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11 Effects of Strong Contract Management Software ROI

By Sean Heck on 10/3/23

4 min read

CobbleStone Software explains eleven effects of strong contract management software ROI.

Contract lifecycle management (CLM) software can seem like a significant investment. However, there is a high price to pay for low cost, poor contract management that will ultimately cost your organization much more in the long run. What’s more, you can plainly see the ROI contract management software provides if you know what to look for. As such, let’s take a look at 11 ways your organization can enjoy a strong contract lifecycle management ROI.

Topics: Contract Software ROI Maximize ROI with CLM ROI for Contract Management Software CLM ROI contract management roi

The 8 Stages of the Contract Lifecycle

By Jamie Reedy on 03/8/23

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. 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 contract management software can help streamline your contracting processes.

Topics: CLMS Return on Investment compliance contract authoring Contract Compliance Contract Compliance Software contract life cycle management Contract Lifecycle Contract Lifecycle Management contract lifecycle software Contract Lifecycle Stages Contract Management Process contract negotiation Contract Stages contract writing contract writing solution e-sign E-signatures eSignature Contract Management Software Maximize ROI with CLM signatures CLM CLM ROI CLMS Electronic Signature electronic signatures eSignatures contract approval process contract renewals CLM Software electronic signature software IntelliSign contract requests legal requests Stages of the Contract Lifecycle The Stages of the Contract Lifecycle

4 Ways a Proper Electronic Contract Improves Contract Management

By Sean Heck on 11/22/22

3 min read

CobbleStone Software explains 4 ways a proper electronic contract improve contract management.

Traditional paper contracts were replaced long ago by better contract processes. The paper document has been foregone in favor of digital contracts. However, not all computer-based contract management processes are created equal.

Topics: Contract Software ROI Maximize ROI with CLM CLM ROI Electronic Signature electronic signatures AI-Powered Contract Management Software AI-Based Contract Management Cloud-Based Contract Management Software electronic signature software CobbleStone Contract Insight®

Contract Lifecycle Process Failure - An Investigation

By Sean Heck on 09/22/22

8 min read

Investigate the reasons for contract lifecycle process failure and how it can be avoided with CLM software.

Oh no! It happened: contract lifecycle process failure. Something went wrong during contract lifecycle management - resulting in contract failure. But fear not; as a contract management professional, you are a worthy investigator. It is time to put on your detective hat, grab a notepad, and piece together the clues as to why your contract lifecycle process failed. You can also inspect how this tragedy could have been avoided with contract management software. Let the investigation begin!

Topics: CLMS Return on Investment contract life cycle management Contract Lifecycle Contract Lifecycle Management contract lifecycle software Contract Lifecycle Stages Maximize ROI with CLM CLM CLM ROI CLMS CLM Software