Contract lifecycle management

How Smart Legal Contracts can help General Council to innovate in corporate environments

on June 20, 2022

As procedures become more digitised, how to build secure, and digital business agreements it’s become nowadays a widely discussed topic. Smart contracts are the ideal platform for business innovation and to enable sustainable business models. They are legally binding contracts, in which some or all of the obligations are recorded in and/or performed automatically by a computer program.  

Differently from traditional contracts, they are self-executing and self-enforcing and often can be deployed on distributed ledger technology, such as blockchain where data is stored on a public database, and cannot be changed. The transactions can be sent automatically without a third party to deal with the verification and enforcement of the contract.  

Tempo di lettura: 3 minuti

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Sarah GiannelliHow Smart Legal Contracts can help General Council to innovate in corporate environments

CLM e automazione dei contratti: quali sono i benefici per un’azienda

on June 3, 2022

In un’economia globalizzata e competitiva, l’implementazione di strategie di automazione si rivela una scelta cruciale per ogni organizzazione.

Sono ormai noti i vantaggi che l’automazione offre alle aziende: dall’incremento dei ricavi, alla standardizzazione delle best practice al netto miglioramento dell’efficienza e dei tassi di soddisfazione dei clienti.

Tempo di lettura: 4 minuti.

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GiuliaCLM e automazione dei contratti: quali sono i benefici per un’azienda

Managing uncertainty in contracts with a shared approach

on May 17, 2022

Most of our actions and decisions involve others, inside and outside any organisation. The best solutions come from working together and the pandemic caused many people to appreciate the extent of our interdependency. Establishing a win-win collaboration framework would increase communication and clarity within a network and with suppliers.

Developing a solution together, based on shared input and mutual respect, generates a collaborative environment that simplifies coordinating and reconciling multiple opinions. Different groups and functions typically reflect different interests, and rarely organisations speak with one voice.

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GiuliaManaging uncertainty in contracts with a shared approach

Monitoring contract execution and why it is important

on April 28, 2022

The contract execution process seems fairly straight-forward. As it is the last stage of the contract management process, many businesses fall into the pitfall of not actively monitoring contract execution. But there is plenty that could go wrong.

Staying on top of implementing the terms of a contract is usually far more important for its success. For all companies, it is crucial to learn how to monitor the execution of your contracts, and in this article, we want to explain to you why it is important.

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galinaMonitoring contract execution and why it is important

La gestione contrattuale end-to-end incrementa le performance aziendali

on March 21, 2022

Le aziende possono trarre ingenti vantaggi da un uso più consapevole della tecnologia. La soluzioni di gestione contrattuale end-to-end permettono oggi di monitorare tutte le fasi del processo contrattuale e produttivo attraverso la loro automatizzazione. Un approccio integrato consente di semplificare molti processi aziendali e di migliorare la relazione con i clienti ed i fornitori.

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Sarah GiannelliLa gestione contrattuale end-to-end incrementa le performance aziendali

Contract Lifecycle Management adoption: instructions for use

on June 14, 2021

Contract Lifecycle Management is not just about technology, even though it is fundamental to choose the best tool to solve your company’s need. On the contrary, CLM adoption is a collective process, in which the procurement organization, the IT department, and the legal team work together, sharing knowledge seamlessly.

The challenge is to identify the tool that better meets your company’s needs. Let’s see how to find it!

Reading time: 3 minutes. Photo by Severin Höin on Unsplash

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traktiContract Lifecycle Management adoption: instructions for use

Ecco perché lo smart contract life cycle management può ridurre i costi dei contratti

on January 26, 2021

Avete mai sentito parlare di smart contract life cycle management? Se la risposta è no, continuate a leggere! In questo articolo vi spieghiamo non solo come lo smart contract life cycle management può concretamente ridurre i costi dei contratti, ma anche in che modo incide sull’efficienza della vostra azienda.

Se credete di non averne bisogno, pensate che una cattiva gestione dei contratti può costare alla vostra azienda fino al 9% del fatturato annuale. Per cui, ridurre i costi dei contratti si traduce in un miglioramento reale del bilancio finale!

Tempo di lettura: 3 minuti, Photo by NeONBRAND on Unsplash

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traktiEcco perché lo smart contract life cycle management può ridurre i costi dei contratti