Voted Best Answer
Jun 29, 2018 - 03:31 AM
When I started out and didn't have any processes in place I simply made a note of when I'd processed a renewal and set a reminder in my personal calendar for 9 months time. I also asked my resellers (we bought all software through 3 resellers) to provide a renewal notification at three months out. They should be happy to do this for you because they don't want any surprises on renewal income.
As to end of life dates some tool vendors are starting to put this information in their products. If you have a Security team check with them because they may have tools that are tracking this information already.
I found that managing renewals was a significant overhead, particularly for big contracts but there is big value in doing them. Getting a schedule built for 1 year to 3 years hence is valuable, and helps you be more strategic in conversations with senior managers.