IT Asset Management Tools are vital in monitoring and maintaining a company’s assets, and they are known as asset management. Any property a business owns with a cash value is an asset.
Examples include goods, business accounts, and even office buildings. It includes buying and selling investments within a portfolio and other investment services institutions provide customers.
Managing assets effectively depends on having IT Asset Management Tools, being able to communicate, being analytical, and acting quickly. This article provides a clear view of the top 10 Best IT Asset Management Tools and their features.
What Is An IT Asset Management System?
A set of business practices called IT Asset Management (ITAM) tries to get the most out of an organization’s IT equipment by tracking its status throughout its lifecycle and combining financial, contractual, and inventory data.
To ensure that each asset is used, maintained, upgraded, and disposed of properly at the end of its lifecycle, IT asset management (ITAM) involves the end-to-end tracking and management of IT assets.
ITAM ensures that your business uses and tracks essential physical and digital assets. The main goal is to ensure that IT resources are utilized effectively and efficiently.
Reducing the total number of assets in use and extending the lives of those assets also aids in cost optimization by preventing expensive upgrades. Understanding the total cost of ownership and determining how to use the assets best are crucial components of ITAM.
What Are Some Tools Used To Manage Assets?
If you manage assets, you might need assistance organizing and keeping track of your machinery and other assets.
You can also keep maintenance logs using many asset management tools, which can help you determine when to fix your equipment and possibly prevent mechanical issues.
Using one or more asset management tools can help you better track and organize your asset data, which can help you finish your tasks more quickly and efficiently. These programs can lower administrative costs because one person can use them to manage a lot of data.
Asset Explorer, InvGate Assets, Asset Panda, Ivanti IT Asset Management, GoCodes, MMSoft Pulseway, xAssets, and NinjaOne are just a few asset management tools we can use.
Here Are Our Picks For The 10 Best IT Asset Management Tools
Atera: Integrated IT management with remote monitoring and automation.
SolarWinds: Comprehensive asset tracking and network performance monitoring.
Asset Panda: Flexible asset management with mobile accessibility and customization.
EZOfficeInventory: Streamlined asset tracking with barcode and QR code scanning.
Snipe-IT: Open-source IT asset management with a user-friendly interface.
Auvik: Cloud-based network monitoring with detailed asset visibility.
Freshservice: ITIL-aligned service desk with robust asset management capabilities.
ServiceNow: Enterprise-grade IT service management with comprehensive asset tracking.
AssetExplorer: IT asset management with lifecycle tracking and compliance features.
GoCodes: Asset tracking with GPS and QR code technology for easy management.
10 IT Asset Management ToolsFeaturesStand alone featurePricingFree Trial / Demo1. AteraRemote monitoring and management
Automated patch management
Network discovery and mapping
Real-time alerts and notifications
Centralized asset trackingRemote monitoring and management.Starting at $79/month.Yes2. SolarWindsComprehensive asset tracking
Integrated IT monitoring
Automated discovery and mapping
Detailed hardware/software inventory
Customizable reporting featuresComprehensive network and asset management.Contact for pricing.Yes3. Asset PandaCloud-based asset management
Barcode scanning capabilities
Customizable asset tracking
Mobile access and updates
Detailed audit trailsCustomizable asset tracking platform.Starting at $1,500/year.Yes4. EZOfficeInventoryIntuitive asset tracking
Barcode/RFID integration
Maintenance management
Mobile asset management
Comprehensive reporting toolsEasy-to-use inventory management.Starting at $35/month.Yes5. Snipe-ITOpen-source asset management
User-friendly interface
Customizable asset fields
Detailed reporting capabilities
Role-based access controlOpen-source asset management.Free and open-source.No6. AuvikNetwork-focused asset management
Automated network discovery
Real-time network monitoring
Detailed network mapping
Alerting and troubleshooting toolsNetwork monitoring and visualization.Contact for pricing.Yes7. FreshserviceIntegrated ITSM solution
Automated asset discovery
Incident and problem management
CMDB and change management
Comprehensive reporting featuresIntegrated IT service management.Starting at $19/agent/month.Yes8. ServiceNowRobust ITAM capabilities
Integrated ITSM/ITOM
Automated workflows
CMDB integration
Customizable dashboardsScalable IT asset management.Contact for pricing.Yes9. AssetExplorerComprehensive asset tracking
Automated asset discovery
Software license management
IT compliance management
Customizable reportsIT asset lifecycle management.Starting at $1,195/year.Yes10. GoCodesBarcode/RFID asset tracking
Cloud-based management
Mobile app integration
GPS asset location tracking
Customizable reporting toolsQR code asset tracking.Starting at $500/year.Yes
1. Atera
Atera
Atera is an IIT Asset Management Tool that offers billing, reporting, remote access, and automation services. Atera is the best all-inclusive remote monitoring and management (RMM) solution for MSPs and IT departments.
