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).

License Management Products

(1-25 of 59) 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.

Device42

Device42 is a comprehensive, agentless discovery system for Hybrid IT. Device42 can continuously discover, map, and optimize infrastructure and applications across data centers and cloud, in order to provide an accurate views of the IT ecosystem. Device42 intelligently groups discovered…

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)
    85%
    8.5
  • Asset lifecycle monitoring (9)
    77%
    7.7
  • License management (10)
    70%
    7.0
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…

Micro Focus Asset Management X

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.

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.

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.

IFS 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…

Ivanti Neurons for ITAM

Ivanti Neurons for ITAM (formerly Ivanti IT Asset Management Suite) consolidates IT asset data and lets users track, configure, optimize and strategically manage assets through the full lifecycle. The solution's configurable design helps users define and follow workflows or implement…

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,…

Vyapin Office 365 Management Suite

Automated Office 365 Solution for Administration, Governance, Security and Compliance. Vyapin Office 365 Manager is an O365 solution that bridges the gaps in native Office 365 Portal to manage Users, Groups, Licenses, and Permissions.

TrackMySubs

TrackMySubs is a subscription tracking tool for digital entrepreneurs, to manage subscription licenses before they hit the credit card.

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,…

CA Asset Portfolio Management

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

InvGate Assets

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

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.

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.

Certero for Enterprise SAM

Certero for Enterprise SAM is a software asset management and license optimization solution.

Reprise License Manager

Reprise Software in San Jose offers Reprise License Manager (RLM), designed to present all the features needed and expected from an enterprise-class license manager, while remaining familiar and easy to administer, either on premises or in the cloud.

Zentitle by Nalpeiron

Zentitle by Nalpeiron in Palo Alto is a cloud-based licensing platform for enterprise ISVs, delivering an array of license models including subscription, floating, consumption, and feature-based, supporting a smooth customer experience from trial through to paid, to renewals and…

Substly

Substly provides a businesses a subscription usage overview that aims to save money and effort Subscription-based business models were created to make users spend more. And there is a reason that most vendors move toward that type of business model – it works! Substly helps companies…

Snow Optimizer for SAP Software

SAP often represents an organization’s largest single IT cost. So Snow Optimizer for SAP Software provides a consolidated view of detailed usage across an SAP estate. With the visibility to optimize and manage SAP deployments, administrators can manage contracts centrally, and take…

Revenera Software Monetization

Reveneras monetization platform offers flexible implementations to help you launch new business models, protect your IP and reduce the risk of revenue loss. The platform supports all processes to manage and monetize digital products: Software Licensing, Software Delivery, Usage…

KEYZY

KEYZY is a cloud-based software licensing manager that helps software vendors monetizing their software products. KEYZY runs on cloud servers so, software vendors do not have to manage servers. Also, KEYZY supports perpetual, subscription, and trial software licensing models.

LicenseFortress

LicenseFortress is an all-in-one solution to managing your Oracle licensing.

Netformx Application Suite

Netformx helps Cisco Partners sell and renew Cisco subscriptions and services and to increase their profitability from Cisco programs. Their applications support Cisco Partners throughout the customer lifecycle. Partners receive automation and simplification tools designed to reduce…

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.

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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.