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Loggle is an IT Asset Management Tool that allows IT teams to monitor and manage the lifecycle and costs of all software, hardware and integration assets used within an enterprise.

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Meet Loggle

Loggle is an IT Asset Management Tool that allows IT teams to monitor and manage the lifecycle and costs of all software, hardware and integration assets used within an enterprise.

Learn More
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What is Software License Management (SLM)?

What is Software License Management (SLM)?

In today, technology is the key element for many companies. Companies increase their IT spending on software applications. According to ‘’Gartner reports,’’ the increase in IT spending will continue in the coming years. In addition, software maintenance, security and audit costs constitute important cost items for businesses. Therefore, one of the best ways for organizations to avoid unnecessary IT costs is to implement a successful software license management strategy.

What Is Software License Management?

Software License Management (SLM) refers to the processes for companies to control and determine where and how all software licenses are used. A software license is a legal document containing instructions for using the software. SLM provides a single place to manage software licenses used across organizations. In this way, Software License Management, which is a part of Software Asset Management, simplifies processes such as reducing IT costs and documentation.

SLM is required to ensure that the business complies with the relevant "End-User License Agreement (EULA)". A typical agreement determines the details and features of the purchase of licenses. A successful Software License Management tracks all of this and streamlines the software licenses of businesses. 

Benefits of Software License Management

Having all software licenses under control is a great advantage for companies. SLM enables businesses to save on IT expenses by identifying unused software. Unused software quickly depletes the IT budget and incurs residual costs. However, SLM keeps track of all purchases and ensures businesses dominate the process.

Another benefit of Software License Management is all software products of the company are compatible with software licenses. If the businesses do not follow the guidelines in software licenses, it is possible to face legal problems.

Software License Management Best Practices

There are some risks when managing software licenses. There are license management processes that must be implemented to avoid these risks.

Here are some software license management best practices:

  • Effective Policy: Create a software management policy that is clear and effective. In this way, the required control and track become easier.
  • Process: Process and planning are done to manage the life cycle of software products.
  • Audits: Companies distribute the latest software updates by performing regular checks. 
  • Trace-ability: Businesses keep track of how applications are being used and who is using them. Thus, it becomes easy to manage and have a command of processes.
  • Measure Outcome: Organizations measure cost savings at the end of the process and proceed accordingly.


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loggle Meet Loggle

Loggle is an IT Asset Management Tool that allows IT teams to monitor and manage the lifecycle and costs of all software, hardware and integration assets used within an enterprise.

Learn More
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