It comprehensively unifies the entire IT industry, reduces hassle, increases control, and provides a solution with all the necessary features. MSPs and IT departments can use it to manage hybrid employees, ensure company policies are followed, and always be on top of security.
It has features for document management, help desk and knowledge, billing and invoicing, time and expense tracking, and billing and invoicing.
Atera has a help desk where customers can get assistance and a knowledge base where team members can access the most recent customer information.
Key features
No cap on monitorable servers or workstations; easy, predictable, transparent pricing.
Creates rapid relationships through group conversations, web-based chats, offline messaging, permanent chat groups, and customer-initiated chat.
You can automate tedious and repetitive processes by assigning IT automation profiles to devices or end users.
You may now communicate with users, create custom search fields, and create ticket automation rules.
Atera’s remote access software simplifies remote user support with a wide range of intelligent communication options.
What is Good?What Could Be Better?Atera can seamlessly service and monitor Linux, Mac, and Windows systems.Sometimes, when deploying an update, patch management will fail.Using an administrator terminal, keep an eye on IT asset activity remotely.The backup makes Acronis more complicated by adding module interfaces.They enable MSPs to concentrate on building relationships rather than running software.Linux, Mac, and Windows systems can all be seamlessly serviced and monitored by Atera.
Atera – Trial / Demo
2. SolarWinds
SolarWinds
SolarWinds Network Performance Monitor (NPM) was created to provide thorough network fault monitoring and performance management that scales and grows with your network monitoring needs. It offers a reliable and expandable architecture that covers data gathering, processing, storing, and presenting.
The SolarWinds IT Asset Management Tool Platform simplifies IT administration by providing a single access point for on-premises, hybrid, and software-as-a-service (SaaS) environments.
With the help of SolarWinds Network Performance Monitoring software, performance issues can be easily found, diagnosed, and fixed before they cause outages.
You can quickly deploy and maintain your evolving network using dynamic network topology maps and automated network discovery.
With the help of SolarWinds’ affordable, user-friendly network monitoring software, you can minimize network outages and quickly identify, diagnose, and fix network performance problems.
Key Features
A complete network management solution may reduce expenses, cut workdays, and ensure compliance.
Simplify and increase visibility across your modern, unique web applications’ SaaS stack.
Analyze MySQL performance views and tune issues.
Automation and streamlining help desk and IT assistance saves time, money, and resources.
IT software automates and simplifies IP address, DNS, and DHCP management.
What is Good?What Could Be Better?Easy monitoring of a wide range of servers and applicationsThe Topology Mapper is excluded from the Network Monitoring Platform.All access rights in your IT infrastructure should be managed and audited.Tuning and maintenance are very important for database engines.Provide a cloud-based remote support solution that includes the tools IT professionals need.Find out if your company’s login information has been compromised.
SolarWinds – Trial / Demo
3. Asset Panda
Asset Panda
Asset Panda, a cloud-based barcoding and asset tracking platform from the same-named company with its headquarters in Frisco, Texas, may eliminate the need for scanners when scanning barcodes using conventional mobile devices (mobile phone, tablet).
Asset Panda is a cloud-based platform for facility managers that provides several applications, such as asset tracking and maintenance management.
A user-friendly, customizable, and integrated cloud-based asset management system pairs with mobile iOS and Android apps for free barcode scanning.
