Asset Panda Alternatives: Top 15 Asset Management Software Solutions Compared

May 2, 2025
4:57 pm

7 min read

Managing assets like equipment, tools, or IT hardware is a big job for any business. Asset Panda is a popular choice for asset management, thanks to its cloud-based platform, barcode scanning, and mobile app. But it’s not the only option out there. Some businesses need different features, better pricing, or a simpler interface. In this blog, we’ll explore 15 top Asset Panda alternatives, starting with Asset Management 365, and compare their features, pros, cons, and pricing to help you pick the best one for your needs. We’ll also dive into why you might want to look beyond Asset Panda and answer common questions about choosing asset management software.

Why Look for Asset Panda Alternatives?

Asset Panda is great for many companies, but it has some limitations. For example, its pricing can be high for small businesses, and some users find its dashboard tricky to navigate. Customization options can also feel limited, and customer support response times have been criticized. If these issues sound familiar, or if you just want to explore other tools, here are 15 alternatives that might work better for you.

Top 15 Asset Panda Alternatives

Asset Management 365

Overview: Asset Management 365 is a cloud-based platform designed for businesses of all sizes. It integrates seamlessly with Microsoft 365, making it a top choice for companies already using Microsoft tools.

Key Features: Barcode and QR code scanning, real-time tracking, automated reporting, Microsoft 365 integration, and customizable workflows.

Pros: Easy to use, great for Microsoft 365 users, scalable, and offers robust reporting.

Cons: Limited integrations outside Microsoft ecosystem, may require training for non-Microsoft users.

Best For: Businesses using Microsoft 365 looking for a seamless, scalable solution.

EZOfficeInventory

Overview: EZOfficeInventory is a cloud-based tool focused on simplicity and affordability, ideal for small to medium-sized businesses.

Key Features: Asset tracking, depreciation calculations, work order management, and mobile app access.

Pros: User-friendly, affordable, unlimited users, and highly customizable.

Cons: Advanced features require higher plans, less suited for complex enterprise needs.

Best For: Small businesses needing a cost-effective, easy-to-use tool.

UpKeep

Overview: UpKeep is a mobile-first maintenance and asset management platform, great for teams on the go.

Key Features: Work order management, preventive maintenance, barcode scanning, and real-time analytics.

Pros: Mobile-friendly, intuitive interface, strong customer support.

Cons: Limited customization, higher pricing for advanced features.

Best For: Field service teams and maintenance-focused businesses.

Asset Infinity

Overview: Asset Infinity offers a full lifecycle asset management solution with a focus on ease of use.

Key Features: Barcode/QR code tracking, RFID support, mobile app, and compliance tools.

Pros: Affordable, versatile tracking methods, good for small teams.

Cons: Reporting features could be more robust, occasional slow mobile app.

Best For: Startups and small businesses with diverse asset types.

Limble CMMS

Overview: Limble is a scalable CMMS (Computerized Maintenance Management System) with strong asset management features.

Key Features: Preventive maintenance, work orders, inventory tracking, and advanced reporting.

Pros: Scalable, great for automation, excellent customer support.

Cons: Can be complex for beginners, higher cost for small teams.

Best For: Medium to large businesses needing maintenance automation.

Freshservice

Overview: Freshservice is an IT service management tool with robust asset management capabilities.

Key Features: IT asset tracking, ticketing, SaaS management, and integrations with Azure and Okta.

Pros: Great for IT teams, modern interface, strong integrations.

Cons: Not ideal for non-IT assets, steeper learning curve.

Best For: IT departments managing software and hardware.

InvGate Asset Management

Overview: InvGate simplifies IT asset onboarding and management with a focus on automation.

Key Features: Network discovery, software license tracking, and automated workflows.

Pros: Easy setup, strong IT focus, good for remote teams.

Cons: Limited non-IT asset support, fewer mobile features.

Best For: IT-focused businesses with remote workforces.

MaintainX

Overview: MaintainX is a mobile-first platform for managing physical assets and maintenance tasks.

Key Features: Work orders, preventive maintenance, asset tracking, and ERP integrations.

Pros: Mobile-friendly, affordable, great for small teams.

Cons: Limited advanced reporting, not ideal for complex enterprises.

Best For: Small businesses with physical equipment.

Lansweeper

Overview: Lansweeper is an IT asset management tool with powerful network discovery features.

Key Features: Device scanning, software tracking, and centralized inventory.

Pros: Excellent for IT assets, no agents required, scalable.

Cons: Complex setup, not suited for non-IT assets.

Best For: Large organizations with extensive IT networks.

ServiceNow Asset Management

Overview: ServiceNow offers enterprise-grade asset management with deep integration capabilities.

Key Features: Lifecycle management, financial tracking, and automation workflows.

Pros: Highly customizable, great for large enterprises, strong support.

Cons: Expensive, complex setup, overkill for small businesses.

Pricing: Custom pricing, contact for quote.

Best For: Large enterprises with complex needs.

Zluri

Overview: Zluri is a SaaS and IT asset management platform focused on cost optimization.

Key Features: SaaS tracking, license management, and real-time analytics.

Pros: Great for SaaS-heavy businesses, user-friendly, cost-effective.

Cons: Limited physical asset tracking, newer platform.

Best For: SaaS-focused businesses.

GoCodes Asset Management

Overview: GoCodes is a simple, cloud-based tool for tracking physical assets.

Key Features: QR code tracking, GPS location, and maintenance scheduling.

Pros: Easy to use, affordable, good for small teams.

Cons: Limited integrations, basic reporting.
Best For: Small businesses with physical assets.

Asset Essentials by Brightly

Overview: Asset Essentials is a CMMS with strong asset management and maintenance features.

