What are two key reasons for sourcing in corporate rental contracts?

Sourcing in corporate rental contracts plays a crucial role, particularly in tracking volume commitments. This is essential for businesses that rely on a steady usage of rental services, as it allows them to monitor and enforce agreements made with rental providers. When companies can track volume commitments effectively, they gain insights into usage patterns, which can influence pricing, negotiations, and overall contract management. This data-driven approach helps businesses optimize their rental strategies, leading to potential cost savings and improved resource allocation.

While accurate billing, simplifying contract terms, and enhancing customer service are important considerations in the overall management of contracts, they do not directly address the strategic aim of sourcing in the context of corporate rentals. Tracking volume commitments focuses specifically on managing and leveraging the relationship and the terms agreed upon with the rental provider, making it a key reason for sourcing in these types of contracts.