CobbleStone Software – a recognized Leader in contract lifecycle management (CLM) according to the SPARK Matrix™ Report – continues to make strides in the contract management space.
Users of CobbleStone Contract Insight® can now reap the benefits of obligation tracking through VISDOM AI. When adding in contracts, it can be time-consuming and frustrating for legal professionals to review each record and point out the obligations being asked of them.
To aid with this, obligation tracking enables users to locate obligations in contracts easily. VISDOM AI is able to locate obligations in clauses by inspecting for certain grammar rules to determine if the paragraph is describing an obligation for a party.
Alongside obligation tracking, there are other new features in this version update including:
- Document toolbox redesign
- Survey side menu icon update
- File queue – attach to existing record
- Import line items on user defined subtables
- Improved bulk export of survey results
"We are excited for this launch and believe it's extremely beneficial to contract professionals. Producing efficient features by harboring artificial intelligence for contract management properly is what sets us apart as industry leaders time and time again," says Mark Nastasi, EVP and Founder of CobbleStone Software.