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Contract Management Software – Cut Costs and Increase Productivity

Source:https://www.pexels.com/photo/man-in-black-suit-jacket-sitting-beside-woman-in-brown-and-black-long-sleeve-shirt-5816288/

Keeping track of contracts can be a difficult and time-consuming task. That is where contract management software comes in to help you cut costs and increase productivity. Contract management software allows you to manage, store, send, receive and sign documents online quickly and easily.

It also provides features such as workflow automation for approvals that will save your business time by eliminating the need for manual processes like printing, scanning, or faxing paperwork back and forth between parties involved in the contract process.

The Benefits Are Numerous:

1. Streamlined Processes

Many contracts go through multiple stages before they are signed and executed. Contract management software makes the contract process more efficient by providing a single interface for all documents related to that agreement, cutting down on paper usage.

It also provides real-time communication allowing you to track who is responsible for completing each step of the contracting process, so nothing falls between the cracks.

2. Reduced Administrative Workload

Managing contracts can be a time-consuming task. The software will save you time. It does that by eliminating the need for printing, scanning, and faxing paperwork between parties involved in the contract process and automating approval workflow, so no documents are misplaced or forgotten about. That makes it easy to monitor document statuses from a single interface.

Not only does contract management software save you time, but it also saves your company money in the long run by ensuring that contracts are completed on schedule and minimizing administrative costs associated with managing paperwork.

As a bonus, most contract management systems provide document storage capabilities. You can easily access important documents later if necessary. That allows for improved data access and retrieval, reducing the risk of misplacing or losing important documentation.

3. Easy Collaboration

The ability to communicate and collaborate online is another benefit of contract management software.

That allows all parties involved in the contracting process, both internal staff members and external partners, easy access to important documents via a single interface, enabling everyone who needs them to see them without having to hunt through email inboxes or boxes of paper files to find what they are looking for.

Contract management software also enables you to store documents securely so only those who need access can see them. That makes it easy for different departments or external users like customers and vendors to collaborate on contracts without worrying about sensitive information falling into the wrong hands.

4. Security and Compliance

Security is another important benefit of contract management software. You can use it to safely store personally identifiable information (PII) like credit card numbers, signatures, or social security numbers that need protection from unauthorized access.

Most systems allow you to sign documents electronically. That would make them legally binding without paper copies which reduces the risk of getting lost in transit.

Contract management software can also help you comply with regulations like the Health Insurance Portability and Accountability Act (HIPAA) or Sarbanes-Oxley by providing a secure platform for individuals to share confidential information online without the risk of data breaches. That makes it easier to protect your company from unnecessary fines due to noncompliance.

5. Improved Tracking and Reporting

One of the common benefits of contract management software is its ability to improve productivity by providing real-time tracking for each step in the contracting process.

You can also generate reports on your contracts, so you know which ones are active, expired, or completed. That gives you a clear picture of where things stand at any given time so you can plan accordingly.

Contract management software also provides the ability to generate reports on document usage. Hence, you know which contracts need frequent access and by whom, allowing for improved decision-making capabilities when it comes time to renew or sign new agreements.

It means that contract managers no longer have to rely on spreadsheets or written records alone to keep track of their contract portfolio and instead focus on more critical problem-solving.

6. Productivity and Efficiency

The ability to automate approval workflow using contract management software is another way it improves both productivity and efficiency.

Not only can you do it automatically, but it also ensures that no document goes unapproved, which could lead to costly mistakes or even legal problems down the road. That makes it easy for users to access documents from a single interface and ensures no waiting on approvals or feedback.

Do Your Employees Need Training

Don’t forget to provide employees with proper training before using the software. Ensure they know how everything works and what benefits contract management can offer your company, and what steps need to be taken for it to run smoothly.

Also, ensure you have a way for employees to contact the software vendor if they have any problems or questions.

Source:https://www.pexels.com/photo/man-working-on-laptop-while-woman-takes-notes-3153199/

Conclusion

As you can see, contract management software offers a wide range of benefits for companies looking to improve efficiency and reduce costs. It is the perfect solution, whether you want to streamline your contracting process or need help complying with regulations.

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Travel

How To Choose The Right Travel Magazine?

