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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 Hyland Credentials?

Hyland Credentials offers a robust solution for the issuance, storage, and verification of digital records, underpinned by blockchain technology to ensure security. Adhering to the Blockcerts open standard, this platform guarantees that digital credentials are not only secure but also globally verifiable. By empowering recipients to hold ownership of their credentials, it significantly improves both data privacy and transparency, enabling users to share their records in a safe and straightforward manner. The system incorporates cryptographic signatures, effectively safeguarding against potential fraud, while its no-code setup streamlines the integration process for various organizations. Additionally, Hyland Credentials facilitates seamless third-party integrations, accommodating diverse applications such as time-stamping and digital signature verification, which makes it particularly beneficial for sectors like higher education and government. Ultimately, this innovative solution positions itself as a leader in the digital credentialing space, ensuring trust and reliability for the users it serves.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

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

Hyland Software

Date Founded

1991

Company Location

United States

Company Website

www.hyland.com/en/solutions/products/hyland-credentials

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