10 Best Asset Management Software of 2024

Freshservice is an ITAM (IT asset management) platform that was built to help organizations reduce IT costs and improve asset lifespan through proactively scheduled maintenance. You can manage all phases of the typical asset lifecycle, including procurement, discovery, utilization, maintenance, and retirement. Their analytics also assist with forecasting future IT costs too.

Their software doubles as a configuration management database (CMDB) and can be used to track any sort of IT-related asset, including software, hardware, and software-as-a-service (SaaS) subscriptions. Asset managers will also appreciate the ability to automate common processes to save their IT teams time. Other useful features that come with Freshservice include inventory and purchase order management modules, relationship mapping tools, and an automated asset discovery tool that catalogs all assets in your network at any given time.

Their mobile app also allows end-users to scan barcodes or QR codes to track non-IT, fixed assets too, making physical inventory management easy on any Android or iOS mobile device.

Freshservice integrates with Freshdesk, Freshbooks, Bomgar, CloudWatch, Dropbox, Jira, Google Suite, Microsoft Teams, Slack, Quickbooks, Zapier, Zoom, and other systems.

Pricing for Freshservice’s asset management service starts at $49/user/month. You can also request a 21-day free trial through their website.

MaintainX is an equipment and asset management software system with a strong focus on tracking the operating status of physical assets and equipment. You can use their software to determine which equipment is active or inactive, track time between equipment failures, or create work orders for maintenance.

To reduce your overall downtime, they have a preventive maintenance autopilot feature that automatically schedules equipment servicing proactively, before you experience a breakdown. Users will also appreciate MaintainX’s detailed metrics, which cover everything from asset locations to maintenance records, and work history to time vs. cost reports.

MaintainX integrates with enterprise resource planning (ERP) systems like Infor, Microsoft Dynamics 365, Oracle and SAP, with data management programs like MachineMetrics, Tableau and Zapier, and other popular accounting and fleet management tools.

Pricing for MaintainX starts at $8.33/user/month. You can also request a free trial or free demo through their website. In addition, they have a basic freemium plan with limited features for small teams.

EZOfficeInventory is a web-based asset management platform that helps with equipment management, reservations, inventory stock assessments, and depreciation, calibration and tool management. Their software solution includes check in/out features, an asset availability calendar, and the ability to classify items into groups and sub-groups for better ease of use.

Their mobile apps for Android and iOS devices allow users to scan inventory barcodes, QR codes or RFID tags from any location, or you can use third-party label scanners too.

EZOfficeInventory integrates with Centrify, Dropbox, Google Suite, Jira Service Desk, Okta, OneDrive, OneLogin, PingIdentity, Zendesk, and Zendesk Sunshine. They also have an API that can support other custom software integrations too.

Pricing for EZOfficeInventory starts at $35/month for 250 assets and unlimited users. You can also request a 15-day free trial through their website.

Asset Panda is a flexible and versatile asset management system that works for any type of asset tracking, including fixed assets, IT assets, tool tracking, maintenance tracking, leased equipment, and reservations. Their system is used across a range of industries including government, healthcare, construction, education, and non-profit.

You can easily shape the software to meet your unique needs using their unlimited fields and configuration options. Their application also supports role-based permissions, giving you control over who can perform specific tasks within the system, or access sensitive data.

Advanced features within Asset Panda include asset kitting (bundling related equipment together to save time), a barcode generator (using custom barcodes or QR codes), and full asset lifecycle history (including repair tracking and forecasting). You can also attach supporting material to asset records, including photos, user manuals, or warranty documents. This helpful feature leads to faster troubleshooting and less reliance on paper documents with everything digitized in your system.

Another feature I appreciate is the ROI calculator available on their website. If you’re on the fence on whether you need asset tracking software or not, plug your numbers into their calculator to get a sense of how much money you could save per year.

Asset Panda integrates with Azure Active Directory, Lansweeper, Jira Service Management, Google Workspace, Meraki, Microsoft Active Directory, Microsoft Intune, Okta, OneLogin, Servicenow, Zendesk and other systems.

Asset Panda offers scalable pricing upon request, based on the number of assets you want to track. You can also request a free demo and a free quote through their website.

Asset Infinity is a cloud-based asset management system that tracks the entire lifecycle of your assets, from the initial purchase to transferring between locations, departments or users, all the way up to the eventual asset disposal. You can use a variety of tracking methods within their software, including barcodes, QR codes, or RFIDs and NFC tags.

This software also includes inventory management features to avoid stock-out issues and maintain full visibility and control over inventory levels. To simplify this process, you can even automate inventory re-orders based on specific stock level metrics, or set up alerts to notify specific team members whenever inventory levels dip down to predetermined levels.

If you need it, Asset Infinity also offers integrated modules for purchases and requests, as well as maintenance and helpdesk support requests. However, those modules are priced separately from their core asset management software.

Asset Infinity integrates with ERP software, many handheld devices from equipment providers like Zebra, Honeywell and Chainway, and single sign-on (SSO) applications like Azure Active Directory, Okta, OneLogin, NetIQ and more.

Pricing for Asset Infinity starts at $130/month for up to 500 assets. You can also request a 14-day free trial or a free demo through their website.

InvGate Assets is an information technology (IT) and software asset management solution. Their software is used by several noteworthy organizations, including NASA, the U.S. Army, PricewaterhouseCoopers, and Toyota. Their platform helps organizations gain insight into how their IT and software assets are being used, whether they could be used more efficiently, or whether they could be harvested and re-purposed elsewhere. It can also be used to track physical IT hardware as well (e.g., computers, monitors, printers, etc.)

