In response to the recent executive order titled "Restoring Common Sense to Federal Procurement: Better Clause Management," CobbleStone highlights the need for strategic FAR clause management.
PRINCETON, N.J., April 25, 2025 /PRNewswire-PRWeb/ -- In response to the recent executive order titled "Restoring Common Sense to Federal Procurement: Better Clause Management," CobbleStone Software – a recognized Leader in contract lifecycle management (CLM) according to the SPARK Matrix™ Report – emphasized that a strategic and technology-driven approach to managing Federal Acquisition Regulation (FAR) clauses is essential for federal agencies to achieve the order's objectives.
The executive order aims to streamline federal procurement practices, reduce administrative burdens, and ensure compliance while maximizing taxpayer value. CobbleStone Software asserts that achieving this "common sense" approach hinges on effectively managing the complexities inherent in FAR clauses.
"The spirit of this executive order – bringing 'common sense' back to federal procurement – demands that agencies adopt intelligent tools and strategies for FAR clause management," stated Bradford Jones, VP of Sales & Marketing and CLM Futurist at CobbleStone Software.
"Outdated, manual processes simply cannot deliver the efficiency and control required."
CobbleStone Contract Insight® provides federal agencies with the capabilities needed to embrace this "common sense" approach by offering solutions for:
- 𝐀𝐮𝐭𝐨𝐦𝐚𝐭𝐢𝐧𝐠 𝐅𝐀𝐑 𝐜𝐥𝐚𝐮𝐬𝐞 𝐦𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐭𝐨 𝐫𝐞𝐝𝐮𝐜𝐞 𝐛𝐮𝐫𝐝𝐞𝐧𝐬: Automated FAR clause management significantly reduces the administrative burden of keeping up with regulatory changes, allowing contracting officers to focus on strategic objectives.
- 𝐄𝐧𝐬𝐮𝐫𝐢𝐧𝐠 𝐚𝐜𝐜𝐮𝐫𝐚𝐜𝐲 𝐚𝐧𝐝 𝐦𝐢𝐭𝐢𝐠𝐚𝐭𝐢𝐧𝐠 𝐫𝐢𝐬𝐤: To support the "Restoring Common Sense" order's goals of accuracy and responsible spending, CobbleStone's features like auto-redlining and version control mitigate financial and legal risks associated with FAR clause non-compliance.
- 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐜𝐨𝐧𝐭𝐫𝐨𝐥 𝐰𝐢𝐭𝐡 𝐚𝐝𝐯𝐚𝐧𝐜𝐞𝐝 𝐟𝐞𝐚𝐭𝐮𝐫𝐞𝐬: Beyond basic storage, CobbleStone offers advanced features like AI-powered clause creation, auto-redlining, version tracking, sentiment analysis, and clause ownership for comprehensive FAR clause control and accuracy.
- 𝐌𝐚𝐤𝐢𝐧𝐠 𝐭𝐡𝐢𝐬 "𝐜𝐨𝐦𝐦𝐨𝐧 𝐬𝐞𝐧𝐬𝐞" 𝐟𝐞𝐝𝐞𝐫𝐚𝐥 𝐩𝐫𝐨𝐜𝐮𝐫𝐞𝐦𝐞𝐧𝐭 𝐞𝐫𝐚 𝐚 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐚𝐝𝐯𝐚𝐧𝐭𝐚𝐠𝐞: In the "common sense" era of federal procurement, CobbleStone offers a user-friendly, strategic advantage for organizations to achieve the executive order's goals of efficiency and value through advanced FAR clause oversight.
CobbleStone Contract Insight features a centralized FAR clause library, intelligent clause mapping, comprehensive compliance tracking, advanced analytics, and more - all designed to help federal agencies realize the "common sense" improvements sought by the recent executive order.
Federal agencies seeking to implement a more sensible and efficient approach to federal procurement through effective FAR clause management are encouraged to explore CobbleStone Software's solutions.
Click here to learn more about restoring common sense to federal procurement with better clause management.
Contact CobbleStone Software for a free demo.
For more information, email [email protected] or call 866-330-0056.
About CobbleStone Software:
CobbleStone Software is a celebrated leader in contract management software solutions whose flagship CLM software solution – CobbleStone Contract Insight – expedites contract management, vendor management, eProcurement, and eSourcing processes while offering seamless integrations, ease-of-use, and high scalability. CobbleStone's contract lifecycle management solutions provide simplified contract and vendor tracking, highly configurable email alerts, user-friendly calendar notifications, intelligent contract workflow automation, highly robust security options, streamlined authoring of contract templates with dynamic clauses, centralized revenue/cost management, detailed text indexing and searching, future-minded vendor/client ratings, robust document version control, custom contract management reports, speedy IntelliSign® electronic signatures, more intelligent contracts with VISDOM® artificial intelligence and machine learning, and more.
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Media Contact
Sean Heck, CobbleStone Software, 866-330-0056, [email protected], https://www.cobblestonesoftware.com/
SOURCE CobbleStone Software
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