CTO’s Guide to The 25 Best IT Asset Management Software
10 Best IT 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.
Navigating the maze of assets in your organization can be daunting. Enter IT asset management software: This tool efficiently automates your asset tracking. With the right asset management solution, you'll benefit from robust functionality and integrations that streamline every process.
I've been where you are, grappling with disjointed records and manual tracking. Trust me, this software addresses those exact pain points, ensuring you never lose sight of any asset's whereabouts or status. It's time to empower your operations and make informed decisions.
What is IT Asset Management Software?
IT asset management software is a digital tool designed to oversee and optimize the inventory, lifecycle management, and usage of IT assets within an organization. Typically leveraged by IT departments, procurement teams, and operations managers, this software aids in tracking hardware, software, and other IT assets, ensuring compliance, efficient resource allocation, and cost-effective asset utilization.
Adopting IT asset management best practices at each stage ensures that organizations maximize value while minimizing risk. By centralizing asset information, these platforms enable organizations to make informed decisions, reduce risks, and maximize the return on technology investments.
Overviews of The 10 Best IT Asset Management Software
Deel is a comprehensive platform designed to support global HR, payroll, and IT operations, making it a versatile solution for companies with international teams. Originally built for hiring and compliance across borders, Deel has expanded its offerings by incorporating IT management through the acquisition of Hofy.
Why I Picked Deel: Deel can handle equipment procurement, deployment, and tracking across 130+ countries. For companies managing global teams, this kind of reach is crucial for maintaining smooth operations without worrying about complex logistics, customs, or compliance issues. Deel also excels in providing real-time visibility over all physical assets like laptops and other hardware, including those owned or leased from third-party vendors, giving businesses control over asset health and inventory on a global scale.
Standout features & integrations:
Additional standout features include robust 24/7 global support, which ensures that employees can resolve technical issues quickly no matter where they are, and the platform’s ability to automate device refresh cycles, saving companies both time and costs. Deel integrates with key tools like Apple Business Manager, Windows Autopilot, Okta, OneLogin, Rippling, and Workday.
Pros and cons
Pros:
- Can combine HR and IT asset management in one
- Helps automate asset workflows
- Supports equipment deployment in over 130 countries
Cons:
- May not be ideal for teams with very complex IT asset needs
- Doesn't offer features beyond device management, like network and server management
Rippling IT helps your team manage everything related to people operations, including IT assets, from one place. With its centralized platform, you can automate device management, track inventory, and control access for new hires or exiting employees.
Why I Picked Rippling IT: Rippling IT is a strong choice for IT asset management because it offers tools to automate the entire lifecycle of your assets. You can assign devices, monitor their status, and even retrieve them when employees leave. It’s easy to see what’s available, who’s using what, and where your inventory gaps are. The platform even handles device provisioning and remote lock/wipe options, so your IT team can manage devices from anywhere.
Standout features & integrations:
Some standout features include automated onboarding and offboarding processes and integrations with over 600 apps. Rippling IT also supports single sign-on (SSO), multi-factor authentication (MFA), and real-time device monitoring. Available integrations include Google Workspace, Microsoft 365, Slack, Zoom, AWS, and Dropbox.
Pros and cons
Pros:
- Remote device lock and wipe capabilities
- Customizable workflow automation
- Support for onboarding and offboarding employees and their devices
Cons:
- Not all features may be necessary for smaller operations
- Can be complex to set up initially
Josys is a comprehensive SaaS management platform designed to optimize IT asset management for businesses. By centralizing the management of software and hardware, Josys helps organizations enhance operations, reduce costs, and mitigate risks associated with IT assets.
Why I Picked Josys: It offers powerful capabilities for managing both SaaS and device assets, enabling businesses to keep a precise inventory of all IT resources. Josys excels in providing detailed insights into asset utilization, helping organizations identify underused assets and optimize their usage. Additionally, its automated workflows and alert systems help with asset tracking and maintenance, reducing manual effort and ensuring timely actions to prevent downtime.
