data is sent to the supplier automatically, so no more paperwork is necessary.

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Re-thinking your contract for a better world

on February 24, 2025

Data-driven organizations are able to make informed decisions and improve their efficiency by collecting and analyzing the data they need to make informed decisions. This is done through the use of tools and techniques that are designed to help them collect and analyze the data they need to make their decisions. When properly managed, the quality of contract data can help organizations reduce their cycle times and improve their operational efficiency.

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Capitalising for Contract data to optimize and orchestrate processes efficiently

on February 24, 2025

You have all the data that your company’s contracts contain, but what do you do with it? Organize it? Optimize it?
There is a huge amount of data that you can get by using a contract data management system and leveraging Smart contract functionality.
It will allow you to extract valuable information from your contacts and improve the efficiency of your operations.
So let’s learn more about capitalising for Contract data to optimize and orchestrate processes efficiently.

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Capitalizzare i dati contrattuali per ottimizzare e orchestrare i processi in modo efficiente

on February 24, 2025

Hai tutti i dati contenuti nei contratti della tua azienda, ma cosa ne fai? Li organizzi? Li ottimizzi?
Un sistema di gestione dei dati contrattuali, sfruttando la funzionalità degli Smart contract, ti consente di ottenere una grande quantità di informazioni preziose. Questo ti permetterà di estrarre dati di valore dai tuoi contratti e migliorare l’efficienza delle tue operazioni.Scopriamo quindi come capitalizzare i dati contrattuali per ottimizzare e orchestrare i processi in modo efficiente.

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Trakti for loyalty reward programs in the finance industry

on February 20, 2025

Blockchain-based loyalty programs are a new rising trend and finance, banks and insurance companies can take advantage of this technology.
While online, customers look for the best deals also on banking, financial and insurance services.
Financial services industry is on the brink of a digital transformation and requires a tool to incentivize online interactions.
Trakti Smart contracts can boost your customer loyalty programs.

Reading time: 4 min

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How to implement your suppliers onboarding process

on February 17, 2025

Digital transformation is essential nowadays for business growth and the development of an integrated organisation is undoubtedly a strategic choice. Setting up an agile system can favour the management and operational aspects, allow more effective monitoring and control of operations, minimising the risks that may impact the company’s business.  
In this ‘risk-based thinking’ approach, supplier onboarding processes also evolve.
In this article we will see how to implement your suppliers’ onboarding process in an effective, efficient and smart way.

Reading time: 4 minutes.

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Self-executing contract management

on January 29, 2025

No code automation and self-executing contract management sound the same. However, there are subtle differences between the two. Here’s how you can identify which of the two is right for your business.Contract management and contract automation both address similar needs. But self-executing contract management requires very specific technology to work.

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