18 years helping Israeli businesses
choose better software
Enterprise License Agreement (ELA)
An enterprise license agreement is the licensing of software by businesses for use on its computers. With an ELA, companies pay a flat fee rather than purchasing individual licenses for each computer. This means businesses can upgrade their IT equipment without worrying about paying more for new licenses.
What Small and Midsize Businesses Need to Know About Enterprise License Agreement (ELA)
These types of licenses can be very beneficial for businesses, as a flat fee for using the software saves time and money in the long run. However, these agreements sometimes require an upfront lump sum payment rather than monthly fees, which could be a barrier for some businesses.
Related terms
- Tokenization
- ROIT (Return on Information Technology)
- SAC (Subscriber Acquisition Cost)
- Energy Trading and Risk Management (ETRM)
- Chief Revenue Officer (CRO)
- Core Banking System
- Record to Report (R2R)
- Fintech
- Financial Management System (FMS)
- Business Capability Modeling
- Capital Allocation
- Compound Annual Growth Rate (CAGR)
- Net Present Value
- Hedge Fund
- Gateway
- Selling General and Administrative (SG&A) Expenses
- ROE (Return on Equity)
- Financial Planning and Analysis (FP&A)
- Dollar-Cost Averaging (DCA)
- Procure-to-pay Solution
