Negotiation

Increase sales compliance through contract automation

on December 3, 2021

Blockchain has the potential to fundamentally change the way organizations do business.

In the retail sector, blockchain is finding a lot of applications: from revolutionising loyalty programs and digitising product warranties to potentially allowing for the development of peer-to-peer marketplaces that could compete with the likes of eBay or Airbnb. 

Let’s see how increase sales compliance through contract automation …

Reading time: 4 minutes. Photo by Cam Bradford on Unsplash

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traktiIncrease sales compliance through contract automation

Supplier Qualification and Onboarding: definitions and flows for a successful vendor management

on May 19, 2021

The COVID-19 pandemic is challenging procurement teams to rethink the whole Supplier Qualification and Onboarding process, with active suppliers adjusting how they work, and new suppliers bypassing the qualification process for initial onboarding to keep operation flowing. 

However, the Supplier Qualification Management (SQM) is essential to mitigate all the risks connected to the onboarding process, which can seriously affect your business. That’s why in this article we are going to define what is Supplier Qualification and why you need to implement right the qualification for initial onboarding.

Reading time: 3 minutes. Photo by Piermanuele Sberni on Unsplash

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traktiSupplier Qualification and Onboarding: definitions and flows for a successful vendor management

How to align and automatically update CRM data with contract data

on May 18, 2021

When you think about how to align and automatically update CRM data with contract data, it’s important to consider the benefits of streamlining the entire contract process. Superior contract management solutions take advantage of customer relationship management (CRM) technology to deliver a client-focused service for your business.

Reading time: 3 minutes. Photo by Austin Distel on Unsplash

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traktiHow to align and automatically update CRM data with contract data

Supply chain resilience in the face of a global pandemic

on May 12, 2021

The COVID-19 pandemic has had a dramatic effect on global trade, disrupting industries, economies, and supply chains. Prolonged lockdown periods caused a supply and demand shock. Governments, businesses, and individual consumers struggled to procure basic products and materials. Most of them were forced to confront the fragility of the modern supply chain to achieve better supply chain resilience.

Reading time: 3 minutes. Photo by Brett Jordan on Unsplash

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traktiSupply chain resilience in the face of a global pandemic

Cloud computing e Smart Legal Contract: come e perchè usare gli Smart Legal Contract come nuovo strumento di (auto)tutela

on May 12, 2021

L’offerta di tecnologia as a Service è cresciuta esponenzialmente negli ultimi anni soprattutto grazie al Cloud Computing. Il risultato pratico di velocità, semplificazione e sicurezza nella gestione delle attività d’impresa ha mantenuto a lungo in ombra gli aspetti più nevralgici legati alla scelta della migrazione sulla nuvola, primo fra tutti quello della preoccupante asimmetria contrattuale determinata dal gigantismo delle BigTech (Amazon Web Service, Google, Apple e altri). Come fare? Combinare Cloud computing e Smart Legal Contract può aiutare? Vediamolo insieme.

Tempo di lettura: 10 minuti. Foto di Pawel Nolbert da Unsplash

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traktiCloud computing e Smart Legal Contract: come e perchè usare gli Smart Legal Contract come nuovo strumento di (auto)tutela

The evolution of property in contracting: how contract and property are changing in the decentralised digital world

on April 14, 2021

Smart Legal Contracts are capable, in principle, of forming binding contracts which will be upheld under English law. This may mark the beginning of a new era! The evolution of property in contracting is becoming real! The adoption of Smart Legal Contracts and the scope of legal principles in contract under English law is evolving: a summary of the Law Commission report on Smart Contracts.

Reading time: 4 minuti, Photo by Trakti

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traktiThe evolution of property in contracting: how contract and property are changing in the decentralised digital world