Do you know how to keep track of your contracts? For most businesses, particularly those that involve the creation of tickets/jobs such as machinery businesses, you want to have as many contracts as possible to bring in money into the business and to compete. This can however bring difficulties when it comes to keeping track of all your contracts. It is important that your business has a system in place to keep track of contracts so that you can ensure you are always compliant, and are able to monitor the position of the contract within its lifecycle so that you know when to expect payments among other reasons.