Contracts serve various important functions in modern enterprises and organizations. Contract lifecycle management activities and obligations are frequently tedious and repeated, making contract management not always the most “enchanting” of procedures. To that end, contract lifecycle management can be streamlined through automation and software solutions designed to not only handle but also optimize and streamline these repetitive operations. Contract lifecycle management is a system that monitors the advancement and performance of contracts throughout their lifecycles, ensuring compliance, meeting deadlines and deliverables, and adhering to the contract’s terms. You will track numerous KPIs, contract metrics, and data throughout the contract lifecycle to gain important insights into how your contract strategies are succeeding. Contract lifecycle management software gives business owners control and security over their contracts. Dock lets you manage contracts at any point in their life cycle. To maintain your competitive advantage, use features such as automated contract expiration and renewal reminders, secure storage, process templates, and a centralized contract repository.