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4 a closer look at saperion ecm contract records - Saperion AG

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Summary<br />

6 SUMMARY<br />

Switching to electronic <strong>records</strong> management can deliver significant value to any organiz<strong>at</strong>ion.<br />

First, electronic <strong>records</strong> drastically reduce expenses for physical storage<br />

space, which can be particularly high when documents must be retained in two different<br />

loc<strong>at</strong>ions for security purposes. Equally important are the shorter access<br />

times, avoidance of copies, and the lower risk of loss.<br />

Many useful functions like templ<strong>at</strong>e management, reminders, and workflows make<br />

daily tasks much easier and help ensure th<strong>at</strong> no important m<strong>at</strong>ters fall through the<br />

cracks. Ultim<strong>at</strong>ely, this gives the company more time for developing new business.<br />

Access-control functions ensure th<strong>at</strong> documents containing sensitive inform<strong>at</strong>ion<br />

can be viewed only by those people with the proper authoriz<strong>at</strong>ion.<br />

The items described above represent the baseline expect<strong>at</strong>ions for all employees<br />

(not just those in the legal department) working <strong>at</strong> a modern corpor<strong>at</strong>ion with an<br />

effective <strong>contract</strong> management system.<br />

In addition, electronic <strong>contract</strong> <strong>records</strong> must fulfill legal requirements rel<strong>at</strong>ed to<br />

d<strong>at</strong>a protection and compliance in general.<br />

In order to make the switch to electronic <strong>records</strong> management as easy as possible,<br />

SAPERION ECM Contract Records places a high priority on user friendliness by respecting<br />

common habits and thought processes associ<strong>at</strong>ed with the handling of<br />

paper-based <strong>records</strong>. This approach applies not only to the handling of <strong>records</strong><br />

themselves, but also to integr<strong>at</strong>ion of electronic <strong>records</strong> into the existing ERP and<br />

CRM solutions.<br />

Last but not least: Switching to electronic <strong>contract</strong> <strong>records</strong> makes a contribution to<br />

environmental protection by reducing the consumption of paper. This can be taken<br />

even farther by converting entirely to electronic mail and avoiding the use of paper<br />

printouts when communic<strong>at</strong>ing with <strong>contract</strong> partners.<br />

21

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