The [Best] Fixed Asset Inventory Management Software of 2023

18 best fixed asset inventory management software for 2023

Note: Scroll below to see a summarized table. 

1. Asset Vue

AssetVue is an asset management company that specializes in providing comprehensive asset tracking solutions to businesses of all sizes. Their software allows companies to keep track of their assets in real-time and make informed decisions based on the data they collect. 

AssetVue offers a variety of features such as automated inventory management, usage tracking, and data analytics to help businesses optimize their asset management processes. The software is designed to be user-friendly and customizable, allowing businesses to tailor it to their specific needs. 

AssetVue also offers mobile solutions for on-the-go asset tracking and management. With AssetVue, businesses can save time and money by streamlining their asset management processes and reducing the risk of lost or stolen assets.

Runner ups:

2. eMaint

eMaint is a cloud-based computerized maintenance management system that offers a comprehensive suite of features for fixed asset inventory management. With eMaint, you can track asset health, analyze risk, manage asset performance over time, schedule maintenance jobs, allocate them to professionals, create preventative maintenance plans, and simplify repair work using maintenance management capabilities. 

The software also features work order management, inventory management, and reporting and analytics capabilities. eMaint provides real-time data access from mobile devices, allowing maintenance teams to make informed decisions and take immediate action. 

The platform’s reporting and analytics capabilities provide users with the insights they need to make informed decisions about maintenance operations, leading to increased efficiency and reduced costs. eMaint University provides users with unlimited access to training materials on maintenance management best practices, while the customer success portal offers tips and tricks on how to optimize the software for their operations. 

Technical support is also readily available through phone, email, and live chat. 

Pros:

1. 1. Comprehensive and user-friendly: eMaint is a comprehensive and user-friendly CMMS that helps organizations of all sizes manage their maintenance operations with ease. It provides a centralized platform for managing and tracking work orders, scheduling preventive maintenance tasks, and monitoring asset information.

1. 1. Real-time data access: With eMaint, maintenance teams can access real-time data from mobile devices, allowing them to make informed decisions and take immediate action. This ensures that maintenance operations remain up-to-date and responsive to changing circumstances.

1. 1. Easy onboarding and reliable customer support: eMaint University provides users with unlimited access to training materials on maintenance management best practices, while the customer success portal offers tips and tricks on how to optimize the software for their operations. Technical support is also readily available through phone, email, and live chat, with a troubleshooting tool and guaranteed one-hour response time for critical concerns.

Cons:

1. 1. Cost: eMaint can be expensive for small businesses or organizations with limited budgets.

1. 1. Limited customization: While eMaint offers a lot of pre-built features, its customization options are somewhat limited. This may not be ideal for organizations with unique workflows or processes.

1. 1. Learning curve: eMaint can take some time to learn, especially for those who are not familiar with maintenance management software. The platform’s robust capabilities and features may require some training or onboarding to ensure users can effectively utilize the software.

3. UpKeep

UpKeep is a mobile-first fixed asset inventory management software designed for industries such as manufacturing, facilities management, hotel, fleet, oil and gas, warehousing, utilities, and restaurants. It offers unlimited work orders, asset check-in and check-out, preventive maintenance, and barcode scanning, among other features. 

Its advanced analytics tools help increase the life cycle of assets while notifying users about when and how much quantity of parts to order. UpKeep stands out among other fixed asset inventory management software with its mobile-first approach, cloud technology, and team management features. 

With UpKeep, users can reduce downtime, monitor costs, streamline coordination and communication, and access data anywhere using any device with an internet connection. The free version of UpKeep is beneficial for small businesses, and paid plans are available for those who require more features.

Pros:

1. 1. Mobile accessibility: UpKeep is a mobile-first maintenance management software that can be accessed from anywhere through iOS and Android devices, giving you the flexibility to manage your assets on the go.

1. 1. Advanced analytics: The software provides advanced analytics tools that help you increase the life cycle of your assets and track equipment downtime costs over time, making it easier for you to make data-driven decisions.

1. 1. Free plan: UpKeep offers a free plan that can be extremely beneficial for small businesses, and even the paid plans are reasonably priced, making it a cost-effective option for asset management.

Cons:

1. 1. Limited customization: While UpKeep offers a range of features, some users may find the lack of customization options limiting, especially if they have specific needs that are not met by the software.

1. 1. Steep learning curve: The software can take some time to learn, and some users may find it challenging to get started, especially if they are not tech-savvy.

1. 1. Limited integrations: UpKeep does not offer as many integrations with third-party software as some of its competitors, which may be a drawback for businesses that rely on multiple tools for asset management.

