Contract Insights: The Leading Resource for Contract Management & Procurement Professionals

Passing on Contract Analysis? You May Be Repeating CLM Mistakes.

By Sean Heck on 09/15/22

4 min read

CobbleStone Software explains why passing up contract analysis can lead to CLM mistakes.

The age of digital transformation has forged a path of opportunity for analyzing vital information to improve business processes. This phenomenon strongly applies to contract data as well. Unfortunately, many businesses managing contracts fail to maximize contract data points to learn from mistakes and improve contract processes. As such, they fail to reduce risk, optimize contract terms and language, proactively recognize growth opportunities, strengthen the contract review process, and more.

Thankfully, you can avoid falling victim to contract lifecycle process failure and stagnation with contract management software.

Topics: Contract Analytics risk management Contract Reports & Analytics contract risk AI-Based Contract Management Contract Review Contract Analysis

Million-Clause Project Milestone - 500K Clauses Fed To Contract AI!

By Sean Heck on 09/6/22

3 min read

CobbleStone Software announces that 500K clauses have been fed into VISDOM® AI for the million-clause initiative.

In April 2022, we announced CobbleStone's exciting million-clause initiative to nourish and enhance VISDOM® AI - CobbleStone Software's proprietary contract intelligence engine with machine learning. In June 2022, we announced that 330K contract clauses had been fed to VISDOM contract AI. Now, we are thrilled to announce that over 500,000 clauses have been "fed" to VISDOM thus far! This stage in the momentous 1,000,000 contract clause project is just one of many testaments to why CobbleStone® has been hailed as the leader in contract management software.

Topics: VISDOM AI Contract Artificial Intelligence contract clauses Contract Management AI AI-Powered Contract Management Software AI-Based Contract Management Contract Intelligence

Not Using Contract AI? Contract Process Failure May Be In Your Future.

By Sean Heck on 08/4/22

3 min read

CobbleStone Software explains why contract AI is necessary for a positive CLM future.

Digital transformation is the future of contract management – whether legal operations professionals like it or not. Organizations not leveraging contract intelligence may very well encounter a bleak contract lifecycle management future.

Topics: VISDOM AI Contract Artificial Intelligence Contract Management AI AI-Powered Contract Management Software AI-Based Contract Management Contract Intelligence

6 Tips for Effective Contract Management in 2023

By Sean Heck on 07/14/22

3 min read

CobbleStone Software shares 6 tips for effective contract management in 2023.

The age of legal operations digital transformation continues in 2023, with even more exciting digitization tools for business process automation available. The more contract administration tools available to legal teams and contract administrators – however – the easier it is to fall behind. With that said, let’s examine six tips for effective contract management in 2023 to get ahead with contract management software.

Topics: Agreement tracking contract negotiation contract performance Contract Performance Metrics contract repository contract tracking Contract Tracking Software e-sign E-signatures eSignature signatures tracking Electronic Signature electronic signatures Document Collaboration eSignatures VISDOM AI Contract Artificial Intelligence Contract Management AI AI-Powered Contract Management Software AI-Based Contract Management asset tracking electronic signature software IntelliSign digital signatures digital signature software contract collaboration Contract Redlining secure contract repository contract signatures