Contracts are an important aspect of any business. But without a plan in place, the contract management process can become overwhelming and full of risky manual errors.
There is the need to have a plan in mind to set up a smart contract management process to drive efficiency in organisations.
Reading time: 4 minutes. Photo by krakenimages on Unsplash.
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How procurement is evolving over time and how procurement will evolve to smart procurement in the digital age?
As strategic sourcing becomes more predictive, transactional, data driven procurement is becoming more automated, and supplier relationship management is becoming more proactive. Smart procurement in the digital age need to be integrated through intelligent procurement operations that help companies reduce risk and scale to their growing needs.
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Automatizzare il processo di firma è uno step necessario per un’azienda che guarda al futuro, ma non è il solo! Occorre anche ottimizzare le fasi negoziali, contrattuali e gestionali dei contratti per finalizzare un contratto con successo. Per questo la risposta è: sì, l’eSignature è sufficiente per finalizzare un contratto con successo, a patto che sia integrata in un sistema di negoziazione dei contratti.
In questo articolo vi raccontiamo i vantaggi dell’ eSignature e la differenza tra sistemi di firma e sistemi di negoziazione dei contratti.
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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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Contract Lifecycle Management (CLM) tools have promised a lot: faster and more efficient contracts, best contract collaboration and management, tracking changes, time savings and reduced costs and risk of errors. But there is still a big hurdle to overcome to digitise contract collaboration and management: how to make your platform attractive to your counterpart?
Here are some tips!
Tempo di lettura: 3 minuti, Photo by Luis Villasmil on Unsplash
Contract automation efficiency is no longer a matter of choice. It is a necessity in this digital day and age when users expect a seamless on-boarding experience, which traditional contracting cannot offer. Have you ever had delayed orders, lost customers or missed payments because of contracts that have disappeared or that were not filed properly?
Achieving end-to-end contract automation efficiency can be done in a number of ways. In doing so, your on-boarding journey will become more seamless and integrated as you make use of tools such as KYC check, anti-malware control, identity check, credit check and more from a single point of access.
Simplifying your workflow with contract automation is a great way to free up the time of your team and reduce average turnaround time by 80%.
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Many companies drastically underestimate the importance of contract onboarding, In fact, 22% of companies have no formal onboarding program at all, while 49% only have a partially successful process. But do you know just how detrimental unsuccessful onboarding can be? Employees become less productive, stressed, and feel disconnected from the rest of the team, while customers end up flocking to your competitors.
One way that simplified contract onboarding helps you is by increasing customer engagement. The process benefits new customers, existing ones, and company leaders alike.
Reading time: 3 minutes, Photo by Kelli McClintock on Unsplash
