Contract Insights: The Leading Resource for Contract Management & Procurement Professionals

The 8 Stages of the Contract Lifecycle

3 min read

CobbleStone Software presents the stages of the contract lifecycle - including 8 for contract management.

Understanding the contract lifecycle is essential for legal, procurement, and contract management teams aiming to streamline operations. This guide explores the eight key stages of the contract lifecycle and how contract lifecycle management (CLM) software can optimize each phase for better compliance, efficiency, and collaboration.

Topics: CLMS Return on Investment compliance contract authoring Contract Compliance Contract Compliance Software contract life cycle management Contract Lifecycle Contract Lifecycle Management contract lifecycle software Contract Lifecycle Stages Contract Management Process contract negotiation Contract Stages contract writing contract writing solution e-sign E-signatures eSignature Contract Management Software Maximize ROI with CLM signatures CLM CLM ROI CLMS Electronic Signature electronic signatures eSignatures contract approval process contract renewals CLM Software electronic signature software IntelliSign contract requests legal requests Stages of the Contract Lifecycle The Stages of the Contract Lifecycle

How Can Your Contract Process Be Improved?

By Sean Heck on 05/27/24

6 min read

CobbleStone Software on how your contract process can be improved.

A healthy contract management process should constantly be adapting to technological advancements. As contract volume and contract complexity begin to grow, organizations must embrace digital transformation to be furnished with the right tools to streamline the contract management process. Such innovative CLM tools can be found within a trusted contract management software system. Read on to learn more.

Topics: compliance Contract Compliance Contract Compliance Software contract life cycle management Contract Lifecycle Contract Lifecycle Management contract lifecycle software Contract Lifecycle Stages Contract Management Process contract repository eSignature Contract Management Software CLM CLMS Electronic Signature electronic signatures eSignatures VISDOM AI Contract Artificial Intelligence Contract Management AI AI-Powered Contract Management Software AI-Based Contract Management contract management tools CLM Software electronic signature software IntelliSign Contract Intelligence

Contract Renewals: Mastering Contract Management Series

By Sean Heck on 03/18/24

4 min read

CobbleStone Software offers tips for contract renewals mastery with automated contract renewal technology.

Manual renewal methods with spreadsheets, emails, emailed reminders, and wet signatures may suffice for organizations with low contract volume and complexity.

Unfortunately, organizations managing thousands of contracts of ranging types can face challenges. Moreover, such an outdated contract renewal strategy can increase the risk that a contract expires with a desired renewal having been overlooked. It's time to take control of how you manage contract renewals. Read on to learn how to leverage renewal process best practices with contract management software.

Topics: Contract Lifecycle Management Contract Lifecycle Stages contract renewals

Obligation of Contracts - An Overview

By Joshua Hansen on 01/17/23

4 min read

CobbleStone Software provides an overview of obligation of contracts.

Unfulfilled contract obligations can create a post-award contract management nightmare that can escalate to stressful legal action – such as issuing a cease and desist or suing your counterparty.

So, how can you avoid this?

By clearly defining the obligation of contracts between you and your counterparty and leveraging contract management software tools to receive timely alerts for each obligation of contracts, you can retain contract obligation accountability instead of meddling with unnecessary disputes.

Topics: contract life cycle management Contract Lifecycle Contract Lifecycle Management Contract Lifecycle Stages tasks post-award contract automation contract obligations Obligation of Contracts