Contract Insights

There is a significant need for automation in contract management software processes.  When collaborating within the contract management community, we often find that most organizations do not currently leverage meaningful automation for better contract management.  Yet, most organizations have developed or plan to develop strategies to implement contract automation.  It is clear to see that the industry is evolving in favor of contract automation.  Don't get left behind. Get ahead with robust and user-friendly contract management software.  Here's how.

Contract writing is an essential phase in the contract lifecycle.  During the contract writing stage, contract parties put the terms of a contract into written copy.  Inefficient contract writing processes often rely on scattered clauses, poor compliance management and version tracking, insufficient line item management, and a lack of unified contracts and subcontracts.  These processes can lead to an organization that is hindered by error-prone contracts with missing clauses, missed key dates and milestones, and a decentralized process that impedes the contract lifecycle.

Many different types of organizations can enhance their respective source-to-contract needs with user-friendly and flexible contract management solutions.  To that end, we’ve examined five key organizational roles and explore their contract management challenges and how they can empower themselves with leading contract management software.

A Worldwide, Multibillion-Dollar Company Facing Increasing Contract Complexity

CobbleStone Software was approached by one of the leading airplane manufacturers, referred to as Company B (for confidentiality purposes), to help them better manage their contract compliance.  The worldwide, multi-billion-dollar company has been managing contracts for decades, but their size, number of contracts, and contract complexity called for a modern contract management software solution.