Managing contract risk is crucial in ensuring the health of a contract. Overlooking unchecked contract risk variables can have catastrophic consequences for not only contracts – but for your organization as a whole. In order to avoid wasted time, wasted revenue, a damaged organizational reputation, lawsuits, and more – embrace contract risk management best practices. Learn how with this blog from our Contract Management Best Practices Series.
Manage Contract Risk - Contract Management Best Practices Series
4 min read
Topics:
risk management
contract risk
risk response plan
Contract Management Best Practice
Contract Management Best Practices Series
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CobbleStone Contract Insight® 17.10.0: Empower Legal Ops for a New Era
7 min read
CobbleStone Software's next software generation – CobbleStone Contract Insight® Enterprise Version 17.10.0 – has arrived, introducing next-level CLM features and enhancements to bring your contract management software suite even further into the new era of legal operations!
Topics:
Ad-Hoc Reports
agreement database
automated workflow
Business Process Automation
CobbleStone Mobile App
Contract Insight
contract workflow
data
data storage
risk management
Vendor Management
vendors
workflow
workflows
Document Collaboration
contract risk
Contract Insight® Software Updates
Legal Workflow
legal workflow automation
Contract Management Workflow
contract requests
legal requests
contract management automation
contract automation
Vendor Gateway
concurrent document management
concurrent editing
CobbleStone Contract Insight®
risk response plan
CobbleStone Vendor Management Software
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The Responsibilities of a Contract Management Team
7 min read
Contract management teams hold a lot of responsibilities throughout the life of a contract. Streamlined and organized contract collaboration is key to CLM success. Without a clear-cut understanding of how the contract process should occur, contract management teams can encounter unnecessary contract risk, contract lifecycle bottlenecks, and decreased revenue. As such, we have outlined the responsibilities of a contract management team and how these responsibilities can be centralized and organized with leading contract management software.
Topics:
automated workflow
compliance
Contract Compliance
Contract Compliance Software
Contract Lifecycle
Contract Lifecycle Management
contract lifecycle software
Contract Management Solutions
Contract Management System
contract repository
contract workflow
Custom Reports
reports
risk management
workflow
workflows
Contract Management
Document Collaboration
Contract Reports & Analytics
contract risk
records management system
Contract Management Workflow
contract collaboration
risk response plan
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Establishing a More Robust Risk Response Plan
6 min read
Successful contract management can dramatically increase revenue and organizational growth (among other things)…but unchecked contract risk can be disastrous. Inadequate contract risk prevention measures can cost your organization money and time and result in costly and damaging instances of contract mismanagement - including negligent clause language and less than legitimate business associations. To avoid these deleterious situations and more, your organization must forge and implement an ironclad risk response plan and stick to it. You can get started with your powerful risk response plan with the aid of trusted contract management software.
Topics:
Ad-Hoc Reports
Advance Reporting
automated workflow
contract workflow
Custom Reports
Report Designer
reports
risk management
workflow
workflows
Contract Reports & Analytics
contract risk
Contract Management Workflow
Contract Searching
OFAC
risk response plan
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