How does the stock market work? http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Who decides the price of stocks? What is the logic behind the valuation of stocks? Who decides the price of a stock? Who decides how much a stock is worth? How do I know what the price is going to be? Who decides whether a stock goes up or down? What is the stock exchange? How does it all work? Let's work in how exactly a stock price is derived. Basically no one person will decide the price of a stock. Let's take an example - this could be Apple, Sainsburys, Tesco..etc - any stock that is traded on an exchange is purely based on supply and demand. For a trade to take place a seller and a buyer must agree on a price and when they execute a trade the agreed price becomes the price of that stock. The last trade becomes the current price of the stock. If everyone else is trying to buy low and sell high, then how can I be successful doing it? And NEVER forget, EVERYTHING can also be bought high and sold low.
Uploading contracts to an online database should not take too long, and with the right solution, there should be a way to quickly drag and drop them into folders. Of course, the contract management team may want to give some thought as to how those folders are categorized. In some industries, it may make sense to classify them by agreement type, whereas in others they may need to be grouped by timeframe or date. It is obviously important to do what makes sense for your company and to ensure everyone understands the classification system that is instituted. With this sort of well-oiled system in place, it is a lot easier to keep a handle on things.
Divide and Conquer.
This is another area that is very industry-dependent, but it is highly unlikely that any company can afford to have an entire contract team devoted to managing one portfolio. More than likely, it is more realistic to divvy up the team and the contracts so that there is a leader for each relevant sphere. The entire team will obviously have to coordinate and communicate, but resources must be allocated in the most efficient manner possible. In turn, this will allow for several individuals to keep an eye on a smaller batch of contracts, thereby facilitating those periodic reviews.
Outsource the Tedium to Technology.