Contract Lifecycle Management Part 1: Mastering Contract Management Series

By Maria Votlucka on 03/30/21

This blog post was updated on March 30th, 2021

Contract lifecycle management requires a thorough strategy, careful planning, and the right technology.  Without all three elements, managing contracts can not only be challenging for contract management, sourcing, procurement, vendor management, and legal professionals; it can prove difficult to maximize contract value.  Contracts require tremendous pre-award and post-award investment.  Without a suitable contract management system in place, you can find it difficult to maximize ROI.  Too many organizations are missing end-to-end contract management that provides a clearly defined process, actionable insights, and accountability - ultimately negatively impacting productivity, profitability, risk exposure, and compliance.  Read on to learn how you can master contract lifecycle management.

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How Contract Management & Contract Lifecycle Management Differ

By Maria Votlucka on 03/25/21

This blog post was updated on March 25, 2021.

The terms "contract management" and "contract lifecycle management" may at first seem interchangeable.  However, there are clear differences between the two.  Organizations looking for opportunities to streamline contract processes, increase revenue, improve compliance, and maintain security must develop an understanding of the differences between contract management and contract lifecycle management so that - when the time is right - they can adeptly leverage contracts to achieve organizational goals and reach new heights in contract administration.

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What to Expect: Learning How to Use New Contract Management Software

By Nash DeVita on 03/24/21

Congratulations!  [Hypothetically] you’ve just enlisted the aid of a new contract management software solution to improve your processes!  Now that you have a shiny new contract lifecycle management software system at your disposal, what’s next?  Learning how to use it, of course!  We, at CobbleStone Software, recommend having a system administrator from your organization go through formal training - such as CobbleStone's FREE Contract Insight® online group training - administered by a training specialist from your new software provider’s training department.  How should your organization prepare?  Which resources should you allocate?  What might this training process entail?  Read on to find out how to maximize contract management software training for seamless user adoption and increased ROI.

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COVID Vaccine Rollout Highlights Importance of Supply Chain Management

By Sean Heck on 03/19/21

As the US begins to successfully mitigate the effects of the ongoing COVID 19 pandemic, it would be nearly impossible to overstate how vital it has been for manufacturers to consistently improve and optimize the COVID vaccine supply chain and for the US government to enlist the aid of the best possible suppliers.  As the current rate of daily doses continues to grow - and we celebrate how successful supply chain management has begun to save the day - let's look at some tips to maintain future-minded supply chain management processes moving forward.

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Manage Contract Files & Attachments With Contract Management Software

By Sean Heck on 03/18/21

Managing, storing, and organizing files and attachments pertaining to contract management processes without the right the right tools can be challenging.  Limitations that may come with exporting, downloading, and storing contract files and attachments manually can lead to disastrous consequences - including (but not limited to) delays with gathering contract request materials, the use of obsolete versions during contract authoring, lapses in contract negotiation collaboration, approval and eSignature delays, missed key dates and milestones, squandered opportunities, and other contract lifecycle bottlenecks.

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5 Helpful Post-Award Contract Management Software Tips for 2021

By Sean Heck on 03/17/21


Government contract management can be divided into three overarching phases: procurement and acquisition planning, the sourcing and award, and post-award contract administration.  The first two phases typically enjoy the most time, attentiveness, and financial investment.  However, the neglect of the third stage - post-award management - as a tertiary duty can leave your organization unsupported and en route toward needless compliance violations, increased risk variables, and missed opportunities.  It could be argued that the post award contract process is the most essential stage for your government organization, but it has notoriously been abandoned to insufficient visibility and a lack of allocated resources.  Read this article to learn how to face the challenges of post award contract management head on with an actionable post award contract management software solution.

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How To Maximize Construction Contract Management

By Joshua Hansen on 03/12/21

Managing various construction contracts can be a challenging process to coordinate and streamline – especially when dealing with multiple stakeholders and ranging construction project timelines.  Relying on disparate contract management methods - such as postal mail, wet-signatures, filing cabinets, emails, shared drives, and paper-based negotiations – can waste precious time and energy.  With the help of a streamlined construction contract management software, you can centralize and streamline your processes and capture full contract lifecycle management oversight from contract requests to renewals, especially with the help of integrated eSourcing software that streamlines construction project bidding. Read on to learn how construction contract managers can maximize contract management with the help of key contract lifecycle management software features.

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8 Hot Tips for Streamlined & Centralized Purchase Management in 2021

By Sean Heck on 03/10/21

Robust purchase management software can decrease administrative costs, increase accountability, enhance communication and asset management, and assist your organization in operating efficiently and effectively.  Trusted purchase order software can assist your organization in making better purchasing decisions with full asset lifecycle management.  As you continue on through procurement month, read on to learn eight hot tips for expedited and unified purchase order management in 2021 and beyond.

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CobbleStone Partners With Twilio for Advanced CLM Authentication

By Sean Heck on 03/8/21

Read about CobbleStone Software's partnership with Twilio for advanced contract lifecycle management software user authentication below.

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March Into Procurement Month: Find the Best Procurement Software

By Sean Heck on 03/5/21

Ineffectual procurement strategy can lead to elevated risk, dark purchasing, supplier issues, data inaccuracies, and a drawn out purchasing cycle or procurement cycle.  As we enter the procurement month of March, organizations should seek new ways to innovate the fulfillment of purchasing goals.  So stop wasting time, squandering opportunities, and mismanaging resources with a disjointed and inefficient procurement process.  March into procurement month with your eyes open for these, the best procurement software features for your processes.

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Pharma & Life Sciences Excellence with Accelerated Contracting

By Sean Heck on 03/3/21

This blog post was updated on March 3, 2021.

Pharmaceutical and life sciences organizations have a lot on their plate.  Unfortunately, many organizations lack an efficient process to handle a myriad of contracts, clinical trials, promotions, supplies/goods, regulations, and compliance standards.  Consequently, these organizations may leave themselves unprotected from potential increased risk, delays, compliance violations, wasted time, and squandered revenue.  Here’s how to improve life sciences and pharmaceutical contract management with accelerated contracting and compliance management.

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CobbleStone Software Blog Recap for February 2021

By Joshua Hansen on 03/2/21

Did you miss any of our blog posts from February?  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 and procurement best practices by reading CobbleStone’s latest content.

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