HomeAsset ManagementTop 25 Fixed Asset Management and Tracking Software in 2025

Top 25 Fixed Asset Management and Tracking Software in 2025

Many businesses in the Philippines still track their assets, including fixed asset manually. One small mistake can throw off records, mess up depreciation, and cause financial headaches. That’s why businesses are turning to AI-powered fixed asset management software.

No surprise, then, that 95% of decision-makers in the Philippines are investing in AI and machine learning, according to Globe. They want their assets to be managed, and considering that assets are the backbone of every operation, it’s a necessity.

But among so many selections, which one is the best for managing such expansive, high-value assets? Look no further and try HashMicro Asset Management Software, as it’s powered with AI to analyze, as well as various methods to maintain your assets, be it land, vehicles, or machinery.

However, this article also have other recommendations for the best 25 Fixed Asset Management Software in the Philippines in 2025, including HashMicro, Asset Panda, MRI Software, and Sage.

Key Takeaways

  • Fixed asset management software helps businesses track and monitor assets, reducing losses, improving maintenance, and extending asset lifespan.
  • As businesses grow, fixed asset management software becomes essential for improving efficiency in industries such as manufacturing, healthcare, retail, and construction.
  • HashMicro provides one of the best-fixed asset management software for businesses in the Philippines to manage and track their assets
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Table of Contents

    Content Lists

      Best Fixed Asset Management Software in 2025 at Glance:

      1. HashMicro: Best for comprehensive ERP integration with AI
      2. Asset Panda: Best for mobile asset tracking
      3. Oracle NetSuite: Best for large enterprises with complex assets
      4. EZOffice: Best for barcode-based asset tracking
      5. Ivanti: Best for IT asset lifecycle management
      6. Fiix: Best for multi-site maintenance tracking
      7. ManageEngine: Best for customizable IT asset management
      8. UpKeep: Best for mobile-first maintenance management
      9. Limble: Best for user-friendly preventive maintenance scheduling
      10. Sage: Best for small to mid-sized businesses as well as asset management.
      11. Infor EAM: Best for advanced enterprise asset management
      12. SafetyCulture: Best for inspection management

      What is Fixed Asset Management Software?

      Fixed asset management software is a tool to track, monitor, and maintain physical assets like vehicles, computers, and machinery with barcodes, QR codes, or RFID. It helps asset-intensive companies that produce goods and services to maintain their equipment effectively with real-time tracking.

      This software also helps businesses make smarter decisions when buying or retiring assets. By knowing their value, companies can plan ahead, reduce losses, prevent equipment failures, and minimize downtime, improving their assets’ value and lifespan.

      With the right system, companies can easily track assets, know their location, and monitor their condition over time. Here are some key benefits of using fixed asset management software for your business:

      • Accurate asset tracking: Ensures efficient use of assets, reducing downtime and boosting productivity.
      • Maintenance cost savings: Timely maintenance lowers repair costs by keeping assets in good condition.
      • Asset life extension: Regular care extends the lifespan of assets, preventing expensive repairs.
      • Regulatory compliance: Helps maintain accurate records, aiding compliance and smoother financial audits.
      • Maintenance schedule: Scheduled upkeep prevents unexpected breakdowns, ensuring smooth operations.
      • Depreciation management: Accurate depreciation records help optimize tax benefits and financial planning.
      • Simplified accounting: This makes asset accounting easier by tracking asset value and costs throughout their lifecycle.
      • Increased accountability: Features like check-in/check-out systems ensure assets are properly managed and returned.
      • Location tracking: Helps prevent asset loss or theft, improving workplace productivity and security.

      If you want to optimize your business’s asset management, you may want to explore the top recommendations for the best asset management software.

