Features: What can they actually do?

Concord and CobbleStone both offer comprehensive contract lifecycle management, but with different approaches and capabilities:

Feature comparison table

CobbleStone: Comprehensive but complex

CobbleStone Contract Insight is a feature-rich platform with:

• Enterprise-grade contract repository

• VISDOM AI for data extraction and analysis

• Complex workflow automation capabilities

• Deep integration options with enterprise systems

• Extensive reporting and analytics

As one CobbleStone user explains on Capterra, “I recommend reaching out to CobbleStone if you are looking for a new contract database system. The customer service is wonderful and I received excellent live training from my instructor.”

Despite its robust functionality, some users note that CobbleStone has a steeper learning curve. A recent reviewer on Capterra mentions that “Cobblestone AI solution with VISDOM needs more work to get better at pulling contract data in more languages.”

Concord: Complete contract management with simplicity

Concord delivers end-to-end contract management software that covers:

• Contract creation with templates and clause libraries

• Real-time negotiation with comments and tracked changes

• Built-in electronic signature (no extra DocuSign fees)

• Intuitive approval workflows

• Advanced analytics and reporting

The most significant differentiator? Concord balances comprehensive capabilities with ease of use. As one Concord user puts it in their G2 review, “The ability to quickly search and find relevant contracts has been incredibly beneficial to our organization, especially when we were in the midst of due diligence as part of a merger with our new parent company.”

Implementation: How fast can you get started?

Getting contract software up and running is where many companies first feel the pain. Here’s what to expect with these platforms:

Implementation comparison table

CobbleStone requires a significant implementation effort, typically taking 2-4 weeks for basic deployment. The platform’s complexity necessitates structured training programs and dedicated technical support for proper configuration.

According to CobbleStone’s marketing, they offer comprehensive support during implementation, including live training sessions. However, the process can be lengthy due to the system’s extensive feature set.

Concord delivers a remarkably faster implementation, with the ability to set up your contract management system in less than a day. This rapid deployment is a key differentiator from both CobbleStone and other enterprise CLM solutions.

According to Concord’s procurement guide, “Implementation timelines vary based on organizational complexity, contract volume, and integration requirements,” but Concord’s streamlined approach enables much faster deployment than traditional solutions.

The right choice depends on your timeline and complexity needs. If you want immediate results, Concord works. If you’re willing to invest more time for highly customized implementation, CobbleStone might be worth the wait.

User experience: Will people actually use it?

Even powerful software fails if nobody wants to use it:

User experience comparison table

CobbleStone offers a powerful interface with comprehensive features, but many users find it challenging to navigate without extensive training.

According to a review on Software Advice, “Contract Entry is cumbersome – it can take up to 10 minutes to enter one contract.” This complexity can inhibit adoption, especially among occasional users.

Concord balances power with usability through:

• An interface that “feels like Gmail” according to users

• Intuitive navigation despite deeper functionality

• Mobile apps for on-the-go contract management

• Contextual help that guides users through processes

As one G2 reviewer put it in their review of Concord, “I like that the format is similar to gmail, so it is simple, and intuitive to use.”

AI capabilities: VISDOM vs. Agreement Intelligence

Both platforms leverage artificial intelligence, though with different approaches and capabilities:

AI capabilities comparison table

CobbleStone’s VISDOM AI focuses on:

• Data extraction from documents

• Risk assessment mapping

• Auto-redlining capabilities

• Real-time data recommendations

According to CobbleStone’s Bradford Jones in a press release, “CobbleStone’s VISDOM AI-based drag and drop record initiation transforms and streamlines the way Contract Insight users create contracts, requests, purchase orders, bids, and much more.”

However, some users note limitations. A Capterra reviewer mentioned that “Cobblestone AI solution with VISDOM needs more work to get better at pulling contract data in more languages.”

Concord’s Agreement Intelligence platform offers:

• Comprehensive data extraction with validation

• Risk identification and flagging

• Compliance monitoring

• Obligation tracking

• Performance analytics and insights

As Matt Lhoumeau, CEO of Concord, explains on the Concord website: “By automating the extraction and entry of key terms, our users can focus on strategic tasks rather than tedious administrative work.”

The efficiency gains are substantial. According to research cited in Concord’s healthcare guide, AI can complete contract reviews in approximately 26 seconds compared to 92 minutes for human reviewers, while achieving 10% higher accuracy.

Integrations: Playing nice with your tech stack

The ability to connect with your existing tools is crucial for any contract solution:

Integration comparison table

CobbleStone offers a range of integrations with enterprise systems, particularly focusing on:

• Salesforce and other CRM systems

• Microsoft ecosystem (SharePoint, Azure, Dynamics)

• HubSpot CRM

• Multiple e-signature options

• ERP systems like Oracle and SAP

According to SourceForge, CobbleStone integrates with numerous systems including “Adobe Sign, Microsoft Azure, DocJuris, DocuSign, Google Drive, Microsoft Dynamics 365, Microsoft Dynamics GP, GlobalSign, HubSpot CRM, JD Edwards EnterpriseOne, NetSuite, Microsoft OneDrive, Oracle Cloud Financials, Oracle PeopleSoft, QuickBooks, Sage Intacct, Salesforce, SAP Financials, Microsoft SharePoint, Unanet, Workato, and Workday Financial Management.”

