Contract Insights

When organizations are considering contract management software for their source-to-contract needs, they often go into the selection process with misguided presumptions.  Such “myths” can be misleading and discouraging to potential software users, causing them to relinquish the chance to maximize the value of their contracts. 

CobbleStone’s 2019 has encompassed new product advancements, awards, streamlined purchasing and implementation options, training opportunities, global expansion, and credible thought leadership.  Take a moment to celebrate where we’ve been and to look forward to 2020 and beyond with your trusted leader in contract management software.

Contract management software equips organizations with useful tools for maximizing the value of their contracts and streamlining their contract management practices from requests to renewals.  In this blog, frequently asked questions regarding the features, benefits, value, importance, and selection of contract management software are answered.

Did you miss any of our blog posts from November?  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 best practices by reading CobbleStone’s latest content. 

CobbleStone opened a new international office location in Melbourne, Australia due to global demand for contract management, procurement, and vendor management software solutions.  The new office makes international client relationships and communication in Australia more convenient and supportive for current and prospective customers.

Creating value in an ever-expanding industry-agnostic competitive landscape requires that organizations improve performance, reduce spending, and make data-driven decisions.   With the preponderance of spending locked into contracts, leading organizations must find a way to harness their complexity to create value and the following four strategies can help.

Many different types of organizations can enhance their respective source-to-contract needs with user-friendly and flexible contract management solutions.  To that end, we’ve examined five key organizational roles and explore their contract management challenges and how they can empower themselves with leading contract management software.

Are you aware that the GDPR (General Data Protection Regulation) was enacted by the European Union to help protect consumer information?  Yes, the GDPR is a good step forward in safeguarding the data of individuals.  In the United States, there have been comparable attempts by both the federal government and states to protect data of consumers including (but not limited to) healthcare privacy data protection (such as HIPAA), the Children’s Online Privacy Protection Act, Family Education Rights and Privacy Act (FERPA) and various similar state-enacted consumer protection laws (to name a few). 

The federal and state governments are indeed taking noteworthy steps in the interest of protecting consumer data.  However, California has notably stepped up the game with the California Consumer Privacy Act.  The California Consumer Privacy Act (CCPA for short) creates new consumer rights related to the access, management, and deletion of personal data that is collected by a business.