Event Value (Service)

Event Value (Service) – the future liability (cost) of a service if no action is taken.  For example, if a service cost $500 per month and automatically renews for 12-months, the next event value is $6,000.  M3 calcuales Event Value in real-time using the services current cost and its End of Service Term (EOST) action.

If M3 is unable to calculate Event Value, it will classify the data integrity of a service as “Incomplete.”