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What is VeraTrust?

The main driving force behind SAM audits is the pursuit of financial profit, with vendors seeking to derive 30% of their earnings from these annual assessments. As a result, the number of audits has surged, supported by a Gartner survey revealing that 66% of organizations have faced audit requests. VeraTrust provides an extensive visual overview of the licensing environment, complemented by audit reports that aid in reconciliation, evaluation, and SAM self-assessments. In addition to merely executing audits, this methodology empowers businesses to reclaim control over their software assets and transform inefficiencies into creative solutions. VeraTrust's implementation of a blockchain-based system allows for precise tracking of software license assets between clients and vendors, significantly reducing audit disputes and compliance issues. This blockchain access not only improves the clarity of the licensing framework but also facilitates the creation of comprehensive audit reports for meticulous evaluation and self-review. By adopting this strategy, organizations can prevent the emergence of unexpected hard audits from software vendors, promoting a more transparent and manageable landscape for software compliance. Furthermore, by emphasizing efficient license management, companies can redirect their efforts towards maximizing their software investments, ultimately fostering an environment conducive to growth and innovation while navigating the complexities of the software landscape.

What is Chroniql Trust Platform?

The Chroniql Trust Platform enables you to verify the authenticity of any data using blockchain technology. By allowing you to notarize your data records on the blockchain and providing connectors for easy integration with your IT systems, you can effectively analyze the combined data for insightful information. This platform seamlessly fits into your existing system architecture, allowing for detailed monitoring of each individual process. You retain full control over your data, ensuring that the solution is tailored to help you achieve your goals while offering the highest level of creative flexibility. The integrity of all information stored within the Chroniql Database can be continuously verified, with a system in place that detects any data tampering in just seconds. As an added feature, users have access to ChronEx, a web-based tool that enables tracking of the verification process in a step-by-step manner. The verification approach is entirely open source and functions solely on the client side, thus providing a high degree of transparency and security. This structure allows users to confidently trust the entire process, free from any external interference. Overall, Chroniql offers a robust solution that combines efficiency, security, and user empowerment in data management.

Media

Media

Integrations Supported

Google Analytics
Microsoft Dynamics 365
SAP Cloud Platform
SQL Server
Salesforce

Integrations Supported

Google Analytics
Microsoft Dynamics 365
SAP Cloud Platform
SQL Server
Salesforce

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

LevelBlox

Date Founded

2008

Company Location

United States

Company Website

levelblox.com/veratrust/

Company Facts

Organization Name

Akarion

Date Founded

2017

Company Location

Germany

Company Website

akarion.com/en/chroniql-trust-platform/

Categories and Features

Categories and Features

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