A Software License is an instrument that governs the use and redistribution of the software. It exists in the form of an agreement between the Software Vendor and the purchaser of the software. The license details contains information like expire date of the license, terms and condition of usage of total asset allocation, etc.
The robust Software License tool aims to streamline all the related processes. Using this tool, you can manage the license usage, track compliance violation, and receive the compliance related notifications.