Contract Insights

As was detailed in our recent blog on CobbleStone’s PC Helper App for MS Outlook, contract generation is a multi-faceted process.  A unified procedure for contract collaboration, contract writing, and contract negotiation can be hard to come by.  The “track changes” feature that comes with MS Word out of the box can help make the contract negotiation process easier with redlining.  However, version control issues can arise when contract stakeholders work on different computers in disparate locations.  In turn, documents that are saved locally can easily get lost – potentially resulting in more work for involved contract stakeholders.

To avoid issues such as lost document versions and contract lifecycle bottlenecks, CobbleStone Software’s latest release of its celebrated contract management software – Contract Insight® 17.7.0 – offers a PC Helper App that seamlessly integrates with MS Word. Here’s how to use that functionality.

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.

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.