Technology costs typically decline over time, making it critical to reassess market rates when a service term ends.
Customers have four options:
1. Do nothing – Let the service auto-renew, often at outdated or higher rates
2. Cancel – End the service if no longer needed
3. Extend – Renew with the current vendor, often at a better rate
4. Replace – Switch vendors or renegotiate for better terms
MiSO3 helps you evaluate these choices with confidence— benchmarking current rates, surfacing savings opportunities, and ensuring cancellation requests are properly executed to avoid unnecessary charges.