      Features of Fixed Asset Software

      When choosing fixed asset management software, understanding the basic features is key to ensuring efficient asset management. Here’s how fixed asset management helps businesses:

      • Asset tracking: Logs each asset’s exact location, usage history, and condition in real time. RFID tags, barcodes, or QR codes make scanning fast and easy, while GPS tracking helps monitor vehicles and field equipment.
      • Maintenance management: Automates servicing schedules for factory machines, HVAC systems, and company vehicles. Sends alerts for oil changes, software updates, and routine inspections to prevent unexpected breakdowns.
      • Depreciation calculation: Applies straight-line, declining balance, or units-of-production methods to calculate asset value changes. It updates financial records automatically based on predefined schedules.
      • Asset lifecycle management: Tracks assets from purchase to disposal, recording acquisition costs, usage duration, and resale or scrapping details. Keeps logs of warranty periods, lease agreements, and replacement schedules for vehicles, industrial tools, and office electronics.
      • Compliance & audit support: Stores purchase invoices, maintenance logs, and disposal records in a centralized system. It tracks changes for audit trails and aligns asset data with IFRS or GAAP accounting standards.
      • Reporting & analytics: Generates real-time reports on asset performance, maintenance frequency, and operational costs. Highlights underutilized equipment, compares projected vs. actual asset lifespan, and detects high-cost repairs that might justify asset replacement.
      • Accounting system integration: Syncs asset depreciation, purchases, and disposals with ERP or accounting software. It auto-updates general ledger entries.

      These features form the foundation of a strong fixed asset management system, helping businesses stay compliant with regulations and optimize their assets for better performance. 

      Top 25 Fixed Asset Management and Tracking Software

      Efficient asset management is crucial for businesses to streamline operations and maintain accurate financial records. Here’s a list of the 25 best fixed asset management software in 2025:

      1. HashMicro Fixed Asset Management Software

      HashMicro asset management tracking software

      HashMicro is a top ERP software provider in Southeast Asia, offering cloud-based tools to streamline business operations in one system. Known for its integration and customization, it’s ideal for many industries.

      They offer a free trial and consultation to help boost asset management efficiency by reducing asset misplacement, ensuring accurate depreciation, and simplifying maintenance.

      In addition to asset management, HashMicro provides solutions for procurement, accounting, and CRM systems for over 25 industries.

      Key features of HashMicro’s Fixed Asset Management Software:

      • Asset GPS tracking: Accurately tracks asset locations in real-time using GPS, enhancing the visibility of company assets.
      • Asset maintenance budgeting: Ensures adherence to set budgets, optimizes resource allocation, prevents unexpected costs, and extends asset lifespan.
      • Preventive maintenance scheduling: Facilitates easy asset maintenance scheduling to prevent unexpected operational disruptions and prolong asset life.
      • Asset stock take with barcode: Barcodes allow accurate tracking of asset status (e.g., operational, missing, under repair).
      • QR code scanning for facility requests: Simplifies the process for employees to report issues and speeds up repairs using QR codes.
      • Comprehensive asset cost reporting: Provides detailed cost reports to help budget and plan future asset maintenance.
      Pros Cons
      • Unlimited users
      • Seamless integration with multiple modules and external systems
      • Customizable features tailored to fit your business requirements
      • In-house development team
      • Exceptional after-sales support
      • No hidden fees during the implementation process
      • Offers a range of features that require consultation to determine the best fit for your business

      Suitable for: Business owners, CFOs, and asset managers in manufacturing, construction, and retail who need to track, depreciate, and schedule maintenance for fixed assets like heavy machinery, vehicles, and equipment.

      If you want to implement HashMicro’s Asset Management Software for your business, click the banner below to explore their pricing options.

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      2.  Asset Panda

      Asset Panda

      Asset Panda is fixed asset tracking software that helps businesses track and manage fixed assets from purchase to disposal. It gives real-time updates on an asset’s location, condition, and status, so companies always have accurate records. The software includes features like maintenance tracking, depreciation calculations, and custom reports.

      Unlike full ERP systems, it doesn’t have built-in enterprise integrations. However, its open API allows connections with existing tools, and its flexible configuration lets users customize it to fit their workflow.

