License Management Software

License Management Software Overview

License Management Software tracks software installed throughout the enterprise and ensures legal licensure for its usage. The software may automate scanning, alerting, the procurement of new licenses. It may also uninstall or block the use of unlicensed software. This reduces the risk of fees for illegal use.


Additionally, the software may perform license optimization. This is a cost-saving process where software usage is tracked and aligned with the proper licensure spend. Ensuring the company doesn’t buy too many seats leads to savings, and is touted by vendors as the largest potential benefit of license management. The process is alternately referred to as ELP (for “effective license position”). License management and optimization is an essential element of SAM (software asset management).

Best License Management Software include:

OpenLM for Engineering Licensing and Flexera ONE.

License Management Products

(1-25 of 47) Sorted by Most Reviews

The list of products below is based purely on reviews (sorted from most to least). There is no paid placement and analyst opinions do not influence their rankings. Here is our Promise to Buyers to ensure information on our site is reliable, useful, and worthy of your trust.
KACE Systems Management Appliance (SMA)

Quest now offers the KACE Systems Management Appliance (SMA) as an IT Asset tracking and management appliance (also available as a virtual deployment if hardware requirements are met). Beyond discovery, inventory tracking and license management, KACE emphasizes automating software…

Key Features

  • Software and hardware inventory tracking (11)
    91%
    9.1
  • License management (10)
    83%
    8.3
InvGate Insight

InvGate Insight provides tools to create a unified inventory of all network-connected IT assets, including physical, virtual, and cloud assets on the same platform. Insight is available both as a cloud service or as an on premise installation. Its capabilities include a CMDB builder,…

Micro Focus Asset Management X (formerly HP Asset Manager)

Micro Focus Asset Management X (formerly HP Asset Manager) is enterprise-class IT asset management (ITAM) solution acquired by Micro Focus from Hewlett Packard Enterprise, supporting change and configuration management and license management.

IFS Assyst (formerly Axios Assyst)

IFS Assyst (formerly Axios Assyst, acquired by IFS March, 2021) is an ITSM product in both SaaS and on-premise configurations - the SaaS version is called assystSaaS. This product competes with BMC Remedy, IBM SmartCloud, Cherwell Service Management, and FrontRange ITSM (now Heat…

KACE Asset Management Appliance

KACE Asset Management Appliance (formerly Dell's Asset Manager) from Quest Software is an IT asset management (ITAM) and software asset management (SAM) solution.

Ivanti IT Asset Management Suite

Ivanti IT Asset Management Suite (based on the former LANDesk IT Asset Management Suite) features the IT Asset offering Ivanti Asset Manager, and the Ivanti License Optimizer and Optimizer for SAP applications, which extend the Ivanti ITAM suite to provide software asset management…

OpenLM for Engineering Licensing

OpenLM for Engineering Licensing provides essential engineering software license tracking capabilities and reports. Users can optimize software inventory, helping to stretch expensive software licenses to their limit. Works with a wide range of license managers including Flexera,…

InvGate Assets

InvGate Assets is the IT asset management platform from Argentinian company InvGate.

Snow License Manager

Snow License Manager is a software asset management solution, with options for cloud or on-premise delivery. Snow License Manager is designed to reduce the risk, cost and complexity associated with software assets and licensing. It provides a consolidated view on all assets across…

CA Asset Portfolio Management

CA Asset Portfolio Management, now from Broadcom, aims to help users get more from IT asset investments.

Cherwell Asset Management

Cherwell Asset Management is a software asset management offering from Cherwell Software in Colorado Springs, based on technology acquired with the company Express Metrix in August, 2014.

Flexera FlexNet Manager

The FlexNet Manager Suite from Illinois company Flexera Software is a software asset management solution (SAM), automating license management and optimization for cost reduction or audit protection.

Micro Focus ZENworks Asset Management

Micro Focus ZENworks Asset Management from Micro Focus is an IT asset management and license management option.

IQSonar

IQSonar is a software asset management (SAM) solution from iQuate in South Dublin, Ireland, emphasizing discovery of software assets across a database infrastructure.

Provance IT Asset Management

Provance IT Asset Management is the flagship ITAM solution from Canadian software company Provance, for deployment within Microsoft System Center to improve that program's ITAM and software asset management (SAM) capabilities.

