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

What Is Contract Management in Procurement?

5 min read

CobbleStone Software explains contract management in procurement.

Procurement departments can encounter procurement workflow inefficiencies without the proper procure-to-pay tools – especially when implementing inefficient and disjointed contract management processes throughout parts of the procurement process. You can avoid risk, unreasonable vendor pricing, and vendor non-compliance by leveraging contract management processes in procurement that centralize processes, technology, and people. Read on to discover how you can implement effective contract management in procurement that results in maximized collaboration of various roles and responsibilities, managing cost effectively, and more fruitful business relationships.

Topics: contract authoring Contract Lifecycle Management e-procurement eProcurement eProcurement Planning Contract Management Software procurement procurement and acquisition procurement contracts procurement management procurement process Procurement Software risk management contract risk eProcurement Software CLM Software contract spend

March Into Procurement Month: Find the Best Procurement Software

By Sean Heck on 02/21/24

5 min read

CobbleStone Software explains how to have a happy procurement month.

Ineffectual procurement strategy can lead to elevated risk, dark purchasing, supplier issues, data inaccuracies, and a drawn out purchasing cycle or procurement cycle. March is procurement month, so organizations should seek new ways to innovate the fulfillment of purchasing goals. So stop wasting time, squandering opportunities, and mismanaging resources with a disjointed and inefficient procurement process. March into national procurement month with your eyes open for these, the best procurement software features for your processes.

Topics: e-procurement eProcurement eProcurement Planning procurement procurement and acquisition procurement contracts procurement management procurement process Procurement Software eProcurement Software

CobbleStone Software Blog Recap for February 2022

By Sean Heck on 03/3/22

3 min read

CobbleStone Software offers its blog recap for February 2022.

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.

Topics: Ad-Hoc Reports Advance Reporting automated workflow contract administration system Contract Analytics Contract Lifecycle Management Contract Management Blog Recap contract workflow Custom Reports e-procurement e-sign E-signatures eProcurement eProcurement Planning eSignature Contract Management Software procurement procurement contracts procurement management procurement process Procurement Software Report Designer reports signatures workflow workflows Electronic Signature electronic signatures eSignatures Contract Reports & Analytics VISDOM AI Contract Artificial Intelligence contract management training contract management software training eProcurement Software Contract Management AI AI-Powered Contract Management Software AI-Based Contract Management Legal Workflow legal workflow automation Contract Management Workflow electronic signature software IntelliSign Contract Intelligence CobbleStone Contract Insight® contract creation management

5 Procurement Contract Management Best Practices to Blast Off in 2022

By Sean Heck on 02/28/22

5 min read

CobbleStone Software presents 5 procurement contract management best practices to succeed in 2022.

Recent developments in procurement process digital transformation have made it more possible than ever to streamline procurement contract management processes and blast off into the sky to robust procurement and contract management software processes. As such - if your organization is leveraging outdated procurement tools such as disparate spreadsheets, manual filing cabinets, a basic contract database, limited bid outreach, manually collecting bid responses via email, bottleneck-prone procurement contract management task management, disparate vendor management via emails, and others - you could suffer from failure to launch. Luckily, you can leverage a one-stop-shop solution for the processes mentioned above and more. To prepare for takeoff into positively transforming your strategy, here are five procurement contract management best practices to navigate 2022 and beyond with increased governance, procurement centralization, and ROI.

Topics: e-procurement eProcurement eProcurement Planning procurement procurement and acquisition procurement contracts procurement management procurement process Procurement Software