      Key features of Asset Panda:

      • Asset inspections to conduct and log inspections in the software, accessible on mobile and offline.
      • Barcode tracking for quick asset audits and inventory checks.
      • Lease accounting to track leased equipment, including expiration dates and details.
      • Repair tracking to monitor maintenance history and asset performance.
      Pros Cons
      • Free mobile app for Android and iOS with barcode scanning
      • Supports images, videos, voice recordings, and custom fields
      • Customizable CSV import with field mapping
      • No remote machine access
      • Lacks automated software usage tracking
      • Data import can be slow for large datasets

      Suitable for: IT managers, facilities managers, and operations teams in corporate offices, schools, and healthcare facilities that need real-time mobile asset tracking and auditing.
      It is ideal for companies that frequently relocate assets like computers, office furniture, and medical equipment, ensuring everything is properly accounted for.

      Pricing: Asset Panda employs a quote-based pricing model, with costs depending on the number of assets managed. Discounts are available for multi-year plans and non-profits.

      3. Oracle NetSuiteoracle netsuite asset management software

      NetSuite’s Fixed Assets Management System module offers a comprehensive solution for managing the entire lifecycle of fixed assets, from acquisition to disposal. It automates processes such as depreciation calculations, lease accounting, and maintenance scheduling.

      The module supports various depreciation methods, including straight-line and declining balance, and allows for custom schedules tailored to specific business needs. Users can manage asset transfers, revaluations, and disposals efficiently, with all transactions automatically updating the general ledger.

      Key features of Oracle NetSuite:

      • Automating asset lifecycle management from acquisition to disposal.
      • Tracking both depreciating and non-depreciating assets across multiple locations.
      • Calculating depreciation using straight-line, declining balance, and custom schedules.
      • Managing lease accounting, including expiration dates and financial obligations.
      • Scheduling maintenance to prevent asset downtime.
      Pros Cons
      • Flexible customization options
      • Easy integration with other tools
      • Features can be overwhelming and complex
      • Pricing requires scheduling a consultation

      Suitable for: CFOs, financial controllers, and procurement managers in large enterprises that need automated fixed asset tracking and depreciation. It’s best for organizations managing high-value assets across multiple locations which is integrated with ERP, accounting, and procurement systems.

      Pricing: Pricing details are not publicly disclosed. Prospective users should contact Oracle NetSuite for a tailored quote.

      4. EZOfficeInventory Fixed Asset Tracking Software

      EZOfficeinventory fixed asset tracking system

      EZOfficeInventory is a fixed asset management software designed to track assets throughout their lifecycle. The software supports barcode and QR code scanning for quick asset check-ins, checkouts, and reservations, while automated depreciation tracking ensures compliance with accounting standards.

      Custom reports and analytics allow users to monitor asset performance, optimize usage, and prevent losses caused by ghost assets or theft. With built-in audit tools, EZOfficeInventory enables seamless asset verification by scanning labels using its mobile app.

      Key features of EZOfficeInventory:

      • Centralized inventory database
      • Low stock notifications
      • Data exporting / importing
      • Location – asset tracking
      Pros Cons
      • Easy-to-use features
      • Integrates with various systems
      • Mobile-friendly interface
      • Some features come at additional costs
      • Limited reporting capabilities

      Suitable for: Maintenance supervisors, warehouse managers, and asset custodians in logistics, IT services, and field operations who need asset check-in/check-out tracking, reservations, and audits using barcodes and QR codes.

      Pricing: EZOfficeInventory offers scalable pricing plans based on the number of assets and users, starting at $35 per month for 250 items and unlimited users.

      5. Ivanti Fixed Asset Management Software

      ivanti fixed asset management software

      Ivanti Neurons for IT Asset Management (ITAM) is a comprehensive solution designed to manage IT assets throughout their entire lifecycle, from procurement to disposal. It offers real-time visibility into hardware, software, and cloud assets.

