The 25 Leading Software Asset Management Software Of 2024
Best Software Asset Management Software Shortlist
Here's my pick of the 10 best software from the 25 tools reviewed.
Our one-on-one guidance will help you find the perfect fit.
Navigating the complexities of IT, I grasp the significance of managing software assets effectively. Software Asset Management (SAM) software seamlessly tracks, manages, and optimizes your organization's software licenses.
This tool amplifies your software investments while ensuring compliance and curbing risks. It counters issues like unforeseen licensing expenses, compliance pitfalls, and manual software tracking. Embrace SAM software to make these challenges history. Explore the options to enrich your organization.
What Is Software Asset Management Software?
Software asset management (SAM) software is a specialized tool designed to monitor and manage software licenses, usage, and compliance within organizations. Businesses of all sizes utilize SAM software to ensure that they remain compliant with licensing agreements, maximize the utilization of purchased software, and minimize associated costs.
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By offering a centralized view of all software assets, these tools aid IT managers, compliance officers, and procurement teams in making informed decisions, optimizing software investments, and preventing potential legal complications arising from licensing oversights.
Best Software Asset Management Software Summary
| Tools | Price | |
|---|---|---|
| Deel | Flat rate user pricing, with a free version for businesses with up to 200 people | Website |
| Lansweeper | Pricing upon request | Website |
| Cherwell Asset Management | Pricing upon request | Website |
| Belarc | Pricing upon request | Website |
| NinjaOne IT Asset Management Software | Pricing upon request | Website |
| Flexera One | Pricing upon request | Website |
| ServiceNow Software Asset Management (SAM) | Pricing upon request | Website |
| InvGate Assets | Pricing upon request | Website |
| AWS License Manager | Pricing upon request | Website |
| USU | Pricing upon request | Website |
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Compare SoftwareBest Software Asset Management Software Reviews
Deel IT is a comprehensive solution for managing IT operations and assets across the globe in over 130 countries. As part of Deel's platform, which is well-known for its HR, payroll, and compliance solutions, Deel IT extends its services to include end-to-end equipment management for companies with distributed workforces.
Why I Picked Deel:
Businesses can ship devices pre-loaded with apps, security protocols, and specific configurations directly from the platform, ensuring that every new hire is ready from day one. This reduces the complexity of onboarding new employees, particularly in remote or hybrid environments, and guarantees that the hardware is equipped with the right software and tools as soon as it arrives.
The platform also automates tasks such as provisioning, software license management, and app access revocation when employees are offboarded. With these capabilities, Deel IT ensures that businesses maintain tight control over software distribution and licensing.
Standout Features & Integrations:
Other standout features include Deel IT’s global 24/7 support and real-time device management. The platform offers round-the-clock troubleshooting and repairs, ensuring minimal downtime for employees regardless of their location. In addition, the centralized device management interface provides visibility into all IT assets.
Integrations include Deel HR, Apple Business Manager, Windows Autopilot, Slack, Microsoft Teams, Okta, BambooHR, Workday, Zenefits, and Greenhouse.
Pros and cons
Pros:
- Supports equipment deployment in over 130 countries
- Helps automate asset workflows
- Can combine HR and IT asset management in one
Cons:
- Doesn't offer features beyond device management, like network and server management
- May not be ideal for teams with very complex IT asset needs
Lansweeper is an asset management solution that aids organizations in managing and auditing their software and hardware assets. Its focus on ensuring compliance, particularly in software license management, positions it as a frontrunner for enterprises that prioritize adhering to regulatory standards.
Why I Picked Lansweeper:
In my journey of selecting the right tools, Lansweeper resonated with me due to its emphasis on compliance, especially in the realm of software licenses. I observed that it goes beyond mere asset tracking by ensuring that organizations stay within the boundaries of software license agreements.
I chose Lansweeper because its dedication to compliance and its capability to audit software licenses distinguish it, making it the best for organizations driven by compliance needs.