4. Asset Panda

Asset Panda is a powerful and highly customizable cloud-based asset relationship management platform that offers an easy-to-use interface for tracking and managing fixed assets. With its mobile application and built-in barcode scanner, Asset Panda allows users to track assets from anywhere, providing insights into data about assets’ life cycle, warranty and lease information, user manuals, purchase date, and location. 

Asset Panda’s customizable features make it ideal for businesses of all sizes, allowing different users to have different levels of access based on their role in the company. With its user-friendly interface and cloud-based accessibility, Asset Panda streamlines inventory management processes, saving organizations time and money while improving inventory accuracy. 

Pros:

1. 1. Highly configurable dashboard that can be customized to meet the unique needs of any business.

1. 1. Feature-rich mobile app with barcode scanning that allows for easy asset tracking on the go.

1. 1. Ability to include images, videos, and voice recordings in data files, providing a more comprehensive view of assets.

Cons:

1. 1. Longer user learning curve due to its greater capacity to configure and customize.

1. 1. No network discovery, which may be a drawback for businesses with complex IT systems.

1. 1. Shorter trial period of only 14 days compared to others offering 30 or 45 days.

5. Sage Fixed Assets

Sage Fixed Assets is a powerful fixed asset management software that helps businesses manage and optimize their assets throughout their useful life. With over 50 depreciation methods, including MACRS, ACRS, and Straight-Line, Sage Fixed Assets offers accurate and customizable depreciation calculations. The software also features asset tracking and reporting capabilities, allowing users to track asset information such as condition, insurance status, and maintenance logs. 

Additionally, Sage Fixed Assets integrates seamlessly with accounting, inventory, and reporting applications, including General Ledger systems. The software offers cloud backups and disaster recovery features to keep data secure, and users can maintain separate tax and accounting books for their fixed assets. Sage Fixed Assets has been praised by users for its user-friendly interface and accurate depreciation values, and has helped businesses save time and money on asset tracking and recording.

Pros:

1. 1. User-friendly: Sage Fixed Assets software is appreciated by its users for being very easy to use.

1. 1. Accurate Depreciation Values: The software provides accurate depreciation values, which is a crucial aspect of asset management.

1. 1. Comprehensive Asset Information: This software tracks and reports asset information, including condition, insurance status, and maintenance logs.

Cons:

1. 1. Steep Learning Curve: Some users state that the learning curve is steep, which may present a challenge for new users.

1. 1. Time-Consuming Reporting Feature: The reporting feature can be time-consuming, which may be inconvenient for some users.

1. 1. Cost: As the price quote is not available on the website, it may be challenging for small businesses to afford this software.

6. ManageEngine AssetExplorer

ManageEngine AssetExplorer has been named the best fixed asset inventory management software for 2023. This web-based software is designed for large enterprises and offers a mature toolkit with advanced features for easy and efficient asset management. It allows you to manage both hardware and software assets, track an asset’s entire life cycle, and accurately calculate the depreciation. 

ManageEngine AssetExplorer also keeps track of licenses purchased and analyzes software usage patterns so that you spend only on the ones you require. Its relationship maps enable you to track CI interdependencies, and it provides detailed predefined reports and custom query reports to monitor and track essential asset details. With its ease of use and 24/7 tech support, ManageEngine AssetExplorer is an effective tool for any size organization that needs a robust ITAM solution. Plans start at $955 per year for up to 250 IT assets.

Pros:

1. 1. Feature-rich tool set with mature technology that includes top-notch reporting, unique relationship maps, and support for both physical and virtual assets.

1. 1. Easy setup with a familiar Windows-style user interface and a Quick Links feature to help you stay focused on the tasks you need to complete.

1. 1. Reasonably priced starting at $995 per year for 250 IT assets and includes 24/7 technical support.

Cons:

1. 1. No mobile application, making it difficult to navigate on mobile devices.

1. 1. Not recommended for small businesses with limited IT staff due to its abundance of advanced features and processes.

1. 1. Lack of support for managing a lot of mobile devices, although it does offer support for voice-over IP (VoIP) phones.

7. IBM Maximo

IBM Maximo is a cloud-based fixed asset inventory management software that leverages artificial intelligence to monitor assets, predict maintenance needs, increase uptime, and extend asset life cycle. It offers data analytics capabilities for predictive maintenance, and intelligent mobile EAM feature to track asset history and operational data. Its single dashboard allows for monitoring of operations across the enterprise. 

IBM Maximo is designed to manage physical assets such as facilities, equipment, and machinery. It streamlines global operations involving procurement and contract management, monitors asset health, and maintains all asset types. It offers industry-specific solutions that cater to asset-intensive industries for an effective solution for their operations. 

