CobbleStone Software's latest version – CobbleStone Contract Insight® Enterprise 22.1.0 – has arrived for a refreshing contract lifecycle management experience!
Read on to acclimate yourself with next-level CLM features and innovations to bring your contract management software platform into the future of legal operations!
As your organization grows, so do the complexity and volume of your contracts. Your contract management process needs to expand with your company. This is where a contract management system comes in.
But how can your business users prepare for growth with a better way of managing contracts?
Read on to find out!
Tracking and retaining contract compliance can be challenging when leveraging primarily manual methods, such as spreadsheet management – especially when tracking multiple contracts with varying compliance standards. Fortunately, contract lifecycle management (CLM) software tools can empower you to achieve contract compliance success. Read on to discover how you can optimize contract compliance oversight with leading contract management software.
Managing government contracts with disparate processes such as shared drives, email, disorganized documents, and disorderly spreadsheets can prove challenging and leave your organization vulnerable to undue risk. Public contract managers implementing such disparate contract management methods can transform their processes and maximize their budget by fiscal year-end by investing in a robust contract management software system that can seamlessly evolve with their organizations’ needs. City, state, and federal contract management professionals can streamline their processes with the help of an end-to-end government contract management software suite that centralizes government contract administration services from requests to renewals. Read on to learn how leveraging a centralized government contract management system with integrated eSourcing and eProcurement features can empower government contract management professionals to successfully administrate the many moving parts of their contracting processes.
CobbleStone was recently recognized as one of the top five most popular contract management software providers according to Capterra’s list of 20 Most Popular Contract Management Software. Our award-winning Contract Insight® has an overall perfect rating of “5 out of 5” on Capterra's website and our software achieved a perfect rating for ease of use and outstanding customer service – We work each and every day to provide the best experience to our users and are currently working on system updates for an even better experience!
Drip…drip…drip…that is the sound of a seemingly insignificant leak that gets ignored while organizations focus on more pressing initiatives or reactively putting out fires.
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.
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.
