This article covers: Overview Benefits of Contract Management System How Do Digital Contracts Work? How to Sign Digital Contracts Internally? Collecting Signatures from Customers (Signature Requests) Over the past few years, the manufacturing industry has evolved significantly due to [...]
Contracting is arguably the staple work for in-house legal teams. However, most pre-and post-signature tasks are manual and resource-intensive and can disrupt the entire contract lifecycle. According to a study by Gartner, creating contracts, negotiations, reviews, and approvals incurs over 50% of the legal department's time — excluding the time required [...]
This article covers: Introduction? Identifying and organizing different types of digital documents Using document management software Tips to effectively organize digital documents in Docsvault Case Study: Examples of businesses that have successfully implemented Docsvault Introduction Digital document organization is crucial [...]
6 Key Benefits of Contract Management Solution Did you know that companies lose up to 9% of annual revenue due to poor contract management? Contracts are the foundation and universal language of any business – which is why it becomes indispensable to have the right contract management automation software [...]
Vendor onboarding, sometimes known as supplier onboarding or Supplier Relationship Management (SRM), refers to the process of collecting a supplier's information, such as basic business details, contracts, pricing, product catalogs, etc., to set them up as an approved vendor and enable your organization to conduct business, purchase goods and services, and [...]
Every business generates thousands of documents a year. Maintaining the security of these documents is crucial for your business. These documents include information on sensitive employee data, legal contracts, correspondence, financial documents, and company initiatives aimed at internal audiences. Business documents that are created over time need to be managed, and it [...]
Do you have a hard time searching for files in Docsvault? Do you use dates or numbers in file names? Do you remember these numbers and dates after a couple of months? We thought so. One of the most frustrating and time-consuming part of a job is finding documents. Though document management software helps [...]
This article covers: The Best Document Management Software for Small Businesses Best Document Management Software List for Small Business Document Management Software Comparison Chart What Is Document Management Software? What Are the Key Features of the Best Document Management Software? Why Do Businesses Use Document Management Software? [...]
'Call client 5 pm tomorrow' Have you ever scribbled something like this on a notepad and wondered later what you meant by that note? Most people have the habit of sticking hasty notes or making entries in diary planners about things to do. These notes are often unintelligible and they have a way to [...]
Repetitive, Recurrent, and Redundant – the 3 R's that adversely affect the efficiency of business processes. The less time spent on these 3 R's, the higher the efficiency and productivity of a business. Handling business processes manually is not only slow and tedious but also labor-intensive in most scenarios. So, the [...]