Should be, but it isn't from what I've seen.
We have Asset Management, so you have to add the software to the Software Catalog, add licenses, create your filter (a pain in and of itself), create your SW Delivery Task, and then maybe you could do a delivery...
As far as Resource update intervals, if you're talking about the Resource and Data Class settings, or Resource Membership Update settings, those are set to hourly. If you're talking about agent updates or configuration requests, those are set to every 2 hours. Upload basic inventory is set to once a day.
My VM only has 4gb and 2 CPUs, so maybe that's why it so slow. I don't know how dedicated the memory is on the VM, but it never seems to run out. It always has free memory showing when I've looked.