12 Best IT Asset Management Software Shortlist
After thorough evaluation, I've curated the top 12 IT asset management software, perfectly tailored to address your unique challenges.
- OpenText Asset Management X - Best for enterprise-level asset scalability
- Device42 - Best for comprehensive IT asset visualization
- InvGate Assets - Best for streamlined asset lifecycle management
- Alloy Software - Best for integrated IT service management
- Ivanti Neurons for ITAM - Best for proactive IT asset insights
- ScalePad - Best for managed service providers
- Freshservice - Best for intuitive asset management interface
- ServiceNow IT Asset Management (ITAM) - Best for unified IT operations
- NinjaOne - Best for remote IT asset management
- ManageEngine ServiceDesk Plus - Best for holistic IT service and asset management
- SolarWinds Service Desk - Best for incident and asset correlation
- IBM Flexera One - Best for software license optimization
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 an IT Asset Management Software?
IT asset management software is a digital tool designed to oversee and optimize the inventory, lifecycle, 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. By centralizing asset information, these platforms enable organizations to make informed decisions, reduce risks, and maximize the return on technology investments.
Overviews of the 12 Best IT Asset Management Software
1. OpenText Asset Management X - Best for enterprise-level asset scalability

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.
Pricing:
Pricing upon request
Pros:
- Advanced asset lifecycle management
- Detailed asset audit trails
- Effective license management tools
Cons:
- A steeper learning curve for beginners
- Lacks some features found in specialized software
- Integrations may be overwhelming for smaller setups
2. Device42 - Best for comprehensive IT asset visualization

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.
Pricing:
Pricing upon request
Pros:
- Efficient real-time tracking
- Strong visualization capabilities
- Comprehensive ITSM integrations
Cons:
- Might be overkill for smaller businesses
- Requires a bit of setup time
- The initial interface can be overwhelming for new users
3. InvGate Assets - Best for streamlined asset lifecycle management

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.
Pricing:
Pricing upon request
Pros:
- Mobile app with barcode functionality
- Real-time notifications system
- Option for on-premise deployment
Cons:
- Might require training for complex features
- The interface might be too detailed for smaller teams
- Some integrations might need manual configuration
4. Alloy Software - Best for integrated IT service management

Alloy Software offers a comprehensive platform that tackles both IT service management and asset control. Tailored to bridge the realms of service and assets, it becomes pivotal for businesses aiming for an integrated approach, especially with IT service management in focus.
Why I Picked Alloy Software:
Choosing the right tool can be daunting, but Alloy Software captured my attention with its cohesive blend of features. The depth of its capabilities, combined with how it integrates both service and asset realms, made it stand apart from other contenders. I determined that its unified approach renders it perfect for businesses seeking integrated IT service management, validating its "Best for..." tag.
Standout features & integrations:
Alloy shines when it comes to inventory management of hardware assets. The SaaS platform ensures easy accessibility and adaptability. Not just that, it excels in managing physical assets and offers a self-service portal that empowers users to handle their needs independently.
Pricing:
Pricing upon request
Pros:
- Robust inventory management for hardware assets
- Comprehensive SaaS platform ensuring accessibility
- Efficient management of physical assets with a self-service portal
Cons:
- Potential learning curve for beginners
- Requires internet connectivity for optimal SaaS functionality
- Custom integrations might need expert assistance
5. Ivanti Neurons for ITAM - Best for proactive IT asset insights

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.
Pricing:
Pricing upon request
Pros:
- Specifically tailored for small business needs
- Advanced warranty tracking eliminates guesswork
- Versatile API integrations facilitate data flow
Cons:
- Might be an overkill for very small enterprises
- Requires training for complete utilization
- Some features could be overwhelming for non-tech personnel
6. ScalePad - Best for managed service providers

