There is no doubt that each and every organization however big or small it might be has to find out ways and means by which it can be possible for them to manage their inventory of software asset. This is in fact one of the major mandates of any IT departments and companies who are able to do the same effectively will be able to save thousands of dollars each year. However, even today, the method of managing of software assets is not very scientific, error free and efficient. Hence quite often they do not do an efficient job when it comes to managing the risks associated with software asset management. So at the end of the day they end up buying unnecessary and even redundant software solutions. Many also pay excess application license fees. This could push up the IT budget significantly without giving the necessary results.

Hence there is a dire to avoid unnecessary spending on software assets. At the same time, it should not be underutilized and should also not run the risk of being on the wrong side of the law by going in for unlicensed software assets. The best way to overcome such situations would be to take the help and assistance of a suitable, time tested, proven and reliable software assets management tool. Identifying such a tool would be useful in more ways than one. Let us try and have a look at the same over the next few lines.

It certainly will help automate the entire process of software asset management removing human intervention to the minimum or even completely doing away with human intervention. This will go a long way in making the software asset tracking process easy and reliable. It is all the more true for those who have software assets spread across various departments, branches and locations across the state, region or even across continents.

It also could be a helpful tool for getting into the right platform as far as vendor audits are concerned. This will prevent the practice of having unsanctioned use of software and this can be done by going in for surprise audits. Additionally it also would be a good idea to come out with systems and practices by which it is possible to align software purchases and also do the same for entering into contracts and all getting into support services.

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