In this modern era, the professional industry adapted to technology. Businesses operate using electronic devices and software. Corporate entities usually use various software. Of course, this software has license agreements during purchase. To ensure compliance of licenses, you will need license management software. You can continue reading below to see our recommendations.


12+ License Management Software

1. Manage Engine

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Rating: 4.8/5

Price: $1195/Month

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2. SolarWinds

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Rating: 4.6/5

Price: $19/Month

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3. KACE Systems Management

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Rating: 4.4/5

Price: $1.85/Month

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4. OpenLM

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Rating: 5/5

Price: $1980/Year

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5. AssetSonar

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Rating: 5/5

Price: $62.99/month

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6. Universal Type Server

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Rating: 4.8/5

Price: $2450/Year

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7. Freshservice

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Rating: 4.6/5

Price: $19/Month

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8. Reprise License Manager

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Rating: 5/5

Price: $149/Year

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9. Alloy Navigator

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Rating: 4.5/5

Price: $19/Month

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10. EZOfficeInventory

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Rating: 4.6/5

Price: $35/Month

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11. InvGate Assets

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Rating: 4.7/5

Price: Free

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12. LicenseSpring

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Rating: 4.9/5

Price: Free

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13. SafeGuard LM

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Rating: 4.8/5

Price: $250/Year

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What is License Management Software?

One of the valuable assets in companies is software. Purchasing software requires agreements you will need to comply with. Checking software compliance is the job of the IT team. Ensuring that the company is compliant can be challenging. That is why experts developed license management software to help the IT team assess license agreements and acquire accurate data analysis. It is a technological tool offering multiple advanced features and functionalities. With this tool, you can rest easy and improve quality and productivity.

Benefits

License management software provides multiple benefits and advantages to your company, unlike manual methods, which are effort and time-consuming. On top of that, manual processes are prone to overlooks and errors. On the other hand, license management software untangles complexities. It enables automation and comprehensive dashboards to improve your decisions.

Features

Before buying the software that caught your interest, it is crucial to know its components, such as the features and functionalities. Features and functionalities are factors allowing software to excel from the rest. As you know, not all software has the same advancement level. You might choose software that can’t satisfy your expectations. That is why it is advisable to research to collect data about the pros and cons of the software. You can read reviews or try free trials and versions available on the market. The following are features you should consider in your research:

Top 10 License Management Software

1. SolarWinds

SolarWinds includes email management, knowledge base management, performance metrics, workflow management, and more valuable features. SolarWinds has annual revenue of a billion dollars and 2,818 employees.

2. KACE Systems Management

KACE from Quest Software includes issue auditing, inventory management, patch management, and more innovative features. Quest Software has annual revenue of $832 million and 3,500 employees.

3. Freshservice

Freshservice from Freshworks includes customizable branding, knowledge management, a self-service portal, feedback management, and more innovative features. Freshworks has annual revenue of $338.5 million and 4,149 employees.

4. Universal Type Server

Universal Type Server from Extensis includes compliance management, reporting/analytics, trial license, and more logical features. Extensis has annual revenue of $18.7 million and 129 employees.

5. Manage Engine

Manage Engine includes application security, approval process control, compliance management, license tracking, and more advanced features. ManageEngine has annual revenue of $18.4 million and 127 employees.

6. Reprise License Manager

Reprise License Manager includes copy protection, license tracking, portable license, product activation, and more logical features. Reprise Software has annual revenue of more than $5 million and more than 25 employees.

7. OpenLM

OpenLM includes user activity monitoring, trial license, license management, server monitoring, license tracking, and more helpful features. OpenLM has annual revenue of $4.8 million and 33 employees.

8. EZOfficeInventory

EZOfficeInventory includes audit management, budget tracking/job costing, calibration management, fixed asset management, and more advanced features. EZOfficeInventory has annual revenue of $3.3 million and 23 employees.

9. AssetSonar

AssetSonar from EZOfficeInventory includes audit management, incident management, supplier management, procurement management, and more contributive features. EZOfficeInventory has annual revenue of $3.3 million and 23 employees.

10. Alloy Navigator

Alloy Navigator includes assignment management, automated routing, call center management, inventory optimization, and more contributive features. Alloy Software has annual revenue of $1.7 million and 12 employees.

FAQs

What are licenses?

Licenses have different purposes. Although distinctive, licenses have the same goal. A license is an agreement document that entails the permission of the authorities for a particular purpose. It includes driver’s license, construction project license, business license, and more. It is a crucial material serving as proof that you can execute your projects or business.

What is the purpose of software asset management?

Assets are valuable to companies, including software. The software serves as an asset to most companies as it allows users to improve productivity and ensure quality assurance and operational efficiency. Since the software can be expensive and has agreements to comply with, this is the part of software asset management (SAM) to perform its duties. It helps you evaluate critical software factors and guarantee compliance and quality management.

What are the benefits of managing an application portfolio?

IT team are the ones to evaluate application and software assets and determine whether it is relevant or irrelevant. Since assessing that might get pretty hectic, the IT department will need a solution that offers visibility and accurate data. Application portfolio management has various benefits, including IT costs reduction, application rationalization, IT agility, and more.

Incidents such as overlooks and noncompliance are not unusual. It is crucial to follow license agreements to avoid breaching accordance and a bad reputation. You’ll need the best technology partner because traditional tactics won’t make it in the new world. You can choose from our license management software recommendations. With this tool, you can enhance your productivity and management.


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