Software Asset Management / Licence Audit

Mitigate Against the Cost and Risk
of License Audits

Enterprise software vendors do not design their license policy to be easily understood. As a result of this customers often find themselves paying for products that they do not require and overpaying for the ones that they do. Software users are often unaware of vendor rules according to contractual obligations. Vendors can conduct a license audit and non-compliance can result in unexpected costs and stress for the customer.

Version 1 License Management can provide the full lifecycle of software licensing consultancy services, ensuring our client’s enterprise application license estates are fully optimised and under control with regards to cost, license compliance and complexity.

Our Approach to Mitigating the Cost and Risk of Vendor Audits

Diagnosis
A Diagnosis or Health Check is a strategic review of your Oracle and Microsoft license estate. It identifies the risks of noncompliance and opportunities related to the management of your software assets.
Discovery, Baseline and Optimisation
Based on the Diagnosis, we may perform a detailed Discovery and Baseline to determine compliance. We will highlight areas of risk and propose optimisation and remediation.
Resolution
If you need to buy licenses or re-negotiate with your vendor, we can help you create a plan. This can minimise unexpected costs and give you more benefits, creating a fit-for-future license estate.

During a typical review, we find non-compliance risks of over £5.8 million.

Why Version 1?

We will always put the customer first. We are technology agnostic, providing a modular plug & play approach to each set of unique customer requirements. We enable clients to make better, more informed decisions on their software estate; understand the options and make the right decision for you. Our priority is to give the best advice, not just to secure licensing revenue.

Reduce Cost & Risk
  • Assessment
  • Advice
  • Procurement
Trusted Software Advisor
  • Independent
  • Tools Agnostic
  • Experience
Market Leading Expertise
  • Breadth & Scale
  • Technical Background
  • Ongoing Staff Education

Our Options

The Benefits of a Version 1 Software License Audit Services for Your Business

Cost Reduction
Risk Mitigation
Volume Discounts
Better Vendor Relationships
Optimal license agreement for your needs
Value Added Procurement

Fireside Chat – The Importance of Preparing for a Vendor Audit.

Vendor audits are on the increase and so how you prepare for an audit or react to a request is critical to an optimal result for you. Version 1’s recent fireside chat with Jason Pepper, Head of SAM Practice aims to highlight some of the key actions and activities to consider as part of your vendor audit preparation and action plan.

View Video

News & Insights
Downloadable Content, News, Whitepaper: August 21, 2023

Level Up Your Team with a Software Asset Management Partner

Read time: 3 mins There is a huge demand for IT skills globally. This was the case before the pandemic and is it likely to remain for years to come as businesses migrate away from legacy IT environments...
Datasheets, Digital Guides, Downloadable Content, Whitepaper: August 21, 2023

The Business Case for Engaging with a Software Asset Management Partner

A Comparison of Cost, Expertise & Efficiency of a Partner v Hiring In-house  As organisations brace themselves for uncertain economic conditions, whilst at the same time trying to find, train and...
Blog: October 7, 2021

Enterprise License Considerations When Adopting Cloud Technology

Gartner published a press release in November 2020 that stated, “The COVID-19 pandemic forced organizations to quickly focus on three priorities: preserve cash and optimize IT costs, support and secure...

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