Expiring contracts that flag themselves

By Team Doory · 2 min read

Desk seen from above with documents, glasses, coffee and a desk calendar block

A contract that expires without anyone noticing costs you an empty unit or a renewal at the old price. Doory flags expiring contracts and turns them into a decision request, with a four-eyes principle for sensitive decisions.

The calendar reminder nobody follows up

The usual approach is an "end date" column in Excel and a calendar reminder three months before the notice period. That works until someone is on holiday, until the column isn't updated after an amendment, or until the notice period differs per contract and nobody knows exactly which date applies.

The result is familiar: contracts that quietly run on at a rent that is no longer in line with the market, or tenants who give notice at a moment when you don't have a successor yet.

How Doory flags it

Doory doesn't look at the end date alone, but at the clauses in the contract: notice period, break options and indexation date. That combination gives the date on which you need to decide something. That date appears on your dashboard next to the upcoming renewals, so you see it in the middle of your daily work and not in a separate file.

A signal doesn't stay a notification, it becomes a decision request. Renew on these terms, renew on new terms, or let it end. Who picks up the request and what was decided is recorded in the contract's timeline.

Four eyes on sensitive decisions

For decisions with financial consequences, you can make a second approval mandatory. A renewal with a 15% discount then doesn't go through with one click from one employee. You decide what counts as sensitive and who can approve, using the roles and permissions from the foundation.

That isn't distrust, it's evidence. When the owner or the accountant asks, you can point to who approved what and when.

What it gives you

No surprises in your occupancy. At the start of a quarter you know which contracts need a decision that quarter, and which units may become available. That is exactly the information you need before you start letting space again.

Where the product stops

Doory doesn't make the decision. The system doesn't propose a rent and doesn't advise on renewing. It makes sure the question comes up on time, with the right person, with the clauses at hand.

Expiring contracts that flag themselves | Doory