Marketplace™ Procurement
Renewal Management
Our Renewal Management service ensures you never miss a renewal deadline. We track all your subscriptions, provide timely reminders, negotiate renewals, and ensure continuity of your critical services.
Key Benefits
No missed renewals
Proactive notifications
Negotiation support
Service continuity
Deliverables
- Renewal calendar
- Advance notifications
- Renewal processing
- Negotiation support
- Renewal documentation
Technologies
Renewal tracking systems Contract management tools
Methodology
Proactive tracking with defined notification windows and renewal workflows
Who This Is For
Organizations with multiple subscriptions
Businesses with annual renewals
Companies without procurement staff
Enterprises with complex vendor relationships
Service Details
- Duration
- Ongoing
- Pricing Model
- Included or service fee
- Engagement Options
- • Included with licensing• Standalone renewal service
Compliance
Contract terms Vendor requirements