The 6 key capabilities include:
♦ Contract Creation and Authoring
♦ Contract Negotiation
♦ Centralized Contract Storage
♦ Analytics & Optimization
♦ Audit & Compliance Management
♦ Contract-Related Reminders & Notifications
Download your complimentary SPARK Matrix Contract Lifecycle Management report to find the right CLM software for your organization’s needs.
According to Akshaysingh Chandel, Analyst, Quadrant Knowledge Solutions:
CobbleStone Software’s AI-enabled, user-friendly CLM solution, titled CobbleStone Contract Insight®, enables end-to-end management of the entire contract administration process. The company’s roadmap is aligned with ongoing market dynamics, it plans to significantly invest in areas such as CobbleStone connector plug-ins and apps, standardizing system integrations with compliance data aggregator services, and developing better areas in the CobbleStone Contract Insight Suite. The company’s comprehensive functional capabilities, product strategy, strong customer base, industrial expertise and knowledge, has received strong ratings across parameters of technology excellence and customer impact.
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 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.