In this interview with Corporate Counsel Business Journal, Mark Nastasi, founder and VP of contract management company CobbleStone Software, discusses the evolution of cost-effective and user-friendly contract and procurement management software applications and continuous innovation in Contract Lifecycle Management.

That includes VISDOM AI, which systematically analyzes contracts by transforming the documents into building blocks for improved contract oversight, proactive opportunity identification and risk mitigation. Among the VISDOM AI features are: CobbleStone Auto-Redline, which automates the inclusion of clauses from users’ approved clause library; ConfigAISM,which provides recommendations for metadata fields for contract clauses to streamline contract management software implementation; IntelliXtract to find key terms in contracts and agreements, and Theory Calculator, which provides automated data analysis and on-screen recommendations to help guide users through contract administration. Read more at CCBJ.