ISAM Blog | Expert Insights & Tips on Software Asset Management

SAM for Savings: Busting Myths About Software Asset Management

Written by Phil Emery | Apr 11, 2024 9:37:08 PM

Software Asset Management (SAM) stands as both highly utilized and greatly misunderstood in today's IT landscape. With a history spanning approximately three decades, SAM carries a baggage of misconceptions and mystique, often discouraging organizations from embracing an effective SAM program. Let's debunk some common myths surrounding SAM and reconsider their validity.

 

Myth 1: SAM is Just About Compliance

This age-old myth dates back to the inception of software asset management. While it's undeniable that maintaining compliance with vendors and avoiding audit penalties are key drivers for developing a mature SAM program, there's much more to it. A well-established SAM program not only ensures compliance but also optimizes license usage, leading to cost-effective software implementation. Moreover, it plays a vital role in the overall IT asset lifecycle, aiding in migration, decommissioning, and license harvesting processes. By accurately assessing progress and success, SAM prevents unnecessary expenditure on licenses, maximizing organizational efficiency and savings.

 

Myth 2: Audits Are Rare, so SAM Isn't Necessary

This common misconception is often voiced by potential clients, only for them to be blindsided by a deluge of audit notices shortly after. Audits can be triggered by various factors, such as vendor regime changes or significant reductions in renewals. Gambling on the assumption that audits won't occur is a risky game that can lead to hefty settlements. Implementing a mature SAM program serves as a preemptive insurance policy against audits, whether anticipated or unexpected. Regularly drilling your SAM team and organization with quarterly license assessments and pre-audit exercises ensures preparedness for when, not if, the audit notices arrive.

 

Myth 3: SAM Takes Too Much Time to Implement

SAM is often perceived as a time-intensive process, and admittedly, it does demand upfront investment to establish effective procedures and workflows. However, once a mature SAM program is implemented, it streamlines operations significantly. Improved communication channels and routine reporting maintenance minimize last-minute rushes before renewals, true-ups, or audits. Proactively ensuring accurate information is readily available can slash the time spent internally discussing and reconciling data by up to 90%, sparing executives from scrambling during renewal negotiations. With an optimized license position in hand, they can approach negotiations confidently and ahead of schedule.

 

Myth 4: SAM Requires Buying Expensive Tools

There's a misconception that Software Asset Management (SAM) necessitates investing in pricey software tools. While there are indeed numerous advanced SAM tools available, purchasing them isn't a mandatory step. Many organizations already have effective methods for tracking software in place, scattered across various departments. The challenge lies in consolidating and standardizing these practices throughout the organization. Some might perceive using spreadsheets for this purpose as outdated, but they often serve as a practical and budget-friendly solution. What truly matters is ensuring your processes are consistent and sustainable, rather than splurging on flashy tools.

 

Save Money and Increase Efficiency with ISAM

Discover how a mature Software Asset Management program can swiftly unlock significant time and cost savings for your organization. In just a few months, ISAM can guide you towards optimizing your software estate, ensuring you spend less time and money on management. Contact us today to embark on this transformative journey.