CobbleStone announces its newest release of our leading contract management software, Version 17.2. Building upon the success of Version 17, we have included new features throughout multiple modules in the system, along with improving overall capabilities and improving usability. Additionally, clients have the option to update select user accounts without compromising the settings of other user systems.
You Asked, We Delivered - Software Version 17.2 is Here!
By Jamie Reedy on 05/15/18
Effectively Managing Tail Spend
By Jamie Reedy on 05/1/18
Effectively managing tail spend now can save your organization headaches in the long run.
What is Tail Spend?
In an organization where there are outlined procurement procedures, roughly 80% of that organization’s total spend will be strategically managed through those guidelines. Those purchases are usually lead by an experienced purchasing professional who will thoroughly vet the potential vendors. They will ensure that the purchase is in compliance with company and industry guidelines, and, once work is awarded, the purchasing professional will continue to audit that relationship. They will make sure that the terms are being met as agreed upon and will continue to rate the vendors work to justify renewing the contract.
Achieving Maximum ROI with Contract Management Software
By Jamie Reedy on 04/16/18
Feel Confident About Managing Your Contracts the Right way.
When purchasing anything new for your organization, you want to feel confident that you’re making the right choice. An informed buyer is a satisfied buyer because you’re confident you did your homework. This is especially important when you’re looking to overhaul some of your current processes and implement a new way of doing things. It can be overwhelming, and when it comes to redesigning your contract management process, it can be downright scary.
5 Must Have Software Features to Improve Contract Management
By Jamie Reedy on 04/3/18
Choosing the right software with the right features can make all the difference.
Managing contracts is something that almost all industries do daily. A single company can have contracts in place for a variety of reasons which could include facilities, personnel, clients, the real estate they operate in, and so much more. Whatever the case may be, these contracts have their own stages and lifecycles that are important to stay aware of through their duration of activity.
It’s hard to imagine, with today’s advances in technology, that there was a time where manual contract management was the standard process at most organizations. Hard copies were stored in filing cabinets and some contract administrator or designated personnel had to make a conscious effort to check in on these records and ensure things were running smoothly.