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Of IT hardware fixed assets, 30% are missing and can’t be found, and 53% of all data loss and systems downtime is caused by hardware failure.\r\nKnowing what assets you have and where they reside, tracking contracts and regulatory compliance, and gaining visibility into cost of ownership are just the tip of your management iceberg.<br />\r\nWith Ivanti® Asset Manager, you gain all the management support you need. Get a comprehensive view of your managed assets across your entire environment at any lifecycle status. This enterprise-grade hardware asset management solution keeps tabs on your contracts while tracking lease, warranty, and financial information to ensure your IT assets are optimized and secured.<br />\r\n<span style=\"font-weight: bold;\">Manage Your IT Assets from Purchase to Disposal for Complete Asset Optimization</span><br />\r\nDue to the complexity of discovering, tracking, and managing hardware, many organizations today still aren’t tracking their IT assets effectively. In fact, 56% of enterprises verify the location of their fixed assets only once a year, while 10% to 15% haven’t verified their assets in more than five years.3 It’s crucial that you monitor your hardware assets from procurement to disposal to know where they are and how they’re performing so you can make the most of your IT investments.<br />\r\nWhen you better understand the changes that occur throughout the lifecycle, you can make informed purchasing decisions, replace hardware at the right time, and empower management with accurate, thorough information about total cost of ownership. Ivanti Asset Manager monitors and reports what hardware needs to be purchased, updated, and maintained so that IT management can plan ahead, avoid hasty purchasing decisions, and optimize asset use operationally and fiscally.<br />\r\n<span style=\"font-weight: bold;\">Track Asset Availability and Performance</span><br />\r\nManhours spent grappling with multiple systems and inaccurate spreadsheet data to search for and track assets— or produce a single report—is time you can’t afford. Asset Manager simplifies the process with an Asset Repository.<br />\r\nThis enables consistent management—from procurement to purchase order, receipt, deployment, and disposal. It allows the assignment of asset information, including identifying data, lifecycle status, stock, location, and warranty information.<br />\r\nWhile it’s easy to assign data, the task of tracking assets and their performance becomes difficult as the organization evolves, or users change jobs. To maintain repository accuracy, Asset Manager includes powerful data-importing capabilities that allow imported data from several discovery sources, including Ivanti Endpoint Manager, Ivanti Data Center Discovery, and barcode scans. Compare actual against discovered data and report on exceptions. With these insights you can validate assumptions about assignments and update the asset information so that your data is always accurate and relevant.<br />\r\n<span style=\"font-weight: bold;\">Retrieve Data with Barcode Scanning</span><br />\r\nSpeed up data retrieval with Ivanti’s barcode scanning capability. Download the app onto your Android scanning device. Scan assets to look up or modify information or scan multiple assets to update information in Asset Manager as part of your asset-tracking discipline.<br />\r\n<span style=\"font-weight: bold;\">Gain Cost and Contract Visibility</span><br />\r\nProviding accurate, timely financial and contractual information helps you optimize your asset purchases in the way the business needs. With Ivanti, it’s simple to store and view procurement data. Open and maintain purchase orders easily and access individual transactions associated with each asset. Roll up to the total cost of ownership to better manage budgets and forecast needs. Now you can assign financial ownership to report on IT spend by department to defend budget spend and achieve accountability.<br />\r\nTake the guesswork out of asset refresh requirements by calculating and tracking asset age and value. View and manage the complete list of contracts in your environment tied to individual assets. Ensure you’re in contract compliance.<br />\r\nAnticipate contract-renewal dates with configurable notification time periods; be ready to negotiate new contracts on your terms.<br />\r\n<span style=\"font-weight: bold;\">Deliver Enhanced User Experiences with a Product Catalog</span><br />\r\nMaintain a product catalog of authorized items. See assets purchased or assigned, current stock levels, or active orders. Use the catalog to increase speed to provision while reducing service desk calls. Eliminate frustrations that lead to shadow IT and subsequent asset management complexity. This at-aglance information ensures you can organize asset availability proactively to meet business and user requests.