The Pitfalls of Manual Contract Processing
“Digital transformation” and “automation” have been hot trends for years. According to a recent AIIM study, 95% of companies surveyed have taken significant steps toward
Laminin Solutions recommends M-Files as your contract management software. As a meta-data-driven document management solution, M-Files has the intelligence needed to simplify contract management even in the most complex environments.
With M-Files, documents do not need to be moved to a central repository. Instead, it creates connections to each document where it already exists whether that is a local hard drive, network folder, ERP system, cloud storage, or something else.
M-Files uses artificial intelligence and machine learning technology to analyze each file, extract information about its contents, and apply metadata tags to make it easy to identify. It enables a single view of all contracts within the organization.
M-Files can automate contract workflows. The system automatically creates assignments and notifications and guides contract documents through each stage from draft to reviews, comments, revisions, approvals, and signatures.
Laminin Solutions works with engineering firms to implement document management software. In addition to contract management, M-Files can streamline engineering document change management. The results? Faster time-to-market and increased ROI.
With M-Files, Control Engineering Documents such as:
With M-Files, Automate Engineering Workflows including:
Having engineering document management in place increases project efficiency and supports collaboration. Security and audit trails are built-in, so documents are safe and there is a continuous record of changes.
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