Digitisation – Page 2 – Realyst Contract Management

Where does an organisation start in automating contract processes?

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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Platforms

About Realyst, Contract Management, Digital Contract Management, Digital Transaction Management, Digitisation / By Realyst Contract Management

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 …

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Know Your Customer

About Realyst, Contract Management, Digital Contract Management, Digital Transaction Management, Digitisation, KYC / By Realyst Contract Management

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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Digitising contracting processes & breaking down silos

Digital Contract Management, Digitisation / By Realyst Contract Management

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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Going Paperless in Schools and Universities

Paperless Schools and Universities

Digitisation / By Realyst Contract Management

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 …

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Digital disruption for legal professions

Digital Disruption in Legal Professions

Digitisation / By Realyst Contract Management

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, …

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Impact of Digitisation for Sales

Digitisation / By Realyst Contract Management

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 …

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Digital Transforms the Game of Business – The Forrester Report

Digitisation / By Realyst Contract Management

Digital Transaction Management has started emerging as a key solution for businesses wanting to stay in the game. We have touched on this topic before in our previous blogs, and the Forrester report highlights the importance of digital transformation in today’s business. Forrester conducted an online survey taken by 400 people, and 5 qualitative interviews …

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Thoughts and Future Trends in Digitisation From World Economic Forum In Davos 2015

Digitisation / By Realyst Contract Management

Technology is Disrupting Markets In an article by the wefmediateam discussing how technology is disrupting markets, the Financial Industry workgroup of a year ago described the mood around digitization. Their conclusion was that people and organisations are in denial, largely due to the highly regulated nature of the industry. Innovation in the industry a year …

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Global trends and the impact of digitisation on the organisation

Digitisation / By Realyst Contract Management

Due to rapid digitisation, the world is facing significant economic changes, with reduced growth rates, aging populations, the risk of stagnation, declining consumer spending and rising unemployment only being a few of the problems we are experiencing. Against this background, organisations are now presented with the risk of disruptive technologies – technologies that are opposing …

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