Contract Insights

The COVID-19 pandemic has pushed contract management, procurement, and sourcing professionals into uncharted waters regarding their business operations.  Organizations need to quickly find ways to cut contract-related costs and save money during times of crisis such as pandemics, economic recessions, company acquisitions/mergers, and downturns in business.  CobbleStone Software’s Contract Insight can help. Here’s how.

As Coronavirus (COVID-19) is now a global pandemic - with the United States presenting the most significant number of cases - I am reminded of current and past experiences implementing contract management software to help organizations with clinical trials and drug development tracking.  Organizations in the medical field, healthcare, pharmaceuticals, biopharmaceuticals, and other related industries need to effectively manage drug development contracts and obligations, clinical trials, manufacturing of medicine, and key opinion leaders globally.  CobbleStone’s leading enterprise contract lifecycle management software provides the solution to these challenges.

With recent world developments of the COVID-19 outbreak, it is not difficult to see why many organizations may have trouble fulfilling their contractual obligations.  Consequently, legal and contract management professionals find themselves faced with the need to seek out where in their contracts force majeure clauses are located to determine whether the suspension of contractual duties is legally justified.  CobbleStone Software’s Contract Insight can help your organization to find vital, pertinent force majeure clauses in your documents during this trying time, thanks to robust searching capabilities.  This article will teach you how.

The emergence of cloud-based technology has positively transformed the way contract management and procurement professionals have navigated their organizations’ source-to-contract software – but how?