Contract Insights

The recent Executive Order to end some Diversity, Equity, and Inclusion (DEI) programs across the federal government has many discussing the future of DEI programs through the lens of contract management. While the ultimate long-term impact of the order remains to be seen, it serves as an essential reminder: organizations need sound contract tools to manage DEI-related clauses in contracts regardless of shifting regulatory landscapes. This is where tools like CobbleStone Contract Insight^® and its VISDOM^® AI can become critical. Read on to learn more!

In contract management, the seemingly straightforward distinction between "goods" and "services" serves a surprisingly essential purpose. Although the phrase "goods and services" is typically used as a catch-all term, understanding the specific nature of what you're contracting for is imperative to enforce clarity, mitigate risk, and facilitate successful contract execution. Let's dive into why.

Security is of the utmost importance in the modern digital age, and we take it very seriously at CobbleStone. In addition to taking CISA's (Cybersecurity and Infrastructure Security Agency) Secure by Design Pledge, we utilize a robust, multi-layered defense to safeguard our clients' data and systems. This blog entry describes some of the most important security measures we have in place, with a focus on our proactive strategy for threat mitigation and data protection.

Contract management. To many, the phrase evokes images of crowded file cabinets with reams of paper, complicated email threads, and the constant fear that some critical bit of information will slip through the cracks. Such patchwork contract handling is all too common and entails severe consequences. Missed deadlines, noncompliance, and lost revenue are just a few of the potential catastrophes. But there's a better way of managing these key business agreements: contract lifecycle management (CLM). CLM is not all about electronic signatures for completing contract execution; it's an end-to-end approach that transforms contracts into strategic assets instead of liabilities. To that end, let's deeply explore why contract lifecycle management is essential.