Reporting on Contract Cost History?

[SebastianBarnes]

Hi everyone, apologies if this question is better suited for another forum.

Does anyone have experience with reporting on Software Contract history? We've found that creating a new contract record for each period allows us to see how the contract has evolved over time (cost, ownership changes, etc.)

Is there a way to still report on this if you're utilizing the renew feature? Renewing just updates the existing contract record, and it doesn't look like all of its prior details are captured in the contract history table. If I wanted to see how much I spent on contracts from 2020-2021, could I easily accomplish that, considering that all the records from that time have been renewed/updated to 2023-2024?

Thank you,

Sebastian

[SebastianBarnes]

Just replying to boost this to the top - still searching for an answer if anyone has experience with this. Thank you!

[Cory H]

Commenting on this as well to see if anybody has any ideas? My organization is looking into the best ways to report on contract history as well.