TCV (total contract value) is the total value of the contract. This includes all contract no matter their duration, so if you have signed a contract for 1 month and one for 1 year the TCV will be the sum of all contract value. Make sure TCV also includes the value from one-time charges, professional service fees, and recurring charges.
Salesforce is a customer relationship management solution that brings companies and customers together. It provides customer relationship management service and also provides enterprise applications focused on customer service, marketing automation, analytics, and application development. You can also personalize every experience along the customer journey with the Customer 360.
It can be difficult to calculate TCV (total contract value) directly inside of Salesforce; that's where Whaly comes in.
Whaly helps you build models on top of Salesforce and many other solutions. You simply connect Whaly to your Salesforce account, and then you can create your formula in Whaly to calculate your TCV (total contract value).
