Contract Insights

Contract lifecycle management (CLM) software can seem like a significant investment. However, there is a high price to pay for low cost, poor contract management that will ultimately cost your organization much more in the long run. What’s more, you can plainly see the ROI contract management software provides if you know what to look for. As such, let’s take a look at 11 ways your organization can enjoy a strong contract lifecycle management ROI.

Contract managers are under increased pressure to deliver value with reduced contract risks, decreased contract costs, and improved contract performance.  When you regularly measure the success of contracts against contract management KPIs, you can proactively readjust your contract strategy to ensure goal alignment drives critical and positive organizational impact.  Read on to learn how contract management software can help maximize three important contract management KPIs for success.

Generation of legally-binding contracts from verbal agreements can be challenging for contract, procurement, and legal professionals.  Manual contract generation can be tedious and error-prone.  Moreover, a manual approach to document assembly can put organizations in the precarious position of facing:

• significant process bottlenecks.
• compliance issues.
• increased risk.
• excessive fines.

It’s time to save time and take control of contract generation.  Learn how to transform your manual contract generation process into a value-centric strategy. Make this transformation with the help of leading contract management software.

If you are a new CobbleStone Contract Insight® user, we understand that learning the contract management software system can be intimidating at the outset.  You may be asking yourself, "How will I learn the system?"  "How will I remember everything?"  "Do I need to do all of this myself?"  Well, rest assured, CobbleStone® offers a myriad of training resources to ease concerns you may have!  CobbleStone can provide training resources to fit your needs - whether you are a brand-new client, a new user of the system, or simply want to brush up on a few features.