3 Things to Look for When Switching Contract Management Software

By Sean Heck on 06/26/20

 

Organizations should be equipped with contract management software that is easy-to-use, reasonably priced, and whose features are aligned to their needs.  When these criteria are not being met, organizations risk encountering issues such as contract lifecycle bottlenecks, wasted time, increased costs, and lost revenue.  These are issues that require making a switch to a better solution.  With that said, here are three things to consider when making the switch to a leading contract lifecycle management software platform.

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6 Simple Ways to Get Better Bid Responses

By Sean Heck on 06/24/20

Establishing a bid process with which you can regularly receive optimal bid responses may seem like a daunting task.  However, it is quite achievable with the right steps and tools.  There are numerous simple ways to leverage scalable, cloud-based source-to-contract management software for streamlined RFP, RFI, and RFQ management, and better bid responses.  Here are six ways to get more quality bid responses from vendors.

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The Future of Contract Management AI

By Joshua Hansen on 06/19/20

Contract management AI is not something to be intimidated by.  Its goal is not to eliminate jobs or replace valuable employees.  Instead, it can add value to contract management software processes by transforming contracts and documents into building blocks for enhanced contract oversight, improved risk mitigation, and more proactive opportunity realization.  It can lend a competitive edge by shifting the responsibility of employees from tedious data entry to valuable contract analytics.  Organizations that embrace AI-based contract management can maximize growth opportunities and increase their software ROI.

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3 Ways to Improve Government Supply Chain RFPs

By Sean Heck on 06/17/20

Government supply chain management is a multi-faceted, involved process – including the handling of RFIs, RFPs, and RFQs.  Supply chain RFx management responsibilities may include accumulating vendor proposals, collecting quotes to compare vendors and contractors, establishing a database of vendors and contractors, signing off on approvals before selecting them, managing contracts, and much more.  Handling these different tasks with separate manual processes can make for a disorganized approach that can potentially lead to lost opportunities, supply chain lifecycle bottlenecks, improper vendor and contractor selection, wasted time, and revenue loss.  Luckily, integrated contract management software solutions can help.  Here are three ways to improve government supply chain RFPs.

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3 Ways to Track Vendors: Take Control of Vendor Management

By Sean Heck on 06/12/20

When it comes to vendor management, efficiency and process unity are key.  A vendor management process that relies on disparate documents, spreadsheets, and emails for vendor key data, contract information, certificates of insurance, and performance data for vendor comparison may not cut it.  Such methods can leave organizations with a disorganized process that might lead to missed deadlines, failed compliance, insufficient payments, agreement breaches, and poor vendor selection.  Eliminate manual, time-consuming processes by successfully keeping track of what’s essential with vendor management software.  Here are three critical aspects of vendor management to track.

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5 Essential Contract Management Tools for 2020

By Sean Heck on 06/10/20

2020 is quickly approaching and, with it, new advancements in contract management options.  To that end, we’ve detailed five essential tools contract managers must empower themselves with to navigate the ever-changing landscape of contract management best practices going forward.

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Don't Get Left Behind: Adopt Contract Management Automation

By Sean Heck on 06/10/20

There is a significant need for automation in contract management software processes.  When collaborating within the contract management community, we often find that most organizations do not currently leverage meaningful automation for better contract management.  Yet, most organizations have developed or plan to develop strategies to implement contract automation.  It is clear to see that the industry is evolving in favor of contract automation.  Don't get left behind. Get ahead with robust and user-friendly contract management software.  Here's how.

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5 Tools for Better Government Contract Management

By Sean Heck on 06/8/20

As the end of the traditional local government fiscal year draws near, city, state, and other public agencies must make sure that they are leveraging their budgets by investing in software tools for streamlined, robust, and transparent contract management, purchasing, and sourcing for current and future needs.  Here are five tools that can be used for simple, user-friendly, and powerfully integrated government contract management, procurement, and sourcing processes.

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Create Contracts From Your Email with CobbleStone's MS Outlook Plug-In

By Sean Heck on 06/4/20

In a world where technology continues to evolve to conveniently integrate various applications for increased expediency and productivity, CobbleStone grows as well.  CobbleStone’s latest release, Contract Insight® 17.6.0, allows you to integrate a proprietary MS Outlook PC Plug-in for easy, quick, and user-friendly contract management software straight from your PC desktop MS Outlook application.  Here’s how to leverage the plug-in for better, faster, and smarter source-to-contract management today!

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CobbleStone Software Blog Recap for May 2020

By Maria Votlucka on 06/3/20


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

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