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 …
What if digitising contracting processes could break down the silos between Legal and operations? All organisations are looking at ways of being more effective and efficient, to drive down costs, or increase productivity, or simply to make the customer experience better. But sometimes our own internal systems and business silos, with that protective mentality, get …
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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 …
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 …
From and contract management perspective, and 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 …
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What is Contract Management? Contract Management refers to the management of all contracts made with another party – whether they are vendors, customers, partners or employees. A Contract Manager is required to support and manage contracts, as well as to negotiate and facilitate contract creation. Manual Contract Management Although a software solution for Contract Management …
