The Expiry Dates report provides a convenient way to keep track of approaching deal expiration. Deal expiration management is a crucial component of business operations.
The Expiry Dates report gives you a fast overview of all deals that are set to expire within the next 90 days. You can choose from duration of 30, 60, or 90 days.
Expiry dates reports provide the following information:
- The number of deals:
The Expiry Dates report provides a complete perspective by displaying the exact number of deals that have expired during the given time period(30,60, or 90 days). This report enables firms to simply identify and keep track of the number of deals that are getting close to expiration.
- Total Amount of all Deals:
Corporate entities can optimize resource allocation by looking at the total amount of all deals that are about to expire. With the use of this research, it is possible to estimate the amount of money needed to finish up contracts that are about to expire, ensuring that enough money is set aside to execute contractual commitments. It also aids in spotting chances for resource reallocation to more strategic projects or growth sectors.
- Expiry Deals by Period:
Analyzing expiring deals according to various time frames enables effective resource management and monitoring. For 30 and 60-day expiration, data is shown every calendar week, allowing for timely action. In order to provide a more strategic perspective on approaching expiration, data is shown monthly for 90-day expiration.
- Deals list as per selected period:
A thorough deal list is prepared based on the selected time to help with the efficient administration of expiring deals. Color-based visual cues make it easier to spot offers with short expiration dates. The color palette consists of:
- Red: Expiry dates within the next 10 days, including the current date, signaling the need for immediate attention.
- Orange: Expiry dates within the next 11-30 days, indicating impending deadlines that require proactive management.
- Green: Expiry dates within the next 31-90 days, allowing corporations to plan and allocate resources effectively.