Best IT Asset Management Software for 2023

Best IT Asset Management Software for 2023

IT property are software program, {hardware} or cloud assets that assist companies run their operations. Managing these property effectively is essential for optimizing productiveness, lowering prices and making certain compliance with varied rules. Fortuitously, there are IT asset administration options out there for that.

IT asset administration software program offers a unified snapshot of IT property for higher visibility, danger discount and environment friendly and strategic IT spending. In the event you’re looking out for an ITAM answer, listed here are the perfect choices in 2023.

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IT asset administration software program comparability

Software program Automated asset discovery Contract administration Barcode and QR code asset tagging Deployment choices Pricing
Asset Panda Sure Sure Sure Cloud Contact the seller for a quote
SysAid Sure Sure Sure Cloud or On-premises Contact the seller for a quote
Freshservice Sure Sure No Cloud Begins at $19 per agent per thirty days
UpKeep Sure Sure Sure Cloud Begins at $45 per thirty days per consumer
ManageEngine AssetExplorer Sure Sure No Cloud and On-premises Contact the seller for a quote
ManageEngine AssetExplorer Sure Sure Sure Cloud Contact the seller for a quote
GoCodes Sure Sure Sure Cloud Begins at $500 per yr for 200 amount property and three customers.
Ivanti Neurons Sure Sure Sure Cloud Contact the seller for a quote

Asset Panda: Greatest for permitting limitless customers

Asset Panda is an asset administration software that may observe something, together with IT property. Asset Panda takes a versatile method to asset administration, enabling groups to custom-tailor the platform to suit their particular wants (Determine A). Asset Panda additionally offers entry to limitless customers. Anybody who should observe IT property has the flexibility to take action in a single centralized location.

Determine A

Asset Panda limitless consumer dashboard. Picture: Asset Panda


Contact the seller for a quote.

Key Options

  • Simple-to-use interface for centralized IT asset administration.
  • Cellular app for monitoring and updating IT asset knowledge from any cellular machine.
  • Notifications and alerts for required repairs and different occasions.
  • Upkeep monitoring capabilities from request to success.
  • Barcode and QR Code Scanning.


  • Cellular accessibility.
  • Limitless customers.
  • Simple onboarding of property and groups.
  • Demo is offered on the positioning for a simple understanding of how the software works.
  • Helps limitless customers.


  • The cellular app has restricted performance in comparison with the online platform.
  • Inadequate pricing data.

SysAid: Greatest for ticket automation

SysAid is a supplier that gives every part from a strong IT service desk to full IT asset administration. SysAid’s asset administration instruments are constructed to suit proper into any service desk to spice up effectivity and enhance visibility.

For instance, IT groups can profit from stock administration, together with assist for {hardware} and software program property. Different notable options embrace the flexibility to arrange {custom} monitoring and obtain real-time alerts (Determine B).

Determine B

SysAid configuration management database dashboard.
SysAid configuration administration database dashboard. Picture: SysAid


Contact the seller for pricing.

Key Options

  • Full IT asset administration for bodily and digital property.
  • Automated IT challenge identification with real-time alerts and notifications.
  • A whole lot of app and software program integrations.
  • Simplified stock growth by means of configuration administration database capabilities.


  • Monitor and get real-time alerts.
  • Granular degree alerting for adjustments in CPU, community tools, reminiscence utilization and extra.
  • Mechanically imports knowledge into configuration administration database.
  • Automates IT Problem Identification.


  • Requires private data to get pricing data.
  • The UI might be improved.

Freshservice: Greatest for clever alerting system

Freshservice by Freshworks is a full-service suite of IT asset administration instruments. A trademark characteristic of Freshservice is the platform’s automated discovery capabilities. Utilizing the software’s Discovery Probe, IT groups can shortly scan all IT property in real-time to replace asset knowledge (Determine C). These discovery options work with all forms of property, from {hardware} to digital machines.

Determine C

Freshservice software assets view.
Freshservice software program property view. Picture: Freshworks

Freshservice additionally provides options comparable to relationship mapping, full asset life cycle administration, contract administration and built-in software-as-a-service administration.


