Contract management means more than just managing contract documents. Contract management refers to all activities that deal with the development / design, administration, adaptation, processing and updating of all contracts of a company.
Contract management thus includes the support of contractual negotiations between client and contractor, the implementation of contracts and the execution of contract changes for technical, scheduling, personnel or financial reasons. ( Wikipedia )
The claim of the DOCM SharePoint solution is to support the user in the respective defined contract management process, a smooth online collaboration and to ensure a targeted flow of information in the company.