Standout Features & Integrations:
Lansweeper offers robust asset discovery capabilities, ensuring that IT teams have complete visibility over their hardware and software assets in real-time. Furthermore, its IT asset management solution comes equipped with detailed reporting capabilities, assisting organizations in staying on top of their compliance requirements.
For integrations, Lansweeper connects with Microsoft Windows and other network devices, ensuring that asset data remains consistent across various platforms.
Pros and cons
Pros:
- Effective integration with major platforms like Microsoft Windows
- Comprehensive asset discovery and reporting capabilities
- Strong emphasis on software license compliance
Cons:
- Some users may find the interface less modern compared to other SaaS solutions
- Might require initial training for end-users unfamiliar with ITAM tools
- Pricing transparency could be improved for potential users
Cherwell Asset Management is a sophisticated ITAM solution that assists organizations in optimizing their IT assets. Tailored for businesses with a need to scale, Cherwell ensures that as enterprises grow, their asset management strategies evolve efficiently and robustly.
Why I Picked Cherwell Asset Management:
In my journey of selecting and comparing various asset management platforms, Cherwell Asset Management caught my attention for its remarkable scalability features. While many tools offer IT asset management, Cherwell's commitment to serving enterprises, especially those on the verge of rapid expansion or diversification, is what differentiates it.
Consequently, I judged it to be the 'best for scalable enterprise asset strategies' due to its ability to adapt and grow with an enterprise, ensuring that IT asset strategies remain robust.
Standout Features & Integrations:
Cherwell Asset Management is lauded for its comprehensive asset discovery capabilities and its intuitive reporting capabilities. The platform simplifies the often intricate task of tracking digital and physical assets, ensuring complete visibility across the board. Cherwell integrates well with Windows, improving its asset management for devices running this OS.
Moreover, integrations with key software providers like Microsoft add layers of capability, while the API offerings allow for custom connections.
Pros and cons
Pros:
- Scalable, catering to evolving enterprise needs
- Strong integration with Windows and other major providers like Microsoft
- Efficient asset discovery mechanisms for both digital and physical assets
Cons:
- Some features might be excessive for organizations only looking for basic asset management
- The platform may require some training for end-users unfamiliar with its ecosystem
- Might be intricate for small businesses or those without dedicated IT teams
Belarc provides a holistic view of your entire IT environment, assisting businesses in gaining in-depth insights into their software assets. Its prowess in creating detailed profiles for systems allows users to have a granular understanding of their assets, closely aligning with its recognition for comprehensive system profiling.
Why I Picked Belarc:
I chose Belarc because, in my comparative assessment, its unique capability to profile systems in detail sets it apart from other solutions. This tool simplifies and streamlines the often tedious task of gathering asset data.
This specific strength aligns perfectly with its accolade as 'best for comprehensive system profiling,' ensuring businesses can automate their audits and maintain clear and complete visibility over their digital assets.
Standout Features & Integrations:
Belarc offers robust asset discovery and inventory management functionalities, ensuring that both software and hardware assets are well accounted for. Moreover, its reporting capabilities allow IT teams to swiftly generate detailed reports, aiding in audits and compliance tasks.
As for integrations, Belarc has provisions to work with Microsoft Windows environments and can also support other major platforms, giving ITAM professionals the flexibility they need.
Pros and cons
Pros:
- Compatible with a wide range of platforms including Windows
- Strong reporting capabilities for audits and compliance
- Comprehensive system profiling for detailed asset insights
Cons:
- While it has integrations, some newer SaaS providers might not be supported
- Might be over-comprehensive for small businesses or SMBs looking for a simpler solution
- No explicit pricing on the website, making initial assessment challenging
NinjaOne is a versatile IT asset management solution built to cater to the unique needs of Managed Service Providers (MSPs) and organizations that prioritize remote asset management. The software is designed to offer MSPs a centralized platform for overseeing client assets, especially beneficial in today's remote-first operational models.
