Contract Lifecycle Automation - End-to-End CLM Efficiency

    By Joshua Hansen on 12/14/22

    reading-minutes-icon-one-color 4 min read

    Managing contracts can be challenging for legal, procurement, and contract management professionals, especially when primarily relying on manual processes.

    Managing the contract lifecycle can prove difficult with spreadsheets, emails, filing cabinets, and other disparate tools.

    Contract lifecycle management requires careful planning, the right technology, a well-planned contract strategy, and holistic contract lifecycle automation processes.  Thankfully, robust contract management softwarewith a foundation of AI and machine learning can help automate contract lifecycle management processes.

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    Boost AI-Based Contract Negotiations With CobbleStone® Auto-Redlining

    By Sean Heck on 11/8/22

    reading-minutes-icon-one-color 3 min read

    The process of redlining contracts for contract negotiation can be challenging if done improperly.

    Organizations that edit documents manually in Microsoft Word can increase the chances of human errors. What’s more, constant back-and-forth edits via emailed documents can result in version control mistakes and broken formats. Mission-critical clauses and sections can either be left out of a legal document or improperly positioned. Additionally, the amount of time spent on tedious, outdated redlining processes can result in lost revenue and opportunities.

    Thankfully, your legal team can start saving time on the contract negotiation process with CobbleStone’s user-friendly auto-redlining tool - powered by VISDOM® artificial intelligence. Here’s how to leverage auto-redlining within CobbleStone Contract Insight® contract management software.

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    Million-Clause Project Milestone - 500K Clauses Fed To Contract AI!

    By Sean Heck on 09/6/22

    reading-minutes-icon-one-color 3 min read

    In April 2022, we announced CobbleStone's exciting million-clause initiative to nourish and enhance VISDOM® AI - CobbleStone Software's proprietary contract intelligence engine with machine learning.  In June 2022, we announced that 330K contract clauses had been fed to VISDOM contract AI.  Now, we are thrilled to announce that over 500,000 clauses have been "fed" to VISDOM thus far!  This stage in the momentous 1,000,000 contract clause project is just one of many testaments to why CobbleStone® has been hailed as the leader in contract management software.

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    Not Using Contract AI? Contract Process Failure May Be In Your Future.

    By Sean Heck on 08/4/22

    reading-minutes-icon-one-color 3 min read

    Digital transformation is the future of contract management – whether legal operations professionals like it or not. Organizations not leveraging contract intelligence may very well encounter a bleak contract lifecycle management future.

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