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.
When does your client get the first impression of your business? Let me answer for you: the real impression begins when the client has started to do business with you. In this crucial phase you must not fail or be caught unprepared.
Client onboarding automation is complex and must be performed in compliance with rules and regulations, maintaining control of processes, and protecting data and information.
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 unacattiva 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!
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?
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.
Blockchain and smart contracts: We are on the verge of seeing smart contracts become mainstream with applications in real business environments. Their simplicity and seamless integration savestime, creating a world of improved economic efficiencies, and reduces legal spend and internal cycle time, while ensuring absolute transparency and control.