Software Vendor Audit
The chances of receiving a software audit notice is at an all-time high, which is hardly surprising when you understand it’s a means of generating revenue for software vendors. Gartner states there is currently a 68% chance of receiving a software audit from at least one vendor, in the next 12 months. Not only are the chances high, the cost is too – with an average audit costing an organization around $500,000.
Although there doesn’t seem to be a definitive reason behind what prompts a software vendor to audit a specific organization, we have noticed certain triggers that inspire vendors: