Forescribe Glossary
What is Contract Utilization Insight?
A tool that compares the actual usage of software against the terms and conditions in the contract to ensure that the organization is not over-licensed or under-utilizing their software.
Why it Matters
Provides transparency into whether the organization is using what they paid for, helping to optimize license usage and reduce unnecessary spend.
Benefits
- Tracks contract compliance
- Identifies unused or underused licenses
- Helps optimize license management
- Prevents over-licensing and underutilization
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