Are You Prepared for the Software Audit Apocalypse?

Unlike the minuscule odds of the world coming to an end in 18 days, organizations actually have more than a 50% chance that your organization will be audited by one or more of your software vendors in the next 12 months.

Apparently the world is going end on December 21, which is why I decided not to buy Christmas gifts for my family this year. Instead, I’ll spend my money on a lavish trip around the world. Of course, if the world doesn’t end, I am going to be held accountable by a lot of people in my life.

Thoughts about the world’s end got me thinking about the impending Software Audit Apocalypse many organizations face. Unlike the minuscule odds of the world coming to an end in 18 days, organizations actually have more than a 50% chance that your organization will be audited by one or more of your software vendors in the next 12 months.

Gartner recently published a report titled “The Software Vendors That Are Auditing Now and What to Do About It”. In it they found the percentage of clients who had been audited at least once in the past 12 months was 65%, up from 61% in 2010. During a recent LANDesk webinar on software asset management, 61% of attendees said that their organization had been audited in the last two years. Sixty-one percent also plan to invest in a software asset management solution in the next 12 to 18 months.

Software audits have an enormous impact on your business if you are not prepared for them. To prevent failing an audit, many organizations over-spending on software and buy more licenses than they need to ensure compliance. Organizations that under-spend on software become vulnerable for failing an audit and risk decreased end-user productivity as they won’t have the software available for users when they need it. In addition, there’s higher help desk costs analysts will spend more and more time determining what is installed on the users machine before they can help them.

If you are concerned that you will be audited or have already been audited and just want to be more prepared for the next one, LANDesk has software management solutions that you can try for free. Try a free trial of our latest version of our software license management software and our data analytics software to see how they can help you survive the inevitable software audit apocalypse.

 

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