Asset Panda IT Asset Management Tool can be used from anywhere, updates data in real-time, and is compatible with many operating systems, including Windows, Mac, iPad, and iPhone.
Users can utilize Asset Panda to manage work orders, purchase orders, compliance, fixed asset disposal, services, tools, and reservations while customizing their workflow.
Key Features
Consolidated asset monitoring software presents activity records, warranty details, user instructions, and images in one place.
All firm employees can utilize Asset tracking software, from boardroom to warehouse.
For everyone’s advantage and to view only what’s necessary, establish custom fields that translate data into your language.
Onboarding and data security are improved for all organizational job responsibilities.
Audit trails increase accountability and forecasting for every asset.
What is Good?What Could Be Better?Asset Panda’s user interface is simple to use.The arrangement and configuration of the images could have been improved.Numerous steps are involved in setting up users, which could be simplified.There are numerous steps involved in setting up users, which could be simplified.The user interface of Asset Panda has many customizable features. Both Apple and Android mobile devices can use Asset Panda’s mobile apps.
Asset Panda – Trial / Demo
4. EZOfficeInventory
EZOfficeInventory
You can manage the lifecycle of your assets with the EZOfficeInventory IT Asset Management Tool, from requisition to retirement.
You can keep track of your assets across various locations, group them into subgroups, and even set access controls to prevent particular employees from checking out assets using EZOfficeInventory.
Always know your company’s assets and receive centralized, real-time information and updates from any location. It provides asset availability assessments that assist in determining which components are a bottleneck for boosting productivity.
Additionally, it has mobile applications for iOS, Android, and Windows Phone. With support for tracking asset geolocations, mobile apps can scan QR codes and barcode-based labels and track assets while they are in motion.
Key features-
EZOfficeInventory simplifies asset and inventory management.
Create custom fields and notifications for a fully personalized asset management experience.
Create and print professional labels, then scan barcodes and QR codes using our iOS/Android app or third-party scanners.
Monitoring assets across several locations lets you track stock and control movement.
Avoid asset shortages and expensive equipment loss to avoid financial loss.
What is Good?What Could Be Better?To extend the lifespan of your equipment, schedule preventive maintenance.A manual adjustment of column widths is also not possible.Save time and effort by having immediate access to asset information.It Needs to integrate other software, such as GPS, and have more tracking features.Barcodes and QR Codes can be quickly scanned using Android, iOS, and Windows apps.Barcodes and QR Codes can be quickly scanned using apps for Android, iOS, and Windows.
EZOfficeInventory – Trial / Demo
5. Snipe-IT
Snipe-IT
Snipe-IT is a free IT Asset Management Tool, cloud-based software for managing IT assets. It helps you keep track of licenses, hardware assets, consumables, and accessories.
Snipe-IT is a web-based program, so there isn’t an executable file (also known as a “no.exe file”), and it needs to be run on a web server to be accessed.
We have a Docker image available if that’s what you’re into, and it runs on any Mac OS X, any variation of Linux, and Windows. It can be integrated with optical scanners such as barcode and QR code readers, LDAP, and Active Directory.
With the help of Snipe-IT software, users can secure user accounts and access using features like two-factor authentication, one-way password hashing, encrypted fields, the choice to enforce HTTPS-only cookies, and more.
Key Features-
We prioritized security in our cloud-hosting infrastructure and Snipe-IT software.
Get a quick snapshot of recent activities and your assets, accessories, consumables, and components.
It is easy to see which assets are assigned, to whom, and where.
Elegant email notifications are available to Snipe-IT users and administrators.
A powerful REST API lets you quickly integrate your systems and workflows.
What is Good?What Could Be Better? Operates on any web server running Linux, Windows, or Mac.Setting up the reporting interface for PowerPivot required more effort. Create labels with QR codes for quick access from mobile devices.Importing is a hit-or-miss process that is not always successful. Encourages the use of Google Authenticator for two-factor authentication.The user management features are offered by Snipe-IT.
Snipe-IT – Trial / Demo
6. Auvik
Auvik
Auvik IT Asset Management Tool is cloud-based; it automates difficult and time-consuming network tasks and provides immediate insight into the networks you manage.
