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CobbleStone Software Introduces Compliance+ Module

In a significant move for organizations grappling with compliance challenges, CobbleStone Software has launched its new Compliance+ Module. This innovative solution is designed to simplify the intricate process of third-party compliance and due diligence. Recognized as a leader in contract lifecycle management (CLM) and artificial intelligence in contracting, CobbleStone's latest offering merges vital compliance screening data sources into a single, flexible platform.

Addressing Compliance Complexity

Organizations across various sectors are facing heightened regulatory demands and scrutiny over their relationships with vendors, suppliers, and clients. Often, compliance teams are compelled to use multiple screening tools, resulting in a cumbersome and costly process. With the Compliance+ Module, CobbleStone aims to alleviate these issues by centralizing compliance screening capabilities, thereby reducing the administrative burden that organizations often encounter.

This module provides integrated access to five essential compliance data sources:

• - Dun & Bradstreet (DB)
• - OFAC (Office of Foreign Assets Control)
• - SAM.gov
• - NPI (National Provider Identifier)
• - OIG (Office of Inspector General)

The flexibility built into the Compliance+ Module allows administrators to activate, deactivate, or manage individual screening connectors, adapting seamlessly to the evolving compliance needs of an organization.

Simplifying Vendor Due Diligence

The launch of the Compliance+ Module comes with a baseline package that permits screening for up to 1,000 vendor and client records across the integrated data sources. This feature is particularly valuable for organizations that require a more efficient method for managing vendors, conducting supplier due diligence, and monitoring compliance within healthcare and government contracting environments.

Mark Nastasi, CEO and Founder of CobbleStone Software, stated, “Organizations need compliance tools that are comprehensive yet user-friendly and scalable. With the Compliance+ Module, we simplify the compliance screening process by integrating multiple trusted data sources into one cohesive solution.” This integration aims to strengthen due diligence efforts and enhance overall operational efficiency.

Existing customers of CobbleStone are encouraged to reach out to their account managers to explore the new features, while potential users can schedule a free demo to experience the effectiveness of the Compliance+ Module firsthand.

The Future of Compliance Management

CobbleStone's Compliance+ Module represents a significant leap forward in the realm of compliance management. By consolidating crucial data sources and offering an intuitive user interface, CobbleStone is well-positioned to assist organizations in navigating the complexities of compliance in today’s regulatory landscape.

For those interested in learning more, CobbleStone provides contact options through their website, or via email at [email protected]. Organizations can also find updates on industry trends by subscribing to the Contract Insights blog offered by CobbleStone Software.

About CobbleStone Software

CobbleStone Software stands as a distinguished leader in contract management solutions, providing tools that expedite contract, vendor management, and eProcurement processes through cutting-edge features such as artificial intelligence, machine learning, and customized reporting. To stay updated on their developments, follow CobbleStone Software on various social media platforms.

In conclusion, the Compliance+ Module by CobbleStone Software not only addresses the pressing needs of compliance teams but also promises to foster enhanced vendor-client relationships through improved oversight and streamlined operations.