Contract management Archives - Page 4 of 6

Trakti Contract obligation management and control Photo by Nick Fewings on Unsplash

Obligation management and controls with Smart Legal Contracts

on June 30, 2021

Contract obligation management and controls with smart legal contracts offer a more secure and streamlined way to achieve an effective and automated contract management system.

Contract management has long been the norm for many industries looking to streamline their supplier and vendor relations. However, the process of managing contract creation, execution, and analysis has historically been plagued by inefficiencies and error due to the manual work involved. That is why we’re seeing a new standard in the form of contract obligation management and control with smart legal contracts.

Reading time: 3 minutes. Photo by Omar Flores on Unsplash.

What are Smart Contract Oracles and Why We Need Them

on May 31, 2021

Smart Contract Oracles are the bridge that connects blockchain to real-world data. Oracles enable smart contracts’ functionalities to extend beyond the chain they run on.

Reading time: 3 minutes. Photo by Greg Rakozy on Unsplash

How to align and automatically update CRM data with contract data

on May 18, 2021

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.

Reading time: 3 minutes. Photo by Austin Distel on Unsplash

Redesigning contracts using Legal Design Principles

on May 17, 2021

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.

Reading time: 3 minutes. Photo by Ben Kolde on Unsplash

Supply chain resilience in the face of a global pandemic

on May 12, 2021

The COVID-19 pandemic has 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.

Reading time: 3 minutes. Photo by Brett Jordan on Unsplash

Streamline supplier onboarding and reduce counter party risk

on April 26, 2021

There are several steps to follow if you want to streamline supplier onboarding and reduce counter party risk. These strategies can help you set up a process and and improve efficiency.

Reading time: 4 minutes. Photo by Ricardo Resende on Unsplash

How Asset tokenization will transform financial markets for good

on April 19, 2021

The tokenization of assets is creating a new economy by reshaping financial markets through the inherent qualities of DLTs. Asset tokenization is creating a new financial market that is more democratic, efficient, and global.

Reading time: 5 minutes, Photo by Donny Jiang on Unsplash

Contract management