6 Elements of a Contract - An Easy-to-Understand Overview

By Sean Heck on 08/25/22

Business relationships power various industries within the public and private sectors. At the crux of virtually every business relationship is a contract. Contracts serve to cement the obligations, duties, and expectations of two or more engaged business parties.

But what are contracts really? How do they work on a fundamental level?

Let’s explore six key elements of a contract that are widely applicable to almost every business relationship – and why they matter for effective contract management.

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The 3 Contract Management KPIs for Success

By Maria Votlucka on 08/15/22

Contract managers are under increased pressure to deliver value with reduced contract risks, decreased contract costs, and improved contract performance.  When you regularly measure the success of contracts against contract management KPIs, you can proactively readjust your contract strategy to ensure goal alignment drives critical and positive organizational impact.  Read on to learn how contract management software can help maximize three important contract management KPIs for success.

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5 Key Advantages of Contract Management Workflow Automation

By Joshua Hansen on 06/2/22

Managing contracts can be challenging when you rely on primarily manual processes. Managing the contract lifecycle from requests to renewals can prove challenging with spreadsheets, emails, and other disparate tools.  Without accountability, visibility, a clearly defined process, and actionable insights, you can find yourself running into compliance issues, not realizing contract value, and encountering other contract management setbacks.  Contract management workflow requires careful planning, the right technology, and a well-thought-out contract strategy.  Read on to discover five key advantages of contract management workflow automation within contract management software.

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CobbleStone Contract Insight® 17.10.0: Empower Legal Ops for a New Era

By Sean Heck on 11/3/21

CobbleStone Software's next software generation – CobbleStone Contract Insight® Enterprise Version 17.10.0 – has arrived, introducing next-level CLM features and enhancements to bring your contract management software suite even further into the new era of legal operations!

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