The 7 Best Asset Tracking Software to Keep Your Business Organized

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Like most business owners, you probably have a lot on your plate. And as if managing day-to-day operations wasn’t enough, you also have to worry about tracking your assets. After all, losing track of your assets can be costly – both in terms of money and time.

Thankfully, many asset tracking software programs are available to make the process much easier for you. In this blog post, we’ll take a look at seven of the best programs out there. So we’ve got you covered, whether you’re looking for a program that can help you keep track of your physical or digital assets. Let’s get started. 

Asset Tracking 101

Asset tracking is the monitoring of physical assets, such as equipment, tools, inventory, and vehicles. Asset tracking aims to maintain an up-to-date record of where an asset is located and who uses it.

This information can optimize the utilization of assets, schedule maintenance and repairs, and track the movement of assets between locations. Asset tracking can be accomplished through barcodes, RFID tags, GPS systems, or manual check-in/check-out processes.

By keeping track of assets, businesses can save time and money while ensuring that their assets are adequately maintained and used.

Reviews of the Best Asset Tracking Software from Our Research 

Asset Panda

Asset Panda is the overall best asset tracking software that helps businesses of all sizes keep track of their valuable assets. It’s easy to use and efficient, making it the perfect solution for any organization looking for an effective way to manage its assets.

It allows users to inventory and manage their software assets and track the data associated with each piece of software. Asset Panda also provides detailed reports on all software data, making it easy to see how much each software costs and which programs are used most.

For businesses looking for an efficient way to track their software licenses and assets, Asset Panda is a great option. Get started with Asset Panda today and see how it can help your business.

Features

  • Ease of use: Asset Panda is easy to use, even for those without prior asset tracking experience.
  • Cost: Asset Panda is a cost-effective solution for businesses of all sizes.
  • Functionality: With its many features and capabilities, Asset Panda can handle any asset tracking needs (fixed and IT software) you have.

Pricing

  • Free trial – 14 days
  • $83  – 2 users
  • Enterprise – Quote

Overall verdict 

Asset Panda is a great option for businesses looking for asset tracking software that is both easy to use and cost-effective.

Manage Engine

Asset Explorer from Manage Engine is a comprehensive asset management solution that helps organizations track and manage their IT assets. It provides a centralized platform to inventory all hardware and software assets, including mobile devices and cloud resources.

Asset Explorer also offers robust features for monitoring asset utilization, tracking changes, and managing licenses. With its intuitive UI and comprehensive reports, Asset Explorer makes it easy to stay on top of your organization’s asset management needs.

It also includes features that help keep the asset data accurate and up-to-date, such as an automated discovery process and support for manual updates.

Features

  • The UI is simple and easy to use, even for those without asset management experience.
  • Comprehensive reports: Asset Explorer provides detailed reports on all aspects of your organization’s asset data.
  • Automated discovery: The automated discovery process helps to keep the asset data accurate and up-to-date.

Pricing 

  • Professional Plan: Starts at $795
  • Enterprise Plan: Starts at $995 
  • UEM: Starts at $1095  

Overall Verdict 

Manage Engine Asset Explorer is a valuable tool for any organization that wants to improve its asset management process and effectively manage its devices  from one central location. 

UpKeep Asset

UpKeep is the innovative asset tracking software that helps businesses keep tabs on their inventory. UpKeep makes it easy to track and manage all your assets in one place, from tools and equipment to office furniture and supplies. 

With UpKeep, you can create a digital catalog of all your assets, complete with photos, descriptions, and location information. Then, use the software to track who is using what, when items are due for maintenance, and more.

UpKeep lets you set up alerts, so you never have to worry about losing track of your valuable assets again.  You can set reminders for when assets need to be serviced or replaced. This way, you can always keep your assets in good condition.

UpKeep is the perfect solution for any asset manager.

Features

  • UpKeep is easy to use and can be customized to fit your specific needs. 
  • It’s affordable and scalable so that it can grow with your business. 
  • The software automatically updates, so you always have the most current information at your fingertips. 
  • It integrates with other leading software programs, making asset management streamlined and efficient. 

Pricing

  • 7-day free trial
  • Starter: $45 per month 
  • Professional: $75 per month 
  • Business Plus: Custom Pricing 

Overall Verdict 

Upkeep Asset is an intuitive tool with robust analytics and can easily integrated across your already existing business systems and processes. 

Ivanti

Ivanti Asset Tracking is one of the most comprehensive and user-friendly software available in the market for managing physical assets. Its main objective is automating tedious and time-consuming asset tracking tasks.

The software is loaded with features like centralized asset repository, asset assignment and utilization tracking, approvals, and workflows, bulk import and export of data, etc.

Perhaps the best feature of Ivanti Asset Tracking is its ability to integrate with other enterprise applications like ERP, CRM, etc. This gives users a holistic view of their assets and utilization.

Features

  • Centralized asset repository: Ivanti Asset Tracking provides a centralized platform to store all your asset data.
  • Asset assignment and utilization tracking: The software allows you to track and manage the utilization of your assets.
  • Approvals and workflows: Ivanti Asset Tracking includes approvals and workflows to help stream nodes.
  • Bulk import and export of data: The software allows you to import and export asset data in bulk easily.
  • Integration with other enterprise applications: Ivanti Asset Tracking can be integrated with other enterprise applications like ERP, CRM, etc.

Pricing

  • 45-day free trial 
  • Custom Pricing 

Overall Verdict

Ivanti Asset Tracking is an excellent tool for managing physical assets and will be a useful addition to any large organization.

