Contract Insights

The health of the contract lifecycle relies upon efficient contract task management.  Manual methods for completing contract tasks relating to pre-award and post-award contract lifecycle management can be error-prone, inefficient, and tedious - potentially decreasing your organization's ROI.  Read this blog to learn how your organization can embrace streamlined and future-minded contract task management with AI-powered contract management software.

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

It is important for procurement professionals to successfully align vendor management and purchasing goals with a trusted solution.  Luckily, CobbleStone Software - which has been preferred by procurement professionals for over 20 years - can help organizations to establish a procurement strategy, strengthen procurement processes, and commit to a future-minded and proactive approach to procurement while embracing automated eProcurement software.  Read on to learn why so many procurement professionals choose CobbleStone time and time again.

If your organization is planning on leveraging contract management software, it is crucial that your team is aware of how to oversee user permissions effectively.  The terms of many contracts necessitate user permissions parameters to be put in place regarding access to contract documents, files, field data, reports, and more.  Manually managing user permissions with methods involving spreadsheets or unsecured folders, access that must be approved or restricted via disparate emails or other decentralized communication, or the nearly impossible task of managing different levels and stages of access as the contract lifecycle ensues can leave your organization at legal and regulatory risk.  Learn how to mitigate such risk factors and more with cutting-edge contract lifecycle management software.

Contract writing - also known as contract authoring - is a critical stage of the contract lifecycle.  The contract writing process involves contract parties putting into written copy the terms of a contract.  One extremely important facet of contract writing is  contract clause management.  Insufficient contract authoring procedures as they pertain to contract clause management often rely upon disorganized tracking of versions, a lack of unified contracts and subcontracts, and - unfortunately - scattered clauses.  Such processes can leave your organization with contracts that are missing clauses, an overlooked mass of key dates and milestones, and unified contract lifecycle management.

In the wake of unpredictable circumstances such as the ongoing COVID-19 pandemic, your organization is more than likely allowing employees to work remotely.  No matter which relevant industry you are working in, you must be supported with a sufficient system in place for contract management, sourcing, and procurement operations.  To that end, we've assembled a list of five tips for maintaining remote contract management software process efficacy during the COVID crisis.

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

2021 is rapidly approaching and, with it, innovations and enhancements to contract management automation.  To that end, here is a list of user-friendly, future-minded, and industry-advancing contract management software features, processes, and best practices that organizations can empower themselves with to successfully and confidently navigate the evolving landscape of contract management through 2021 and beyond.