Contract Insights

Did you miss any of our blog posts from January?  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. 

Now, more than ever, organizations expect their employees to do more with less.  That’s why contract managers and procurement professionals are choosing to invest in contract management software to keep up with industry standards and capabilities.  Surveys report that companies using contract management software can reduce annual contract management expenses by 20% to 50%.  In addition to reduced costs, the benefits of contract management software can provide business professionals with better (and faster) results, meaning fewer mistakes, improved accuracy, smoother processes, and better monitoring. 

Coming to a city near you in 2019…

CobbleStone Software has training events just around the corner with two types of training for 2019 already in place.  This year’s series, The Road to Contract Management & Procurement Success, is designed to help attendees discover new technological advances for contract management and procurement processes while developing a plan built for success.  

CobbleStone offers government agencies and other contract professionals many options for simplifying their contract management process. From requisitions and approvals, to intelligent workflows and online collaboration, CobbleStone provides system users with a streamlined process that can be used for cost-effective contracting, legal compliance, transparency, and more. 

Learn from this client success story how a segment of the San Diego Government used CobbleStone’s Contract Insight™ to help overcome common contract management challenges.

A Year of Advancements and Growth

New products, regulations, processes, and digital transformation of 2018 brought new challenges, demand, and expectations to the contract management industry.  However, despite these changes, CobbleStone continues to lead after 2018 being a record-breaking year filled with many accomplishments including new leading clients, increased revenue, artificial intelligence (AI) and machine learning technology advancements, thought leadership engagements, significant staff growth, data center enhancements, and more.

CobbleStone Software’s leading-edge contract management software solution - CobbleStone Contract Insight® - allows users to centralize and navigate the contract lifecycle in one simple, configurable system.  The final stage of contract lifecycle management - contract signatures - can be streamlined with the use of eSignatures.  IntelliSign® - CobbleStone Software's proprietary electronic signature software tool -  significantly expedites and simplifies signing, tracks each step in the process, and can cut send-to-sign time by up to twenty percent.  Users can be notified when a contract is ready for signing through automated workflows and real-time status updates.  A seamless eSignature integration with Adobe Sign makes the process even easier!  Here's how.

Looking to increase your knowledge of industry best practices and learn how to overcome contract management challenges? Or better yet, hoping to find the best contract management software for your organization?  These 8 contract management conferences will allow you and your colleagues to meet other professionals in your field, collaborate on overcoming process challenges and bottlenecks, and meet with contract management and procurement software thought-leaders to learn about the smart tools and technology that are rapidly changing the way organizations do business and manage contracts.

Contract Management Software can benefit any organization that needs to manage contracts or agreements, but one of the most common objections is the cost. Understandably, budgets are a considerable factor in all business decisions, but low-cost contract management comes at a higher price.

Manually importing and analyzing contracts can be time-consuming, frustrating, and often results in lost documents or other mistakes.  Having an expert handle data extraction for your organization can provide better results and a seamlessly organized contract repository.  Artificial Intelligence (AI) can detect and prevent predicaments that cause your organization to be at risk.  Learn from this real-world case study how a CobbleStone Software client utilized contract data extraction services and text mining smart tools, transforming their contract management process to be supported with data-driven strategy.