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 »
As we face a new normal in 2020 with a drive to work virtually, there is naturally a high demand and growth in the use of e-signatures. A Brief History: The way documents were “signed” to prove their authenticity has evolved from the first wax seals in the 9th century, to the “statute of frauds” …
Electronic signatures versus manually signing paper-based forms, documents and contracts. Your manual processes can expose your organisation to several risks and unnecessary costs. Examples from our contract review consultancy work include: Not being able to identify the signatory Not being able to identify the witnesses No supporting documentation as to the authority to sign Not …
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 »
As contract management software and implementation specialists, the latest release by the IACCM (International Association for Commercial Contract Management) rings true, with a specific warning on comparing “legal tech” to contract management lifecycle software and where contracting impacts on the entire enterprise within a specific, focused discipline. For Organisations seeking Contract Lifecycle Management (CLM) software, …
There are 7 risks that many organisations face if they still have paper-based processes, or rely on spreadsheets and personal work-arounds for tasks that can be easily automated. These manual activities can expose the organisation; Human error, oversight and corporate amnesia Inefficient use of staff time and unnecessary work Poor data collection and quality; insights …
7 Risks in not Automating & Digitising Business Processes Read More »
Going digital is simple – but simple has never been easy. We have taken two decades of experience and learning to distil and offer a best practice approach that makes digital contracting seem simple. The six concepts to consider The essence of an organisation is reflected in the contracts that they enter into Sales contracts, …