      While it offers comprehensive features for IT asset tracking, including hardware and software management, it does not specifically mention capabilities tailored for traditional fixed asset management, such as machinery or real estate.

      Organizations seeking fixed asset management solutions may need to explore specialized software that addresses non-IT asset requirements.

      Key features of Ivanti Fixed Asset Management Software:

      • Real-time asset discovery with active and passive scanning to provide up-to-date visibility into hardware, software, and cloud assets.
      • Complete asset lifecycle management
      • Integration with IT Service Management (ITSM)
      • Automated data normalization and reconciliation
      Pros Cons
      • Features tailored to support business needs
      • Strong integration with other Ivanti solutions
      • Limited customization options for features
      • Requires additional training to fully utilize all functionalities

      Suitable for: IT asset managers and security teams in enterprises, financial institutions, and government agencies that need strict IT asset lifecycle tracking, software license compliance, and risk management.

      Pricing: Interested parties should reach out to Ivanti for detailed pricing.

      6. Fiix Fixed Asset Management Softwarefiix fixed asset management software

       

      Fiix’s fixed asset management system helps businesses organize, track, and optimize asset performance in one centralized platform. It provides complete visibility into equipment details, including repair history, costs, and parts consumption.

      Users can create and attach QR codes or barcodes to assets, parts, and work orders for instant access via mobile devices.

      Designed for multi-site management, Fiix enables businesses to oversee assets, inventory, purchases, and tasks across different locations. Users can schedule and trigger work based on time zones.

      Key features of Fiix Fixed Asset Management Software:

      • Tracking assets in real-time including repair history and costs.
      • Creating and attaching QR codes or barcodes for instant asset access.
      • Building an asset hierarchy to organize equipment into parent-child relationships.
      • Managing maintenance schedules to optimize asset performance.
      • Overseeing multi-site operations with location-based tracking.
      • Automating inventory updates to maintain optimal stock levels.
      Pros Cons
      • Easy to set up and customize
      • Offers flexibility in adapting to business needs
      • Limited functionality
      • Limited customer support

      Suitable for: Plant managers, facility maintenance teams, and operations directors in manufacturing plants, energy companies, and utilities that need predictive maintenance and asset lifecycle tracking.

      Pricing: Contact Fiix directly for a customized pricing plan.

      7. ManageEngine AssetExplorer

      manageengine asset explorer

      ManageEngine ServiceDesk Plus is one of the fixed asset management software to help businesses track both IT and non-IT assets throughout their lifecycle. Thus, managers can monitor everything from office furniture to servers.

      It comes with asset discovery, inventory management, and ownership tracking, making it easy to keep tabs on where assets are and who’s using them.

      Additionally, ManageEngine’s AssetExplorer is an IT asset management (ITAM) platform designed to offer quick deployment for IT managers to effortlessly gain control of IT assets spread across multiple sites.

      Key features of ManageEngine AssetExplorer:

      • Tracking IT and non-IT assets from acquisition to disposal.
      • Automating asset discovery for both hardware and software.
      • Managing inventory, with real-time updates on asset status.
      • Scheduling maintenance and updates to extend asset lifespan.
      • Supporting multi-site asset tracking across different locations.
      • Integrating with CMDB, for a complete view of IT infrastructure.
      Pros Cons
      • Cloud-hosted and browser-based
      • Tracks both networked and non-networked assets
      • Relationship mapping for better asset insights
      • User-friendly and easy to learn
      • Limited remote control tools, only compatible with Mac and Windows machines
      • Certain features may not fully meet company-specific needs

      Suitable for: IT administrators, network managers, and IT asset custodians in corporate IT departments and MSPs (Managed Service Providers) needing software and hardware asset tracking with automated discovery.

      Pricing: ManageEngine provides a subscription model starting at $95 for 5 computers and 5 users.

      8. UpKeep Fixed Asset Inventory Management Software

      upkeep fixed asset inventory management software

      UpKeep is a mobile-based fixed asset tracking software that helps businesses streamline asset management and maintenance tasks. It supports both preventive and reactive maintenance and tracks jobs to ensure assets remain in optimal condition.

