Contract Insights

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!

Read this blog for a rapid, high-level, general overview of CobbleStone Software's contract management software suite - Contract Insight®, its purpose, and some of its key features.

As we step into 2021, CobbleStone Software’s Executive VP – Mark Nastasi – reexamines contract management software technology trends in the wake of the many challenges of 2020.  He provides expert insight into how organizations can move forward into more future-minded, automated, and user-friendly contract management in 2021 and beyond.  Read his considerations and suggestions below.

Managing various types of entertainment and media contracts from varying locations, often internationally, with multiple departments and roles can be an arduous process - especially when relying on disparate methods such as postal mail, wet-signatures, filing cabinets, emails, shared network drives, and lengthy paper-based negotiations.  Dealing with and tracking a high volume of contracts – from intellectual property contracts to option agreements, among many others - can be tremendously challenging without the right contract management system in place.

Vendor risk management can be daunting for risk management professionals and financial contract management teams.  In many cases, the process of sourcing a suitable vendor or partner is hard enough on its own.  However, a risk or vendor management professional must also understand a business's requirements and solicit vendors, contractors, and other partners to engage in business with to ensure they are qualified.  Add to the mix the financial responsibility of ensuring compliance under OFAC, or the Office of Foreign Assets Control, from the United States Treasury Department.  Clearly, the duties of reviewing the vendor onboarding process, agreement terms, and clauses can be a time-consuming set of tasks.  Leading contract management software, however, can streamline these processes with seamless OFAC search integration.  Read this blog by CobbleStone's Founder and Executive VP, Mark Nastasi, to learn how.

CobbleStone Software's newest release – Contract Insight® Enterprise Version 17.7.1 – has arrived, bringing forth new features and enhancements to improve your contract management software suite!

General Counsel and paralegals face growing contract volume and contract complexity.  The lack of an efficient legal contract management process can render obstacles that legal departments encounter nearly impossible to overcome.  As such, here's how to utilize legal contract management software for a shortened legal contract lifecycle.

Managing contracts can be challenging for legal, procurement, and contract management professionals, especially when primarily relying on outdated processes.  Managing the contract lifecycle from requests to renewals can prove challenging with spreadsheets, emails, filing cabinets, and other disparate tools and systems.  Without accountability, visibility, a clearly defined process, and actionable insights, organizations can find themselves running into compliance issues, not realizing contract value, and encountering other setbacks.