Software license management
Are you in control of your current software licenses and aware of what is included in your agreements? Are you compliant when it comes to the software licenses for the programs you have in use? Is there a smart way to reduce software costs? When it comes to your software asset management program, are you as effective and efficient as you could be? These are all questions that should be handled by every company’s IT department. It is crucial to be in control of your licenses as a company and avoid the consequences (and fines) of not being in compliance with software license regulations.
What is software license management?
Software License Management (SLM) is a part of Software Asset Management (SAM) and helps you ensure that your organization is in full compliance with the legal agreements that came together with your software. In short, the intention of SLM is to help you control and preserve all of your company’s different software licenses. To make sure you are in compliance it is essential to have the right tools and processes to oversee and document where and how the software products are running. SLM is all about the process of cutting down, documenting and managing total IT costs. Software vendors also commonly make use of license management tools to control and guarantee compliance with the software licenses. These tools will guide in avoiding the software from being duplicated, shared with others or pirated by non-licensed users.
Why is software license management so important?
A good software asset management program is imminent. It is strongly related to the success of any IT organization. A complete and strong license management program will help you avoid overspending and guarantee that you remain in compliance with software regulation. Advantages include: no more unnecessary spending, more insight into potential non-compliance risks and threats and making sure you stay away from fines. Many large software vendors are performing audits more often than before, increasing the chance of identifying companies that are not in compliance.
Best practices and tips
To make sure you are in compliance with the license agreement there are certain best practices:
• Be sure you fully comprehend what is stated in the license agreement and which regulations your company is supposed to adhere to
• If you expect to grow as a company, take this potential growth into consideration
• Instead of waiting for the audit, you can do an internal audit yourself to find out where you stand and make sure you eliminate potential threats
• Continually keep track of costs and expenses – stop wasting money on new licenses because you don’t know what’s really going on and you’re not having a clear overview
• Keep in mind that software license management can be a timely task – so make it a business priority
• Keep your license and software inventories up to date
How we can help you stay in control
SLM is a process that can be very complex and time-consuming, especially when you don’t know where to start or what to look for. It therefore makes sense to work with a firm, like B-lay, that has the right expertise to help and guide you in your license management process. We close the gap between software vendors and end users. We believe that software asset management is a process in need of consistency, structure and reliable records. Our services offer insight into risks associated with software licenses. We help in preventing any license compliance issues and we help create major costs savings by optimizing your licensing position. Contact us and let’s start maximizing your software investment together.