Best IT Asset Management Software: Our Top 12 Picks

Asset management software comes in many forms and caters to all types of businesses. 

Some, for example, are mainly geared toward large enterprises that are experiencing mega growth, while others are designed for small to mid-sized businesses or global workforces with distributed employees. 

With that said, here are the best 12 asset management solutions, with their standout features and benefits. 

1. allwhere

allwhere is built to help you take control of your IT assets and allows you to manage your entire inventory with just a few clicks. 

If you’re looking for smart, simple IT asset management software that lets you monitor your catalog at a glance and optimize the asset lifecycle from start to finish, you’ll likely be interested in allwhere. 

With it, you can conveniently sync new items like monitors, laptops, mobile devices,  accessories, and order new devices when needed. You can see exactly which employee has what device, what the location is, when an asset is in transit, and when it’s in storage.

allwhere offers easy filtering, where you can filter assets to see what’s already been deployed and what’s currently being used. And when it comes time for an asset to be retrieved for repair, recycling, or reselling, you can initiate those actions directly from the platform as well.

For assets that have reached the end of the IT lifecycle, allwhere offers a secure laptop retrieval service, as well as retrieval for monitors, peripherals, mobile devices, specialty equipment, and more. 

Everything is done through a single, user-friendly dashboard, and allwhere caters to global companies with workers spread out all over the world. 

And because we use a pay-as-you-go model with no platform fees, you can get the exact asset management system you need to boost operational efficiency without overspending.

2. SolarWinds

The main selling point of SolarWinds is that it provides organizations with a single, web-based platform to gain full transparency of their hardware and software assets to optimize asset utilization and overall efficiency. 

With SolarWinds’ management tools, you can see the big picture of how your IT assets are being used, including getting asset data on hardware and software usage. 

You can also analyze self-service patterns and potential areas for improvement, while simultaneously increasing the security of your hardware and cloud assets. 

If you want asset management software that’s fully equipped to manage physical assets, as well as software, licenses, and contracts for comprehensive asset lifecycle management, this is a platform to consider.

3. ManageEngine AssetExplorer

“The essentials of enterprise IT asset management on a single platform. Gain complete visibility and control over your IT assets, from purchase to expiration.” This is the tagline for ManageEngine AssetExplorer.

They focus on helping companies achieve better ROI and easier IT asset management compliance by providing all of the essentials on an easy-to-use platform. 

Here are some of the core features:

• Automated asset discovery
• Real-time asset tracking
• Configuration management
• Asset auto-assignment
• Software usage monitoring
• License-compliance monitoring
• Automations for quicker workflows
• Robust, visual-driven reporting

And like Invgate Asset Management and Jira Service Management, ManageEngine bridges ITAM with IT service management. If you’re a fan of Invgate Assets, Invgate Insight, or Jira Service Management, there’s a good chance you’ll like ManageEngine as well. 

4. MMSoft Pulseway

With MMSoft Pulseway, there’s a heavy emphasis on swiftly detecting and troubleshooting issues on IT devices and networks without always relying on human IT staff. 

It features a sophisticated mobile app that lets you monitor and control IT assets anywhere in the world without any heavy lifting. 

Rather than requiring a drain on human resources, this asset management software performs real-time monitoring around the clock, so issues are immediately brought to your attention. 

Besides monitoring and alerting, MMSoft Pulseway offers remote control and patch management so you can resolve issues regardless of your location. 

And by leveraging cutting-edge AI, you can use auto-remediation to drastically reduce downtime and free up resources. 

5. Ivanti IT Asset Management Suite

Like most other asset management software solutions on this list, Ivanti IT Asset Management Suite zeroes in on providing maximum visibility of every single asset in your inventory. 

But what separates this platform from some others is its level of thoroughness, as it covers “hardware, server, client, virtual, cloud, and software assets from purchase to disposal.”

Key features include lifecycle management tracking, a detailed asset usage repository, product catalog monitoring, help managing software licenses, vendor management, maintenance management, contract tracking, and comprehensive reporting. 

Ivanti is also big on automation and allows you to perform many tasks, like reconciliation and normalization, without the need for human intervention. 

6. ServiceNow

If you’re looking for the full spectrum of IT asset management under one roof, you’ll likely be interested in ServiceNow. 

It runs the gamut with software asset management, asset inventory management, enterprise asset management, contract and renewal management, SaaS license management, and more. 

And while many platforms have integrations, ServiceNow Asset Management has some of the best integration capabilties of any tool on this list.  

Regardless of the use case, ServiceNow IT Asset Management aims to automate and streamline the IT lifecycle at all stages, while helping you increase your ROI and reduce risks. 

7. SysAid

Of all the asset management software platforms on this list, SysAid is the most AI-centric. Their main goal is to provide you with AI agents that handle the majority of asset management tasks to free up your time so you can tackle more pressing areas of business. 

SysAid’s AI agents perform real-time monitoring to ensure nothing is missed, flag license and compliance issues for quick resolution, and offer intelligent recommendations to make your workflows more efficient. 

If you like the idea of AI agents doing the heavy-lifting, SysAid should definitely be on your radar.

8. IBM Maximo Asset Management

When it comes to enterprise asset management software, this is an excellent tool with a ton of firepower. 

In their own words, the “IBM Maximo Application Suite is the industry-leading enterprise management solution for managing critical assets, reducing downtime, and improving operational efficiency.”

Here, you get detailed end-to-end asset tracking of IT assets, asset data for full-scale optimization, assistance with compliance and decision-making, updates for software licenses, automated scheduling and approvals, real-time updates, and much more. 

If you want a truly heavyweight enterprise asset management tool, this is it. 

9. Sapphire

The primary goal of this tool is to enable businesses to streamline asset discovery and be 100% compliant, while staying on top of security every step of the way. 

To accomplish this, Sapphire continually gathers real-time data, so you know what you have, who has what asset, and any potential compliance issues you may be facing. 

For security, this tool offers features like vulnerability assessments, device control, and patch management to stay one step ahead of threats. 

10. Miradore

This ITAM software refers to itself as the most flexible asset management solution. That’s because it supports a wide range of hardware and software, supports multiple operating systems, and can be used by larger enterprises and IT service providers. 

From deployment to full-scale asset management to patch management to reporting, Miradore checks all of the boxes, which is ideal for companies that are seeking simplicity and scalability.

11. Asset Panda

At the end of the day, a quality asset management solution should help you save time so that you can devote that time to more important areas of business. And that’s exactly what Asset Panda does.

This tool is all about turning hours of time spent on asset tracking into minutes, while neatly organizing your asset data so that it’s clean and uncluttered. 

Use Asset Panda to sync your entire tech stack to keep your team on the same page, while reducing costs.

12. Flexera

Our final tool, Flexera, is built to help companies “move beyond workflows” and simplify the complexities of managing IT assets. 

This asset management solution serves as a one-stop shop for managing every fixed asset, software platforms, and their specialty — software licenses. 

It can help you drastically reduce manual work, prevent audits, and make better decisions. And by leveraging the accurate data generated by Flexera, you should be in a position to make more favorable vendor negotiations in the future.