I see where I can add a contract for our hosted applications provider.  It seems I can add the the number of licenses/users for the application via a 'License Agreement' and adding a 'Software License', but I can't seem to allocate those licenses to named users.  Is that not possible without having software actually installed on a workstation?

In the end I am hoping I can track on a per user basis the licenses we are using from application hosted providers.  Thank you for any help.