      Key features of UpKeep Fixed Asset Inventory Management Software:

      • Maintenance management
      • Work order management
      • Asset tracking
      • Reporting
      Pros Cons
      • Easy-to-use interface
      • Strong customer support
      • Basic asset management features, making it less suitable for businesses with more complex needs

      9. Limble Fixed Asset Management

      limble fixed asset management software

      Limble Software Fixed Asset Management helps streamline asset tracking, maintenance, and reporting. It allows users to monitor assets throughout their lifecycle, from acquisition to disposal, ensuring efficient management of asset location and condition.

      Key features of Limble Fixed Asset Management:

      • Asset tracking
      • Automated maintenance schedules
      • Comprehensive reporting
      Pros Cons
      • Easy-to-use interface
      • Integration with other systems
      • Mobile-friendly for on-the-go management
      • Some features require extra costs
      • Customer support can be less responsive at times

      10. Sage Fixed Asset Management Software

      sage fixed asset management software

      Sage fixed asset management system simplifies tracking and managing fixed assets by automating depreciation and asset monitoring. It enables businesses to manage their assets more efficiently, ensuring accurate records and smoother financial planning.

      Key features of Sage Fixed Asset Management Software:

      • Barcoding/RFID
      • Billing & invoicing
      • Check-in/check-out
      Pros Cons
      • Includes a full-featured mobile app
      • Supports multiple currencies
      • Integrates smoothly with third-party apps
      • Lacks time-tracking features
      • Offers limited report customization
      • The interface could be more user-friendly

      11. Infor EAM Fixed Asset Inventory Management Software

      infoream fixed asset inventory management software

      Infor EAM is a fixed asset manager designed to help companies optimize asset usage and enhance operational efficiency. It offers asset lifecycle management and IoT integration, ensuring that all assets function at peak performance.

      Key features of Infor EAM:

      • Vendor demonstration management
      • Programs for consultants
      • RFP/RFQ services
      Pros Cons
      • Advanced analytics capabilities
      • Supports IoT integration for real-time asset monitoring
      • High implementation costs
      • Requires training to fully utilize all features

      12. SafetyCulture Fixed Asset Management Software

      safetyculture fixed asset management software

      SafetyCulture provides an asset management platform that helps businesses maintain their assets in top condition. It enables companies to conduct asset inspections and audits, ensuring compliance with safety standards.

      Key features of SafetyCulture Fixed Asset Management Software:

      • Track assets individually
      • Scan QR codes
      • Schedule maintenance
      • Alerts and notifications
      Pros Cons
      • Easy to use and mobile-friendly
      • Good customer support
      • Limited customization of features to fit specific company needs

      13. MRI Software

      mri software

      MRI Software offers fixed asset tracking software designed to help companies optimize asset usage. MRI enables efficient asset lifecycle management with customizable modules tailored to meet specific business needs while seamlessly integrating with accounting systems.

      Key features of MRI Software:

      • Asset lifecycle management
      • Asset tracking
      • Audit management
      • Budgeting/forecasting
      • Capitalization reporting
      Pros Cons
      • Easy-to-use, intuitive interface
      • Customizable options to fit specific needs
      • The steep learning curve that requires training for new users
      • Unresponsive customer support

      14. NewgenONE Fixed Asset Lifecycle Management 

      NewgenONE Fixed Asset Lifecycle Management NewgenONE provides advanced asset management solutions, utilizing real-time tracking and lifecycle management to help businesses optimize asset usage. It incorporates modern technologies for efficient, transparent asset management.

      Key features of NewgenONE Fixed Asset Lifecycle Management:

      • Integrations management
      • Drag and drop builder
      • Application templates
      • Access control
      Pros Cons
      • Workflow automation
      • Integration with other systems
      • Can be complex for beginners
      • Requires additional training for effective use

      15. MaintainX Fixed Asset Management Software

      maintainx fixed asset management software

      MaintainX is a mobile app focused on simplifying asset maintenance and operations management. It supports preventive and reactive maintenance, allowing managers to oversee tasks more efficiently through a user-friendly interface and team collaboration features.

