Since licensing management is not a typical profession, the people in charge will have to learn the principles by ' just doing'. With due respect: this popular practice is not a secure foundation within highly complex licensing programs of various vendors. What risks do exist in connection with software license management? What are the traps when it comes to license management? What potentials does license management offer to the company? How to find appropriate tools? What best practices do exist for the operation of license management? The COMPAREX Academy training „Lizenzmanager 1“ is offering an educational program to teach the basics in Licensing Management and Software Asset Management across all vendors. In addition to that, we also teach the content of Software Asset Management according to ISO 19770 -1.