Software License Management

Software License Management (SLM) is the process of tracking and controlling software licenses within an organization. It ensures that the company uses the correct number of licenses, remains compliant with legal requirements, and avoids unnecessary costs. This involves keeping records of purchased licenses, monitoring software usage, and managing renewals or upgrades. Effective SLM helps prevent legal issues from improper use and maximizes the value of software investments by optimizing usage and addressing any discrepancies in licensing agreements.