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

6 Reasons Why Contract Management Is Necessary

By Sean Heck on 01/11/22

7 min read

CobbleStone Software presents 6 reasons why contract management is necessary.

Contract management is a process that has been embraced by contract professionals of numerous industries worldwide. But why do organizations need contract management? Read on to discover six reasons why contract management is necessary - and how you can positively transform contract management with user-friendly contract management software.

Topics: Ad-Hoc Reports Advance Reporting audit trails automated workflow Contract Analytics contract negotiation contract repository contract workflow contract writing contract writing solution Custom Reports Dashboards data storage e-sign E-signatures eSignature Report Designer reports signatures tasks workflow workflows Electronic Signature electronic signatures Document Collaboration eSignatures Contract Reports & Analytics legal document management software document assembly document assembly solution Legal Workflow legal workflow automation Contract Management Workflow electronic signature software IntelliSign Contract Searching document management contract collaboration concurrent document management concurrent editing Quick Search

The Top 8 Items for Legal Digital Transformation in 2022

By Mark Nastasi on 12/23/21

6 min read

CobbleStone Software presents the top 8 items for legal digital transformation in 2022.

CobbleStone Software’s Executive VP and Founder, Mark Nastasi, narrows down his top eight items of recommendation to help you lead your legal digital transformation in 2022.

Topics: automated workflow contract drafting contract repository contract workflow digital innovation legal contract management workflow workflows Document Collaboration VISDOM AI Contract Artificial Intelligence post-award contract automation legal document management software Contract Management AI AI-Powered Contract Management Software AI-Based Contract Management document assembly document assembly solution Legal Workflow legal workflow automation Contract Management Workflow legal requests legal technology contract collaboration Contract Intelligence Vendor Registration Vendor Registration Wizard concurrent editing digital transformation legal operations

Expedite Contract Assembly - Contract Management Best Practices Series

By Sean Heck on 12/9/21

5 min read

CobbleStone Software explains how to expedite contract assembly in the contract management best practices series.

Contract assembly (or contract document assembly) is essential in contract lifecycle management. Contract stakeholders and document assembly resources gather to assemble a cohesive and accurate contract document. However, inefficient contract document assembly processes involving the lack of a central location for contracts, scattered contract clauses, outdated contract language, subcontracts disconnected from related contract documents, and no clarity regarding up-to-date contract document versions can leave your organization open to increased risk. Contract risk can include contract non-compliance, revenue leakage, unfulfilled obligations, lawsuits, and missed opportunity. Avoid contract risk and get the highest ROI from your contracts by discovering how to expedite contract document assembly with leading contract management software. Read this entry from our Contract Management Best Practices Series.

Topics: document assembly document assembly solution Contract Management Best Practice Contract Management Best Practices Series

6 Mistakes in Contract Management To Avoid

By Sean Heck on 11/17/21

6 min read

CobbleStone Software explains 6 mistakes in contract management to avoid.

Contract management professionals of all types are in the age of digital transformation. Organizations need to correctly leverage contract management tools to adapt successfully. As with any practice, mistakes in contract management are quite possible. Contract management teams leveraging obsolete, manual methods are even more likely to commit CLM errors – resulting in contract lifecycle bottlenecks, missed key dates and milestones, and lost revenue. Mistakes in contract management must be avoided. Read this blog to discover six common mistakes in contract management – and how they can be evaded with the help of contract management software.

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