Contract Insights

Summary of Key Takeaways

• CobbleStone Software’s Third-Party eSign Connection Manager allows users to leverage existing licenses with providers like DocuSign, Adobe Acrobat Sign, and SignNow.

• The connector integrates with your chosen eSign provider, ensuring a seamless and efficient digital signature workflow directly within CobbleStone Contract Insight^®.

• Benefits include enhanced security, improved efficiency, centralized management, and flexible options for your eSignature process.

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. 

Signing contracts manually with wet signatures is a relic of the past. Straight up - if you are still signing contracts with delays due to physical document delivery, you are way behind the curve. In addition to difficulty tracking contract versions, there are potential errors inherent to document handling, resulting in longer legal review times, issues obtaining signatures from multiple stakeholders, and inefficient storage of contracts. These side effects can significantly slow the signing process and contract lifecycle. Thankfully, today, we have electronic signatures. But what is an eSignature? Read this blog post to find out!

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.