Contract digitization helps to reduce and manage risk through secure contract sharing, archiving, and signature. With the ongoing pandemic, new hazards in contemporary contract management have emerged. Contract managers, on the other hand, can readily identify and eliminate contract risks by implementing a digital contracting method. Contract digitization simplifies contract administration for enterprises and organizations of all sizes, from start-ups to huge corporations, by enabling them to handle complicated contract portfolios and answer to contract-related inquiries with reliability. Digital contract administration is ideal for firms with distributed workforces.