20 Best Fixed Asset Management Software Reviewed In 2025
Best Fixed Asset Management Software Shortlist
Here's my pick of the 10 best software from the 20 tools reviewed.
Our one-on-one guidance will help you find the perfect fit.
Fixed asset management software is an important tool for any organization. With the right solution, teams can streamline asset tracking, ensure accurate depreciation, and maintain compliance with regulatory requirements. However, choosing the right fixed asset management software can be overwhelming, given the numerous options available.
Using my experience with asset management tools, I tested and compared several top fixed asset management solutions. Based on my findings, I created detailed reviews to help you select the best software for your needs.
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Best Fixed Asset Management Software Summary
This comparison chart summarizes pricing details for my top fixed asset management software selections to help you find the best one for your budget and business needs.
| Tool | Best For | Trial Info | Price | ||
|---|---|---|---|---|---|
| 1 |  EZOfficeInventory EZOfficeInventory tracks IT equipment and manages software licenses for clear insights. | Best for IT asset tracking | Free trial available | From $35/month (billed annually) | Website |
| 2 |  Asset Infinity Asset Infinity tracks assets and maintenance, serving the hospitality, manufacturing, and healthcare sectors. | Best for cloud storage | Free demo available | From $130/month | Website |
| 3 |  Hardcat Hardcat supports asset tracking, inventory control, and maintenance for compliance-focused industries. | Best for government compliance | Free demo available | Pricing upon request | Website |
| 4 |  FMIS Fixed Asset Management FMIS supports asset tracking, depreciation, and reporting, ensuring compliance with UK regulations. | Best for UK regulations compliance | Free demo available | Pricing upon request | Website |
| 5 |  CenterPoint Depreciation CenterPoint Depreciation tracks and manages asset depreciation. | Best for the agriculture industry | Free demo available | Pricing upon request | Website |
| 6 |  Fixed Asset Pro Fixed Asset Pro handles depreciation, ensuring compliance for accountants and teams. | Best for depreciation tracking | Free demo available | Pricing upon request | Website |
| 7 |  AssetGuard Pro AssetGuard Pro manages assets, supports multi-location use, and ensures global visibility. | Best for small business needs | Free demo available | From $45/month | Website |
| 8 |  Asset Manager by Kaizen Software Asset Manager tracks assets, schedules maintenance, and monitors inventory levels. | Best for inventory control | Free demo available | Pricing upon request | Website |
| 9 |  AssetCloud by Wasp Barcode AssetCloud supports asset tracking, inventory management, and barcode tech. | Best for medium-sized teams | Free demo available | From $1,295/user/year | Website |
| 10 |  Bar|Scan Bar|Scan supports inventory and asset tracking, focusing on audits for various sectors. | Best for barcode scanning | Free demo available | Pricing upon request | Website |
How To Choose Fixed Asset Management Software
It’s easy to get bogged down in long feature lists and complex pricing structures. Here's a checklist of factors to remember to help you stay focused as you work through your unique software selection process.
| Factor | What to Consider |
| Scalability | Ensure the software can grow with your business, handling increasing assets without performance issues. |
| Integrations | Check if the tool integrates with existing systems like accounting software, ERP solutions, or CRM platforms your team already uses. |
| Customizability | Look for options to tailor the software to your specific needs, such as custom fields or reports that align with your asset management strategy. |
| Ease of Use | Choose a user-friendly interface that minimizes training time for your team and simplifies day-to-day asset tracking tasks. |
| Budget | Consider both upfront costs and ongoing fees to ensure the software fits within your financial constraints without compromising essential features |
| Security Safeguards | Choose a user-friendly interface that minimizes training time for your team and simplifies day-to-day asset-tracking tasks. |
Best Fixed Asset Management Software Reviews
Below are my detailed summaries of the best fixed asset management software that made it onto my shortlist. My reviews offer a detailed look at each tool’s key features, pros and cons, integrations, and ideal use cases to help you find the best one for you.
EZOfficeInventory is a cloud-based asset management tool for IT teams and businesses. It helps you track IT equipment and manage software licenses, giving insights into asset usage and condition.
Why I picked EZOfficeInventory: EZOfficeInventory helps your team track IT assets like equipment and software. You can use real-time location tracking to avoid losing assets and schedule maintenance to keep them in good shape. Its reporting tools let you analyze how assets are used so you can make better decisions.
Standout features & integrations:
Features include asset lifecycle management, service tickets, and QR code support. The software allows you to create custom labels for easy identification and offers inventory management to track stock levels and reorder points.