Auvik’s cloud-based network management software keeps global IT networks operating at peak performance. Its visual approach allows users to quickly “see” the network, network topologies, and connected devices.
This network monitoring and management software is used by IT teams worldwide to automate laborious tasks, streamline operations, reduce business risk, and improve teamwork.
The Auvik collector automatically starts scanning your network after deployment, cataloging your devices, and showing you the environment’s visual network topology.
Key Features-
Your monitoring console can be accessed via a web browser from anywhere.
At lightning speed, Auvik provides network control and monitoring.
It has vulnerability management and fixes network bottlenecks quickly.
Automated network discovery, documentation, and inventory provide a complete network image.
Give team members the power to solve problems hours faster.
What is Good?What Could Be Better?Devices, switches, and routers that are not linked to a cloud management system are immediately accessible to users.There aren’t many integration options available. You can control the network from anywhere.Users are unable to download or embed a visual map on the portal, and it takes a while for the page to load. The platform’s API allows you to design powerful workflows.It’s very easy to understand and follow the billing breakdown.
Auvik – Trial / Demo
7. Freshservice
Freshservice
Freshservice is a cloud-based IT Asset Management Tool that enables businesses to streamline their IT operations. It offers features such as a ticketing system, a self-service portal, and a knowledge base.
It was created using ITIL’s best practices to assist IT organizations in concentrating on what matters most: exceptional service delivery and customer satisfaction.
Customers select Freshservice based on its simplicity of use, speed of setup, level of customer service, affordability, and ability to meet their service desk and ITSM requirements.
Freshservice IT Asset Management Tool has a user-friendly interface, is effortlessly configurable and customizable to meet customer needs, and integrates with other business and IT systems without much difficulty.
Worldwide, it serves more than 100,000 clients, including QuizUp, Cisco, Honda, 3M, The Atlantic, and Honda.
By developing and delivering modern employee experiences and unified service management with a fresh perspective, Freshservice empowers businesses to increase productivity, employee satisfaction, and efficiency.
Key Features-
Mobile software for iOS and Android lets IT administrators handle service requests remotely.
Modernize employee engagement with AI-driven service management and connected support channels.
Freshservice provides intelligent, appropriate-sized service management for modern organizations of all sizes.
Change Control integration with CMDB and service desk reduces risk.
Workflows can grow beyond Freshservice by incorporating 3rd party tools.
What is Good?What Could Be Better?Effectively gathers data on users, hardware, and software, and the system benefits from having a database.It can be enhanced by making the GUI more straightforward.Give different teams the freedom to coexist on a single service management platform.Project management could be made a little less complicated and more understandable.It can be enhanced by making the GUI simpler.It is simple to link asset and ticket management with problem management.
Freshservice – Trial / Demo
8. ServiceNow
ServiceNow
IT Asset Management and automation services are provided by ServiceNow, a cloud-based piece of software.
It was made to design business workflows and automate various processes in line with ITIL (Information Technology Infrastructure Library) principles.
ServiceNow allows you to alter it to suit your needs. Workflows are created, and processes are automated using machine learning technology.
By automating normal work processes with ServiceNow, a cloud-based workflow automation technology, enterprises may boost operational efficiency. ServiceNow is commercial enterprise service management software that started in IT service management. It blends an organization’s security, HR, and customer service.
Information Technology Asset Management (ITAM) is a set of operational procedures and instruments that support the strategic planning of the IT environment and the lifecycle management of IT assets.
The ServiceNow ITAM platform offers a single system of record for identifying opportunities for cost savings, resource optimization, improved compliance, risk mitigation, and standardization.
Key Features
ServiceNow enables instance-based implementation.
You can easily track assets in ServiceNow and control the approval process.
It provides better customer support with negligible maintenance costs.
ServiceNow security gives confidentiality and integrity to data.
Getting started with an enterprise doesn’t require much or complex configurations.
What is Good?What Could Be Better?Recording every request’s status and keeping track of it.To reduce configuration items, the database needs to be improved.The user can quickly submit a ticket by creating one with very little upfront information.There is occasionally some sluggishness in the performance.Record every request’s status and keep track of it.Understanding the user interface takes some time.
