License audits are an unfortunate reality of purchasing software. Avoid a painful process resulting in hundreds of thousands (or even millions) of dollars in costs and penalties with a structured approach to preventing, responding to, and defending against an audit. A failed audit can result in punitive fines and injunctions that disrupt continuing operations. Effective asset management practices can help reduce the risk of adverse findings.
Use this blueprint to help you:
- Take preventative measures to reduce the risk of an audit
- Prepare documentation in advance
- Scope the audit
- Conduct the audit and avoid scope screep
- Manage audit logistics to minimize business disruption
- Dispute unwarranted findings
- Continuously improve your audit preparedness plan