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ARTICLE · 14 MARCH 2014

The Benefits Of Software Self-Audit

Many companies faced with software compliance issues will choose to perform their own audit in advance of a formal audit by the publisher.

United StatesMedia, Telecoms, IT, Entertainment

Many companies faced with software compliance issues will choose to perform their own audit in advance of a formal audit by the publisher and/or include self-audit as a regular part of their risk management and internal control policies.  Some of the benefits to doing this are:

  • Managing the pace and depth of the audit
  • The ability to plan which publishers or technologies to audit
  • Choosing the best time during the year to perform the audit so as to be least disruptive to operations
  • Enhancing internal controls and procedures as a result of the audit findings
  • Reduction in unplanned audit expenses or fines
  • Peace of mind

 A company desiring to maintain healthy software licensing controls should consider self-audit as a viable means of managing this increasingly prevalent risk and it is recommended that it contact a firm familiar with the audit process to assist them.

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