As businesses continue to grow and evolve, managing contracts becomes an increasingly important aspect of daily operations. From negotiating terms to ensuring compliance, the contract management process can be complex and time-consuming without the right tools and strategies in place.

That's where CobbleStone Software comes in. As a leading global provider of enterprise contract lifecycle management and e-procurement software, it has been helping organizations of all sizes streamline their contract management processes for over two decades. With clients spanning numerous industries, CobbleStone's AI-enabled platform, Contract Insight™, is a best-of-breed solution designed to meet the unique needs of each organization it serves.

It offers a comprehensive suite of cloud-based and on-premise contract and procurement management software. Their platform is leveraged by leading companies, state and local governments, and regulated organizations worldwide. With over 3 million contract transactions and billions of dollars in contract value hosted on their platform, CobbleStone Software stands at the forefront of contract lifecycle management.

One of CobbleStone Software's key strengths is its longevity as a Software as a Service (SaaS) contract platform. With a proven track record and experience in the industry, they have consistently evolved their software solutions to meet the evolving needs of modern businesses. CobbleStone Software's commitment to innovation is backed by being reviewed by reputable entities such as Gartner, Forrester, and Dunn & Bradstreet.

Since its inception in 1995, CobbleStone Software has been a trailblazer in the contract management software industry. Their experience and commitment to research and development have culminated in CobbleStone Contract Insight®, a solution renowned for its flexibility and robust features. By understanding the power of organizational governance and offering industry-leading solutions, CobbleStone Software has earned the trust and satisfaction of numerous clients.

Under the leadership of Mark Nastasi, President, and Founder, CobbleStone Software continues to revolutionize contract and procurement management. Their advanced software solutions, combined with a customer-centric approach, enable organizations to avoid violations of agreements, enhance compliance, and optimize their contract and procurement processes.

 

Join us as we delve into the world of CobbleStone Software!

 

The Pioneer in Contract Management Software

CobbleStone Software was established in 1995 out of a crucial necessity. One of the top organizations broke a contract and had to pay a settlement of more than two million dollars, which highlighted the need for a contract management software solution. CobbleStone's primary goal was to help businesses avoid contract violations or breaches, while also providing a superior approach to managing contracts and obligations. CobbleStone® was one of the early and most experienced companies to offer contract management software, and it remains a leader in comprehensive contract lifecycle management and eProcurement software. CobbleStone has kept up with changing needs by continuously innovating, which aligns with the company's "Client-first" philosophy.

It is the provider of the renowned Cobblestone Contract Insight, a contract lifecycle management software platform that has won multiple awards. Users and third-party analysts have praised the platform for its adaptability, scalability, speedy user adoption, and exceptional customer service provided by the CobbleStone team. Aside from its contract management oversight function, Cobblestone also functions as a one-stop shop for vendor management, e-procurement, and e-sourcing. CobbleStone's software is trusted and utilized by thousands of legal, sales, and procurement professionals across the globe, making it the go-to solution for their contract and procurement needs.

 

Assessing the Robustness and Flexibility

Cobblestone Contract Insight's potency stems from its resilience, which is the culmination of steadfast endeavors made by the CobbleStone team to enhance its ease of use and reconfigurability. By persistently innovating, updating, and refining, CobbleStone remains attuned to the varying contracting requirements of diverse industries across the public and private sectors. CobbleStone integrates user-friendly applications and connectors, thereby streamlining and consolidating contracting and associated processes to enhance efficiency.

The system boasts remarkable flexibility and malleability, enabling seamless personalization to cater to the unique and dynamic requirements of every organization. External setup and integration are rendered superfluous as organizations can directly configure the system. Additionally, organizations can commence their utilization with only the essential features and gradually scale up to harness more advanced capabilities that align with their specific needs.

 

Foolproof Security Measures

CobbleStone Software acts as a dependable provider that guarantees compliance with SOC 1, SOC 2, and Privacy Shield. Customers can confidently avail themselves of hosting their applications in the cloud, as CobbleStone places a premium on the safety of both customer and company data. The systems employed operate on cutting-edge Microsoft Internet Technologies and Windows Servers, fortified with exclusive firewalls, monitored ports and logs, backups, failover facilities, private webs and databases, and server scans, all of which necessitate username and password authentication. Furthermore, CobbleStone offers an optional and exclusive security measure in the form of dedicated Windows or third-party digital certificates, such as those provided by VeriSign, DigiCert, and Thawte.

 

Unveiling the Proven Techniques

CobbleStone compiles information on how to augment CobbleStone Contract Insight through the process of scrutinizing client feedback, staying up-to-date with industry advancements, and actively pursuing technological innovations that can reinforce its proposition.

 

Secrets of Customer Loyalty

Boasting a client retention rate that surpasses 90 percent, the company's product speaks volumes about its excellence. CobbleStone has garnered success over an extended period by upholding steadfastness and rendering unparalleled tools and services that outmatch industry standards. The impetus propelling CobbleStone's accomplishments is its workforce. The team functions cohesively with the clients' welfare as its paramount concern, perpetually dispensing optimal contract management solutions complemented by an array of resources in diverse domains, including training, support, customer service, and beyond.

 

Ready for the Launch

CobbleStone has recently introduced its latest feature, the CobbleStone Auto-Redline, which is an innovative tool that enables users to automatically integrate approved clauses from their library. This feature is particularly astute as it can guarantee that contracts contain favorable language, leading to smoother negotiations and more positive outcomes. Users have the ability to leverage the power of CobbleStone Auto-Redline in two methods: either manually auto-redlining documents on an ad-hoc basis or configuring the system to auto-redline documents upon upload. Redlines can be rapidly reviewed and managed, while comprehensive version tracking and audit trails for automated redlines and comments are also available. This process of auto-redlining is made even more versatile thanks to the compatibility of CobbleStone Auto-Redline with both MS Word and CobbleStone's own native online document editor.

 

A Glimpse into the Future

CobbleStone has a comprehensive strategy to maintain its commitment to delivering exceptional value to its customers. This will encompass an array of initiatives such as their highly sought-after contract management master class series, exclusive user conference, and an ever-growing list of strategic partnerships. Additionally, the company will place great emphasis on its mission and corporate social responsibility endeavors. Moreover, CobbleStone strives to elevate its redlining and negotiation functionality, thereby streamlining and optimizing the contract creation, drafting, and negotiation processes for its users. Furthermore, the company will broaden its clause functionality to facilitate greater recognition and application in the expansive and diverse clause libraries of its clients.