Establishing Selection Criteria for Contract Management Software

Once you’ve determined that doing a better job of managing contracts is a priority and that the best solution is off-the-shelf software, the next step is to establish selection criteria.

ASP OR CLIENT/SERVER?
You’ll need to consider whether client/server architecture, in which users access the system directly, or ASP, in which they access it via a web browser, better suits your needs. There are plusses and minuses to each.

Advantages of web-based programs include portability and, sometimes, price (particularly for organizations with large numbers of read only users).

Disadvantages include security, speed and screen display.

If you purchase a turnkey solution that you host yourself, you have to be capable of working with hosted web-based software.

If the vendor hosts your data, security is a prime consideration. And should you ever want to get your data back, be sure that the supplier will return not only your source documents but also the meta-data derived from those documents.

Access speed can be an issue because of the vagaries of the Internet. The speed of screen refreshes can be problematic for data entry, sorting, searching, and reporting functions.

Web-based programs offer limited control over how information is displayed. And users may find the inability to easily access pop-up and multiple windows simultaneously and move windows out of the way awkward.

Advantages of client/server programs include security, speed and screen display.

Client/server software is not as universally accessible. But commonly used remote desktop technologies like Citrix, Virtual Server, and Terminal Services make distance computing practical. Access speed is more consistent and dependent only upon factors that are under your control (the traffic on your network, for example). This is important if most of your users will be manipulating data.

Your initial investment in client/server software may or may not be higher, depending upon the proportion of your users who are read/write. If you’re comparing client/server models to hosted ASP solutions that charge monthly fees, remember that those fees are ongoing and are often based upon the number of records in your database. As your database grows, so do your costs.

With client/server systems, security is not an issue. Your data is never out of your hands. You’re storing it and controlling who sees and works with it.

Client/server systems also offer much better control over how and where information appears on the screen. This can favorably affect ease of use.

PROPRIETARY DATA STORAGE FORMAT - A RED FLAG
Danger, Will Robinson! Whether you choose ASP or client/server architecture, be sure that the system will store your data in a standard, non-proprietary format. Any proprietary format should raise a red flag.

For one thing, you may want to work with your data from the backend, either for reporting purposes or to tie into other databases.

Infinitely more important, however, is the ability to move your data out if necessary. You may never need to get your information out of the system, but you must be sure that if you need to, you can!

FEATURES & FLEXIBILITY
When you think about features, keep it as simple as possible. Ask whether a program meets your basic needs.

When you evaluate a product, be sure that it will store the specific information you need and that you’re comfortable with the way in which it allows you to view and retrieve the data. Consider whether there layers of complexity that you don’t want.

Flexibility is particularly important with packaged software. Is the program too narrowly defined, or not targeted enough? If the software is intended for general business use, is it agile enough to accommodate your specific requirements?

EASE OF USE
How friendly is the user interface? How complete and accessible is the documentation? Is training needed for all users? Or optional for those wanting a jumpstart?

BUDGET
What costs are involved in implementing the software? Does the vendor charge for help with installation? Is user training required, and, if so, what are the costs?

UPGRADE PATH
Is the system scalable? Can you start small and upgrade to a larger version later? An upgrade path allows you to leverage your investment in time, money, and knowledge of the software.

TECHNICAL SUPPORT
Look for responsive technical support. Make sure the supplier will provide personal responses to technical questions. Check references. Has the software been relatively trouble-free? How effectively does the vendor work with customers to solve any problems that do arise?

ROI
Evaluate the payback period. Packaged software priced at less than $10,000 that does not require consulting services offers a favorable price/value relationship even for many small companies. Although you may not be able to project ROI with great accuracy, it’s intuitively clear that your new system will begin to pay for itself as soon as an automatic reminder prevents payment of a penalty or enables a timely notification — even the first time you retrieve a contract record from your database instead of sending your law firm to research its files.

CORE REQUIREMENTS: A SAMPLE LIST
Summarize your core requirements in a brief list. Here’s a sample of criteria you might use. Just add sub-points to the list where necessary.

