Best Asset Tracking Software
Best asset tracking software are Asset Panda, AssetExplorer, AssetTiger, Asset Infinity, and AssetSonar. These asset tracking systems help businesses track their physical or digital assets in one system.



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List of 25 Best Asset Tracking Software
Configurable. Secure. Future-Proof.
Product Description
WebTMA is a comprehensive asset and facility management software designed to streamline maintenance processes, enhance equipment reliability, and reduce downtime. With features like preventive maintenance, work order management, and mobile solutions, it ensures operational efficiency across diverse industries. Read More About WebTMA
WebTMA Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Service Request Portal
- Integration Capabilities
- Api Integration
- Incident Management
- Asset Management
- Work Order Management
- Preventive Maintenance
- Customizable Workflows
- View all Features
Category Champions | 2025
Digitally Transforming the Asset Audit and Trackin
Product Description
AssetCues is a trusted asset tracking partner for prominent global companies and a leading enterprise asset tracking solution provider that completely manages every asset tracking need. Read More About AssetCues
AssetCues Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Gps Tracking
- Inventory Management
- Asset Lifecycle Management
- Dashboard Analytics
- Data Import/export
- Rfid Integration
- Check In/check Out
- Audit Trails
- View all Features
Basic
$ 20
User/Month
Standard
$ 30
User/Month
Enterprise
$ 40
User/Month
AssetCues Features and Usability-Based User Satisfaction Score
Contenders | 2025
Product Description
AssetExplorer is one of the best asset tracking solutions businesses prefer to manage their digital and network assets. This web-based IT-asset management software can monitor the assets from the planning to disposal phases effectively. It is a perfect web-based solution that suits businesses from all... Read More About AssetExplorer
AssetExplorer Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Purchase Order Management
- Vendor Management
- Asset Discovery
- Mobile Access
- Hardware Asset Management
- Depreciation Management
- Compliance Management
- Integration Capabilities
- View all Features
AssetExplorer Features and Usability-Based User Satisfaction Score
Contenders | 2025
Product Description
EZOfficeInventory is one of the best asset tracking software, and a powerful inventory system that helps businesses scan items and upload them into the software easily. It can track assets from anywhere across multiple locations at any time. Most companies prefer EZOfficeInventory to create POs,... Read More About EZOfficeInventory
EZOfficeInventory Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Asset Tracking
- Depreciation Management
- Qr Code Scanning
- Alerts And Notifications
- Service Tickets
- Reports And Analytics
- Barcode Scanning
- Check In/check Out
- View all Features
Essential
$ 35
250 Items, Unlimited Users
Advanced
$ 45
250 Items, Unlimited Users
Premium
$ 50
250 Items, Unlimited Users
EZOfficeInventory Features and Usability-Based User Satisfaction Score
Emergents | 2025
Product Description
Snipe-IT is one of the free asset tracking tools that is easy to use and allows you to manage all types of assets from a single location. The asset tracking software, Snipe-IT, is specifically designed to provide better asset security. The tool is updated regularly... Read More About Snipe IT
Snipe IT Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Custom Fields
- Maintenance Scheduling
- Reports And Analytics
- Ldap Integration
- Audit Logs
- Role Based Access Control
- Depreciation Management
- License Management
- View all Features
Snipe IT Features and Usability-Based User Satisfaction Score
Contenders | 2025
Product Description
Asset Infinity is a leading cloud-based asset-tracking software widely used by businesses across verticals. With 99.9% guaranteed uptime, this asset tracking and management software, Asset Infinity, facilitates businesses in many ways. It acts as property tracking software, inventory management software, depreciation management software, user management... Read More About Asset Infinity
Asset Infinity Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Integration Capabilities
- Maintenance Management
- Multi User Support
- Audit Trail
- Location Tracking
- Vendor Management
- Customizable Reports
- Service Management
- View all Features
Asset Infinity Features and Usability-Based User Satisfaction Score
Software by GoCodes
Product Description
GoCodes offers an excellent asset-tracking platform and inventory-tracking solution for businesses. The software provides a centralized location for storing and securing QR stickers for effective management of assets. With GoCodes, businesses can easily schedule asset maintenance tasks and quickly get accurate information about their assets. Read More About GoCodes
GoCodes Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Audit Trails
- Check In/check Out
- Barcode Scanning
- Inventory Management
- Data Import/export
- Cloud Based
- Reporting
- Depreciation Tracking
- View all Features
Software by CHEQROOM
Product Description