Freshwork’s IT administration pricing is captured beneath its Freshservice and comes with a 14-day free trial throughout all costs. Pricing is categorized into 4 ranges:

  • Starter: Begins at $19 per agent per thirty days.
  • Development: Begins at $49 per agent per thirty days.
  • Professional: Begins at $98 per agent per thirty days.
  • Enterprise: Begins at $119 per agent per thirty days.

Key Options

  • Automated discovery capabilities for monitoring and analyzing all IT property
  • A whole lot of app integrations, together with Jamf, VMware and extra
  • SaaS administration for automating actions throughout SaaS platforms
  • Asset administration instruments from deployment to retirement
  • License administration functionality.
  • Integration with generative AI.


  • Helps clever alert administration guidelines.
  • Cellular accessibility.
  • Provides free trial.
  •  Constructed-in ticketing system to trace IT assist and repair requests


  • Pricing may very well be pricey for small companies.
  • Some customers complain that the UI will not be intuitive sufficient.

SEE: Freshservice can be thought-about a high challenge administration ticketing system.

UpKeep: Greatest for operations group

UpKeep is totally different from the opposite platforms on this checklist in that it combines computerized upkeep administration system, enterprise asset administration and software efficiency administration capabilities into one answer. By UpKeep’s Asset Operations Administration Platform, groups can monitor asset upkeep, handle property all through their life cycles and enhance asset efficiency (Determine D).

Determine D

UpKeep operations management workflow.
UpKeep operations administration workflow. Picture: UpKeep

UpKeep’s distinctive capabilities make the platform a terrific selection for IT groups in technical industries comparable to manufacturing, authorities, fleet administration and utilities. Plus, UpKeep is a mobile-first platform, enabling groups to trace and handle their property from wherever.


UpKeep provides three pricing plans with a 14-day free trial.

  • Starter: Begins at $45 per thirty days per consumer.
  • Skilled: Begins at $75 per thirty days per consumer.
  • Enterprise Plus: Contact the seller for a quote.

Key Options

  • Centralized platform for CMMS, EAM and APM wants
  • Enterprise intelligence dashboard for monitoring prices and different asset knowledge
  • Web of Issues wi-fi sensor capabilities by means of UpKeep Edge
  • App integrations to centralize all the tech stack
  • Constructed-in reporting and analytics.


  • Provides a free trial.
  • Helps preventive upkeep.
  • Good studying curve and correct documentation.
  • Availability of demo.
  • Cellular accessibility.
  • Provides a studying heart for simple studying.


  • Asset Downtime Monitoring is just out there on the Enterprise Plus plan.
  • Pricing might not be appropriate for small organizations.
  • Customized Dashboard assist is just out there on the Enterprise Plus plan.

ManageEngine AssetExplorer: Greatest for IT asset life cycle administration

ManageEngine’s AssetExplorer is a web-based, end-to-end asset administration software. AssetExplorer allows groups to handle IT property, together with {hardware} and software program, from deployment to retirement.

A key characteristic of AssetExplorer is the built-in software program license administration instruments. Groups can handle all forms of licenses, together with particular person licenses, unique tools producer licenses and enterprise licenses (Determine E). In consequence, IT groups can guarantee license compliance.

Determine E

AssetExplore assets compliance flash chart.
AssetExplore property compliance flash chart. Picture: ManageEngine

Different capabilities embrace IT asset stock administration, software program asset administration, CMDB and buy order administration. AssetExplorer is totally different from different choices on this checklist, because the platform provides a free version that can be utilized by groups with fewer property.


Though no particular pricing is offered on the seller’s web site, AssetExplorer is offered in three editions.

  • Free: This can be a free version of the software program that’s restricted to 25 nodes.
  • Trial: This version comes with all performance however is just legitimate for the trial interval.
  • Skilled: This model of the license is legitimate till the license expires.

Key Options

  • Full IT asset administration capabilities, together with life cycle and stock administration
  • Centralized repository of all configuration gadgets by way of CMDB capabilities
  • Constructed-in studies and customised reporting capabilities
  • Cellular capabilities for managing property on-the-go
  • Auto-discovery capabilities
  • Free model out there.


