Managing contracts can be challenging when you rely on primarily manual processes. Managing the contract lifecycle from requests to renewals can prove challenging with spreadsheets, emails, and other disparate tools. Without accountability, visibility, a clearly defined process, and actionable insights, you can find yourself running into compliance issues, not realizing contract value, and encountering other contract management setbacks. Contract management workflow requires careful planning, the right technology, and a well-thought-out contract strategy. Read on to discover five key advantages of contract management workflow automation within contract management software.
CobbleStone Software's next software generation – CobbleStone Contract Insight® Enterprise Version 17.10.0 – has arrived, introducing next-level CLM features and enhancements to bring your contract management software suite even further into the new era of legal operations!
Managing contract functions can prove challenging when primarily relying on spreadsheets, shared drives, and other siloed platforms. Without efficient contract functions, organizations can find themselves in a quagmire of inefficiency. Contract management functions require careful planning, the right technology, and a well-thought-out contract strategy. Discover how you can automate eight key contract management functions with contract management software.
Contract review is one of the most critical stages in the life of a contract. Unfortunately, many organizations are using obsolete contract management methods. Manual and entirely paper-based contract review methods can lead to missed key dates and deadlines, missed opportunities, costly and damaging contract language oversights, and other harmful consequences and contract lifecycle bottlenecks for your organization. Luckily, this blog post will examine the contract review process – as well as how one can improve contract review with AI-based contract management software.