Contract configuration items in Asset Management Suite let you insert and track the contract-related data in your environment. For example, you can enter details about lease schedules, warranties, and the agreements that you have signed with your vendors or other business partners. After you create contract configuration items, you can associate them with other items in your system. For example, you can create a contract item that specifies the contract details, and then associate it with a new computer purchase. This association lets you track the document-related details of the new computer.
Before you can create and manage your contracts, you must set up your environment.
A contract expiration notification policy is an automation policy that sends an email notification before a contract is due to expire. A reminder runs before the expiration date to give you time to create an efficient migration or replacement strategy.