Entitlement inaccuracy & missing renewals could do damage
Having proper data and analytics is one of the largest challenges facing organizations today, and a poor Digital Supply Chain can make that even harder to accomplish. Entitlement data specifically is one of the biggest pain points in maintaining Software Asset Management (SAM), which is one half of the duo that makes up SLM. With a poor Digital Supply Chain, there aren’t any mechanisms to auto capture and normalize entitlement data, which can lead to a slew of issues. Organizations may end up with missing versions and editions of software, incorrect license types, manual creation of licenses, and improperly linked applications.
The other half of the SLM duo is procurement. Your procurement team should always stay on top of upcoming renewals. A poor DSC chain may lead to your procurement team missing a renewal due to a lack of visibility and monitoring. This could cause your organization to face several roadblocks. First, you could get hit with a few penalties. Second, you’ll have limited time to plan and prepare for contract negotiations. Missing a renewal leads to overspending and missed opportunities to co-terminate contracts and drive overall efficiency.