Contract Insights

Mike Gormley, the Sales Department Manager at CobbleStone Software, has been a member of the CobbleStone^® family since January 2018. Recently, we interviewed Mike about his experience at CobbleStone, and he shared some brief insights into his role as well as some great information about upcoming webinars and learning events.

In the minds of legal professionals, the pressure is ON. And yes, you read the title correctly. The vast majority of legal professionals - a whopping 84 percent - experience pressure to simplify their contract processes (according to a recent survey from World CC). From contract creation to renewal, there seems to be something missing. Contract managers face immense stress from outdated contract management processes, misunderstandings, lack of efficiency, and elevated costs (to name a few). In the interest of drilling down deeper, let's thoroughly examine some of the reasons corporate counsel, general counsel, paralegals, legal departments, and others are clamoring for contract simplification.

Ineffectual procurement strategy can lead to elevated risk, dark purchasing, supplier issues, data inaccuracies, and a drawn out purchasing cycle or procurement cycle.  March is procurement month, so organizations should seek new ways to innovate the fulfillment of purchasing goals.  So stop wasting time, squandering opportunities, and mismanaging resources with a disjointed and inefficient procurement process.  March into national procurement month with your eyes open for these, the best procurement software features for your processes.

You’ve probably heard the term “NDA” thrown around in the context of contract and business processes. But what is an NDA? When should they be used? How can NDAs be managed?

Let’s uncover what you need to know about the non-disclosure agreement (NDA).