      Key features of MaintainX Fixed Asset Management Software:

      • Work order management
      • Preventative maintenance
      • Vendor management
      Pros Cons
      • Mobile app version available
      • Intuitive, easy-to-use interface
      • Supports team collaboration
      • Basic asset tracking features, not comprehensive for advanced asset management needs

      16. IBM Maximo Fixed Asset Management Software

      ibm maximo fixed asset management software

      IBM Maximo is an enterprise asset management solution designed to manage physical assets, covering maintenance, operations, and asset tracking. It provides lifecycle management and integrates with IoT devices, helping enterprises optimize operational efficiency.

      Key features of IBM Maximo Fixed Asset Management Software:

      • Asset management
      • Maintenance management
      • Predictive maintenance
      • Inventory management
      • Remote monitoring
      Pros Cons
      • Comprehensive features ideal for companies with complex needs
      • Advanced analytics for better decision-making
      • High implementation costs
      • The steep learning curve, requiring intensive training

      17. MMSOFT Pulseway

      MMSOFT Pulseway

      MMSOFT Pulseway is an IT asset management solution designed to help companies efficiently track and manage their IT assets in real time. It integrates with helpdesk systems, quickly identifying and resolving IT issues.

      Key features of MMSOFT Pulseway:

      • Remote monitoring
      • Asset tracking
      • Multi-server management
      • Immediate alert notification
      Pros Cons
      • Modern and intuitive user interface
      • Full suite of features accessible via iPad app
      • Simple connection to cloud infrastructure
      • SNMP support can be challenging to configure
      • Only supports Microsoft SQL Server for database monitoring
      • Reporting capabilities are limited

      18. Infraon Assets

      infraon assets

      Infraon Assets offers a comprehensive fixed asset management system that enables companies to track, manage, and optimize their assets effectively. It provides real-time asset tracking and performance analytics, helping businesses make informed, data-driven decisions.

      Key features of Infraon Assets:

      • Central dashboard
      • Asset policy management
      • Software asset inventory
      • Asset discovery
      Pros Cons
      • Easy to use
      • A comprehensive set of features
      • Strong integration with other systems
      • Limited customization options for features
      • Outdated interface design

      19. GoCodes Fixed Asset Management Software

      GoCodes fixed Asset Management Software

      GoCodes is a fixed asset tracking software that uses QR code technology to track and manage assets. With GoCodes, businesses can easily monitor assets through QR codes and mobile apps, ensuring efficient and accurate recording.

      Key features of GoCodes Fixed Asset Management Software:

      • Alerts/notifications
      • Mobile access
      • Barcode/ticket scanning
      • Manufacturing inventory management
      Pros Cons
      • Easy-to-use interface
      • Locate powered-off assets online or via mobile devices
      • Tracks assets not connected to the network
      • No software usage tracking or automatic asset detection
      • Limited internal device visibility
      • Lacks uptime monitoring and notification features

      20. Fracttal Fixed Asset Inventory Management Software

      Fracttal Fixed Asset Inventory Management Software

      Fracttal is a cloud-based assets management software that simplifies asset tracking and management. It provides real-time tracking and performance analytics, helping companies optimize asset use and improve efficiency.

      Key features of Fracttal Fixed Asset Inventory Management Software:

      • CMMS
      • Asset management
      • Mobile app
      Pros Cons
      • Excellent customer support
      • Easy-to-use features that meet business needs
      • Higher costs for advanced features
      • Requires training to fully utilize all capabilities

      If you are also interested or want to understand more about CMMS, explore these recommendations for the best CMMS software.

      21. InvGate

      InvGate Asset Management is a robust IT asset management (ITAM) solution designed to help organizations efficiently oversee their IT infrastructure. It offers comprehensive tools for managing both hardware and software assets, ensuring real-time visibility and control over the entire IT estate.

