Contracts expiring
the contracts which are about to get expired
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Category:  

Number of contracts that have will be expiring

What it Measures ?

Relevant StakeHolders 

In-depth Use Case / Real-world Example

KPI Definition

The number of procurement contracts that are approaching their end dates within a specific period.

Business Value

This metric is calculated to track the total number of contracts that are expiring so that a business can evlauate contract stautes and trends

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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