Keeping an up-to-date record of software licenses, their value, allocation, and expiry is not only necessary for effective cost management, it’s also needed to ensure compliance in the event of a vendor software license audit. InvGate Software Licensing provides all the capabilities required to efficiently, plan, purchase, track, manage, and optimize the use of your software licenses.
To make the management and optimization of software licenses easier, InvGate IT License Management includes the common licensing models such as per installation, CPU-based, OEM, Open Select, etc. Allowing IT departments to better match software usage to purchased licenses, avoiding the typical over- or under-spend on software licensing scenarios, and the risks and costs associated with each.
For true optimization of your software resources, InvGate Assets also allows you to: allocate licenses to certain groups of workstations or cost centers; charge cost centers for the software they use, or at least make them aware of the costs they incur, to drive the right behaviors and potentially reduce the overall cost of software; define downgrades for different software license agreements.
With InvGate you can also relate multiple agreements that affect a specific software application directly or through downgrades; analyze the costs involved in license renewals; and keep a maintenance contract record, according to the different types of license agreements (perpetual license option, term basis license option, etc.)
Optimizing software use across your organization with InvGate’s Software Metering tool. With it you can access comprehensive reporting capabilities, as well as statistics on software utilization, to reduce waste and deploy software asset resources where they are most needed.
Once you know how software is actually used you can then make informed decisions as to the worth of individual software titles and if the current installations are in the best interest of the business. If software installs are being underutilized then the software can be uninstalled and the license reclaimed for use in another, higher value, situation.
Software costs can make up a large part of the corporate IT spend, but you can keep on top of cost management, as well as license compliance by utilizing InvGate’s Software License Management capabilities.
Dynamic “best-fit” reconciliation of licenses against installed software, to determine whether there is over- or under-licensing.
Identify unused or underutilized software installs, where the licenses can be reclaimed and reassigned rather than the need to buy new ones.
Spot unused or underutilized concurrent licenses, to ensure that your organization only pays for the software and support it really needs.
Identify software titles where the business benefit is perceived to be less than the incurred costs. In such cases, the software can be phased out in favor of cheaper or perhaps even free alternatives.
Explore some of the other features available in InvGate Assets.
Track and manage assets
Monitor and control changes
Optimize license usage
Gain control over budgets
Make secure connections
Make informed decisions
Optimize software usage
Reduce asset waste