Contract Insights

The healthcare industry provides services to treat patients with curative, preventive, rehabilitative, and palliative care. Healthcare organizations need to manage various types of contracts, which are rife with critical and sensitive data that are even more complex due to the regulations inherent to the industry. Winning healthcare organizations trust healthcare contract lifecycle management (CLM) software to assist with managing these contracts and data. To that end, here are four example scenarios with hypothetical organizations that elucidate challenges in contract management for healthcare, solved with an effective contract management solution!

State governments, local governments, and special districts manage extensive systems for housing, transportation, sanitation, utilities, land use, and communication to facilitate interactions between people, governments, and businesses. Contracts are public records, and managing them with inefficient and insecure methods is less than ideal. Additionally, vendor registration and management with outdated procedures is difficult and time-consuming. Contract management software can help, and this is why state and local governments love it so much. Let's explore further.

Did you remember to read all of our blog posts from September? Don't worry; we have outlined each of them for you. Stay up-to-date with industry topics, real-world case studies, and contract management software and procurement best practices in October by reading the latest CobbleStone^® content.

Like many other business processes, supply chain management is being positively transformed by machine learning and AI technologies. Key innovations include data extraction, supplier contract negotiations, supplier contract risk management, and supplier risk management. This convergence of AI-driven solutions with supply chain management sets new standards for efficiency, transparency, and security in supply chains. To that end, let's explore four ways to use machine learning in supply chain management.