When two years ago Thomson Reuters Regulatory Intelligence asked financial-services firms which was the greatest compliance challenge they expected to face in 2020, most of them answered “keeping up with regulatory change”.
Compliance became a thing soon after the 2008 financial crisis, and regulations have been changed many times since then. Thus, companies have been struggling to allocate the budget appropriately to face the increasing cost of compliance.
There are plenty of tools, software, and platforms helping you to succeed in your business, to organize the daily work and collaboration but what are the Best Automation Tools to adopt in your company?
If you are ready to change, with this blog post, we want to help you navigate the automation opportunity in the different company functions.
The COVID-19 pandemic is challenging procurement teams to rethink the whole Supplier Qualification and Onboarding process, with active suppliers adjusting how they work, and new suppliers bypassing the qualification process for initial onboarding to keep operation flowing.
However, the Supplier Qualification Management (SQM) is essential to mitigate all the risks connected to the onboarding process, which can seriously affect your business. That’s why in this article we are going to define what is Supplier Qualification and why you need to implement right the qualification for initial onboarding.
When you think about how to align and automatically update CRM data with contract data, it’s important to consider the benefits of streamlining the entire contract process. Superior contract management solutions take advantage of customer relationship management (CRM) technology to deliver a client-focused service for your business.
Redesigning your contract using Legal Design Principles presents a way to streamline contracts to make them more understandable to everyone who reads them. Achieving such a level of standardization means your contracts are clear, legible, and binding.
The COVID-19 pandemichas had a dramatic effect on global trade, disrupting industries, economies, and supply chains. Prolonged lockdown periods caused a supply and demand shock. Governments, businesses, and individual consumers struggled to procure basic products and materials. Most of them were forced to confront the fragility of the modern supply chain to achieve better supply chain resilience.
L’offerta di tecnologia as a Service è cresciuta esponenzialmente negli ultimi anni soprattutto grazie al Cloud Computing. Il risultato pratico di velocità, semplificazione e sicurezza nella gestione delle attività d’impresa ha mantenuto a lungo in ombra gli aspetti più nevralgici legati alla scelta della migrazione sulla nuvola, primo fra tutti quello della preoccupante asimmetria contrattuale determinata dal gigantismo delle BigTech (Amazon Web Service, Google, Apple e altri). Come fare? Combinare Cloud computing e Smart Legal Contract può aiutare? Vediamolo insieme.