Enterprises for a long time have made significant investments in procuring and provisioning software. Software license management has not received the needed focus even while the footprint of Software has grown year over year. This gap has resulted in compliance risk for some, whereas for others, it has resulted in expensive penalties for being out of compliance. Having accurate insight into the software stack helps organizations to better negotiate licensing contracts, plan budgets, avoid over-provisioning costs and eliminate the risk of being non-compliant. SLMS provides the governance and capability to report on software license consumption.