A quick Google search shows that many users still rely on Excel for software license management, especially in forum discussions. However, a 2023 article from Techradar highlighted a major disconnect: “Surveying six million customers across nine industries and 12 regions, Nexthink examined over 30 popular software tools and found that 50% of all licenses were not being used.” This data underscores a significant gap between the software companies purchase and what they actually use.
Managing software licenses in Excel is a labor-intensive process. Tracking key details like expiration dates, purchase data, and departmental assignments can be cumbersome and error-prone.
To simplify this, Tangent created Cubes, a software solution designed to streamline license management. Cubes enables easy migration of license data by connecting directly with vendors like CDW and Dell and supports quick uploads of existing spreadsheets. Its AI-powered tool automatically maps uploaded spreadsheet data to the correct fields, even if your column headers differ—like matching a “software name” labeled as “name” in your spreadsheet to the correct field in Cubes.
Streamlining Your Workflow
Cubes was built to reduce your workload through automation. It allows you to upload and transfer spreadsheets with ease and set up automated, year-to-year software inventory management. For instance, if your company uses Microsoft Teams regularly, you know it will renew annually with minimal changes. Cubes can auto-generate new software records monthly, annually, or at custom intervals. Additionally, it includes payment link capabilities, letting you quickly navigate to payment sites when a software license is nearing expiration.
Efficient Inventory Management
From a single dashboard, you can view all company licenses and their total cost, with options to filter the data by department, vendor, or software name. For example, if you need to see the total cost of software licenses used by the IT department, you can easily access this data within Cubes.
While Excel might have been a reliable tool for list management in the past, modern software management requires a more efficient approach. Advanced license management software like Cubes offers a simple, cost-effective way to manage software license data in today’s fast-paced environment.
Try Cubes today, it’s free.
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