Software Asset Management, also known as SAM, is an industry best practice that helps you control costs and optimise software investments in your organisation at all stages of the software lifecycle. It will reduce legal, financial and image risks.

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With the advent of the Covid-19 pandemic, the adoption of this service accelerated and many organisations were forced to formalise these channels, to systematise them, to ground and control remote user devices in real time.

Benefits of Software Asset Management - SAM

The adoption of asset management software allows, among other benefits, the automation of VPN access requests, change management, user registrations, permissions and requests, as well as the optimisation of resources and minimisation of response times.

SAM Best Practices

A good practice to get started in software asset management is to know the real situation of the organisation, this analysis will allow you to know what is the state of the policies and procedures within the company and how to transfer these procedures to employees in order to apply them.

Once this analysis has been carried out, the next step will be the financial one, where we will verify the approximate return on investment of what it means to implement this software. Likewise, the legal risks and the gaps that asset management itself has on a day-to-day basis, from the purchase to the reuse of software, must be known.

Interesting facts about SAM

  • Good software asset management brings savings to the organisation.
  • Hidden software costs can be as high as 60%.
  • Unlicensed software is a risk of non-compliance fines.
  • If employees are able to install illegal software, it is because security policies fail and there is no proper software asset management.
  • Manufacturers frequently conduct software audits of their customers.
  • SAM makes it easier to identify what you have, where it is running, and if there is any redundancy (software that is not used but still maintained).

Savings are possible, and it is possible to be more competitive.

In addition there are regulations, possible penalties for tax evasion and other regulations that should financially motivate investment in a SAM. ISO quality standards also underpin the justification for implementing a model where software is managed as an asset.

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