CHEQROOM is intuitive and easy-to-use asset-tracking software with many flexible and advanced features. Asset tracking software reviews for CHEQROOM are extremely positive due to its ease of accessibility. It is one of the essential digital tools for modern companies to improve their asset management processes. Read More About CHEQROOM
CHEQROOM Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Custom Fields
- Customizable Templates
- Reporting & Analytics
- Qr Code Scanning
- Audit Trails
- Integration With Other Software
- User Permissions
- Depreciation Tracking
- View all Features
Emergents | 2025
Software by Wasp Barcode Technologies
Product Description
Wasp Inventory Management is excellent inventory management software available at a reasonable price. With many features, real-time functionalities, and customized packages, Wasp Inventory Management is the best asset-tracking solution for small businesses. It offers multiple options like searching by serial number, date, pallet, and so... Read More About Wasp Inventory Management
Wasp Inventory Management Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Reporting And Analytics
- Serial Number Tracking
- Kitting And Assembly
- Customer Management
- Asset Tracking
- Stock Alerts
- Audit Trail
- Inventory Tracking
- View all Features
Standard
$ 795
One Time
Professional
$ 2695
One Time
Enterprise
$ 4495
One Time
InventoryCloud
$ 3495
One Time
Wasp Inventory Management Features and Usability-Based User Satisfaction Score
Emergents | 2025
Product Description
Asset Panda is a powerful asset management platform that tracks digital and physical assets. This asset-tracking software costs much less than other leading software, yet it has the same exceptional tracking features, including a built-in barcode scanner, custom notifications, workflows with custom actions, multiple language... Read More About Asset Panda
Asset Panda Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Qr Code Generation
- Document Management
- Audit Trail
- Multi Location
- Mobile Access
- Role Based Permissions
- Workflow Automation
- Maintenance Management
- View all Features
Asset Panda Features and Usability-Based User Satisfaction Score
Emergents | 2025
Product Description
itemit is one of the most superior and simplistic asset-tracking software solutions on the current market. It is cloud-based and highly intuitive, allowing users to track and manage assets easily. With guaranteed 99.9% uptime, this asset-tracking software lets you track assets offline. Read More About itemit
itemit Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Cloud Based
- Asset Tracking
- Custom Fields
- Rfid Asset Tags
- Integration Capabilities
- Reporting And Analytics
- Multi User Access
- Asset Lifecycle Management
- View all Features
Starter
$ 1300
Annual Subscription
itemit Features and Usability-Based User Satisfaction Score
Software by SmartSign
Product Description
AssetTiger is an exceptional asset database tool with an intuitive user interface integrated with top-notch security features. The affordable asset tracking software price of AssetTiger and the straightforward process of tracking assets make it preferred by top companies worldwide. Companies can easily automate their asset... Read More About AssetTiger
AssetTiger Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Audit Trail
- Location Tracking
- Service History
- Alerts/notifications
- Cloud Based
- Custom Fields
- Asset Tracking
- Inventory Management
- View all Features
Software by UpKeep Maintenance Management
Product Description
The asset tracking software, UpKeep Maintenance Management, helps businesses scale their team operations efficiently and effectively. It is the best on-the-go tracking software for managing and quickly accessing assets from anywhere. The software offers core maintenance functionality through which businesses can initiate preventive maintenance tasks... Read More About UpKeep Maintenance Management
UpKeep Maintenance Management Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Calendar Integration
- Real Time Reporting
- Cost Tracking
- Task Scheduling
- Offline Mode
- User Permissions
- Request Management
- Inventory Management
- View all Features
Starter
$ 30
Technician/Month
Professional
$ 48
Technician/Month
Contenders | 2025
Product Description
AssetCloud is a leading asset-tracking software that enables businesses from all verticals to manage and track their assets. This software inherits all the features and functions of top asset-tracking apps and delivers exceptional package-tracking service. With this AssetCloud software, businesses can easily track inventories, employee... Read More About AssetCloud
AssetCloud Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Inventory Management
- Asset Tracking
- Integration With Erp Systems
- Maintenance Management
- User Permissions
- Mobile Access
- Cloud Based Access
- Disposal Management
- View all Features
Basic
$ 49
User/Month
Plus
$ 79
User/Month
Complete
$ 119
User/Month
AssetCloud Features and Usability-Based User Satisfaction Score
Software by Tragging sarl
Product Description
