Enterprise Software Licensing

How to Outsmart License Audits

License audits can come unexpectedly, turning into financial nightmares if not properly prepared. Vendors conduct audits to ensure compliance, but these often reveal non-compliance due to unforeseen usage or minor errors. The costs of remediation can be steep, often involving retroactive fees and penalties.

To outsmart the audits, companies are now employing strategic license management tools. These digital allies track software usage meticulously, ensuring that not a single byte goes unaccounted for. While they require initial investment, the long-term savings and peace of mind are invaluable.

Another savvy strategy is to conduct internal audits regularly. By doing so, companies can preempt external audits, allowing time to rectify discrepancies without the pressure or financial implications of an official audit. But even this isn’t foolproof…

A recent survey revealed that despite best efforts, many companies still fall into the audit trap due to unintentional breaches of agreement nuances. But the truly shocking revelation is what firms are now doing to finally gain the upper hand…