As contract management is a multi-faceted process with numerous steps and moving parts, it is easy for your organization to face problems. This risk of contract management issues is significantly increased if your organization leverages manual or antiquated contract management tools. To elucidate the CLM hardships you face and encourage growth - here is a list of six problems you might encounter in contract management. After that, we can note how to solve such issues with contract management software.
6 Problems Faced in Contract Management (And How To Solve Them)
By Sean Heck on 04/5/22
6 Ways Contract Creation Software Can Improve Your Contracting Process
By Sean Heck on 03/28/22
Contract creation is a multi-faceted process. Without the proper procedures, your organization can suffer from increased risk, drawn-out contract lifecycle times, and missed opportunities - among other deleterious consequences. Contract documents and data stored on spreadsheets, email servers, and shared drives alone can result in lost contract documents and versions. Back-and-forth contract drafting via email can result in slow collaboration times and unclear document versions. An inadequate clause management process can result in the wrong clauses being included in contracts and missed opportunities. Wet contract signatures can result in long send-to-sign times and costly postage expenses. What's more, risk can increase, resulting in lost revenue, data leakage, lawsuits, and more. Fortunately, you can leverage contract management software to avoid sending your contract creation process into a tailspin. To that end, here are six ways contract creation software can improve your contracting process.
CobbleStone Software Blog Recap for February 2022
By Sean Heck on 03/3/22
Did you miss any of our blog posts from February? 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 February by reading the latest CobbleStone® content.
Contract Workflows - The Parts of Your Contract Software Symphony
By Sean Heck on 02/11/22
It's showtime, conductor. You have just taken the metaphorical stage, grabbed your baton, and you are ready to conduct a contract management software symphony with a harmonious contract workflow process. But how can you leverage contract workflow automation tools to make sure your CLM concerto is streamlined and simplified in a manner that is pleasing to the ear? Read on to find out!