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

How Can Your Contract Process Be Improved?

By Sean Heck on 05/27/24

6 min read

CobbleStone Software on how your contract process can be improved.

A healthy contract management process should constantly be adapting to technological advancements. As contract volume and contract complexity begin to grow, organizations must embrace digital transformation to be furnished with the right tools to streamline the contract management process. Such innovative CLM tools can be found within a trusted contract management software system. Read on to learn more.

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The 8 Stages of the Contract Lifecycle

By Jamie Reedy on 05/20/24

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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What is Contract Lifecycle Management?

By Sean Heck on 03/15/24

8 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 CLM (contract lifecycle management)? 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

What Is an Executed Contract? - A Brief Overview.

By Sean Heck on 03/6/24

3 min read

CobbleStone Software explains executed contracts in a brief overview.

Contract execution is a critical stage in contract lifecycle management. By this point, the terms of the contract have been negotiated. Parties involved have ensured that everything is understood and all necessary resources have approved the written agreement. From there, contract parties sign the contract to propel its execution.

Given the importance of this stage of contract management, you should know what an executed contract is and its meaning. As such, here is a brief overview of an executed contract.

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