Software renewals and audits

Understand usage, prepare for renewals and audits

Vendor audits create massive amounts of disruption for IT teams and are incredibly expensive. Without the right SAM tool collecting data on licensing terms, entitlements, user activity and more, a vendor audit can become an impossible exercise. Moreover, when a software contract is up for renewal, having correct usage and spend data puts you in a position of strength at the negotiating table and enables you to make better decisions on future spend. 

Accurate data prepares you for software renewals and audits

Software license audit

Software license audit

Get ahead of software license audits

Software license audits aren’t just an inconvenience—they’re incredibly expensive. In fact, according to Flexera’s 2024 State of ITAM Report, nearly half of organizations estimated that they spent more than $1 million over the past three years on software vendor audits. By collecting accurate data on licensing terms, entitlements and usage you can be prepared for a vendor audit and avoid unbudgeted spend.

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Software contract renewal

Software contract renewal

Don’t overpay for software

When a software contract approaches renewal it’s the perfect time to reevaluate the contract terms and pricing to see if it still meets your company’s goals and objectives. Gathering usage data of the software can help you understand if you are over or underutilizing your software licenses and put you at a position of strength at the negotiating table.

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Vendor management

Vendor management

Maximize the value of software investments

It’s extremely difficult to rightsize your contracts without valuable insights into your investments with each software vendor. You can lower your overall spend by understanding what software you’re utilizing or if you have any redundancies in your software purchases. Dig deeper into your software license entitlements and understand each vendor from a granular level.

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Internal audit

Internal audit

Prepare for a software audit

If you’re overutilizing software, you’re likely to be audited. Know your true license position, identify potential risks and vulnerabilities, optimize your software costs, and improve your processes by conducting an internal audit of your IT estate. Get the key insights you need for your entire IT inventory and create your true license position to be prepared for any surprise vendor audits.

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Software renewals and audits

Flexera prepares you for software renewals and audits

Flexera’s software asset management (SAM) solutions are the only solutions verified for all Oracle global license advisory services (GLAS) categories and Flexera One IT Asset Management is the only solution that is a certified IBM license metric tool (ILMT) alternative. We provide trusted software data and insights to help you prepare for or avoid a software audit and assist with your software renewals. Flexera’s SAM tools help you optimize your IT estate and provide you with the key insights you need to lower your software costs and help you avoid surprise fees by diving deep into specific software licensing terms, entitlements and software usage.

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Ten years ago, we had five to six audits a year. Now we have zero to one because they talk amongst each other, and they know they will never find anything wrong with our data. And we can prove it.

JOHN HAENEN, SOFTWARE ASSET CONSULTANT Dutch Police

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