Secure document storage can greatly benefit organizations of all sizes. However, modern secure document storage solutions are designed to tackle these challenges head-on. In this post, we'll explore three common issues organizations face with document storage - data security concerns, limited access, and disorganization - and how secure storage solutions are addressing them effectively.
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Contract tracking can be a significant challenge for legal teams, contract managers, sales teams, and other industry professionals. Manual contract management processes may suffice for organizations with low contract volume and contract complexity. However, when the number of contracts increases to hundreds, thousands, and beyond, contract failure rates increase exponentially. Read on to learn how to master contract tracking with leading contract management software.
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Nearly every business relationship involves a contract. At the crux of every contract is back-and-forth negotiation and contract management. This chess-like undertaking requires purposeful and good-faith cooperation on both sides. As such, here are 8 contract negotiation strategies to improve your contract negotiation and contract management processes.
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Meet Evan J., the Video Production Specialist at CobbleStone Software, who has been a member of the CobbleStone® family since February 2023. Recently, we interviewed Evan about his experience at CobbleStone. He kindly shared some insights into his role and advice for those considering a video production career in SaaS/contract management software.
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Contract managers often find themselves juggling multiple responsibilities related to the contract lifecycle. Manually managing these responsibilities with outdated processes can lead to inefficiencies related to repetitive contract lifecycle tasks, confusing and disorganized contract storage, bottlenecked collaboration across teams, and more. But what if you had a configurable, tailored, and time-saving tool instead? To that end, here are three productivity hacks to help you stay efficient, organized, and ahead of the game.
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Contract execution is a critical stage in contract lifecycle management. By this point, the terms of the contract have been negotiated. Parties involved have ensured that everything is understood and all necessary resources have approved the written agreement. From there, contract parties sign the contract to propel its execution. Given the importance of this stage of contract management, you should know what an executed contract is and its meaning. As such, here is a brief overview of contract execution.
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Pushing web-based contract documents between resources and enhancing collaboration is a start, but true digital contracting moves beyond the status quo of a document-first approach that is untraceable, unactionable, and slow. But how do organizations move on from the disjointed movement of digital documents and embrace a data-first, data-driven, and truly integrated approach to contract lifecycle management (CLM) designed for the modern contract management professional? Read on to discover the benefits of digital contracting for legal teams and anyone else involved in the contracting process.
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Now that you are caught up with our November articles, keep an eye out for our December 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!