Contract Insights

Did you miss any of our blog posts from December?  Don’t worry, we’ve outlined each of them for you.  Stay up-to-date with industry topics, real-world case studies, and best practices by reading CobbleStone’s latest content. 

How many steps should be in a contract workflow? 

The correct answer is: It’s dependent on your organization’s needs. 

There is no set number of tasks for a “perfect workflow”.  You must determine what steps are necessary and in what order they should be executed, establishing the best workflow for your organization to achieve CLM (contract lifecycle management) success.

New Year, New Strategy

As we enter a new year, we expect changes in software that will affect how we do business.  It’s important to understand how to effectively adjust business processes to succeed, but in this new contract era, predictions indicate we will focus on how we can apply digital transformation to develop better outcomes.  With the amount of technology that’s rapidly transforming the contract management industry, contract and procurement professionals should understand how to respond to achieve better results.

In a previous CobbleStone blog, Project Coordinator, Nash DeVita, identified the key areas that can make or break enterprise contract management software implementation success.

In this blog post, I interview Nash and dig deeper into who the contract management software administrator (who owns implementation on the client-side) should be, and what it takes on the client-side to reach the go live milestone on time with the anticipated contract management software ROI.

2018 has been a year of achievements and gratitude for CobbleStone Software.  We released transforming technology such as VISDOM^SM AI, hosted a record-breaking conference, informing our users of hot topics and advanced software features, won many prestigious awards, gave back to those in need, and much more.  While preparing for a new year full of new goals and opportunities, CobbleStone reflects on the milestones of 2018.

As organizations face increasingly complex challenges and arduous competition, Procurement Managers are expected to provide more value amidst increasing responsibilities and decreasing people resources. Procurement is rapidly expanding beyond transaction and vendor management into strategic procurement initiatives that must be aligned with organizational goals. This article examines what it will take to add value from procure to pay.  

Do you trust your software provider?  What criteria does your organization use to regulate access and handling of sensitive data such as vendor data, client details, employee information, PII (personally identifiable information), PHI (protected health information), and vital contract information?  With the amount of concern over security and data breach happening today, you should ensure that your confidential information is stored in a trusted environment.  In recent years, leading organizations have proven data security compliance with a SOC 2 report, intended to assure clients that security controls and monitoring are in place.   Data security is crucial when it comes to handling client data and accountability, and any company handling client data should consider SOC 2 compliance a requirement. 

Automation Is Essential, Here's Why

Contract automation provides a way for you to accomplish more.  It’s simple, streamlined, and will benefit your organization both internally and externally.  With the amount of contracts, policies, and other standard health agreements being handled, no home health provider should perform without it. 

CobbleStone announces its newest release of Contract Insight™ Enterprise Edition Version 17.3.0. Building upon the success of Version 17.2, CobbleStone has included new, smart features throughout multiple modules in the system, and has improved overall capabilities and usability. Users of Contract Insight™ should take advantage of the system update. Upgrading to smarter features will make for superior contract management processes.

Drip…drip…drip…that is the sound of a seemingly insignificant leak that gets ignored while organizations focus on more pressing initiatives or reactively putting out fires.

Artificial Intelligence (AI) is the (loved and feared) buzzword around technology advancement, organizational growth, and career stability. In this article, you'll discover what the future looks like for contract managers and contract administration.

A Sudden Need for Comprehensive Policy Management Software

Once the Affordable Care Act (sometimes known as ACA, PPACA, or Obamacare) was enacted in 2010, CobbleStone Software received a flux of healthcare insurance carriers requesting how to use Cobblestone’s Contract Insight™ Software to manage their healthcare insurance policies.