To prevent overspending on software licenses, InvGate Assets’ software license management tool uses a combination of software metering, usage pattern tracking, cost analysis, and license expiry tracking to determine if software can be allocated to groups of workstations, rather than individual workers' computers. This is a really helpful feature for managing expensive software that needs to be accessible to a group of workers who are only occasional users.

Another unique feature of InvGate Assets is their software deployment and remote desktop capabilities. This feature allows your IT teams to distribute software remotely to all computers connected to your network. With company computers spread all around the world these days, this tool simplifies the process for distributing software updates, managing incidents, and performing software uninstallations at scale.

InvGate Assets offers pricing upon request. You can request a quote, as well as a 30-day free trial or a free demo, through their website.

HxGN EAM (formerly Infor EAM) is an enterprise asset management company with 30+ years of experience helping businesses transform their critical asset management practices to a more modern prescriptive maintenance approach. It was designed to improve the reliability and performance of equipment, fleets, facilities and infrastructure.

Key components within their software include work orders, case management features, integrated analytics, and risk management features. Their system also functions as an Asset Performance Management (APM) tool, and incorporates a range of applied learning technologies like artificial intelligence, machine learning, and internet of things (IoT) sensors. HxGN EAM also offers industry-specific versions of their EAM software that address the unique challenges of niche industries, including manufacturing, energy, healthcare, the public sector, and others.

HxGN EAM integrates with GIS devices, business intelligence software, and enterprise resource planning (ERP) systems.

HxGN EAM offers pricing details upon request.

Tired of tracking all your assets in Excel spreadsheets, but don’t know where to start? AssetTiger’s user-friendly asset tracking software simplifies the start up process. You can upload your existing database directly to their interface, or use their mobile app to transform your phone into a digital scanner to log items individually.

I like the flexibility of AssetTiger’s system since you can add an unlimited number of users for no additional cost. This means you can make it accessible to everyone in your organization if you need to, rather than locking the information down in a silo. You can also set permissions at the individual user level, ensuring you still have control over who can perform certain tasks.

Organizations who ship a lot of gear between multiple locations or teams will appreciate their user-friendly check-in/check-out system that works easily from any mobile device. You can even reserve assets in advance to make sure they’re ready when you need them.

AssetTiger includes a whole host of predefined reports covering inventory status, depreciation, maintenance and usage, as well as the ability to create an unlimited number of custom reports, as needed. Their software was developed by MyAssetTag, one of the leading manufacturers for asset tags that are available in a wide variety of formats.

Pricing for AssetTiger starts at $120/year for up to 500 assets. They also have a free plan for tracking up to 250 assets if you purchase asset tags through them. If you’re interested, check out their 35 minute demo video on their website for more details.

AssetCloud, built by Wasp Barcode Technologies, helps organizations track the past, present, and future of all their business assets. Their asset tracking system is available in two configurations — self-hosted or cloud-hosted — and is currently used by some very well-known companies, including IBM, Lockheed Martin, Boeing, Verizon, Mercedes Benz, Cisco, Sony, Hewlett Packard, the US Navy, and the US Air Force. In addition to their asset tracking software, Wasp Barcode also sells supporting items such as scanners, label printers, and tags, or you can get everything in one go with their Complete System package.

Their software comes with 25 pre-built reports for inventory tracking, with the ability to create your own custom reports as needed too. Office operations teams will also appreciate the ability to set up trigger notifications, making sure that key people are always in the loop of any changes to your asset data.

A maintenance and work order system is also incorporated into their software. To maximize flexibility, work orders can be assigned to more than one person at a time, and can include multiple assets as well as multiple tasks. This is helpful as it reduces the need to create duplicate work orders for assets where your company owns multiple identical units. Asset inventory is also simplified using their multi-quantity asset feature that tracks identical groups of assets more efficiently.

Pricing for AssetCloud starts at $995/user/year. You can also request a free quote, a free demo, and a free trial through their website.

ManageEngine Mobile Device Manager Plus is a modern solution for organizations who have lots of mobile devices spread out throughout their workforce, including smartphones, tablets, laptops, desktop computers, rugged field devices, or even TVs. Their software can be used across any operating system too, including Android, iOS, iPadOS, Windows, Chrome OS and macOS.

ManageEngine simplifies mobile device management across your organization, including silently installing approved apps and setting company-wide restrictions. Their software also ensures devices are always in compliance with company policies, and tracks granular details on app usage as needed. For companies who allow employees to bring their own devices, ManageEngine can also separate personal apps from corporate apps by installing distinct user profiles.

Other interesting features in this mobile asset management tool include the ability to remotely wipe device data in case a device is lost or stolen, and restrictions to prevent third-party apps from accessing or backing up sensitive corporate documents. They also have a helpful content management feature that enables you to share documents remotely to all your devices, or specific ones, as needed.

ManageEngine integrates with Spiceworks, ServiceNow, Zendesk, Zoho Creator, and Zoho CRM, as well as with their other in-house solutions like ManageEngine AssetExplorer, ManageEngine Analytics Plus, and ManageEngine ServiceDesk Plus. They also have an API to support additional custom integrations too.

ManageEngine offers both on-premise or cloud-based services, depending on what you need. Pricing for their cloud-based service starts at $64/month or $645/year for 50 devices, or $495/year for their on-premise version with 50 devices. You can request a quote, as well as a 30-day free trial or a free demo, through their website. A free plan is also available for organizations with less than 25 devices.