How Business Process Automation Will Improve Your Workplace

By Rosemary Shields on 09/4/18

How Business Process Automation is Being Used Today

Many workplace processes are repetitive and time-consuming, leaving employees minimal time to focus on improving their organization.  It has been found that 12% of a company’s total annual costs may be used for administrative tasks and contract management.  These expenses can be eliminated by implementing technology-enabled automation, also known as Business Process Automation (BPA), that will significantly improve workplace processes.  By 2021, companies are estimated to be spending $12.7 billion on these solutions, leaving those relying on traditional methods to plummet.  By investing in BPA, your business can begin focusing on the research, strategy, and development that will position your business as a leader in any industry.

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Contract Analytics and Reporting Mastery: 3 Critical Reports

By Maisie Brooks on 08/6/18

How can Contract Analytics and Reports Improve Your Contract Management Strategy? 

The key to successfully managing contracts is leveraging contract management software to increase visibility, reduce risk, reveal opportunities, and build strong relationships with counterparties and vendors. Contract analytics supports this initiative.

The challenge is that implementing contract technology to draft, negotiate, approve, sign, and store contracts is not enough. The “it” factor in contract management is contract analytics with reports that are easily accessible and user-friendly, while providing the right data at the right time to the right people.

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Closing the Communication Gap & Improving Contract Management

By Jamie Reedy on 07/2/18

Why Communication can Make or Break a Successful Acquisition and Improve Contract Management

Improving Contract Management is not an easy process. There are numerous steps that are involved with the acquisition process. From identifying the initial needs, all the way down to monitoring performance once a contract has been awarded will require multiple people – sometimes from different departments – to get involved. If too many people are contributing to the acquisition process, but aren’t making the effort to communicate with one another internally then the process can be unsuccessful from the start. This creates a communication gap. Not only is effective communication imperative to a successful acquisition process and improving contract management, but an open dialogue with the industry and potential vendors is too.

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How Contract Management Software can Benefit Your Small Business

By Connie Egan on 12/15/17

Running a small business is hard work. It can be taxing on your mental health when it feels like the weight of the entire operation falls squarely on your shoulders. When tasks are in large supply, but staff, resources, and bank accounts are limited, the stress of owning your own small business can seem overwhelming.

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The Benefits of Contract Management Software – Pt. 2

By Connie Egan on 11/13/17

In our last post, we discussed two amazing benefits to switching to contract management software with CobbleStone. Manual contract management is a thing of the past. It adds unnecessary complications to your process and might even result in a loss of profits for your company. Here are three more benefits you will enjoy when you use our software to manage contracts:

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The Benefits of Contract Management Software – Pt. 1

By Connie Egan on 11/2/17

Negotiating contracts can be a difficult process. Once you have determined the ideal parameters, you will want to make sure that you get the most out of the contract. With contract management solutions from CobbleStone, you can easily manage all of your contracts. Here are just two of the many benefits of our contract management software:

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