Contacts are used in Expiration Reminder to manage the profile of an employee, contractor, a customer etc. either if they're receiving notifications about items or no. You can configure as many contacts as needed in the system. There’s no limit on any plan.
Examples of who can be a contact
Anyone can be a contact. This includes:
Employees
Contractors
Customers
Vendors
Suppliers
Clients
Etc.
To configure any of these, you just need the name and the email address or mobile number to at least send them notifications.