Contract Insights

As General Counsel, you hold a tremendous responsibility within your organization – especially with managing internal stakeholders and maintaining efficient processes with external stakeholders.  Relying on disparate and manual contract management processes such as spreadsheets, filing cabinets, emails, and shared storage drives can create an inefficient contract management process that can waste time, decrease revenue, and increase risk.  Read on to learn why CobbleStone Software’s acclaimed contract management software platform – Contract Insight® - is the top choice for your processes.

As a paralegal, working in a fast-paced environment with tight deadlines without the proper contract management software system can leave you stressed, disorganized, and overworked.  Manually assisting lawyers with contracts – including tasks such as coordinating communications with stakeholders, gathering wet signatures, managing disparate compliance materials, and manually tracking key dates and milestones – can present time-consuming and error-prone challenges.  Fortunately, CobbleStone Software can help unify people, process, and technology – streamlining contract lifecycle management.  Read on to learn how CobbleStone’s legal contract management software – Contract Insight® – can help paralegals achieve contract management success.

As we step into 2021, CobbleStone Software’s Executive VP – Mark Nastasi – reexamines contract management software technology trends in the wake of the many challenges of 2020.  He provides expert insight into how organizations can move forward into more future-minded, automated, and user-friendly contract management in 2021 and beyond.  Read his considerations and suggestions below.

In the wake of unpredictable circumstances such as the ongoing COVID-19 pandemic, your organization is more than likely allowing employees to work remotely.  No matter which relevant industry you are working in, you must be supported with a sufficient system in place for contract management, sourcing, and procurement operations.  To that end, we've assembled a list of five tips for maintaining remote contract management software process efficacy during the COVID crisis.

As a lawyer, you manage a variety of contracts that involve ranging stakeholders and processes.  Yes, you may have help from paralegals and legal assistants to coordinate the contract groundwork.  However, when it gets down to the nitty-gritty of negotiations, approvals, signatures, and post-award contract management processes, you need a trusted and streamlined system in place to grant you optimal control over your contact management process.  Read on to learn how you and your legal team can significantly improve legal contract management software procedures.

2021 is rapidly approaching and, with it, innovations and enhancements to contract management automation.  To that end, here is a list of user-friendly, future-minded, and industry-advancing contract management software features, processes, and best practices that organizations can empower themselves with to successfully and confidently navigate the evolving landscape of contract management through 2021 and beyond.

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.

Proper contract management is vital for the health of an organization’s contract lifecycle.  Despite the importance of forming a solid foundation for contracting, most organizations do not use a contract playbook.  Considering that these tools for contract procedure establishment are instrumental in helping many departments within an organization to share a universal understanding of standard contract processes and improve contract performance, this is surprising.  When a contract playbook is paired with leading contract management software, organizations are equipped with powerful tools for efficient, cost-effective, and organized contract management.  Given the importance and under-use of contract playbooks, here is how organizations should establish them for next-level, automated contract management.