CRM glossary

What is a Commitment?

A promise made by you or to you in a business relationship, with an owner and due date.

Updated October 2026·2 min read·By the MagicWand team
Definition

Commitment: A promise made by you or to you in a business relationship, with an owner and due date.

Example

“I'll send pricing by Thursday” said on a call is a commitment owed by you, due Thursday.

Why it matters

Kept promises build trust; forgotten ones lose deals.

Commitment in MagicWand

The Commitments Ledger tracks every promise to kept or broken.