Integrations include Zendesk, Dropbox, Google Workspace, Azure Active Directory, Jira, OneLogin, Okta, Freshdesk, Microsoft Teams, and QuickBooks.
Pros and cons
Pros:
- Custom label creation
- Inventory management features
- Detailed asset utilization reports
Cons:
- Requires consistent internet access
- Complex initial setup
Asset Infinity is a cloud-based asset management tool for businesses that track assets and manage maintenance. It’s used in hospitality, manufacturing, and healthcare industries to improve asset use and minimize downtime.
Why I picked Asset Infinity: Asset Infinity’s cloud storage lets you and your team access asset data anytime, anywhere, which is handy for remote operations. You can set up preventive maintenance schedules to avoid equipment breakdowns. The tool supports barcode and RFID tracking, making it easier to manage your assets. You’ll also get customizable alerts to stay updated on asset status.
Standout features & integrations:
Features include asset check-in/check-out, service management, and depreciation tracking. The software enables you to assign assets to specific departments or users and generate detailed reports to monitor asset performance.
Integrations include QuickBooks, SAP, Oracle, Microsoft Dynamics, Salesforce, Google Workspace, Slack, Dropbox, OneDrive, and FreshBooks.
Pros and cons
Pros:
- Detailed performance reports
- Preventive maintenance scheduling
- Customizable alerts
Cons:
- Limited customization for specific needs
- Complex setup for new users
Hardcat is an asset management solution designed for industries with strict compliance needs, like government and defense. It helps with asset tracking, inventory control, and maintenance management.
Why I picked Hardcat: Hardcat is designed to help you meet government compliance needs with advanced tracking and audit tools. You can keep detailed audit trails and create reports to stay on top of regulations. It also lets you manage asset lifecycles to better use your resources. With support for RFID and barcode tracking, it’s easy to track assets accurately in compliance-focused environments.
Standout features & integrations:
Features include lifecycle management, RFID tracking, and detailed audit trails. The software allows for precise inventory control and maintenance scheduling. Users can also create custom reports to meet specific compliance requirements.
Integrations include SAP, Oracle, Microsoft Dynamics, QuickBooks, Sage, NetSuite, IBM Maximo, Salesforce, Google Sheets, and Dropbox.
Pros and cons
Pros:
- Effective lifecycle management
- Customizable reporting
- Strong compliance support
Cons:
- Limited mobile access
- Complex initial setup
FMIS Fixed Asset Management is software designed to help businesses comply with UK asset management regulations. It offers tools for asset tracking, depreciation management, and financial reporting.
Why I picked FMIS Fixed Asset Management: FMIS Fixed Asset Management helps you meet UK compliance standards. It provides depreciation calculations to support your financial planning and lets you create detailed financial reports to stay accurate and compliant. You can also track assets across multiple locations to maintain clear visibility.
Standout features & integrations:
Features include customizable financial reports, multi-location asset tracking, and automated depreciation calculations. The software supports audit trails to maintain data integrity. You can set up alerts for asset maintenance and compliance deadlines.
Integrations include SAP, Oracle, Microsoft Dynamics, QuickBooks, Sage, NetSuite, Xero, Salesforce, IBM Maximo, and Workday.
Pros and cons
Pros:
- Supports audit trails
- Automated depreciation calculations
- Multi-location tracking
Cons:
- Occasional software updates needed
- Higher learning curve
CenterPoint Depreciation is software designed for financial management in agriculture. It helps farmers and agricultural businesses track and manage asset depreciation efficiently.
Why I picked CenterPoint Depreciation: CenterPoint Depreciation is built for the agriculture industry. It lets you use different depreciation methods tailored to farming and offers flexible reporting to fit your farm’s needs. Its simple interface makes tracking your equipment and machinery easy, making farm accounting more manageable.
Standout features & integrations:
Features include customizable depreciation schedules, farm-specific reports, and asset grouping by type. The software supports detailed tracking of machinery and equipment. Users can also generate financial statements that align with agricultural accounting standards.
Integrations include QuickBooks, Microsoft Dynamics, Sage, NetSuite, Oracle, SAP, Xero, FreshBooks, Zoho Books, and Google Sheets.
Pros and cons
Pros:
- Flexible reporting options
- Supports multiple depreciation methods
- Tailored for agriculture
Cons:
- Limited support for large enterprises
- Occasional software updates needed
Fixed Asset Pro is a depreciation management tool for accountants and financial teams. It helps track and manage fixed asset depreciation while ensuring compliance with accounting standards.
