Contract Insights

Retail property management organizations often need to handle many different types of requests and contracts – including construction contracts, leases, rental agreements, retail management contracts, vendor contracts, maintenance agreements, property management contracts, and more.  With the need to handle numerous of contracts per year and support updated lease accounting standards, manual contract management processes may prove insufficient – potentially leading to contract lifecycle delays, missed key dates, lost revenue, unsatisfactory lease accounting, and wasted time.  These organizations need to leverage integrated contract management software for enhanced retail property contract management.  Here’s how.

CobbleStone Software’s leading-edge contract management software solution - CobbleStone Contract Insight® - allows users to centralize and navigate the contract lifecycle in one simple, configurable system.  The final stage of contract lifecycle management - contract signatures - can be streamlined with the use of eSignatures.  IntelliSign® - CobbleStone Software's proprietary electronic signature software tool -  significantly expedites and simplifies signing, tracks each step in the process, and can cut send-to-sign time by up to twenty percent.  Users can be notified when a contract is ready for signing through automated workflows and real-time status updates.  A seamless eSignature integration with Adobe Sign makes the process even easier!  Here's how.

Electronic signatures are a must to streamline your contract management process.  They allow organizations to create efficiencies that expedite preexisting processes and reduce financial costs.  However, there are still individuals and organizations that question whether or not contract electronic signatures are legal and whether eSignatures will hold up in court.  The question is valid; potential litigation is a serious threat to any organization.  Judicial decisions and legal precedent in the United States have left very little ambiguity on whether or not contract electronic signatures are equivalent to handwritten signatures.  Organizations that use eSignatures should take comfort knowing that the courts have been on their side since 1869.