Blog ENSPACE

The challenge of smart contracts

Written by Natalia LIma | Jun 4, 2024 1:11:20 AM

Contracts are a constant challenge. Dealing with large volumes of information that need to be organized and processed in an accurate and timely manner is a critical task. Controlling all the details of a contract, such as start and end dates, prices, duration, parties involved and responsible parties, is crucial to guaranteeing the integrity and validity of agreements.

Nowadays, everyone who works with this subject is looking for automation, has difficulty changing or modifying settings in the systems they work with, or carries out slow and error-prone processes.

But what has changed this relationship between time and the production of contracts is the technology of certain tools.

The solution

Brazil has begun to discover solutions that are already well known abroad. These tools are software that make it possible to automate tasks, from sending messages and alerts to executing complex workflows. This automation not only speeds up the drafting and review of contracts, but also reduces the risk of errors and forgetfulness.

What's more, they offer flexibility in the creation of fields and settings, allowing users to customize the platform according to specific needs, which means adapting the software to meet the unique requirements of each contract and transaction, providing an optimized and efficient user experience.

These are the working bases that these technologies offer, but that's not all; depending on the situation, it's even possible to talk to companies for consultancy and customization of use cases.

Also integrated with international certification standards such as ISAE 3402, SOC I, Type I and II, ENSPACE offers a secure and reliable working environment guaranteeing a high level of security and information control, essential for contract management.

Last but not least, you can collect digital signatures from platforms such as D4Sign, Certisign and Adobe Sign. This makes it possible to sign contracts in a few clicks, without having to deal with paper, envelopes or waiting for the post. In addition to speeding up the contract lifecycle, these digital signatures guarantee security, legal compliance and contribute to sustainability by reducing the use of paper.

The result

These possibilities can and already do optimize contract production routines in large companies by up to 40%, meaning cost savings and more efficient people.