TIPS AND ADVICE

Contract Renewal Reminder Software: How to Never Miss a Due Date Again

05.07.2023

In today’s busy world it can be easy to miss important contract renewal dates. Missing a contract renewal date can have significant cost consequences, such as paying the dreaded ‘loyalty tax’ which often applies to existing customers who blindly renew without shopping round.

That’s where contract renewal reminder software and apps like GetReminded come in handy.

It is a tool that helps you track upcoming contract renewal dates and receive automated reminders before the expiry or due date. This ensures that you never miss a renewal deadline again, and that you’re always prepared to negotiate the best possible price with your current provider – or if necessary shop around for a better deal.

In this blog post we discuss the benefits of using contract renewal reminder platforms and provide some tips on how to get the most out of using GetReminded.

Some of the benefits using GetReminded:

• Peace of mind: Knowing that you won’t miss a contract renewal deadline gives you peace of mind and allows you to focus on other aspects of your life.

• Increased efficiency: Setting up your reminder due dates can help you streamline your life admin and save time in the long run.

• Better negotiating position: With GetReminded you’ll be ready to negotiate the best possible terms when your service contract comes up for renewal.

And here are a few tips for getting the most out of GetReminded:

1. Enter all of your contracts (and personal identity documents) into the app. This includes insurance polices, mobile phone plans, energy plans for gas and/or electricity, subscriptions like internet/streaming tv/games/software, passports, vehicle registrations and licences.
2. Enter the expiry date of all your contracts and documents, or if there is no hard expiry date enter a review date to use as a moment in time to check the price you’r paying is still competitive (especially relevant for longer term loans). This will ensure that you’re never caught off guard by an upcoming renewal date.
3. Review the reminders regularly. This will help you stay on top of your contract renewals and make sure that you’re prepared to look for the best rates in the market.
4. Use GetReminded’s other features and functions. For example add the cost paid for each contract into the app so it shows up own the annual cost summary tab. This helps you understand your total living costs and save time when it comes to deciding how and where to find savings. Also use the ‘Bills’ category to set up short term reminders such as rent, subscriptions and credit card due date that are paid on a weekly/fortnightly/monthly basis.
5. Finally, GetReminded has other useful reminder categories including for personal health, pets, and birthdays/anniversaries/membership payments reminders (the latter found in the ‘More’ category).

GetReminded is an invaluable app that can help you avoid missed deadlines, improve how you manage life admin, and lead you to get better prices on a wide range of financial services. If you’re not already using GetReminded you may be surprised at how much time and money you can save.

Get the app. Don’t forget to save.

Download GetReminded from the Apple App Store or Google Play Store. Read the FAQ to learn more.