CobbleStone Software: The Enterprise Contract Lifecycle Management Champions

Matthew Friebis, Chief Information Officer
Founded in 1995, CobbleStone Software has established itself as a leading player in the Enterprise Contract Lifecycle Management space. CobbleStone® helps legal and procurement professionals in both public and private sectors streamline their CLM processes with end-to-end efficiency from contract requests to renewals – including speedy eSignatures. “We continue to deepenour supportof our clients’ day-to-day CLM processes whileconsistently introducing more robust tools for increased contract management workflow efficacy and efficiency,” says Matthew Friebis, the Chief Information Officer of CobbleStone Software. Moreover, the company is SOC 1 and SOC 2 compliant for paramount software security.

CobbleStone Contract Insight® offers unparalleled contract oversight with the help of various tools and features at users’ disposal – including ad hoc reports, quick searching, visual dashboards, configurable alerts, automated workflows, risk assessment mapping with the help of VISDOM® artificial intelligence with machine learning, OFAC compliance tracking, and much more. As such, users can speedily access the information they need. CobbleStone Software offers three editions of CobbleStone Contract Insight – Enterprise, Express, and Workgroup. The Enterprise edition provides the most robust CLM software solution that can satisfy the ever-increasing demands of the CLM market, especially in fortune 500 organizations, with ease and dexterity. “Some organizations may not need the bells and whistles of the Enterprise edition, so they start with the CobbleStone Contract Insight Express Edition that offers a cost-effective starting price point of only $59 per month per user and then transition into the Enterprise edition when necessary,” says Friebis. Organizations that need a ready-to-use CLM web-enabled solution to host on their own network server can quickly implement CobbleStone Contract Insight Workgroup Edition. Users can introduce new add-on modules to their CobbleStone Contract Insight Enterprise software license as their organizations’ needs expand. With such a highly configurable solution, the company helps clients at each stage of their evolution. “This source-to-contract management software solution seamlessly integrates eSourcing, eProcurement, vendor management, and purchase order management solutions within a centralized CLM system,” Friebis adds.


We continue deepening our supportof our clients’ day-to-day CLM processes to consistently introduce more robust tools for increased contract management workflow efficacy and efficiency

What sets CobbleStone Software a notch above the rest is its ability to collect user feedback and use that for making its solution more robust. “As we keep supportingthe needs of our clientele, particularly those of CobbleStone Contract Insight Enterprise users, we can keep introducing more mission-critical CLM tools of tomorrow, today,” states Friebis. For instance, a major public utilities board in Texas experienced an extreme surge in contracts to manage and was challenged by the inability to track active contracts, contract costs, version control, and key dates. CobbleStone Software swiftly implemented CobbleStone Contract Insight Enterprise Edition and empoweredthe organization’scontract management team with user-friendly CLM tools that could evolve with their future contract management needs. The organization is even using CobbleStone Software’s dedicated mobile app to manage their contracts when out of the office.

Such has been the prowess that CobbleStone Software has displayedover the years by helping many such clients. As Friebis mentions, one of CobbleStone Software’s key differentiatorsis its healthy work culture that empowers employees to be at their best while supporting clients’ CLM, eProcurement, eSourcing, and vendor management needs. “We recently announced the CobbleStone Software Employee Excellence Award recipients - who received company-wide recognition, personalized plaques, gift cards, additional paid time off, and extended lunchtime,” he says. Further, CobbleStone Software maintains its leading strength in the industry by constantly listening to its clients’ needs and introducing innovative solutions as quickly as possible. The company will be releasing CobbleStone Contract Insight 18.0.0 later this year. “We are actively hiring for many exciting positions of ranging seniority and expertise. If an applicant is interested in growing with us, we would be delighted to hear from them and see how they can potentially fit into our dynamic corporate culture,” concludes Friebis.

Company
CobbleStone Software

Headquarters
Princeton, NJ

Management
Matthew Friebis, Chief Information Officer and Mark Nastasi, Executive Vice President; Bradford Jones, Vice President of Sales & Marketing

Description
Founded in 1995, CobbleStone Software has established itself as a leading player in the Enterprise Contract Lifecycle Management space. CobbleStone® helps legal and procurement professionals in both public and private sectors streamline their CLM processes with end-to-end efficiency from contract requests to renewals – including speedy eSignatures. CobbleStone Contract Insight® offers unparalleled contract oversight with the help of various tools and features at users’ disposal – including ad hoc reports, quick searching, visual dashboards, configurable alerts, automated workflows, risk assessment mapping with the help of VISDOM® artificial intelligence with machine learning, OFAC compliance tracking, and much more

CobbleStone Software