The 2026 Contract Intelligence Index Report surveyed nearly 7,000 legal and enterprise professionals across 10 countries and found four gaps that undermine contract ownership everywhere.
Procurement sits at the center of two of them.
Gap 1: Who approves contracts?
Approvals split across Legal, execs, and Procurement with no clear owner
Gap 2: Where do contracts live?
Over half of organizations can't locate vendor terms in one place
Gap 3: Who tracks contracts?
Only 26% of respondents say obligations are tracked consistently
Gap 4: Who enforces contracts?
63% of legal and procurement professionals say they are responsible for enforcing contracts, including agreements they never approved.
89% believe their organization is losing money to vendor contracts that auto-renew without anyone noticing.
Don’t be part of this group.
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