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

6 Problems Faced in Contract Management (And How To Solve Them)

By Sean Heck on 04/5/22

4 min read

CobbleStone Software explains six problems in contract management and how to solve them.

As contract management is a multi-faceted process with numerous steps and moving parts, it is easy for your organization to face problems. This risk of contract management issues is significantly increased if your organization leverages manual or antiquated contract management tools. To elucidate the CLM hardships you face and encourage growth - here is a list of six problems you might encounter in contract management. After that, we can note how to solve such issues with contract management software.

Topics: audit trails automated workflow contract repository contract workflow data storage e-sign E-signatures eSignature signatures tasks templates workflow workflows Electronic Signature electronic signatures eSignatures contract approval process contract clauses contract renewals Legal Workflow legal workflow automation Contract Management Workflow electronic signature software IntelliSign

6 Ways Contract Creation Software Can Improve Your Contracting Process

By Sean Heck on 03/28/22

6 min read

CobbleStone Software presents six ways contract creation software can improve your contracting process.

Contract creation is a multi-faceted process. Without the proper procedures, your organization can suffer from increased risk, drawn-out contract lifecycle times, and missed opportunities - among other deleterious consequences. Contract documents and data stored on spreadsheets, email servers, and shared drives alone can result in lost contract documents and versions. Back-and-forth contract drafting via email can result in slow collaboration times and unclear document versions. An inadequate clause management process can result in the wrong clauses being included in contracts and missed opportunities. Wet contract signatures can result in long send-to-sign times and costly postage expenses. What's more, risk can increase, resulting in lost revenue, data leakage, lawsuits, and more. Fortunately, you can leverage contract management software to avoid sending your contract creation process into a tailspin. To that end, here are six ways contract creation software can improve your contracting process.

Topics: automated workflow contract drafting contract repository contract workflow data storage e-sign E-signatures eSignature risk management signatures workflow workflows Electronic Signature electronic signatures Document Collaboration eSignatures contract risk Legal Workflow legal workflow automation Contract Management Workflow electronic signature software IntelliSign contract collaboration risk response plan contract creation management

6 Reasons Why Contract Management Is Necessary

By Sean Heck on 01/11/22

7 min read

CobbleStone Software presents 6 reasons why contract management is necessary.

Contract management is a process that has been embraced by contract professionals of numerous industries worldwide. But why do organizations need contract management? Read on to discover six reasons why contract management is necessary - and how you can positively transform contract management with user-friendly contract management software.

Topics: Ad-Hoc Reports Advance Reporting audit trails automated workflow Contract Analytics contract negotiation contract repository contract workflow contract writing contract writing solution Custom Reports Dashboards data storage e-sign E-signatures eSignature Report Designer reports signatures tasks workflow workflows Electronic Signature electronic signatures Document Collaboration eSignatures Contract Reports & Analytics legal document management software document assembly document assembly solution Legal Workflow legal workflow automation Contract Management Workflow electronic signature software IntelliSign Contract Searching document management contract collaboration concurrent document management concurrent editing Quick Search

5 Contract Management Challenges and Practical Solutions

By Sean Heck on 11/9/21

6 min read

CobbleStone Software helps you solve contract management challenges with practical solutions.

Professionals engaging in the contract management process can find themselves facing a myriad of challenges. Many of these challenges are born from a decentralized strategy and a lack of automated contract lifecycle management tools. Read this blog to discover five common contract management challenges and five leading solutions to those problems.

Topics: automated workflow contract repository contract tracking Contract Tracking Software contract workflow data storage e-sign E-signatures eSignature signatures tracking workflow workflows electronic signatures eSignatures document assembly document assembly solution Legal Workflow legal workflow automation Contract Management Workflow electronic signature software