Knowledge Base

Timely Evaluation of Automatic Contract Renewals

Written by Contract Management Expert | Mar 2, 2023 1:02:03 PM

A crucial part of Contract Management Software is to receive timely notifications by the appropriate individual. An important notification is both the automatic renewal of the contract on the end date and the automatic termination of the contract. It is best practice to have an action plan when an automatic end date notification is received and how it should be evaluated.

 

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