Technology costs typically decline over time as innovations improve efficiency. That’s why, when a service term ends, it’s best practice to assess current market rates before deciding your next move.
Customers generally have four options:
1. Do nothing – Let the service auto-renew, often at outdated or higher rates
2. Cancel the service – End the commitment if it’s no longer needed
3. Extend the term – Renew with the current vendor, often referred to as seamless savings
4. Replace the service – Switch vendors or renegotiate with the current one; this may require effort to reprovision and transition the service
MiSO3 helps you evaluate these options with confidence—benchmarking current rates and surfacing actionable opportunities, so you never overpay by default. It also monitors cancellation requests to ensure services are removed from your invoices in a timely manner, preventing unnecessary charges from lingering.