Understanding the renewal listing table

Overview

The renewal listing table provides a detailed view of all upcoming renewals, allowing users to prioritize and manage contracts efficiently. The table organizes renewals by important metrics such as vendor name, renewal stage, start and end dates, and auto-renewal status.

This comprehensive view helps teams assess which contracts need attention and take appropriate action, such as beginning the renewal process or marking contracts as “Will Not Renew.”

Learn more about the renewal listing page components from the following descriptions -

Component

Description

Vendor

The name of the vendor supplying the product or service, helping users know which vendor's contract is renewing.

Product

The specific product or service tied to the contract, indicating what offering the renewal applies to.

Renewal Deadline

The date by which the contract must be renewed to avoid termination or service disruption.

Renewal Stage

Indicates the current stage of the renewal process. The following stages are available on the platform - Not Started, In Progress, Alerted, Will Not Renew, and Completed.

Owner

The internal stakeholder responsible for managing the contract and renewal process.

Type

Specifies whether the agreement is a long-term contract or a subscription (e.g., SaaS, Software, Non-SaaS).

Term

The duration or length of the agreement in months or years (e.g., 12-month term).

Status

Shows the current status of the contract, such as Active, Expired, or Will Not Renew.

Total Value

The total value of the contract, representing the cost agreed upon for the entire contract period.

Annualized Value

The annual cost of the contract, helping users break down the total value into a yearly estimate.

Cancel By Date

The last possible date to cancel the contract before it auto-renews or requires renewal actions.

Start Date

The date when the contract or agreement originally became effective.

End Date

The date when the current contract period ends, determining when the next renewal is due.

Auto-Renewal

Indicates whether the contract has an automatic renewal clause and whether action is needed to stop it.

Payment Terms

Describes the agreed payment conditions (e.g., net 30 days), outlining when and how payments are made.

Billing Frequency

Specifies how often the vendor is billed, such as monthly, quarterly, or annually.

Actions

Lists the available actions for renewals, such as Request Renewal, Renewed Offline, and Will not Renew.


Note: Notifications and escalations configured in the settings will reflect in the actions displayed for each contract.

Key Benefits

Comprehensive View: See all upcoming renewals in one place.

Filter & Sort: Easily filter renewals by dates, vendor, or status.

Quick Access: Access contract details and take actions directly from the table.

Status Tracking: Monitor renewal progress at a glance.

For more details on the renewal management module, read here.

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