The health of the contract lifecycle relies upon efficient contract task management. Manual methods for completing contract tasks relating to pre-award and post-award contract lifecycle management can be error-prone, inefficient, and tedious - potentially decreasing your organization's ROI. Read this blog to learn how your organization can embrace streamlined and future-minded contract task management with AI-powered contract management software.
As a paralegal, working in a fast-paced environment with tight deadlines without the proper contract management software system can leave you stressed, disorganized, and overworked. Manually assisting lawyers with contracts – including tasks such as coordinating communications with stakeholders, gathering wet signatures, managing disparate compliance materials, and manually tracking key dates and milestones – can present time-consuming and error-prone challenges. Fortunately, CobbleStone Software can help unify people, process, and technology – streamlining contract lifecycle management. Read on to learn how CobbleStone’s legal contract management software – Contract Insight® – can help paralegals achieve contract management success.
Contract writing - also known as contract authoring - is a critical stage of the contract lifecycle. The contract writing process involves contract parties putting into written copy the terms of a contract. One extremely important facet of contract writing is contract clause management. Insufficient contract authoring procedures as they pertain to contract clause management often rely upon disorganized tracking of versions, a lack of unified contracts and subcontracts, and - unfortunately - scattered clauses. Such processes can leave your organization with contracts that are missing clauses, an overlooked mass of key dates and milestones, and unified contract lifecycle management.
As a lawyer, you manage a variety of contracts that involve ranging stakeholders and processes. Yes, you may have help from paralegals and legal assistants to coordinate the contract groundwork. However, when it gets down to the nitty-gritty of negotiations, approvals, signatures, and post-award contract management processes, you need a trusted and streamlined system in place to grant you optimal control over your contact management process. Read on to learn how you and your legal team can significantly improve legal contract management software procedures.