Contract Insights

The benefits of leveraging CobbleStone Software for end-to-end contract management success do not dissipate once a user has become familiar with the software.  On the contrary, Contract Insight^® administrators can continue to enlist CobbleStone for help with career advancement and organizational growth thanks to a variety of supplemental tools that are readily available for continued development in the industry!  In this blog, we detail these six tools.

CobbleStone opened a new international office location in Melbourne, Australia due to global demand for contract management, procurement, and vendor management software solutions.  The new office makes international client relationships and communication in Australia more convenient and supportive for current and prospective customers.

Are you aware that the GDPR (General Data Protection Regulation) was enacted by the European Union to help protect consumer information?  Yes, the GDPR is a good step forward in safeguarding the data of individuals.  In the United States, there have been comparable attempts by both the federal government and states to protect data of consumers including (but not limited to) healthcare privacy data protection (such as HIPAA), the Children’s Online Privacy Protection Act, Family Education Rights and Privacy Act (FERPA) and various similar state-enacted consumer protection laws (to name a few). 

The federal and state governments are indeed taking noteworthy steps in the interest of protecting consumer data.  However, California has notably stepped up the game with the California Consumer Privacy Act.  The California Consumer Privacy Act (CCPA for short) creates new consumer rights related to the access, management, and deletion of personal data that is collected by a business. 

Today’s procurement, legal, and sales professionals are very busy onboarding new vendors and customers, reviewing contracts, quoting deals, and qualifying leads and suppliers.  Those efforts combined with the task of data entry, learning new software management systems, checking e-mails, and other duties leaves little time to accomplish quality work.  By implementing simple and easy-to-use software tools, you can allow your staff to become more productive and allot their time to more intelligent work. 

CobbleStone Software, a leader in contract management and eProcurement software, is exhibiting at NY Tech Summit on June 6-7, 2019.  The event has been described as a “summertime Easter egg for Central New Yorkers,” because of the excitement it brings to New York this time of year, and conference hosts expect attendees to say NY Tech Summit 2019 was “worth every penny”.  The conference will be full of educational sessions, inspirational speakers, world-class collaborative workshops, and a chance for you to network with industry-leading exhibitors. 

CobbleStone’s contract management software, Contract Insight, provides system users with a searchable contract repository that makes finding information easy.  When contracts and related documents are stored on shared drives it becomes difficult to find the correct document version and contract details because of limited searching capabilities and no audit trails.  A searchable contract repository provides full transparency into document versions, updates, and related documents.

It is imperative to have proper communication methods in place in order to achieve contract management success.  One communication method is often not enough for a business to complete all tasks effectively as each one requires a specific type of communication.  Email is common for general business communication, followed by phone and sometimes text for more urgent situations. But, when working with a contract management software system filled with content like contract records, file names, account numbers, and more, it can be useful to have direct communication within the system to easily share links and refer to specific areas of the system. 

CobbleStone announces its newest release of Contract Insight™ Enterprise Edition Version 17.3.0. Building upon the success of Version 17.2, CobbleStone has included new, smart features throughout multiple modules in the system, and has improved overall capabilities and usability. Users of Contract Insight™ should take advantage of the system update. Upgrading to smarter features will make for superior contract management processes.