Software Asset Management is Not Just About Compliance or Audit-ngdesk.com

1. Software Asset Management is Not Just About Compliance or Audit It is a common perception that Software Asset Management (SAM) is all about compliance and audit. Conceptually, software license management and compliance audits define the jurisdiction of IT asset management tools. While, this is, to some extent true, there is more to the picture than meets the eye. Essentially, SAM supports certain key standards and practices that integrate people, processes, and technology to allow systemic management of IT assets. These standards enable firms to streamline their IT assets, deploy the assets, and plan IT expenses effectively. The IT asset management tool gathers existing asset details in one place. The details are used to generate useful insights on the way assets are deployed across the firm and the existing life cycle of the assets. Currently, financial perspectives play a crucial role in management decisions related to implementing SAM solutions. And, in case you are wondering how SAM solutions impact your business, read on to find more details on this topic. SAM the business case Well, firms today are grappling with multiple IT devices. The number of desktops, laptops, printers, copiers, mobiles, and other peripheral accessories is gradually increasing. And, so are the wide variety of software applications used to support day-to-day work processes. Consequently, asset management tools are deployed by these firms to track and manage these assets. Basically, SAM tool provides a comprehensive picture of the company’s software, hardware assets, usage data, and license details. This way, businesses have a firm grip over business or legal risks linked to license or audit requirements. So, you can monitor and manage your IT costs and subsequent allocation of IT assets. It is a common misperception that firms deploy SAM tools to manage software licenses and meet compliance requirements. In reality, SAM is a practical business tool that serves multiple business objectives. Below we have listed some common application goals met by SAM solutions and how it impacts your business. A budgetary tool Well, the end goal is to optimize investments in IT assets and avoid unnecessary expenses. IT infrastructure development and maintenance is not an easy task considering the evolving business needs. In such condition, it pays to deploy SAM to build a cost-effective, reliable, and scalable IT roadmap for your organization. SAM provides a snapshot of your existing assets, evolving requirements, and potential investment needs. (Know More) Follow US