Usage records track and show usage for which time periods?

Usage records are essential for managing software assets as they provide insights into how software is utilized over time. Tracking usage on a monthly basis allows organizations to compile comprehensive data that reflects software usage trends, licensing needs, and compliance with agreements over a meaningful period. This timeframe is long enough to capture fluctuations in usage, seasonality, and any strategic changes within the organization while being manageable for reporting and analysis.

A monthly perspective helps in identifying patterns such as peak usage times or underutilization of software licenses. It informs decisions about renewals, cost management, and software optimization. Moreover, having a monthly overview enables companies to align their software expenditures with actual usage, ensuring that they allocate resources effectively and avoid unnecessary expenses.

While tracking usage weekly, daily, or quarterly can be beneficial in certain contexts, the monthly approach balances the need for timely data with the ability to gather sufficient information for thorough analysis, making it the most effective choice for monitoring software usage over time.