LicenseWatch Software License Manager
LicenseWatch Software License Manager has the leading edge when it comes to interpret ting software paper contacts, software invoices, software leases, etc. into an electronic format which can be used by the Software Asset Management system.

LicenseWatch supports 99% of all types of software contracts, including the following software license types:

• Perpetual
• Per User
• Per Workstation
• Per Department
• Per Country
• Per Project
• Multi Licenses for a single user
• Concurrent Usage
• Enterprise (Site Licenses)
• Subscription or rental
• OEM

Software Lifecycle Management
LicenseWatch supports the ITIL process for Lifecycle Management, and enables the administrator to follow a specific application from the initial first procurement, through the upgrade to a newer version and the final outdating of the product. This is 100% in compliance with Sarbanes-Oxley and Basel II regulations.

--------------------------------------------------------------------------------

Software upgrade and downgrade management
LicenseWatch Software License Manager have full support for software license types, which by the software vendors terms & conditions allow for the use of an older version of a specific software application even when the organization have upgraded to a newer version 5.5 of the application.

In this example the organization upgraded all applications of type X to the latest version 5.5. They purchased 10 upgrades. 7 users are working with the latest version 5.5 and 3 users is using an older version 2.5. From the software vendors terms & conditions – An end user is allowed to use older versions of the software when they have upgraded to a newer version.

LicenseWatch software rules interpret the 10 purchased software licenses; in compliance even if 3 of the applications is older versions.

LicenseWatch Compliance
LicenseWatch includes the most powerful compliance reporting for any Software Asset Management solution on the market. The compliance reports can be made on any level within the organization and does not only show the actually compliance but also the total cost of running a specific application.

In the example below software licenses for a specific application was procured to individual departments. Overall the company is in compliance with this specific application, but drilling down in the individual departments shows that several departments are out of compliance.

Advanced search functionality
The search functionality enables the administrator to easily drill down in any types of software information. This includes:

• Software Application
• Manufacturer
• License type
• Supplier
• License Agreement
• Purchase date
• Global Search
• Number of Licenses
• Allowed installation per user
• License expiration date
• Price
• Search on any user defined fields.

LicenseWatch Software License Manager benefits:

• Do we have too few or too many software licenses compared to our installation? On which contracts are our software purchased?
• From which software vendors should we buy our software?
• Which agreements do we have?
• What are the differences between the amount of installed/used software licenses and number of purchased software licenses?
• Contract and investment analysis.
• Compliance status and reporting.
• Purchase control of software licenses.
• LicenseWatch Software License Manager works as a plug-in for Microsoft System Management Server 2003. See more about this topic LicenseWatch SMS Option.
• In combination with LicenseWatch Notification, any alarm types can be setup to notify the administrator.
• In collaboration with the module LicenseWatch Metering Passive the administrator will have the ability to monitor the difference between the actual amount of licenses purchased and actual software usage.