In an interview with CobbleStone Software Account Manager, Michael Donnelly, he describes the reasons why CobbleStone’s training events are essential to Contract Insight® users, and what you can expect from attending one. Michael is a Contract Insight expert at CobbleStone who has worked with numerous clients, spanning over twenty industries. He has seen significant amounts of contract management success from those who choose to attend CobbleStone’s user conferences and other training events. See what he has to say.
Organizations and their vendors often deal with a great number of invoices, POs, and other physical documents, resulting in numerous paper documents for just one service. Processing and managing these service agreements and associated files manually can be challenging and often results in duplicate billing, unclear payment deliveries, and more. With automated legal billing software, organizations and their vendors can eliminate these process challenges by providing both parties with a clear understanding of payment status, invoices received, and more.
In early June, CobbleStone exhibited at BIO 2019 in Philadelphia, PA. There was an abundance of amazing keynotes, super sessions, fireside chats, receptions, and educational sessions ranging from “Biofuels & Renewable Chemicals” to “Value, Patient Access & Reimbursement.” The sessions on “Business Development & Finance,” “Emerging Opportunities in Global Markets,” and “Intellectual Property” made it clear that biotechnology and pharmaceutical industry leaders from life sciences and academic institutions are eager to face their challenges. Their strategy will beintegrating new technologies into their processes to improve operations, go-to-market efforts, R&D, profitability, and contract performance.
Vendors can provide great results and poor results, depending on who you ask. Rating your vendors can help your organization determine the best vendors to select based on ratings from within your vendor management system. CobbleStone’s Contract Insight® software allows users to score vendors on specific categories like performance, on-time delivery, invoicing accuracy, and quality compared to other vendors in your system. Contract Insight rating scorecards are used to rate vendors and companies you do business with to help you make better decisions about which vendors to use in the future and what companies you have successfully or unsuccessfully conducted business with. Learn how to easily rate and review vendors in Contract Insight with this guide.
CobbleStone attended NY Tech Summit 2019 on June 5th through June 7th as a contract management software exhibitor. The event was focused on hot IT topics and trends and offered a collaborative experience. Our exciting days consisted of breakout sessions, roundtables, keynote speakers, and networking opportunities at the Oneida Indian Nation’s Turning Stone Resort and Casino located in the heart of upstate New York. If you didn't have a chance to attend NY Tech Summit 2019, I’ve outlined some key takeaways in this article.
Government Fiscal Year End is quickly approaching, and you’ve got to decide what the best investment will be for your remaining budget. Government contract management and purchasing professionals should examine their current processes for contract management, purchasing, and sourcing inefficiencies by answering the following questions:
Today’s procurement, legal, and sales professionals are very busy onboarding new vendors and customers, reviewing contracts, quoting deals, and qualifying leads and suppliers. Those efforts combined with the task of data entry, learning new software management systems, checking e-mails, and other duties leaves little time to accomplish quality work. By implementing simple and easy-to-use software tools, you can allow your staff to become more productive and allot their time to more intelligent work.
Learn how leveraging CobbleStone’s contract management software modules can help you and your organization work smarter when it comes to contract, purchasing, and sourcing processes.