1. Easy to use
2. Priced within budget
3. All charges (software, installation, implementation, training) knowable up front
4. Stores the data you need to store in a way that makes sense for your organization
5. Provides visibility into key contract provisions
6. Supports automatic alerts (visual and/or via email)
7. Includes a way to store or link actual contracts, notes, and related documents
8. Simple to administer in your environment
9. Offers robust security that doesn’t interfere with ease of use
10. Responsive, responsible technical support

AN EXCELLENT BEGINNING
Outlining the criteria for your contract management system is, of course, just the beginning (although it’s a good one). Implementation is still ahead of you, and designing and building your database is not a trivial project. But knowing what you’re looking for in contract management software will go a long way toward making sure you choose the product that’s right for you.

Judy Tucker works with emerging companies in planning, project management, and communications and helps them get the most out of contract management systems. Find out more about how contract management software can save time and money at http://www.blueridgesoftware.bz 877-509-7500.

CD Binders - Organize Your Life, Maybe Not - Your CDs, Definitely

CDs have become more and more popular all around the world. CDs first appeared on the market in early 1982. Philips and Sony joined forces in early 1979 to create something that would shape the modern world as we know it today.

The acronym CD stands for compact disk. If you need to store data or any other info, you can usually take advantage of a CD. It takes up just a tiny space compared to traditional videos and cassettes whilst being able to store significantly more data at the same time. CDs are optical discs that can stock up digital data.

The CD was originally created for audio data such as recordings for artists and musicians, but in time became a support for other types of data as well, adapted for other data formats.

CDs are great things to have and to store data on, but you might find yourself having a whole bunch of them and having no place to store and organize them over time.

This is the reason why CD binders were created. CD binders are a smart way to organize your collection, and they are also great for accessing what you want quickly.

CD binders are usually manufactured from plastic, leather or similar materials and are bound by two or three metallic rings. There are plastic folders inside binders which are designed to keep the media safe and scratch free. CDs can easily be removed and the plastic folders allow you to see the contents of pockets without opening them. These folders offer protection at the same time.

Up to this moment, numerous models of CD binders have been designed and brought to market. These can store 4 discs; there are binders that can host hundreds of CDs and there are also binders designed for more modest collections.

When you choose a CD binder, think about the number of CDs that you have and choose accordingly. You may want to organize your CDs in a certain manner, so this should be a consideration as well. You can get a CD binder for music only and another for computer games. Your CDs can be organized in themes or dates or in any way that you think is convenient. The choice is up to you, but at least some order is advisable for a large collection.

The binders that are available on the market are easy for storing in any place of the home.

There are also CD Half Binders available. This means that you can put the CDs on one side of the binder and the graphic booklet on the opposite side. This is a secure way to keep CDs along with the additional info that comes with an album. You can use the other side of the binder to write some notes that are linked to a certain CD, or even jot down anything that comes to mind.

Zippered CD binders are very fashionable, as these protect your music or data from any harm. You can be sure that you won’t lose any of your CDs, and keep track of them at the same time. Acid free binders are also very popular, especially for those that take their CDs with them wherever they go.

For more information about Plastic Comb Binding, Vinyl Binders and CD Binders, visit Advance Loose Leaf Systems at http://www.sellbinders.com.

OSHA and Your Restaurant Safety

OSHA is the United States Occupational Safety and Health Administration. They cover the totality of workplaces, not just restaurants. Created in 1970 by president Richard Nixon, Its mission is to prevent work-related injuries, illnesses, and deaths by issuing and enforcing standards for workplace safety.

OSHA is regarded as being a heavy-handed authority. Their fines are legendary, and their regulations (as with any federal agency) may not always make perfect sense to the restaurant owner, but sensible or no, they have to be followed. To understand why the agency is so authoritarian, you have to consider what they were born out of.

