5 Benefits of License Management in LAMP

Vendors are constantly changing the way they license their hardware and software, so it’s more important than ever for businesses to effectively manage licensing in addition to their maintenance contracts. With that in mind, LaSalle has added license tracking in LAMP.

Here is a list of the top five benefits of license management using LAMP.

1. Optimize license tracking

LAMP provides you with complete visibility of your licenses and the tools you need to manage them. You can filter your licenses the way you want based on the information most relevant to your organization, such as location, serial number, license end date, etc. Track licenses individually or consolidate them into a single list view to ensure an accurate license count.

2. View associated contracts

When tracked and managed separately, it is easy to lose track of contracts associated with each license. But with both contract and license tracking in LAMP, you get a complete view of your assets. LAMP gives you full visibility into the contract information associated with your licenses, including contract number, annual costs, contract end dates, vendor, location and serial number.

3. Track end of life

With license management in LAMP, you can keep track of all of your end-of-life dates, including end of support, end of sale, end of service attachment, end of software maintenance, end of service contract renewal and warranty end dates. LAMP also enables customizable alerts to ensure that you are aware of any licenses nearing expiration so you can plan ahead for renewal.

4. Control costs

With all of your license information available in LAMP, you can make informed decisions to avoid unnecessary spending. Overspending and underspending are common consequences of poor license management, but LAMP can help you avoid these pitfalls by providing you with a transparent view of what you have vs. what you need. End-of-life alerts will help you plan ahead and better budget for the future to avoid penalties and safeguard against noncompliance.

5. Ensure compliance

LAMP’s license management capabilities combine into a single toolset designed to monitor and ensure compliance. By staying up-to-date on license end dates with advance notifications, you can avoid unexpected issues when it’s time to renew or terminate. We provide peace of mind knowing that your licenses have been tracked from purchase through termination and reduce the pain and penalties of non-compliance by reconciling your purchased licenses against your installation records.