ITIL License Management

Go Beyond Scanning and Inventory with Predefined Upgrades and Downgrades for Common Applications, to Give an Entitlement-based View of Your Software Assets with the iET ITIL License Management Solution.

Features and Functionality:

• Comprehensive Web-based strategic solution for software asset management (SAM). 
• Focus on the holistic nature of contracts, licenses and entitlements, not a physical inventory.
• The visual "License Cockpit" dashboard provides a granular view of all software entitlements, helping you achieve dramatically increased control over software deployments, allocations, upgrades, downgrades, patches, transfers, acquisitions, license verifications, poolings, free assignments, retirements, and more. You’ll know the answers to the key issues surrounding your enterprise’s commercial software portfolio.
• Access to 125,000-Title Software Catalog from more than 450 manufacturers around the world. The solution automatically integrates with corporate purchasing systems to find procurement data for all licenses. It then identifies the specific software installed on a computer, matches it with associated contract data and license parameters, and allocates costs to various departments for each individual commercial-software SKU. 
• Real-Time Contract Management allows automatic or manual import for multi-level contract hierarchies (main contracts, enrollments, etc) to create a complete “contract inventory” of master contracts, addenda, owners, validity periods, expirations, maintenance and upgrade options, contract goals, payments and more. iET License Entitlement Center contains contract templates for common agreements such as Microsoft Select Agreements, which make it even easier to enter and maintain data.

Key Benefits:

• Reduce software costs by knowing exactly where you stand with software licensing. Avoid the exposure of under-licensing, which can lead to painful, unplanned “true-ups.” You also avoid over-licensing, where legitimate software assets – “safety licenses” - sit on shelves, unused.
• Ensure license compliance and mitigate the risk of audit failures by reducing vulnerabilities to vendor penalties and legal/criminal consequences for compliance breaches. 
• Reduce administrative costs by eliminating thousands of man-hours of manual, error-prone inventory tracking. What’s more, iET License Entitlement Center simplifies the process, thus saving countless overhead dollars by being able to efficiently respond to vendor audits.
• Track and analyze software spending by project, location, or other dimensions.
• Establish transparency on software prices through internal and external benchmarking and evaluate the financial impact of software choices using an intelligent price assistant and other decision support tools.