Trakti | Smart Legal Contract Blog - Page 21 of 23

Smart Contracts and Tokens for supply chain automation

on March 24, 2021

Smart contracts and tokens for supply chain automation are of paramount importance.

Tokens are digital entities that may be used as a digital representation of physical assets (ingredients, subproducts, etc.) and information. Furthermore, with tokenization, suppliers reap the ultimate benefits of blockchain assets. Tokenization forbids duplication, making it non-fraudulent and ensuring accurate tracking and proof of ownership in a transaction. And not just these.

Reading time: 4 minutes,Photo by Arisa Chattasa on Unsplash

How Smart Contracts and Tokens enable customer loyalty in the physical world

on March 23, 2021

How can smart contracts and tokens support your fidelization strategy? How can you enable customer loyalty in the physical world? How your company benefits from utilizing them?
Tokens can provide valuable data to help retailers better understand their customers, becoming a key to a more effective ad-targeting, and, ultimately, to a growth in sales.

Reading time: 4 minutes, Photo by Nathan Lemon on Unsplash

Smart procurement in the digital age: how procurement will look like in 2025

on February 22, 2021

How procurement is evolving over time and how procurement will evolve to smart procurement in the digital age?

As strategic sourcing becomes more predictive, transactional, data driven procurement is becoming more automated, and supplier relationship management is becoming more proactive. Smart procurement in the digital age need to be integrated through intelligent procurement operations that help companies reduce risk and scale to their growing needs.

Reading time: 4 minutes, Photo by Brett Jordan on Unsplash

How to accelerate onboarding and reduce counter-party risk?

on February 8, 2021

Lots of companies still manage the supplier onboarding process manually, however expensive, time consuming and inaccurate it is. How to accelerate onboarding and reduce counter-party risk? What if you can easily handle it thanks to a single smart automated solution?

Trakti provides KYC and AML integration with trusted third party software to accelerate onboarding and reduce counter-party risk. Our end to end solution automate and simplify suppliers checking, tracking and auditing during the onboarding process. Our integration with trusted partners like W2, Spaziodati and Qii reduce your contract counter-party risk and effectively combat financial crime with compliance solutions.

Read the article to discover more.

Reading time: 4 minutes, Photo by Usman Yousaf on Unsplash

1 solution, 5 benefits: track trace and automate your contracts with Trakti

on February 2, 2021

Why is technology important when talking about contracts? Well, because you want your business to be up-to-date, you want to have both enthusiastic clients and employees and most of all you want a growing quality company. To achieve these goals, you need to make procurement smarter, faster and more transparent. In other words, you need a Smart Contract Lifecycle Management (SCLM) solution to track trace and automate your contracts.

There is more than a reason you should switch to a smart legal contract management solution, and we are going to analyse all of them in this article!

Tempo di lettura: Photo by aaron boris on Unsplash

Trakti Client Onboarding automation Jean Gerber

How to quickly activate client onboarding automation for your business

on February 1, 2021

When does your client get the first impression of your business? Let me answer for you: the real impression begins when the client has started to do business with you. In this crucial phase you must not fail or be caught unprepared.

Client onboarding automation is complex and must be performed in compliance with rules and regulations, maintaining control of processes, and protecting data and information.

Tempo di lettura: 3 minuti, Photo by Jean Gerber on Unsplash

Trakti Persuade Counterpart luis villasmil

How to persuade counterparts to digitise contract collaboration and management

on January 13, 2021

Contract Lifecycle Management (CLM) tools have promised a lot: faster and more efficient contracts, best contract collaboration and management, tracking changes, time savings and reduced costs and risk of errors. But there is still a big hurdle to overcome to digitise contract collaboration and management: how to make your platform attractive to your counterpart?

Here are some tips!

Tempo di lettura: 3 minuti, Photo by Luis Villasmil on Unsplash

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