License Agreements

A licensing agreement is a legal contract between two parties known as the licensor and licensee. In a typical licensing agreement, the licensor grants the licensee the right to produce and sell goods, apply a brand name or trademark or use patented technology owned by the licensor.

License agreements help you to maintain all license agreement related information such as business unit, manufacturer, customer name and number, agreement type, status, start date, end date, country of agreement and country of usage; each of which is explained in detail below.

Click the 'Settings' tab. In the 'Asset and Inventory Management section, click 'Compliance'
In the 'Settings' panel, click 'License Agreements'. All the license agreements that are defined are listed here. To add a new license agreement, click 'Add'

Sr. No	Field Name	Description
1	Business Unit	Select the business unit to which the license agreement belongs
2	Manufacturer	This field refers to the normalization family to group the software, in this case manufacturer of the software for which the license agreement is prepared. Click to add a new normalization family
3	Customer Name	This field refers to the name of the customer who is making the agreement
4	Customer Number	Each agreement will have a unique customer number also known as Customer Enrolment Number
5	Owner	Owner of the agreement
6	Agreement Type	This field applies only to Microsoft products and is present in the MLS (Microsoft Licensing Statement)file
7	Agreement Status	Agreement status is Active, Expired or Returned. Click to add another status
8	Agreement Start Agreement End	Select the start and end dates of the license agreement
9	Country of Agreement Country of Usage	Select the countries of agreement and usage of the license agreement respectively

Custom Fields

Custom fields refer to additional information that you would like to capture for license agreements. Click to add a new custom field

Note: You can also add custom fields from the Settings panel

Attachment

Click to add license agreement related document files as attachment

Note: At the time of saving the license agreement, the license agreement name is auto generated with the name of the manufacturer followed by customer number and the number of the license agreement with the manufacturer.