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.