--- title: "Software & IT Asset Management | Faqtic" description: "Manage software licenses, track usage, control IT costs with Factorial. Automated renewals, compliance tracking. Free trial. GDPR compliant." lang: en json-ld: | [ { "@context": "https://schema.org", "@graph": [ { "@type": "Organization", "@id": "https://faqtic.co/#organization", "name": "Faqtic", "alternateName": "Faqtic - The Factorial Agency", "url": "https://faqtic.co", "logo": { "@type": "ImageObject", "url": "https://faqtic.co/lovable-uploads/4e1622b4-0e3c-495f-9b90-c9ca18d0fc27.png" }, "description": "Certified Factorial implementation partner for European SMEs. Implementation, configuration, training and ongoing optimisation of Factorial HR.", "areaServed": "Europe", "contactPoint": { "@type": "ContactPoint", "contactType": "customer service", "email": "marvin@faqtic.co", "url": "https://faqtic.co/contact" }, "sameAs": [ "https://www.linkedin.com/company/faqtic-the-factorial-agency/" ] }, { "@type": "WebSite", "@id": "https://faqtic.co/#website", "url": "https://faqtic.co", "name": "Faqtic", "inLanguage": [ "en", "nl" ], "publisher": { "@id": "https://faqtic.co/#organization" }, "potentialAction": { "@type": "SearchAction", "target": { "@type": "EntryPoint", "urlTemplate": "https://faqtic.co/blog?search={search_term_string}" }, "query-input": "required name=search_term_string" } } ] }, { "@context": "https://schema.org", "@type": "FAQPage", "mainEntity": [ { "@type": "Question", "name": "How does software inventory tracking work?", "acceptedAnswer": { "@type": "Answer", "text": "Factorial automatically discovers and catalogs all software installations across your organization, tracking license details, versions, and usage patterns through integrated agents and API connections." } }, { "@type": "Question", "name": "Can I track SaaS subscriptions and on-premise software?", "acceptedAnswer": { "@type": "Answer", "text": "Yes, Factorial manages both SaaS subscriptions and on-premise software licenses, providing a unified view of your entire software portfolio with cost tracking and compliance monitoring." } }, { "@type": "Question", "name": "How are license renewals managed?", "acceptedAnswer": { "@type": "Answer", "text": "The system automatically tracks renewal dates and sends customizable alerts to relevant stakeholders. You can set up approval workflows for renewals and integrate with procurement systems." } }, { "@type": "Question", "name": "What kind of usage analytics are provided?", "acceptedAnswer": { "@type": "Answer", "text": "Factorial provides detailed analytics including user activity, feature utilization, login frequency, and cost per user to help optimize your software investments and identify unused licenses." } }, { "@type": "Question", "name": "How does automated procurement work?", "acceptedAnswer": { "@type": "Answer", "text": "Software requests trigger approval workflows based on your policies. Once approved, the system can integrate with vendors for automatic provisioning and handle license allocation to users." } } ] }, { "@context": "https://schema.org", "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://faqtic.co" }, { "@type": "ListItem", "position": 2, "name": "Product", "item": "https://faqtic.co/product" }, { "@type": "ListItem", "position": 3, "name": "Software Management", "item": "https://faqtic.co/product/software-management" } ] } ] --- [![Faqtic - Your Factorial Partner](/assets/faqtic-logo-mu1Yn3w0.webp)](/) [Approach](/our-approach)[Services](/services) Products [Pricing](/pricing)[Case Studies](/case-studies) Insights [Contact](/contact) 🇬🇧 EN [Book Your Free Factorial Demo](/factorial-book-demo) # Software management & optimization Take control of your software ecosystem with Factorial's comprehensive software management platform. Track licenses, optimize costs, ensure compliance, and streamline software operations across your organization. [Request Free Trial](/factorial-book-demo)[Book Demo](/factorial-book-demo) Trusted by IT teams to optimize software operations ![Software management dashboard](/lovable-uploads/9e79bccc-c974-4493-b1ac-c39628d0df3b.png) ## Complete software lifecycle management From procurement to retirement, Factorial manages every aspect of your software portfolio with intelligence and efficiency. ### Software inventory tracking Maintain a complete catalog of all software assets