Tragging Fixed Assets is specially designed software to provide an end-to-end solution to track and manage assets for small-scale businesses. Like other top asset tracking tools, Tragging Fixed Assets is integrated with notable features like inventory tracking, asset lifecycle management, asset budgeting, depreciation management, disposal... Read More About Tragging Fixed Assets
Tragging Fixed Assets Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Barcode Scanning
- Integration Capabilities
- Disposal Management
- Asset Lifecycle Management
- Check In/check Out
- Location Tracking
- Audit Trail
- Multi Location Support
- View all Features
Contenders | 2025
Product Description
FMIS Fixed Asset Management is a cloud-based asset management software businesses use across multiple industries like retail, real estate, healthcare, manufacturing, education, the oil sector, etc. As a leading property tracking software, FMIS helps businesses track asset status and get the history of assets across... Read More About FMIS Fixed Asset Management
FMIS Fixed Asset Management Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- User Access Controls
- Document Management
- Mobile Access
- Barcode/rfid Integration
- Asset Tagging
- Depreciation Management
- Financial Reporting
- Lease Management
- View all Features
FMIS Fixed Asset Management Features and Usability-Based User Satisfaction Score
Category Champions | 2025
Freshservice is a cloud based ITSM Solution
Product Description
Freshservice is a cloud-based asset-tracking software that empowers businesses to focus on prime aspects to improve customer satisfaction. The tool assists the service desk team in delivering what customers seek. Advanced features, excellent functionality, and ease of integration with other business tools make Freshservice a... Read More About Freshservice
Freshservice Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Knowledge Base
- Collaboration
- Incident Management
- Orchestration
- Time Tracking
- Release Management
- Project Management
- Change Management
- View all Features
Starter
$ 19
Agent/Month Billed annually
Growth
$ 50
Agent/Month Billed annually
Pro
$ 101
Agent/Month Billed annually
Freshservice Features and Usability-Based User Satisfaction Score
Emergents | 2025
Product Description
Ideal for manufacturing and warehouse verticals, Fishbowl Inventory Management software offers an excellent asset-tracking platform designed to cater to various business sizes. With extensive inventory management features, Fishbowl Inventory Management software can be easily deployed on-premises or via the cloud. Read More About Fishbowl Inventory Management
Fishbowl Inventory Management Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Lot Number Tracking
- Purchase Order Management
- Cycle Counting
- Customer Management
- Mobile Access
- Quickbooks Integration
- Shipping Integration
- Inventory Tracking
- View all Features
Starter
$ 4395
One Time
Fishbowl Inventory Management Features and Usability-Based User Satisfaction Score
Contenders | 2025
Product Description
With many positive asset tracking software reviews, AssetWorks is an asset management software that is the best solution for businesses looking for an ideal platform to incorporate policies, procedures, and methods. It collects and stores all asset information in a centralized location, ensuring convenient accessibility... Read More About AssetWorks
AssetWorks Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Compliance Management
- Mobile Access
- Inventory Management
- Barcode Scanning
- Fleet Management
- Capital Planning
- Preventive Maintenance
- Audit Trail
- View all Features
AssetWorks Features and Usability-Based User Satisfaction Score
Software by TrackAbout
Product Description
TrackAbout is one of the reliable asset tracking solutions providers for businesses that want to automate the asset-tracking process. This cloud-based software comes with returnable asset tracking features, an audit trail, disposal management, location tracking, inventory control, and a maintenance schedule. TrackAbout software facilitates collaboration... Read More About TrackAbout
TrackAbout Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- User Permissions
- Asset Tracking
- Depreciation Tracking
- Alerts And Notifications
- Audit Trail
- Custom Reporting
- Integration With Erp Systems
- Mobile Access
- View all Features
Software by MapYourTag
Product Description
MapYourTag asset management software facilitates businesses to track and manage their assets, resources, devices, etc., through barcodes, QR codes, NFC tags, or custom IDs. This asset-tracking software is reasonably priced and packed with all the essential features, making it the best choice for SMEs and... Read More About MapYourTag
MapYourTag Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Barcode Scanning
- Audit Trail
- Data Export
- Check In/check Out
- Gps Location Tracking
- User Access Control
- Asset Tracking
- Qr Code Generation
- View all Features
Category Champions | 2025
Manage your Maintenance and Operations. Without th
Product Description
MaintainX is an AI-powered asset maintenance platform that enhances productivity by reducing unexpected downtime and optimizing resource management. It empowers frontline teams with real-time tracking, data-driven insights, and seamless workflow integration. Read More About MaintainX
MaintainX Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Document Management
