CobbleStone Software Blog Recap for November 2023

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    CobbleStone Software gives its November 2023 blog recap.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 software and procurement best practices in December by reading the latest CobbleStone® content.

     

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    CobbleStone Software helps you say goodbye to stressful spreadsheet contract management in 2024.

    Say Goodbye to Spreadsheets for Contract Management in 2024

    Spreadsheet-driven contract management processes are error-prone, time-wasting, inefficient, disorganized, and lacking in security.  Such practices should stay in the past; contract management professionals should begin 2024 with practical, centralized, user-friendly, and scalable contract lifecycle management solutions.

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    CobbleStone Software explains contract termination in 3 simple steps.

     

    Contract Termination - A Simple, 3-Step Approach

    Contract termination should involve rigorous financial analysis, contract performance data analytics, and the creation of a notice of termination.  Unfortunately, contract termination involves tight deadlines and specific terms required to terminate a contract. Organizations need a strategy to identify contracts not meeting contract KPIs, write notices of contract termination, and secure proper contract closeout. 

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    CobbleStone Software explains signature blocks in contract lifecycle management.

     

    What Are Signature Blocks in Contract Lifecycle Management?

    With digital transformation, the way we sign and validate documents has evolved significantly. The concept of a signature block is important in the realm of business communication and legal agreements. But what is a signature line or block exactly? Often seen at the end of contracts, emails, and business letters, these blocks are more than just a space for your signature. They are a testament to your identity, professionalism, and attention to detail.

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    CobbleStone Software explains contract extensions with contract management software.

     

    Contract Extensions: Taking Back Control With CLM Software

    In the dynamic world of legal operations, the agility to adapt and extend contractual agreements is crucial. With the ever-evolving nature of business relationships, the concept of contract extension has become a central aspect of organizational operations. Whether it is discussions about an extended contract, written communications about the extension of a contract, or a formal contract extension agreement, the need to efficiently manage these extensions is paramount.

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    Free IDC MarketScape CLM Software Report

     

    CobbleStone Software explains document execution in contract management.

    Understanding Document Execution in Contract Management

    In the intricate world of contract management, the term 'executed' often emerges as a focal point of discussion and sometimes confusion. While contracting professionals juggle numerous contracts, the clarity around what exactly it means for a document to be 'executed,' and the significance of an 'executed copy,' becomes paramount. This confusion can lead to significant pain points, misinterpretations, and misunderstandings in contract management.

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    CobbleStone Software explains best negotiation style for union negotiations.
    What Type of Negotiation Style is Best for Union Negotiations?

    Union negotiations are critical for maintaining a harmonious work environment and ensuring operational continuity. Still, they are fraught with challenges. Organizations frequently grapple with finding the optimal negotiation style that balances assertiveness with diplomacy and efficiency with comprehensiveness. In these challenging situations, having the right strategies and tools becomes paramount.

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    CobbleStone Software explains 4 secondary functions of CLM software.

    4 Secondary Functions of CLM Software That Can Provide Immense Value

    Today, let's talk about some secondary functions of contract lifecycle management (CLM) software that you may be missing out on that can provide immense value to your business processes.

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    Turning Evergreen Contract Challenges Into OpportunitiesCobbleStone Software explores turning evergreen contract challenges into opportunities.

    Anyone managing contracts knows about the evergreen contract. Evergreen agreements stand out for their ability to self-renew - offering a blend of convenience and continuity for both parties. However, this same perpetual nature can pose unique challenges in evergreen provisions tracking and management.

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    Now that you are caught up with our November articles, be sure to keep an eye out for our December 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!

    CobbleStone's user-friendly, robust, and scalable solution seamlessly integrates with mission-critical applications, including MS Word, MS Outlook, and MS Excel, for unified and seamless contract management.

     

    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: 12/5/23
    Sean Heck

    Written by Sean Heck

    Sean Heck is Content Marketing Manager at CobbleStone Software

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