If your organization uses third-party software, it is likely that your use of the software will be audited. This session will discuss strategies and best practices for tracking your organization’s licensing, use, and distribution of third-party software, including open source. The panel will provide practical advice and guidance for establishing and maintaining a robust entitlement and deployment program for tracking your organization’s licensing, use, and distribution of third-party software. The panel will include best practices for responding to and managing a third-party audit request and provide strategies and guidelines for developing and implementing a process for responding to and managing a software license audit. The panel will review and discuss resources and tools available to assist with identifying and tracking use and deployment of third-party software, including review of commercial software asset management tools and practices.