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A contract that renews automatically without you noticing can cost you a full year of a service you don’t need.

Managing contracts and renewal dates: no contract expires without you knowing

Every company or organisation has many contracts: leases, suppliers, customers, maintenance, software licences and insurance. When they sit in scattered paper files, renewal and termination dates and important obligations slip by.

Paperless office 6 min read

By Nour Aldein Tleti. Updated .

Hero city waterfront night

How do I manage contracts and their renewal dates digitally?

Create one register for all contracts covering the parties, start and end dates, notice period for termination, value, currency and owner, and attach a scanned copy of the contract to each entry. Then set alerts that arrive well before the notice deadline, not just before the end date. Review the register regularly with management and finance.

What should the contract register contain?

Parties and subject
The other party’s name, the contract type and a short description of what it covers.
Critical dates
Start and end dates, the notice period for non-renewal, and payment and review dates.
Value and currency
The amount, its currency and how it is adjusted, such as linking it to a set exchange rate or a periodic review.
Internal owner
The employee who follows the contract’s execution and decides on renewal or termination.
Attachments and annexes
The signed copy and all annexes and amendments, in date order.

Smart alerts and follow-up

Alert before the notice period
If the contract requires advance notice of non-renewal, the alert must come before that deadline, not before the end date.
Staged alerts
A first reminder to review, a second to decide, and a third before the last possible date.
Tracking obligations
Reminders for delivery dates, reports or guarantees that either party has committed to.
Upcoming contracts list
A clear view of contracts that expire or need a decision in the coming period, reviewed in management meetings.
Negotiation history
Keep important correspondence and renewal offers with the contract record, so whoever takes over knows what was agreed and why.

Points specific to the Syrian context

Contracts in two currencies
When the value is set in one currency and paid in another, record the agreed conversion method so the two sides don’t disagree at every payment.
Price review clauses
Contracts may include clauses to revisit prices as conditions change, and their dates need alerts just like renewal dates.
Parties abroad
Contracts with suppliers or partners outside Syria may be governed by other laws, so record the governing law and the dispute resolution forum in the register.

Steps to build a contract register

  1. 01

    Gather active contracts

    From every department and office, including contracts managers keep in their own offices.

  2. 02

    Scan them and enter their details

    A scanned copy of each contract with the core register fields.

  3. 03

    Assign owners

    Each contract gets one internal owner who receives the alert and takes action.

  4. 04

    Switch on alerts

    In a contract system, a shared calendar or whatever automation tool is available.

  5. 05

    Make registration a condition

    No supplier is paid and no contract is executed before it is entered in the register.

  6. 06

    Add a standing review item

    Make reviewing contracts close to expiry a permanent item on the management meeting agenda, and take decisions on time.

Contract types and what to track

Contract typeCritical dateWhat to track
Office and warehouse leasesNotice period for non-renewalRent adjustments and payment currency
Supplier contractsExpiry of agreed pricesQuantities, quality and delivery dates
Maintenance and service contractsAutomatic renewalActual service level versus what was agreed
Software subscriptionsRenewal date and payment methodActual number of users and real need
Insurance policiesCoverage end dateWhat the policy actually covers and changes needed

Read also

Frequently asked questions

Is an Excel sheet enough to manage contracts?

For a limited number of contracts, an organised spreadsheet with calendar reminders may be enough. As contracts and owners grow, a dedicated system or one linked to the archive is safer.

Who should have access to contracts?

Management, finance and each contract’s owner, with limited view access for others as needed, because contracts often contain confidential prices and terms.

Do we keep the paper original after scanning?

Yes, in most cases, because the signed original may be requested in any dispute. Check current local legal requirements on the validity of electronic copies.

How do we track verbal agreements or ones made on WhatsApp?

Turn them into a written agreement, even a short one, and record it in the same register. An undocumented agreement is hard to prove in a dispute.

Does ONE DIGITAL help build contract registers?

Yes. Its team can set up the contract register and alerts and link them to the electronic archive with suitable permissions.

Keep exploring

Need help with your organisation’s digital transformation?

Message ONE DIGITAL’s Syria branch on WhatsApp +963 936 503 899 or visit us in Hama. We’ll review your situation and suggest a practical first step.

WhatsApp Nour Aldein TletiCall +971 58 996 9118WhatsApp Syria branch +963 936 503 899

Discuss your project with ONE DIGITAL

Nour Aldein Tleti, Software Engineer & Digital Transformation Specialist
Nour Aldein Tleti

Software Engineer & Digital Transformation Specialist

Dr. Alaa Khoury, Economics, Banking & Accounting Specialist | Financial Analyst
Dr. Alaa Khoury

Economics, Banking & Accounting Specialist | Financial Analyst

info@onedigitalco.com

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