The world of contract administration has evolved drastically in recent years. Given the ongoing COVID-19 pandemic and the embrace of digital transformation over obsolete legal operations methods, organizations must be ready to brace themselves in 2022 with automated contract management software tools that support remote contract collaboration and intelligent workflow automation. To prepare organizations for the changes to come, here are the top three contract management technology tools that organizations should equip themselves with for 2022.
Contract negotiations - if handled incorrectly - can be inefficient. This holds especially true when organizations rely on paper-based processes and disparate emails. If your organization needs a more rapid, robust, user-friendly, and streamlined process, consider leveraging a web-enabled concurrent document editing solution. Cloud-based contract negotiations can exponentially expedite your pre-execution contract lifecycle management procedures. Read on to learn how you can leverage CobbleStone Software's seamless integration of its contract management software suite - Contract Insight® - with Microsoft Office 365 for online concurrent document editing and rapid contract collaboration with enhanced oversight.*