A project always starts with a signed contract detailing all expectations and deliverables in order to have the outcomes of the project. But due to the complexity of paper-based contract management, this process can be viewed as a full part of project management.
For companies that interact with multiple parties on a day-to-day basis or those with large projects, mental health and contract management go hand in hand. One wrong contract means delays in shipping, stocking or payment and can really affect risks management, performance maximization and communication management.
Do you know how well your sales representatives are reviewing every contract prior to signing it? Does their performance meet your expectations for a quality customer experience? Are they following all the correct processes, remaining compliant, and getting the outcomes you want? The only way to answer all these questions is by learning how to set up and streamline an effective offer evaluation.
Traditionally, procurement has been viewed as a function of the back office, but this area is now the target for intelligent automation. In fact, many organizations are expanding procurement into playing the role of a strategic partner for driving enhanced cost savings, efficiency, market resiliency, and business objectives. In addition, intelligent automation can empower this particular transformation.
Unquestionably, procurement should be focused on improving business process speed so that employees will have more time on their hands to focus on higher-value projects. As such, this is where much of intelligent automation’s value can be found – by dramatically reducing the number of error-ridden repetitive tasks and processes.
Socially responsible operations that track factors like environmental, social, and governance principles are more than just a feel-good phenomenon. They can affect credit risk and investment performance as well as your relationship with clients and vendors. In the era of climate change action and corporate social responsibility, managing ESGs through smart contracts is the next step in propelling businesses to high performance.
ESG criteria refer to Environmental, Social and Corporate Governance factors that are taken into account when investing in a company. Although their origin dates back several decades, they have become a reference for socially responsible investing in recent years.
Trakti è orgogliosa di annunciare di aver ottenuto insieme a Leonardo, il prestigioso riconoscimento di “President’s Award – Designing for the Future” presso all’ Innovation & Excellence Award 2022 organizzato dal Word Commerce & Contracting svoltosi lo scorso 23 giugno 2022 a Londra.
At Trakti, we are honoured to announce and share the prestigious recognition of special “President’s Award – Designing for the Future” at the Innovation & Excellence Awards 2022 received together with Leonardo, on the 23rd of June 2022 by Word Commerce & Contracting (WorldCC) in London.
Le aziende si affidano ai contratti per stabilire le basi dei loro rapporti professionali e per definire le procedure da adottare. Le tipologie di contratto oggi possono essere molteplici e variano a seconda delle diverse categorie coinvolte. Per le persone comuni, in genere i contratti sono accordi che consentono alle imprese e ai singoli d’incontrarsi e di collaborare per definire esigenze e bisogni specifici.
La pandemia ha spinto molte aziende ad abbracciare nuove tecnologie. La tecnologia blockchain, in particolare, contribuisce all’innovazione delle imprese nella gestione dei contratti e per eseguire, tutta o solo una parte, degli accordi legali.
Gli Smart Contracts sono dei contratti digitali, memorizzati su una blockchain che ne garantisce trasparenza ed immutabilità: ogni transazione viene resa pubblica in un database condiviso e i blocchi sono protetti da crittografia.