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

By Sean Heck on 09/15/22

reading-minutes-icon-one-color 4 min read

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.

Continue Reading

What Is a Contract Administration Plan?

By Joshua Hansen on 06/21/22

reading-minutes-icon-one-color 5 min read

Contract administration can be a daunting process when relying on primarily manual tools - such as spreadsheets, shared drives, and disparate emails.  Without accountability, visibility, and a clearly defined contract administration plan, you can find yourself running into compliance issues, minimizing contract value, and encountering other setbacks.  Read on to learn how you can create a strong contract administration plan with the help of leading contract management software.

Continue Reading

Contract Termination - A Simple, 3-Step Approach

By Sean Heck on 03/7/22

reading-minutes-icon-one-color 5 min read

This blog post was updated on March 7th, 2021.

Contract termination should involve rigorous financial analysis, contract performance data analytics, and the creation of a notice of termination.  With tight deadlines and specific terms required to terminate a contract, organizations need a strategy to identify contracts not meeting contract KPIs, write notices of contract termination, and secure proper contract closeout.  This article will show you how to implement this strategy readily with the help of contract management software.

Continue Reading

CobbleStone Software Blog Recap for February 2022

By Sean Heck on 03/3/22

reading-minutes-icon-one-color 3 min read

Did you miss any of our blog posts from February?  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 software and procurement best practices in February by reading the latest CobbleStone® content.

Continue Reading
Website Graphics_Collage for Website Module copy
RESERVE MY SEAT
REGISTER TODAY

Lists by Topic

see all

Posts by Topic

see all