Contractpedia

As every day passes by, the business in the world is growing rapidly. Not enough credit is given to developers who create such amazing technology for improving the living and working standards for everyone in the world. It is only for your good, that digitalization is rapidly increasing. It brings convenience for all of you who are running big and successful companies in the world. With payments being processed digitally and orders accepted and received without coming in physical contact with any person, why do companies lack in one operation which most businesses are bound to follow? You start a contract with an insurance company or any organization for a limited tenure. What if you skip the date of its renewal and it automatically deducts an amount from your bank account? Contracts are made and broken in large scale companies, and thus, contract management ( kontraktstyring ) is an essential part of any business. Contractpedia, a Danish company offers an online tool for b...

Over the past few years, businesses have made most of their operations online. And it has happened for good. After all, in this digital age, everything is sorted if it is available online. But the thing is there is still one operation that most companies have still not made digital. Can you guess it? Well, it’s the contract management ( it kontraktstyring ) process. That’s right! In case you don’t know when you sign a contract with any company and you do not give written notice of termination before the contract runs out, in many situations it gets auto-renewed. And this auto-renewing of contracts will be continued until one of the parties terminates it. Now, the only issue is that when you run such a big organization, it sometimes gets hard to keep a track of each and every contract. But don’t get stressed because you can use advanced contract management ( kontraktstyring ) software solution. If you want to have a clear record of how many contracts you have and when each...

Do you run a small, medium, or large business? If so, you will agree that there are several processes that you need to take care of. One of the things that you need to manage is your supplier contracts. Your business might be procuring raw materials from a network of suppliers. Now, not every supplier will be able to provide the quality of material you need. You might have to terminate the contract of such a supplier. But you can do that only when you have a complete overview of all the supplier contracts in your business. Only then you can choose the right supplier contract you intend to cancel. And this is where the contract management ( it kontraktstyring ) software solution will come into play. A contract management software solution will assist you in managing all your supplier contracts easily. Here are a few ways such a software solution can help you. · A contract management software solution will give you a cumulative overview of all your active and inactive supp...