We are thrilled to receive the highest possible score in The Forrester Wave™ Contract Process Analytics Criterion: Contract Lifecycle Management for All Contracts, Q1 2021 – which recognizes us as a leader in CLM software .” – Bradford Jones, Vice President of Sales & Marketing at CobbleStone
PRINCETON, NJ (PRWEB)
February 01, 2022
CobbleStone Software, a leader contract management software supplier, received the highest possible score for the Contract Process Analysis criteria in the Forrester Research, Inc. report: The Forrester Wave™: Contract Lifecycle Management for All Contracts, Q1 2021.
CobbleStone believes that its rating of 5 out of 5 in the contract process analysis criterion by Forrester attests to its strong digital contract process analysis capabilities within its user-friendly, industry-leading CLM software solution, which can help its global user base streamline its contract lifecycle management processes. from applications to renewals with detailed monitoring.
Forrester Wave™: Contract Lifecycle Management For All Contracts, Q1 2021 defines a score of 5 out of 5 in the Contract Process Analysis With criterion as follows:
“5 = Product has superior capabilities compared to others included in this review [The Forrester Wave™: Contract Lifecycle Management For All Contracts, Q1 2021], including support for features identified for contract process analysis, with enhanced features such as libraries of best practice contract process guides.
“We are thrilled to receive the highest possible score in the Contract Process Analytics Criterion in the Forrester Wave™: Contract Lifecycle Management For All Contracts, Q1 2021 report. We are constantly finding new ways to increase our service offerings. user-friendly CLM software features to help maximize the success of our clients’ contract process analysis,” said Bradford Jones, vice president of sales and marketing at CobbleStone Software.
CobbleStone Contract Insight® CLM software provides highly configurable and automated contract workflows – including clause ownership assignments, task escalations and approval routing – for optimized analysis of contracting processes, from contract requests to renewals, with reduced friction.
CobbleStone Contract Insight can be configured to notify stakeholders of contract changes and VISDOM® – CobbleStone’s proprietary AI engine with machine learning – supports compliance with contracts and risk analysis by evaluating contracts for questionable language and updating modified language in a secure contract repository that can be extracted for future contract assembly. CobbleStone Contract Insight can track solid contract negotiation data, including stakeholder review times and task cycles. CobbleStone Contract Insight’s robust audit trails provide users with data to further optimize their CLM processes. CobbleStone’s acclaimed graphical dashboards offer users contract process analysis at a glance that can optimize contract lifecycle management. With this data at their fingertips, CobbleStone Contract Insight users can export metrics in XLS format, including ad hoc reports. Moreover, the CobbleStone Contract Insight WiKi and Contract Insights Blog provide users with CobbleStone Contract Insight and contract lifecycle management best practices for highly optimized contract process analysis.
“With CobbleStone’s strong digital contract process analysis tools, industry-leading artificial intelligence, and thousands of software users, we believe it’s no wonder Forrester credits CobbleStone Contract Insight the highest possible score in the contract process analysis criterion,” continues Jones.
About CobbleStone Software:
CobbleStone Software is a visionary business leader contract lifecycle managementUsers around the world have trusted vendor management, eProcurement and eSourcing software solutions for over twenty years. CobbleStone’s contract management solutions track contracts and vendors, IntelliSign® electronic signatures, configurable email alerts, calendar notifications, contract workflow management, robust security options, contract template creation with dynamic clauses, revenue/cost management, robust text indexing and search, vendor ratings /customers, document version control, custom reports, e-signatures, smarter contracts through artificial intelligence and machine learning, and more. Additionally, CobbleStone, as a CLM software provider, is SOC 1 and SOC 2 compliant for optimized security.
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