IBM Maximo stands out from similar software with its energy and utility specialization, simplification of scheduling, improved safety features, data visibility through IBM Maximo Registry, and mobility features with numerous mobile apps supporting role-specific tasks in the work management process on Android and iOS. However, it is reportedly expensive and not very user-friendly.

8. Fixed Assets CS

Fixed Assets CS is a highly customizable fixed asset management software that offers a user-friendly interface, reducing training time and increasing efficiency. It supports commonly used depreciation methods and provides a logical, easy-to-follow file folder format, with an intuitive display that shows how depreciation values were calculated. 

Fixed Assets CS only displays appropriate data entry options, reducing errors and keeping teams focused and accurate. It can be used as a standalone system or integrated with other CS Professional Suite applications. Fixed Assets CS also offers cloud-based and desktop deployment options, providing flexibility. Its ability to import assets from spreadsheets for clients who do not use Fixed Assets CS makes it stand out from other fixed asset inventory management software.

9. Infor EAM

Infor EAM is the best fixed asset inventory management software for 2023 due to its rich built-in functionality, industry-specific capabilities, and flexibility in deployment options. This software enables enterprises of all sizes to track, organize, and simplify maintenance work, making it an excellent solution for businesses looking to streamline their asset management processes. 

Infor EAM’s top benefits include cost management, asset life extension, and regulatory compliance. Its primary features include asset management, materials management, budgeting, and inspection management. Additionally, Infor EAM provides 24/7 mobile access, data-driven reports, and 2D and 3D visualization of your data, making it a user-friendly software that provides business-specific solutions. 

With its robust support for all operating systems, mobile devices, and screen sizes, Infor EAM is highly recommendable for any sized business looking for a flexible and efficient asset management solution.

10. AssetCloud

AssetCloud is a top-tier fixed asset inventory management software that offers an all-in-one solution for businesses, education, and government facilities. Its easy-to-use interface and customizable features make it a go-to for companies looking to streamline their asset tracking process. AssetCloud’s tool tracking feature ensures that businesses never run out of necessary tools and equipment. 

Additionally, the software tracks the full life cycle of assets and provides necessary information about them. AssetCloud is scalable and can be used across multiple organizations, making it a versatile solution for businesses of all sizes. With its comprehensive reporting suite, users can generate data-driven feedback and custom reports. 

11. AsseTrack FAMS

AsseTrack FAMS is a web-based fixed asset accounting software that enables businesses to effectively track and record all their fixed assets while providing dynamic reports for timely actions. The software offers a host of features, including real-time tracking, customizable reporting, and barcode scanning capabilities. 

With AsseTrack FAMS, businesses can add unlimited locations, buildings, and track assets to speed up auditing. The software also ensures data security through its highly secure data centers and performs regular backups. AsseTrack FAMS is user-friendly and efficient in monitoring assets, as it streamlines asset management processes, reduces errors, and improves overall efficiency for businesses.

12. EZOfficeInventory

EZOfficeInventory is a leading fixed asset inventory management software that offers an easy-to-use and scalable solution for small businesses. It allows you to track the location, depreciation, and maintenance status of your fixed assets, as well as manage your inventories across different locations. The software also schedules routine maintenance to ensure top functionality, and manages the life cycle of your fixed assets. 

One of the best features of EZOfficeInventory is its ability to notify you about warranties, insurance, and more. It also provides insights generated from reports to identify bottlenecks and address them, improving efficiency and productivity. The software stands out from other options in the market with its full-featured CMMS module, integrations, and built-in functionality for purchase orders, work orders, and asset retirement plans. 

With prices starting at $35 per month and a 15-day free trial, EZOfficeInventory is the best solution for small businesses looking for an affordable and easy-to-use fixed asset inventory management software in 2023.

Pros:

1. 1. Easy to use: EZOfficeInventory is an easy-to-use software that simplifies the workflow and operations of equipment management, making it a good solution for small businesses.

1. 1. Asset tracking: The software allows you to track the location, depreciation, and maintenance status of your fixed assets, and you can scan barcodes on assets with the iOS and Android applications provided by the software.

1. 1. Access control: Even if your teams and departments are spread out across locations, you can manage assets with Access Control. This feature allows you to control who has access to certain equipment, reducing the risk of loss or theft.

Cons:

1. 1. Limited integrations: EZOfficeInventory has limited integrations with other software, which means that it may not be the best solution if you need to integrate it with other tools you use for your business.

