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
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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
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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
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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
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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,
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Where does an organisation start in automating contract processes? We think it’s time to pause and reflect on automating contract processes; where an organisation should be placing the contract management function, who the sponsors should be, and what is most important. To understand where the function should be placed, depends largely on what the organisation
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What exactly is a platform economy, and how does it impact business? Is there immense value, hidden and locked away in our traditional way of thinking? How can we adapt to meet the challenges of the fourth industrial revolution, stay relevant and prevent ourselves from being disrupted? What is a platform and why is it
Do you really know your customer? The topics: Know your customer and customer authentication is becoming more prevalent, and impacting more industries. From Financial Services, to Telecommunications, Medical and Real Estate. Managing these processes and getting to know your customer, both from an on boarding perspective as well as maintaining them, is a nightmare for
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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 looks away from the city
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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. We embarked on a market
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