The word “audit” strikes fear into the heart of every IT and software asset manager.
After all, audits can be very disruptive — and very expensive. But the reality is that vendor-imposed, revenue-motivated audits are increasing for organizations of all sizes and industries. In a recent study, Gartner, Inc., found that organizations had a 68 percent chance of being audited by at least one software vendor.
Since software audits are inevitable, you need to be proactive. Don’t wait for vendors to contact you; instead, take charge of your organization’s software license management now and avoid both the disruptions and the costs. It’s true you might uncover a few ugly truths, but those are better dealt with outside of the scrutiny of a vendor audit. Moreover, our experience shows that you’ll also discover opportunities to drive down costs, improve application currency and availability, and enhance security.
Here are five steps that will help you manage your software assets and ensure you are in compliance:
In short, being proactive with IT asset management (ITAM) can pay off handsomely: it will help you sail through the vendor audits that are almost certainly coming your way this year while also reducing costs and improving productivity and security. To learn more, check out the latest chapter in our e-book, “Technology Tunnel Vision, Part 3: Expanding control of your application environment.”