Stress, excessive pressure and work overload have a direct impact on the mental health of employees, are detrimental to their long-term performance and can lead to serious health problems. When it comes to legal operations, the demands increase, and the time to complete tasks is the same or less. But fortunately, the world is changing, and solutions are emerging to make people's work and collaboration more effective, while reducing their stress and leaving space for them to focus on high value-added tasks.
Let's take a look at how using technology can help companies ensure the well-being of their employees, in line with the ESG (Environmental, Social and Governance) philosophy that every company should follow.
Without the right tools, contract and document management in companies is an overwhelming and stressful task. Legal documents are a very relevant asset in the day-to-day running of companies: they are what make operations thrive and move the business towards its goals. Given their importance, legal operations involve a very high level of detail and the coordinated effort of different areas for the same purpose: zero errors and impeccable work.
Unfortunately, carrying out this task by traditional means can lead to high stress among staff, because processes are slowed down, deadlines are unavoidable and the number of contracts and processes to be controlled is enormous. In the long run, frustration and despair can turn into stress, leading to the dreaded employee burnout.
However, technological advances make what was once stressful and exhausting more bearable in the present. The demands are still high, even higher than in the past, but technology-assisted work frees people from highly repetitive tasks and forms of work that were very low in professional achievement.
The result? Certain heavy and burdensome workloads are reduced and people have less stress. One example is in-house lawyers, who carry a heavy workload on their shoulders, especially those who continue to work with non-digital methods. The absence of appropriate technology forces them to focus almost exclusively on operational tasks.
One example of technology that assists people (especially in the legal areas of companies) and relieves them of day-to-day stress factors is Contract Lifecycle Management (CLM). This technology helps to automate and simplify processes and reduce the stress associated with them. In addition, a CLM system avoids all kinds of errors in contract management, which means leaving behind legal and financial problems that can affect the well-being of the employees involved in these processes.
CLM technology provides a more efficient and effective way to manage contracts. What does this mean? It means that employees can spend less time on repetitive administrative tasks and more time on strategic, high-value business projects. By reducing the workload and the demands of burning tasks, employees can reduce their stress level and increase their motivation and job satisfaction.
The ESG philosophy focuses on corporate social responsibility and companies that follow its principles are committed to making decisions that take into account the environmental, social and governance impacts of their actions. How does technology help to follow this philosophy? Contributing to the reduction of certain types of stress can lead to maintaining employee well-being, so choosing technology that is responsible and genuinely helps workers is one way to help fulfil this commitment.
In conclusion, the use of the right technology can have a significant impact on the quality of the environment as well as on corporate social responsibility. Companies can improve the efficiency of their contract and legal document management, reduce stress in the workplace and enable their employees to focus their tasks on delivering the highest possible professional value. In addition, the use of technology can contribute to ESG objectives, helping companies to meet their commitment to social responsibility and environmental impact reduction.
We hope you have found this post useful in understanding the importance of technology as a factor in the fight against the deterioration of well-being in the workplace and how it can contribute to the ESG philosophy.
If you would like to learn more about this concept, we invite you to visit our ESG page, where we describe our commitment.