- Gps Tracking
- Real Time Updates
- Reporting And Analytics
- Photo Capture
- Integration With Other Tools
- Inventory Management
- Compliance Management
- View all Features
Basic Plan
$ 0
Per User
Essential Plan
$ 16
User/Month
Premium Plan
$ 49
User/Month
Enterprise Plan
$ 115
User/Month
MaintainX Features and Usability-Based User Satisfaction Score
Contenders | 2025
Product Description
Fiix is the cloud-based maintenance management software solution that serves businesses of every size, from small to enterprise. It is trusted by thousands of companies across the world.The core functionalities include asset management, cost management, managing worker productivity, labor scheduling, and managing warranty costs. It... Read More About Fiix
Fiix Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Customizable Dashboards
- Integration Capabilities
- Preventive Maintenance
- Multi Site Management
- Parts And Supplies Management
- Document Management
- Condition Monitoring
- Inventory Management
- View all Features
Basic
$ 29
Per Month
Professional
$ 49
Per Month
Enterprise
$ 79
Per Month
Fiix Features and Usability-Based User Satisfaction Score
Category Champions | 2025
Easily access your asset data from anytime, anywhe
Product Description
Are you struggling to make your asset management error-free? Then start using nTireCAMS, the asset management system. The Asset Accounting feature of this asset tracking system comes with US GAAP and SOX compatibility. Read More About nTireCAMS
nTireCAMS Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Work Order Management
- Barcode/rfid Integration
- Asset Lifecycle Management
- Customizable Dashboards
- Reporting And Analytics
- User Access Controls
- Maintenance Management
- Contract Management
- View all Features
nTireCAMS Features and Usability-Based User Satisfaction Score
Category Champions | 2025
Solution to boost your IT team’s performance
Product Description
Vitalize your IT service management practices with a robust ServiceNow ITSM solution to enhance the performance of your IT team, minimize IT expenses, and improve IT and business service availability. Read More About ServiceNow ITSM
ServiceNow ITSM Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Service Mapping
- Mobile App
- Reporting And Dashboards
- Asset Management
- Self Service Portal
- Performance Analytics
- Event Management
- Incident Management
- View all Features
ServiceNow ITSM Features and Usability-Based User Satisfaction Score
As a business owner, the task of tracking various assets like laptops, machines, trucks, and furniture can be demanding. Accurately maintaining records for all these assets becomes crucial but challenging. Improving the asset tracking process becomes a priority to ensure efficiency and better management of the business's diverse range of valuable resources.
Fortunately, asset tracking software provides a solution by streamlining operations and ensuring accurate records, which is crucial for companies of all industries, including manufacturing, healthcare, construction, education, and retail.
With asset tracking software, you can centralize data, improve inventory management, optimize maintenance, and enhance resource allocation. Invest in the right asset management solution to boost efficiency, reduce costs, and increase productivity.
We'll take a deep dive into asset tracking software in this thorough guide, analyzing its unique features and benefits, the issues you may face, the newest trends, pricing information, and check out the best 5 asset tracking software solutions on the market.
By the end of this guide, you'll have all the knowledge you need to make an educated decision and select the finest asset tracking software for your company.
So, let's get started!
What does Asset Tracking Software mean?
Asset tracking software program is a technological solution that assists corporations in monitoring and managing their assets. This software often uses barcode or QR code scanning, GPS tracking, and other means to track the location, status, and condition of business assets. It provides businesses real-time data on their assets, allowing them to make informed asset management decisions.
Who Uses Asset Tracking Software?
Manufacturing, logistics, construction, healthcare, education, information technology, and retail all employ better asset tracking and monitoring software. The following sectors benefit from asset-tracking software:
-
Manufacturing
In manufacturing, asset tracking software is critical for effective inventory tracking of raw materials and completed commodities. Real-time visibility streamlines operations and ensures optimum resource utilization by optimizing production and distribution processes. It aids in avoiding stock outs, reducing production delays, and increasing overall productivity.
-
Logistics
In Logistics, asset tracking software allows for efficient inventory tracking by giving real-time information on quantity, location, and movement. It improves inventory management by lowering stockouts and surplus. Tracking shipments precisely boosts customer happiness by providing correct information. This program assures proper product choosing and packing while also reducing costs associated with wrong delivery.
-
Construction
Asset tracking software is extremely useful in the construction industry for tracking equipment, tools, and materials and minimizing loss or theft. It allows for resource allocation, reduces asset loss, and saves downtime. The program facilitates maintenance scheduling while also eliminating unforeseen breakdowns and increasing project efficiency.
-
Healthcare
In healthcare, asset tracking software is critical for tracking medical equipment, supplies, and prescriptions. It assures patient care availability and maintains expiration dates to prevent waste. The program reduces theft and loss while increasing asset utilization for expensive medical equipment.
-
IT and Technology
Asset tracking software is critical for managing hardware and software assets in IT and technology firms. It offers centralized tracking throughout their lives, including inventory and allocation management. The software maintains the warranty and license, lowering the chance of infringement. IT organizations properly track assets to allocate resources wisely and schedule maintenance and upgrades.
-
Education
Asset tracking software aids educational institutions by tracking equipment, furniture, and books, thereby preventing loss or misplacement. It ensures resource availability and aids in maintenance scheduling, hence lowering expenses.
-
Retail
In retail, asset monitoring software is critical for tracking inventory, displays, and fixtures. It keeps correct inventory records, ensuring customer availability. Real-time tracking avoids theft, minimizes losses, and aids with inventory management. Inventory management that is optimized promotes customer satisfaction, operational efficiency, and profitability.
Features of Asset Tracking App
Asset tracking apps offer several features that make asset tracking more efficient and effective. Here are some of the features to look for in an asset tracking app:
-
Barcode/QR code scanning
Barcode/QR code scanning is crucial for asset tracking apps, enabling users to scan and identify objects quickly. By eliminating manual data entry, this feature minimizes errors and saves time.Some apps even support numerous barcode formats, making it simple to track assets with several types of labels.
-
GPS tracking
GPS tracking is another crucial feature that allows users to track the location of assets in real time, making it easier to find them and ensuring that they are not forgotten or lost.It is greatly beneficial for tracking assets that are always in motion, such as automobiles or construction equipment.
-
Maintenance tracking
Asset tracking apps benefit from maintenance tracking since it helps users to schedule and manage asset upkeep. Users can use this tool to schedule reminders for impending maintenance chores and track the status of completed activities.This can help to ensure that assets are well-maintained and can help to extend their lives.
-
Customizable fields
Customization fields are an important feature since they enable users to tailor the app to their individual company needs. Users can utilize this functionality to add fields to track extra data points vital to their business, such as purchase dates or maintenance history. It can also aid in ensuring that the app gives the appropriate information for the user's individual requirements.
-
Reporting
Reporting is an important feature for asset tracking apps since it enables users to generate reports on asset data and performance. Users may instantly view statistics such as asset use, maintenance history, and inventory levels with this functionality. This data can be utilized to spot trends, make data-driven decisions, and improve asset management operations.
-
User permissions
User permissions are an important feature for asset tracking apps since they allow users to limit access to certain asset data. Users can manage who gets access to sensitive information such as purchase prices or maintenance histories with this feature.This can contribute to data privacy and security.
-
Integration with other systems
Another crucial aspect to look for in an asset tracking tool is integration with other systems. Users can connect the app to their existing applications, such as accounting or help desk platforms, using this capability. This can improve accuracy and save time by streamlining operations and reducing data entry errors.
Key Benefits of Asset Tracking Tool
Asset tracking tools offer several benefits to businesses, including improved asset management, increased efficiency, cost saving, enhanced productivity, accurate inventory management, improved compliance and better decision making:
-
Improved asset management
Asset tracking tools give businesses real-time data about their assets, allowing them to make informed asset management decisions. This involves tracking asset location, asset usage history, and maintenance requirements, allowing firms to optimize asset utilization and avoid asset loss.
-
Increased efficiency
Asset tracking software automates asset tracking, eliminating human labor and saving time. Businesses may focus on more vital duties such as asset maintenance and optimization by automating the asset tracking process.
-
Cost savings
Asset tracking tools reduce the risk of asset loss, theft, and damage, lowering corporate costs. Businesses can promptly locate and recover lost assets, decrease asset replacement costs, and avoid costly downtime caused by asset damage or theft by giving better visibility into asset location and condition.
-
Enhanced productivity
Asset tracking solutions give firms greater visibility into asset performance, allowing them to optimize operations and boost efficiency. Businesses using asset tags can detect underutilized assets, optimize asset allocation, and reduce downtime caused by asset malfunction or maintenance needs by measuring asset utilization and performance.
