You probably know your major contracts inside out. Logical, because these are often the agreements that largely ensure that your organization continues to run. But the 'smaller' agreements, such as service subscriptions, can sometimes cause unpleasant surprises.

Contracts sometimes contain sensitive data. Not everyone inside (let alone outside) your organization needs to know how much you pay for something or what the exact agreements are with certain people.

Apart from that, a lot of contract information is not relevant at all for most people. It only distracts and you lose the overview.