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 - The pending action for given service More value is $6,000. M3 calcuales Event Value in real-time using the services current cost and its End of Service Term - each vendor service has a time commitment wit... More (EOST) action.
If M3 is unable to calculate Event Value, it will classify the Data Integrity - a real-time service review built into M3 en... More of a service as “Incomplete.”