ScalePad is an asset management platform tailored specifically to meet the complex requirements of managed service providers. Through comprehensive asset discovery and meticulous asset inventory processes, it provides a robust foundation for optimizing IT assets in diverse environments. Given this focused approach, it excels for managed service providers aiming for precision and depth in asset management.
Why I Picked ScalePad:
In the intricate realm of asset management tools, ScalePad caught my attention with its dedicated functionalities for managed service providers. I selected this tool for its robust configuration management, a pivotal feature that many tools overlook. I determined that for service providers who need an edge in managing and maintaining assets, ScalePad is the best pick.
Standout features & integrations:
ScalePad goes beyond mere asset logging, offering in-depth asset discovery to unearth all IT assets within a network. Its asset inventory capabilities ensure that every piece of equipment is accounted for and managed effectively. Integration-wise, ScalePad meshes well with a variety of popular IT systems, streamlining data flow and bolstering its value as an asset management platform.
Pricing:
Pricing upon request
Pros:
- Comprehensive asset discovery ensures no device is overlooked
- Advanced asset inventory offers thorough tracking
- Versatile configuration management adjusts to diverse IT setups
Cons:
- Might be excessive for small-scale operations
- The platform may have a learning curve for some users
- Potential integration challenges with niche IT systems
7. Freshservice - Best for intuitive asset management interface

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.
Pricing:
From $19/user/month (billed annually)
Pros:
- A highly intuitive interface reduces the learning curve for end users
- Customizable dashboard caters to diverse user needs
- Strong customer support infrastructure ensures user queries are addressed promptly
Cons:
- Some features might be locked behind higher-priced tiers
- Mobile app experience may vary across devices
- Configuration options could be overwhelming for novice users
8. ServiceNow IT Asset Management (ITAM) - Best for unified IT operations

ServiceNow IT Asset Management (ITAM) is a comprehensive IT asset management solution designed to consolidate and simplify IT operations across an organization. Providing a unified platform allows IT teams to have a consolidated view of assets, from laptops to servers, ensuring efficiency in operations. Its alignment with the goal of unified IT operations is what makes it a standout choice for many.
Why I Picked ServiceNow IT Asset Management (ITAM):
In my exploration of various tools, ServiceNow ITAM was selected because of its all-encompassing nature, presenting a unified view of all IT operations. By comparing its key features with others, I judged that its depth in providing a singular view of all IT assets is unparalleled. Based on these observations, I have a firm opinion that for organizations that aim for streamlined and unified IT operations, ServiceNow ITAM is undeniably the best.
Standout features & integrations:
ServiceNow ITAM offers key features that enable IT teams to track, manage, and allocate assets, from laptops to complex server systems, with ease. The platform is not just about tracking, but also about optimizing the use of each asset. Integration-wise, ServiceNow ITAM can connect with a plethora of enterprise tools and software, making the transition and adoption smoother for businesses.
Pricing:
Pricing upon request
Pros:
- A comprehensive view of all IT assets ensures better management
- Extensive integration capabilities with other enterprise tools
- Detailed reporting aids in decision-making and resource allocation
Cons:
- Steeper learning curve for those unfamiliar with the ServiceNow ecosystem
- Pricing may not be transparent and could vary based on specific requirements
- Some advanced features might require additional configuration
9. NinjaOne - Best for remote IT asset management

NinjaOne offers a platform focused on IT asset management tailored for organizations that rely heavily on remote work infrastructures. This tool efficiently tracks new assets and maintains an inventory of both Mac and Windows devices, along with network devices, ensuring organizations are always up to date, especially when operating remotely.
Why I Picked NinjaOne:
When selecting tools, I considered several options, but NinjaOne caught my attention because of its specific emphasis on remote IT asset management. In determining its potential, I compared it with other tools and found that its capabilities, especially in catering to remote environments, are distinct and set it apart. Thus, I am of the opinion that for businesses that require robust remote IT asset management, NinjaOne is a clear choice.
Standout features & integrations:
One of NinjaOne's key features is its ability to discover and onboard new assets rapidly, allowing IT teams to stay ahead. It supports a wide range of devices, from Mac to Microsoft-based products and even network devices. Integration-wise, NinjaOne can be linked with several open-source tools and popular platforms, ensuring a smooth interplay between various systems.
Pricing:
Pricing upon request
Pros:
- Rapid discovery and onboarding of new assets
- Supports a vast range of devices, from Mac to Microsoft systems
- Extensive integration capabilities with open-source tools
Cons:
- Might be overwhelming for smaller teams without dedicated IT personnel
- The interface could be complex for those used to simpler platforms
- Some users might find the need for additional training to fully utilize its capabilities
10. ManageEngine ServiceDesk Plus - Best for holistic IT service and asset management

