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Monthly Archives: September 2017

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Your 4 Key Duties & How We Can Help

Company secretaries are responsible for the efficient administration of a company, particularly with regard to ensuring compliance with statutory and regulatory requirements. As the Company Secretary, you are the key governance professional within your organization. We are aware that the vast responsibilities and duties placed upon you are heavy and time consuming….

POPIA from a Contract Management Perspective

On September 13, 2017, Posted by , In POPIA, By ,,, , With No Comments

Personal information has been defined by the Protection of Personal Information Act 4 of 2013 (“POPIA”) as information relating to an identifiable, living, natural person, and where it is applicable, an identifiable, existing juristic person. The act goes in to further depth in Section 1 (a) to (h). With the inconceivable…

Paperless Schools and Universities

There have been many discussions around paper wastage, inefficient administrative services versus going paperless and digitization, Let’s delve into three areas where we see the most improvement that could easily be made by education institutions going paperless and digital: Paperless Registration Anyone who has ever had to register for university or register their…

Digital Disruption in Legal Professions

What will the commercial profession look like a decade from now? Is it ready for digital disruption? Expensive, time consuming, labour intensive and inefficient processes are open for digital disruption. Let’s look at an example: Ace Limited employs its own internal legal function, one for each business silo, pouring over…

Impact of Digitisation for Sales

On September 13, 2017, Posted by , In Digitisation, By ,,, , With No Comments

How does Digitisation impact Signing contracts or applications in the field? Imagine the benefits of digitising the entire sales process? Many organisations employ representatives in the field, signing up customers or suppliers. In the past, these agreements or applications were paper-based, creating significant administrative and compliance burden. With the digital age, digitisation is…

Why Digitise Procurement?

Why digitise your procurement processes? In over a decade of consulting to both private and public sectors, we at Realyst have noticed a common thread in contract management is: In the past, many of these issues are a result of the cumbersome nature of paper based systems and manual filing systems….

Digital Contracts

Why Digitise Contracts? There are a number of definitions and examples of digital contracts, one of the most common is a typical software license agreement: The purchaser is asked to tick a box to accept the terms and conditions, and an electronic agreement is signed. Completed with one click in…

Paper-based Processes and Digital Strategies

How do paper based forms and contracts align with digital strategies? They don’t. Paper-based processes and digital strategies do not align. Everyone is talking about the new digital age, the value of data, how to improve the customer journey, obtaining an efficient back office… and yet there is still a…

Why is contract management so hard?

For decades now research houses, consultants and software vendors have been preaching the benefits of contract management, often quoting Governance and compliance, collecting all revenue due, shortening the sales cycle, saving money by identifying unwanted contracts, as reasons to adopt a contract management solution or practice. Simply miss a key…

Digital Transaction Management and Contract Management

  Digital Transaction Management: The link back to contract management The world is going digital. Organisations are looking at appointing digital executives, a scramble to understand how the new digital world is going to impact their businesses, what the next disruptive technology will be or how the next start-up around…