Realyst E-Book Series:

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…

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….

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…

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…

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…

Digital Transforms the Game of Business – The Forrester Report

Digital Transaction Management has started emerging as a key solution for businesses wanting to stay in the game. We have touched on this topic before in our previous blogs, and the Forrester report highlights the importance of digital transformation in today’s business. Forrester conducted an online survey taken by 400…

Contract Management and the protection of Personal Information Act

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

As a result of the large amounts of information being shared around the world, there are now are various pieces of legislation that have been put into place to protect personal information. The level of protection and the information protected varies depending on the Country or state, or groups of…

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…

Digitisation and E-Signatures: A New Age

There have been many articles written and many discussions had over the upcoming Digital Revolution and its effects on business – particularly with regards to digitizing processes and efficiency. The Second Machine Age by Eric Brynjolfsson and Andrew McAfee discusses these concepts in depth and gives interesting insights into our…