Contract Insights

Vendors can provide great results and poor results, depending on who you ask.  Rating your vendors can help your organization determine the best vendors to select based on ratings from within your vendor management system.  CobbleStone’s Contract Insight® software allows users to score vendors on specific categories like performance, on-time delivery, invoicing accuracy, and quality compared to other vendors in your system.  Contract Insight rating scorecards are used to rate vendors and companies you do business with to help you make better decisions about which vendors to use in the future and what companies you have successfully or unsuccessfully conducted business with.  Learn how to easily rate and review vendors in Contract Insight with this guide.

CobbleStone attended NY Tech Summit 2019 on June 5^th through June 7^th as a contract management software exhibitor.  The event was focused on hot IT topics and trends and offered a collaborative experience. Our exciting days consisted of breakout sessions, roundtables, keynote speakers, and networking opportunities at the Oneida Indian Nation’s Turning Stone Resort and Casino located in the heart of upstate New York.  If you didn't have a chance to attend NY Tech Summit 2019, I’ve outlined some key takeaways in this article.

Government Fiscal Year End is quickly approaching, and you’ve got to decide what the best investment will be for your remaining budget.  Government contract management and purchasing professionals should examine their current processes for contract management, purchasing, and sourcing inefficiencies by answering the following questions:

Today’s procurement, legal, and sales professionals are very busy onboarding new vendors and customers, reviewing contracts, quoting deals, and qualifying leads and suppliers.  Those efforts combined with the task of data entry, learning new software management systems, checking e-mails, and other duties leaves little time to accomplish quality work.  By implementing simple and easy-to-use software tools, you can allow your staff to become more productive and allot their time to more intelligent work.