Forescribe Glossary
What is Renewal Automation Rules?
A rule-based system that automatically triggers actions like renewal approvals, cancellations, or renegotiations based on contract terms, usage trends, or cost efficiency metrics.
Why it Matters
Reduces manual renewal oversight, prevents auto-renewal traps, and ensures renewals are based on strategic value, saving time and reducing risk across large SaaS portfolios.
Benefits
- Rule-based contract handling
- Prevents unwanted renewals
- Saves manual effort
- Aligns renewals with value
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