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Home > Asset Management > I want to reduce the risk of non-compliance of licenses
We identify and sanitize cases of non-compliance of software licenses.
We identify and sanitize cases of non-compliance of software licenses.
The use of improperly licensed software has a cost for companies: an audit by the vendor can result in unexpected expenses of 10% of the revenue. According to InformationWeek, the average true-up cost for realities with over $50 million in revenue equals $263,000.
To succeed in ever-expanding IT environments, you need to start from a position of complete visibility of your software assets, to identify non-conforming uses and unmanaged risks. But tracking methods are not always adequate: feed excel sheets in real time with new applications, reconcile contractual users, monitor vulnerabilities takes time and resources that companies do not always have.
To avoid problems, many organizations purchase excess licenses, but still incur unnecessary costs. We automate the verification of non-conformities, to allow companies to know in real time the actual status of software licenses and manage them proactively.
We support IT teams in preparing audits and negotiating renewal contracts, to manage risk in the most effective and cost-effective way.
The use of improperly licensed software has a cost for companies: an audit by the vendor can result in unexpected expenses of 10% of the revenue. According to InformationWeek, the average true-up cost for realities with over $50 million in revenue equals $263,000.
To succeed in ever-expanding IT environments, you need to start from a position of complete visibility of your software assets, to identify non-conforming uses and unmanaged risks. But tracking methods are not always adequate: feed excel sheets in real time with new applications, reconcile contractual users, monitor vulnerabilities takes time and resources that companies do not always have.
To avoid problems, many organizations purchase excess licenses, but still incur unnecessary costs. We automate the verification of non-conformities, to allow companies to know in real time the actual status of software licenses and manage them proactively.
We support IT teams in preparing audits and negotiating renewal contracts, to manage risk in the most effective and cost-effective way.
As the purchasing power of individual business units increases, you may not have control over new activations. Without access to purchase data, there is a part of the IT environment that is difficult to know the actual license location.
Untangling contracts and licensing models from multiple vendors is not easy. It often takes specialist skills to read between the lines of the clauses and verify compliance with the contractual terms and requirements.
Monitoring, if done manually, takes time: the data must be extracted from the various systems, reconciled, linked. This is often done close to an audit, but it is sometimes too late to take corrective action.
The absence of adequate tracking methods leads to relying on vendor declarations and the tools provided: it is difficult to counter, especially if there are unfavorable situations that can be managed and reversed.
Untangling contracts and licensing models from multiple vendors is not easy. It often takes specialist skills to read between the lines of the clauses and verify compliance with the contractual terms and requirements.
Monitoring, if done manually, takes time: the data must be extracted from the various systems, reconciled, linked. This is often done close to an audit, but it is sometimes too late to take corrective action.
The absence of adequate tracking methods leads to relying on vendor declarations and the tools provided: it is difficult to counter, especially if there are unfavorable situations that can be managed and reversed.
To reduce the risk of non-compliance of software licenses, WEGG adopts the following strategy:
Complete visibility in real-time
Most companies wait for the approach or occurrence of an audit to take control of software assets. But visibility is not just an end to vendor audits – and even then, late monitoring may fail to avoid alignment costs, penalties, loss of reputation and legal fees in the event of non-compliance detected – but also to plan IT investments and correct security risks. The first step is to automate the the collection and aggregation of inventory and consumption data in easily usable and readableformats, especially if you have applications and infrastructures distributed locally and on the cloud, even among multiple vendors. We ensure monitoring of any asset, including assets not managed by IT.
Matching between contractual utilities and uses
We structure dashboards in which IT team can benefit from intelligence that can consolidate data from multiple business systems and normalize them, integrating them to contractual information, to those of the software lifecycle (EoL, end support) and insights into possible risk gaps. We rely on advanced Software Asset Management (SAM) technologies, that perform matching between ownership and usage data. To set the verification tool, we rely on our our in-depth knowledge of vendor licensing: we identify non-contractual uses and licenses unsuitable for the purposes. Our analysis is not limited to software licenses, but also to the machines and infrastructure on which the software runs.
Adopting a proactive approach
We help companies to have in-depth reports, in addition to the tools and reports provided by the counterparty: our customers can know at any time the actual licensing position towards each individual vendor. They also have visibility into the risks of unmanaged software. This allows you to take a proactive approach: detailed analysis helps to optimize the costs of licenses, the ability to negotiate more advantageous conditions and to continuously manage risk, even with automated interventions.
Prediction of your IT environment
IT environments are constantly evolving, especially if digital transformation projects are planned. We help you understand the impact that these changes will have on your business software licenses: there may be indirect uses that occur through bots or automation software and that are not covered by correct contractual users. We enable companies to constantly monitor the risk of non-compliance related to future evolution scenarios and provide support to predict and negotiate the best contractual conditions at the vendor table.
To reduce the risk of non-compliance of software licenses, WEGG adopts the following strategy:
Complete visibility in real-time
Most companies wait for the approach or occurrence of an audit to take control of software assets. But visibility is not just an end to vendor audits – and even then, late monitoring may fail to avoid alignment costs, penalties, loss of reputation and legal fees in the event of non-compliance detected – but also to plan IT investments and correct security risks. The first step is to automate the the collection and aggregation of inventory and consumption data in easily usable and readableformats, especially if you have applications and infrastructures distributed locally and on the cloud, even among multiple vendors. We ensure monitoring of any asset, including assets not managed by IT.
Matching between contractual utilities and uses
We structure dashboards in which IT team can benefit from intelligence that can consolidate data from multiple business systems and normalize them, integrating them to contractual information, to those of the software lifecycle (EoL, end support) and insights into possible risk gaps. We rely on advanced Software Asset Management (SAM) technologies, that perform matching between ownership and usage data. To set the verification tool, we rely on our our in-depth knowledge of vendor licensing: we identify non-contractual uses and licenses unsuitable for the purposes. Our analysis is not limited to software licenses, but also to the machines and infrastructure on which the software runs.
Adopting a proactive approach
We help companies to have in-depth reports, in addition to the tools and reports provided by the counterparty: our customers can know at any time the actual licensing position towards each individual vendor. They also have visibility into the risks of unmanaged software. This allows you to take a proactive approach: detailed analysis helps to optimize the costs of licenses, the ability to negotiate more advantageous conditions and to continuously manage risk, even with automated interventions.
Prediction of your IT environment
IT environments are constantly evolving, especially if digital transformation projects are planned. We help you understand the impact that these changes will have on your business software licenses: there may be indirect uses that occur through bots or automation software and that are not covered by correct contractual users. We enable companies to constantly monitor the risk of non-compliance related to future evolution scenarios and provide support to predict and negotiate the best contractual conditions at the vendor table.
We ensure knowledge of the actual status of software licenses.
We allow you to better manage negotiations with the vendor.
We identify the risks associated with software assets.
We free IT staff from time-consuming and onerous reviews.
We ensure knowledge of the actual status of software licenses.
We allow you to better manage negotiations with the vendor.
We identify the risks associated with software assets.
We free IT staff from time-consuming and onerous reviews.
Would you like to reduce the risk of non-conformity of your software licenses?
Would you like to reduce the risk of non-conformity of your software licenses?
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