In literature and on the internet you will find various explanations, which often are based on articles about contract management in Wikipedia, which also provides various definitions:
With the contract management software smartLCM Contract Management you manage all tasks of contract management, digital, simple and transparent.
smartLCM contract management has been the leading software in matter and contract management for more than 20 years: a powerful contract management tool for your measurable success and the basis for transparent and secure information processes.
The basic functions of modern contract management software are contract administration, contract controlling and deadline monitoring. The IT integration into existing ERP, CRM or other information systems can be easily carried out within the project by means of standards such as CMIS - Interface or SAP Integration Gateways.
No matter whether as a single workstation or as a global enterprise application: smartLCM contract management can be used across multiple locations.