Ensure throughout the month that Service Contract procedures (where applicable for your business) are followed.
Of special note are these Service Contract-related checklist items:
- Bill Service Contracts – Run billing for all active service contracts due in the current month to ensure accurate recurring revenue recognition.
- Monitor Service Contract Renewal Queue – Review upcoming contract renewals, confirm pricing, and send renewal notices or invoices to customers.
- Vendor Service Contract Renewal Queue – Check for vendor-provided service contracts that require renewal and coordinate renewals or cancellations as needed.