Software license tracking is a process of monitoring and managing software licenses within an organization. This includes keeping track of purchase dates, expirations, metering, and software compliance.
Software license tracking can help organizations save money by ensuring that they are only using the number of licenses they have purchased, and not exceeding that number. Additionally, by keeping track of licenses and monitoring usage, organizations can make more informed decisions about which software licenses to purchase in the future.
There are a few different methods that can be used for software license tracking. One method is to use a software license management tool, which can automate many of the tasks involved in tracking and managing licenses. Another method is to use a spreadsheet to track licenses manually.
No matter which method you use, there are a few key pieces of information that you will need to track for each software license:
-The name of the software
-The number of licenses purchased
-The date of purchase
-The expiration date (if applicable)
-The number of licenses currently in use
Tracking software licenses can seem like a daunting task, but it is important to do in order to ensure that your organization is using its licenses correctly and not exceeding the number of licenses purchased. By using a license management tool or spreadsheet, you can make the process of tracking licenses much easier.