Why I picked Fixed Asset Pro: Fixed Asset Pro makes it simple to track depreciation. You can choose from different depreciation methods to fit your accounting needs and handle both tax and book calculations. The easy-to-use interface helps you and your team keep accurate asset records without hassle.
Standout features & integrations:
Features include detailed depreciation schedules, customizable reporting, and audit trail functionality. You can easily manage asset lifecycles and generate financial statements. The tool also supports bulk asset imports to save time.
Integrations include QuickBooks, Sage, Microsoft Excel, SAP, Oracle, Microsoft Dynamics, NetSuite, Xero, FreshBooks, and Zoho Books.
Pros and cons
Pros:
- Bulk import capabilities
- Supports tax compliance
- Extensive depreciation methods
Cons:
- Limited mobile access
- Steeper learning curve
AssetGuard Pro is a fixed asset management software designed for small businesses in the education, healthcare, and IT industries. It includes asset tracking, management across multiple locations, and global visibility.
Why I picked AssetGuard Pro: AssetGuard Pro is built for small businesses. It’s easy to use and helps you manage assets with automated check-in and check-out processes. You can create custom reports to track and organize your assets. The software works with different barcode types for accurate tracking, and since it’s cloud-based, you won’t need much IT help to get started.
Standout features & integrations:
Features include global visibility of asset details, image capture for asset records, and warranty management. The software also offers tools for depreciation tracking and supports various barcode types. Multi-location functionality helps manage assets across different sites.
Integrations include QuickBooks, SAP, Oracle, Microsoft Dynamics, Salesforce, Xero, NetSuite, Dropbox, Google Drive, and Zoho.
Pros and cons
Pros:
- Cloud-hosted access
- Barcode type variety
- Automated check-in/check-out
Cons:
- Limited customer support options
- Occasional update lags
Asset Manager by Kaizen Software is designed for businesses seeking efficient inventory control. It’s used in industries like manufacturing and logistics to track assets, manage maintenance schedules, and monitor inventory levels.
Why I picked Asset Manager by Kaizen Software: Kaizen Software helps you easily manage inventory and equipment. You can track asset locations, keep up with maintenance history, and use barcode scanning for quick updates. Custom reporting lets you focus on the details you need, and the simple interface makes it easy for your team to get started.
Standout features & integrations:
Features include maintenance scheduling, asset check-in/check-out, and barcode label printing. The software provides a detailed audit trail for asset history. You can also generate custom reports to monitor inventory changes.
Integrations include QuickBooks, Microsoft Excel, SAP, Oracle, Dropbox, OneDrive, Google Drive, Salesforce, Microsoft Dynamics, and NetSuite.
Pros and cons
Pros:
- Customizable reports
- Supports barcode scanning
- Effective inventory control
Cons:
- Limited scalability for large enterprises
- Basic user interface
AssetCloud by Wasp Barcode is a cloud-based asset management solution for medium-sized teams in various industries. It supports asset tracking, inventory management, and barcode technology to enhance operational efficiency.
Why I picked AssetCloud by Wasp Barcode: AssetCloud by Wasp Barcode is built for medium-sized teams and grows with your business. It includes barcode scanning to help you track assets accurately. You can customize dashboards to see the status of your assets at a glance and use its reporting tools to get insights tailored to your needs.
Standout features & integrations:
Features include audit trail management, maintenance scheduling, and asset location tracking. The software supports barcode label printing for easy identification. You can also set up automated alerts to stay informed on asset status changes.
Integrations include QuickBooks, Microsoft Dynamics, Oracle, SAP, Sage, Salesforce, NetSuite, Google Workspace, Dropbox, and Microsoft Teams.
Pros and cons
Pros:
- Efficient barcode label printing
- Detailed audit trail management
- Supports automated alerts
Cons:
- Initial setup complexity
- Occasional software updates needed
Bar|Scan is an asset-tracking solution for businesses managing inventory and assets. It’s used in healthcare, education, and manufacturing sectors, focusing on accurate tracking and audits.
Why I picked Bar|Scan: Bar|Scan lets you track assets accurately with barcode scanning and RFID support. You can create detailed asset reports and handle audits easily. Its mobile app helps you and your team manage assets on the go, making it useful for field operations.
Standout features & integrations:
Features include mobile app access, audit management, and comprehensive reporting. The software allows for easy asset check-in/check-out processes. RFID technology can also enhance asset tracking accuracy.