Previous to OSHA, there was no broad regulatory agency, but the industrial age had gone booming ahead without one. So workplace death, injury, and infection was rampant. Consider that the work-related deaths for the Panama Canal project was 27,500, for the Hoover Dam project was 96, and for the Union Pacific Coal Mine in Hanna, Wyoming (1903) was 1,234, to name just three random examples. If a regulatory board can force employers to take a less cavalier approach to the safety of their workforce, that is a noble goal by any means.

Whether by taking steps to prevent employee slips and falls or by making information available to employees about chemicals in the workplace, OSHA oversees the day-to-day safety of restaurants as well. OSHA writes and enforces the federal rules. In addition, some individual states also run their own state-regulated branch of OSHA, with their permission and oversight.

One example of OSHA regulation is the Material Safety Data Sheet system. OSHA has specs for virtually anything that comes in a bottle, bucket, or can, from insecticide to bleach to compressed air. The data sheets track every possible hazard of use of the substance, including inhalation, ingestion, skin contact, eye contact, and flammability. The data sheets will also include guidelines for the safe handling of the substance and treatment if injury occurs. Any substance that you keep on your premises, OSHA wants to be sure you know how to keep a level of safety in regards to its handling.

OSHA generally only makes on-site inspections either for vary large operations, such as a power plant, or in the event of a complaint. A complaint about unsafe practices can be registered against your business by anybody at all, under conditions of complete anonymity. However, upon first starting a restaurant location and acquiring necessary permits and licenses, your business will undergo some initial inspection by the Health Department or other regulatory agency which works in partnership or under the supervision of OSHA.

In the case of very minor complaints, OSHA may only contact you by telephone or mail about the violation, and a designated spokesperson - usually someone of management level - will be responsible for working with them until your business is brought into compliance, whatever that will take. However, the more common action is an on-site inspection, whether with prior notification or unannounced.

In the case of an inspection, you should once again have a designated person to accompany the inspector. There is actually less to passing an OSHA inspection than you might first think. A lot of workplace safety is simply common sense, and OSHA will usually be satisfied if you have no apparent hazards and at least one member of your staff knows the proper procedures, where to find the data and records for material hazards, what the workplace safety policies are, have written safety manuals, and so forth. You also have the right to accompany the inspector, take notes, and ask to see a copy of the complaint lodged against you.

You are expected to provide the inspector with all requested documents, investigate the source of all safety hazards, and immediately correct any hazard encountered during the inspection. After the inspection, which is often just the beginning of a long multi-step process, it is advisable to contact a lawyer in case further actions result.

The four leading categories of kitchen injuries are slips and falls, strains and sprains, cuts and lacerations, and burns. Various studies made of restaurant injuries show that their categories break down to about 35% for burns, 34% for slips and falls, 15% for exposure to harmful substances or environment, 10% injuries from overexertion from lifting, and 5% for cuts and lacerations. Floor surfaces play a role in 28% of restaurant injuries. And the overwhelming place where these injuries occur is in the kitchen.

One cause that is identified for kitchen injuries is people moving quickly and in a rush to meet demand. During the lunch and dinner rushes, the kitchen can become a hectic place, where careless slices can nick a thumb, fumbles with pots can spill boiling water, overloaded oil fryers can splash hot oil, and hurried running over slick floor surfaces can result in a fall. This is the most common case in fast-food type environments.

The cost to a business isn’t just a matter of paying OSHA fines. Worker’s Compensation claims are also a huge drain on restaurant revenue. Some restaurant owners, fed up with paying for costly accidents, will actually ask their insurance carrier to send a safety manager to inspect their facility and make suggestions on how accidents can be avoided. This is a good idea if your workplace has a poor safety record, because an inspector can recommend new methods and ideas that you never thought to try.

Freelance writer for over eleven years.

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Why Tough Decisions Are a Blessing In Disguise

I have a question for you: What does it mean to be alive?

Some might say, “Things that are alive can move, and things that are dead can’t”.

Well not quite. After all, the rocks and mountains move during an earthquake, but they are certainly not alive.

Others might say, “Things that are alive can think, and things that are dead can’t”.

