Il futuro dei contratti: Trakti si evolve.

on November 11, 2022

Trakti ha sentito l’esigenza di rinnovare profondamente il suo design, ispirato dai suoi stessi valori d’innovazione, efficienza e semplificazione dei processi. Dopo quasi un anno di lavoro, siamo pronti a presentarvi una nuova veste grafica per il brand, dallo stile unico, personale e riconoscibile.

Tempo di lettura: 4 minuti.

Read more

How to conduct KYC checks (properly)

on November 7, 2022

KYC and related processes such as Anti Money Laundering and identity fraud controls are one of the main challenges that companies and institutions are facing at the moment. 

These procedures are timely and expensive, and many businesses have had to update the way they conduct KYC as they could not rely on the standard methods they had adopted.

Luckily many innovative solutions exist to make the whole thing much quicker. And less expensive. All this while connecting to international databases and making it part of an automated stream for customer and supplier onboarding.

Reading time: 4 minutes.

Read more

Evolving your procurement strategy with relational contracts

on October 29, 2022

Evolving your procurement strategy with relational contracts can be used to increase contract standardization and visibility across the entire supply chain – ensuring contracts are managed appropriately to secure supply and value for the organization. 

Reading time: 3 minutes.

Read more

Eliminating friction points in contracting

on September 20, 2022

If you are following blockchain & bitcoin news closely, you must have noticed something about many billion-dollar companies, as well as Fortune 500 enterprises. They have officially jumped onto the blockchain bandwagon and are working around the technology.

There is a simple reason for this.

Reading time: 3 minutes.

Read more

No code platform for contract management

on September 14, 2022

No code platforms have been gaining traction. In fact, a no code platform for contract management is an essential part of the strategy that reduces cost and drives internal efficiency at scale.

AI is a trusted ally when it comes to replacing repetitive tasks that cause errors, dropped handoffs and wasted time — and no code/low code platforms are the way to do it.

With IT teams occupied with system maintenance and security work, companies are turning to no code platform automation to meet their day-to-day requirements.

Reading time: 4 minutes.

Read more

Why you should digitise your contracts in 2022

on September 9, 2022

The slow but steady move towards web3 means organizations face a host of unprecedented challenges when it comes to digital transformation. With more and more operations and services moved to the cloud, it becomes all the more important for organizations to adapt their internal processes and tools to the new situation, such as digitising contracts.

Read more

Increase customer success via smarter contracts

on March 14, 2022

New contract management solutions are popping up all the time. This push towards new technology makes it hard for businesses to tell a platform with real merit from a flashy gimmick. It’s easy to get lost in a sea of endless choices. But the long and short of it is this: Companies that understand the benefits of blockchain and other technology will likely be positioned to increase customer success via smart contracts.

Smart contracts and blockchain technology are relatively new developments in contract management. So far, we have seen the adoption of smart contracts help with MBO programs as well as make contract negotiation and renewal a snap. Making the process of signing a contract easier for clients is one way to keep everyone on track as well. Perhaps most importantly, the fast transfer of reliable data through a blockchain and the ability to automate payment and contract execution also drastically reduce the amount of time it takes to get paid. 

Read more