ServiceNow – Trial / Demo
9. AssetExplorer
AssetExplorer
AssetExplorer is an IT Asset Management Tool for managing IT assets in companies.
A web-based IT asset management (ITAM) tool called ManageEngine AssetExplorer assists you in tracking and managing the assets in your network from the planning stage through the disposal stage.
With excellent reporting and tracking features and support for physical and virtual assets, ManageEngine AssetExplorer is a reliable IT asset tracker that hits the critical points for this category.
AssetExplorer is used to keep track of which significant computer equipment is currently being produced across the board of the company, to keep records of the suppliers with whom the company has contracts and business relationships, and to alert us when a contract is about to expire and needs to be renewed.
Another feature distinguishing ManageEngine AssetExplorer from the other products in this comparison is that it offers 24/7 technical support at all subscription levels.
AssetExplorer allows you to scan assets in remote locations, scan each workstation individually, and set up audits for periodic scanning and routine cleanup.
Key features
The universal agent can discover your network’s Windows, Linux, and MacOS assets.
Choose hardware and software wisely throughout your IT lifespan.
It automatically finds and lists all network security for hardware and software.
AssetExplorer offers multiple scanning methods to ensure you scan every item.
A centralized repository manages, tracks, and supports all interrelationships in an IT environment, including hardware, software, documents, and individual or commercial services.
What is Good?What Could Be Better?With the aid of Asset Explorer, we can manage the entire lifecycle of an IT asset.You can monitor your equipment by model, owner’s name, assigned user, serial number, service tag, etc.You can keep tabs on your equipment by model, owner’s name, assigned user, serial number, service tag, etc.A little more polish could be added to the web interface.We manage and keep an eye on our hardware and software assets with the aid of AssetExplorer.I can keep track of all vendor information and upload documentation, such as contracts, which can be found easily.
AssetExplorer – Trial / Demo
10. GoCodes
GoCodes
GoCodes is a cloud-based IT Asset Management Tool inventory and asset management tool for small and midsize businesses in the accounting, education, building and construction, engineering, and healthcare sectors.
Key GoCodes modules include fixed asset accounting, inventory management, field service requests, maintenance management, and GPS tracking.
GoCodes makes it simple for your company to track and manage your tools and allows us to create customized reports quickly.
It keeps track of asset information, such as maintenance plans, costs, depreciation, warranties, check-in/check-out times, and locations, in a central database.
GoCodes was created with industry customers in mind. With its comprehensive solution, you can manage the chain of custody using your smartphone while on the go.
Using GoCodes, you can quickly check items in and out using your smartphone to scan the label and now know where your assets are at any time, day or night.
Key features –
Administrators may start tracking immediately with GoCodes’ comprehensive, single-vendor solution.
GoCodes provides excellent phone, graphical, and email support to help admins track assets.
Link asset data to multimedia resources and documentation.
Anyone can request service using the GoCodes QR code.
GoCodes helps you track stock, consumables, and inventory using barcode scanning.
What is Good?What Could Be Better?It allows users to apply a GoCode to an asset, creating a history and details that can be accessed later.There were more features in the available reports.To help organize, teams can create tasks using their assets.The simplicity of scanning the QR code and all the information it contains are its most significant advantages.The setup was a little challenging because we used a different inventory system.In my opinion, the simplicity of scanning the QR code and all the information it contains are its biggest advantages.
GoCodes – Trial / Demo
Conclusion
To sum up, IT Asset Management (ITAM) solutions thoroughly manage software and hardware assets, making them essential for contemporary organizational IT plans.
These technologies make asset tracking, compliance, and cost-effective decision-making easier. ITAM technologies, which may be integrated with various IT systems, guarantee an efficient and centralized management process.
They prioritize data security while responding to different corporate needs, whether on-premise or in the cloud.
An optimum use of IT resources, significant savings in IT costs, and an IT infrastructure that is ready for the future may all be achieved through carefully selecting an IT asset management technology that aligns with an organization’s specific requirements.
