Contract Insights

CobbleStone Software’s latest release, Contract Insight® Enterprise Version 17.6.0, has arrived with many new features and enhancements to improve your eSourcing and contract management software platform!

Contract termination involves a contract party ending a contract before its obligations are fully performed by both parties.  The cancellation of a contract should involve crucial financial analysis, contract performance data analytics, and the creation of a notice of termination.  As such, organizations need a strategy to identify contracts that are not meeting contract KPIs, to write notices of contract termination, and to ensure proper contract closeout.  This article will show you how to easily implement this strategy.

The chess-like, back and fourth nature of contract negotiations can create confusion and contract lifecycle inefficiencies.  Without a centralized and well-organized system, organizations on both ends of the contract management chessboard become trapped, halted, and unsure of where they should move their next piece.  A centralized, well-organized process can get the match moving again.  Discover how contract management software can streamline contract negotiations.

Contract writing is an essential phase in the contract lifecycle.  During the contract writing stage, contract parties put the terms of a contract into written copy.  Inefficient contract writing processes often rely on scattered clauses, poor compliance management and version tracking, insufficient line item management, and a lack of unified contracts and subcontracts.  These processes can lead to an organization that is hindered by error-prone contracts with missing clauses, missed key dates and milestones, and a decentralized process that impedes the contract lifecycle.