British based software asset management tool developer Licence Dashboard has launched SAM Portal, a software product designed to help manage software license agreements. Powered by its own Licence Dashboard software license management system, SAM Portal aims to help IT project managers and senior developers manage expenditure on software licenses and reduce the risk of non-compliance by ensuring that they have the correct number of licenses for their software.
"With software now taking up an ever-increasing share of IT budgets, it has never been more important for organizations to make sure that they effectively manage, control, and protect their software assets. This is time consuming and difficult to do manually without adequate SAM (software asset management) software. Organizations risk losing track of their licenses, which can prove to be very costly in the long term," said Licence Dashboard director Sean Robinson. "Many companies end up purchasing far too many licenses, which is hugely wasteful. Similarly, companies which own too few licenses are at risk of incurring large retrospective fees from software companies, should they be investigated and found to be exceeding their entitlement."
With SAM Portal, Licence Dashboard suggests that development teams can manage and maintain their approved software catalog, determine requirements, acquire licenses, and ensure they are compliant, reducing administrative effort and ultimately saving money. SAM Portal features an intuitive interface and real-time management functions, so users always know how many unused licenses are available. In addition, it maintains a database of all license evidence, ensuring that all proofs of purchase and contracts are protected and maintained.
Built-in reporting software also allows users to provide a detailed analysis of an organization's software compliance status, cost savings made, and areas of risk.