Contract Insights

Did you miss any of our blog posts from February?  Don’t worry; we have outlined each of them for you.  Stay up-to-date with industry topics, real-world case studies, and contract management and procurement best practices by reading CobbleStone’s latest content.

It is important for procurement professionals to successfully align vendor management and purchasing goals with a trusted solution.  Luckily, CobbleStone Software - which has been preferred by procurement professionals for over 20 years - can help organizations to establish a procurement strategy, strengthen procurement processes, and commit to a future-minded and proactive approach to procurement while embracing automated eProcurement software.  Read on to learn why so many procurement professionals choose CobbleStone time and time again.

Managing various types of entertainment and media contracts from varying locations, often internationally, with multiple departments and roles can be an arduous process - especially when relying on disparate methods such as postal mail, wet-signatures, filing cabinets, emails, shared network drives, and lengthy paper-based negotiations.  Dealing with and tracking a high volume of contracts – from intellectual property contracts to option agreements, among many others - can be tremendously challenging without the right contract management system in place.

Purchasing teams can find it challenging to maintain clear communication and manage purchase orders using primarily disparate and manual processes – such as paper-based filing systems, phone calls, emails, and spreadsheets.  Without a streamlined electronic process with end-to-end purchase order management oversight, purchasing strategies can be challenged by unnecessary workflow bottlenecks that can undermine productivity and frustrate purchasing teams.  Thankfully, leading purchase order management software can streamline the purchasing process, expedite and improve purchase order workflow, and offer full asset lifecycle management with holistic oversight.

A disjointed procurement management process can lead to procurement workflow bottlenecks.  The manual management of contracts, vendors, purchase orders, and bids can prove challenging and ineffective.  Processes that involve paying per solicitation can grow expensive.  Don’t waste time, resources, and opportunities with a decentralized and inefficient procurement process.  Leverage leading eProcurement software for procurement management success “from cradle to grave.”

Antiquated procurement processes can prove cumbersome, and may, unfortunately, reduce the value, efficiency, and innovation of procurement.  In addition to being ineffectual, the manual management of vendors, bids, contracts, and purchase orders may prove challenging and damaging.  It's time to change the perception of procurement from a tedious function to a beneficial process that is reimagined, value-adding, and streamlined.  Here's how to leverage eProcurement software for a winning procurement process!

As the end of the third fiscal quarter draws nearer, the fact remains that the manual management of contracts, vendors, bids, and purchase orders can prove difficult and ineffectual.  Methods that involve paying per solicitation can grow quite costly.  Here's how to unlock six key eProcurement software tools for procurement prosperity through the third fiscal quarter and beyond!

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Although an essential facet of running a business, managing contracts without a contract database can be a time-consuming headache. With so many different contracts with vendors and service companies, it can be challenging to keep track of them all without reliable contract software. The right solution can help you reduce the amount of time you spend searching through spreadsheets or shared drives so that you can work on growing your business. Here are just a few of the ways that a formal contract database can help your team maximize productivity: