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 rise of free flow of …
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 child at the start of …
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 a multitude of inbound contracts, …
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 key. “In the field” can …
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. Even scanned images into a …
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 a fraction of a second. …
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 proliferation of paper-based processes. With …
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 date on a strategic contract, …
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 the corner will affect them. …
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by Sola Akingbade, MD of Realyst Nigeria The elections this year in Nigeria have ushered in an optimism that the country hasn’t seen for a very long time. The victory of the All Progressives Congress has a number of historically significant features for Nigeria – not least of which is the fact that it is the …
