Torii can help you keep track of your monthly renewals by keeping the next renewal date updated automatically.
Step 1 - Create Contracts With Monthly
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Navigate to the application you'd like to add a monthly renewal date
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Go to the Contracts tab and click the Plus sign to add a new contract
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Update the contract with the details you'd like to track
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In the
Payment terms
field, selectMonthly
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In the
End date
field, type the date the upcoming monthly renewal date
Step 2 - Create a Workflow to Automatically Update the Renewal Date
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Create a new workflow
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Select "Contract Meets Criteria" as the trigger type
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In the criteria setup, add these two filters:
End date is exactly 0 days from now
andPayment term is Monthly
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Add action -
Update contract field
to update theEnd field
toPlus 1 month
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Give the workflow a meaningful name and activate it

