What can an organization achieve by improving compliance through Software Asset Management?

Improving compliance through Software Asset Management (SAM) leads to legal protection and reduced penalties, which is a significant benefit for organizations. By effectively managing software assets, organizations can ensure they are using software according to licensing agreements and legal requirements. This proactive approach minimizes the risk of audits by software vendors that could result in financial penalties or other legal repercussions for non-compliance.

When an organization demonstrates compliance, it builds trust with software vendors and partners, potentially avoiding costly fines and legal battles. Additionally, being compliant protects the organization from negative publicity that can arise from software licensing violations, thereby safeguarding its reputation in the industry.

Improving compliance does not directly correlate to higher revenue from software sales or an increase in employee retention rates, as those outcomes are influenced by different factors. Similarly, while better compliance practices can contribute indirectly to customer perceptions, they do not immediately translate to improved customer feedback scores. Therefore, emphasizing legal protection and reduced penalties through SAM is a key outcome of effective compliance efforts.