---
title: Contract Management use
description: Users with the contract\_manager role can use the Contract Management application to create various types of contracts, such as leases, warranties, maintenance, and service.
locale: en-US
canonical_url: https://www.servicenow.com/docs/r/australia/it-asset-management/contract-management/c\_UseContractManagement.html
release: australia
product: Contract Management
classification: contract-management
topic_type: concept
last_updated: "2026-03-12"
reading_time_minutes: 1
breadcrumb: [Contract Management, Common applications, Asset Management]
---

# Contract Management use

Users with the contract\_manager role can use the Contract Management application to create various types of contracts, such as leases, warranties, maintenance, and service.

You can add the following information to contracts.

-   Assets covered by the contract
-   Users covered by the contract
-   Terms and conditions associated with the contract
-   Other documents related to the contract

Track the various stages of a contract from draft to closure by viewing contract history and running reports. Adjust, extend, and renew active contracts.

-   **[Contract life cycle](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-asset-management/contract-management/c_ContractLifeCycle.md)**  
From creation until closure, contracts follow a life cycle that determines which fields can be edited.
-   **[Contracts](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-asset-management/contract-management/c_Contracts.md)**  
A contract is a binding agreement between two parties.

**Parent Topic:**[Contract Management](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-asset-management/contract-management/c_ContractManagement.md)

**Related topics**  


[Use the Asset Contract Overview module]()

[Components installed with Contract Management]()

[Contract approval flow]()

[Condition check definitions]()

[Domain separation and Contract Management]()