CobbleStone® Software's latest release – CobbleStone Contract Insight® Enterprise Version 17.9.0 – is here, providing visionary CLM features and feature enhancements to bring your contract management software suite even further into the future!
This blog post was updated on March 25, 2021.
The terms "contract management" and "contract lifecycle management" may at first seem interchangeable. However, there are clear differences between the two. Organizations looking for opportunities to streamline contract processes, increase revenue, improve compliance, and maintain security must develop an understanding of the differences between contract management and contract lifecycle management so that - when the time is right - they can adeptly leverage contracts to achieve organizational goals and reach new heights in contract administration.
CobbleStone Software's latest release – Contract Insight® Enterprise Version 17.8.0 – has arrived, delivering visionary features and enhancements to supercharge your contract management software suite!
Contract writing - also known as contract authoring - is a critical stage of the contract lifecycle. The contract writing process involves contract parties putting into written copy the terms of a contract. One extremely important facet of contract writing is contract clause management. Insufficient contract authoring procedures as they pertain to contract clause management often rely upon disorganized tracking of versions, a lack of unified contracts and subcontracts, and - unfortunately - scattered clauses. Such processes can leave your organization with contracts that are missing clauses, an overlooked mass of key dates and milestones, and unified contract lifecycle management.