-
Accurate inventory management
Asset tracking software allows organizations to accurately track inventory levels, decreasing the risk of stockouts and overstocking. Businesses may ensure that they have the proper quantity of inventory on hand to satisfy demand, reduce inventory carrying costs, and avoid lost sales due to stockouts by managing inventory levels in real-time.
-
Improved compliance
Asset tracking software can assist firms in meeting a variety of industry rules and norms. Businesses may verify that they are satisfying regulatory requirements and avoiding penalties or fines by providing correct and up-to-date information about asset location, usage, and maintenance history.
-
Better decision-making
Asset tracking software can help firms make better asset management decisions by delivering real-time data and insights about asset performance and utilization. Identifying opportunities for improvement, improving asset use, and projecting future demands are all examples of this. Businesses may make more educated decisions that benefit their bottom line with better data at their fingertips.
How To Choose the Right Asset Tracking App?
When considering your cloud based asset management and tracking app choices, it is critical to select the best solution for your organization's goals and objectives.
Below listed are some important things to bear in mind:
-
Holistic asset tracking capabilities
When selecting the right asset tracking software for your business, consider features such as barcode/QR code scanning, GPS tracking, maintenance tracking, customizable fields, reporting functionality, and user permissions for comprehensive asset management.
-
Stick to proven products
Select asset tracking software with a demonstrated track record of success by considering its successful implementation and utilization by similar businesses, as well as the feedback and ratings from other users to ensure its performance, reliability, and suitability for your specific needs.
-
Understand the lifecycle of assets
When selecting asset tracking software, assess its ability to support the entire lifecycle of your assets, including procurement, assignment, maintenance, retirement, and disposal, while also considering its capability to handle asset depreciation and provide accurate asset valuation.
-
Objectives and expectations
To choose the right asset tracking software, clearly define your objectives, identify challenges or goals, and evaluate software options based on how well they meet your specific needs and desired outcomes.
-
Scalability
When selecting asset tracking software, consider future growth and scalability by choosing software that can handle expanding assets and users, maintain performance, and easily adapt to changing organizational needs.
-
Ensure data security and maintenance
When selecting asset tracking software, prioritize both data security and vendor support by choosing a solution that implements robust security measures, demonstrates commitment to data privacy and compliance, and provides reliable maintenance, updates, and responsive customer support.
-
Compatibility with the technology used in your organization
Choose asset tracking software that seamlessly integrates with your organization's technology infrastructure, including essential systems like ERP, barcode scanners, and mobile devices, to streamline workflows, boost productivity, and eliminate manual data entry.
Apart from the above-listed pointers, it's also important to consider users' feedback, ratings, and reviews before selecting an asset-tracking software. These will help you learn more about the solution's functionality and usability better.
Top 5 Asset Tracking Software
Name
|
Free Trial
|
Demo
|
Starting Price
|
---|---|---|---|
Asset Panda |
14 Days |
Yes |
$1495/year |
EZOfficeInventory |
14 Days |
Yes | $40/month |
UpKeep |
14 Days |
Yes |
$45/user/month |
Sortly |
7 Days |
Yes |
$29/user/month |
Snipe-IT |
7 Days |
Yes |
$39.99/month |
Discover the top 5 asset tracking software systems that empower businesses to efficiently manage and monitor their assets. Explore their features, pricing options, and pros and cons to make an informed decision.
Asset Panda is a cloud-based asset tracking and management software that assists businesses in tracking, managing, and organizing their assets efficiently. It offers a comprehensive range of tools and features aimed at streamlining asset management operations and increasing overall efficiency.
- Asset Tracking from anywhere
- Customizable Asset Database
- Check-in/Check-out Management
- Built-in barcode scanner
- Reporting and Analytics
- Custom notifications provided to keep everyone informed for improved efficiency and planning
- Mobile app for convenient on-the-go access.
- Integration options with other business systems.
- Comprehensive reporting and analytics features.
- Complex setup and configuration process.
- Steeper learning curve for non-technical users.
- Customer support response time can vary.
Pricing
- Basic plan starts at $1,495 per year for up to 500 assets
- Advanced and Enterprise plans require a custom quote
EZOfficeInventory is a cloud-based asset tracking and management software designed to assist businesses manage their physical assets, equipment, and inventories more efficiently. It offers an extensive set of features and tools for streamlining asset management operations, increasing asset visibility, and improving operational efficiency.
