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Six steps towards the successful automation of company processes

During meetings, conferences and training sessions, I am often asked “What can we do to make business processes more efficient? What tools do we need and, most importantly, where do we begin?” It is an absence of answers, experience and motivation that form the greatest obstacles to progress. In this article, I would like to …

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Questions to ask Before Entering into a Partnership (Part I)

It’s all about the product — or is it? As a company with a reputation to uphold, the quality of the products you represent is critical. However, the support you receive through the vendor/partner relationship is equally as important, if not more so. Rather than being dumped into a formal partner management machine with little …

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How to choose an appropriate contract management system

Practice shows that automated and fully controllable contract management is achievable only with the help of purpose-built contract management tools. There is a multitude of this kind of solutions on the market. Therefore, after taking a decision for change, one faces a dilemma on how to choose an appropriate contract management system. What expectations and …

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How to manage contracts diligently to gain competitive advantage and prevent them from becoming a burden on the business?

Contracts are not just documents representing a handshake. They are a spine of business relationship and transactions. Modern business contracts are far more complex; they cover more areas and provide for more exclusions. Hence, managing and drafting contracts is a complicate task. It requires foreseeing a multitude of possible scenarios and being able to assess …

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Nasdaq’s internal processes to be aided by DocLogix

Subsidiary of Nasdaq, the world‘s largest stock-exchange operator and capital-market technology provider, has strengthened its process management in Vilnius (Lithuania). The company has acquired DocLogix solution for documents and business-process management. The main aim of this is better-quality management of internal and human-resource documents and related processes.

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