Effective meetings involve managing the agenda, teams, supporting documentation, discussions, and collaboration in the preparations, content distribution, during the actual meeting and subsequent summary and follow-ups.
Avoid lawsuits, fines, penalties, and workplace safety issues by preventing employees from doing their jobs based on a lack, or out-of-date information.
Speed is important in business, now more than ever before. At the same time, strong business relationships are also critical, and you want to maintain and strengthen those relationships. The result is there can be pressure to quickly sign a contract because you have a good relationship with the other side.
Creating a contract is a complex exercise that now includes more departments, and as a result, more people to participate in the process. Delivering a speech at the annual meeting of the IACCM, CEO Tim Cummins pointed out that given the massive growth in the length and complexity of contracts, research shows that 88% of business users can’t understand their own contracts.
A recent study showed that 64% of companies say their contract approval process is causing deals to stall. If that is a sales agreement, is it possible that the delay impacts the current month, quarter or year because it slips past the target date? Does the delay result in a rush to close the deal before month / quarter / year end that may impact the potential profitability of the deal? If the agreement is to buy goods or services, is that delay impacting the ability of the company to expand capacity, have the required supplies to fill orders, delaying the deployment of critical systems that are expected to reduce costs and improve efficiency?
Finding consensus, 80%+, in today’s environment is virtually impossible, yet we have consensus with employees who have experienced difficulties with document collaboration. Harris Interactive Knowledge Worker Survey, Soonr 2014 Mobility in the Workplace Study and other recent studies have found…
Almost every vendor who has a solution for document management claims that they provide document collaboration, however, if you dig a bit beneath the surface, you’ll find that there are several different types of document collaboration. Is your business willing to take the risks associated...