KPMG and Flexera Partners to Improve Software License Management for Enterprises
FREMONT, CA: KPMG – an Audit, Tax and Advisory service firm – and Flexera Software, a provider of software license optimization service, announces their alliance to offer Software Asset Management and License Management software and services to enterprise clients. The collaboration helps companies to improve their operational capability, manage their software license estate, optimize budgets to purchase and reduce compliance risk.
Flexera’s Software License Optimization solution will be integrated into KPMG’s existing offerings with ServiceNow to give IT asset management solution.
A study conducted by Flexera on software audits and compliance risks reveals many organizations possess software license agreements that are non-compliant and inactive. These dormant softwares, known as ‘Shelfware’ poses a significant business risk as most companies researched are assessed ‘true-up bills’ that costs, in some cases, more than $1M.
“Effective license management requires top-notch people, processes and technology,” says Jim Ryan, COO, Flexera Software. “Flexera Software’s market-leading Software License Optimization solution and KPMG’s high-quality service offerings provide a one-stop-shop for organizations seeking to reduce waste and risk in their enterprise software investments to help ensure they’re only buying what they need and using what they have.”
This partnership aggregates KPMG’s contract compliance experience and methodologies with Flexera’s FlexNet Manager Suite for Enterprises to consumers manage their software assets including budgets. The benefits of this alliance will be: increased visibility for clients into software application deployment, entitlement and usage; strengthen contract negotiations with vendors; reduce risk of software compliance audits; and gain control of software with repeatable, automated leading practice software asset management processes.
“KPMG has a dedicated network of hundreds of software licensing and Software Asset Management professionals around the globe, and our alliance with Flexera Software allows us to help clients effectively manage their IT software budgets and more accurately plan for future needs,” says Paul Baguley, Principal, Contract Compliance, KPMG.