CurrentWare’s Cost Insights Monitoring Software

CurrentWare Cost Insights is an advanced software license optimization suite built for IT, finance, and procurement teams. It unifies cost attribution, usage analytics, compliance monitoring, and renewal intelligence into a single dashboard. By mapping actual software usage to licensing costs, it helps organizations maximize ROI, reduce waste, and streamline license lifecycle management.

Yes, absolutely.

Based on the product information, CurrentWare is designed to track both web and desktop application usage comprehensively.

This capability is primarily handled by its BrowseReporter module, which allows you to:

• Track Web Usage: Monitor websites visited, search queries, and bandwidth consumption, independent of the browser’s history.
• Track Desktop Application Usage: See which desktop applications are being used, how long they are active, and identify underutilized software for license optimization.

The software provides detailed reports and dashboards that show time spent on specific websites and applications, helping organizations manage productivity, enforce acceptable use policies, and enhance security.

Cost Insights analyzes per-user and per-department software usage, highlighting underutilized or idle licenses. It provides actionable recommendations, such as downgrading license tiers, switching to pay-per-use models, or consolidating duplicate tools, to reduce overspending. Customers typically achieve a 15–30% reduction in licensing costs within the first quarter.

Usage forecasting uses historical activity patterns and growth trends to predict future license demand. For example, if Jira usage grows steadily, CurrentWare may recommend budgeting for additional licenses in Q3. This prevents last-minute purchases and improves budget accuracy.

Cost Insights categorizes users into power, casual, and inactive groups using behavioral patterns like hours of usage, file titles, and activity windows. For example, if a user hasn’t launched Photoshop in 60 days, the system recommends a downgrade or license removal, improving cost efficiency.

Yes, it does.

Think of it this way: CurrentWare shows you what software people are actually using versus what you’re paying for.

Before you renew a contract, you can see:

• Who is using the software (and who isn’t).
• If you have too many licenses.
• Which software is just collecting dust.

This helps you stop paying for licenses you don’t need and gives you proof to negotiate a better deal.

Unlike ActivTrak, which relies on PowerBI templates and lacks real-time license monitoring, CurrentWare provides turnkey, native features such as ROI-based cost modeling, usage forecasting, real-time overage alerts, and workflow-aware analytics. There’s no need for complex integrations or third-party tools like BigQuery, everything is built-in and ready to use.

CurrentWare is purpose-built for mid-market IT asset managers, finance controllers, procurement leads, and CISOs. It helps them eliminate wasteful spending, proactively manage compliance, and make data-backed decisions for software purchasing and renewals. It also enables shadow IT discovery and provides departmental cost center insights.