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An electronic signature is a replacement for handwritten signatures in the digital world. It can be used as a replacement in all types of digital documents or forms, it has the same legal standing as the handwritten signature. Most of the organizations are still using the paperwork for contract management and this would involve printing out the contracts, signing the documents physically, and scanning them to fax, all done manually. But by adopting a contract management software you can avoid all those massive roadblocks and ensure efficiency in your workflow. If you have E-signature capabilities, combined with the document handling capabilities of a contract management system, you can streamline your contract workflow. Here in this blog, we talk about how you can make the best out of E-signature capabilities. How can you create one? How to manage them etc.
We are at the turning point of a decade; a lot of things have changed or are changing. According to a study, more than 35% of the workforce in US consists of millennials, and that number is set to go up in the coming years. The new millennial work force has brought new culture into the workplace - requiring many companies to update their policies to accommodate. Most organizations are now implementing somewhat relaxed policies, as productivity is what matters the most nowadays. So, it is important to draft your human resources policies in such a way to best accommodate the changing workforce.
You’ve done everything you can to increase employee satisfaction, but productivity still hasn’t increased. At this point, you’re probably wondering why. Where have you gone wrong? While it’s true that more satisfied employees can be more organized at work, that isn’t always the case.
Businesses, be it large or small ones, are always looking for effective project management solutions. Efficient project management plays a crucial part in delivering projects on deadline and sticking to the budget. Not all businesses excel at project management. Some find it difficult to keep within budget and deliver projects on time, if at all. The reasons for this can include a lack of planning, an absence of proper communication, unsuccessful coordination, or any one of a myriad of other reasons. A project manager's job is no cakewalk. You must be responsible, resourceful and able to create and execute a plan with a minimal number of flaws.
It’s 2020, and if your company is still stuck managing physical copies of contracts and compliance reports like it's the 20th century, you might want to start thinking about implementing an automatic Contract Management Software at your organization. Implementing a CMS is great for organizations of all sizes. Why? Well, an automated CMS, compared conventional methods of contract management, is secure, organized and, most importantly, user-friendly. Here are some industries that we have seen benefit the most from adopting contract management software.
Why should your organization be using an enterprise contract management solution? If you are a contract manager or a lawyer or even a compliance officer at your organization and you have discovered that the paper-based system that you have been using for the past many years is proving to be inadequate for your contract management needs, you might want to start thinking about implementing an automated contract management solution at your organization. Of course, you might need to get the executives and your managers on board for implementing the solution in your organization. How would you prove your point to your managers? How would you persuade the management that the proposed automatic contract management solution, is in fact profitable and essential investment for both the productivity and growth of the organization?