Integrations include QuickBooks, Microsoft Excel, SAP, Oracle, Microsoft Dynamics, Salesforce, NetSuite, Sage, Google Workspace, and Dropbox.
Pros and cons
Pros:
- Efficient audit management
- Mobile app for on-the-go use
- Strong barcode scanning capability
Cons:
- Limited offline functionality
- Requires technical setup
Other Fixed Asset Management Software
Here are some additional fixed asset management software options that didn’t make it onto my shortlist but are still worth checking out.
- AssetWorks
For public sector use
- AssetTiger
For unlimited users
- Bloomberg Tax Fixed Assets
For large enterprises
- Oracle Asset Tracking
For ERP users
- SAP Asset Manager
For mobile access
- Sage Fixed Assets
For the construction industry
- WorthIT Fixed Assets
For cost analysis
- IBM Maximo
For IoT integration
- BNA Fixed Assets
For tax compliance
- Hexagon
For the energy sector
Fixed Asset Management Software Selection Criteria
When selecting the best fixed asset management software to include in this list, I considered everyday buyer needs and pain points like tracking asset depreciation accurately and ensuring compliance with financial regulations. I also used the following framework to keep my evaluation structured and fair.
Core Functionality (25% of total score)
To be considered for inclusion in this list, each solution had to fulfill these common use cases:
- Track asset location
- Manage asset lifecycle
- Calculate depreciation
- Schedule maintenance
- Generate compliance reports
Additional Standout Features (25% of total score)
To help further narrow down the competition, I also looked for unique features, such as:
- RFID tracking capabilities
- Customizable dashboards
- Advanced analytics
- Mobile app access
- Integration with IoT devices
Usability (10% of total score)
To get a sense of the usability of each system, I considered the following:
- Intuitive interface design
- Ease of navigation
- Minimal learning curve
- Customizable settings
- Consistency across devices
Onboarding (10% of total score)
To evaluate the onboarding experience for each platform, I considered the following:
- Availability of training videos
- Use of interactive product tours
- Access to ready-made templates
- Support through chatbots or live chat
- Offering of webinars for training
Customer Support (10% of total score)
To assess each software provider’s customer support services, I considered the following:
- Availability of 24/7 support
- Responsiveness of the support team
- Access to a knowledge base
- Quality of live chat or phone support
- User community forums
Value For Money (10% of total score)
To evaluate the value for money of each platform, I considered the following:
- Competitive pricing
- Range of features offered
- Flexible pricing plans
- Transparency in pricing
- Availability of discounts
Customer Reviews (10% of total score)
To get a sense of overall customer satisfaction, I considered the following when reading customer reviews:
- Overall satisfaction ratings
- Commonly mentioned pain points
- Feedback on customer support
- Ease of integration experiences
- Frequency of updates or improvements
Trends In Fixed Asset Management Software
In my research, I sourced countless product updates, press releases, and release logs from different fixed asset management software vendors. Here are some of the emerging trends I’m keeping an eye on:
- AI-driven analytics: More software vendors use AI to provide deeper insights into asset usage and predictive maintenance. This helps businesses anticipate equipment failures and optimize asset performance. Vendors like IBM Maximo have integrated AI for more intelligent decision-making.
- Blockchain for asset tracking: Some companies are exploring blockchain technology for more secure and transparent asset tracking. This innovation ensures tamper-proof records and enhances trust among stakeholders. SAP Asset Manager has started incorporating blockchain features.
- Sustainability tracking: There's a growing focus on tracking assets' environmental impact. Software now often includes features to monitor energy usage and carbon footprint. AssetWorks offers tools to assess and reduce environmental impact.
- Virtual and augmented reality: These technologies are being used to enhance asset visualization and training. They allow users to interact with digital twins of physical assets, improving maintenance processes. Hexagon has begun using AR for better asset management.
- Voice-activated commands: Some vendors add voice control features to simplify asset management. This lets users quickly access information and update records without using their hands. Oracle Asset Tracking is beginning to explore voice command functionality.
What Is Fixed Asset Management Software?
Fixed asset management software helps track and manage a company’s physical assets throughout their lifecycle. It’s commonly used by finance teams, asset managers, and operations staff to keep accurate records and maximize assets.
Key features include depreciation tracking, maintenance scheduling, and compliance reporting, which support efficient management and provide valuable insights into asset performance. These tools help businesses stay organized, improve accountability, and lower costs.
