Contract Insights

2021 has arrived, and with it comes new innovations to your contract management software processes.  Keeping this in mind, we have outlined six critical contract management tools that your organization should equip itself with to stay ahead of future-minded contract management best practices in 2021 and beyond.

Managing government contracts with disparate processes such as shared drives, email, disorganized documents, and disorderly spreadsheets can prove challenging and leave your organization vulnerable to undue risk.  Public contract managers implementing such disparate contract management methods can transform their processes and maximize their budget by fiscal year-end by investing in a robust contract management software system that can seamlessly evolve with their organizations’ needs.  City, state, and federal contract management professionals can streamline their processes with the help of an end-to-end government contract management software suite that centralizes government contract administration services from requests to renewals.  Read on to learn how leveraging a centralized government contract management system with integrated eSourcing and eProcurement features can empower government contract management professionals to successfully administrate the many moving parts of their contracting processes.

Reliable contract lifecycle management software with built-in OFAC search integration tools can streamline and centralize the process of ensuring employee compliance per the US Treasury’s Office of Foreign Assets Control.  Learn how your organization’s HR personnel can maximize CobbleStone Software’s OFAC search with intelligent national sanction compliance checks and risk analysis snapshots for staff.  Read this helpful blog – written by CobbleStone Software’s very own HR Administrator, Elicia Neumann.

Manual and disparate vendor management methods - such as those involving phone calls, emails, paper-based filing systems, and spreadsheets can prove challenging and error-prone.  Without the aid of a centralized, web-enabled process, vendor management workflow delays can stall productivity.  Thankfully, future-minded vendor management software can positively transform your process with end-to-end vendor oversight.  Read on to discover user-friendly, comprehensive, and unified vendor oversight from start to finish with CobbleStone Vendor Management Software.