- Asset management
- User management
- Maintenance Management
- Reports & Notifications
Each of the features offers an even more comprehensive set of features which makes it more useful for its users.
- Mobile app for easy accessibility.
- Customizable reports and notifications.
- Integrations with many business software.
- Some users have reported occasional performance issues.
- Customization options may be limited for specific workflows.
- Integration options may not cover all business systems.
Pricing
- The Essential plan starts at $40 per month for up to 250 items.
- The Advanced plan starts at $55 per month for up to 250 items
- Premium plan starts at $65 per month for up to 250 items
- Enterprise plans require a custom quote
UpKeep is computerized maintenance management system (CMMS) software that assists organizations in streamlining their maintenance operations. Its primary goal is to help maintenance teams organize work orders, track assets, and schedule preventive maintenance chores more efficiently.
- Work Order Management
- Asset and Equipment Tracking
- Customizable Checklists
- Inventory Management
- Vendor Management
- User-friendly interface with a clean layout.
- Real-time updates and notifications.
- Limited customization options for forms and workflows.
- Advanced reporting capabilities may require additional setup.
Pricing
- The "Starter" plan at $45/user/month
- The "Professional" plan at $75/user/month
- The Business Plus plans start at $120/user per month
Sortly is an all-in-one inventory management and asset monitoring software that is designed to make organization and tracking easier. It offers businesses straightforward capabilities such as barcode scanning, customisable fields, and cloud-based storage, allowing users to manage and identify their inventory and assets more efficiently.
- Barcode and QR code scanner
- High-resolution photo uploads for visual tracking of items
- Low stock alerts to prevent inventory shortagesReal-time reporting
- Automatic inventory sync across all devices for seamless management.
- Mobile app for on-the-go access.
- Customizable fields and categories.
- Affordable pricing plans.
- Lack of integration options with other business systems.
- Reporting capabilities may be basic.
Pricing
- Advanced Monthly plan is $29/month for 2 users
- Ultra Monthly plan is $59/month for 5 users.
- Contact Sortly for pricing on the "Enterprise" plan supporting up to 10 users.
Snipe-IT is another open-source asset management software that helps businesses track and manage their assets. It has features such as barcode scanning, customizable asset fields, a friendly user-interface, and thorough reporting. Businesses can use Snipe-IT to streamline asset monitoring operations, increase visibility, and give seamless asset management experience.
- Barcode scanning for efficient asset tracking
- Customizable asset fields to adapt to specific tracking needs
- Customizable asset lifecycle management for tracking assets throughout their lifecycle.
- Integration capabilities with other systems and platforms
- API support for seamless integration with external applications.
- Customizable fields, labels, and categories.
- Integration options with other business systems.
- Active community support and frequent updates.
- May lack some advanced features found in paid tools.
- Additional development or customization may be needed for specific requirements.
- Some users have reported occasional compatibility issues with certain systems.
Pricing
Snipe-IT offers various pricing options to cater to different needs. The "Self-Hosted" option is free, allowing users to host the software on their infrastructure. The "Monthly Hosted" plan is priced at $39.99/month, while the "Annual Hosted" plan costs $399.99/year, providing cost savings. The "Support-Only" plan is available for $449.99/year, and the "Enterprise Support" plan, tailored for larger organizations, is priced at $4,999.99/year. For more details, visit Snipe-IT's website.
Challenges of Asset Tracking Tool
While asset tracking tools provide numerous benefits, users may encounter some difficulties. Among these difficulties are:
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Data accuracy
For proper asset tracking systems, accurate data entry is critical. To avoid errors and ensure accuracy, clear protocols, user training, and an emphasis on exact data input are required.
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Integration with existing systems
Asset tracking software frequently requires integration with other software such as inventory management or ERP software. To ensure a successful integration, compatibility tests and close engagement with the software vendor are required.
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User adoption
Encouraging personnel to adopt a new asset tracking system can be challenging. Organizations should emphasize the benefits, give extensive training and assistance, and establish a positive change management atmosphere.
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Cost
Implementing asset tracking tools can involve significant costs, especially for small organizations with limited budgets. It is crucial to carefully evaluate the total cost of ownership, which includes not only the software but also any required hardware, ongoing maintenance, and support services. Conducting a cost-benefit analysis and exploring flexible pricing options is recommended.
