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On-time Renewals Stem Erosion of the Service Annuity Stream

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Erosion of the service annuity stream can have a significant impact on a company’s overall financial performance. There are several factors that contribute to erosion - cancellations, service level downgrades and expired contracts. But, erosion from expired contracts can be controlled. This Vantage explores the impact of on-time renewals on the performance of the services business and the importance of closing renewal contracts prior to expiration. And, it offers a best practice approach to driving overall services performance by effectively managing on-time renewals.

This whitepaper discusses considerations and strategies for maximizing a global services business. To request the full whitepaper, please complete our resource request form.