Posts

Contract Automation: a key to increasing the efficiency of your contract life cycle management

on September 9, 2025

Technology has become a critical measure of organisational effectiveness, efficiency, and performance. Today any company that does not match the emerging trends might risk being phased out by its competitors. Any business should focus on innovative technologies whose implementation will aid in streamlining organisational processes, cutting on inefficiencies that might result from a blunder in operations management and process automation. Through automation technology, complex business processes can be automated to remove human inputs, decrease errors and increase the speed of delivery, boost quality, and minimise costs. 

Reading time: 5 minutes

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AI and Contract Management 2025: from the WorldCC Report to Trakti’s innovative solution

on September 1, 2025

Contract management has become one of the most strategic – yet complex – functions within any organisation. Lengthy contract cycles, constantly evolving regulations and the growing risk of value erosion make the role of the contract manager increasingly demanding.

According to the latest WorldCC (World Commerce & Contracting) report, only 8% of companies have invested in integrated contract management capabilities. This is where artificial intelligence (AI) comes into play, transforming what has traditionally been perceived as an “administrative” task into a genuine accelerator of strategic value.

Reading time: 3 minutes

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The Hidden Frictions in Law Firm Onboarding

on August 4, 2025

Client onboarding may sound like a simple administrative step, collecting some information, running a few checks, and sending over an engagement letter. But for law firms, onboarding is far from a formality. It’s a critical process that touches on risk management, regulatory compliance, data integrity, and ultimately, the client experience.

Reading time: 2 minutes

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Booked Summer – Tech reading for your holidays

on July 29, 2025

Some titles help you understand the technology, others open up strategic perspectives, and a few offer deeper reflections on our relationship with rules, trust and automation. A perfect mix to return in September with a few new ideas worth exploring.

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How Embedding ESG in Contracts Can Accelerate Access to Finance

on July 24, 2025

Today, corporate sustainability is a concept that is rooted in a conscious and ethical approach to capitalism.It embraces the idea that when value is created to be shared with all stakeholders, the long-term benefit of the company can be maximized.  The rise of this concept and the integration of various environmental, social, and governance factors into decision-making are two of the most significant factors that have changed the way businesses operate. 

Reading time: 3 min

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How Smart Contracts Are Transforming IT Operations

on July 24, 2025

Process automation and decentralised services have started growing exponentially in the post-pandemic improving business management.
By automating processes, end-to-end contract management solutions enable the monitoring of all phases of the contractual and production process. An integrated approach can simplify many business processes while improving the relationship with customers and suppliers.

Reading time: 4 minutes

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