Contract Insights

Contract management is a multi-faceted process.  Without oversight over each stage in the life of a contract, your organization can suffer from process bottlenecks, missed contract obligations and tasks, wasted time, lawsuits, decreased revenue, and missed opportunities - to name a few.  Fortunately, you can increase your ROI by better understanding approaching contract management.  Here are the four phases of contract management and how to tackle them with contract management software.

Did you miss any of our blog posts from November?  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 the latest CobbleStone® content.

Contract management professionals of all types are in the age of digital transformation.  Organizations need to correctly leverage contract management tools to adapt successfully.  As with any practice, mistakes in contract management are quite possible.  Contract management teams leveraging obsolete, manual methods are even more likely to commit CLM errors – resulting in contract lifecycle bottlenecks, missed key dates and milestones, and lost revenue.  Mistakes in contract management must be avoided.  Read this blog to discover six common mistakes in contract management – and how they can be evaded with the help of contract management software.

Did you miss any of our blog posts from October?  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 the latest CobbleStone® content.

You may have seen or heard the term CLM tossed around in conversations and online.  However, perhaps you do not have a comprehensive understanding of what it truly means.  Contract management professionals, including general counsel and paralegals, should gain at least some conversance with CLM and how digital contract management software tools can be leveraged for success in contract lifecycle management.  Read on to discover an introductory overview of CLM.

As your organization's contract management software processes evolve and mature, so too will the features of your CobbleStone® Contract Insight system.  Over time, you may update your processes, configurations, and - very likely - your CobbleStone users.  We at CobbleStone Software know that it can be a daunting transition for new contract software system users to jump into a live system - especially if those users are contract management system admins.  Luckily, we have your back!  CobbleStone offers numerous resources to get your organization's new users up to speed on all the features and functionality the system has to offer.  Regardless of your users' roles, CobbleStone can offer a training solution to fit your needs.

2021 has already brought many enhancements and innovations to contract management automation - and contract management technology will not stop enhancing contract management processes any time soon.  Your organization could be missing out on user-friendly and future-minded contract management system tools.  As such, here is a list of four must-have contract management software features for a streamlined, simplified, cost-effective, and configurable process for increased ROI.

Choosing a contract lifecycle management (CLM) software provider can be challenging, especially if you’ve never worked with CLM software and do not have anything to compare it to.  Fortunately, industry-leading contract management software analysts, including those from Forrester Research Inc., can communicate and showcase their findings - offering you expert advice.  Forrester recognizes CobbleStone® Software as a Leader in their report titled, “The Forrester Wave^TM: Contract Lifecycle Management For All Contracts, Q1 2021.”  CobbleStone Contract Insight® received a ranking among the top three CLM software providers in the Current Offering category within Forrester’s evaluation.  Read on to learn why CobbleStone was named a leader, according to Forrester’s expert analysts.