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Category Archives: Digital Contract Management

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3 Ways to Implement a Streamlined Contract Management Approach for Complex Customer Agreements “It’s 8:45 on a Friday night. After four days, contract negotiations are finally over. All the parties involved have agreed to the terms and conditions, and the responsibilities of everyone have been committed to paper. The CEO…

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…

Digitising and automating the contract management process

Practically, let’s step back and take a look at how most organisations manage their contracting cycle. To do this, we will be using the sales process as an example. Each organisation has a sales force. Typically, the sales team go out in the field with paper-based contracts covering a large…

Contract Management

What is Contract Management? Contract Management refers to the management of all contracts made with another party – whether they are vendors, customers, partners or employees. A Contract Manager is required to support and manage contracts, as well as to negotiate and facilitate contract creation. Manual Contract Management Although a…