# What best practices should sales teams follow when managing negotiated rates in Thynk.cloud?

> Document every negotiated agreement, communicate rates clearly across departments and review them periodically to keep pricing competitive and transparent.

Source: https://faq.thynk.cloud/platform/what-best-practices-should-sales-teams-follow-when-managing-negotiated-rates-in-thynkcloud
Updated: 2026-10-09
Publisher: Thynk
Category: Platform

Thynk is a Salesforce-native hospitality commercial platform for hotel and venue sales, catering, events and MICE.

## Full answer

Sales teams should maintain detailed documentation of all negotiated agreements, communicate rates clearly across departments, and review them periodically to keep pricing competitive. These practices help ensure transparency and maximise the benefits of negotiated rates.

## Related

- [More Platform answers](https://faq.thynk.cloud/platform)
- [About Thynk](https://faq.thynk.cloud/about)
- [All answers](https://faq.thynk.cloud/llms-full.txt)