Concord provides a much more extensive contract automation software ecosystem:

• Native Salesforce integration with bidirectional data flow

• HubSpot integration for marketing and sales alignment

• Google Drive, Dropbox, Box, and OneDrive for document storage

• Slack integration for real-time notifications

• Microsoft Teams connectivity

• Zapier connection to 7,000+ apps

• Robust API for custom integrations

According to market intelligence from 6sense, Concord has captured a 14.23% market share in the contract management space, making it a leading player in the industry.

For teams with complex tech stacks, Concord’s integration capabilities create a more seamless workflow across systems.

Pricing: What will it cost?

Both platforms structure their pricing differently, impacting your total cost:

Pricing comparison table

CobbleStone uses a per-user pricing model:

• Express Edition: $59/month per user

• Workgroup Edition: Custom pricing

• Enterprise Edition: Custom pricing (for larger implementations)

While the per-user starting price appears low, total costs can escalate quickly for organizations with many users. According to Capterra, “CobbleStone offers plans from $59 per month per user for the Express Online Edition. Please contact CobbleStone for an Enterprise Edition quote and demo.”

Concord starts at $399/month with a flexible structure based on your specific needs. All plans include unlimited e-signatures and document storage, with features that scale as you grow.

For detailed pricing information tailored to your organization, you can explore Concord’s pricing details.

ROI and business impact

Ultimately, the value of any software investment must be measured by its impact on business outcomes:

ROI comparison table

CobbleStone delivers value through:

• Comprehensive contract tracking

• Automated alerts and notifications

• Robust workflow capabilities

• Detailed reporting and analytics

• Compliance monitoring

According to TrustRadius, CobbleStone users have found it “instrumental in tracking key dates and milestones, as well as running reports for efficient contract management.”

Concord delivers more comprehensive returns through:

• Full lifecycle efficiency improvements

• Accelerated contract creation and approval

• Streamlined negotiation and execution

• Reduced legal review requirements

• Strategic insights from contract analytics

According to Concord’s research shared on their procurement software page, “For every dollar invested in contract management software, companies can expect to generate between $91 and $183 in recovered revenue.”

Industry research shows that organizations implementing CLM software typically aim for a minimum 3:1 benefit-to-cost ratio, or a 300% ROI, according to Concord’s procurement guide.

Market position and future growth

The contract management software market is experiencing significant growth, with some important trends to note:

Market position comparison

The global contract lifecycle management market is projected to grow significantly, with various analyst firms providing strong forecasts:

• From $1.49 billion in 2025 to $2.66 billion by 2030, growing at a CAGR of 12.25% according to Mordor Intelligence

• Expected to reach $3.46 billion by 2034, with a CAGR of 12.4% from 2024, as reported on Concord’s guide to contract management software

• Healthcare CLM specifically projected to reach $9.68 billion by 2032 according to Data Bridge Market Research, cited in Concord’s healthcare guide

According to research from Mordor Intelligence, Concord is among the major companies operating in the contract lifecycle management software market, alongside ContractWorks, Zycus, Contract Logix, and GEP.

CobbleStone recently celebrated its 30th anniversary in contract management. According to their press release, “CobbleStone Software – a recognized Leader in contract lifecycle management (CLM) according to the SPARK Matrix™ Report – marks its 30th anniversary, celebrating three decades of innovation and leadership in the industry.”

Which one is right for you?

The best contract lifecycle management software depends on your specific needs:

Overall comparison: At-a-glance decision matrix

Choose CobbleStone if:

• You need highly specialized enterprise features

• Your organization has technical resources for implementation

• You require extreme customization capabilities

• You have a dedicated team for contract management

• You work in a heavily regulated industry with complex requirements

Choose Concord if:

• You need comprehensive CLM with rapid implementation (less than 1 day)

• You want a platform that balances power with usability

• You require seamless integrations with existing tools

• You value intuitive interfaces that drive user adoption

• You need to demonstrate quick ROI on your CLM investment

Most growing organizations find that Concord delivers significantly more value in less time without the implementation complexity and cost of traditional enterprise CLM platforms.

Want to see Concord in action? Request a demo tailored to your specific use cases and requirements.

Frequently asked questions about Concord vs. CobbleStone

Bibliography

1. Capterra: CobbleStone Contract Insight Reviews

2. G2: Concord Reviews

3. 6sense: Concord – Market Share, Competitor Insights in Contract Management

4. Mordor Intelligence: Contract Lifecycle Management Software Market Growth Trends

5. Concord: Contract Management Software Guide

6. Software Advice: CobbleStone Contract Insight Profile

7. Concord: Procurement Contract Management Software

8. Concord: Healthcare Contract Management Software Guide

9. PRWeb: CobbleStone Software Celebrates 30 Years

10. CobbleStone Software: Contract Management AI

11. PRWeb: CobbleStone Software’s VISDOM AI Streamlines Contract Record Creation

12. TrustRadius: CobbleStone Contract Insight Reviews

13. Concord: Best Contract Lifecycle Management Software

14. SourceForge: CobbleStone Contract Insight Reviews

Thousands of companies trust Concord