<br />\r\n<span style=\"font-weight: bold;\">Drive Vendor Management</span><br />\r\nManaging the vendors that provide your assets is an ongoing process that should include performance monitoring and feedback. Asset Manager stores vendor information to ensure you are managing strategic vendors effectively.<br />You can also keep tabs on vendor interactions by logging comments about their service and the assets they provide.<br />\r\nView these comments in aggregated Vendor Scorecards on your dashboards. Determine whether you’re getting the most out of your investments or if it’s time to terminate relationships.<br />\r\n<span style=\"font-weight: bold;\">Highly Configurable to Meet Your Needs</span><br />\r\nIvanti Asset Manager provides you out-of-the-box reports and dashboards configured to meet the specific needs of your asset management team roles. Rest assured that many years of Ivanti asset management experience and the best practices of industry organizations such as IAITAM are at the heart of the Asset Manager solution. It also features full customdesign options, including full Development, Test, and Live instance configuration. Asset Manager is available in a turnkey Essentials version, prebuilt for fast time to value, or as an Enterprise-grade fully configurable solution both in the cloud and on-premises.<br />\r\n<span style=\"font-weight: bold;\">Integrate with Service Management for improved Service Delivery</span><br />\r\nIvanti Asset Manager is built on the proven Ivanti Service Manager platform, leveraging a mature user interface and offering a strong foundation for growth. Asset Manager integrates with Ivanti Service Manager for easy request management. Users benefit from a rich self-service experience as they navigate easily through an approved service catalog, alleviating pressure on IT staff. In addition, Asset Manager enhances change management processes and policies by providing status updates to IT assets to help maximize productivity. The solution delivers a single asset repository that integrates with your service management CMDB, ensuring accurate, up-to-date information.","shortDescription":"IVANTI ASSET MANAGER: STOP WASTING MONEY AND START OPTIMIZING. GET THE COMPLETE PICTURE OF YOUR IT ASSETS FROM PURCHASE TO DISPOSAL.","type":null,"isRoiCalculatorAvaliable":false,"isConfiguratorAvaliable":false,"bonus":100,"usingCount":0,"sellingCount":0,"discontinued":0,"rebateForPoc":0,"rebate":0,"seo":{"title":"Ivanti Asset Manager","keywords":"","description":"Keeping tabs on hardware is challenging for asset managers: IT assets are assigned, reassigned, and moved from one location to another depending on business dynamics. Of IT hardware fixed assets, 30% are missing and can’t be found, and 53% of all data loss and","og:title":"Ivanti Asset Manager","og:description":"Keeping tabs on hardware is challenging for asset managers: IT assets are assigned, reassigned, and moved from one location to another depending on business dynamics. Of IT hardware fixed assets, 30% are missing and can’t be found, and 53% of all data loss and","og:image":"https://old.roi4cio.com/fileadmin/user_upload/ivanti-logo-01.png"},"eventUrl":"","translationId":6182,"dealDetails":null,"roi":null,"price":null,"bonusForReference":null,"templateData":[],"testingArea":"","categories":[{"id":379,"title":"SAM - Software Asset Management","alias":"sam-software-asset-management","description":"<span style=\"font-weight: bold; \">Software asset management (SAM)</span> tools automate many of the tasks required to maintain compliance with software licenses, thereby controlling software spending. They facilitate the in-depth analysis of software assets by decoding software license entitlements, automating the collection of software consumption data, establishing independent software vendor (ISV) effective license position (ELP), and optimizing software value delivery and information sharing. SAM software manage entitlements from enterprise license agreements, purchases and other records to automatically determine and optimize license position against discovered software. Infrastructure and operations (I&amp;O) leaders use SAM tools for managing software entitlement, in lieu of using spreadsheets, due to the rising complexity of software-licensing schemes.\r\nFor many organizations, the goal of implementing an asset software program is very tactical in nature, focused specifically on balancing the number of software licenses purchased with the number of actual licenses consumed or used. In addition to software license management, an effective SAM program must also ensure that the usage of all installed software is in keeping with the terms and conditions of the specific vendor license agreement. In doing so, organizations can minimize liabilities associated with software piracy in the event of an audit by a software vendor or a third party such as the Business Software Alliance (BSA). \r\nThe key business benefits of SAM software be summarized as follows::\r\n<span style=\"font-weight: bold; \">Licenses.