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CobbleStone Contract Insight® vs. Penny Software

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    CobbleStone Contract Insight®

    Score7.6 out of 10
    Enterprise companies (1,001+ employees)
    Contract Insight by CobbleStone Systems is a web-based Contract Management Software. Features include enterprise contract tracking, contract drafting, eSignature, custom fields, custom report design tools, e-mail alerts, calendar reminders, task notifications, security, document management, check in/out, workflow, financials, searching, performance tracking and full text indexing.N/A

    Penny Software

    Score7 out of 10
    N/ACloud-based E-Source / Procure-To-Pay system that automates RFQs/RFPs, provide comparison and analysis. and push to maximizing savings. Penny can be used to cover the procurement cycle partially or completely. From request > processing internal approvals > dispatching RFQs/RFPs > gathering quotations/proposals > sending POs > receiving materials (GRN) > billing > payment. All steps are automated in a storyline without a need to disconnect at any stage.

    $50,000

    per year

    Pricing
    CobbleStone Contract Insight®Penny Software
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    CobbleStone Contract Insight®Penny Software
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup Fee$59 per userRequired
    Additional DetailsCobbleStone offers flexible licensing options for Contract Insight including Named or Concurrent, Admin, Super, Standard, or Read-only. The licensing option and deployment method will determine pricing. Contact CobbleStone for custom pricing options.—
    More Pricing Information
    Features
    CobbleStone Contract Insight®Penny Software
    Contract Authoring
    Comparison of Contract Authoring features of CobbleStone Contract Insight® and Penny Software
    Feature
    CobbleStone Contract Insight®
    10.0
    1 Ratings
    20% above category average
    Penny Software
    -
    Ratings
    Contract creation10.01 Ratings00 Ratings
    Contract templates10.01 Ratings00 Ratings
    Clause library/saved fields10.01 Ratings00 Ratings
    Guided logic10.01 Ratings00 Ratings
    Contract Collaboration
    Comparison of Contract Collaboration features of CobbleStone Contract Insight® and Penny Software
    Feature
    CobbleStone Contract Insight®
    10.0
    1 Ratings
    20% above category average
    Penny Software
    -
    Ratings
    Contract sharing10.01 Ratings00 Ratings
    Contract editing10.01 Ratings00 Ratings
    Collaborating on contracts10.01 Ratings00 Ratings
    MS Word plug-in10.01 Ratings00 Ratings
    Approval process10.01 Ratings00 Ratings
    Interdepartmental workflows10.01 Ratings00 Ratings
    Contract Monitoring
    Comparison of Contract Monitoring features of CobbleStone Contract Insight® and Penny Software
    Feature
    CobbleStone Contract Insight®
    10.0
    1 Ratings
    19% above category average
    Penny Software
    -
    Ratings
    Contract database10.01 Ratings00 Ratings
    Contract search10.01 Ratings00 Ratings
    Contract milestone reminders & alerts10.01 Ratings00 Ratings
    Custom contract reports10.01 Ratings00 Ratings
    Tracking contract status10.01 Ratings00 Ratings
    Compliance check10.01 Ratings00 Ratings
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    CobbleStone Contract Insight®Penny Software
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    All AlternativesView all alternativesView all alternatives
    User Ratings
    CobbleStone Contract Insight®Penny Software
    Likelihood to Recommend
    10.0
    (1 ratings)
    7.0
    (1 ratings)
    Likelihood to Renew
    10.0
    (1 ratings)
    -
    (0 ratings)
    Usability
    10.0
    (1 ratings)
    -
    (0 ratings)
    Support Rating
    10.0
    (1 ratings)
    -
    (0 ratings)
    Vendor post-sale
    10.0
    (1 ratings)
    -
    (0 ratings)
    Vendor pre-sale
    10.0
    (1 ratings)
    -
    (0 ratings)
    User Testimonials
    CobbleStone Contract Insight®Penny Software
    Likelihood to Recommend
    CobbleStone Software
    We use Cobblestone for all of our contract types across the company. We had a phased roll-out which helped get us live fast and share experiences with other departments for their implementation. the fact that it can support the different department and contract type scenarios were the biggest selling point. We are confident that it will evolve with us as we grow and acquire.
    Read full review
    Penny AI
    As previously stated, the use of Penny Software is great for the procurement of equipment required to do our jobs. We have seen a number of vendors come up with great pricing options for us to use. This way we have saved large amounts of money which we could invest in other areas of the business.
    Incentivized
    Read full review
    Pros
    CobbleStone Software
    • The Cobblestone reps are great to work with.
    • Cobblestone is easy to use and setup. Our users caught on quick.
    • CobbleStone has a nice user-interface.
    • CobbleStone's mobile app is a plus.
    • Cobblestone integrates with a lot of other systems we use.
    Read full review
    Penny AI
    • Simple UI
    • Large customization options
    • Quick file imports
    Incentivized
    Read full review
    Cons
    CobbleStone Software
    • They are great to work with.
    Read full review
    Penny AI
    • More tutorials on features via YouTube
    Incentivized
    Read full review
    Likelihood to Renew
    CobbleStone Software
    Cobblestone has been great for us. I expect that we will work with them for many years.
    Read full review
    Penny AI
    No answers on this topic
    Usability
    CobbleStone Software
    We were please to see the fast user adoption with Cobblestone. We used their training services and were pleased with the delivery. The system also includes helpful videos and step-by-step guide. Cobblestone has out of the box dashboards that we used and tweaked to meet role-specific needs. The user interface is easy to understand.
    Read full review
    Penny AI
    No answers on this topic
    Support Rating
    CobbleStone Software
    Cobblestone's support is responsive and reliable. We use their self-help content and their standard support.
    Read full review
    Penny AI
    No answers on this topic
    Alternatives Considered
    CobbleStone Software
    CobbleStone is the easiest contract management system to use. The setup took less time than expected and was under budget. The system flexibility was another selling point for us. The other systems seemed OK for one type of contract but didn't seem to support the variety of contracts that we have. It has been great for third-party contracts as well as authoring our contracts from templates and clause libraries.
    Read full review
    Penny AI
    Penny Software has a great UI with a great support system. We are able to alter what we see and how we see particular data. This makes it easier for us to make decisions based on the information provided in a convenient manner. The support from the Penny team makes it easy for us to make adjustments to whatever we require out of the software, it also helps the team to get familiar with features they may have never used before.
    Incentivized
    Read full review
    Return on Investment
    CobbleStone Software
    • Easier contract request process
    • Faster legal reviews
    • Simpler workflow and approval processes
    • Improved contract compliance
    • Easier contract authoring and negotiations
    • Faster contract signatures
    • More secure contract repository with user permissions
    • Better contract analytics
    Read full review
    Penny AI
    • Positive ROI, is not particularly tangible, but the time saved meant that staff can focus on other projects
    Incentivized
    Read full review
    ScreenShots

    CobbleStone Contract Insight® Screenshots

    Screenshot of Access CobbleStone Contract Insight from desktop or mobile deviceScreenshot of CobbleStone Contract Insight Contract Management DashboardsScreenshot of CobbleStone Integrated Electronic SignaturesScreenshot of CobbleStone Contract AnalysisScreenshot of CobbleStone CLM Artificial Intelligence

    Penny Software Screenshots

    Screenshot of Platform ViewScreenshot of Comparison Table with AI Benchmark Tool.