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The SPARK Matrix Contract Lifecycle Management Report assessed 16 cloud contract lifecycle management software providers against 11 key capabilities.

The 11 key capabilities include:

 

♦ Contract Requisitioning and Authoring

♦ Contract Review, Negotiation, and Approval

♦ Contracts, Clauses, and Templates Repository

♦ Contract Lifecycle Reporting

♦ Contract Compliance and Governance

♦ Contract Performance, Dashboarding, and Analytics

♦ Maturity of AI/Automation Capabilities

♦ Competitive Differentiation Strategy

♦ Application Diversity

♦ Integration & Interoperability

♦ Vision & Roadmap

 

 SPARK Matrix Contract Lifecycle Management CLM 2024

 

 

Download your complimentary SPARK Matrix Contract Lifecycle Management report to find the right CLM software for your organization’s needs.

According to Akshat Shah, Lead Analyst, Quadrant Knowledge Solutions:

CobbleStone Software is a leading provider in the Contract Lifecycle Management (CLM) market. The company offers a comprehensive, no-code, AI-powered platform that streamlines contract lifecycle processes while mitigating enterprise-wide risks. The CobbleStone Contract Insight solution delivers advanced contract requisitioning and authoring capabilities, enabling seamless contract management from request to execution. Its AI-powered features, such as auto-redlining and automated Optical Character Recognition processing, significantly enhance contract visibility and management efficiency. Furthermore, CobbleStone’s roadmap to expand its AI capabilities and integration partnerships aligns with the evolving needs of the CLM market.

...CobbleStone Software has received strong ratings across the parameters of technology excellence and customer impact and has been positioned as a leader in the SPARK Matrix™: Contract Lifecycle Management (CLM), Q3, 2024 owing to its comprehensive and innovative CLM platform, a compelling vision and roadmap, an extensive partner ecosystem, and consistent growth in various industry segments and geographical regions.

"CobbleStone Software offers a configurable, no-code, flexible, and user-friendly platform that streamlines the contract lifecycle while mitigating enterprise-wide business risks."

The SPARK Matrix™: Contract Lifecycle Management (CLM), 2024

Leading Contract Management Features

Enterprise-Contract-Management-Software-Blue-Checkmark

Next-Level Contract Management

CobbleStone Contract Insight® Enterprise centralizes contracts, agreements, committals, risk documents, and obligation records. Leverage organizational process automation and integrate seamlessly with mission-critical applications. Start authoring, managing, and tracking enterprise-wide contract documents virtually anywhere, anytime from most devices.
Enterprise-Contract-Management-Software-Blue-Checkmark

Contract Request Tracking

Our powerful contract request engine facilitates the submission of new and renewal contract requests. Collect and configure important contract data fields, attach and review important contract documents, route approvals via flexible workflow, monitor contract approvals, e-mail reminders, approve contract requests, and convert requests to a contract record without losing or re-keying data. 


 
Enterprise-Contract-Management-Software-Blue-Checkmark

Collaborate with Counterparties

Easily collaborate with vendors, customers, and business partners. Securely share documents, negotiate, obtain electronic signatures, and send bulk signature invitations. Track contract expectations and performance with user-friendly charts and grids. Proactively manage risk across the organization with VISDOM® artificial intelligence.
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Contract Reporting & Analytics

Contract analytics and reporting are built into CobbleStone Contract Insight Enterprise. Create contract monitoring reports based on key contract dates, financials, and data fields with e-mail reporting included. Automated alerts remind team members of upcoming contracts, high-risk vendors, compliance reports, and more so you never miss a key date or lose a contract, again.

Document Version Tracking

Document Version Tracking

 

User Defined Fields & Custom Reports

User-Defined Fields & Custom Reports

 

Customer & Vendor Management

Customer & Vendor Management

 

Email Task & Calendar Alerts

Email, Task, & Calendar Alerts

 

Auto Extract & Intelligent Workflows

Auto-Extract &   Artificial Intelligence

 

Dynamic Contract Templates & Clauses

Dynamic Contract Templates & Clauses

 

Unlimited Contract Storage

Unlimited Contract Storage 

 

Electronic Approvals E-Signatures & More!

  Electronic Approvals,   E-Signatures, & More!

 

Powerful Integrated Solutions For:

Manage the contract lifecycle with CobbleStone.

eProcurement

Manage bids and sourcing with CobbleStone.

Bid Management & eSourcing

Manage vendors with CobbleStone

Vendor Management
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