</span> Licenses are assets that need to be managed. Each license contains specific conditions for how the software product can be installed and used. As a user, your job is to make sure your company is compliant with the terms and conditions of the license agreement.\r\n<span style=\"font-weight: bold; \">Compliance </span>is the bedrock of asset management tools. Software vendors don’t want you to use more software than you licensed. Even though SAM is much bigger than compliance, compliance is where license management becomes an essential part of your business strategy. And it’s the first goal for most companies when starting SAM.\r\n<span style=\"font-weight: bold; \">Audits. </span>To check whether you are compliant, vendors will perform software asset management audit to see how their product is being used, how it’s configured, and whether your licenses cover all of it. There are two possible outcomes of an audit: either you’re compliant, or you’re not. Non-compliance can result in unexpected fees, which, if you’re not careful, can cost you big. An audit also disrupts your business and can take months to complete without license management technology to support the process.\r\n<span style=\"font-weight: bold; \">Optimization.</span> Often businesses are over-compliant simply because they have more licenses than they need. They prefer to over-pay upfront to outsmart the audit risk. So, while they aren’t losing a ton of money at once for failing an audit, they are losing it slowly. It may not hurt at first, but over time being over-licensed costs more than failing an audit. When you fail an audit, you buy just enough licenses to close the gap, and often vendors demand you pay back-maintenance for the licenses too. It’s expensive, but the problem is a one-time cost — that can also be reduced or completely eliminated with software license management solutions.","materialsDescription":"<h1 class=\"align-center\">5 Reasons to do Software Asset Management</h1>\r\n<span style=\"font-weight: bold; \">Cost savings.</span> With a full overview of your environment and your software needs, you know exactly what you’re using and exactly what you need. So you purchase the right licenses from the start, saving you money on maintenance fees, and helping to ensure compliance. In fact, you can reduce your licensing costs up to 30%.\r\nTime savings. Organizing your licenses and setting up software asset management process will save you time:\r\n<ul><li>Have a central database of your licensing terms and conditions, making it easier and quicker to get the information you need to make better software purchasing and IT budgeting decisions</li><li>Be able to respond to audit letters within days instead of weeks</li><li>Transparency means you can respond quicker to problems, sometimes even before they arise</li></ul>\r\n<span style=\"font-weight: bold; \">Automation.</span>Nothing says effortless like automation. Automating your processes frees you up to concentrate on other things. With alerts and regular reports, you don’t need to spend time watching out for problems and looking for areas to save. Just to name a few examples an asset management program tool can automate:\r\n<ul><li>&nbsp;&nbsp;&nbsp; Alerting you to over usage and non-compliance</li><li>&nbsp;&nbsp;&nbsp; Informing you about high-risk configurations</li><li>&nbsp;&nbsp;&nbsp; Suggesting optimization options</li><li>&nbsp;&nbsp;&nbsp; Filling software requests with existing licenses</li><li>&nbsp;&nbsp;&nbsp; Simulating your data center architecture and the resulting licensing costs</li></ul>\r\n<span style=\"color: rgb(97, 97, 97); \"><span style=\"font-weight: bold; \">Software License Optimization.</span> When you know what you have and use, you can go beyond compliance. You can compare your licenses. See what license schemes are possible and make the most sense in your environment—while easily keeping an eye on cost.</span>\r\n<span style=\"font-weight: bold; \">Strategy.</span> Enterprise asset management system gives you transparency into your current and past software needs. This in turn gives you valuable insights into your software future. It can help you plan in advance on multiple levels from data center architectures to budgets and service-charging. There are strategic benefits for every department in the company.\r\n<h1 class=\"align-center\">Choosing the Best Software Asset Management Software</h1>\r\n<span style=\"font-weight: bold; \">Software Discovery. </span>Enterprise asset management software enables IT organizations to keep track of their hardware and software inventory and monitor license compliance. In the past, this was largely a manual process where IT operators would maintain spreadsheets with information about IT assets. Each time a configuration item changed, a manual update would have to be performed which made it difficult to determine if your SAM database was truly accurate.\r\n<span style=\"font-weight: bold; \">Software and Hardware Inventory and Cataloging.