Artificial intelligence (AI) is positively impacting organizations across a vast array of industries. Developments in AI are proving incredibly valuable as they apply to contract management software systems. Contract management AI can transform static documents into dynamic assets for better contract lifecycle management. Here’s how to step into the future of contract management with powerful contract intelligence.
In a world where technology continues to evolve to conveniently integrate various applications for increased expediency and productivity, CobbleStone grows as well. CobbleStone’s latest release, Contract Insight® 17.6.0, allows you to integrate a proprietary MS Outlook PC Plug-in for easy, quick, and user-friendly contract management software straight from your PC desktop MS Outlook application. Here’s how to leverage the plug-in for better, faster, and smarter source-to-contract management today!
When implementing contract management software, organizations often have copious amounts of contract data that needs to be searched, analyzed, and populated into their new contract management system. Data extraction is a tedious task that can be time-consuming and overwhelming for contract management professionals. Leaving this task to software professionals who are familiar with data extraction, and who use AI technology to streamline data extraction processes, will allow for a better, faster implementation process. Discover five reasons why your organization should choose contract data extraction services.
This post was originally shared in the Paralegals Connect January 2019 Newsletter
Contract review is a daunting task for paralegals. In most cases, having an extra set of eyes to review contract terms is critical to ensure no "bad" clauses slip through the cracks. The duty of reviewing agreement terms and clauses is a time-staking task, making the effort and focus it takes to review contracts priceless to an organization. Moreover, paralegals bear a great amount of work to complete the contract negotiation and signing process quickly — all while preventing unwanted or risk associated clauses from being overlooked in the contract’s final review. Having a smart assistant handle contract data extraction, data entry, and contract tracking can be a lifesaver to the busy paralegal and, in many cases, can provide assurance that your organization’s contracts will be mistake proof.