How are annual renewals handled?

The SaaS (Software as a Service) subscription is automatically renewed by Microsoft at the end of the subscription term of a month or a year. The default for the auto-renewal setting is true for all SaaS subscriptions. Active SaaS subscriptions will continue to be renewed with a regular cadence. Microsoft provides inform-only webhook notifications for renew events. A customer can turn off automatic renewal for a SaaS subscription via the Microsoft 365 Admin Portal. In this case, the SaaS subscription will be automatically cancelled at the end of the current billing term. Customers can also cancel the SaaS subscription at any time. 