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Inefficiency in contract management leaves money on the table, finds DocuSign report

article by DocuSign

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To offer companies insight into the latest trends and best practices for handling contracts in the modern workplace—and to help them optimize their processes as a result—DocuSign (NASDAQ: DOCU) today released the fifth annual "State of Contract Management" report.

How Nike is transforming financial close processes with BlackLine

written by Shannon Arnold - BlackLine Magazine

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NIKE’s mission is to bring inspiration and innovation to everyone in the world, and this is centered around four pillars: being innovative, being sustainable, having a creative and diverse workforce, and being positive and impactful. When NIKE’s F&A teams decided to reengineer and transform their sales audit, payment validation process, and order-to-cash (O2C) function, they used these pillars as the foundation for their plan.

A Recipe for Better Data Management

article by Nick Goode - ERP News

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We often hear that data is the fuel of modern business, but we think that food provides an even better analogy. When we go to fill our car up at the pumps, very few of us prefer a particular brand– we just want a full tank. But when it comes to what we eat, it’s not enough to have a full belly; we need the right sort of food that is both nourishing and tastes good.

Digital Transformation is Human Transformation

Article by Greg Satell, International Keynote Speaker, Bestselling Author and Advisor

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A decade ago, many still questioned the relevance of digital technology. While Internet penetration was already significant, e-commerce made up less than 4% of retail sales. Mobile and cloud computing were just getting started and artificial intelligence was still more science fiction than reality.

5 Signs It’s Time for SMEs to Automate

written by Andres Richter

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Automation can help businesses of all sizes to become more efficient and in turn, benefit from increased productivity and customer satisfaction. Seems quite straightforward, doesn’t it? Surprisingly, according to a McKinsey survey, a mere 25% of small-sized companies are in fact, automated. The decision to go the digital route is often delayed because of the time and costly resources needed to develop and implement a new system, and only then, train employees on how to use it.

Then again, waiting too long to automate your organization can and does have consequences. Production workflow, for example, can be effected, even slowed to a halt or by holding on to manual processes. But what’s effected most of all is the customer experience that depends on timely development, production and distribution processes. When these can no longer scale up as the business grows, the customer is the hardest hit.

Here are the five bottlenecks that can let small and medium-sized businesses know that it’s time to go digital.

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