# Contract renewal price optimization: optimization template > The renewal position per agreement that closes the realization gap at the lowest churn risk. A Revomo template for all industries. Source: https://revomo.ai/marketplace/templates/renewal-optimization/ --- [Marketplace](https://revomo.ai/marketplace/)[Explore](https://revomo.ai/marketplace/)[Templates](https://revomo.ai/marketplace/templates/)[Metrics](https://revomo.ai/marketplace/metrics/) Marketplace - [Explore](https://revomo.ai/marketplace/) - [Templates](https://revomo.ai/marketplace/templates/) - [Metrics](https://revomo.ai/marketplace/metrics/) Business need - [Margin Leakage](https://revomo.ai/marketplace/collections/margin-leakage/) - [Cost Recovery](https://revomo.ai/marketplace/collections/cost-recovery/) - [Price Increase](https://revomo.ai/marketplace/collections/annual-price-increase/) - [Quote & Deal Performance](https://revomo.ai/marketplace/collections/quote-deal-performance/) - [Contract Renewal](https://revomo.ai/marketplace/collections/contract-renewal/) - [Rebates & Incentives](https://revomo.ai/marketplace/collections/rebates-incentives/) - [Market Response](https://revomo.ai/marketplace/collections/market-response/) Industry - [Industrial distribution](https://revomo.ai/marketplace/templates/?industry=distribution) - [Machinery & industrial products](https://revomo.ai/marketplace/templates/?industry=machinery) - [Building products](https://revomo.ai/marketplace/templates/?industry=building) - [Chemicals & materials](https://revomo.ai/marketplace/templates/?industry=chemicals) Search Marketplace - [Marketplace](https://revomo.ai/marketplace/) - [Templates](https://revomo.ai/marketplace/templates/) - [Optimization](https://revomo.ai/marketplace/templates/?category=optimization) - Template ## Contract renewal price optimization The renewal position per agreement that closes the realization gap at the lowest churn risk. [See the Contract renewal price optimization in Revomo →](https://revomo.ai/contact/?source=marketplace&type=template&artifact=renewal-optimization&name=Contract+renewal+price+optimization&collection=contract-renewal) ### The business question What renewal position closes the realization gap at the lowest churn risk? ### What it does Optimizes the renewal position per agreement using the churn-risk model and lists renewals with their expected outcome. ### What’s inside Composed from the platform’s own objects, so it is a configuration you can open, not a document. - Optimizer: renewal position - Model: churn risk - View: renewals with expected outcome ### Uses these metrics The measures that call for this template when they move, each with its own page. - [Price realization index](https://revomo.ai/marketplace/metrics/price-realization/)*Metric* Act when: Below 95 on any national account, or a two-point drop in a quarter - [Contract renewal uplift](https://revomo.ai/marketplace/metrics/renewal-uplift/)*Metric* Act when: Below plan on any agreement above x in value ### Commercial context required What Revomo reads to run it. Everything else in the template is derived from these records. - The governed commercial context: customers, products, transactions, prices, costs and agreements ### Relevant industries All industries Type Template Category [Optimization](https://revomo.ai/marketplace/templates/?category=optimization) Industries All industries Business need [Contract Renewal](https://revomo.ai/marketplace/collections/contract-renewal/) Composed of 3 platform objects [See this in Revomo →](https://revomo.ai/contact/?source=marketplace&type=template&artifact=renewal-optimization&name=Contract+renewal+price+optimization&collection=contract-renewal) On representative data, or a slice of your own. ### Related templates - Planning & Scenarios #### [Contract renewal plan](https://revomo.ai/marketplace/templates/renewal-plan/) Agreements expiring in the next four quarters, their escalators, their realization, and the position to take on each. All industries · Uses 3 metrics - Commercial Data & Context #### [Agreement register](https://revomo.ai/marketplace/templates/agreement-register/) Contracts, SPAs, rebate programs and price protections in one register, with terms, tiers and effective dates that every price resolves against. All industries · Uses 2 metrics - Pricing Methods #### [Customer-specific pricing](https://revomo.ai/marketplace/templates/customer-specific/) Contract price lists with overrides by account, effective dates and the inheritance chain from list to market to customer. All industries · Uses 2 metrics ### See this template in Revomo. We will show the Contract renewal price optimization running on representative data, or on a slice of your own, and what it would take to run it on yours. [See this on your commercial data →](https://revomo.ai/contact/?source=marketplace&type=template&artifact=renewal-optimization&name=Contract+renewal+price+optimization&collection=contract-renewal)[All templates](https://revomo.ai/marketplace/templates/)