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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The legal sector is often considered one of the world’s most complex and traditional industries. It is an industry steeped in tradition for centuries, with many practices that have remained essentially unchanged for decades. However, despite the long-standing practices, the legal sector has faced several issues that make it difficult to access for many people. This post will explore how blockchain technology can make the legal sector more accessible and how Trakti’s smart contract automation platform can help you achieve this goal.
The legal sector is traditionally known for being complex and expensive, with many barriers to entry. However, blockchain technology can make the legal sector more accessible, transparent, and efficient.
One of the key benefits of blockchain technology is its ability to provide a secure, transparent, and tamper-proof record of transactions. In the legal sector, blockchain can be used to store and manage contracts, ensuring that they are executed securely and transparently. Utilising blockchain technology can increase trust between parties, reduce the risk of fraud and errors, and streamline the contract negotiation and management process.
Trakti’s smart contract automation platform takes the power of blockchain technology to the next level, by providing a user-friendly platform for contract negotiation and management. With Trakti, you can create, negotiate, and execute contracts using smart contracts, which are self-executing and self-enforcing. This means that you can automate many of the processes involved in contract negotiation and management, saving time and money while ensuring that the contracts are compliant and secure.
Trakti’s platform also allows for real-time collaboration between parties, which increases transparency and reduces the risk of misunderstandings. Trakti’s platform also offers customizable templates and workflows, making creating contracts tailored to your specific business needs easy.
By utilizing Trakti’s platform, you can make the legal sector more accessible by reducing the barriers to entry for contract negotiation and management. Trakti’s platform is user-friendly, efficient, and secure, making it an ideal solution for businesses of all sizes. Whether you are a small business owner or a large corporation, Trakti’s smart contract automation platform can help you streamline your contract negotiation and management processes, increasing transparency and reducing the risk of fraud and errors.
Blockchain technology has the potential to make the legal sector more accessible by increasing transparency, reducing the risk of fraud and errors, and streamlining contract negotiation and management processes. Trakti’s smart contract automation platform takes the power of blockchain technology to the next level, providing a user-friendly solution for businesses of all sizes.
So why wait? Sign up for Trakti today and start experiencing the benefits of blockchain technology in the legal sector!
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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
Generally, contracts regulate long-term relationships, governing complex transactions that demand collaboration and flexibility. Issues can arise due to their incompleteness or because parties do not have a comprehensive view of their contracts. The former point addresses the concept of relational contract; the latter to the need of setting the right KPIs. Parties usually measure and monitor each other’s performance (two-way) and automate their reporting using a balanced scorecards, linking contracts to contract balance scorecard.
Reading time: 3 minutes.
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