Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Achieve comprehensive oversight of your software and IT asset environment. This capability enables you to cut expenses and mitigate risks associated with software entitlements, usage, deployment, decommissioning, and overall compliance. By merging all licensing entitlements from enterprise agreements, purchases, and additional records, you can ensure adherence to software compliance and lessen the likelihood of audits. Moreover, it assists in pinpointing underutilized software licenses, suggesting effective strategies for license harvesting and reassignment. You have the ability to reconcile contracts, purchase data, and entitlement details with standardized inventory information, which is essential for maintaining accurate records. This tool also allows you to monitor evolving software license structures effectively. Additionally, it features a user-friendly shopping catalog tailored for end users. By enhancing visibility into your organization’s software licenses across on-premise, cloud, and SaaS platforms, you can easily identify programs that are not in use. Finally, it streamlines the process of calculating license usage and automatically reconciles Effective License Position (ELP) reports, ensuring that your software management is both efficient and compliant.
Description
The primary motivation for SAM audits is financial gain, with vendors aiming to generate 30% of their profits from these yearly evaluations. Consequently, the frequency of audits has increased, as evidenced by a Gartner survey indicating that 66% of companies have experienced audit requests. VeraTrust offers a comprehensive visual representation of the licensing landscape along with audit reports that facilitate reconciliation, assessment, and SAM self-audits. Beyond merely conducting audits, this process helps organizations regain authority over their software assets and harness the potential to turn inefficiencies into innovative solutions. VeraTrust utilizes a blockchain-based infrastructure to accurately track software license assets between customers and vendors, effectively minimizing audit disputes and compliance challenges. This access to blockchain records not only enhances the visibility of the licensing landscape but also enables the generation of detailed audit reports for thorough evaluation and self-assessment. Ultimately, this approach serves to thwart the occurrence of unanticipated hard audits imposed by software vendors, fostering a more transparent and manageable software compliance environment. By prioritizing effective license management, businesses can also focus on leveraging their software investments to drive growth and innovation.
API Access
Has API
API Access
Has API
Integrations
Amazon Web Services (AWS)
Google Cloud Platform
Microsoft Azure
Oracle Cloud Infrastructure
Integrations
Amazon Web Services (AWS)
Google Cloud Platform
Microsoft Azure
Oracle Cloud Infrastructure
Pricing Details
$5 per user per month
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Neocor Technologies
Founded
2020
Country
United States
Website
www.neocor.io
Vendor Details
Company Name
LevelBlox
Founded
2008
Country
United States
Website
levelblox.com/veratrust/
Product Features
IT Asset Management
Asset Tracking
Audit Management
Compliance Management
Configuration Management
Contract/License Management
Cost Tracking
Depreciation Management
IT Service Management
Inventory Management
Maintenance Management
Procurement Management
Requisition Management
Supplier Management
License Management
Automatic SKU Recognition
Central LM Server
Copy Protection
History Tracking
Node Management
Online Activation
Portable License
Sarbanes-Oxley Compliance
Timing Rights
Trial License