Organizations utilizing manual sourcing methods - such as gathering item prices in spreadsheets, corresponding with prospective bidders individually via email, and collecting numerous data separately from prospective suppliers - can face a time-consuming challenge in sourcing cost-effective and quality items or services. Without the proper tools, sourcing professionals could fail to determine formal bids, RFPs, budget allowances, stock levels, current contracts, and contingencies in purchase order releases. Fortunately, you can utilize the following seven essential eSourcing software tools for seamless source-to-contract management success.
CobbleStone Software's next software generation – CobbleStone Contract Insight® Enterprise Version 17.10.0 – has arrived, introducing next-level CLM features and enhancements to bring your contract management software suite even further into the new era of legal operations!
A contract manager in construction is tasked with managing various construction contracts from requests through renewals – which can include sourcing and coordinating with construction vendors for project-based or long-term services. Without a streamlined and organized process, construction contract managers can find themselves overwhelmed. Read on to learn how construction contract management software can centralize people, processes, and technology.
Managing third-party compliance standards - including HITRUST - can be challenging without a robust and centralized compliance management system in place. Outdated and disorganized compliance management methods can result in leaked data, breaches of contract with detrimental legal consequences, and excessive amounts of lost revenue - among other things. Luckily, integrated vendor management and contract management software can help you easily track HITRUST and other compliance standards in an efficient, organized, and secure manner. Here's how.