  • Cross-platform compatibility – Home windows, Linux and macOS property.
  • Helps software program license compliance.
  • Helps Buy Orders and Contracts monitoring.
  • IT Asset lifecycle administration.
  • Helps cellular apps for each iOS and Android.


  • Poor consumer interface.
  • Lacks enough license data.

ServiceNow: Greatest for automating software program licensing

ServiceNow is a platform utilized by IT groups to attach all IT workflows, from service administration to portfolio administration. ServiceNow’s IT Asset Administration answer allows IT groups to automate the life cycle of software program, {hardware} and cloud-based property. Constructed-in capabilities embrace every part from {hardware} asset administration to IT asset offboarding and past.

These capabilities are constructed on ServiceNow’s Now Platform, which allows IT groups to make use of one centralized supply for all property. Plus, groups can automate their asset administration workflows utilizing built-in, no-code playbooks.

ServiceNow integrates with a variety of different apps and providers to assist IT groups enhance effectivity. Examples of present integrations embrace Jamf, Microsoft and IBM.

Determine F

Servicenow 360 view of asset estate.
Servicenow 360 view of asset property. Picture: Servicenow


Contact the seller for a quote.

Key Options

  • Full IT asset administration, together with {hardware} administration and software program administration
  • Cloud-based asset administration capabilities
  • {Hardware}-specific options, together with asset stock audit capabilities and a hardware-specific dashboard
  • SaaS license administration, together with a SaaS-specific dashboard and software program spend detection capabilities
  • Asset onboarding and offboarding capabilities


  • Workflow automation.
  • Single knowledge mannequin that removes IT data silos.
  • Simple studying curve.
  • Threat scoring performance to know the property in danger and to what diploma.


  • No pricing particulars.
  • Absence of free trial.

SEE: Discover how ServiceNow compares to Jira Service Administration.

GoCodes: Greatest for {hardware} monitoring

GoCodes’ asset monitoring answer offers {custom} QR code monitoring for every part from desktop computer systems to routers and past. Groups can use the cellular scanning app to finish asset-specific duties from wherever (Determine G).

Determine G

GoCodes Offline dashboard.
GoCodes Offline dashboard. Picture: GoCodes

GoCodes additionally options sturdy reporting and analytics instruments so groups can see in-depth knowledge about their property in real-time. Customers can make the most of the built-in check-in/check-out answer to examine IT tools out when essential to simplify collaboration and monitoring.


GoCodes provides a five-level pricing tier with a 15-day free trial:

  • Normal: Begins at $500 per yr for 200 amount property and three customers.
  • Premium: Begins at $1,000 per yr for 500 amount property and 5 customers.
  • Premium Elite: Begins at $1,750 per yr for 1,000 amount property and 10 customers.
  • Skilled: Begins at $2500 per yr for two,000 amount property and 20 customers.
  • Enterprise: Helps over 2,000 property and greater than 20 customers. Requires you to contact the seller for a quote.

Key Options

  • Customized QR code labels and computerized GPS monitoring.
  • Absolutely custom-made reporting and analytics.
  • Stock administration instruments.
  • Audit historical past logging.
  • Asset upkeep monitoring.
  • Cellular asset monitoring capabilities, together with cellular scanning.


  • Provides Patented QR code.
  • It may well run on-line or offline.
  • Helps dwell monitoring with Bluetooth.
  • Customizable report.
  • Availability of cellular app.


  • Restricted automation.
  • Poor consumer interface.

Ivanti Neurons: Greatest for automated asset discovery

Ivanti is a full-service IT asset administration platform providing options for locating, managing, securing and servicing all IT units. Ivanti Neurons for ITAM is an answer that permits IT groups to trace {hardware} and software program in addition to on-premises and cloud-based units utilizing a centralized database (Determine H).

Determine H

Ivanti Neurons dashboard.
Ivanti Neurons dashboard. Picture: Ivanti

The answer additionally options real-time discovery, life cycle monitoring, barcode scanning and extra. Plus, groups have entry to extra sturdy instruments comparable to vendor administration and automation.

Key Options

  • Asset repository for monitoring asset knowledge.
  • Cellular capabilities comparable to barcode scanning and distant asset administration by way of the cellular app.
  • Life cycle monitoring from preliminary procurement to last retirement.
  • Contract and vendor administration instruments.


