How Fortune 500 Companies Are Auditing Software Licenses to Save Millions

Episode 17 of Enterprise Tech with Fexingo takes a deep dive into software license compliance audits — a hidden cost center for Fortune 500 companies. Lucas and Luna break down how companies like Walmart and JPMorgan Chase are using AI-powered tools to audit their own software usage before vendors like Oracle and IBM do it for them. They discuss the typical 20-30% overspend on unused licenses, the rise of 'license management as a service' startups like Flexera and Snow Software, and the specific case of a global manufacturer that saved $47 million in a single year by consolidating redundant SaaS subscriptions. The episode also touches on the growing role of procurement teams in negotiating 'audit forgiveness' clauses and how the shift to cloud has made tracking usage harder, not easier. If you are in enterprise procurement, IT asset management, or software sales, this episode will change how you think about licensing. #SoftwareLicenseAudits #EnterpriseProcurement #Fortune500 #VendorCompliance #Oracle #IBM #Flexera #SnowSoftware #SaaS #ITAssetManagement #CostOptimization #LicenseManagement #BusinessAndTechnology #EnterpriseTech #FexingoBusiness #BusinessPodcast #ProcurementStrategy #TechAudit Keep every episode free: buymeacoffee.com/fexingo