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Best of the Best Lists
Home›Best of the Best Lists›Best Software Asset Management Tools

Best Software Asset Management Tools

By Matthew Lynch
September 1, 2023
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Introduction

Software Asset Management (SAM) is the process of tracking and managing software licenses, installations, and usage across an organization. It helps businesses optimize software spending, ensure license compliance, reduce risks, and streamline software procurement and deployment processes. In this article, we will discuss some of the best software asset management tools available in the market.

1. Snow Software

Snow Software is a leading provider of software asset management solutions that help organizations optimize software spending and minimize risks associated with software licensing. It offers complete visibility into your software inventory, usage trends, and ensures license compliance with various vendors. Its well-designed user interface makes it easy to manage and monitor all aspects of your SAM strategy.

Key Features:

– Comprehensive software inventory
– License compliance management
– Cloud-based or on-premise deployment
– Integration with ITSM tools and CMDBs

2. Flexera Software Manager

Flexera Software Manager is an enterprise-grade SAM solution offering advanced features to track, manage, and optimize your software assets. Flexera allows you to track all your licensed assets in real-time while providing actionable insights to reduce costs and maintain compliance.

Key Features:

– Complete visibility into your software and hardware environment
– Detailed reporting on usage trends
– Integration with other IT systems
– Ongoing optimization recommendations

3. ServiceNow Software Asset Management

ServiceNow Software Asset Management is a robust SAM tool integrated with its IT Service Management (ITSM) platform. It provides deep visibility into your organization’s hardware and software assets while simplifying the management process.

Key Features:

– Seamless integration with other ServiceNow modules
– Automated discovery and reconciliation of assets
– Comprehensive reporting capabilities
– Continuous improvement through machine learning insights

4. Ivanti Asset Manager

Ivanti Asset Manager is a comprehensive SAM solution that offers extensive features to manage hardware and software assets efficiently. The tool enables your organization to optimize its resources and gain better control over software procurement and licensing.

Key Features:

– Centralized asset repository
– License compliance monitoring
– Asset lifecycle management
– Customizable dashboards and reports

5. ManageEngine AssetExplorer

ManageEngine AssetExplorer is a powerful, easy-to-use SAM tool that covers everything from software discovery to license compliance. With its simple UI, AssetExplorer is an excellent choice for small to medium-sized businesses.

Key Features:

– Comprehensive asset inventory scanning
– License compliance tracking
– Software usage analysis
– Integration with other ManageEngine products

Conclusion

Choosing the right software asset management tool is vital to ensure proper management of your organization’s software licenses. By evaluating each product carefully and considering your company’s unique requirements, you can select the most suitable SAM solution. The tools mentioned in this article are some of the best in the market, offering a wide range of features to help you manage your software assets efficiently.

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Since technology is not going anywhere and does more good than harm, adapting is the best course of action. That is where The Tech Edvocate comes in. We plan to cover the PreK-12 and Higher Education EdTech sectors and provide our readers with the latest news and opinion on the subject. From time to time, I will invite other voices to weigh in on important issues in EdTech. We hope to provide a well-rounded, multi-faceted look at the past, present, the future of EdTech in the US and internationally.

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