• Written by John OBrien
• Categorised Business, Contract Management

This blog first appeared on Cobblestone Software’s site. Four are distributors of Cobblestone’s contract management system, Contract Insight. Anyone managing contracts knows about the evergreen…

• Written by John OBrien
• Categorised Business, Contract Management, News

This blog first appeared on Cobblestone Software’s site. Four are distributors of Cobblestone’s contract management system, Contract Insight. Managing contracts from…

• Written by John OBrien
• Categorised Business, Contract Management, News

As legal operations processes and legal technology standards evolve, it is important that organisations adapt accordingly. As contract complexity and contract volume grow, the fact that manual and outdated methods of contract management will no longer suffice is quickly elucidated. As such, organisations working with contracts must embrace digital transformation to increase revenue, decrease contract lifecycle management bottlenecks, and succeed in this ever-changing technological landscape. Read on to learn about the nature of digital transformation – and how digital transformation with contract management software can help organisations to seamlessly navigate the future of legal operations.

• Written by John OBrien
• Categorised Business, News

Contract administration can bring forth a host of challenges. Between establishing a contract administration plan, following through with that plan within a set timeline, tracking contract financials, overseeing the contract lifecycle and planning for risk variables, contract administrators have a lot on their plate – and a lot of room for error, contract risks and bottlenecks. Fortunately, contract management software can help. Here’s how. Contract administration is the planning and execution of contracts. It involves oversight of contract lifecycle management and the tracking of counterparties, contract financials, employees, contractual risk, contract security and access, and contract management KPIs.

• Written by John OBrien
• Categorised Contract Management, News, Technology

Contract authoring is one of the most important stages in the life of a contract. An inefficient contract authoring process often relies on decentralised clauses, lacklustre compliance management and version tracking, inadequate line item management and a lack of unification of contracts and subcontracts. These contract management pitfalls can hinder organisations and result in error-prone contracts with missing or misplaced clauses, overlooked key dates and milestones and a disorganised process that stalls the contract lifecycle. Luckily, leading contract management software can provide intelligent contract authoring. Read on to learn how to simplify and modernise the contract authoring process.