What is a primary purpose of a Software Asset Management policy?

The primary purpose of a Software Asset Management (SAM) policy is to provide guidelines on software asset management. This policy serves as a framework that outlines the procedures and practices an organization should follow to effectively manage its software assets throughout their lifecycle. These guidelines help ensure compliance with licensing agreements, optimize software usage, and minimize costs related to software procurement and maintenance.

By establishing clear guidelines, organizations can improve their overall management of software assets, which includes aspects such as inventory management, license compliance, risk management, and strategic planning for future software needs. This structured approach aids in making informed decisions regarding acquisitions, renewals, and dispositions of software, ultimately supporting an organization’s operational and financial goals.