Managing and overseeing contract execution can be difficult, stressful, and time-consuming. Manual contract risk assessment can cost organisations money and time. It can also lead to costly and potentially disastrous instances of contract management.
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Increase sales compliance through contract automation
on December 3, 2021Blockchain has the potential to fundamentally change the way organizations do business.
In the retail sector, blockchain is finding a lot of applications: from revolutionising loyalty programs and digitising product warranties to potentially allowing for the development of peer-to-peer marketplaces that could compete with the likes of eBay or Airbnb.
Let’s see how increase sales compliance through contract automation …
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Read moreHow to embed ESG Strategy & Climate clauses in your contracts and why they are a must-have
on December 2, 2021Even though COP26‘s outcome was not perfect, it is clear that we all have a responsibility towards our planet. And now is the time to act.
Individual citizens aside, the first ones that are able to make an impact in this area are companies, especially the ones that depend on a global supply chain network (for example) or a large ecosystem of suppliers and partners.
A clear and effective strategy for ESG has become a “must-have” for businesses.
Let’s have a look at the benefits of implementing sustainable business, climate clauses and obtaining green credentials…
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Read moreHow to create a contract template in 5 steps in Trakti
on November 17, 2021Today legal departments use tons of Word files and emails as work instruments, so files like contract templates can be distributed and used in a quick and easy way. This method, as effective as it may be, produces overheads that cost the company a great deal in terms of money and time.
The problem lies in the instruments that are used: they’re simply not fit for purpose! If you continue to draft and distribute your contract template this way the cost of compliance will soon become a big problem.
So let’s have a look at how we can solve this problem!
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Read moreThe 5 Best Automation Tools to boost your Business
on November 15, 2021There 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.
Read moreWhy e-Signature is so important in the Digital Age
on November 10, 2021With the advancement in technology, more and more organizations are moving to e-signatures as they are efficient, safer, reliable, and quicker as compared to the traditional means of signing.
The traditional signing of documents means printing out those papers, signing them, and sending them via mail or even through email as well as storing, distributing, and more which not only wastes a lot of paper but time as well.
Innovating Contracting in Real Estate
on October 28, 2021Real estate, as in all commercial fields, has been a victim of the great uncertainty that the pandemic has brought to most industries.
There has been a drop in the number of contracts that have been signed. And the investment risk in real estate has grown, especially in the commercial sector.
Many people were not ready to manage negotiations through digital systems and didn’t have the tools to rent out apartments or commercial properties during a lockdown.
So how to implement contract innovation in real estate? Keep reading to find out 😉
Photo by Aleksandar Pasaric from Pexels
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