CobbleStone Software Blog Recap for August 2022
By Sean Heck on 08/31/22
6 Elements of a Contract - An Easy-to-Understand Overview
By Sean Heck on 08/25/22
Business relationships power various industries within the public and private sectors. At the crux of virtually every business relationship is a contract. Contracts serve to cement the obligations, duties, and expectations of two or more engaged business parties.
But what are contracts really? How do they work on a fundamental level?
Let’s explore six key elements of a contract that are widely applicable to almost every business relationship – and why they matter for effective contract management.
5 Contract Drafting Tips To Invigorate Your Legal Operations
By Sean Heck on 08/23/22
Contract drafting is essential in helping capture the purpose of a contract in written form. Haphazard drafting of a contract can result in pushing outdated contract versions to collaboration and negotiation. Additionally, the lack of a centralized and informed process can result in incorrect language being introduced into the review process. Unfavorable terms, missed obligations, and legal disputes can follow.
To help you avoid these consequences and more, here are five practical contract drafting tips for more effective contract management.
The CobbleStone University Certification Program
By Tyler Holzer on 08/18/22
CobbleStone Software is proud to introduce the CobbleStone University Certification Program (CUCP)! The program will strengthen and verify our Partner Network’s expertise in CobbleStone Contract Insight® Enterprise. The program is comprised of a series of live training sessions and videos with accompanying documentation, and culminates in assessments to earn your certification. Read on to learn more!
CobbleStone Software Blog Recap for July 2022
By Joshua Hansen on 08/10/22
Did you miss any of our blog posts from July? 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 software and procurement best practices in August by reading the latest CobbleStone® content.
6 Contract Compliance Mistakes You May Not Know You’re Making
By Sean Heck on 08/9/22
Contract compliance is crucial for the success of a contract – and sets the stage for contract renewals. Unfortunately, many organizations are (sometimes unwittingly) exposing themselves to financial risk, breaches of contract, and legal penalties. Contract compliance mistakes can lead to contract failure, data leakage, a shattered reputation, lawsuits, and more.
Contract managers need to know their mistakes in order to correct course. As such, here are six contract compliance mistakes you might not know you’re making.
Not Using Contract AI? Contract Process Failure May Be In Your Future.
By Sean Heck on 08/4/22
Digital transformation is the future of contract management – whether legal operations professionals like it or not. Organizations not leveraging contract intelligence may very well encounter a bleak contract lifecycle management future.