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The 8 Stages of the Contract Lifecycle

4 min read

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

Contracts are legally binding - and thus need to be executed properly. Legal teams should equip themselves with a thorough understanding of the contract lifecycle management process. The contract lifecycle is the process under which a contract is authored, reviewed, sent for signature, executed, and - potentially - renewed.

The "lifecycle" is an archetype used to compartmentalize and understand a contract's complex evolution. The lifecycle begins with contract requests and concludes when these requests are fulfilled - with the possibility of managing contract renewal. Let's further explore the eight stages of the contract lifecycle below and how digital contract management software can help streamline your contracting processes.

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Signing Contracts: 5 Tips for a Better Process

By Sean Heck on 12/5/24

3 min read

CobbleStone Software explains signing contracts and five tips for a better process.

Signing contracts is important. A signature seals an agreement between parties, legally binds them, and confirms responsibilities. By signing, you confirm that you have read and understood the terms of the contract and are bound to perform your duties as outlined in the agreement. Financial health, legal standing, and reputation are all on the line. Given the importance of signing contracts, you ought to have a healthy and efficient process for doing so. To that end, here are five tips for a better contract signing process.

Topics: e-sign E-signatures eSignature signatures electronic signatures eSignatures electronic signature software contract signatures contract signing eSignature Software

What Is a Contract Amendment? How Can Contract Amendments Be Managed?

By Sean Heck on 08/21/24

4 min read

CobbleStone Software defines a contract amendment and how contract amendments be managed.

A contract amendment is a modification of the terms and conditions of a contract or subcontract.

Though we will explore contract amendments more in-depth, it is worth noting that changing the structure, duties, obligations, or rights of a contract requires increased oversight.

To that end, let's explore contract amendments and how disparate, important, and sensitive information can be managed, and contract amendments can be executed smoothly for effective contract management.

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Signing a Contract: The Power of Electronic Signatures

By Sean Heck on 07/10/23

3 min read

CobbleStone Software sheds light on signing a contract and the power of electronic signatures.

In the vast realm of contract law, you'll often hear phrases like "intend to enter," "verbal contract," and "put it in writing." These reflect the nuanced stages of contract creation, fulfillment, and enforcement. In today's fast-paced world, these traditional methods are quickly being replaced by more modern, efficient processes. At the forefront of this evolution is contract management software that employs the power of electronic signatures.

Topics: e-sign E-signatures eSignature signatures Electronic Signature electronic signatures eSignatures electronic signature software IntelliSign digital signatures digital signature software contract signatures contract signing eSignature Software