Standout features & integrations:
Josys boasts a range of standout features, including automated asset discovery, real-time tracking, lifecycle management, compliance reporting, and advanced analytics. Its integrations include Microsoft Azure, Google Workspace, ServiceNow, Slack, Salesforce, and Okta.
Pros and cons
Pros:
- Intuitive user interface
- Manages SaaS accounts
- Ability to inventory IT devices in real time
Cons:
- Filtering and reporting functions could be improved
- Customization is limited
Freshservice is an asset management solution designed with a keen emphasis on user experience. By streamlining complex processes into an intuitive interface, it caters to both end users and IT professionals. Given its design philosophy, it stands out as the go-to option for teams that prioritize a user-friendly asset management experience.
Why I Picked Freshservice: Among the myriad of tools I analyzed, Freshservice emerged as a distinct choice due to its clear dedication to a user-centric interface. I selected it not only for its refined aesthetics but also for how it simplifies intricate asset management tasks. For organizations that aim to empower their end users with an easy-to-navigate system, I determined that Freshservice is the best fit.
Standout features & integrations:
Freshservice boasts a customizable dashboard that adapts to varying user preferences, ensuring every user finds what they need without hassle. Its robust customer support features ensure that help is always at hand, enhancing user confidence. Integration-wise, Freshservice is versatile, with compatibility that includes popular platforms and even extends to iOS devices, adding mobility to its list of strengths.
Pros and cons
Pros:
- Strong customer support infrastructure ensures user queries are addressed promptly
- Customizable dashboard caters to diverse user needs
- A highly intuitive interface reduces the learning curve for end users
Cons:
- Configuration options could be overwhelming for novice users
- Mobile app experience may vary across devices
- Some features might be locked behind higher-priced tiers
SuperOps is a PSA-RMM platform designed for MSPs, offering features such as asset, policy, patch, and client management. It automates time-consuming tasks for MSP companies, such as server checking, updating, and restarting, saving them the time and effort associated with manual work.
Why I Picked SuperOps: The asset management feature simplifies the process of managing and performing tasks on assets, ensuring they are always patched and equipped with the necessary software. SuperOps also excels in automation capabilities, including user-friendly scripting and ticket automation modules. I also appreciate its intuitive interface, which makes for easier adoption for new technicians.
Standout features & integrations:
Standout features include policy, patch, alert, and desktop management, as well as tools for remote access. It also offers a service desk, scheduling, reporting, project management, and contract and client management with the ability to manage invoices and payments. It supports integrations with tools like Splashtop, TeamViewer, Bitdefender, Xero, QuickBooks, Stripe, SentinelOne, Guardz, Hudu, Emsisoft, Microsoft Azure, and Webroot.
Pros and cons
Pros:
- Easy-to-learn platform
- RMM and PSA tools in one platform
- Automates time-consuming tasks
Cons:
- Client portal could be improved
- Limited support for other languages
Device42 stands as a competent asset management tool designed to grant users a comprehensive view of all IT assets. Offering a bird's-eye view that few other tools can match, it translates complex asset data into visual interpretations, making it easier to understand.
Why I Picked Device42: Among the myriad options I explored, Device42 caught my attention due to its unmatched visualization capabilities. When determining the best fit for visualizing IT assets, this tool consistently stood out, offering a clarity that I found hard to find elsewhere. Given its prowess in translating detailed asset information into clear, visual formats, I firmly believe it's the 'Best for comprehensive IT asset visualization.'
Standout features & integrations:
Device42 excels at providing real-time tracking of IT assets, including mobile devices and Windows-based machines. Furthermore, its integration with top ITSM platforms ensures you have all your IT services and assets in one cohesive view.
