Need To Extract Data From Contracts? Consider These Two Options

    By Sean Heck on 01/26/24

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

    Extracting important information from contracts was once time-consuming and difficult. Now, automated contract extraction allows organizations to streamline processes and leverage extracted information for better contract management and improved business relationships. With the rise of digital solutions, businesses often find themselves at a crossroad between using AI-based contract extraction software or hiring professional contract data extraction services. Both of these avenues offer unique benefits and are instrumental in enhancing the efficiency of contract data extraction.

    This article delves into the functionalities and advantages of both approaches, providing insights into how they transform the landscape of contract management.

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    Streamlined Contract Data Extraction With CobbleStone®

    By Joshua Hansen on 09/28/23

    reading-minutes-icon-one-color 2 min read

    Do you have many contracts to extract data from and organize within a centralized, web-enabled contract management software suite?  Extracting contract data with a manual process - especially from hundreds or thousands of legacy contracts - can seem overwhelming and time-consuming. However, it doesn’t have to be.  Read on to learn how CobbleStone's automated contract data extraction can help streamline your contract data extraction process in three easy steps.

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    Your Contract Database of the Future With Contract Management Software

    By Sean Heck on 05/22/23

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

    The contract management process has evolved drastically over the years. Managing contracts with obsolete methods is sure to make your organization fall behind. Luckily, you can automate contract lifecycle management with a contract database within contract management software. Let’s explore how a contract management database can take your contract management or legal team into the future.

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    Top 8 Contract Management Services for a Stronger Contract Lifecycle

    By Sean Heck on 07/7/22

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

    A study examining the reasons for contract management process failure found that key indicators of contract mismanagement include (among others) poor contract lifecycle planning and scheduling, late or improper contract submission and approvals, weak leadership, and lack of counterparty collaboration and communication (Mohamed, Norazida, et al., 2019).  Luckily, with leading contract management software and the proper contract management services, your organization can streamline contract management, decrease risk, increase revenue, and much more.  To that end, let's examine our top eight contract management services for more robust contract lifecycle management.

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