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Effective contract monitoring is essential for keeping track of the progress and performance of all contracts in your organization. While some contract managers manually track their contracts, many others prefer to automate contract lifecycles, which allows for easier monitoring, maximum time efficiency, and increased risk mitigation. When monitoring your legal agreements, there are a few best practices to remember; we'll go over them in detail below. You can improve the quality and performance of your contracts by combining advanced contract monitoring tools with contract lifecycle management (CLM) software. Dock offers a low-cost, user-friendly contract management solution that integrates with your existing Microsoft 365 infrastructure.