Use A Compatible Application For Maintaining The Software Licensing Contracts

Binadox Solutions
2 min readJun 28, 2017

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At this recent time, a business house cannot perform in a proper way without using any software application. So, the organization needs to install many business applications to run the business successfully, such financial audit tool, CRM tool, marketing tool, and more. These different types of software applications are actually called the software asset. A software license number must be there in every software application. And, the license number will differ from one application to another. The software license number is the software license agreement. For receiving the software updates and using the software for a long period of time, the organization should renew the software licensing contract on a routine basis. Automated License Management tools, lightweight software asset management tools are there to manage the different software applications.

The software asset management tool: -

This application is also called the software license management tool or software license compliance program. This application helps to follow the IT copyright, strictly. Also, it works like a software security tool. In this way, the software asset management tool prevents the software piracy or the corporate piracy. The work details of the software license management tools are mentioned below.

§ This application monitors the installed and used software in an organization. Also, it can detect the recently installed software in an organization.

§ The software license management tool is a very effective business application. This tool is generally used for controlling the software applications and the software license agreements. So, this tool creates a database by collecting the details of the various software applications, such as the software license key, the license owner, the software owner, and more.

§ This application is very easy to manage. So, the users can customize the setting of the software license management tool as per requirement. Even, they can add extra information to the database or delete the unnecessary information.

§ By following this database, the organizations can get to know about the software license renewal dates, and renew the agreements accordingly.

§ Nowadays, the Automated License Management tools, lightweight software asset management tools are available in the market around the world. These are very improved software asset management tools. They help to renew the software licensing contracts automatically and timely.

On the other hand, the license manager tool is also available. It helps to identify the software license agreement type.

Related Article:-

https://medium.com/@jasonstathom654/use-an-automated-application-for-protecting-the-software-and-maintain-the-software-licenses-beada4f109a8

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Binadox Solutions

Get in touch for your SaaS Web Usage Monitoring needs- Binadox provides a software license compliance and software usage monitoring solution for SAM, IT and leg