Mark Nastasi is the Executive VP and founder of CobbleStone Software with over 20 years of professional experience in the industry. He launched the first commercial contract software in 1995 named CMTS (Contract Management Tracking System). He has worked extensively with general counsels, paralegals, lawyers, and legal professionals to help manage contracts better.
So who better to explain what’s on offer at CobbleStone than Mark!
Mark, what is CobbleStone?
CobbleStone Contract Insight® is an award-winning solution that streamlines and simplifies contract management and procurement processes.
Contract managers can enjoy automated contract creation, negotiation, compliance, and renewals. Procurement professionals can enjoy streamlined and centralized vendor selection, purchase order management, and spend analysis.
CobbleStone® has a proven record in enhancing efficiency, reducing risk, and improving collaboration within organizations.
What issue does your solution solve?
CobbleStone Contract Insight® hastens the contract lifecycle while reducing the need for excessive manual efforts and errors. It also fosters efficient procurement with better vendor selection, purchase order tracking, and cost control.
These aspects of CobbleStone lead to increased operational efficiency, risk reduction, and improved compliance.
Who is your solution aimed at? What does your perfect client look like?
CobbleStone Contract Insight is aimed at a diverse range of decision-makers and legal teams at various organisations.
Chief Procurement Officers can manage procurement processes, vendor relationships, and contract lifecycle management in a centralized location. Chief Financial Officers can centralise spend management and cost control in contracts. Legal teams and contract managers can automate drafting, review, and more.
In terms of company size and industry, CobbleStone is suitable for a wide range of company sizes and sectors- while users are able to scale up their solution as contract complexity and volume grow. CobbleStone is also internationally-agile – with diverse language support options and data centres hosted around the world!
What is the biggest challenge CobbleStone faces?
Customers face lack of organisation around contract lifecycle management (CLM) creating problems such as missed key dates, time-consuming manual drafting, negotiation collaboration bottlenecks, and legalese/clause inconsistencies. CobbleStone Software offers artificial intelligence-powered solutions to common CLM issues with a centralised, user-friendly contract repository, key date and task alerts, streamlined document assembly with the merging of clauses and metadata with templates from a pre-approved library, and clause ownership – among many other features.
Why pick CobbleStone?
CobbleStone Contract Insight offers a wide variety of unique offerings to its users. A few differentiators include:
• Scalability
• VISDOM® AI
• Configurability
• Mobile app
• Competitive pricing
• Ease-of-use
• Integration capabilities & connectors
See what users are saying about CobbleStone Contract Insight in our customer success stories.