We’re getting closer, but a tree or jellyfish doesn’t have a brain, and it is still alive.

How about “Things that are alive make decisions, and things that are dead don’t”.

Now we’ve got it! All living things make decisions. Even the tree, which isn’t “intelligent”, can still make a crude form of decision when it decides to grow toward the sunlight. Meanwhile, a rock will never make any type of decision whatsoever.

You might be wondering what this has to do with starting a business, and the answer is simple: every time you make a decision, you become more alive.

I’ve written in the past about the importance of taking control of your work life, and how it can reduce the amount of stress you have.

I talked about creating events in your life and moving toward what you want, instead of reacting to events and moving away from what you don’t want. And the way you can start doing that is by making more decisions.

People sometimes ask me, “How do you build the confidence to start a business, and take the scary step of quitting your job?”

My reply is to make more decisions. In fact, every time you make a decision you build confidence. The tougher the decision and the scarier it is, the more confidence you will get.

A man named Dr. Paul taught me this concept, and it’s wonderful to apply it toward business. You can even think of confidence as a measurable unit of currency that you get each time.

Are you nervous about calling that potential customer and asking him to buy? Decide to do it, and you just got 50 units of confidence.

Are you scared to death of speaking in public at a conference where a number of prospects will be attending? Decide to do it, and you just got 200 units of confidence.

Are you petrified about quitting your job to work full time on your company? If that’s what you really want, then decide to do it, and you just got 1000 units of confidence!

Of course, the numbers are different for everyone, but the principle holds true. Build your confidence in business by taking every opportunity to make a decision. The scarier the decision, the bigger the opportunity for growth, and the more alive you will feel.

Brian Armstrong makes it easy to learn the secrets of todays top business owners. To discover the “7 Essential Steps to Starting a Business” in his Free Online Course, visit this site now: http://www.startbreakingfree.com/

Employee Discounts are a Bonus for Businesses

An employee discount store is used as a form of incentive for working for a specific company. Usually, this policy is used by companies selling commercial goods, but it is not a general rule and can be encountered in other kind of companies also.

The employee discounts usually range in between 10-30% of the standard product price. For example, in clothing stores, offering an employee discount may be a very smart and productive move. Some stores will require their employees to wear the clothing purchased at the store, which gives good publicity.

The reasons for offering tempting discounts are many and varied. From the earlier mentioned good publicity to making sure that some of the money surely returns to the store, it can encompass everything in between.

Discount amounts may also vary according to each person’s position. There are some discount stores at which an average employee will get about a 10% discount, a supervisor will get 30% while a manger can get 30% or even 40% in discounts. This is concordance to the all-general rule that the more you have, the more you will get, but this is just how the things are.

A new trend in employee discounts has been noticed lately among car companies. One specific car company uses this strategy to encourage employees to drive newer models of cars, or models which don’t have the success of others.

Usually, discounts offered to the average buyer tend to devalue those offered to the employees, and this may well result also in much lower commissions for the employees. However, something is far better than nothing, especially if a certain product has a hard time selling at a specific price.

Employee discounts are also used as a method of keeping good employees in the company and earning their respect. It also can do wonders for their morale, and to their company loyalty. Having loyal employee who will never bad-mouth the company can be a very valuable asset.

Employee discounts are also often used in cases in which there’s a certain product which is in surplus. This is a good way to free the stock of any eventual non-sellers or bad-sellers. Some companies have discount cards which must be presented by the employees.

Eventually, it can be a win-win situation for both the employers and the employees. Employers have their advantages in this, but so do the employees. Employers make sure that some of the money stays within the company, earn some trust and respect from their staff, and earn good publicity, both internal and external. Employees, in turn, have priority to certain goods and, most important, get them much cheaper. This is exactly the major advantage of an employee discount store.

More information on employee discounts and deals

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Michigan Real Estate Virtual Assistant’s In Demand

The Michigan real estate industry supports many other industries that create a slew of occupations and pay scales so that many other people beyond just the buyer and seller benefit from real estate. A few of those occupations are developers, builders, mortgage lenders, and a relative newcomer, Michigan real estate virtual assistants.