Eracent IT Management Center (ITMC)

Eracent in Ottsville, Pennsylvania offers their IT Management Center (ITMC) suite to provide both ITAM and SAM with license optimization capabilities.

Asset Vision

Asset Vision from Scalable Software is an IT asset management offering.

License4J License Manager

License4J License Manager supports the generation of license text, license key, and floating license text. This solution stores all products, templates, licenses, and settings in a database. The database can be on a local embedded Derby database or on database servers such as: MySQL,…

License4J Auto License Generation and Activation Server

License4J Auto License Generation and Activation Server is a web application to handle license generation, auto activation/deactivation, online key validation and blacklist check requests.It is a simple web application which includes all licensing jobs starting…

SoftwareKey Licensing System

SoftwareKey Licensing System is a copy protection, license management, and online sales automation platform.

Revenera Compliance Intelligence

Compliance Intelligence detects, identifies, and reports on organizations using software without paying for it. Infringements are transformed into actionable leads for these software providers' sales and compliance team through its proprietary federated database system. Leads are…

Belarc BelManage

Belarc headquartered in Maynard offers BelManage, an IT system management tool emphasizing the discovery phase of software asset management (SAM) and with Belarc Data Analytics is used for license management, configuration management and hardware IT asset management (ITAM) as well.…

DeskCenter Management Suite

DeskCenter Solutions, a German company, offers the DeskCenter Management Suite, a combined ITAM / SAM solution which also provides software patching, and mobile device management (MDM) as well.

License Dashboard License Manager

License Dashboard headquartered in York offers License Manager, a license management solution.

SoftwareONE SAMSimple

SoftwareONE headquartered in Switzerland offers SAMSimple, the company's software asset management service, for managing a suite of applications, across a wide variety of industries, combining expertise and technology to optimize licensing spend.

Learn More About License Management Software

What is License Management Software?

License Management Software tracks software installed throughout the enterprise and ensures legal licensure for its usage. The software may automate scanning, alerting, the procurement of new licenses. It may also uninstall or block the use of unlicensed software. This reduces the risk of fees for illegal use.


Additionally, the software may perform license optimization. This is a cost-saving process where software usage is tracked and aligned with the proper licensure spend. Ensuring the company doesn’t buy too many seats leads to savings, and is touted by vendors as the largest potential benefit of license management. The process is alternately referred to as ELP (for “effective license position”). License management and optimization is an essential element of SAM (software asset management).

License Management Software Features & Capabilities

To achieve licensure optimization, license management software offer the following:

  • Automated commercial software recognition

  • License expiry tracking and alerting

  • License compliance gap alerting

  • License reconciliation (reallocation of licenses, acquisition)

  • Unauthorized software alert

  • Bulk notification of unauthorized software, license change

  • Stakeholder notification of pending renewal

  • Identification of license types (e.g. trial, OEM, named user, etc.)

  • Tracking licenses installed

  • Tracking licensure entitlements

  • Comparing installations to entitlements for ELP

License Management Software Comparison

When choosing a license management solution, there are a few factors you should consider to choose the right software for your organization.

Legal Protections: Some license management solutions include features to automatically uninstall or block unlicensed software. This can be useful for preventing legal issues.

Alerting: Many license management tools include alerts when licenses are near lapsing. If you don’t already have tools for renewing licenses, this is a key feature.

Pricing Information

License management software is most often offered as part of a suite. It may be acquired in a software asset management (SAM) suite, an ITSM suite, or an ITAM suite. SAM or ITAM suites tend to carry a higher price tag as they may be oriented to the needs of large enterprises. Pricing varies directly with the number of employees and the complexity of IT infrastructure.

Frequently Asked Questions

What businesses benefit most from license management solutions?

Almost all businesses use software licenses, so most can benefit from a tool to manage them. That said, the more license users you have, and the more tools you are licensed for, the more essential a license management solution is.

Are there free or open source license management solutions?

There are no free fully featured license management solutions, though they are often offered as part of larger software packages.

What are the key benefits of license management solutions

The main benefit of license management is time saved. Rather than handling license renewing and application to users manually, these processes can be automated. A license management solution can also help provide legal protections by ensuring you don’t use lapsed licenses.