Received an unexpected Oracle Audit letter? Help is at hand.

Gartner’s recent report on ‘Software Vendors That Are Auditing Now and What to Do About It’ reveals that 65% of respondents reported at least one vendor audit in the previous 12 months; up from 61% the year before. As experts in Oracle License Management Services, we are engaged with large enterprise organisations on a daily basis and have also noticed an increase in clients asking for help with Oracle license audits. Why is this happening? We believe that the loss of revenue from cancelled new project spend is contributing to this trend. As costs are cut, IT budgets are being squeezed in the enterprise space and as a consequence, there are less and less large IT projects that require considerable license purchase. In an Ernst & Young Survey published in 2011, “License Compliance without Tears”, 65% of vendors surveyed agreed that “Objectives of vendors’ compliance programs is revenue generation.”

 

Assess

  • Health Check:
    A strategic review of your license estate, aimed at identifying the risks of non-compliance and opportunities related to the management of your license software assets.

Advise

  • Compliance Advice:
    A strategic review of your license estate, aimed at identifying the risks of non-compliance and opportunities related to the management of your license software assets.
  • Enterprise License Agreement:
    There are several types of Enterprise License Agreement (ELA). With our help, you will understand whether an ELA is the right mechanism to provide your licenses; you'll secure the most appropriate ELA with the right products, with the most appropriate terms and conditions, for the best cost. You'll have a greater understanding of your license position in order that you can declare properly and maximise your ROI.

Comply

  • Avoid Additional Cost and Stress
    By adhering to our expert advice your business can mitigate against non-compliance. This can minimise unexpected costs and unnecessary stress for you and your business.
  • Value Added Procurement:
    When it comes to purchasing new licenses, be in the strongest position. Version 1 will negotiate with vendors on your behalf to get the best deal for your business.

 

THE BENEFITS OF VERSION 1 LICENSE AUDIT SERVICES FOR YOUR BUSINESS

  • Cost Reduction
  • Risk Mitigation
  • Volume Discounts
  • Better Vendor Relationships
  • Our optimisation expertise helps to deliver financial risk reduction of over 82% on average during audit scenarios.

  • Major UK Transport Company

    When engaged they were facing a bill of £17m, through our help this amount became £100k 

  • During a typical review, we find non-compliance risks of over £5.8 million.

Our Expert Team

The Version 1 SAM and License Management team are experts in what they do. By choosing Version 1, our customers get to avail of 100 man years experience to develop a SAM function catered for their exact business needs. 

Meet our Expert Team


 

Why Version 1?

We enable clients to make better, more informed decisions on their software estate. Think of us as tax advice - we help you to understand the options and make the right decision for you, not the software vendor. Our priority is to give the best advice, not just to secure revenue.

Trusted Advisor


  • Independent
  • Tools Agnostic
  • Experience

 

LEARN ABOUT ADVICE YOU CAN TRUST

Expertise


  • Breadth and Scale
  • Technical Background
  • Ongoing Staff Education

 

LEARN ABOUT OUR EXPERTISE AND EXPERIENCE

Reduce Cost and Risk


  • Assessment
  • Advice
  • Procurement

 

LEARN HOW YOU CAN REDUCE COST