Contract Insights

Contract termination should involve rigorous financial analysis, contract performance data analytics, and the creation of a notice of termination to avoid a breach of contract.  Unfortunately, contract termination involves tight deadlines and specific terms of the contract required to terminate a contract. Organizations need a strategy to identify contracts not meeting contract KPIs, write notices of contract termination, and secure proper contract closeout. 

This article will show you how to implement this strategy readily with the help of contract management software.

Vendor, customer, and employee compliance management are essential for organizations to maintain adherence to compliance standards, mitigate risk, and uphold their reputation. However, as contract volume grows, it can be difficult for organizations to track the records of vendors, customers, partners, and employees regularly. To achieve and maintain compliance, it is paramount that organizations, regardless of industry, remain aware of violations committed by entities they are performing business with. Such violations include failure to adhere to economic and trade sanctions under The Office of Foreign Assets Control (OFAC). Contract management software with intelligent national sanction compliance checks and risk analysis snapshots can help organizations avoid these issues by providing a comprehensive and centralized OFAC search process. This solution is CobbleStone Software

CobbleStone^® has released its latest CLM software update - CobbleStone Contract Insight^® Enterprise Version 22.2.0. This exciting new release offers AI-powered contract lifecycle management software tools for continuous contract management innovation and automation! Read on to familiarize yourself with next-generation contract management software features and enhancements to centralize and streamline your contract administration and eProcurement processes!

CobbleStone® has released its latest software update - CobbleStone Contract Insight^® Enterprise Version 22.1.2. This new release offers refreshing contract lifecycle management software tools for continuous legal operations success! Read on to familiarize yourself with next-generation contract management software features and innovations to centralize your contract administration processes!