Why I Picked NinjaOne IT Asset Management Software:
In my extensive analysis and selection process, NinjaOne emerged as a standout due to its tailored focus on MSPs and the tools it offers for remote asset tracking. As the landscape of work continues to shift towards more decentralized and remote structures, a tool that simplifies the management of remote assets becomes invaluable.
Hence, my determination was clear: NinjaOne is ideally positioned as the 'best for MSPs and remote asset management' due to its unique capabilities and direct alignment with current industry needs.
Standout Features & Integrations:
NinjaOne shines with its real-time asset data monitoring and in-depth audits, ensuring IT teams have complete visibility over both hardware assets and digital assets. Its cloud-based nature allows easy access from anywhere, making it a boon for remote operations. Furthermore, integrations with key software solutions such as Microsoft and the presence of an API provide ample opportunities for connectivity and workflow automation.
Pros and cons
Pros:
- Robust integrations, including Microsoft and a versatile API
- Real-time asset tracking for complete visibility
- Focused on MSPs, ensuring tools and features are directly relevant
Cons:
- The cloud-based model might not be preferred by organizations looking for on-premises solutions
- Might be overwhelming for smaller organizations without dedicated ITSM or IT teams
- May not be as suitable for businesses not operating in an MSP model
Flexera One is an all-encompassing IT asset management solution, adept at streamlining and simplifying the processes of asset discovery, inventory management, and IT governance. When organizations aim for multifunctional governance of their IT assets, Flexera One emerges as a leader, ensuring that assets are not only tracked but managed with a clear emphasis on overarching IT strategies.
Why I Picked Flexera One:
Choosing the best IT asset management software requires careful judgment, and I determined that Flexera One stood out due to its multifaceted approach to IT governance. This tool not only handles the basics of asset management but goes above and beyond by integrating strategic IT governance principles into its core.
I chose Flexera One because of its multifunctional capabilities, making it an ideal tool for organizations that want more than just asset tracking — they want comprehensive IT governance.
Standout Features & Integrations:
Flexera One offers an impressive suite of features that enable complete visibility into both hardware and digital assets, thereby aiding in efficient asset management and real-time audits. Its asset discovery mechanisms are robust, ensuring that no asset goes unnoticed, while its reporting capabilities give IT teams the data they need to make informed decisions.
When it comes to integrations, Flexera One shines by smoothly integrating with providers like Microsoft, IBM, and a myriad of cloud-based and on-premises systems.
Pros and cons
Pros:
- Integrations with major providers and platforms
- Efficient asset discovery and reporting capabilities
- Comprehensive approach to IT governance
Cons:
- Potential learning curve for those unfamiliar with multifunctional IT governance tools
- The breadth of features may be overwhelming for smaller businesses
- Pricing transparency could be improved
Best for integration with IT service workflows
ServiceNow Software Asset Management (SAM) is a comprehensive cloud-based solution geared toward the effective management of software assets across an organization. A crucial part of its offering is its tight-knit integration with IT service workflows, ensuring that businesses can intertwine asset management with their core IT processes.
Why I Picked ServiceNow Software Asset Management (SAM):
In the process of determining and comparing asset management solutions, I selected ServiceNow SAM due to its depth in integrating with IT service workflows. This tool stands out because of its ability to merge the worlds of software asset management and IT service management (ITSM) so efficiently.
From my judgment and comparison, ServiceNow SAM shines as the 'Best for integration with IT service workflows' primarily due to its holistic approach and alignment with the broader ServiceNow ecosystem.
Standout Features & Integrations:
ServiceNow SAM is renowned for its real-time tracking capabilities and robust reporting capabilities. Not only does it provide end-to-end visibility on software assets, but it also automates the software lifecycle, reducing the effort on IT teams.
One of its standout integrations is with the ServiceNow ITSM suite, ensuring that software assets are managed alongside IT services. Additionally, integrations with providers like Microsoft and IBM enrich its capabilities even further.
