Contract automation

Can automation solve the hold-up problem in contracts?

on July 20, 2021

A hold-up problem in contracts is the situation where after one party has made some relationship-specific investment, the counterparty refuses to fulfil the original terms of the contract asking for better conditions. 

Reading time: 4 minutes. Photo by Kai Pilger on Unsplash.

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traktiCan automation solve the hold-up problem in contracts?

Setting up a bespoke multicriteria vendors evaluation form and procedure

on July 13, 2021

You can use a multicriteria vendors evaluation form to determine the best vendor or supplier based not only on price but also on a full spectrum of concerns. Vendor assessment should support your company’s mission. It should support ethics, and business goals in the areas of technical competence and quality, cost and financial integrity, ability to communicate, social responsibility, and cultural commitments.

Reading time: 4 minutes. Photo by Franki Chamaki on Unsplash.

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traktiSetting up a bespoke multicriteria vendors evaluation form and procedure

How we can use blockchain and smart contracts for supply chain automation to avoid future disruption

on June 8, 2021

The relationship between blockchain and supply chains has developed in recent years. Thanks to concrete examples and successful pilots, blockchain and smart contracts for supply chain automation are now gaining momentum.

In less than a decade we’ve started to see real-world applications and how some industries are already reaping the benefits. Distributed ledger and blockchain technology clearly have many far-reaching implications for global trade and supply chains.

Reading time: 3 minutes. Photo by frank mckenna on Unsplash

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traktiHow we can use blockchain and smart contracts for supply chain automation to avoid future disruption

Lead generation e automatizzazione dei contratti: esempi pratici per convertire i prospect in clienti fedeli

on March 29, 2021

Quand’è stata l’ultima volta che avete acquistato un prodotto che non conoscevate, cliccando su un banner con scritto “CLICCA QUI PER UN’OFFERTA IMPERDIBILE”? Esatto, mai. Allora perché i vostri clienti dovrebbero farlo? In questo articolo parleremo dell’importanza del purchase funnel, dalla lead generation e automatizzazione dei contratti, e degli esempi concreti per convertire il prospect in customer.

Reading time: 3 minutes, Photo by Campaign Creators on Unsplash

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traktiLead generation e automatizzazione dei contratti: esempi pratici per convertire i prospect in clienti fedeli

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

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traktiSmart Contracts and Tokens for supply chain automation

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

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trakti1 solution, 5 benefits: track trace and automate your contracts with Trakti

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

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traktiHow to quickly activate client onboarding automation for your business