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Enforcing contracts is an essential aspect of ensuring that you're capturing the correct revenue based on the current state. Have your customers met their commitments?
If a company is keeping up with accuracy while renewing contracts manually, it is typically due to throwing a lot of people and account management time to properly manage everything (taking data from a spreadsheet, doing an audit on contract specifics, setting reminders). This means that revenue leakage is even occurring simply from overhead, which could be reduced if the process was automated.