#COE#RS01 Novation in S/4HANA Cloud Value Contracts

Hi - does S/4HANA Cloud support any process for Contract Novation?

Aware that SRM has Novation functionality, but within the core S4HC Sourcing and Procurement area, is there a standard process for novation of contract and related POs?

Current workaround process is to cancel existing contract and create new contract for remaining balance, but in trying to report/monitor spend/activity this proves problematic since there is no direct visibility to bring together POs that relate to original and post-novation Contract.