Pros and cons
Pros:
- Comprehensive ITSM integrations
- Strong visualization capabilities
- Efficient real-time tracking
Cons:
- The initial interface can be overwhelming for new users
- Requires a bit of setup time
- Might be overkill for smaller businesses
SolarWinds Service Desk offers a robust software solution that effectively handles both incident management and asset correlation. Its design ensures that businesses can easily identify the relationships between incidents and the assets involved, which can be crucial in resolving issues efficiently.
Why I Picked SolarWinds Service Desk: When selecting a tool that could deftly handle incident and asset correlation, SolarWinds Service Desk was my top choice. In comparing different options, its distinctive ability to interlink incidents with corresponding assets sets it apart. This tool's specific focus on correlating these two vital components ensures it's the best for companies that aim to achieve streamlined issue resolution.
Standout features & integrations:
SolarWinds Service Desk boasts a user interface that prioritizes ease of use, ensuring that users can quickly navigate and manage incidents. With a variety of templates, it provides flexibility to cater to various incident scenarios. Furthermore, being a web-based solution, it offers accessibility from any location. As for integrations, SolarWinds Service Desk is compatible with a range of platforms, aiding businesses in creating a unified IT environment.
Pros and cons
Pros:
- The intuitive user interface makes navigation straightforward
- Web-based platform ensures accessibility from anywhere
- Effective correlation between incidents and assets
Cons:
- Some users might find the vast array of templates overwhelming
- Advanced features may require training
- Initial setup may be time-consuming for some businesses
InvGate Assets is a robust solution that provides a comprehensive approach to the entire asset lifecycle. Its design emphasizes ease and efficiency, ensuring businesses can manage their assets effectively, especially when it comes to the complexities of asset lifecycle management.
Why I Picked InvGate Assets: In the journey of selecting top asset management tools, InvGate Assets surfaced as a clear leader. The precision with which it handles the various stages of an asset's life left an impression on me. After comparing numerous options, I decided that its approach to lifecycle management made it uniquely suited for those seeking to streamline this process, earning it the title 'Best for streamlined asset lifecycle management.'
Standout features & integrations:
InvGate Assets boasts a mobile app that integrates barcode scanning for effortless asset tracking. It's adept at sending notifications in real-time, ensuring teams remain updated. Moreover, its compatibility with on-premise deployments gives businesses flexibility in how they choose to implement it.
Pros and cons
Pros:
- Option for on-premise deployment
- Real-time notifications system
- Mobile app with barcode functionality
Cons:
- Some integrations might need manual configuration
- The interface might be too detailed for smaller teams
- Might require training for complex features
Ivanti Neurons for ITAM empowers businesses to gain a deeper understanding of their IT assets, turning data into actionable insights. This tool takes a proactive stance, anticipating asset needs and changes, making it invaluable for those seeking forward-looking IT asset analysis.
Why I Picked Ivanti Neurons for ITAM: Navigating the vast array of IT asset management tools, Ivanti stood out to me due to its anticipatory approach. By moving beyond traditional spreadsheets and diving deep into asset analytics, it offers something unique. I judged this tool to be the best for those wanting proactive IT asset insights, highlighting its capacity to transform raw data into tangible foresight.
Standout features & integrations:
At its core, Ivanti streamlines IT asset tracking for small businesses, eliminating the tediousness of manual spreadsheet management. It boasts advanced features such as tracking warranties with precision and offers robust API integrations to cater to diverse business needs.
Pros and cons
Pros:
- Versatile API integrations facilitate data flow
- Advanced warranty tracking eliminates guesswork
- Specifically tailored for small business needs
Cons:
- Some features could be overwhelming for non-tech personnel
- Requires training for complete utilization
- Might be an overkill for very small enterprises
OpenText Asset Management X is an advanced asset management system, adept at handling the complexities of large enterprises. Streamlining the intricate workflows of sizable IT departments simplifies the process of tracking, managing, and optimizing a vast range of assets.
