Contract management is an essential part of any business that operates with contracts. Effective contract management can help improve compliance, reduce risk and maximize the value of your contracts. In this article, we’ll dive deeper into what contract management entails, explore the benefits, address the challenges, and look at how contract management technology can improve … Read more
Did you know that on average 9.2% of annual income is lost due to mismanagement in contracts? Good control and management is therefore essential to ensure efficient and secure contract management. Reports from the Journal of Contract Management also show that 71% of businesses do not find every ninth contract as a result of poor … Read more
In a world driven by technological innovation, companies face ever-increasing demands for efficiency, productivity and cost savings. One key to meeting these requirements lies in digital contract management. With the advancement of technology, the transition from traditional paper-based agreements to digital agreements has become a crucial strategy to improve workflow, reduce risk and increase competitiveness. … Read more
The Transparency Act entered into force on 1. July 2022. Is your business well-improved and do you have the processes in place? Pursuant to section 4 of the Act, businesses must “anchor responsibility in the company’s guidelines”. In this article you can read more about this topic. Anchor accountability in the board The Transparency Act … Read more
The deadline for reporting under the Transparency Act is fast approaching. 30. June 2024, all businesses covered by the Transparency Act must publish the report. Here are the rules you must remember! What is a report under the Transparency Act? All businesses that are covered by the Transparency Act must publish an account of their … Read more
At a time when corporate social responsibility and human rights are receiving increasing attention, governments around the world are taking steps to ensure that companies maintain ethical standards. The Norwegian Transparency Act is one such piece of legislation that aims to hold companies accountable for their actions and promote transparency in their operations. In this … Read more
The purpose of the Openness Act is to give the general public access to information about how human rights and working conditions are handled by Norwegian businesses, this includes the law’s information requirements. The law must also give businesses awareness of their influence on negative consequences for suppliers and business partners. Information requirements in the … Read more
There is still uncertainty around the Transparency Act, how to carry out a due diligence assessment according to the Transparency Act and what is the duty of businesses. In this article, we want to illustrate how you can easily carry out, process and process due diligence assessments of your suppliers. What is a due diligence … Read more
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