Pros and cons
Pros:
- Wide range of integrations with major software providers
- Comprehensive real-time tracking and reporting capabilities
- Deep integration with IT service workflows via ServiceNow ITSM
Cons:
- The learning curve for those unfamiliar with the ServiceNow ecosystem
- Can be seen as overkill for organizations only seeking basic software asset management
- Might be complex for small businesses without a dedicated IT team
InvGate Assets delivers a solution that centralizes and visualizes both hardware and software assets within an organization. Its capability to present assets in a visual and easy-to-understand format justifies its reputation for offering intuitive asset visualization.
Why I Picked InvGate Assets:
When selecting tools for this list, InvGate Assets stood out to me because of its unique focus on a visual representation of assets. I determined that its approach of presenting asset data in a digestible manner distinguishes it from other solutions.
This visual emphasis is exactly why I believe InvGate Assets is 'best for intuitive asset visualization,' as it streamlines the asset management process by making complex data understandable at a glance.
Standout Features & Integrations:
InvGate Assets boasts a robust asset discovery feature, allowing IT teams to automatically detect and register new assets in real-time. Furthermore, its asset management platform integrates with a barcode system for physical asset tracking.
Integrations-wise, InvGate supports synchronization with popular ITSM solutions and can be easily connected with platforms like Microsoft Windows, ensuring a cohesive asset management experience.
Pros and cons
Pros:
- Integration with popular ITSM solutions and platforms
- Automated asset discovery ensures up-to-date asset data
- Visual presentation of assets simplifies complex data
Cons:
- Some niche software solutions may not have native integrations available
- Might have a steeper learning curve for those new to asset management systems
- Absence of transparent pricing may deter initial interest
AWS License Manager, a service offered by Amazon Web Services, specializes in aiding organizations to track, manage, and control their software licenses in a cloud-based environment. With a surge in cloud-native applications and services, this tool is essential for organizations that prioritize keeping their software license compliance in check, especially within AWS's vast cloud ecosystem.
Why I Picked AWS License Manager:
After determining and comparing several IT asset management tools, I chose AWS License Manager because of its unique and efficient approach to cloud-native software license tracking. With the increasing transition of services to the cloud, having a tool that's woven into the very fabric of one of the world's largest cloud providers stands out.
AWS License Manager, in my judgment, is unparalleled for entities that heavily lean on AWS services and desire a cohesive solution for their software license management, making it the 'best for cloud-native software license tracking.'
Standout Features & Integrations:
AWS License Manager boasts real-time license tracking capabilities, ensuring organizations can maintain license compliance with ease. Furthermore, the tool streamlines the process of inventory management and integrates with AWS's other services.
In terms of integrations, AWS License Manager functions harmoniously with a range of AWS services like EC2, RDS, and more, ensuring that all software assets within the AWS ecosystem are meticulously tracked and managed.
Pros and cons
Pros:
- Streamlined inventory management within AWS services
- Real-time license tracking capabilities
- Integrated into the AWS ecosystem, providing a cohesive experience
Cons:
- Potentially more complex for small businesses not deeply embedded in cloud platforms
- A learning curve for those unfamiliar with AWS services
- Might be less suited for organizations not primarily on AWS
USU is a prominent IT asset management platform that specifically zeroes in on providing a detailed breakdown of software asset costs. By emphasizing cost transparency, USU equips organizations with a clear understanding of their software asset expenditures, thus making it best suited for those looking to gain in-depth insights into their software investments.
Why I Picked USU:
In the vast world of IT asset management solutions, I selected USU after careful comparison and judgment. Its distinct focus on cost transparency for software assets truly differentiates it from other tools in the market. In my opinion, USU rises to the top for organizations that prioritize understanding where every dollar goes in their software investments, solidifying its position as the 'best for cost transparency in software assets.'
Standout Features & Integrations:
USU boasts robust features that automate the process of asset data collection and real-time audits, ensuring that every software cost is accounted for. Its reporting capabilities provide IT teams with detailed insights, thus simplifying the otherwise complex process of software asset management.
