If you work within the IT industry, you may find that the management and oversight of a high volume of IT contracts of ranging complexity can require many moving parts. If your organization is taking on IT contract management with manual contract management methods - such as those involving many filing cabinets, decentralized spreadsheets, and scattered emails - your team runs the risk of facing wasted time, squandered revenue, costly mistakes, and missed opportunities (among other harmful consequences). Leave obsolete and damaging IT contract management methods in the past; tackle the following three IT contract management best practices with centralized and user-friendly contract management software.
3 IT Contract Management Best Practices To Streamline Your Process
By Sean Heck on 09/7/21
Establishing a More Robust Risk Response Plan
By Sean Heck on 08/17/21
Successful contract management can dramatically increase revenue and organizational growth (among other things)…but unchecked contract risk can be disastrous. Inadequate contract risk prevention measures can cost your organization money and time and result in costly and damaging instances of contract mismanagement - including negligent clause language and less than legitimate business associations. To avoid these deleterious situations and more, your organization must forge and implement an ironclad risk response plan and stick to it. You can get started with your powerful risk response plan with the aid of trusted contract management software.
CobbleStone Software Blog Recap for July 2021
By Joshua Hansen on 08/3/21
Did you miss any of our blog posts from July? 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 and procurement best practices by reading CobbleStone’s latest content.
How Contract Management Reports Can Improve Your CLM Process
By Sean Heck on 07/14/21
Throughout the contract lifecycle, organizations need to keep track of an abundance of data, people, and processes related to contracts. Searching and reporting on contract lifecycle management, financial data, budget information, contract workflow processes, contract management KPIs, departments, vendors, bids, compliance, and more with a manual process is virtually impossible - especially as contract complexity and contract volume grow. Luckily, organizations can leverage contract management reports by using contract management software to make these processes a breeze. Here's how contract management reports can improve CLM processes.