The problem - Contracts are a way of getting a business from A to B. So they should be able to meet business outcomes, efficiently. But most companies are still using horses (Word and email) which is slow and messy.
The opportunity - to make contracts work, you need better tools and processes. That's where automation comes in. Now you're moving from A to B using something more modern.
The missing piece of the puzzle - however just digitizing your old processes and old content, misses a huge opportunity: the contract itself.