Companies worldwide are becoming increasingly dependent on technology. Technology has the power to supercharge your company’s growth during key quarters. But, it is becoming increasingly complicated to manage how a business harnesses these technologies. Most businesses use multiple enterprise software packages to manage various departments within their organization. This means having to deal with multiple metrics that track and assess your performance and usage, as well as managing your software licenses, and compliance. With software licenses and the associated infrastructure costs being a huge part of their budgets, businesses run the risk of overspending their budgets if the costs associated with the software are not managed properly.
This is why interest in Software Asset Management (SAM) tools is growing amongst business owners and technology leaders. Many companies are now beginning to view SAM as more than a “nice-to-have” asset, but as a “must-have”. ServiceNow, a global cloud computing giant, provides one of the best solutions in the ServiceNow Software Asset Management (SAM) application. The system tracks, evaluates, and manages all your software licenses, compliance requirements, optimizations, and helps you reclaim unused software rights, buy new licenses, and manage allocations. ServiceNow also provides SAM as a core functionality in their ServiceNow ITSM tool and thus allows simple plug-and-play features.
3 Reasons to Choose ServiceNow SAM
ServiceNow provides one of the most deeply integrated SAM solutions in the market today. ServiceNow SAM allows easy implementation and provides multiple connectivity options ranging from mobile devices, critical services, and other popular applications. Here are 3 reasons you should choose ServiceNow for SAM.
1) ServiceNow SAM Architecture
ServiceNow SAM helps you bring together all processes and automate the entire IT asset lifecycle into a single system of record accessible by your whole business. Servicenow SAM helps automate asset provisioning, maintenance and decommissioning while reducing manual errors, shortening delivery time, and keeps a record of everything for an easy audit. ServiceNow Asset Management systematically tracks all your financial, contractual and inventory data for hardware, software, as well as non-IT assets throughout the asset lifecycle. It uses workflows to manage asset requests for approvals, validate entitlements, charge-backs, and provisioning services.
2) Software License Entitlements
Software entitlements allow asset managers to assign or associate an individual or a process with specific purchased software licenses through the use of asset roles. Using SAM, the ServiceNow platform can effectively manage licenses by tracking and resolving license restrictions, software counters or the upgrade and downgrade of licenses.
3) Correlated Benefits of SAM
ServiceNow SAM helps you reduce operating costs by only purchasing licenses as needed as well as buying bulk licenses with discounts by figuring out software needs through advanced analytics. Dedicated compliance measures within ServiceNow SAM ensure that you are always ready for an audit and on top of regulations. SAM solutions also boost your security by offering complete visibility over your network so that it can be tracked and evaluated.
A robust SAM tool like ServiceNow SAM can help your organization reduce software complexities by decreasing costs, improving compliance and simplifying processes for optimum operational efficiency. Ready to optimize your software assets to get maximum ROI from your investment?
ProV is a long-term partner for ServiceNow products and services and, offers a range of SAM services that help manage your software licenses, usage and compliances better so that you get the most out of your investment each time. To get started on your effective SAM journey, take our FREE Consultation today!