Customer Success Story
Without an effective contract management system, it is very easy to miss expiration deadlines.
House all important documents in one central and searchable location, catered exactly to their needs to keep projects moving across the world
How NewFields stopped missing expirations with a configurable contract management platform
NewFields Mining Design & Technical Services, LLC has successfully designed and engineered mining and transportation projects across 40 countries and 6 continents. They address design challenges faced by their clients with a focus on safety, efficiency, effectiveness, and environmental consciousness. Read on to learn about NewFields’s CobbleStone Software success story.
Challenges
Solution
Answering the call to assist with NewFields’s large-scale and vitally important mission, CobbleStone Contract Insight® was able to provide NewFields with the tools they needed to organize their tedious contract management process and embrace efficiency and efficacy both during projects and at the contract negotiation table. What made CobbleStone stand out to NewFields was the high level of configurability provided. With this advanced, AI-supported contract lifecycle management (CLM) system, NewFields was able to finally house all of its important documents in one central and searchable location, catered exactly to their needs to keep projects moving across the world.
Carlson further expressed that their team “set up the system to be configured exactly as we wanted to use it, which was great”. The ability to curate CobbleStone to fit the client’s exact and evolving needs allows that client to scale comfortably with the solution, gleaning maximum value.
Results
Since switching to CobbleStone Contract Insight, NewFields has streamlined its procedures and is in the process of learning more about simplified contract lifecycle management. With complimentary guided training and resources, NewFields is on the path to success by integrating CobbleStone Contract Insight for its business.
There are still many features of CobbleStone Contract Insight that have yet to be implemented into NewFields’s contracting processes, and they look forward to immersing themselves in all CobbleStone Contract Insight has to offer in the near future.
“We [set] up the system to be configured exactly as we wanted to use it, which was great. I am now able to ensure that we extend contracts so that we are not working under an expired contract,”
B.B. Carlson | NewFields General Counsel
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