Intercompany relationship is impossible without contracting. Signing agreements ensures obligation performance and provides legal safety to all parties. Not long ago firms had to carry out the process of creating and approving contracts manually (small companies still can afford it). Now businesses automate the process to make it more efficient, transparent, and controllable.
Purchasing software is a serious step that may imply considerable expenses. When shopping for contract lifecycle management software, be sure to take into account the number of employees that can participate in the process. This information is crucial for estimating how many software licenses you need. We hope this blog post will help you understand how the process is conducted and who may take part in it, so that you could better assess your requirements.
The concept of Agile ECM (Enterprise Content Management) has emerged as a response to the challenges of our time. The promises of an Agile ECM system are: adaptation to a constantly changing business environment; support of new management styles and methods; and, maintaining control, having clarity, and regulating the execution of business processes and their performance. This article briefly examines the premises and structure of Agile ECM and why they are important to your company.
Every company, no matter if it is a small startup or a multinational corporation, faces the same challenge – surviving under heaps of documents and other corporate content. The documents both come from partners, regulators and other external organizations, and are created in the depths of the company. There are plenty of recipes for combatting the hydra of corporate information, but most of them just say, “Do an audit of existing documents, classify documents and compose retention policies”. Sounds good, but such recipes are too common and abstract to be somewhat useful. The main challenge is making up (inventing) your own principles of how to tidy up your documents.