When it comes to integrations, USU efficiently collaborates with major software providers, including Microsoft and IBM, as well as a plethora of cloud-based and on-premises systems.
Pros and cons
Pros:
- Efficient automation of asset data collection
- Strong integrations with major software providers
- Detailed breakdown of software asset costs
Cons:
- Might require a learning curve for those new to software cost analysis tools
- Could be overwhelming for small businesses not focused on extensive software investments
- Pricing details might be more opaque for potential buyers
Other Software Asset Management Software
Below is a list of additional software asset management software that I shortlisted, but did not make it to the top. They are definitely worth checking out.
- Freshservice
Best for user-friendly asset lifecycle management
- ManageEngine Endpoint Central
Best for endpoint-centric asset tracking
- ManageEngine ServiceDesk Plus
Best for combined IT service and asset management
- SysAid
Good for IT service and asset management combination
- IBM License Metric Tool
Good for precise IBM software license tracking
- BMC Helix ITSM
Good for AI-driven service management
- Oomnitza
Good for integrating IT assets with other business systems
- Alloy Software
Good for comprehensive IT and non-IT asset management
- IFS Assyst
Good for IT operations and service management integration
- Ivanti Neurons for ITAM
Good for proactive IT asset insights and actions
- Snow Commander
Good for streamlined software asset lifecycle management
- ManageEngine Desktop Central
Good for unified endpoint management and security
- Eracent
Good for automated software license compliance
- License Dashboard
Good for comprehensive software license optimization
- SolarWinds Web Help Desk
Good for IT ticketing with asset management capabilities
Tackling the labyrinth of software asset management can be daunting, but I've been there and understand the challenges you face. A software asset management tool efficiently oversees and optimizes all software assets within an organization. With it, you unlock the potential to streamline operations, reduce costs, and ensure license compliance.
The main hurdles? Managing a myriad of software licenses, avoiding non-compliance penalties, and eliminating unnecessary software expenses. I've delved deep into various options to find the ones that genuinely address these pain points, and I believe you'll find the solutions you're seeking within this guide.
Selection Criteria for Software Asset Management Software
When it comes to software asset management (SAM) tools, it's vital to select one that aligns with the unique needs and challenges of your organization. Having evaluated dozens of SAM tools, I was particularly keen on understanding their core functionalities and the specific features that make them stand out. Here's a comprehensive breakdown of the criteria I prioritized during my evaluation:
Core Functionality
- Asset Discovery: Ability to automatically identify and catalog all software assets across your network.
- License Compliance Monitoring: Track and ensure that the organization is compliant with all software licensing agreements.
- Lifecycle Management: Oversee and manage the entire lifecycle of each software asset, from procurement to retirement.
- Audit & Reporting: Generate detailed reports and audits to track software usage, costs, and compliance status.
- Inventory Management: Maintain a detailed inventory of all software assets, including versions, licenses, and expiry dates.
Key Features
- Real-Time Monitoring: Get real-time insights into software usage, installations, and uninstallations.
- Mobile App Integration: Access software asset data and receive notifications on the go.
- Warranty Tracking: Monitor and manage warranties, ensuring you capitalize on them before they expire.
- Integration with Spreadsheets: Easily export and import data to and from spreadsheet tools for further analysis or backup.
- Role-Based Access Control: Ensure that only authorized personnel can make changes or access specific software asset data.
Usability
- Intuitive Dashboard: A SAM tool should feature a dashboard that presents all essential data at a glance, allowing for swift decision-making.
- Filtering & Tagging Interface: Given the vast number of software assets, an effective tagging and filtering system is essential for quick retrieval of specific data.
- Onboarding and Training: Comprehensive training resources, like a learning library or a guided onboarding process, are pivotal for complex SAM tools.
- Responsive Customer Support: Immediate assistance should be available, especially when dealing with compliance issues or potential security threats.
