CobbleStone Software Blog Recap for March 2024

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    CobbleStone Software gives its blog recap for March 2024.


    Did you miss any of our blog posts from March?  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 April by reading the latest CobbleStone® content.


    Register: 2024 Contract Management Masterclass!

    CobbleStone Software presents its employee on Wendy Angus-Anderson, Corporate Lawyer.

    CobbleStone Employee Focus: Wendy Angus-Anderson, Corporate Lawyer

    Meet Wendy A., a Corporate Lawyer at CobbleStone Software that has been a member of the CobbleStone® family since January 2023. Recently, we interviewed Wendy about her experience at CobbleStone where she kindly shared some insights into her role as well as advice she has for those considering a career in SaaS/contract management software.


    CobbleStone Software breaks down the basics of contract risk management.

    Contract Risk Management - Breaking Down the Basics

    A proper legal risk management process is critical for the preservation of a healthy contracting process. Failure to adequately manage contract risk can be disastrous. Harmful contract risk oversights affect not only legal teams – but organizations as a whole. As such, let’s break down agreement risk management and how it can be maximized with contract management software.

    CobbleStone Software explores contract generation or contract creation in this blog from its mastering contract management series.


    Contract Generation: Mastering Contract Management Series

    Generation of legally binding contracts from verbal agreements can be challenging for contract, procurement, and legal professionals. Manual contract generation or contract creation can be tedious and error-prone. It’s time to save time and take control of contract creation. Learn how to transform your manual generation process into a value-centric strategy. 

    CobbleStone Software explains how to understand annual contract value (ACV) and its calculation.


    Understanding Annual Contract Value (ACV) & Its Calculation

    In virtually any business context, understanding the financial metrics that drive operational success and revenue is crucial. One such metric that plays a pivotal role in measuring the financial health of an organization is ACV (annual contract value). In this blog post, let's explore the concept of annual contract value, its importance, and how to calculate it.



    CobbleStone Software explains contract renewals in its mastering contract management series.

    Contract Renewals: Mastering Contract Management Series

    Manual renewal methods with spreadsheets, emails, emailed reminders, and wet signatures may suffice for organizations with low contract volume and complexity. Unfortunately, organizations managing thousands of contracts of ranging types can face challenges. Moreover, such an outdated contract renewal strategy can increase the risk that a contract expires with a desired renewal having been overlooked. It's time to take control of how you manage contract renewals.


    What is Contract Lifecycle Management?

    CobbleStone Software explains contract lifecycle management.

    Organizations of all sizes face the need to juggle multiple digital contracts simultaneously, with each contract being at a different stage of the contract lifecycle. Leading contract management software saves time, reduces risks, improves productivity, and maximizes a contract's value. But what is CLM (contract lifecycle management)? Read on to find out!



    10 Contract Management System Requirements Your Solution Needs & Why

    CobbleStone Software explains 10 contract management system requirements your solution needs and why.

    There are many efficient contract management platforms on the market for small businesses, expansive enterprises, and those in between. As such – searching for the best contract management software with which to manage contracts can be daunting. But it doesn’t have to be; you just need to know which contract lifecycle management requirements to look for when implementing a contract management system.



    Managing HIPAA Business Associate Agreements: The Ultimate Guide

    CobbleStone Software explains how to manage HIPAA business associate agreements in this ultimate guide.

    Central to HIPAA compliance are business associate agreements (BAAs) - contracts that support a foundation of privacy, security, and integrity of patient data as it flows through the various invisible hands of the healthcare ecosystem. The stakes are high for healthcare organizations - for the legal and financial ramifications of business associate contract mismanagement can erode the reputation and stability of a business. As such, let's explore how to make overseeing these complex and critical contracts as smooth and efficient as possible.



    What Is an Executed Contract? - A Brief Overview.

    CobbleStone Software explores executed contracts and gives an overview.

    Contract execution is a critical stage in contract lifecycle management. By this point, the terms of the contract have been negotiated. Parties involved have ensured that everything is understood and all necessary resources have approved the written agreement. From there, contract parties sign the contract to propel its execution. Given the importance of this stage of contract management, you should know what an executed contract is and its meaning. As such, here is a brief overview of an executed contract.



    Make Your Case for Contract Lifecycle Management Software


    Now that you are caught up with our March articles, be sure to keep an eye out for our April content.  Never miss a blog post again, and let us notify you when new articles are published by subscribing to our blog!  No time to read?  Then check out CobbleStone's YouTube channel for exciting video content.  Be sure to like and subscribe!

    Discover why thousands of contract management professionals trust CobbleStone Software for their contract management, sourcing, and procurement needs.  Book a free demo with a CobbleStone Contract Insight expert to learn more about CobbleStone's acclaimed contract management, eProcurement, and eSourcing software!

    CobbleStone Software offers a complimentary demo.

    Published: 04/9/24
    Sean Heck

    Written by Sean Heck

    Sean Heck is Content Marketing Manager at CobbleStone Software

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