7 Procurement Pitfalls That Could Cost You — And How to Avoid Them
They happen...the pitfalls. Pitfalls can derail efficiency, compliance, and cost savings even for organizations with the best of intentions.
But there is a better way.
In this information-packed webinar, CobbleStone Software and NIGP present seven critical procurement pitfalls along with how to overcome them with the right contract management and eProcurement tools.
🎯 The 7 Pitfalls We’ll Cover
1. Relying on Basic Contract Databases – Why you need a full CLM system.
2. Manual Bid Collection – How automation saves time and reduces errors.
3. Costly Solicitation Processes – Ways to cut costs without cutting quality.
4. Limited Vendor Outreach – Expanding your reach for better responses.
5. Workflow Inefficiencies – Streamlining contract lifecycle steps.
6. Compliance Risks – Staying audit-ready and avoiding penalties.
7. Redundant Data Entry – Eliminating duplication with integrated systems.
Procurement Perks You'll Gain
Understanding these challenges is a critical step to enjoying key procurement perks, such as:
- Centralized contract and sourcing management.
- Automated workflows for solicitation, bid scoring, and vendor tracking.
- Compliance tools for local/state regulations and diversity tracking.
- Analytics for smarter vendor selection and spend optimization.
Event Details
Date: March 19th, 2026
Time: 2:00 – 3:15 PM ET
Unable to join us live? Don’t worry – register now, and we’ll send you the full recording to watch anytime!
