Simple collaboration amongst teams and colleagues has been challenging in an era of office-bound teams. Many tasks performed in the office where you could consult with your colleagues, have been exposed as inefficient, error-prone processes that many organisations have learned to deal with.

Working from home due to the COVID pandemic has been very disruptive and a major force driving organisations’ digitalisation initiatives. Digitalisation is no longer a long-term objective, for many it is now a necessary transformation to continue operating securely and effectively.

We, at Chinsay, have been delivering digitalised workflows and underlining the importance of linking internal and external teams via digitalised workflows since 2015.

Digitalisation has taken centre stage for a myriad reasons. Amongst those, organisations now have to deal with disparate workforces, agile teams and a need to connect internal and external teams. In the current environment many businesses and industries have realised that moving to an independent enabling technology for digitalisation is a necessary and a logical next step, as well as making good commercial sense.

With an increasing number of large industry players opting for our unique platform, ICP (Intelligent Contract Platform), which is seen as a fundamental enabling layer for their digitalisation strategy, the system is now well positioned to move from early adoption to the mainstream enabler. This allows the wider market to access the many business and operational benefits our system has to offer. We are now seeing increasing interest from businesses wanting to improve efficiency, transparency and cost controls, but with a low risk, tried-and-tested strategy.

As we all know, the commodity and freight markets are long overdue a tech boost, but it has been difficult to find an easily-implementable solution that produces tangible, quick benefits. Chinsay understands the problems market participants face in an industry with thin margins, highly-complex transactions and disconnected processes, many from the 20th century.

ICP was developed with input from some of the commodity industry’s largest players to deliver a customisable product that digitalises your “business as usual” workflows, allowing internal compliance controls, automation, and integration along with minimising time spent on manual work.

Risk management has been an important part of drafting, negotiating, and creating contracts, and data capture and digitalisation are here to streamline all processes and help your organisation gain value and insight from operations.

If you would like to find out more about ICP and how it can help your business, please contact us and request a demo.

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About Chinsay:

Founded in 2000, Chinsay is the leading global provider of contract automation systems for the commodities and freight markets. Its Intelligent Contract Platform (ICP) enables digitalisation of contract data sets across the supply chain. As a pure software-as-a-service platform, with the ability to support API integration, it has one of the fastest deployment times in the industry. The Intelligent Contract platform captures data during the contract creation process, providing a Golden Copy as a result of collaboration between all involved parties.

Chinsay’s concept of ‘one-time deal capture’ enables integration with risk management, accounting, legal and operational functions. This results in cost savings, increased efficiencies, improved security and risk control. ICP provides companies with the opportunity to make informed, data-driven business decisions.

Chinsay partners with clients and other technology vendors to increase efficiency and improve security and risk controls. Through industry-leading product discovery and DevOps practices, Chinsay rapidly and continuously adapts its software precisely to our clients’ needs. Leveraging Microsoft Azure facilities for end-to-end encryption allows us to offer the highest possible data security to our clients.

For more information please visit Chinsay and follow us on Twitter and LinkedIn