The program allows you to audit licenses of software applications, count the number of installed products, and compare it with the number of purchased licenses. Click the License Manager item in the Reports main menu.

Add licensed products for license audit (click the New... button).

Enter the name of the product you want to audit. The program will search for the product installations in the inventory database. You can enter a part of the name without a version number in order to count all the versions. If you enter, for example, Adobe Photoshop, the program will find all versions of this application installed on network computers (6, 7, 8, CS2, CS3, etc.).
Enter the number of licenses you have for the product.
In addition, you can retrieve a product ID and a serial number of the product. To do this, select profiles corresponding to the product in the drop-down lists. The profiles can be configured in the program settings, in the License Information section.
You can also import the existing products that are installed on network computers. To do this, click the Import... button.

After adding the products and entering the license counts for them, you can start auditing licenses. Click the Calculate button. The program will analyze the inventory database and update counts of installed copies of the products. You will see whether you have enough licenses for the installed products. If there are not enough licenses for some product, it will be highlighted by a red color.

Select a product in the upper list and see the list of computers where the selected product is installed below.
You can create two types of reports here:
1) Create a report on the number of available licenses and number of installations of all the listed products. To create this report, click the Report on Licenses button.
2) Create a report on a selected product. Select a product and click the Report on Selected Product button. This report will contain a list of computers where the product is installed. If you configured gathering serial numbers and product IDs, it will be displayed in the table.
License Key Auditing and Monitoring
The program has the license key auditing function. Select a program in the list of audited software on the License Manager window and click the "Monitor Reg. Keys" button. Enter valid registration keys for the program. After that, you will be able to see how the entered license keys are used on computers.

Learn more about the license key auditing: