There are date alerts available out of contract management to remind administrators about pending dates. It would be useful to have an alert for when a licensed product is close to or has fallen out of compliance. If a licensed product has previously had plenty of licenses available, and then the remaining licenses falls below some specifiable threshold, an alert is generated to a designated email address. A different alert is generated any time a licensed product crosses over from being either under-licensed or even-licensed to being over-licensed.