There are many reasons why a company should implement an effective software asset management strategy. Often the statutory and legal issues are well understood but businesses are still unaware of the business benefits software asset management offers:

• Give your users exactly the software tools they need to be most productive
• Ensure that you are not over-paying for the software being used or paying for software that is not in use
• Improve planning by knowing when software becomes obsolete and what new software is needed to replace it
• Realise the potential tax benefits associated with forward purchasing of software prior to year end financials
• Increase your purchasing clout with key software partners
• Increase business continuity by not basing critical business functions on unstable unlicensed software
• Greatly reduce the risk of purchasing counterfeit software by using only authorised resellers
• Eliminate the chances of unauthorised copying by users contravening your licensing agreement
• Ease the process of merger and acquisition by ensuring there is no software duplication and that you are not paying for more licenses than you need
• Lower the risks of being caught using illegal software