Contract Insights: The Leading Resource for Contract Management & Procurement Professionals

What Is Contract Administration?

By Sean Heck on 08/7/23

5 min read

CobbleStone Software explains contract administration.

Contract administration can bring forth a host of challenges.

There needs to be an established plan and follow-through within a set timeline. Teams must track contract financials. There must be a plan for overseeing the contract lifecycle. Teams must have a plan for encountering risk variables.

Clearly, contract administrators have a lot on their plate. There is ample room for deleterious errors, contract risks, and bottlenecks – especially with manual contract methods. Fortunately, contract management software can help reduce the time-consuming need for manual processes. Here's how.

Topics: contract administration system contract adminstration

Contract Manager - A Brief Overview of What They Do

By Sean Heck on 12/1/22

5 min read

CobbleStone Software explains a contract manager and what they do in a brief overview.

Contracts are essential in supplementing business transactions, business relationships, and business growth; naturally, so are those who manage those contracts. But what does a contract manager really do – and what makes a good contract manager? Read on to find out.

Topics: contract adminstration Contract Management smart goals for contract managers Contract Manager

What Is a Contract Administration Plan?

By Joshua Hansen on 06/21/22

5 min read

CobbleStone Software defines and showcases a contract administration plan.

Contract administration can be a daunting process when relying on primarily manual tools - such as spreadsheets, shared drives, and disparate emails. Without accountability, visibility, and a clearly defined contract administration plan, you can find yourself running into compliance issues, minimizing contract value, and encountering other setbacks. Read on to learn how you can create a strong contract administration plan with the help of leading contract management software.

Topics: contract administration system contract adminstration Contract Analytics contract life cycle management Contract Lifecycle Contract Lifecycle Management contract tracking Contract Tracking Software risk management tracking workflow workflows CLM Contract Reports & Analytics Contract Artificial Intelligence contract risk AI-Powered Contract Management Software financial contract management CLM Software Contract Management Workflow