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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

Achieve comprehensive oversight of your software and IT asset environment. This capability enables you to cut expenses and mitigate risks associated with software entitlements, usage, deployment, decommissioning, and overall compliance. By merging all licensing entitlements from enterprise agreements, purchases, and additional records, you can ensure adherence to software compliance and lessen the likelihood of audits. Moreover, it assists in pinpointing underutilized software licenses, suggesting effective strategies for license harvesting and reassignment. You have the ability to reconcile contracts, purchase data, and entitlement details with standardized inventory information, which is essential for maintaining accurate records. This tool also allows you to monitor evolving software license structures effectively. Additionally, it features a user-friendly shopping catalog tailored for end users. By enhancing visibility into your organization’s software licenses across on-premise, cloud, and SaaS platforms, you can easily identify programs that are not in use. Finally, it streamlines the process of calculating license usage and automatically reconciles Effective License Position (ELP) reports, ensuring that your software management is both efficient and compliant.

Description

The primary motivation for SAM audits is financial gain, with vendors aiming to generate 30% of their profits from these yearly evaluations. Consequently, the frequency of audits has increased, as evidenced by a Gartner survey indicating that 66% of companies have experienced audit requests. VeraTrust offers a comprehensive visual representation of the licensing landscape along with audit reports that facilitate reconciliation, assessment, and SAM self-audits. Beyond merely conducting audits, this process helps organizations regain authority over their software assets and harness the potential to turn inefficiencies into innovative solutions. VeraTrust utilizes a blockchain-based infrastructure to accurately track software license assets between customers and vendors, effectively minimizing audit disputes and compliance challenges. This access to blockchain records not only enhances the visibility of the licensing landscape but also enables the generation of detailed audit reports for thorough evaluation and self-assessment. Ultimately, this approach serves to thwart the occurrence of unanticipated hard audits imposed by software vendors, fostering a more transparent and manageable software compliance environment. By prioritizing effective license management, businesses can also focus on leveraging their software investments to drive growth and innovation.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Amazon Web Services (AWS) Yes 
Google Cloud Platform Yes 
Microsoft Azure Yes 
Oracle Cloud Infrastructure Yes 

Integrations

Amazon Web Services (AWS) No 
Google Cloud Platform No 
Microsoft Azure No 
Oracle Cloud Infrastructure No 

Pricing Details

$5 per user per month
Free Trial Yes 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises Yes 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac Yes 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Neocor Technologies

Founded

2020

Country

United States

Website

www.neocor.io

Vendor Details

Company Name

LevelBlox

Founded

2008

Country

United States

Website

levelblox.com/veratrust/

Product Features

IT Asset Management

Asset Tracking Yes 
Audit Management Yes 
Compliance Management Yes 
Configuration Management No 
Contract/License Management Yes 
Cost Tracking Yes 
Depreciation Management Yes 
IT Service Management Yes 
Inventory Management Yes 
Maintenance Management No 
Procurement Management Yes 
Requisition Management Yes 
Supplier Management Yes 

License Management

Automatic SKU Recognition Yes 
Central LM Server Yes 
Copy Protection Yes 
History Tracking Yes 
Node Management No 
Online Activation Yes 
Portable License No 
Sarbanes-Oxley Compliance Yes 
Timing Rights Yes 
Trial License No 

Product Features

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