Track Contract Terms, Notice Dates and Renewals

The Contracts tab keeps track of your Lumen agreements: their terms, notice dates, renewals, and spending commitments. Lumen's APIs don't return contract terms, so contracts are entered here or imported from a file by an administrator. Across the top you'll see how many contracts there are, and how many are in their notice window, month to month, auto-renewed, or still drafts. Contracts feed the rest of Expense Management.

They drive the audit findings for month-to-month services and notice windows, they limit contracted-rate checks to the services they cover, and they trigger alerts as notice dates, expiries, and commitment checkpoints approach. Each contract shows its billing accounts, start date, current end, the date notice is due, its status, and any annual commitment. Here, the master agreement is in its notice window, the retail schedule has gone month to month, and the voice agreement has auto-renewed. The timeline shows every date that matters in the coming year, such as notice deadlines, term ends, and commitment year ends, so nothing sneaks up on you.

Billing accounts with no contract are listed separately. An administrator can create draft contracts for them from inventory and fill in the terms. Click a contract to see its full terms: start, current end, notice date and days remaining, term length, auto-renewal, the uplift that applies once it goes month to month, and the annual commitment. For a commitment, you'll see each commitment year: eligible spend, how much is attained, the projection, any shortfall, and the discount tier you're on.

Below that are the tiers themselves, the services the contract covers if it's limited to a list, and the contracted rates linked to it. The buttons at the top open the matching reports: contract expiry, out-of-term services, and commitment attainment. That's the Contracts tab: every agreement, its key dates, and your commitments, all feeding the audit and alerts. In the last lesson, we'll set up the Finance area.