CobbleStone Software has published a free guide highlighting contract obligations and the benefits of using the correct contract management software tools to retain contract obligation accountability.
PRINCETON, NJ (JANUARY 30, 2023) - CobbleStone Software – the recognized Leader in contract lifecycle management (CLM) according to the SPARK Matrix™ 2022 report – has released a comprehensive guide detailing the weight contract obligations can hold and how they can be addressed.
Contract obligations are an important factor to consider while initiating and finalizing contracts, and should be made clear to all parties involved.
They can take on various forms - such as obligation of payment and obligation to deliver - and can appear differently within contracts but ultimately are known as legally binding exchanges of value within a specified amount of time.
Discover how this contract obligations overview can help you:
- Break down contract obligations.
- Identify contract obligation examples.
- Transfer contract obligations.
- Leverage contract obligation tracking tools.
Click here to read the full guide!
CLM software can assist with successfully managing contract obligations by providing a detailed oversight. CobbleStone Contract Insight® can help with the following features:
- Contract Obligation & Task Management
- Better Spend Management
- Intelligent Obligation & Task Events
- Obligations Notifications & Alerts
“We at CobbleStone value the importance of successful contract lifecycle management," says Bradford Jones, Vice President of Sales and Marketing at CobbleStone Software.
“This guide serves to inform contract professionals the importance of contract obligations and how to best manage them.”
Contact CobbleStone Software to schedule a free demo.
For more information, email Sales@CobbleStoneSoftware.com or call 866-330-0056.
About CobbleStone Software:
CobbleStone Software is a celebrated leader in contract management software solutions whose flagship CLM software solution – CobbleStone Contract Insight – expedites contract management, vendor management, eProcurement, and eSourcing processes while offering seamless integrations, ease-of-use, and high scalability. CobbleStone's contract lifecycle management solutions provide simplified contract and vendor tracking, highly configurable email alerts, user-friendly calendar notifications, intelligent contract workflow automation, highly robust security options, streamlined authoring of contract templates with dynamic clauses, centralized revenue/cost management, detailed text indexing and searching, future-minded vendor/client ratings, robust document version control, custom contract management reports, speedy IntelliSign® electronic signatures, more intelligent contracts with VISDOM® artificial intelligence and machine learning, and more.
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