Software asset management

Software Asset Management (SAM) is the process of tracking and managing a company's software licenses, ensuring the right use of software while complying with legal agreements. It involves inventorying software applications, monitoring license usage, and optimizing resources to prevent overspending or violations. By effectively managing software assets, organizations reduce risks, control costs, and improve efficiency. SAM helps ensure that the company has the necessary software when needed, avoids unnecessary purchases, and stays compliant with licensing terms. Essentially, it’s a strategic approach to overseeing software resources throughout their lifecycle.