Contracts expired
Number of Contracts expired
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Category:  

Number of contracts that have already expired

What it Measures ?

Relevant StakeHolders 

In-depth Use Case / Real-world Example

KPI Definition

Contracts expired refers to the number of procurement contracts that have approached the end of their validity period within a specified timeframe

Business Value

This metric is calculated to track the number of contracts expiring soon, so that a business can plan revenue targets and goals.

Movement Direction

Sample Formula

COUNT (Contract_Number)

Should Aim For
1
This metric should move down ie., decrease with time as a business should try to re-sign exsiting contracts before they expire.
2
3
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