Key Features: Work order management, asset tracking, and compliance tools.

Pros: Scalable, great for facilities management, user-friendly.

Cons: Higher cost for small businesses, limited IT focus.

Best For: Facilities and maintenance teams.

Sage Fixed Assets

Overview: Sage Fixed Assets is designed for tracking and depreciating fixed assets.

Key Features: Depreciation calculations, compliance reporting, and asset tracking.

Pros: Strong financial tools, great for accounting teams, reliable.

Cons: Less focus on physical tracking, dated interface.

Pricing: Custom pricing, contact for quote.

Best For: Businesses needing financial asset management.

Hector

Overview: Hector is a web-based asset management tool with advanced tracking features.

Key Features: Barcode/QR code tracking, repair tracking, and Azure integration.

Pros: Comprehensive features, scalable, good support.

Cons: Mobile app could improve, setup can be complex.

Best For: Businesses needing detailed asset lifecycle tracking.

How to Choose the Right Asset Management Software

Picking the best software depends on your business needs. Here’s a step-by-step guide to help you decide:

Identify Your Needs: Do you need IT asset tracking, physical asset management, or both? Are maintenance features important? List your must-have features.

Set a Budget: Determine how much you can spend. Small businesses might prefer affordable options, while enterprises can consider more robust solutions for large-scale needs.

Check Integrations: Ensure the software works with your existing tools (e.g., Microsoft 365, QuickBooks, or Salesforce). It’s important to pick software that can integrate smoothly with your current systems.

Test Usability: Sign up for free trials to test the interface. This helps you understand the user experience before committing to a long-term solution.

Read Reviews: Check user reviews on trusted platforms to see what others say about ease of use, support, and reliability.

Plan for Scalability: Choose a tool that can grow with your business. Make sure it supports increasing demands and expanding operations.

Evaluate Support: Look for tools with strong customer support, so you can rely on timely assistance when issues arise.

Challenges of Switching to an Alternative

Switching from one asset management tool to another can come with challenges, but here’s how to handle them:

Data Migration: Moving asset data can be time-consuming. Many alternatives offer import tools for CSV or Excel files. Work with your IT team to ensure a smooth transfer.

Training: New software means learning a new system. Choose user-friendly tools to reduce the learning curve, and use vendor-provided training resources.

Cost: Some alternatives may come with higher costs. Compare pricing plans and factor in long-term savings from better features or efficiency.

Integration: Ensure the new tool integrates with your existing systems. Look for solutions that integrate well with your current software, especially for tools already in use across your organization.

Tips for a Successful Transition

To make the switch to a new asset management tool smooth, follow these tips:

Plan Ahead: Create a timeline for migration, training, and testing. Assign a project manager to oversee the process.

Start Small: Test the new software with a small group of assets or users before rolling it out company-wide.

Use Support: Take advantage of vendor support during setup to ensure a smooth transition.

Monitor Progress: After switching, track key metrics like asset tracking accuracy or time saved to ensure the new tool meets your goals.
Train Your Team: Provide training sessions or video tutorials to help employees get comfortable with the new tool.

The Future of Asset Management Software

Asset management software is evolving fast. Here are some trends to watch:

AI and Automation: Tools are integrating AI to predict maintenance needs and automate workflows, saving time and reducing errors.

IoT Integration: Internet of Things (IoT) devices are being used to track assets in real-time, enhancing visibility and control.

SaaS Management: With the rise of cloud software, some tools are focusing on tracking SaaS subscriptions alongside physical assets.

Mobile-First Design: Many platforms now prioritize mobile apps, making it easier for teams to manage assets on the go.

Sustainability: New features are being added to track asset lifecycle and disposal, supporting eco-friendly practices.

Choosing a tool that aligns with these trends can future-proof your asset management strategy.

Conclusion

Whether you need a cheaper option, better customization, or specific features like maintenance or SaaS tracking, there’s an alternative out there for you. Asset Management 365 is a great starting point, especially for Microsoft 365 users. By evaluating your requirements, testing free trials, and comparing features, you can find the perfect tool to streamline your asset management.

Ready to explore these alternatives? Sign up for a free trial of Asset Management 365 today and see if it fits your business needs!

Frequently Asked Questions

What are the best alternatives to Asset Panda?

Top alternatives include Asset Management 365, EZOfficeInventory, UpKeep, Asset Infinity, and Limble CMMS. Each offers unique features like affordability, ease of use, or maintenance tools, depending on your needs.

What is the best asset tracking software?

Asset Management 365 – Ideal for Microsoft 365 users, offering seamless integration with Microsoft tools and robust asset tracking features.

EZOfficeInventory – A user-friendly solution with strong mobile capabilities and customizable features for tracking assets and managing maintenance.

UpKeep – A mobile-first asset management tool that focuses on maintenance management and real-time asset tracking.

Snipe-IT – An open-source asset management software that offers a flexible and customizable solution for businesses of all sizes.

Trackforce Valiant – Specializes in workforce management and asset tracking, offering solutions for companies in security and operations industries.

How do I choose the right asset management software?

To decide the right asset management software, start by identifying your business needs, such as whether you require IT asset tracking, maintenance features, or integration with existing tools. Set a budget and consider scalability to ensure the software can grow with your business.

Test usability through free trials to evaluate the user experience, and check for strong customer support. Lastly, read reviews and compare features to ensure the tool aligns with your long-term goals.

How do you keep track of IT assets?

To keep track of IT assets, use asset management software that allows you to register, monitor, and update information on all hardware and software. Implement barcode scanning or RFID tagging to track physical assets in real-time. Regularly update asset records and conduct audits to ensure accuracy. Additionally, ensure the software integrates with other tools like IT management platforms to maintain a central, easily accessible database.