The ECJ has declared the Privacy Shield ineffective in its decision called “Schrems II”. This means high barriers to data transfers to the USA. Even the standard contractual clauses can now only be used under certain conditions.
Optimizing processes?! Probably the wish of every manager in the company. If the contract management process is optimized, employees can work more efficiently and achieve more or different things in the same time, so the idea.
Especially now that many of us are working from home, we’re seeing that digitalization brings with it many challenges in managing internal and external workflows that weren’t visible before. It’s also becoming clear, however, that digitization offers a number of options that can make work easier, especially in times such as these. In addition to video conferencing, these options include the electronic signature and electronic seals.
Software-as-a-Service (SaaS) is a licensing and sales model that enables software applications to be offered and used via the cloud – as a service. The SaaS business model can be understood as follows: The responsibility for the software application is transferred from the company to the SaaS operator. According to industry association Bitkom, 46 percent of all companies in Germany already use SaaS offerings such as Office 365. The SaaS model is suitable for companies of all sizes, from start-ups to global corporations.
Going international with subsidiaries in various countries creates the need for integrated information and synchronized processes – a mission to be tackled by your ECM system. With different cultures, individual ways of working and unique processes, finding the optimal solution for your internationally operating company can be a complex task. So, what should you keep in mind regarding the design and use of ECM systems in an international context?