ManageEngine ServiceDesk Plus is a comprehensive platform that combines IT service and asset management functions into one system. It is particularly tailored for businesses that are looking for a holistic approach to managing their IT infrastructure and services.
Why I Picked ManageEngine ServiceDesk Plus:
In my process of choosing a tool that could offer both IT service and asset management, ManageEngine ServiceDesk Plus stood out among its peers. Its ability to offer a complete suite of features, which many other platforms separate, was the determining factor in my selection. This holistic approach, which encompasses everything from project management to purchase orders, makes it best for those wanting to streamline IT service and asset management without compromising on features.
Standout features & integrations:
Key features of ManageEngine ServiceDesk Plus include the ability to manage purchase orders, track assets using QR codes, and even handle project management tasks. Furthermore, it provides functionalities to monitor and manage routers and other vital network components. As for integrations, it fits into a variety of environments, especially favorable for smbs, by syncing with popular tools and platforms commonly used by businesses.
Pricing:
Pricing upon request
Pros:
- Holistic management of both IT services and assets
- Features such as QR codes enhance asset-tracking capabilities
- Strong capabilities in managing routers and network components
Cons:
- Might require a steeper learning curve for newcomers
- Certain features may be overkill for very small businesses
- Requires dedicated personnel for optimal utility and implementation
11. SolarWinds Service Desk - Best for incident and asset correlation

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.
Pricing:
Pricing upon request
Pros:
- Effective correlation between incidents and assets
- Web-based platform ensures accessibility from anywhere
- The intuitive user interface makes navigation straightforward
Cons:
- Initial setup may be time-consuming for some businesses
- Advanced features may require training
- Some users might find the vast array of templates overwhelming
12. IBM Flexera One - Best for software license optimization

IBM Flexera One is a comprehensive solution designed to manage and optimize software licenses across various workstations. Its core competency lies in ensuring that businesses remain compliant while effectively utilizing their software assets, making it especially vital for software license optimization.
Why I Picked IBM Flexera One:
When determining which tool to highlight for software license management, IBM Flexera One grabbed my attention. In comparing it with other contenders, I formed the opinion that its dedicated focus on license compliance and optimization truly differentiated it from others. I believe it's best for companies who prioritize maintaining license compliance while ensuring cost-effective utilization of their software.
Standout features & integrations:
IBM Flexera One is renowned for its ability to provide insights into software usage, ensuring that companies only pay for what they use. It can quickly identify unused licenses, enabling firms to make informed decisions regarding renewals. As for integrations, IBM Flexera One supports a range of IT platforms and tools, ensuring a cohesive approach to license management.
Pricing:
Pricing upon request
Pros:
- Robust insights into software usage across workstations
- Prioritizes license compliance, reducing legal risks
- Integrates well with multiple IT platforms and tools
Cons:
- Might come across as complex for smaller businesses
- Requires periodic updates to stay current with licensing models
- Potential for longer initial setup due to its extensive features
Other 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 12. Definitely worth checking them out.
- Vanta - Good for continuous security monitoring
- Drata - Good for achieving SOC 2 compliance
- Incident IQ - Good for school IT asset management
- Scrut Automation - Good for traffic flow analysis
- Lansweeper - Good for scanning large networks
- BMC Helix ITSM - Good for cloud-based service management
- IFS Assyst - Good for integrated IT management
- Snipe-IT - Good for open-source asset tracking
- SysAid - Good for centralized IT performance
- PDQ - Good for rapid system deployment
- ManageEngine AssetExplorer - Good for real-time IT asset discovery
- Flexera Software Asset Management - Good for software spend optimization
- IBM Maximo - Good for enterprise asset lifecycle management
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 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
- Software Asset Management Software
- Asset Management Software For IT Teams
- Help Desk Software with Asset Management
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.