CobbleStone Software Events

7 Procurement Pitfalls That Could Cost You - And How to Avoid Them

Written by CobbleStone Software | Feb 24, 2026 2:15:00 PM

7 Procurement Pitfalls That Could Cost You β€” 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!