Which fields are monitored in contract history?

Monitoring contract history is essential for effective Software Asset Management, as it helps organizations understand their agreements and ensure compliance. The correct answer focuses on the contract start date and the terms and conditions associated with the software licenses.

The contract start date is crucial because it helps to track the period during which the organization is entitled to use the software, while the terms and conditions outline the rights and responsibilities related to that usage. These elements are foundational for managing licenses effectively, as they determine when the license is active and what specific obligations or limitations apply.

By closely observing the contract start date and terms and conditions, organizations can better manage renewal timelines, audit processes, and compliance with legal requirements, ensuring that they do not accidentally infringe on licensing agreements.

Other fields, while important in their respective areas, do not encapsulate the fundamental aspects of contract longevity and stipulations as directly as the correct option does. They relate to various factors such as usage metrics or financial implications, which are secondary to the core contractual elements that dictate license usage parameters.