Would knowing your software license renewal dates in advance help you plan better? With LAMUM’s expiration alerts, you can be notified 30 or 60 days before a renewal is due. This gives you the time to:
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Analyze your needs based on actual usage, averages, trends, and denial reports.
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Prepare your negotiation strategy with the vendor.
Being well-prepared for renewals can help you save significant costs and establish clear purchasing priorities.
Simplify Complex License Management
If you are responsible for managing CAD inventory, maintaining vendor and contact details, generating reports, setting up user dashboards, managing alerts, or preparing renewal recommendations, you know how time-consuming it can be.
A solution like LAMUM (License Asset Manager with Usage Monitoring) simplifies this process. It centralizes all your license information and provides real-time insights. Many of our clients report saving up to 20% on EDA and engineering software by using LAMUM to automate tracking and renewals.
Know What to Monitor and Why
Which applications do your engineers use the most? Are there software tools that consistently face license shortages? Or perhaps others that go underused?
LAMUM gives you the visibility to monitor all engineering tools, from CAD and CAE to PLM and EDA software. This allows you to make informed decisions about whether to purchase more licenses or optimize what you already have.
Prove the Value of Your Software Investments
Would you like to justify purchasing additional CAD or CAE software to management? Without detailed reporting, it can be difficult to demonstrate the return on investment. LAMUM provides data-driven reports that help you prove the value of new software purchases or renewals based on real usage and team needs.
Be Ready for Budget Season
Budget discussions often come quickly, and being unprepared can lead to missed opportunities. LAMUM helps you plan ahead by providing accurate renewal forecasts and detailed insights into spending patterns.
When you know exactly what you own, how it’s used, and what renewals are coming up, you can plan budgets confidently and strategically.
Comprehensive Renewal Reports
LAMUM’s reporting capabilities include renewal summaries with:
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Expected renewal cost by vendor for any time period
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Expected renewal cost by application or tool
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Expected renewal cost across all vendors for any given period
These insights make it easier to prioritize renewals, negotiate better terms, and manage vendor relationships effectively.
The Value of Using LAMUM
The more functionality you use in LAMUM, the more value you gain. Whether you need license inventory management, usage optimization, proactive renewal management, or improved uptime visibility, LAMUM is designed to make your job easier and your decisions smarter.
And the best part? The cost of LAMUM remains the same no matter how much functionality you use. It’s a single solution that continues to deliver value as your needs grow.
