The 6 key capabilities include:
♦ Contract Requisitioning and Authoring
♦ Contract Review, Negotiation, and Approval
♦ Contracts, Clauses, and Templates Repository
♦ Contract Performance, Dashboarding, and Analytics
♦ Contract Compliance and Governance
♦ Contract Lifecycle Reporting
Download your complimentary SPARK Matrix Contract Lifecycle Management report to find the right CLM software for your organization’s needs.
According to Akshat Shah, Analyst, Quadrant Knowledge Solutions:
The platform offers a wide range of industry-specific and user-specific use cases, such as user-friendly request management, approval, document authoring, third-party contract data extraction, automated workflow, contract authoring, online negotiations, electronic signatures, obligation & milestone compliance, renewals, and analytics.
...With its strong presence & consistent track record - especially in the enterprise customer segment -CobbleStone Software is expected to continue growing its revenue across industry segments and geographical regions.
CobbleStone Contract Insight® Enterprise centralizes contracts, agreements, committals, risk documents, and obligation records. Leverage organizational process automation and integrate seamlessly with mission-critical applications. Start authoring, managing, and tracking enterprise-wide contract documents virtually anywhere, anytime from most devices.
Our powerful contract request engine facilitates the submission of new and renewal contract requests. Collect and configure important contract data fields, attach and review important contract documents, route approvals via flexible workflow, monitor contract approvals, e-mail reminders, approve contract requests, and convert requests to a contract record without losing or re-keying data.
Easily collaborate with vendors, customers, and business partners. Securely share documents, negotiate, obtain electronic signatures, and send bulk signature invitations. Track contract expectations and performance with user-friendly charts and grids. Proactively manage risk across the organization with VISDOM® artificial intelligence.
Contract analytics and reporting are built into CobbleStone Contract Insight Enterprise. Create contract monitoring reports based on key contract dates, financials, and data fields with e-mail reporting included. Automated alerts remind team members of upcoming contracts, high-risk vendors, compliance reports, and more so you never miss a key date or lose a contract, again.