Are You Prepared for an Audit Notice?

The internal administrative costs of software auditing – before any supplemental licenses or penalties are calculated – can reach an average of $500,000 each. These unexpected costs are typically unbudgeted expenses and can be highly disruptive to IT spending plans. Given these economic realities, enterprises are more vulnerable than ever and need to mitigate audit risks by adopting smarter software management strategies.

iET License Entitlement Center (iET LEC) focuses on software license entitlements. It matches the granular stock keeping unit (SKU) of the installed software with an up-to-date, centralized catalog of software products and metadata pulled from corporate purchasing systems.

Through entitlements, iET LEC recognizes the Microsoft Word installation is actually Microsoft Word 2007, part of a license for Microsoft Office 2007 Professional procured through an Open License Agreement. By sifting through the “license forensics,” iET LEC can identify multi-use rights, upgrade/downgrade rights, permissible regions, and more.

Ensure license compliance and be prepared for an audit with iET License Entitlement Center.