Features Of Fixed Asset Management Software
When selecting fixed asset management software, keep an eye out for the following key features.
- Asset Tracking: Provides real-time visibility into the location and status of assets, integrating with spreadsheets and Android devices to streamline asset tracking workflows.
- Depreciation Management: Automates depreciation calculations to ensure accurate financial reporting, integrating with fixed asset software and CPA requirements.
- Maintenance Scheduling: Plans and tracks tasks to extend an asset's lifespan, integrating with asset tracking software and entering real-time data via Android devices.
- Compliance Reporting: Generates reports to ensure regulatory adherence, streamlining workflows with tools like Asset Panda and easy spreadsheet integration.
- Barcode and RFID Support: Barcodes and RFID technology enhance asset tracking accuracy, reducing manual data entry and improving workflows.
- Customizable Dashboards: Offers tailored views of key asset data, improving decision-making with real-time insights from fixed asset software.
- Audit Trails: Maintains a detailed history of asset transactions to ensure accountability and compliance with CPA and regulatory standards.
- Mobile App Access: Allows users to manage assets on the go through Android devices, providing flexibility and convenience.
- Predictive Analytics: Uses data to forecast asset performance, optimizing workflows and maintenance schedules for better resource allocation.
- Environmental Impact Tracking: Monitors asset usage and carbon footprint to help businesses meet sustainability goals through efficient workflows.
Benefits Of Fixed Asset Management Software
Implementing fixed asset management software benefits your team and your business. Here are a few you can look forward to:
- Improved accuracy: Automated tracking and depreciation calculations reduce asset records and financial report errors.
- Increased efficiency: Maintenance scheduling and mobile app access save time and resources by streamlining asset management tasks.
- Better utilization: Real-time tracking and predictive analytics help you make informed decisions about asset deployment and usage.
- Regulatory compliance: Compliance reporting and audit trails ensure your business meets industry standards and regulations.
- Cost savings: You minimize unnecessary expenses by extending asset lifespans and optimizing resource allocation.
- Enhanced accountability: Detailed audit trails provide transparency and accountability for asset transactions and changes.
- Sustainability tracking: Monitoring environmental impact supports your efforts to meet sustainability goals and reduce your carbon footprint.
Costs & Pricing Of Fixed Asset Management Software
Selecting fixed asset management software requires understanding the various pricing models and plans. Costs vary based on features, team size, add-ons, and more. The table below summarizes standard plans, average prices, and features of fixed asset management software solutions.
Plan Comparison Table for Fixed Asset Management Software
| Plan Type | Average Price | Common Features |
| Free Plan | $0 | Basic asset tracking, limited reporting, and a simple user interface |
| Personal Plan | $10-$30/ user/month | Asset tracking, basic maintenance scheduling, and mobile app access |
| Business Plan | $50-$100/ user/month | Advanced reporting, depreciation management, and mobile app access |
| Enterprise Plan | $150-$300/ user/month | Customizable dashboards, predictive analytics, and comprehensive compliance tools |
Fixed Asset Management Software FAQs
Here are some answers to common questions about fixed asset management software:
How does asset management software work?
Asset management software provides real-time tracking and visibility into assets’ status and performance. It automates data recording and updates, reducing errors from manual entry. Your team can manage assets more efficiently, ensuring accurate records and timely maintenance.
What are the best practices for fixed asset management software?
Follow best practices, such as understanding your project scope, assigning management responsibility, and learning basic procedures. Use automated software to increase accuracy and efficiency. Keep up with tech trends and ensure security for your system and employees.
Can fixed asset management software be classified as a fixed asset?
Yes, software can be a fixed asset if it’s developed in-house or adds new functionality. It qualifies as a capital asset, meaning you expense it accordingly. This classification helps your team manage software investments effectively.
What are the three tasks of the fixed asset management system?
A fixed asset system handles asset acquisition, maintenance, and disposal. It ensures assets are tracked from purchase to end-of-life. Your team maintains accurate records and optimizes asset use by managing these tasks.
How do I implement fixed asset management software?
Start by assessing your needs and choosing suitable software. Plan the transition, including data migration and training. Use resources like tutorials and support services to ensure a smooth implementation and maximize benefits.
What is the importance of depreciation management in fixed asset management software?
Depreciation management ensures accurate financial reporting by tracking asset value over time. It helps you plan budgets and taxes effectively. By automating depreciation calculations, your team saves time and reduces errors.
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