You are out in the world, looking for travel inspiration. You pull out your phone to check for any new magazines that have come up on your feed, and you see many different options.

What should you do? Should you just take a chance on one of them? Or is there something else that can help guide you through this decision-making process? Of course, the answer to both questions is yes! This blog post will offer some guidance into picking the best travel magazine for your needs.

Pick The Right Travel Magazine With Us

  • You can start by doing some research on the magazines that are out there.

This step will be easy if you know exactly what kind of travel magazines are right for you. However, if you’re not sure about your exact preference (i.e., do you like to read photography or see pictures? Do you want something with a specific theme?), then it might take more time before picking one becomes an easier task.

Fortunately, most travel magazines have their own websites that offer information about themselves and often include short samples of articles so that potential readers can get a sense of whether or not they would enjoy reading them in full!

  • Next up: money matters!

Nowadays, people tend to use subscriptions services rather than purchasing a magazine each time they want to read something. If you’re one of those people, then it’s very easy for you: just choose the magazines that offer a subscription service and sign up!

However, suppose you prefer buying physical copies (and who doesn’t?). In that case, this task might actually be harder than anticipated because not every travel magazine offers its own online store where readers can buy issues or single articles.

Once again, though, most travel magazines have websites that list all the shops that sell them, so finding exactly what you need will usually involve some research but nothing more than that.

  • Now, we come to an important issue: subscriptions vs. individual purchases.

When deciding how often you plan to read a certain travel magazine, keep in mind that subscriptions are usually more economical.

In addition, you might be able to choose how often do you want a new copy of the magazine to be delivered – including whether or not you’d like it sent straight to your mailbox or if they can just leave a copy at a certain spot where you tend to pick up physical copies from time-to-time.

Conclusion

To sum it up, travel magazines are a great way to stay informed about the latest travel news, from luxury resorts and exotic islands to bustling cities.

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Travel

How to Keep Your Valuable Gadgets Safe When Traveling

The last thing you wish to happen is to realise that you lost your valuable gadgets. They’re necessary for the trip, and you rely on them to make the journey more convenient. So here are some tips to avoid facing this problem while travelling.

Keep them in your carry-on bag

You probably heard of several stories regarding checked-in luggage getting lost at the airport. Then, when you’re about to pick up your bags, nothing arrives. Imagine if all your devices are on those bags. It’s better to keep them close to you all the time. Besides, airlines have rules regarding checking in items with lithium batteries. So you need to place all of them inside your carry-on bag.

Insure them

If you own expensive items, insure them first. You don’t want to carry them around and lose them. But, even if you don’t, you might still break them. Imagine if you’re a passionate photographer. You want to capture the best pictures at the right time. But, in your effort to do so, you broke the equipment. If it happens, you will feel better when you know you got them covered under insurance.

Lock the gadgets away

No one can blame you if you decide to bring everything with you during the trip. You need cameras to take the best pictures. Once you finished travelling, you wish to upload the images online and edit them on a computer. You also need your smartphone for your regular activities. You might also have long flights, and you need to play fun online casino games like NetBet. The point is only to take out whatever you need. Once you check into your hotel, keep all your gadgets there. Lock them in a safe or leave them with the reception for safekeeping. If they lose it, they will be responsible.

Back up your data

You should put all your files in the cloud. You might not like the idea of having private information out there. The truth is that the cloud is secure as long as you don’t share your security details. Even if you lose your device, you won’t worry. You know that the files are still accessible.

Turn the search feature on

https://unsplash.com/photos/86FaqV5MCdw

Some devices have a feature that allows owners to find them if they get lost or stolen. It’s easier to find the specific location if you can track the devices using this technology. It’s not perfect, but it’s better than having no lead.

Turn your WiFi off

You can’t connect with public WiFi under any circumstance. You might lose sensitive information due to hacking. Wait until you get a secure connection before you use the Internet. There’s also an excellent chance that cybercriminals will take more from you if they get your private data. It’s worse than losing your devices.

Hopefully, nothing wrong will happen during the trip. Always be aware of your surroundings, especially if you’re in an unfamiliar area. If you’re careful enough, everything will be fine.

https://unsplash.com/photos/cckf4TsHAuw

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Travel

Cathay Mastercard: What Does it Offer?