Why I Picked OpenText Asset Management X: I selected OpenText Asset Management X after comparing its robust capabilities tailored for big organizations. Its ability to efficiently scale without compromising on detail is unique in the asset management space. The software truly shines for those seeking enterprise-level asset scalability, making it an excellent match for that particular use case.
Standout features & integrations:
The platform offers a comprehensive asset lifecycle management approach, integrating effortlessly with help desk solutions and providing robust license management tools. Its intelligent asset grouping and detailed audit trails make tracking assets in expansive environments straightforward.
Pros and cons
Pros:
- Effective license management tools
- Detailed asset audit trails
- Advanced asset lifecycle management
Cons:
- Integrations may be overwhelming for smaller setups
- Lacks some features found in specialized software
- A steeper learning curve for beginners
The Best IT Asset Management Software Summary
| Tools | Price | |
|---|---|---|
| Deel | Flat rate user pricing, with a free version for businesses with up to 200 people | Website |
| Rippling IT | From $8/user/month (billed annually) | Website |
| Josys | Pricing upon request | Website |
| Freshservice | From $19/user/month (billed annually) | Website |
| SuperOps | From $59/user/month (billed annually) | Website |
| Device42 | From $29/user/month (billed annually) | Website |
| SolarWinds Service Desk | From $19/user/month (billed annually) | Website |
| InvGate Assets | Pricing upon request | Website |
| Ivanti Neurons for ITAM | Pricing upon request | Website |
| OpenText Asset Management X | Pricing upon request | Website |
Compare Software Specs Side by Side
Use our comparison chart to review and evaluate software specs side-by-side.
Compare SoftwareOther Noteworthy IT Asset Management Software
Below is a list of additional it asset management software that I shortlisted but did not make it to the top 10. Definitely worth checking them out.
Selection Criteria for Choosing IT Asset Management Software
In the realm of IT Asset Management (ITAM) software, I've navigated through the digital labyrinth of offerings to identify what truly matters. With a plethora of options available, it can be overwhelming to determine which tool is the best fit. But worry not; I've personally tried and researched numerous tools. I evaluated dozens of ITAM tools and was keenly searching for specific functionalities and features that I'll delve into below.
Core Functionality
For an IT Asset Management software to be deemed valuable, it should enable the user to:
- Asset Discovery: Automatically detect and categorize new assets in the IT environment.
- Inventory Management: Maintain an updated list of all IT assets, their configurations, and their locations.
- License Management: Ensure software licenses are compliant, and unused licenses are effectively recycled or retired.
- Lifecycle Management: Track the entire lifecycle of an asset from procurement to IT asset disposal.
Key Features
When dissecting the numerous features offered by ITAM tools, these stood out as game-changers:
- Integration Capabilities: Can the tool easily integrate with other systems like CRM, ERP, or IT service management software?
- Reporting and Analytics: The tool should offer insights into asset utilization, costs, and forecasts to assist in decision-making.
- Automated Alerts: Notifications about irregularities such as unauthorized software installations or expiring warranties.
- Cloud and On-premise Asset Tracking: With the rise of remote work, tracking assets across both on-premise and cloud environments is vital.
- Security and Compliance: Features that ensure assets adhere to regulatory standards and policies, reducing potential risks.
Usability
The user experience in an ITAM tool is paramount. Here's what I focused on:
- Interactive Dashboards: A comprehensive dashboard that gives a quick snapshot of all assets, their statuses, and alerts, preferably with customization options to suit individual needs.
- Filtering and Tagging Interface: With the myriad of assets being managed, the ability to quickly filter through or tag assets becomes invaluable. For instance, if I want to see all assets that are due for maintenance, a simple filter or tag should enable this.
- Role-Based Access: In larger organizations, not everyone needs full access. The software should allow easy configuration of user roles, ensuring staff only see what's relevant to their job.
- Learning Library or Training Program: Given the complexities associated with enterprise-level ITAM tools, having a structured onboarding program or an accessible wiki can be the difference between successful adoption and overwhelming confusion.
