Software License Management
Our software license management solution transforms how you handle software licensing. View all purchases, track licenses, set alerts for contract terms, and streamline your operations.
Increased Efficiency and Deeper Insights
- Get a single-point of license management for SaaS, desktop and mobile apps, APIs, VMs, devices, and more, greatly reducing admin effort.
- Keep track of critical license information such as types, purchase dates, renewals, and expiration statuses effortlessly.
- Enjoy the flexibility to cancel, suspend, or reactivate subscriptions with just one click.
- Effortlessly assign licenses at will to users, groups and devices.
- Automate license renewals and send notifications well in advance of expiration dates to prevent service disruptions.
- Monitor license usage patterns to:
- identify underutilized licenses or instances where additional licenses might be necessary;
- gain insights about how and when your customers are using licenses and product features to boost sales.
Improved Security and Compliance with Our Software Licence Management
- Maintain a detailed audit trail of all license-related activities for compliance and accountability.
- Enhance customer access with an identity-based licensing approach to provide secure role-based access and management for licensing data.
- Prevent revenue leakage with real-time licensing and access control.
Enhanced Business Intelligence and Customer Experience
- Empower your customers with self-service letting them request and manage licenses within predefined limits, reducing administrative overhead.
- Generate comprehensive reports on license usage, costs, and trends to facilitate decision-making and budget planning.
- Easily integrate with other finance and inventory systems.
Apart from traditional licensing models such as perpetual, subscription, term and floating licenses, we also provide solutions for use time and use count licenses, pre-paid and post-paid variants.
Define individual pricing and subscription schemes for your products and services with simple wizards. Without any tech skills or development input required.
Frequently Asked Software Licence Management (SLM) Questions
Software License Management (SLM) involves strategically tracking, managing, and optimizing your organization’s software licenses to ensure both compliance and cost-efficiency. It helps businesses optimize their software investments, stay compliant with licensing terms, and avoid costly violations.
- Perpetual License: A perpetual software license allows users to use the software indefinitely with a single one-time payment. This type of license provides long-term use without recurring fees.
- Concurrent License: Concurrent licensing allows multiple users to access the software, but limits the number of simultaneous users. This type of license is cost-effective as businesses can purchase a pool of licenses that can be shared, ensuring efficient use of resources without wasting cash or time.
- Open Source License: Open source licenses permit users to freely use, modify, and distribute the software as long as they follow the specified guidelines. By providing access to the source code, these licenses encourage collaboration and innovation, supporting the development and sharing of free and open-source software.
- Subscription License: Subscription licenses allow users to access the software for a specific period, typically on a monthly or yearly basis. This model ensures regular updates and support, offering flexibility and scalability as the business needs change.
- Enhanced Compliance and Risk Management: Protect your organization by ensuring adherence to licensing agreements and maintaining a detailed audit trail. Enhance access control with secure, role-based management and prevent revenue leakage with real-time licensing and access controls.
- Monitor License Trends: Gain real-time insights into license usage patterns through advanced monitoring and trend analysis, enabling proactive decision-making and optimal resource allocation.
- Generate Usage Reports: Easily generate detailed reports on software usage to uncover patterns and trends, supporting informed decision-making and optimal resource allocation.
- Cost Optimization: Identify underutilized licenses and reallocate resources effectively, maximizing ROI and achieving greater cost efficiency across your organization.
- Enhanced Business Intelligence and Customer Experience: Empower customers with self-service capabilities for license management, reducing administrative overhead. Integrate seamlessly with finance and inventory systems to enhance operational efficiency.
TotalOne enhances customer experience by providing self-service capabilities for easy license management, real-time insights for proactive decisions, and seamless integration with finance and inventory systems. Our solution ensures compliance with role-based access controls and comprehensive audit trails, offering security and reliability.