Companies can achieve better Blockchain mediation and arbitration with smart contracts. Blockchain’s capacity to expedite and simplify the entire commercial process will have a flow-on benefit to both the enforcement and procedural components of arbitration.
Reading time: 3 minutes.
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Maintaining business continuity requires managing threats and the risk of business disruption. Disruptive events can stem from financial, operational, cyber, ESG, natural disasters, and supply chain disruptions.
Predicting disruptive events can be challenging, especially when referring to unknown risks that can arise suddenly.
Organisations can reduce risk exposure and even eliminate the impact of a particular type of risk event through careful planning, the use of tools, and the adoption of effective risk management processes.
Reading time: 3 min
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In today’s fast-paced world, automation has become integral to every business process. It has proven to be a game-changer for HR teams who can leverage it to streamline operations, save time, reduce errors, and improve productivity. By implementing automation, human resources teams can focus on more strategic tasks requiring human intervention, such as building employee relationships and improving employee engagement.
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NFTs are business keys of the future “metaverse”. The Non-Fungible Tokens (NFT) indicate a digital certificate of authenticity to uniquely identify a digital product created on the internet.
Each NFT contains a unique serial number, known as a hash. This cryptographic key is generated from a specific digital file and makes NFTs traceable and incapable of duplication.
However, while technological progress advances, a review of the protection system is required to follow digital development and to guarantee legal protection, even to NFTs.
Reading time: 5 minutes
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Few months ago, we have proudly announced Trakti New Released 2.8. Today we are happy to give you a deep dive on how to set orders within your contracts template and most important how to track them!!
Reading time: 4 minutes
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An onboarding process is articulated and requires planned coordination between the new employee and the diverse departments of a company. This process should be focused instead to facilitate the integration for the new hires and allow them to learn more about the organisation, the requirements of the new role, the new team, the values, and the philosophy of a company. Setting up an integrated and agile plan for new employees can improve productivity, retain the best professionals in the company, and reduce Human Resources costs.
Reading time: 3 minutes.
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Business requirements should inform every investment in new software and technological infrastructure. You don’t launch a new project, purchase a new piece of software, or develop a new process unless it’s in response to a core business need.
But understanding exactly what that need it can be a challenge in itself. It starts with learning how to align procurement with business requirements.
Taking the time to carefully identify, analyse, and document your core business requirements can lead to a smoother procurement process with an outcome that delivers measurable results.
Reading time: 4 minutes
