Best asset management tool

Asset Infinity is a simple and streamlined asset management tool that supports barcoding and complete equipment tracking. Users can assign assets to people for a transparent allocation process, and maintenance work is easy to review and schedule. This software is a great fit for businesses of all types, including sports organizations, manufacturing, and hospitality companies. It supports asset tracking for the complete asset lifecycle, and custom roles can be defined for each user.

FTMaintenance allows companies to easily add, track, and manage their assets and equipment. The central database houses all information for your assets, and users can attach additional documents or images to any record. In addition, asset hierarchies help control the relationships between assets and their storage locations. Fulcrum is a centralized asset transactional services CATS software used for real-time management of warehouse and field assets. The goal of this platform is to maximize the efficiency of your asset deployment by increasing visibility into key performance data and providing tools for greater control.

Within the CATS suite are applications for finance, supply chain, and network operations functions. Real Asset Management. Real Asset Management is a complete asset tracking and data capture platform that can be used with RFID and barcode technologies. With an easy-to-use mobile app, users can monitor assets in real-time from nearly any location. The program is also capable of tracking reusable assets, such as gas cylinders, that can be quickly scanned during delivery and pickup.

Sage Fixed Assets. Sage Fixed Assets offers a complete suite of four different modules that help you manage the entire lifecycle for all your fixed assets. The metrics and reporting features are especially powerful, and a lot of detail has been built into the software. Wasp AssetCloud. This solution includes scanning and printing hardware for a complete starting package. Key features of the software include automated asset check-in and check-out, funding management, and tracking for multi-quantity assets.

Alloy ITAM. The main dashboard gives you a complete overview of current issues, open tickets related to assets, and other important data. You can also automate many parts of your asset management workflow to improve efficiency and optimize the lifecycle of each asset. AssetTrack was created to manage IT hardware assets in a completely digital system. The software is set up with three key areas, called track, observe, and act, that aim to provide a complete set of tools for managing the complete asset lifecycle.

The centralized configuration management database CMDB is an excellent resource for managing the total cost of ownership for IT hardware and components. Users can also configure stocking levels for parts and define relationships between physical assets and associated software and services. With this software, you can inventory all hardware and software components, automate routine tasks, and manage all critical functions for any network-connected device.

KACE Systems is a great example of software that really streamlines hardware management with a sleek and straightforward solution. ServiceNow aims to simplify hardware and software asset management for IT stakeholders in any industry.

When this platform is optimized, it can serve as the single data source for your entire organization and become the focal point for all asset management needs. Solarwinds is a service desk software that has a completely integrated IT asset management function.

It may be a great choice for organizations looking to implement a complete and single web-based platform for these activities. With Solarwinds, you have the ability to align assets to support tickets and track the overall costs associated with managing any device. Asset management software fills an important role in an organization by streamlining several workflows that impact asset lifecycle management.

The features provided with each software package are unique and you will often find clear differences between vendors. To better understand how an asset management platform works, we can take a look at a few of the core features that are present in all EAM software programs.

Centralized document storage. One of the primary benefits of an EAM is the ability to store and retrieve documents that are associated with each asset. Some common examples include maintenance records, warranty information, and service documentation. It is also possible to store facility-related documentation such as lease agreements and property management records. Having a centralized storage location for all your records provides an excellent resource for information sharing, audit preparation, and reviewing the costs and depreciation projections for key equipment.

After all, the tool will be used across the entire organization by pretty much everyone, from employees to senior management. If the ITAM tool is hard to use, it will cause extra delays, mistakes, and inefficiencies which will contradict the purpose of getting an ITAM tool in the first place!

Before settling down on an ITAM tool, request a free demo and see if you or your staff experience any difficulties working with the solution. These include:. You need a tool that will support all IT assets throughout their whole lifecycle. This includes stages like procurement , maintenance, support, repairs, and retirement. Otherwise, only part of the lifecycle will be in the system and you might miss important updates and data. So, ask them whether you can reach out to them via email, phone, or a live chat and what are their working hours.

Toggle navigation. Platform System of Record Create and maintain a single source of truth for technology. IT Collaboration Engage and empower everyone in your organization. Published By Ariel Diaz on November 2, Do you track your IT assets on a daily basis? These assets include software, hardware, networks, and other types of business technology. The ITAM tool helps you store IT asset data such as: Financial data which includes purchase prices, maintenance and repair costs, and other supplier information.

Contractual data like warranties, licenses, support contracts, and Terms and Conditions. For example, according to Deloitte, companies can end up spending twice as much as they need to on their software assets because they don't have an accurate picture of their software landscape. This is where asset management software comes in—to help businesses improve the visibility of their assets and effectively manage them to ensure their optimum utilization while reducing IT and software costs.

Asset management software AMS provides a holistic view of an asset's lifecycle—from its procurement and implementation through its renewal and disposal. While a business could use a simple spreadsheet to track its assets, using AMS allows it to analyze data specific to each asset, enabling it to make more informed decisions about managing its assets.