- Customizability: The interface should be adaptable, allowing organizations to prioritize the data and reports most relevant to them.
Remember, the best SAM tool for your organization might not be the most expensive or the most feature-rich. It's about finding the one that aligns best with your needs, budget, and the size of your organization.
More Asset Management Software Reviews
Summary
Navigating the realm of software asset management tools can be daunting, but understanding the critical criteria to consider simplifies the selection process. These tools play an essential role in ensuring compliance, efficient asset utilization, and cost optimization. As you delve into the world of SAM tools, here are three key takeaways to guide your decision:
- Align with core needs: Always prioritize a tool's core functionality—such as asset discovery, lifecycle management, and compliance monitoring—ensuring it aligns with your organization's specific requirements.
- Prioritize usability: The most effective tool is one that's intuitive and user-friendly. Features like an easy-to-navigate dashboard, comprehensive onboarding resources, and responsive customer support can make all the difference in your SAM journey.
- Consider key features for your use case: While many tools offer a plethora of features, discern which ones are crucial for your organization. Whether it's real-time monitoring, mobile app integration, or warranty tracking, select a tool that accentuates the features most pertinent to your operational needs.
With these insights in hand, you're well-equipped to make an informed decision, ensuring that the software asset management tool you choose is a strategic fit for your organization's unique landscape.
Most Common Questions Regarding Software Asset Management Software
What are the benefits of using the best software asset management tools?
Utilizing top-tier software asset management (SAM) tools can greatly benefit your organization. Here are five standout benefits:
- Cost Savings: SAM tools allow companies to monitor and optimize their software licenses, helping to prevent over-purchasing and ensuring that you’re not paying for unused software.
- Compliance Assurance: With SAM tools, organizations can regularly audit their software licenses to ensure they’re in compliance with licensing agreements, thereby avoiding hefty fines.
- Enhanced Productivity: These tools streamline software deployments, upgrades, and patches, ensuring that employees have the right software when they need it.
- Improved Security: SAM tools provide visibility into unauthorized or outdated software that might be vulnerable to security threats, enabling IT teams to mitigate risks.
- Asset Lifecycle Management: SAM solutions offer a holistic view of the software lifecycle, from procurement to end-of-life, facilitating better decision-making.
How much do these tools typically cost?
The pricing for SAM tools varies widely based on the features offered, the number of assets managed, and the brand’s reputation. Some tools charge per managed device or software title, while others may have a flat fee based on tiers of service or modules selected.
What are the common pricing models for SAM software?
There are several prevalent pricing models:
- Per Device/User: A fee is charged based on the number of devices or users.
- Tiered Pricing: As you select higher tiers with more features or capacity, the price increases.
- Feature-based Pricing: You’re charged based on the features or modules you choose to include.
- Subscription vs. One-Time Purchase: While many tools offer monthly or annual subscriptions, some might offer a one-time purchase option, though this is becoming less common.
What is the typical range of pricing for these tools?
Prices can range from as low as $5/user/month for more basic solutions to over $100/user/month for enterprise-grade solutions with advanced features.
Which are the cheapest and most expensive software asset management tools?
This often changes as companies adjust their pricing and release new products. Currently, tools like SolarWinds Web Help Desk are on the lower end of the pricing spectrum, while enterprise solutions like IBM License Metric Tool tend to be on the higher end.
Are there any free software asset management tools available?
Yes, several SAM tools offer free versions, though they might be limited in features or capacity. Some tools provide a freemium model where the basic functionality is free, but advanced features require payment. Always review the features and limitations of free versions to ensure they meet your needs.
What Do You Think?
While I've endeavored to provide a comprehensive overview of the best software asset management tools available, the tech landscape is ever-evolving. If you've come across a tool or solution that you believe deserves a mention or have firsthand experience with software that has brought significant value to your organization, I'd love to hear about it.
Your suggestions and insights not only benefit me but also my broader community of readers in search of the perfect fit for their needs. Please feel free to share in the comments or reach out directly.