As legal operations processes and legal technology standards evolve, it is important that organizations adapt accordingly. As contract complexity and contract volume grow, the fact that manual and outdated methods of contract management will no longer suffice is quickly elucidated. As such, organizations working with contracts must embrace digital transformation to increase revenue, decrease contract lifecycle management bottlenecks, and succeed in this ever-changing technological landscape. Read on to learn about the nature of digital transformation - and how digital transformation with contract management software can help organizations to seamlessly navigate the future of legal operations.
What is a digital signature? Is it not that the same thing as an electronic signature? In an ever-evolving technological landscape in which new and updated terminology and functionality are incessantly presented to a myriad of industries, it can be confusing to know the differences between the two terms mentioned above. However, those differences are actually quite simple! Get familiar with these two terms and discover how to utilize both E-signatures and digital signatures to establish a secure, user-friendly, compliant, and rapid signing process.
There’s a lot of buzz when it comes to digital innovation in just about any part of an organization. When it comes down to it, what exactly does that entail?
It is very rare when an organization is so on point that others use them as a standard (we’re looking at you, Amazon). The ability to have most, or all, of your business processes fine-tuned and in sync is something that most organizations are often trying to accomplish. These types of changes could take years before they truly take effect. Unfortunately, business happens quick and organizations can’t afford to wait that long. Many areas of the organization including marketing, sales, and service departments have already eradicated outdated ways of operating.