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We often discuss software asset management on this blog, as it is what we do day in and day out for our clients. What we cannot understand is why, especially in an economic climate like the present, more companies do not realize its importance for both compliance and cost savings. On average 25% of a companies IT budget goes to software. When this software is mismanaged, it can significantly increase the percentage of that budget, cutting into other expenditures and impede the company’s technology performance, and also stall any future implementations needed to accommodate growth.

The benefits of SAM exponentially outweigh costs:

• Financial security from unexpected software licensing costs
• Proper Corporate Governance
• Maximize ROI for technology investments
• Avoid legal fees of non-compliance
• Tax benefits
• Control over software licensing
• Provides increase security against theft
• Helps plan for change within the business

There are many more to list here, but you get the point. There is no negative to a good SAM program. Get on it!

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