Software License Management (SLM) featuresĪs a part of IT asset management, software License Management (SLM) tool empowers you to carry out all the above mentioned activities in just a few clicks and helps keep software licensing issues in your company at bay.

It is important to carefully read and understand the terms of a software license before using the software, and to ensure that the software is used in accordance with the terms of the license. Software non-compliance can have serious consequences, including legal action by the software manufacturer or publisher and financial penalties. Software non-compliance can also occur when a person or organization modifies or redistributes the software without permission or in violation of the terms of the license. This can occur when a person or organization uses software in a way that is not permitted by the license agreement, such as by installing copies of the software on more computers than the license allows or by using the software for commercial purposes without paying for a commercial license. Software non-compliance refers to the failure to adhere to the terms of a software license or the unauthorized use of software. A license management software can also be utilized to notify you about the expiry dates, over-usage or under-usage of licenses using a software metering feature. A software license management tool can assist you in complying with license agreements, i.e., end-user license agreements (EULA). A Software License Management system, part of software asset management, involves software license tracking, documenting, and controlling how and where software is used in your organization. This document usually contains terms and conditions, restrictions, limitations, and disclaimers. A software license is a legal document produced by the software publishers or distributors that provides rules and guidelines on the usage and distribution of the software.

Software license management (SLM) is the process of managing software licenses used throughout the organization from a single console.

Software license manager open source