</span> Software and hardware inventory cataloging is one of the main drivers of software asset management. Without sufficient oversight of inventory within the IT organization, waste is inevitable as IT managers order excess licenses, servers, and workstations without any knowledge of viable alternatives that may already be at their disposal. \r\nSoftware inventory is another key feature for SAM tools. IT organizations should look for a tool that tracks instances of software installations on the network and that can be used to determine exactly how many used or unused licenses the organization has for each application.\r\n<span style=\"font-weight: bold; \">License Compliance Monitoring.</span>Today's the leading software on asset management market include features that can help you proactively monitor your inventory of software licenses and detect non-compliance issues before they can ever be discovered in a software vendor audit. IT organizations can receive automated updates and notifications when a change in the system affects license compliance and take steps to correct the non-compliance.\r\n<span style=\"font-weight: bold; \">Asset Depreciation. </span>Software purchased for use is considered a fixed asset by general accounting principles, meaning that corporate organizations can depreciate purchased software on their taxes to obtain an income reduction and reduce their tax liability. Your software asset management system should track the total cost of any software your organization purchases and depreciate the software over time according to your accounting rules. \r\n<span style=\"font-weight: bold; \">Geo-location.</span> Software asset management tools provide IT organizations with unprecedented oversight into their hardware and software inventory and configuration items. The ability to detect hardware and software on the network, collect attribution data for those configuration items and organize that information into a searchable database that drives better asset management is already revolutionary for most IT organizations.\r\n<span style=\"font-weight: bold; \">Audit Scheduling.</span> If your IT organization purchases software licenses from a major software vendor, you should anticipate that you will receive at least one software audit request every three years. As your number of vendor partners grow, you may even receive audit requests annually. If you purchased the right software asset management application, you should be conducting your own software compliance audits on a monthly basis to truly verify your compliance with software license agreements.\r\n<span style=\"font-weight: bold;\">User-Friendly, Automated Reporting.</span> SAM tools with automated reporting features make it easy for IT managers and executive decision-makers to quickly access the high-impact information needed to make important decisions. Most software vendors have developed SAM tools that can collect software usage data or manage license compliance, but IT managers should also look at SAM tools with automated reporting features that promote ease-of-use and seamlessly deliver the information that users need from the system in a digestible and actionable format. \r\n\r\n\r\n","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/icon_Software_Asset_Management.png"},{"id":377,"title":"IT Asset Management","alias":"it-asset-management","description":" IT asset management is the set of business practices that join financial, contractual and inventory functions to support life cycle management and strategic decision making for the IT environment. Assets include all elements of software and hardware that are found in the business environment.\r\nIT asset management generally uses automation to manage the discovery of assets so inventory can be compared to license entitlements. Full business management of IT assets requires a repository of multiple types of information about the asset, as well as integration with other systems such as supply chain, help desk, procurement and HR systems and ITSM.\r\nHardware asset management entails the management of the physical components of computers and computer networks, from acquisition through disposal. Common business practices include request and approval process, procurement management, life cycle management, redeployment and disposal management. A key component is capturing the financial information about the hardware life cycle which aids the organization in making business decisions based on meaningful and measurable financial objectives.\r\nSoftware Asset Management is a similar process, focusing on software assets, including licenses. Standards for this aspect of data center management are part of ISO/IEC 19770.","materialsDescription":" <span style=\"font-weight: bold;\">What is Information Technology Asset Management?</span>\r\nIT asset management (information technology asset management, or ITAM) is a set of business practices that combines financial, inventory and contractual functions to optimize spending and support lifecycle management and strategic decision-making within the IT environment.\r\n<span style=\"font-weight: bold;\">What is the purpose of IT asset management?