End date Monitoring

Contract management software should start helping you with the administrative process around the end date. Entering an end date is not that complex but manually tracking the correct end date if a contract is tacitly renewed requires tremendous administrative discipline. And the more contracts the more work this is and the greater the chances of errors. Contract management software should completely take over this administrative task.

An active contract has an end date in the future. Your software solution should have automated end-date monitoring, even for tacit renewals. And of course, end date monitoring means monitoring the last day on which the notice period expires and the time you need to make responsible decisions.