naukri

Contract Renewal Specialist

Nexthink

Riyadh, KSA

Contract

Mid

Hybrid

2 weeks ago

Contract RenewalNegotiationCustomer RetentionData AnalysisClient CommunicationForecasting

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Contract RenewalNegotiationCustomer Retention

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Overview

Join our Global Sales Operations team at Nexthink, the leader in Digital Employee Experience. Based in our Madrid office, this unique opportunity involves managing and facilitating the renewal process for contracts and subscriptions between Nexthink and its Partners and clients. Your primary focus w

Key Responsibilities

Contract Renewals: Collaborate with clients to understand their needs, negotiate contract renewal terms and maximize renewal rates. Drive relevant activities to ensure timely and accurate completion of all necessary paperwork, including Quotes and Order processing. Establish a framework and process
Client Communication: Maintain regular communication with clients throughout the renewal process, including contacting and follow up with customers and partners to ensure a seamless experience. Address any concerns or questions they may have and provide information on the benefits of renewal.
Customer Retention: Work to retain existing customers by building and maintaining strong relationships. Identify opportunities for upselling or cross selling additional products or services.
Data Analysis: Analyze customer usage patterns, satisfaction levels, and other relevant data to identify potential risks or opportunities for renewal. Use this data to create strategies for improving customer retention.
Negotiation: Skillfully negotiate terms, pricing, and contract details with clients to ensure a win win situation for both the company and the customer.
Documentation: Maintain accurate and up to date records of all client interactions, contract details, including Terms & Conditions, and renewal processes. Ensure that all documentation complies with company policies and industry regulations.
Collaboration: Work closely with sales, marketing, and customer support teams to gather information, address customer concerns, and streamline the renewal process.
Forecasting & Reporting: Provide accurate forecasting, generate reports on renewal metrics, including renewal rates, and customer satisfaction scores. Present findings to management to inform decision making and strategy development.
Customer Education: Educate clients on the value of continuing their relationship with the company, highlighting any new features, benefits, or improvements that have been made since their initial contract.