Contract Authoring module can be use to create a new contract. The landing screen is populated with contracts that is still in draft or pending approvals. The Contract Authoring module also allows users to track the progress of each contract, ensuring efficient workflow and timely approvals. 
over view screen
The signatory (signatories) is the supplier the contract is made for, when you publish and approve an item under contract authoring, its automatically populates in the contract dashboard module. 