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CobbleStone Software Releases Guide on Transforming Contract Management for BFSI Organizations

Written by Simran Bains | 09/12/24

CobbleStone Software has recently published a guide on the transformative effects of contract management for the banking, finance, services, and insurance (BFSI) organizations.

PRINCETON, NJ (Sept. 10, 2024) - CobbleStone Software – a recognized Leader in contract lifecycle management (CLM) according to the SPARK Matrix™ Report – offers readers in BFSI organizations insight on leveraging contract management.

Given the high-risk and high-value nature of the contracts that professionals in the banking, insurance, real estate, private equity, stockbroking, and venture capital industries deal with, BFSI organizations are encouraged to leverage contract management software. Cutting-edge AI software for efficient contract generation, next-level security and visibility, and a holistic and unified compliance management system can bring immeasurable value to BFSI organizations.

This guide dives into various aspects of contract management that are essential to BFSI organizations, including:

  • Finance Contract Data Extraction and Mapping
  • Auto-Redlining for Finance Contracts
  • Generative AI for Financial Contract Management
  • Compliance Management
  • Tracking and Reporting Finance Contract Data

Click here to read more.

CobbleStone Contract Insight® provides BFSI professionals with document repository features, reports, audit trails, E-signatures, vendor management tools, electronic approvals, online negotiations, and more.

"We aim to provide legal and procurement professionals with the most up-to-date industry information within the CLM sphere to help their organizations make the most informed purchasing decisions. BFSI organizations deal with complex contract processes that could be made simpler with the addition of CobbleStone Contract Insight and all of its award-winning features," says Bradford Jones, VP of Sales and Marketing at CobbleStone Software.

Contact CobbleStone Software for 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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To stay up to date on contract lifecycle management industry trends and news, subscribe to CobbleStone's Contract Insights blog.