1. 1. Pricing: While EZOfficeInventory offers a 15-day free trial, prices start at $35 per month, which may be too expensive for small businesses on a tight budget.

1. 1. Mobile app limitations: Although the mobile app is available for both iOS and Android, it has some limitations compared to the web version of the software. For example, you cannot create custom fields or reports on the mobile app.

13. 360Facility

360Facility is a comprehensive facility and asset management solution designed to streamline asset management processes and reduce costs for businesses of all sizes. With real-time tracking, automated workflows, and customizable reporting, 360Facility provides a complete and comprehensive view of crucial metrics and asset details in your organization. The software simplifies collaboration on documents such as contracts and Certificates of Insurance, making it easy to track and associate documents to assets. 

Additionally, its mobile app enables you to update records on the go, such as work orders, labor logs, and images. By enabling tenants to submit and review requests, 360Facility improves customer satisfaction. It also directly connects data to your capital plan for Accruent’s real estate lifecycle solution. 

14. CHEQROOM

CHEQROOM is a cloud-based fixed asset inventory management software that simplifies equipment asset management for businesses. Its properly organized inventory system allows users to access the right asset at the right time while maintaining full control over it. The software accurately tracks AV or IT assets, preventing them from being damaged or disappearing. 

With its mobile app, users can enjoy features such as booking overview, calendar integration, mobile equipment check-outs, and instant troubleshooting. CHEQROOM is trusted by big names like Google, Harvard University, Netflix, and many more. Its key features include asset tracking, label scanning, and report preparation containing data on asset usage, depreciation, and warranty. 

Its target market includes businesses that require a reliable inventory management system to track their valuable assets. CHEQROOM offers a free trial for 15 days, with prices starting at $100 per month. 

15. PowerPlan Fixed Asset Suite

PowerPlan Fixed Asset Suite is a comprehensive fixed asset inventory management software designed to optimize ERP and EAM systems. It offers end-to-end lifecycle tracking, management, and optimization of fixed asset data, from creation to retirement. This solution provides automation of specialized accounting processes, resulting in lower operating costs and improved cash flow. 

PowerPlan Fixed Asset Suite offers a suite or a single product solution according to your preference and notifies accounting teams and project managers about the creation of assets and closing of projects. It provides an intuitive interface and graphical representation, minimizing training time. 

The software is highly customizable, allowing users to organize and present data in a way that suits their needs. PowerPlan Fixed Asset Suite supports commonly used depreciation methods such as ACRS, MACRS, Straight-Line, Units of Production, and Amortization. 

16. Tenna

Tenna is a fixed asset inventory management software designed for companies using physical assets in industries such as construction, oil and gas, waste management, and heavy industries. The software provides an integrated platform for asset tracking, allowing businesses to upload their asset inventory list and start tracking immediately. Tenna’s tracking capabilities include scanning tags such as QR code inventory tracking tags, GPS asset trackers, and RFID tracking.

With Tenna’s single asset tracking system, businesses can have complete visibility of their inventory in real-time, avoiding errors and missing records. This feature helps businesses keep track of all assets, including non-powered ones, leverage site accountability, and deter theft. Tenna’s software is easy to use and affordable, connecting businesses’ field with their office, making it a unique selling point. 

Compared to other inventory management software, Tenna provides an all-in-one solution for tracking and managing fixed assets, making it a valuable tool for businesses in asset-intensive industries.

17. AgileAssets Software Platform

AgileAssets is the leading fixed asset inventory management software for 2023, offering a comprehensive solution for managing infrastructure assets throughout their entire lifecycle. With advanced technologies and an array of modules, AgileAssets provides a systematic process for asset acquisition, maintenance, regulatory compliance, replacement, and disposal. 

The platform’s user-friendly interface, customizable dashboards, and robust reporting capabilities make it easy to streamline asset tracking, automate workflows, and provide real-time insights for better decision-making. AgileAssets integrates with other systems and supports mobile access for on-the-go asset management. Its cloud-based solution ensures easy access to data from anywhere, on any device, including iOS and Android. 

18. WiseTrack

WiseTrack is a comprehensive fixed asset inventory management software that offers professional asset tracking solutions for law enforcement, corporate, education, and government organizations. It is a standalone COTS solution that can be extended with additional modules. 

WiseTrack uses Microsoft SQL Server Database, providing a familiar interface to Windows Desktop, making it easy for users to learn and navigate around the platform. The software is accessed through a web server and offers a mobile app for added convenience. 

One of the key benefits of WiseTrack is that it provides powerful asset tracking at your fingertips. Its features include asset tracking, check-in/check-out, maintenance management, reporting, and more.