Contract Insights

The comprehensive, organized tracking and reporting of financials are vital aspects of proper contract lifecycle management. Organizations need a contract management software solution that allows them to track transactions, establish reports on key financials, set alerts for thresholds, and analyze financial statistics pertaining to contracts.  In this article you will learn how CobbleStone Software’s source-to-contract suite, Contract Insight, can help your organization with the careful management of contract financials in one centralized platform. 

The COVID-19 pandemic has pushed contract management, procurement, and sourcing professionals into uncharted waters regarding their business operations.  Organizations need to quickly find ways to cut contract-related costs and save money during times of crisis such as pandemics, economic recessions, company acquisitions/mergers, and downturns in business.  CobbleStone Software’s Contract Insight can help. Here’s how.

Organizations in the energy industry must manage high numbers of high-value vendor and supplier contracts while remaining compliant and avoiding contract lifecycle bottlenecks.  With increasingly stringent regulatory compliance standards and other regulations put in place by EHS and the EPA, the energy sector encounters a myriad of challenges while trying to ensure full contract compliance while navigating the contract lifecycle quickly and effectively.

With recent developments of the COVID-19 pandemic, cities, counties, and agencies that previously relied on paper RFx submissions from vendors need a way to accept bids electronically.  In this challenging situation, CobbleStone’s electronic sourcing software, which equips organizations with remote bid and RFx management, is the solution.