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Security
Security is of utmost importance because asset tracking tools store sensitive data. There should be strong security safeguards in place, such as data encryption and user access controls. Data safety is ensured by regular security audits and adherence to industry best practices.
Latest Trends in Asset Tracking App
To stay ahead of the competition, organizations must keep up with the latest advancements in the asset-tracking market. Here are some of the top asset-tracking app trends:
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IoT-enabled asset tracking
The Internet of Things (IoT) is revolutionizing asset tracking. Businesses may monitor the location, status, and other vital data of assets in real time by embedding sensors and other devices in them. This makes asset tracking more accurate and efficient, as well as predictive maintenance possible.
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Predictive maintenance
Asset-tracking apps can now forecast when fixed assets will require maintenance or repairs using machine learning and data analytics. This enables firms to schedule maintenance proactively rather than reactively, decreasing downtime and increasing asset life.
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Mobile-first design
As more firms use mobile devices to manage their assets, asset-tracking apps are evolving to suit this need. Many apps now feature mobile-first design, with user interfaces optimized for smartphones and tablets.
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Augmented Reality (AR)
Augmented reality (AR) elements are also being added to asset tracking apps, allowing users to see virtual representations of items overlaid in the actual environment. This is especially important for maintenance and repair operations since it allows technicians to easily identify and locate assets.
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Cloud-based solutions
Cloud-based asset tracking solutions are gaining popularity because they provide flexibility, scalability, and cost-effectiveness. Businesses can access their asset data from anywhere and simply scale up or down as their needs change with cloud-based solutions.
Businesses that keep up with these developments can take advantage of the most recent advances in asset tracking apps and can manage assets in their operations for optimal efficiency and profitability. Whether you're just getting started with asset tracking or want to replace your current system, these patterns should be considered when selecting an asset tracking app.
Average Asset Tracking Software Cost
Deciding the right asset tracking software might be a challenge, when considering their costs it can be varied based on features, scalability, and provider pricing.
Below are few asset tracking software price options to consider:
- Basic Plan: The costs start from $20 to $50 per month which are suitable options for small businesses.
- Professional Plan:This plan has more features than the basic plan and ranges from $50 to $200 per month.
- Enterprise Plan: Suitable for larger organizations and this ranges from several hundred dollars to several thousand dollars per month.
- Additional fees: Many providers charge additional fees for extra users or assets beyond the limit in the plan.
- One-Time Purchase Options: Software available for a single upfront fee, typically ranging from a few hundred to several thousand dollars.
To find the best asset tracking software within your organization's budget, it is advisable to thoroughly evaluate the features, scalability options, and cost considerations of each solution.
Compare the pricing structures of different providers, keeping in mind the level of functionality required and any potential additional expenses and choose the suitable asset tracking software solutions.
Conclusion
Asset tracking software is a strong tool that may assist firms of all sizes in improving asset management, increasing efficiency, and saving money. Consider your organization's specific objectives and goals when considering software alternatives, and search for software that provides a comprehensive approach to asset tracking. Organizations may optimize their asset management procedures and drive long-term success by implementing the correct asset management software.
FAQs
How do you track assets tool?
Asset tracking is a crucial component of asset management, and there are numerous technologies available to carry it out. Utilizing asset tracking software is a popular technique since it enables companies to keep track of their assets using tools like barcode or QR code scanning, GPS tracking, and customizable fields.
An additional strategy is utilizing RFID (Radio Frequency Identification) technology, which tracks assets using radio waves and offers real-time visibility. The choice of asset monitoring software will ultimately depend on the needs and demands of the company.
Which technology is used in asset-tracking apps?
Asset tracking apps utilize various technologies, such as RFID, GPS, barcode/QR code scanning, and IoT, to track assets. GPS provides location through satellite signals, RFID uses radio waves with tags, barcode/QR code scanning reads data, and IoT incorporates sensors and wireless connectivity for real-time tracking. The choice of technology depends on the app's functionality and company requirements.
What is the asset tracking software in SAP?
SAP offers three asset tracking solutions: SAP Asset Intelligence Network (cloud-based), SAP Asset Central (on-premises), and SAP Asset Manager (mobile app). They enable businesses to track assets, monitor performance, and manage maintenance. Asset Intelligence Network facilitates real-time collaboration, Asset Central provides a centralized asset view, and Asset Manager empowers field employees with mobile asset management capabilities. Together, these solutions offer comprehensive asset monitoring and management features for businesses.