Do you know which software your company is currently using? From which provider? Are you sure you are not paying more for your licenses than necessary? Or are your licenses actually not sufficient for what your company is using?
Software Asset Management gives you a clear and permanent overview of your company's software resources, thus controlling costs, risks, and, above all, licenses.
Software asset management is one of several features included in our IGA for SAP solution.
Software Asset Management looks at the entire lifecycle of a company's software resources: It includes the decision-making processes associated with the acquisition, use, or elimination of these resources and licenses, as well as costs, budgeting, documentation, deployment processes, and much more. The software used here concerns both locally deployed applications and software as a service (SaaS) in the cloud.
An important part of Software Asset Management is software license management, which is particularly concerned with selecting, distributing, and auditing software licenses.
There are several ISO standards for managing IT assets (including software assets), which are described in the ISO/IEC 19770 family of standards.
Software assets tie up enormous assets in many companies today and are essential to the business's workings. However, technologies such as cloud computing and software as a service have brought new, often dynamic licensing models and challenges.
For this reason, any software used by your organization is sometimes associated with significant risks—both economic and legal. To contain these, it is essential to have a constantly updated overview of the software used in the company as well as the associated licenses, processes, and expenses.
Overview:
Always have an overview of which software is used by which software providers in your company, for which purposes, and by whom.
Clear processes:
A well-organized SAM ensures defined processes for introducing or phasing out software and transparent documentation.
Risk Management:
Software use carries the risk of technical security vulnerabilities, and software discontinuation (due to license expiration, provider insolvency, etc.) can cause major problems that need to be analyzed and, if necessary, appropriate precautions are taken.
License Management:
Ensure that you do not pay for too many or too large licenses or incur penalties through under-licensing and possible contract violations (software license compliance).
Compliance:
Software Asset Management is essential for documenting processes and procedures and making them suitable for internal and external audits.
Our IGA for SAP provides you with all the central features, tools, and core processes you need for software asset management and beyond. This allows you to gain an overview, establish controlled processes, monitor your budget, and reliably establish compliance.
With dynamically updated reports, you always have the latest overview of your assets, licensing and usage - and can directly analyze and prepare the available data for audits.
By effectively managing licenses and license pools, you avoid multiple purchases. Through role-based license management, all employees have exactly the licenses they need—and no more. This saves money and nerves.
Whether software products, hardware, licenses, or other assets, you can centrally manage all information about your inventory and infrastructure with detailed background data, keeping you in the picture for the entire lifecycle of the asset.
For audits and reviews, Asset Management ensures that all changes, steps, and actions are documented so that security problems and potential compliance conflicts can be identified or even avoided at an early stage.