Standard Chartered couldn’t wait to cooperate with Cathay to bring its clients the delight of privileges, seeing as Cathay provides so many services to its customers.

You can now elevate your life with the Standard Chartered Cathay Mastercard. So, what exactly does the Cathay Mastercard have to offer? Let’s take a look at them now, without further ado!

Types of Cathay Mastercard

You can choose from three different Cathay Mastercards from Standard Chartered. Each of these Mastercards comes with its own set of travel, lifestyle, and banking benefits, allowing you to travel in style and luxury. The three varieties of Standard Chartered Cathay Mastercards are as follows:

  • Standard Chartered Cathay Mastercard (former Asia Miles Mastercard)
  • Standard Chartered Cathay Mastercard – Priority Banking
  • Standard Chartered Cathay Mastercard – Priority Private

Standard Chartered Cathay Mastercard Offers

Now, let’s go through the offers you can avail with Standard Chartered Cathay Mastercards.

Standard Chartered Cathay Mastercard (former Asia Miles Mastercard)

As a new cardholder, you can earn up to 60,000 miles by acquiring a Standard Chartered Cathay Mastercard. It costs as little as HKD0.2 per mile, which is a fantastic deal.

If you want to use card insurance within the first two months, Standard Chartered’s Accumulated Eligible Transactions policies are wonderfully designed to give you the best value.

Additionally, you can earn Miles by using your Standard Chartered Cathay Mastercard in a variety of locations. For eligible expenditure on Cathay Pacific, dining, online, and foreign spending, among other things, you can earn 1 Asia Mile.

You can also take advantage of Asia Miles time deposit incentives and Asia Miles Redemption Privileges, which come with a one-year annual fee waiver. You’ll be taxed roughly HKD2,000 every year after that.

Standard Chartered Cathay Mastercard – Priority Banking

Opening up Standard Chartered Cathay Mastercard – Priority Banking account offers up to 80,000 Miles with the same Mile rate as the aforementioned credit card. With that amount of Miles, you can get an array of transaction opportunities. Collectively, the Miles Earning Rewards are on the table. So you can both enjoy touring privileges and earn Miles at the same time.

You also get a restricted Marco Polo Silver membership and up to 100 Marco Polo Club club points for HKD500,000 Eligible Transactions, which sets Priority Banking vehicle holders distinct from normal Standard Chartered Cathay Mastercard customers.

You can use the Cathay Pacific Business Class Lounge four times each year if you use this credit card. Even if you don’t have a Premium Economy Class ticket, you can visit the Premium Economy Class counters and enjoy the lounge.

In a nutshell, priority banking privileges include a specialized relationship manager to assist you with your wealth management requirements. You can also open onshore and offshore accounts, have your Priority Banking status recognized globally, and send money internationally for free.

It does, however, include Asia Miles Time Deposit Rewards as well as Asia Miles Redemption Privileges. To qualify for a Priority Banking credit card, you must have at least a 1,000,000 average daily Relationship Balance, which entitles you to a HKD4,000 annual fee waiver.

Standard Chartered Cathay Mastercard – Priority Private

As the name says, the benefits that these cardholders will receive are specially customized to deliver the best possible service. As a result, you can travel freely around the world with full privileges. To begin, you’ll be given 1000,000 Miles just for signing up.

When you spend the first two months on car insurance, you get incredible deals on every transaction. It comes with Exclusive Privé Privileges, which include Priority Private Concierge, gourmet privileges, exclusive perks with our worldwide luxury hotel partners, and an Airport Limousine Program, as it is offering top priorities.

On the other hand, you’ll get a limited-time Marco Polo Club Gold membership, which comes with a slew of benefits. Miles Earning Rewards, Cathay Travel Privileges, Priority Private Privileges, Asia Miles Time Deposit Rewards, and Asia Miles Redemption Privileges are also available to you.

You must have an Average Daily Relationship Balance of at least 8,000,000 to become a Priority Private client, and you will receive an annual fee waiver of HKD8,000.

Conclusion

Customers are always put first at Standard Chartered Bank. It searches for their top priorities and attempts to address them. As a result, working with Cathay Pacific to deliver these Mastercard choices gives you a whole new perspective on travel. With our card, we wish you a pleasant voyage!

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