Automation

All posts tagged Automation

How to setup Contract lifecycle management

How to setup Contract lifecycle management

on December 14, 2022

The adequate management of contracts is essential for the smooth running of any company. But contracts are too important to be processed and stored manually. This is why lots of companies are now going digital. In recent years, Contract lifecycle management software has transformed how businesses manage their contracts. Now, we’re looking towards the next step in contract digitalization. Today, we look into how to set up Contract lifecycle management (CLM) with the help of Smart contracts.

Reading time: 4 minutes.

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Automating business operations- why is so crucial

Automating business operations: why is so crucial

on November 17, 2022

We are rapidly approaching a new historical period where activities traditionally performed manually, are more and more done automatically by machines. 

The adoption of automated applications and systems aims to streamline operations by removing the need for manual and repetitive tasks to more efficiently manage key operations processes. 

According to SalesForce: “47% of Businesses see the largest ROI from Automation in their operation department”.

Reading time: 3 min

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The future of contracts: Trakti evolves

on November 11, 2022

Trakti felt the need to radically renew its design, inspired by its own values of innovation, efficiency and process simplification. After almost a year, we are ready to present a new graphic design for the brand, with a unique, personal and recognisable style.

Reading time: 4 minutes.

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Trakti How to conduct KYC checks (properly)

How to conduct KYC checks (properly)

on November 7, 2022

KYC and related processes such as Anti Money Laundering and identity fraud controls are one of the main challenges that companies and institutions are facing at the moment. 

These procedures are timely and expensive, and many businesses have had to update the way they conduct KYC as they could not rely on the standard methods they had adopted.

Luckily many innovative solutions exist to make the whole thing much quicker. And less expensive. All this while connecting to international databases and making it part of an automated stream for customer and supplier onboarding.

Reading time: 4 minutes.

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What you do and don’t own when you buy an NFT

What you do and don’t own, when you buy an NFT

on October 25, 2022

2021 was a landmark year for the popularity of NFT and it seems that this trend is going on and becoming greater and greater. But not without huge legal implications with respect to copyright, ownership and contractual liabilities, just to cite a few.
What you do and you don’t own, when you buy an NFT.

Let’s start from the beginning, trying to bring some light to this innovation.

Tempo di lettura: 2 minuti.

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How to integrate PayPal into an onboarding process

How Integrate PayPal into an onboarding process

on October 15, 2022

The digital onboarding process is becoming more and more popular with competitive advantages for different sectors of a business. 

It is an effective tool also for Sales, for the acquisition of new customers and for the retention of existing customers, capable of improving and simplifying the Customer experience as well.  

Through the adoption of a platform for contract automation, the onboarding process becomes compliant, agile and intuitive for Sales.
It can simplify and speed up the entire negotiation, including payments, integrating PayPal into an onboarding process. 

Reading time: 3 min

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Adrian Furner at Trakti

Trakti meets Adrian Furner: “Risk, an opportunity for innovation”

on October 14, 2022

Today Trakti meets Adrian Furner, Founder & Managing Director at Kommercialize, to talk about risk as an opportunity for innovation.

We have previously met Adrian Furner, on the 4th of October, during his valuable contribution as a guest to our recent webinar “Contract Automation, Benefits and Contexts.”  

Watch the integral version here: What is Contract Automation, Benefits and Contexts.

Adrian Furner has over 30 years of experience in the design, implementation, and delivery of complex commercial transactions through novel business models.   

A super master contracting expert, and member of the IET (Institution of Engineering and Technology), Adrian is a former board member and an honorary fellow of ‘World Commerce & Contracting’ where he is also an Executive in Residence.  He is also co-founder of Open Fabric for Trusted Global Trade.   

Today his practice is to advise professional firms on how to boost up their commercial competencies as well as Contributor, Speaker and Author of several books on commercial agility, collaboration and commercial innovation.  

Adrian is a leading light for innovating contracting in companies of all sizes!

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