Software license management gives organizations a clear, consolidated view of their licenses and deployments across solutions and vendors. This information can be incredibly valuable in the face of a software audit, giving organizations the data they need to manage risk and remain compliant as software is consumed across their organization.
Being aware of how each purchased license is installed within your organization provides insight into surplus licenses that are availabel and not been active in a long time. This information should be taken into account when renewing your contract, however it can also be used to create a license pool.
If your organization is unaware of how much a license is actually used after installation, it might continue to pay for underutilized software. The information gained through your software license management initiative can save your business money by renegotiating license contracts to only pay for what is needed.
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