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

Contract Lifecycle Process Failure - An Investigation

By Sean Heck on 09/22/22

8 min read

Investigate the reasons for contract lifecycle process failure and how it can be avoided with CLM software.

Oh no! It happened: contract lifecycle process failure. Something went wrong during contract lifecycle management - resulting in contract failure. But fear not; as a contract management professional, you are a worthy investigator. It is time to put on your detective hat, grab a notepad, and piece together the clues as to why your contract lifecycle process failed. You can also inspect how this tragedy could have been avoided with contract management software. Let the investigation begin!

Topics: CLMS Return on Investment contract life cycle management Contract Lifecycle Contract Lifecycle Management contract lifecycle software Contract Lifecycle Stages Maximize ROI with CLM CLM CLM ROI CLMS CLM Software

Contract Authoring - What You Need To Know To Get Started

By Sean Heck on 07/18/22

5 min read

CobbleStone Software defines contract authoring and explains what is needed to get started.

Contract authoring is essential. An inefficient process can hinder organizations and result in error-prone contracts with missing or misplaced clauses.

Additionally, overlooked key dates and milestones and a confusing process can stall the contract lifecycle. Luckily, leading contract management software can provide intelligent authoring. Read on to learn how to simplify and modernize the contract writing process.

Topics: contract authoring Contract Lifecycle Contract Lifecycle Management contract lifecycle software Contract Lifecycle Stages contract writing contract writing solution

7 Key Contract Lifecycle Management Questions To Consider

By Joshua Hansen on 05/3/22

7 min read

CobbleStone Software explores seven key contract lifecycle management questions to consider.

Managing contracts can be challenging - especially when primarily relying on outdated tools such as spreadsheets, emails, and shared drives. Without accountability, visibility, a clearly defined process, and actionable insights within a contract management software platform, you can find yourself confronting contract management bottlenecks. Contract lifecycle management (CLM) requires careful planning, the right technology, a well-planned contract strategy, and robust contract lifecycle management processes. To gain the most out of contract lifecycle management, you need to ask key questions in order to find the right answers. Read on to discover seven key questions to consider when implementing contract lifecycle management, including key features to look for when leveraging a CLM software platform.

Topics: Contract Lifecycle Contract Lifecycle Management contract lifecycle software Contract Lifecycle Stages CLM

4 Different Phases of Contract Management & How to Tackle Them

By Sean Heck on 01/14/22

7 min read

CobbleStone Software explains the 4 different phases of contract management and how to tackle them.

Contract management is a multi-faceted process. Without oversight over each stage in the life of a contract, your organization can suffer from process bottlenecks, missed contract obligations and tasks, wasted time, lawsuits, decreased revenue, and missed opportunities - to name a few. Fortunately, you can increase your ROI by better understanding approaching contract management. Here are the four phases of contract management and how to tackle them with contract management software.

Topics: CLMS Return on Investment compliance Contract Analytics contract authoring Contract Compliance Contract Compliance Software contract life cycle management Contract Lifecycle Contract Lifecycle Management contract lifecycle software Contract Lifecycle Stages contract negotiation contract writing contract writing solution e-sign E-signatures eSignature Maximize ROI with CLM signatures CLM CLM ROI CLMS Electronic Signature electronic signatures Document Collaboration eSignatures Contract Reports & Analytics contract approval process contract renewals document assembly document assembly solution CLM Software electronic signature software IntelliSign contract requests legal requests contract collaboration