What is co-term ?
Co-terming aligns multiple subscriptions or licenses to expire on the same date, simplifying renewal management for customers with multiple products.
Co-terming (or co-termination) synchronizes the end dates of multiple subscriptions so they all renew at the same time. It simplifies procurement and negotiation for customers while creating predictable renewal events for vendors.
Example: A customer buys a CRM subscription in January and a billing platform add-on in April. The vendor co-terms the April subscription to align with the January renewal date, prorating the charge so both contracts end on the same date.
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