</span>\r\nAsset management allows the organization to keep track of all their assets. It can tell where the assets are located, how they are used, and when changes were made to them. The data from the asset management solution can ensure that asset recovery will lead to better returns.\r\n<span style=\"font-weight: bold;\">What are the benefits of asset management?</span>\r\nWith a structure asset management framework in place, organizations will realize these and other benefits:\r\nGood Business Practice. Asset management results in better decisions;\r\n<ul><li>Improved Regulatory Compliance;</li><li>Improved Reliability;</li><li>Long Term System Integrity;</li><li>Cost Savings;</li><li>Eligibility for Federal Funding.</li></ul>\r\n<span style=\"font-weight: bold;\">What are the types of asset management?</span>\r\nThere are 7 types of asset management:\r\n<ul><li>Financial Asset Management.</li><li>Enterprise Asset Management.</li><li>Infrastructure Asset Management.</li><li>Public Asset Management.</li><li>IT Asset Management.</li><li>Fixed Assets Management.</li><li>Digital Asset Management.</li></ul>","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/icon_IT_Asset_Management.png"},{"id":417,"title":"Product Life-Cycle Management Applications","alias":"product-life-cycle-management-applications","description":"","materialsDescription":"","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/icon_Product_Life_Cycle_Management_Applications.png"}],"characteristics":[],"concurentProducts":[],"jobRoles":[],"organizationalFeatures":[],"complementaryCategories":[],"solutions":[],"materials":[],"useCases":[],"best_practices":[],"values":[],"implementations":[]},"squalio-software-asset-management-sam":{"id":5349,"logoURL":"https://old.roi4cio.com/fileadmin/user_upload/squalio_logo.png","logo":true,"scheme":false,"title":"Squalio Software asset management (SAM)","vendorVerified":0,"rating":"0.00","implementationsCount":0,"suppliersCount":0,"supplierPartnersCount":0,"alias":"squalio-software-asset-management-sam","companyTitle":"SQUALIO (squalio.com)","companyTypes":["supplier"],"companyId":238,"companyAlias":"squalio-squaliocom","description":"<span style=\"font-weight: bold; \">Clear overview of all your it assets</span>\r\nSoftware asset management (SAM) services are designed to provide our customers with a clear overview of their software environment and licensing models in order to help them make wiser in the future. Being able to make such informed decisions is only growing in importance, as businesses adapt to the latest IT trends, move their business tools to the cloud and place greater emphasis on mobile technologies.\r\n<span style=\"font-weight: bold; \">Software and hardware inventory</span>\r\nWhether you need to identify all licensable software installed on the network or to track the installs on every PC — we will make it quick and easy for you! It delivers a clear and accurate view of the hardware devices and software assets deployed across multi-platform networks.\r\n<span style=\"font-weight: bold; \">License compliance review</span>\r\nIdeal way to audit and manage your software compliance and potentialities for cost optimization. Discover what’s installed on your network, track the usage of costly business applications and find out how many licenses you have vs. your number of installs. It will be complemented with custom recommendations and next steps to do to make your IT environment healthy!\r\n<span style=\"font-weight: bold; \">SAM managed services</span>\r\nSAM Managed Services combines the usage of best in class Software Asset Management tools together with an ongoing software license optimization driven by SQUALIO licensing experts and core SAM process implementation according to industry standards.\r\n<span style=\"font-weight: bold;\">Software management tools</span>\r\nKeep on track! We will help you to choose the most appropriate tool for your organization to ensure real time monitoring of license compliance for all installed software and purchased licenses. Monitor key assets, create reports and get immediate notifications for unwelcome changes.","shortDescription":"Software Asset Management (SAM) services are designed to provide our customers with a clear overview of their software environment and licensing models in order to help them make wiser in the future.","type":null,"isRoiCalculatorAvaliable":false,"isConfiguratorAvaliable":false,"bonus":100,"usingCount":19,"sellingCount":16,"discontinued":0,"rebateForPoc":0,"rebate":0,"seo":{"title":"Squalio Software asset management (SAM)","keywords":"","description":"<span style=\"font-weight: bold; \">Clear overview of all your it assets</span>\r\nSoftware asset management (SAM) services are designed to provide our customers with a clear overview of their software environment and licensing models in order to help them make wi","og:title":"Squalio Software asset management (SAM)","og:description":"<span style=\"font-weight: bold; \">Clear overview of all your it assets</span>\r\nSoftware