In this roundup, we reviewed 20 AMS programs, comparing such factors as price, configurability, special features, ease of implementation, remote capabilities, and user experience to arrive at the best in six different categories. With its mature toolkit and abundance of advanced features, including top-notch reporting, unique relationship maps, and support for both physical and virtual assets, ManageEngine AssetExplorer is our choice as the best overall asset management software.

ManageEngine AssetExplorer is a web-based solution packed full of tools and features to handle all aspects of asset management, including inventory management, software license administration, compliance review, and more. With its mature technology, ease of setup, and reasonable price, ManageEngine AssetExplorer is our choice as the best overall asset management software.

For businesses new to asset management, ManageEngine AssetExplorer's feature-rich toolset may seem a bit overwhelming. However, if you start with its day free trial, you can shorten the learning curve. The setup can appear incredibly daunting with the excessive number of tabs and drop-down menus.

But ManageEngine AssetExplorer includes an excellent Quick Links feature to help you stay focused on the tasks you need to complete. It also helps that the interface has a Windows look and feel. Adding devices can also seem daunting due to the sheer number of choices. But the Windows Agent Configuration simplifies the process when using installed Windows Agents on new devices.

ManageEngine AssetExplorer's mature technology shines through with its reporting capability. In addition to a few dozen pre-built reports, the system can export reports in multiple formats to include all past queries.

You can also easily create completely customized reports. In addition to scheduling reports to run, they can be scheduled for email delivery to specific recipients. A significant downside to ManageEngine AssetExplorer is the lack of a mobile application.

While the program can be accessed on a mobile browser, its somewhat complicated user interface UI can make navigating on mobile devices more difficult. It's okay for more straightforward tasks, such as handling repair tickets and troubleshooting on the road. Its support for virtual hosts and virtual machines is also a rarity. The only downside is there is no support if you're managing a lot of mobile devices, though there is support for voice-over-IP VOIP phones. We chose InvGate Assets as the best asset management software for small to medium-size businesses with limited IT staff because it checks all the boxes, including easy setup, ease of use, advanced reporting, and remote desktop, all at a reasonable price.

InvGate Assets covers all the essential software and hardware bases for tracking assets and inventory and doing so with an easy installation and easy-to-use interface, making it our choice for the best asset management software for small to medium-size businesses. Out of the box, InvGate Assets allows businesses to track their assets with features such as advanced reports, network discovery, remote desktop, change management, license management, software deployment, and software metering.

InvGate shortens the user learning curve with a straightforward and easy-to-follow UI. The navigation for getting reports is as simple as conducting a regular search and then exporting the data to Microsoft Excel.

InvGate's alert system is easy to set up, and it quickly notifies users of any problems with assets. They also use a straightforward approach to getting assets into the system, with a simple agent install on any machine or device to be tracked. The price you pay for InvGate Assets depends on the number of nodes you want to support. Nodes are only counted if an agent will be installed for the InvGate Assets application.

Other access points, such as IP phones, printers, routers, and fax machines aren't included in the nodes count. They offer three plans—Insight, Service Desk, and Assets—but pricing is not readily available on their website. To get a quote, you must request it by filling out a form and having the company contact you.

InvGate support is ideal for businesses with limited IT staff that might need more handholding. Subscribers receive unlimited access to phone support and a web support portal that includes a self-service knowledge base.

Users have access to documentation and can request assistance with problem reporting throughout the license period. For businesses wanting more flexibility in tracking key data points, Ivanti IT Asset Management offers many pre-built reports, which can be further customized based on personal queries.

But the one that stands out for enterprises that want to quickly and explicitly highlight key data points is its reporting capability. With lots of pre-built reports available and the opportunity to build more queries, Ivanti IT Asset Management is our choice as the best custom reporting AMS. Ivanti offers everything a business needs to accurately track and efficiently manage IT assets through their complete lifecycle, including asset discovery, financial management, software compliance, and license management.

The setup uses a Windows-based interface, making it more intuitive for Windows users. Such systems also make it easy for you to manage important documents and asset life cycles from procurement to repair and disposal. Some of the important benefits of asset management include decreased administrative cost, maximized asset usage, easy compliance, faster audits and improved services.

It allows you to manage both hardware and software from a single location. It also enables you to manage assets from multiple locations from anywhere in the world. The basic features of asset management software include asset life cycle management, preventive maintenance, inventory management , scheduling, reporting and more.

Some software also offer additional features like vendor management, performance tracking, license management and fleet management. Finding the right software that suits your business is very important. All EAM platforms — which are related to CMMS software — offer asset management, but some stand out from the crowd for this crucial feature. Here is the list of top asset management software based on our research. Infor EAM Infor EAM is an asset management solution that helps organize, track and manage assets, work orders, preventive maintenance, materials, inventories, budgets and projects.

You can also monitor KPIs, generate reports, track labor and add routes to work orders. Create, track and complete work orders in Infor EAM. IFS EAM helps you maintain assets and manage asset life cycle and performance to ensure your assets run for a long period of time.

It offers features like fleet management, document management, MRO maintenance, repair overhaul , material management, facilities management, plant engineering and more. Asset Essentials by Dude Solutions is an enterprise and asset management solution that enables you to streamline workflows, enhance operational efficiency, improve processes, analyze KPIs, manage work orders and extend asset life cycles.