A software license audit or a software licensing compliance is an very important sub-set of software asset management and is a component of corporate risk management and thus the companies needs to keep a track of Software compliance licenses so that they can avoid heavy penalties that may result due to non-compliance issues and you’ll be surprised to know that one-third of total IT budget gets exhausted with Software compliance licenses issues.
However every organization intends to reduce the cost for IT dept. and thus there are many online Software compliance licenses tools that are available in market to choose from and they helps to reduce the cost of IT dept. and the provider companies are laying much stress on Software compliance licenses issues as the revenue for a new software license is down and thus the software vendors are focusing more on software audits to recover some of their lost income as the penalty is associated for non-compliance and thus Software compliance licenses are one of the most important part for IT dept. and if you’re looking to get complaint then you first need to get your software licenses audited so that you’re aware of the technicalities and parameters that needs to be compliance with as you never know when the vendor company will knock your doors for a SAM audit (Software asset management), different companies have different type of audits done to check the software compliance however Microsoft performs the audits in two forms namely SAM (Software asset management) and LLC (Legal Contracts and Compliance) and if you receive an audit email from Microsoft then you need to understand that it’s the Microsoft’s way of saying let’s take a look to make sure you’re in compliance, while checking Software compliance licenses you first need to understand that software installed on your computers are classified as an intangible assets as they do not have any physical nature, however there are certain accounting rules that states that there are certain exceptions that permit the classification of computer software as PPE (Property Plant and equipment) and thus they needs to checked on regular basis and needs to be maintained like other assets in the organization. However you need to discuss your Software compliance licenses with some experts to get the best advice as every company have different Software compliance licenses needs and thus the Software compliance licenses should be taken care specifically to the company.
Article Source:-http://articleneed.com/know-the-compatibility-of-the-product-with-your-software-base/
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Author : Binadox |
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