asset management (SAM) services are designed to provide our customers with a clear overview of their software environment and licensing models in order to help them make wi","og:image":"https://old.roi4cio.com/fileadmin/user_upload/squalio_logo.png"},"eventUrl":"","translationId":5350,"dealDetails":null,"roi":null,"price":null,"bonusForReference":null,"templateData":[],"testingArea":"","categories":[{"id":379,"title":"SAM - Software Asset Management","alias":"sam-software-asset-management","description":"<span style=\"font-weight: bold; \">Software asset management (SAM)</span> tools automate many of the tasks required to maintain compliance with software licenses, thereby controlling software spending. They facilitate the in-depth analysis of software assets by decoding software license entitlements, automating the collection of software consumption data, establishing independent software vendor (ISV) effective license position (ELP), and optimizing software value delivery and information sharing. SAM software manage entitlements from enterprise license agreements, purchases and other records to automatically determine and optimize license position against discovered software. Infrastructure and operations (I&amp;O) leaders use SAM tools for managing software entitlement, in lieu of using spreadsheets, due to the rising complexity of software-licensing schemes.\r\nFor many organizations, the goal of implementing an asset software program is very tactical in nature, focused specifically on balancing the number of software licenses purchased with the number of actual licenses consumed or used. In addition to software license management, an effective SAM program must also ensure that the usage of all installed software is in keeping with the terms and conditions of the specific vendor license agreement. In doing so, organizations can minimize liabilities associated with software piracy in the event of an audit by a software vendor or a third party such as the Business Software Alliance (BSA). \r\nThe key business benefits of SAM software be summarized as follows::\r\n<span style=\"font-weight: bold; \">Licenses.</span> Licenses are assets that need to be managed. Each license contains specific conditions for how the software product can be installed and used. As a user, your job is to make sure your company is compliant with the terms and conditions of the license agreement.\r\n<span style=\"font-weight: bold; \">Compliance </span>is the bedrock of asset management tools. Software vendors don’t want you to use more software than you licensed. Even though SAM is much bigger than compliance, compliance is where license management becomes an essential part of your business strategy. And it’s the first goal for most companies when starting SAM.\r\n<span style=\"font-weight: bold; \">Audits. </span>To check whether you are compliant, vendors will perform software asset management audit to see how their product is being used, how it’s configured, and whether your licenses cover all of it. There are two possible outcomes of an audit: either you’re compliant, or you’re not. Non-compliance can result in unexpected fees, which, if you’re not careful, can cost you big. An audit also disrupts your business and can take months to complete without license management technology to support the process.\r\n<span style=\"font-weight: bold; \">Optimization.</span> Often businesses are over-compliant simply because they have more licenses than they need. They prefer to over-pay upfront to outsmart the audit risk. So, while they aren’t losing a ton of money at once for failing an audit, they are losing it slowly. It may not hurt at first, but over time being over-licensed costs more than failing an audit. When you fail an audit, you buy just enough licenses to close the gap, and often vendors demand you pay back-maintenance for the licenses too. It’s expensive, but the problem is a one-time cost — that can also be reduced or completely eliminated with software license management solutions.","materialsDescription":"<h1 class=\"align-center\">5 Reasons to do Software Asset Management</h1>\r\n<span style=\"font-weight: bold; \">Cost savings.</span> With a full overview of your environment and your software needs, you know exactly what you’re using and exactly what you need. So you purchase the right licenses from the start, saving you money on maintenance fees, and helping to ensure compliance. In fact, you can reduce your licensing costs up to 30%.\r\nTime savings. Organizing your licenses and setting up software asset management process will save you time:\r\n<ul><li>Have a central database of your licensing terms and conditions, making it easier and quicker to get the information you need to make better software purchasing and IT budgeting decisions</li><li>Be able to respond to audit letters within days instead of weeks</li><li>Transparency means you can respond quicker to problems, sometimes even before they arise</li></ul>\r\n<span style=\"font-weight: bold; \">Automation.