An Invoice and Contract Management System (ICMS) is a software platform that helps businesses better manage their invoicing – from generating quotes to creating invoices, collecting payments, and tracking overdue accounts. ICMS also helps streamline the process of creating contracts with customers, suppliers, vendors, and other partners. It automates the contract creation process by providing templates, auto-filling data, and generating digital signatures. All in all, ICMS consolidates the paperwork associated with running a business, saving time and hassle while helping ensure accuracy and compliance.