It could be...
The application basically allows you to enter contracts you have - for example software licenses or contracts with suppliers and as those contracts change over time (ammendments and addendums), and contract terms come and go, the application will send alerts for when things need to get done. It also handles terms that automatically roll over etc and has quite a comprehensive import tool to allow you to import existing contract data into the system.
It was primarily design for companies that have many contracts with suppliers, re-sellers and licenses etc.
Let me know if you want more information. I really dont have any plans for the application, so I am just seeing if anybody else might find it useful, or is looking for something similar.