Hello
The Volume Activation Management Tool (VAMT) lets you automate and centrally manage the Windows, Office, and select other Microsoft products volume and retail-activation process. VAMT can manage volume activation using Multiple Activation Keys (MAKs) or the Windows Key Management Service (KMS).
However, I couldn’t find any information about whether the volume license manager could monitor user’s data. It is always a good idea to read the terms and conditions of the license agreement before installing any software to understand what data, if any, may be collected and how it may be used.