with license details, version tracking, and usage analytics. ### License compliance management Ensure software license compliance with automated tracking, renewal alerts, and audit-ready reporting. ### Usage analytics & optimization Monitor software usage patterns to optimize licenses, reduce costs, and eliminate unused applications. ### User access management Control software access permissions, manage user assignments, and track software provisioning. ### Automated procurement Streamline software purchasing with approval workflows, vendor management, and budget tracking. ### Renewal notifications Never miss a renewal deadline with automated alerts for license expirations and subscription renewals. ## Why IT teams choose Factorial software management ### Reduce software costs Optimize software spending by identifying unused licenses and negotiating better vendor contracts. ### Ensure compliance Maintain audit readiness with comprehensive license tracking and compliance reporting. ### Automate processes Streamline software management workflows with automated provisioning and deprovisioning. ![IT team managing software](https://images.unsplash.com/photo-1460925895917-afdab827c52f?ixlib=rb-4.0.3&auto=format&fit=crop&w=800&q=80) ## Frequently Asked Questions ### How does software inventory tracking work? ### Can I track SaaS subscriptions and on-premise software? ### How are license renewals managed? ### What kind of usage analytics are provided? ### How does automated procurement work? ## Ready to optimize your software portfolio? Join organizations using Factorial to reduce software costs, ensure compliance, and streamline IT operations. Start your free trial today. [Request Free Trial](/factorial-book-demo)[Contact Sales](/factorial-book-demo) READY TO TRANSFORM YOUR HR? ## Let's discuss how Faqtic & Factorial can scale your business Join hundreds of European companies who trust Faqtic to optimize their HR operations with Factorial. [Start Free Trial](/factorial-free-trial)[Book Your Demo](/factorial-book-demo) ![Faqtic - Your Factorial Partner](/assets/faqtic-logo-white-BUfI3IC9.webp) Your Factorial Partner. 🇳🇱 Netherlands: [+31 020 36 91 093](tel:+31020369093) 🇬🇧 United Kingdom: [+44 20 37 69 67 31](tel:+442037696731) [LinkedIn ](https://www.linkedin.com/company/faqtic-the-factorial-agency) ### HR Solutions - [Time Off Management](/product/time-off) - [Time Tracking](/product/time-tracking) - [Employee Performance](/product/employee-performance) - [Talent Acquisition](/product/talent-acquisition) - [Payroll Preparation](/product/payroll-preparation) ### Key Features - [Document Management](/product/document-management) - [Electronic Signature](/product/electronic-signature) - [Expense Management](/product/expense-management) - [Shift Management](/product/shift-management) - [HR Reports & KPIs](/product/hr-reports-kpi) ### Resources - [Blog](/blog) - [Blog archive](/blog/archive) - [Glossary](/glossary) - [All solutions](/solutions) - [Locations](/locations) - [Free HR templates](/free-templates) - [The Factorial Test](/assessment) - [Contact](/contact) ### Comparisons - [Factorial vs BambooHR](/factorial-vs-bamboohr) - [Factorial vs BreatheHR](/factorial-vs-breathehr-uk-ireland) - [Factorial vs CharlieHR](/factorial-vs-charliehr-uk-ireland) - [Factorial vs HiBob](/factorial-vs-hibob) - [Factorial vs Moorepay](/factorial-vs-moorepay) - [Factorial vs Personio](/factorial-vs-personio) - [Factorial vs Rippling](/factorial-vs-rippling) © 2026 Faqtic. Your Factorial Partner. All rights reserved. [Privacy Policy](/privacy-policy)[Terms & Conditions](/terms-and-conditions)[DPA](/dpa)Cookie Settings ## Cookies. Grab a byte. Faqtic uses cookies and similar technologies when you visit the website. Not filled cookies, but small (temporary) text files and scripts. This way, you do not have to constantly enter or re-download the same information. Besides functional cookies, which make sure the website works properly, we also use analytical cookies to understand how you use our website. That lets us make it better and more helpful. We also use marketing cookies to match your interests. You can indicate if you accept everything or reject non-essential cookies. Accept allReject non-essential ![A stack of homemade chocolate chip cookies with melted chocolate chips](/__l5e/assets-v1/763315e5-bdb7-4838-beaa-821f85547aaa/cookies-only.png)