This blog post was updated on March 7th, 2021.
Contract termination should involve rigorous financial analysis, contract performance data analytics, and the creation of a notice of termination. With tight deadlines and specific terms required to terminate a contract, organizations need a strategy to identify contracts not meeting contract KPIs, write notices of contract termination, and secure proper contract closeout. This article will show you how to implement this strategy readily with the help of contract management software.
