Contract Insights

From simple deals between friends to complex business arrangements, contracts play a crucial part in defining the terms and conditions of an agreement. One common type of contract is a bilateral contract – which we will explore in this blog post!

What is a signatory? Have you ever come across the term in a contract or other legal document? In simple terms, a signatory is someone who signs on the dotted line to formally indicate their commitment or agreement to a contract. However, a contract signer's responsibilities can vary depending on the context of a contract. This post will delve into the definition of a signatory, explain key aspects of the role, outline the responsibilities, explore the types of signatory, and reveal how to make the job of a signatory easier and more streamlined.

Did you remember to read all 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.

Managing contracts and maintaining contract process efficiency can be challenging—especially without an understanding of contract lifecycle management and the proper functionality to succeed. In fact, 25 percent of contract management professionals we asked don't have a dedicated contract management system. It's crucial to enter into a contract with a clear-cut strategy and the best contract management tools for the job. So, what are the four components of contract management? Let's find out!

2025 seems to be a year of federal downsizing, and there seems to be more to come. In this environment, state and local governments are likely to continue facing increased pressure to do more with less. Budget constraints are forcing agencies to adjust their spending while retaining and maximizing efficiency. To that end, CobbleStone Software recognizes state and local governments' challenges and is committed to providing contract lifecycle management and eProcurement solutions while easing the burden of federal budget cuts. Here's how. But first...

Since 1967, the Freedom of Information Act (FOIA) has preserved the public's right to request access to US Federal Agency contract records and data; the government of the United States is required to disclose federal agency records, including commercial or financial information. Learn about the Freedom of Information Act and how a public access portal for FOIA government contracts - coupled with the far-reaching power of leading-edge contract management software - can streamline requests for FOIA contracts.

Contract management for government contractors demands meticulous attention to detail and leaves much risk of error. These contractors work with an almost endless supply of different government agencies. Different levels of government contract complexity and various strict regulatory requirements inherent to these agreements can become overwhelming quickly. Until now! In today's environment, contract management software for government contractors makes everything more straightforward and less intimidating. Here's how.

What is the goal of contract management? This question is essential for legal operations professionals to ask themselves when forming their approaches to better governance over processes. This post will outline the five key goals of contract management. Understanding these goals is the first step to optimizing contract processes and driving better business outcomes.