What is the Contract Performance Management Process?
Contracts serve as the keystone around relationships between companies, vendors, clients, and other stakeholders. However, a contract is only worth its performance. Legal professionals need to understand and manage the contract performance process. This helps them protect their teams' interests, lower risks, and build better business relationships. As such, let's explore the contract performance process and some tips for enjoying better contract performance and monitoring.
| READ MORE |
Contract Law: What You Need to Know
Contracts are the foundations of trust, in both business contexts and everyday life. Understanding contract law empowers you to navigate agreements confidently and unlock opportunities with ease. As such, let's discuss what you need to know about contract law.
| READ MORE |
5 Key Takeaways to Expect from the 2025 CLM Masterclass
CobbleStone Software's first 2025 CLM Masterclass is coming soon! Ahead of the educational webinar, we thought it would be appropriate to let attendees know what they can prepare to learn. As such, let's examine five key takeaways to expect from the 2025 CLM Masterclass.
| READ MORE |
You Can Optimize Supplier Management in 2025. Here’s How
Supplier management can make or break an organization's cost optimization and operational efficiency. Unfortunately, an outdated supplier management process can lead to poor visibility, inconsistent supplier quality, difficulty juggling multiple suppliers, delivery delays, and other negative experiences for organizations. Conversely, a modern, optimized supplier management process can help organizations control costs, decrease risks, and maintain healthy vendor relationships and performance. To that end, here's how to enjoy supplier management success in 2025 using the latest and greatest strategy and tools.
| READ MORE |
What Are Three Important Functions of Contract Administration?
Contract administration is crucial for a successful contract lifecycle. Efficient and effective contract drafting, managing the contract repository, and monitoring compliance help ensure that all parties properly understand and execute the terms and conditions of a contract. To foster a deeper understanding of the importance of contract administration, here are three of the most critical functions of contract administration.
| READ MORE |
What Is an eSignature (Electronic Signature)?
Signing contracts manually with wet signatures is a relic of the past. Straight up - if you are still signing contracts with delays due to physical document delivery, you are way behind the curve. In addition to difficulty tracking contract versions, there are potential errors inherent to document handling, resulting in longer legal review times, issues obtaining signatures from multiple stakeholders, and inefficient storage of contracts. These side effects can significantly slow the signing process and contract lifecycle. Thankfully, today, we have electronic signatures. But what is an eSignature? Read this blog post to find out!
| READ MORE |
The 4 Steps of the Document Generation Process
Manual document generation processes are prone to human error. They are time-consuming and lack standardization. As document complexity and volume grow, the cracks in the surface become irreparable gashes. Luckily, with the right strategies and tools, you can master the management of numerous complex documents. Here are the four steps of the document generation process and some helpful tips to automate document generation.
| READ MORE |
Streamlining Legal Intake: 5 Key Strategies & Tools
Proper legal intake is critical because it allows your organization to gather essential information about a budding business relationship. However, outdated processes for legal intake can stall requests, birth process bottlenecks, leave room for errors, eliminate the opportunity for insights, and divorce intake from other methods. Thankfully, you can streamline legal intake with the right mix of tools and strategies. To that end, here are five key tools and techniques to optimize legal intake processes.
| READ MORE |
6 Digital Transformation Goals for Contract Managers in 2025
As business technology evolves, organizations must take inventory of how they will most fully embrace said technology. This fact applies to contract managers as well. Contract management professionals need to evolve their digital transformation goals as time passes, and legal technology grants them more efficiency, incredible innovation, and significant ROI. To that end, here are six digital transformation goals for contract managers in 2025 to improve customer experience, client relations, business outcomes, and more on their digital transformation journey.
| READ MORE |
Now that you are caught up with our January articles, keep an eye out for our February content. Never miss a blog post again, and let us notify you when new articles are published by subscribing to our blog! No time to read? Then check out CobbleStone's YouTube channel for exciting video content. Be sure to like and subscribe!
Discover why thousands of contract management professionals trust CobbleStone Software for their contract management, sourcing, and procurement needs. Book a free demo with a CobbleStone Contract Insight expert to learn more about CobbleStone's acclaimed contract management, eProcurement, and eSourcing software!