The virtual industry within the real estate industry is a direct result of increased activity real estate agents in that area. The flutter of increased activity has made for much more office work, and more papers to keep tabs on and have ready to finish up real estate dealings for the typical Michigan agent.

A successful agent must divide their time between office work and making important connections with the various people involved in the real estate transaction. Many agents are finding it wiser to delegate much of the office work to a Real Estate Virtual Assistant (REVA). This is a better division of time the agent has for making those important connections with the people in real estate. The more connections that an agent can make in a day, the more potential there is for converting these connections into real sales and profits. How much estate an agent moves and the profits made from doing so are the true measures of the success of leading REVA’s.

Although for many people, the term outsourcing has become synonymous with cutbacks and job eliminations, it is not so for the REVA.

REVA’s embrace outsourcing because it is through the outsourcing of office work from agents that they can afford to work from home with the opportunity to spend more time with family. Virtual assistants who are skilled with real estate office work and who can consistently meet deadlines will have no trouble finding agents to outsource work to them.

Organization is imperative for a virtual assistant to be successful. Otherwise you can get in the weeds so to speak and your customer service will take the hit. Tools such as Outlook or a customized CRM software will help you keep your contacts and tasks organized. Remember, it is not just the tasks of the business that need to stay organized but also each agents business and tasks need to stay organized as well.

Top earners in the VA industry have taken to advertising their services online with business websites. This seems only natural and sensible as most of the work that a VA handles is done online and with computers anyway. You can find many affordable resources online to help you build a powerful website to advertise your services.

We specialize in Online Transaction Coordination and offer Virtual Assistant Coaching.
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Idaho Real Estate Virtual Assistants: A Hot Commodity

Enterprising Idaho real estate brokers have to be the first to meet with and get the business of those engaging in estate exchanges. This is a tough career choice with plenty of stiff competition among brokers. Still, the financial compensation for being the first is well worth a few foot blisters most will concede.

Enterprising brokers are out doing the foot work that enables them to be the successful and affluent in their business. Meanwhile, there is an undercurrent of real estate exchanges which is not uppermost in the minds of most people besides the broker. At least not until it comes time to sign the legal documents involved in estate exchanges, and even then, most people are not aware of how much time is involved in creating and managing all of these legal documents and that other paperwork and file managing is also common in the profession of a broker.

Paperwork builds up quickly and many can find themselves with a backlog of paperwork which places constraints on their productivity and financial compensations. A hot commodity for this is the Idaho real estate virtual assistant. These proficient assisting authorities efficiently manage the exchange of these legal documents and other paperwork and files to avoid constraining backlogs.

The decision made to outsource this work to a real estate virtual assistant is a decision to increase productivity, the potential for greater financial compensation, and effective time and money management. Outsourcing paperwork to one has actually been a closely guarded secret among enterprising brokers for a few years now. But when something is a hot commodity, such as a virtual assistant is, it is bound to be found out by others eventually.

This has already begun to happen as real estate brokers come together and discuss strategies for success in their exchanges. Growing numbers of enterprising brokers are revealing that the best decision they ever made to support them in being more productive and higher earning was to outsource their work to a virtual assistant.

These services provide the broker with the support they need to be ready, when opportunity knocks. Absent is missed opportunity because crucial information is lost under piles of backlogged paperwork or missing the updated information needed for successful exchanges. Idaho real estate virtual assistants are the proficient authorities for this undercurrent of work. This is the work that they have chosen to concentrate on for their success as independently employed business owners. Concentrating specifically on real estate assisting has given them a distinctive edge over the average office assistant who may require extensive training.

Our Certified Real Estate Idaho Virtual Assistants (VA) support real estate professionals nationwide with all of their marketing, technical, and, administrative needs. We specialize in Online Transaction Coordination and also offer Virtual Assistant Coaching. http://www.virtualcas.com/directory/ID.


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