Three vendor management best practices for cutting costs right now
Managing vendors with manual and disparate processes such as spreadsheets, phone calls, emails, and paper-based filing systems can prove challenging. Without a centralised electronic process, vendor management workflow bottlenecks can significantly decrease your organisation’s profitability. Fortunately, leading-edge vendor management software
Three contract risk management tools to protect your organisation
Reviewing contract risk can be time-consuming, challenging,and stressful. Manually assessing risk factors can cost your organisation extra time and money while increasing the risk of inadvertent human oversights. While you can do your best to carefully track risk factors, including
Procure To Pay software – how to select the right solution
Procurement departments can run into serious issues without the proper procure-to-pay tools. Lacklustre procurement strategies can bring unnecessary risk, dark purchasing, detrimental data inaccuracies, harmful supplier issues and a more drawn-out procure to pay cycle. Procurement teams no longer need
Four must-have contract management system features
2021 has already brought many enhancements and innovations to contract management automation - and contract management technology will not stop enhancing contract management processes any time soon. Your organisation could be missing out on user-friendly and future-minded contract management system
Simplify contract management with Contract Insight Express Edition
Do you manage contracts in a small to mid-size organisation? Or, do you manage a large amount of contracts and need a basic yet streamlined contract management solution for optimal control and oversight? Regardless of the position or size of
4 ways VISDOM AI creates smarter contracts
VISDOM® AI is Contract Insight's proprietary, AI based contract management engine with machine learning. VISDOM can simplify contract administration for a wide variety of industry professionals by unifying people and processes thanks to a seamless integration between AI and contracts.
Forrester includes Contract Insight in the Leader category
Forrester, a leading global research and advisory firm, assessed contract lifecycle management providers for this Q1 2021 report and has evaluated Contract Insight - the acclaimed contract lifecycle management software platform from Cobblestone Software and Four as a Leader in
How do I build my contract lifecycle management system?
Companies of all sizes within both the public and private sectors often find themselves manoeuvering multiple contracts at once - with said contracts progressing at various stages of the contract lifecycle. As such, they must build an efficient, organised and
Six critical contract management tools for 2021
2021 has arrived, and with it comes new innovations to your contract management software processes. Keeping this in mind, we have outlined six critical contract management tools that your organisation should equip itself with to stay ahead of future-minded contract
COVID vaccine rollout highlights importance of supply chain management
As we begin to successfully mitigate the effects of the ongoing COVID 19 pandemic, it would be nearly impossible to overstate how vital it has been for manufacturers to consistently improve and optimise the COVID vaccine supply chain and for
How contract management and contract lifecycle management differ
The terms "contract management" and "contract lifecycle management" may at first seem interchangeable. However, there are clear differences between the two. Organisations looking for opportunities to streamline contract processes, increase revenue, improve compliance and maintain security will benefit an understanding
How to maximise construction contract management
Managing various construction contracts can be a challenging process to coordinate and streamline – especially when dealing with multiple stakeholders and ranging construction project timelines. Relying on disparate contract management methods – such as postal mail, wet-signatures, filing cabinets, emails,