CobbleStone Software, a leading provider of contract lifecycle management (CLM) and contract artificial intelligence solutions, has rolled out its new Collaborative Online Editing feature, a real, time contract drafting and negotiation tool aimed at helping teams work together more effectively and speeding up contract turnover.
The upgraded functionality brings in a contemporary, user, friendly editing environment where legal, procurement, and business teams can collaborate on contract documents effortlessly and productively. This release allows users to initiate collaboration sessions in a matter of clicks and handle contract changes without the mess of conventional document versioning.
The streamlined interface delivers a familiar, word-processing-style experience that supports:
- Instant collaborator invitations to bring team members into the editing session quickly,
- Configurable permissions to control who can view, comment, edit or track changes, and
- Real-time teamwork that eliminates version drift and redundant review cycles.
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The solution also includes detailed audit trails that are dated, timestamped and linked to specific user actions giving teams greater visibility and control throughout the contract lifecycle. These audit features help ensure compliance and accountability while supporting faster negotiation and execution.
Bradford Jones, VP of Sales & Marketing at CobbleStone Software, commented on the new feature: “Our new Collaborative Online Editing capability empowers teams to work together in real time with the clarity and control they need to accelerate negotiations and drive better outcomes.”
He added: “This feature reflects our commitment to delivering technology that truly transforms how people create, edit, and finalize contracts.”
CobbleStone Software promotes the use of its advanced collaborative features in the CLM platform not only for legal departments but also for procurement teams at enterprises and organizations of all sizes. Those interested in seeing Collaborative Online Editing in action or getting further information about it can get in touch with CobbleStone Software directly by email or phone as mentioned in the complete company announcement.