Unused software licenses can pave the way for unnecessary IT spending, which is a commonly overlooked issue in many IT organizations. Without a proper record or a systematic tracking process in place, IT teams can allow finances to fall through the cracks without even noticing it. Inefficient management of licenses leads to non-compliance, resulting in a huge fine. To combat this, Sivility Systems, with its ITAM best practices approach to IT license management—helps organizations record and manage software licenses, significantly reducing unwanted IT spending and ensuring audit-readiness.