With these criteria in mind, the task of selecting the ideal ITAM software becomes more manageable. Always remember to align the software's offerings with the specific needs of your organization.
Most Common Questions Regarding IT Asset Management Software (FAQs)
What are the benefits of using IT Asset Management software?
Using IT Asset Management software offers numerous advantages:
- Comprehensive Visibility: Gain an overview of every IT asset, its status, and its location, ensuring nothing falls through the cracks.
- Cost Savings: By tracking and managing licenses, warranties, and hardware effectively, companies can avoid unnecessary purchases and penalties.
- Enhanced Security: Stay ahead of potential security breaches by monitoring software installations and hardware access.
- Regulatory Compliance: Helps ensure software licenses and hardware practices are in line with industry regulations.
- Optimized Asset Usage: By understanding asset usage patterns, organizations can make informed decisions about renewals, retirements, and procurements.
How much do these tools typically cost?
The cost of IT Asset Management software varies widely based on features, integrations, and scalability requirements. They can range from free versions with basic features to enterprise solutions costing thousands of dollars per month.
What are the common pricing models for IT Asset Management software?
Most ITAM software providers follow one of these pricing models:
- Per User/Per Month: You pay a monthly fee based on the number of users accessing the software.
- Per Asset: Pricing is based on the number of assets being managed.
- Flat Fee: A fixed monthly or yearly fee, regardless of users or assets.
- Freemium: A basic version of the software is available for free, with more advanced features available for a fee.
What's the typical price range for these tools?
For small to medium-sized businesses, ITAM tools can start as low as $10/user/month and can go up to $100/user/month for more feature-rich options. Enterprise solutions can range from $500 to several thousands of dollars per month based on the size and needs of the organization.
Which is the cheapest software available?
Snipe-IT is one of the notable tools that offers a free, open-source version for users. While it might lack some advanced features, it’s suitable for basic asset management needs.
Which is the most expensive IT Asset Management software?
Enterprise solutions like IBM Maximo or Flexera Software Asset Management tend to be at the higher end of the pricing spectrum because of their comprehensive features, scalability, and integration capabilities.
Are there any free options available?
Yes, several IT Asset Management tools offer free versions. Snipe-IT, as mentioned earlier, offers a free, open-source version. However, these free options might have limited features and are typically suitable for small businesses or teams.
Is it worth investing in a premium IT Asset Management software?
For larger organizations or those with complex IT infrastructures, investing in premium IT Asset Management software can yield significant returns in terms of cost savings, security, and compliance. The automation, integrations, and comprehensive management they offer often justify the investment.
Other IT Asset Management Software Reviews
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Summary
Navigating the vast landscape of IT asset management software can be a challenging task. With various features, integrations, and pricing models, it's essential to identify the tools that align perfectly with an organization's specific needs. This guide has distilled the essence of what makes for a competent IT asset management software and presented a curated list of the best tools available.
Key Takeaways:
- Core Functionality Matters: Not all IT asset management software is created equal. The core functionality, like tracking assets across their lifecycle, integration capabilities, and real-time monitoring, can greatly influence a tool's efficacy for your organization.
- Usability and Design Can Influence Productivity: The best software has an intuitive user interface tailored to this niche, making asset tagging, filtering, and other tasks more straightforward. Remember, a tool with a steep learning curve can impede adoption rates and overall productivity.
- Consider the Total Cost: Beyond just the sticker price, consider the scalability, any hidden costs associated with integrations, and the potential return on investment. It's also worth noting that while there are premium solutions available, there are also robust free options in the market that might be a fit for smaller teams or businesses.
What Do You Think?
We've done our best to curate a list of the top IT asset management software available. However, the tech world is vast and ever-evolving.
If you've encountered a tool that has impressed you or believe there's a hidden gem we might have missed, we'd love to hear from you. Please share your recommendations and insights, and together, let's make this resource even better for everyone.