Every business needs to keep track of its assets as it is required for a company’s regulatory compliance. Keeping accurate records of physical and digital assets also helps with resource planning efficiency. Manual asset management registers in organizations are a thing of the past.
When it comes to keeping track of a company’s assets, a variety of asset management apps are now available, which save time and improve efficiency.
In this article, we’ll go over everything there is to know about IT asset management tools.
IT asset management, also known as ITAM, is the process of ensuring that an organization’s assets are properly identified, deployed, maintained, upgraded, and disposed of.
Simply put, it is the process of ensuring that your organization’s valuable assets, both tangible and intangible, are tracked and used. An IT asset is anything that a company values, such as hardware, software, or information.
IT asset management is crucial to a business’s success. It centralizes the company’s financial, inventory, and contractual functions to support strategic decisions about the use and distribution of IT-related materials among employees.
Here are a few examples of ITAM’s significance.
It’s difficult to track and manage all of your hardware, software, virtual, and non-IT assets from a single location without a well-thought-out strategy and a well-defined process flow. As a result, implementing an IT asset management (ITAM) system is a wise decision.
It also provides you with a plethora of advantages, some of which are:
Snipe-IT is an online IT asset management software app that is open-source. The app comes with a slew of features that make inventory management a breeze. A summary of recent activity is displayed on the dashboard. The REST API can also be used to integrate the app with your own system.
Features
Pricing: $39.99/months
Auvik IT asset management tool can discover and distribute IT assets automatically. It provides visibility into every device’s connectivity as well as the network’s configuration. It has network visibility and IT asset management capabilities that can be automated.
Features
Pricing: Get quote plans, Essentials and performance.
Efficiently manage your IT assets with ManageEngine AssetExplorer, a user-friendly web-based IT Asset Management (ITAM) solution. This tool ensures a comprehensive approach from planning to disposal, offering seamless tracking of software and hardware assets, software license compliance, and purchase order management. Discover the benefits of unified agent asset discovery for Windows, Linux, and macOS assets, and make informed decisions throughout the IT lifecycle.
AssetExplorer simplifies IT asset inventory management, software license management, software asset management, purchase order management, asset life cycle management, asset tracking, and configuration management database.
Features:
Pricing:
Choose the edition that suits your needs, and experience seamless IT asset management with AssetExplorer.
Asset Panda IT asset management software can be used to manage both physical and digital assets. Creating workflows and actions will help you automate the asset management process.
Features
Pricing: Asset panda’s pricing information is provided by the software provider or gleaned from publicly available pricing materials.
Spiceworks IT Asset Management software allows you to keep track of the hardware and software on your network. All types of network devices, such as switches, routers, gateways, and others, can be monitored. The software will detect assets on the network automatically, categorize them, and generate a detailed report.
Features
Pricing: Free
Freshservice – IT asset management software
Freshservice is an online IT asset management tool that can assist you in keeping track of your hardware, software, contracts, and other assets. Assets can be categorized by location, creator, date of creation, and asset type. You can track assets as they progress through different stages and even get a quick timeline.
Features
Pricing: $19 to $99 per user per month.
ManageEngine Asset Explorer is a web-based IT asset management tool that aids in the monitoring and management of your network’s assets from planning to execution. Asset Explorer gives you a variety of options for discovering all of the assets in your network. You can track purchase orders and contracts, manage software and hardware assets, and ensure software license compliance.
Features
Pricing: Free Edition: Fully functional, restricted to 25 nodes. Professional bundle starts at $955/year for 250 IT assets annually.
Ninja One – IT asset management software
NinjaOne IT asset management software provides a risk-free trial of their software. Ninja is sold on a per-device basis, with prices varying depending on the features required. Managed service providers (MSPs) and IT professionals can benefit from NinjaOne’s powerful and intuitive server management software. Ninja includes tools for monitoring, managing, securing, and improving all of your network devices, including Windows servers, workstations, and laptops, as well as macOS devices.
Features
Pricing- Starter: $39 per month, Pro bundle starts at $79 per month, and Business bundle starts at $124 per month.
Nifty – IT asset management tools
Nifty is a collaboration hub that provides visual project management, allowing IT teams to see their workflows in real-time. nifty access to longer-term, schedule-driven implementations, as well as nimble workflows like ticket management that can be automated and measured after the fact. Nifty is the tool that your team will rally around, whether you’re looking to manage a process or speed up resolutions.
Features
Pricing: $39/month for up to 10 team members, Pro bundle starts at $79/month for up to 20 team members, Business bundle starts at $124/month for up to 50 team members, and Enterprise bundle starts at $399/month for unlimited team members
Asset Cloud is a multi-purpose IT asset management software application. You can use the app to manage both physical and digital assets. Pre-built reports can be generated to keep track of overdue checkouts, warranties, scheduled maintenance, and more.
Features
Pricing
Basic- $46/month
Plus- $75/month
Complete- $115/month
GoCodes is a powerful IT asset management program. Custom fields, QR codes, audits, excel imports and exports, GPS tracking, maintenance, APIs, reports, analytics, and inventory management are all supported in the free version of the software. If you want advanced features like a company URL, data backups, recurring services, asset stock transfers, and advanced access control, you can upgrade to the paid version.
Features
Pricing
Standard – $459/annually
Premium- $810/annually
Premium elite- $1,500/annually
Professional – $2,160/annually
Invgate Insights- IT asset management software
InvGate Insights is an amazing asset management software. The software enables the discovery and management of IT assets. By compiling asset information from network discovery data and third-party sources, you can create a single repository of assets.
Features
Pricing- Free trial, quotation-based.
Ivanti is a IT asset management software system that allows you to inventory and manage your computers remotely. It can generate reports on installed software and hardware, provide remote support, and apply security patches.
Features
Pricing- $50/annually
SolarWinds Service Desk includes a fully integrated IT asset management software suite that combines powerful tools and capabilities into a single, web-based platform. Computers, servers, laptops, mobile devices, networking equipment, and virtually any other technology asset can be tracked as part of your organization’s hardware and software inventory.
Features
Pricing
Business- $19/month
Professional- $39/month
Enterprise- $89/month
IT Asset management is adapting as IT continues to evolve, with more reliance on SaaS vendors for critical services, and it’s necessary to track changes in increasingly dynamic cloud environments. It’s critical that you select the tools that will allow you to collaborate effectively and support your service management practice.
Each organization is distinct from the others. It’s possible that you’ll have to map out complex dependencies across an organization. To reduce risk, intangible assets such as licenses and compliance documents should be tracked. Perhaps your needs are more straightforward, such as keeping track of a computer inventory.
Choose software that meets your company’s needs after careful consideration and thorough research. Before you buy any software, make sure to read the online reviews and ratings.
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