</span>Nothing says effortless like automation. Automating your processes frees you up to concentrate on other things. With alerts and regular reports, you don’t need to spend time watching out for problems and looking for areas to save. Just to name a few examples an asset management program tool can automate:\r\n<ul><li>&nbsp;&nbsp;&nbsp; Alerting you to over usage and non-compliance</li><li>&nbsp;&nbsp;&nbsp; Informing you about high-risk configurations</li><li>&nbsp;&nbsp;&nbsp; Suggesting optimization options</li><li>&nbsp;&nbsp;&nbsp; Filling software requests with existing licenses</li><li>&nbsp;&nbsp;&nbsp; Simulating your data center architecture and the resulting licensing costs</li></ul>\r\n<span style=\"color: rgb(97, 97, 97); \"><span style=\"font-weight: bold; \">Software License Optimization.</span> When you know what you have and use, you can go beyond compliance. You can compare your licenses. See what license schemes are possible and make the most sense in your environment—while easily keeping an eye on cost.</span>\r\n<span style=\"font-weight: bold; \">Strategy.</span> Enterprise asset management system gives you transparency into your current and past software needs. This in turn gives you valuable insights into your software future. It can help you plan in advance on multiple levels from data center architectures to budgets and service-charging. There are strategic benefits for every department in the company.\r\n<h1 class=\"align-center\">Choosing the Best Software Asset Management Software</h1>\r\n<span style=\"font-weight: bold; \">Software Discovery. </span>Enterprise asset management software enables IT organizations to keep track of their hardware and software inventory and monitor license compliance. In the past, this was largely a manual process where IT operators would maintain spreadsheets with information about IT assets. Each time a configuration item changed, a manual update would have to be performed which made it difficult to determine if your SAM database was truly accurate.\r\n<span style=\"font-weight: bold; \">Software and Hardware Inventory and Cataloging.</span> Software and hardware inventory cataloging is one of the main drivers of software asset management. Without sufficient oversight of inventory within the IT organization, waste is inevitable as IT managers order excess licenses, servers, and workstations without any knowledge of viable alternatives that may already be at their disposal. \r\nSoftware inventory is another key feature for SAM tools. IT organizations should look for a tool that tracks instances of software installations on the network and that can be used to determine exactly how many used or unused licenses the organization has for each application.\r\n<span style=\"font-weight: bold; \">License Compliance Monitoring.</span>Today's the leading software on asset management market include features that can help you proactively monitor your inventory of software licenses and detect non-compliance issues before they can ever be discovered in a software vendor audit. IT organizations can receive automated updates and notifications when a change in the system affects license compliance and take steps to correct the non-compliance.\r\n<span style=\"font-weight: bold; \">Asset Depreciation. </span>Software purchased for use is considered a fixed asset by general accounting principles, meaning that corporate organizations can depreciate purchased software on their taxes to obtain an income reduction and reduce their tax liability. Your software asset management system should track the total cost of any software your organization purchases and depreciate the software over time according to your accounting rules. \r\n<span style=\"font-weight: bold; \">Geo-location.</span> Software asset management tools provide IT organizations with unprecedented oversight into their hardware and software inventory and configuration items. The ability to detect hardware and software on the network, collect attribution data for those configuration items and organize that information into a searchable database that drives better asset management is already revolutionary for most IT organizations.\r\n<span style=\"font-weight: bold; \">Audit Scheduling.</span> If your IT organization purchases software licenses from a major software vendor, you should anticipate that you will receive at least one software audit request every three years. As your number of vendor partners grow, you may even receive audit requests annually. If you purchased the right software asset management application, you should be conducting your own software compliance audits on a monthly basis to truly verify your compliance with software license agreements.\r\n<span style=\"font-weight: bold;\">User-Friendly, Automated Reporting.</span> SAM tools with automated reporting features make it easy for IT managers and executive decision-makers to quickly access the high-impact information needed to make important decisions. 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