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The 8 Stages of the Contract Lifecycle

4 min read

CobbleStone Software presents the stages of the contract lifecycle - including 8 for contract management.

Contracts are legally binding - and thus need to be executed properly. Legal teams should equip themselves with a thorough understanding of the contract lifecycle management process. The contract lifecycle is the process under which a contract is authored, reviewed, sent for signature, executed, and - potentially - renewed.

The "lifecycle" is an archetype used to compartmentalize and understand a contract's complex evolution. The lifecycle begins with contract requests and concludes when these requests are fulfilled - with the possibility of managing contract renewal. Let's further explore the eight stages of the contract lifecycle below and how digital contract management software can help streamline your contracting processes.

Topics: CLMS Return on Investment compliance contract authoring Contract Compliance Contract Compliance Software contract life cycle management Contract Lifecycle Contract Lifecycle Management contract lifecycle software Contract Lifecycle Stages Contract Management Process contract negotiation Contract Stages contract writing contract writing solution e-sign E-signatures eSignature Contract Management Software Maximize ROI with CLM signatures CLM CLM ROI CLMS Electronic Signature electronic signatures eSignatures contract approval process contract renewals CLM Software electronic signature software IntelliSign contract requests legal requests Stages of the Contract Lifecycle The Stages of the Contract Lifecycle

Signing a Contract: The Power of Electronic Signatures

By Sean Heck on 07/10/23

3 min read

CobbleStone Software sheds light on signing a contract and the power of electronic signatures.

In the vast realm of contract law, you'll often hear phrases like "intend to enter," "verbal contract," and "put it in writing." These reflect the nuanced stages of contract creation, fulfillment, and enforcement. In today's fast-paced world, these traditional methods are quickly being replaced by more modern, efficient processes. At the forefront of this evolution is contract management software that employs the power of electronic signatures.

Topics: e-sign E-signatures eSignature signatures Electronic Signature electronic signatures eSignatures electronic signature software IntelliSign digital signatures digital signature software contract signatures contract signing eSignature Software

How Contract Review Can Be Easy With CLM Software

By Sean Heck on 01/16/23

3 min read

CobbleStone Software explains how to improve contract review processes and related procedures with contract lifecycle management software.

Contract review is a crucial contract management stage. Unfortunately, far too many organizations overlook this process or leverage out-of-date methods that can increase unnecessary risk.

Thankfully, we can establish a contract review processes checklist and manage the life of a contract with leading contract management software. Let’s get started.

Topics: contract authoring contract negotiation contract writing contract writing solution e-sign E-signatures eSignature signatures Electronic Signature electronic signatures eSignatures contract clauses electronic signature software IntelliSign digital signatures digital signature software COI Tracking contract signatures contract signing eSignature Software Contract Review

4 Ways a Proper Electronic Contract Improves Contract Management

By Sean Heck on 11/22/22

3 min read

CobbleStone Software explains 4 ways a proper electronic contract improve contract management.

Traditional paper contracts were replaced long ago by better contract processes. The paper document has been foregone in favor of digital contracts. However, not all computer-based contract management processes are created equal.

Topics: Contract Software ROI Maximize ROI with CLM CLM ROI Electronic Signature electronic signatures AI-Powered Contract Management Software AI-Based Contract Management Cloud-Based Contract Management Software electronic signature software CobbleStone Contract Insight®