Like everybody else in insurance services, your organisation is probably full steam ahead trying to adapt to the new way of working due to the restrictions on human physical interaction. Realyst’s focus in 2021 is to help organisations fill the gap between manual base processes, and digital transformation. Realyst acknowledges that enterprise grade solutions need …
Covid-19 has heavily influenced how businesses interact with internal and external stakeholders. The biggest change is arguably how consumers now prefer insurance service providers with less hassle and paperwork. Digital transformation has created endless opportunities for organizations to improve customer experience and optimize workflow processes. However, the document approval and sign-off process has often been …
The impact the pandemic had on business in 2020 has created heightened urgency to protect revenues and reduce costs. Because Contract Lifecycle Management (CLM) plays such a vital role in achieving just this, will 2021 produce a new focus on the way contracts are created, signed and managed? Many still believe that a digital and …
What Would Contract Lifecycle Management look like in 2021? Read More »
Contract Management initiatives have suffered from a lack of quantifiable benefit, sidelining the value to simply improving governance and compliance. Over the last two decades research houses have made a stab at the financial benefits, anything from 2 to 7% on procurement spend, improvements in revenue collection, to 9% of a company’s value. Capturing and …
The Digital Agreement Process: While many processes are still paper based, including the generating of agreements and the signing thereof, its less feasible in a virtual environment. When you contrast the digital process with the process flow of doing it “the old way”, you will find: Selecting the right template can be done in seconds …
The importance of Contract Lifecycle Management (CLM) software in the age of working from home, and the inevitable digital drive that follows. Much has been written about the impact that the Corona Virus has had as a result of global lock downs and staff being instructed to work from home. Reports from some of the …
The virtual office and electronic/digital signatures, in lock down and beyond: Without much notice, staff are sent home to work remotely. The impact resulting from this is multifold; old paper-based processes becoming difficult. Organisations are ill equipped for this change, and so efficiency and productivity plummets. An Enterprise Electronic Signature application can make a significant …
Will virtual offices and working from home become the new normal? Will this speed up digital initiatives? The outbreak of the Corona virus has abruptly forced organisations around the World to instruct or encourage their employees to work from home. As a result, the vast majority have been left unprepared, from staff to infrastructure and …
Will virtual offices & working from home become the new normal? Read More »
There are 4 different types of signatures the business world, and often the definitions can be mixed up or blurred. Let’s take a moment to clarify: 1. The Wet Signature: Is any physical mark on documents created by a person. In most cases it’s writing your name in cursive on a piece of paper, document …
Contract Lifecycle Management has many benefits for corporations within the Mining Industry. In this case study, we explore what some of these benefits are and how they applied to a client of ours. Shortly before going live with our CLM software application we asked our client three questions: Why they embarked on a contract lifecycle …
A Case Study for Contract Lifecycle Management in the Mining Industry Read More »
