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

What is AI-Based Contract Management?

By Sean Heck on 12/10/24

5 min read

CobbleStone Software offers robust, AI contract management software.

Business automation is already sharpening professional methods across a variety of industries. However, advancements in artificial intelligence (AI) can be particularly advantageous as they apply to contract management software systems. Contract intelligence engines built upon a foundation of machine learning just need to be fed a nutritious diet of relevant contract data. Let's explore AI contract management in more detail and learn how to increase accuracy and minimize human error in contract lifecycle management (CLM).

Topics: VISDOM AI Contract Artificial Intelligence Contract Management AI AI-Powered Contract Management Software AI-Based Contract Management

How To Utilize AI for Contract Review Processes

By Sean Heck on 10/10/24

4 min read

CobbleStone Software touches on how to utilize AI for contract review processes.

Conversations about artificial intelligence (AI) and machine learning in a business setting are important. According to a study performed by MIT Sloan Management Review, over 80% of organizations see advanced AI as a vehicle for strategic opportunity. Additionally, 85% of organizations view AI as a means for competitive business advantages.¹

This interest in – and implementation of – AI applies to legal professionals, in-house legal teams, and other contract managers as well. Manually managing and reviewing an ever-increasing number of contracts and legal documents of varying complexity is stressful and inefficient. But it does not have to be.

Organizations can improve contract review and contract automation with AI-powered contract management software.

Topics: VISDOM AI Contract Artificial Intelligence Contract Management AI AI-Powered Contract Management Software AI-Based Contract Management Contract Intelligence Contract Review

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

6 Vital Government Contract Management Tools for 2024

By Sean Heck on 05/6/24

4 min read

CobbleStone Software explores 6 vital government contract management tools for 2024.

As a government contract manager, it's helpful to stay up-to-date with the latest government contract management, purchasing, and sourcing tools - especially as the industry keeps evolving through 2024 and beyond.

Read on to discover six user-friendly government contract management software tools you can leverage to streamline your public contracting processes.

Topics: Contract Lifecycle Management government contract management government contract software Contract Management Software Purchase Order Management Contract Management eSourcing software Contract Management AI AI-Based Contract Management source-to-contract software bid management OFAC