What Is a Contract Amendment? How Can Contract Amendments Be Managed?

    By Sean Heck on 08/21/24

    reading-minutes-icon-one-color 4 min read

    A contract amendment is a modification of the terms and conditions of a contract or subcontract.

    Though we will explore contract amendments more in-depth, it is worth noting that changing the structure, duties, obligations, or rights of a contract requires increased oversight.

    To that end, let's explore contract amendments and how disparate, important, and sensitive information can be managed, and contract amendments can be executed smoothly for effective contract management.

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    Transforming Contract Management for BFSI Organizations

    By Sean Heck on 08/14/24

    reading-minutes-icon-one-color 4 min read

    Various industries such as banking, insurance, real estate, private equity, stockbroking, and venture capital make up the financial industry – all of which keep businesses of every sector seamlessly operating daily.  Given the high-risk and high-value nature of the contracts they manage, the need for adherence to a variety of compliance regulations, and a critical necessity for contract security and accessibility, BFSI organizations are encouraged to leverage cutting-edge AI software for efficient contract generation, next-level security and visibility, and a holistic and unified compliance management system.

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    CobbleStone Software Blog Recap for July 2024

    By Sean Heck on 08/8/24

    reading-minutes-icon-one-color 5 min read

     

    Did you miss any of our blog posts from July? Don't worry; we have outlined each of them for you. Stay up-to-date with industry topics, real-world case studies, and contract management software and procurement best practices in August by reading the latest CobbleStone® content.

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    Contract Meaning - What Does It Mean to Enter Into a Contract?

    By Sean Heck on 07/31/24

    reading-minutes-icon-one-color 5 min read

    We hear about contracts all the time. They power business relationships across sectors, industries, and nations. Individuals, businesses, and societies at large use contracts to fulfill wishes and needs. Contracts keep our world moving.

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