  • Actual-time asset discovery.
  • Automated reconciliation and normalization of asset repositories.
  • Availability by way of a cellular app.
  • Value and contract visibility.
  • Barcode scanning assist.


  • Software program License Administration might be complicated.
  • There is no such thing as a pricing data.

Key options of IT asset administration software program

Asset monitoring

Whereas asset monitoring and asset administration are sometimes used interchangeably, asset monitoring is barely totally different. Asset monitoring usually refers back to the monitoring of bodily property comparable to computer systems and Web of Issues units utilizing barcodes, RFID tags or GPS. Nevertheless, many ITAM platforms will allow IT groups to trace software program property too.

Actual-time monitoring

Actual-time monitoring of property ensures IT groups can hold a continuing eye on all bodily and digital property. For instance, IT groups can see which property are in want of restore and which of them are being utilized or underutilized at any given second.

Actual-time monitoring may even assist groups mitigate potential safety dangers quick, and groups can use monitoring instruments to trace misplaced or stolen units to help within the restoration course of.

SEE: Learn to scale back prices and danger with IT asset administration techniques.

Actual-time monitoring can be a crucial characteristic for at the moment’s distant workforce. Some IT asset administration platforms supply cellular capabilities, so groups can keep related to their property from wherever.

Life cycle administration

Managing an asset’s life cycle from deployment to retirement is an advanced course of. Nevertheless, it’s crucial for making certain property are correctly up to date and maintained. IT asset administration software program will embrace instruments for each step of the asset life cycle. Higher but, life cycle administration is automated by the software program, eradicating the tedious course of from the IT group’s plate.

Alerts and notifications

IT asset administration software program has the flexibility to alert IT employees when points happen inside {hardware} or software program. For instance, IT employees can obtain notifications when potential safety threats are detected or when a pc goes offline.

Because of the real-time monitoring and AI capabilities of recent platforms, IT employees may even obtain notifications when the system detects points that will result in future upkeep wants. For instance, they are often alerted if the system detects a pc that’s lagging or elevated community site visitors.


IT groups use a ton of tech instruments every day. IT asset administration software program integrates with these instruments seamlessly to offer a centralized view of all property, each bodily and digital. As such, the asset administration software program chosen ought to combine with the corporate’s IT assist desk or ticketing software program.


Whereas many IT asset administration platforms embrace sturdy, real-time analytics dashboards, studies are nonetheless essential for varied duties, from taking stock to budgeting. IT asset administration platforms usually include built-in studies groups can pull that dive into every part from asset utilization to worker productiveness. Many of those instruments will supply report customization instruments so IT groups can create studies utilizing the knowledge they want.

How do I select the perfect IT Belongings Administration Software program for my Enterprise?

A variety of elements come to thoughts when contemplating the perfect IT property administration answer for your online business. Begin by understanding your group’s particular wants and targets for IT asset administration, contemplating elements like the scale of your group, the forms of property it is advisable handle and any compliance necessities that will apply.

  • Options and performance: Key options to search for embrace asset discovery and stock administration, license administration and compliance monitoring, integration with different IT techniques, reporting and analytics, and cellular entry for on-the-go monitoring.
  • Safety and compliance: Verify for safety features, like encryption, entry controls and audit trails; compliance with related trade rules and requirements; and knowledge privateness options, comparable to knowledge anonymization and consent administration.
  • Ease of use: Verify the consumer interface for intuitiveness, user-friendliness and customizability, and consider the provision of onboarding and coaching assets, comparable to guides and documentation that simplify the method, offered by the seller.


On this evaluate, we carried out in depth analysis on the best-performing ITAM answer out there and narrowed our checklist to those eight primarily based on some parameters: options and functionalities, ease of use, recognition within the ITAM market, and price.

We learn by means of the documentation offered by every vendor to study their options and gathered the opinions of customers on every answer from dependable evaluate web sites. This method helped us type a balanced illustration of every software program on this evaluate.

Learn subsequent: If IT asset administration isn’t fairly what you’re in search of, try these different forms of IT administration software program.


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