Online Document Editing Is a Breeze With CobbleStone Software

By Sean Heck on 07/29/21

Simply put, document editing and document collaboration can be a nightmare - especially as they apply to contract management.  Manual and outdated document editing methods often require lots of moving parts - including various emailed communications about numerous document edits, frantic scrambling for relevant clauses, and convoluted procedures for document version tracking.  These processes can easily lead to lost document edits, erroneous clause language, and scattered and misplaced versions.  As a result, your organization could unfortunately experience missed contract tasks, delayed contract authoring and contract negotiations, and deleteriously incorrect contract clause language - which could jeopardize your organization's legal standing, reputation, and financial standing.  Leave these damaging and antiquated document editing methods in the past in favor of user-friendly online document editing with CobbleStone Software.

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Contract Authoring - What You Need To Know To Get Started

By Sean Heck on 07/2/21

Contract authoring is one of the most important stages in the life of a contract.  An inefficient contract authoring process often relies on decentralized clauses, lackluster compliance management and version tracking, inadequate line item management, and a lack of unification of contracts and subcontracts.  These contract management pitfalls can hinder organizations and result in error-prone contracts with missing or misplaced clauses, overlooked key dates and milestones, and a disorganized process that stalls the contract lifecycle.  Luckily, leading contract management software can provide intelligent contract authoring.  Read on to learn how to simplify and modernize the contract authoring process.

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We Give an Illustration That Shows the Stages in the Life of a Contract

By Sean Heck on 06/11/21

In order to get started with improving contract lifecycle management, there first needs to be an understanding of what exactly the contract lifecycle is - as well as how it progresses.  To that end, we have provided an illustration that shows the stages in the life of a contract - as well as descriptions that give more insight into how each stage involves and can be managed with contract management software!

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The 8 Stages of the Contract Lifecycle

By Jamie Reedy on 05/10/21

Contracts are legally binding - and thus need to be executed properly.  As such, organizations should be equipped with a thorough understanding of the contract lifecycle.  The contract lifecycle is the process under which a contract is authored, reviewed, sent for signature, executed, and - potentially - renewed.  The “lifecycle” is an archetype used to compartmentalize and understand a contract’s complex evolution.  The lifecycle begins with contract requests and concludes when said requests are fulfilled - with the possibility of contract renewal.  Learn about the eight stages of the contract lifecycle below.

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