Contract Insights: The Leading Resource for Contract Management & Procurement Professionals

The 8 Stages of the Contract Lifecycle

3 min read

CobbleStone Software presents the stages of the contract lifecycle - including 8 for contract management.

Understanding the contract lifecycle is essential for legal, procurement, and contract management teams aiming to streamline operations. This guide explores the eight key stages of the contract lifecycle and how contract lifecycle management (CLM) software can optimize each phase for better compliance, efficiency, and collaboration.

Topics: CLMS Return on Investment compliance contract authoring Contract Compliance Contract Compliance Software contract life cycle management Contract Lifecycle Contract Lifecycle Management contract lifecycle software Contract Lifecycle Stages Contract Management Process contract negotiation Contract Stages contract writing contract writing solution e-sign E-signatures eSignature Contract Management Software Maximize ROI with CLM signatures CLM CLM ROI CLMS Electronic Signature electronic signatures eSignatures contract approval process contract renewals CLM Software electronic signature software IntelliSign contract requests legal requests Stages of the Contract Lifecycle The Stages of the Contract Lifecycle

What is Contract Lifecycle Management?

By Sean Heck on 03/15/24

9 min read

What is contract lifecycle management? CobbleStone Software explains contract lifecycle management tools.

Organizations of all sizes face the need to juggle multiple digital contracts simultaneously, with each contract being at a different stage of the contract lifecycle. Leading contract management software saves time, reduces risks, improves productivity, and maximizes a contract's value. But what is the contract lifecycle management process? Read on to find out!

Topics: Contract Compliance Contract Compliance Software Contract Lifecycle Management contract negotiation contract writing contract writing solution Contract Management Software CLM electronic signatures contract approval process contract renewals electronic signature software IntelliSign contract requests

Your CLM Platform - How to Set Sail Toward Better Contract Management

By Camryn Wolk on 06/9/22

6 min read

CobbleStone Software teaches you how to sail your CLM platform toward better contract management.

Navigating your CLM Platform can be difficult if you aren't equipped with a thorough understanding of the contract lifecycle. The contract lifecycle is the process under which a contract is authored, reviewed, sent for signature, executed, and - possibly – renewed. The "lifecycle" is an archetype used to characterize and understand a contract's complex growth. The lifecycle voyage begins with contract requests and ends when said requests are achieved – with the feasibility of contract renewal. With so many complex processes involved in contract lifecycle management, it can be easy to sail toward the treacherous waters of contract mismanagement. With a strong sense of how to leverage leading CLM software, however, you can quickly get your legal operations sea legs! Read on to learn how you can set sail toward better contract management.

Topics: contract authoring Contract Compliance Contract Management Solutions contract negotiation CLM contract approval process contract requests contract obligations contract signatures

7 Vital Legal Contract Management Software Tools for 2022

By Sean Heck on 05/18/22

5 min read

It remains true that general counsel and paralegals continue to encounter growing contract complexity and volume. An ineffectual legal contract management process makes obstacles for legal departments tough to overcome. Here’s how to leverage seven legal contract management software tools for a streamlined legal contract lifecycle, reduced risk, and minimal contract lifecycle bottlenecks and delays.

Topics: Ad-Hoc Reports contract authoring Contract Compliance contract negotiation contract writing legal contract management paralegal reports risk management Contract Reports & Analytics VISDOM AI contract risk contract approval process contract generation legal document management software Contract Management AI AI-Based Contract Management document assembly Legal Workflow contract requests legal requests OFAC