Total Contract Value (TCV)

Total Contract Value (TCV) refers to the total worth or value of a contract over its entire duration. It represents the sum of all monetary components associated with the contract, including recurring charges, one-time fees, additional services, and any other costs or revenues generated throughout the contract period. TCV provides a comprehensive view of the financial impact and scope of a contract, helping organizations assess the overall value and profitability of their contractual agreements. It serves as a key metric for evaluating sales performance, forecasting revenue, and managing contract portfolios.