GoCodes

GoCodes is a leading provider of asset tracking and management solutions. Its flagship product, GoCodes Asset Tracking, is used by organizations of all sizes to track tools and consumables and manage their physical assets.

GoCodes Asset Tracking is a cloud-based solution that offers several asset management features, including asset tracking and location invoice and purchase order integration. GoCodes Asset Tracking integrates with your organization’s invoicing and purchase order systems.

This allows you to track assets from the time of purchase through to disposal.

Features

  • Robust reporting: The software provides several reports to help you track and manage your assets.
  • Customizable asset tags: GoCodes comes with patented QR code labels which are custom designed for you. 
  • Invoice and purchase order integration: GoCodes Asset Tracking integrates with your organization’s invoicing and purchase order systems. This allows you to track assets from the time of purchase through to disposal.

Pricing

  • Standard: $500 per year 
  • Premium: $1000 per year 
  • Premium Elite: $1750 per year 
  • Professional: $2500 per year 
  • Enterprise: Call the sales team for a quote 

Overall Verdict 

GoCodes Asset is a perfect software for keeping track of tools especially for construction. GiCodes Asset allows you to track your tools from any device and easily update information about your tools by scanning the QR code. 

InvGate Assets

InvGate Asset is a complete solution for managing your organization’s equipment, tools, and other assets. The software tracks all of your assets in one centralized database, making it easy to track who is using what and when.

With InvGate Assets, you can easily comply with regulations and minimize the risk of loss or theft. The software also helps you optimize your asset utilization to get the most out of your investment.

In addition, InvGate Assets offers a comprehensive set of features for managing your inventory, including support for multiple locations and warehouse management. Whether you’re looking for an asset tracking solution for your small business or enterprise organization, InvGate Assets has the features you need to get the job done.

Features

  • Real-time tracking: Know where your assets are at all times, even when they’re on the move. 
  • Alerts: Set alerts and receive notifications if an asset is moved without authorization. 
  • Detailed asset histories: keep track of where your assets have been and who’s had access to them. 
  • Analytics and reporting: generate valuable insights about your assets and their usage. 
  • Easy to use and scalable: InvGate software is easy to use and can be scaled to fit the needs of any business. 
  • Mobile app: InvGate mobile app makes it easy to track assets on the go. 

Pricing 

  • Free Trial 
  • Custom Pricing 

Overall Verdict 

InvGate is an innovative tool for IT asset management and financials. The tool allows pro active tracking of your assets with its alert feature. 

Pulseway

Pulseway is a powerful asset tracking software that enables businesses to keep track of their mobile assets in real-time. Pulseway uses GPS technology to provide accurate and up-to-date information on the location of assets and data on their utilization, maintenance, and repair histories.

The software also includes a comprehensive set of tools for managing asset inventory, orders, and deliveries. With Pulseway, businesses can optimize their asset utilization, reduce downtime, and improve customer satisfaction.

Features

  • GPS tracking: The software uses GPS technology to provide accurate and up-to-date information on the location of assets.
  • Asset utilization tracking: The software helps businesses optimize their asset utilization.
  • Inventory management: The software includes tools for managing asset inventory. Pulseway offers several asset management features, including GPS tracking, asset utilization tracking, and inventory management.

Pricing

  • 14-day free trial
  • Starts at $32 per month for up to 20 assets
  •  Required onboarding and best practices training at $149 

Overall Verdict 

Pulseway includes a comprehensive set of tools for managing asset inventory, orders, and deliveries. With Pulseway, businesses can optimize their asset utilization, reduce downtime, and improve customer satisfaction.

Frequently Asked Questions on the Best Asset Tracking Software 

What Is an Asset Tracking Software?

An asset tracking software is a tool that businesses can use to keep track of their assets. This can include things like office equipment, vehicles, and tools. Asset tracking software can help businesses save time and money by allowing them to keep track of their assets and make sure that they are being used efficiently.

Which Is the Best Tracking Software?

The best asset tracking software for your business depends on several factors, such as the size and needs of your company. Generally though, Asset Panda is the tool with the most intuitive range of features. 

What Is the Best Way to Monitor Assets?

The best way to monitor assets is better to track assets digitally or manually. There are advantages and disadvantages to both digital and manual asset tracking. Digital asset tracking is more accurate and efficient but requires a reliable internet connection. 

What Is RFID Asset Tracking? 

RFID asset tracking is a process that uses radio frequency identification (RFID) technology to track and manage assets. RFID tags are attached to assets, and the tags are scanned by an RFID reader to track the location and movement of the assets. RFID asset tracking can be used for a variety of purposes, including loss prevention, inventory management, and security.

Is It Possible to Track Assets Without GPS?

There are several ways to track assets without GPS, such as RFID tags and barcodes. However, GPS tracking is generally considered the most accurate and up-to-date asset tracking method.

Bottom Line

In conclusion, the seven best asset tracking software we’ve listed can help your business stay organized and keep track of your valuable assets.

Each program has unique features, so be sure to research which will work best for you and your team. Our favorite is Asset Panda. Remember that not all these programs are created equal; some may be more suited for small businesses while others are designed for larger organizations. 

Some may perform better in certain industries than in others. For example, GoCodes is well suited for the construction industry with its QR tags. Similarly, Manage Engine and Ivanti are good options for organizations with a lot of IT assets to track. 

With the right asset tracking software, however, you can breathe a little easier knowing that your company is on top of its game regarding organization and security. 

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