Contract Insights

The contract lifecycle is a great way to categorize the steps of contract administration, from requests to renewals.  But how can you embrace legal operations digital transformation to automate the contract life cycle process?  Read this blog to find out.

Choosing a contract lifecycle management (CLM) software provider can be challenging, especially if you’ve never worked with CLM software and do not have anything to compare it to.  Fortunately, industry-leading contract management software analysts, including those from Forrester Research Inc., can communicate and showcase their findings - offering you expert advice.  Forrester recognizes CobbleStone® Software as a Leader in their report titled, “The Forrester Wave^TM: Contract Lifecycle Management For All Contracts, Q1 2021.”  CobbleStone Contract Insight® received a ranking among the top three CLM software providers in the Current Offering category within Forrester’s evaluation.  Read on to learn why CobbleStone was named a leader, according to Forrester’s expert analysts.

The end of the fiscal year is quickly approaching.  As such, now is the perfect time for public organizations and government agencies to invest their remaining budget before it goes to waste.  Discover why your organization or agency should use its remaining budget to invest in contract management software - whose leading-edge functionality and user-friendly tracking and reporting tools are the gifts that keep on giving, allowing your organization to proactively prepare for the next fiscal year-end and other important, recurring events and opportunities.

This blog post was updated on March 30th, 2021

Contract lifecycle management requires a thorough strategy, careful planning, and the right technology.  Without all three elements, managing contracts can not only be challenging for contract management, sourcing, procurement, vendor management, and legal professionals; it can prove difficult to maximize contract value.  Contracts require tremendous pre-award and post-award investment.  Without a suitable contract management system in place, you can find it difficult to maximize ROI.  Too many organizations are missing end-to-end contract management that provides a clearly defined process, actionable insights, and accountability - ultimately negatively impacting productivity, profitability, risk exposure, and compliance.  Read on to learn how you can master contract lifecycle management.