      The platform supports seamless integration with InvGate Service Desk, enhancing issue resolution and service management capabilities.

      Key Features:

      • Network Discovery
      • Remote Desktop Access
      Pros Cons
      • User friendly interface. 
      •  Comprehensive asset tracking and monitoring capabilities.
      • Occasional issues with automated asset decommissioning processes.
      •  Advanced reporting requires familiarity with database schemas and SQL queries.

      Pricing: InvGate offers flexible pricing tailored to the specific needs of each organization. Pricing is based on the number of assets (workstations and servers) managed. For detailed pricing information, it’s recommended to contact InvGate directly.

      Suitable For: InvGate Asset Management is ideal for medium to large organizations across various industries, including NGOs, government agencies, and educational institutions, seeking a comprehensive solution for IT asset management.

      22. Flexera

      Flexera is a leading provider of IT asset management solutions, offering comprehensive tools to help organizations manage and optimize their software and hardware assets. Their platform focuses on software license optimization, cloud cost management, and IT asset visibility, enabling businesses to reduce costs and mitigate compliance risks.

      Key features:

      • Cloud cost optimization tools
      • Reporting tools
      Pros Cons
      • Extensive coverage of software and hardware assets.
      • Integration with multiple platforms enhances versatility.
      • Complexity may require a steep learning curve for new users.
      • The breadth of features may be overwhelming for organizations with straightforward IT environments.

      Pricing: Flexera’s pricing model is customized based on the specific needs and scale of an organization. Prospective clients are encouraged to contact Flexera directly for a personalized quote.

      Suitable For: Flexera is ideal for medium to large enterprises seeking a comprehensive solution for IT asset management, particularly those operating in complex IT environments with substantial investments in software and cloud infrastructure.

      23. Asset Tiger

      AssetTiger is a cloud-based fixed asset management software designed to help businesses efficiently track and manage their assets. Developed by MyAssetTag.com/SmartSign, AssetTiger offers a range of features to ensure assets are well-organized and easily accessible.

      Key Features:

      • Barcode Scanning
      • Maintenance Scheduling
      • Inventory Tracking

      Pros

      Cons 

      • Free for Up to 250 Assets.
      • Unlimited Users. 
      • Robust Mobile App. 
      • Limited API Integration. 
      • Limited Documentation. 

      Price: AssetTiger offers a free plan for up to 250 assets with unlimited users and storage. For businesses with more than 250 assets, annual subscriptions start at $120 per year for up to 500 assets.

      Suitable for: AssetTiger is ideal for small to medium-sized businesses looking for an affordable and feature-rich asset management solution, especially those needing multi-user access and mobile tracking capabilities.

      24. Wrike

      Wrike is a versatile project management and collaborative work management tool suitable for businesses of all sizes. It offers industry-specific solutions with preconfigured templates for tasks, workflows, and communication.

      While not specifically designed for fixed asset management, Wrike’s robust features can be adapted to monitor and manage assets within project workflows.

      Key Features:

      • Task Management
      • Project Views
      • Workflows and Automation
      Pros Cons
      • Comprehensive project management features. 
      • Extensive integrations with other tools. 
      • Higher pricing compared to some competitors. 
      • Limited built-in communication features. 

      Pricing: Wrike offers a range of pricing plans:

      • Free Plan: Available for up to 5 users with limited functionality.
      • Professional Plan: Starts at approximately $9.80 per user/month.
      • Business Plan: Starts at approximately $24.80 per user/month.
      • For detailed and updated pricing, it’s recommended to visit Wrike’s official website.

      Suitable for: Wrike is ideal for teams and businesses seeking a comprehensive project management solution that can be tailored to various industries.

      25. Assetcloud

      AssetCloud is a comprehensive cloud-based asset management solution designed to streamline the tracking and management of an organization’s assets throughout their lifecycle. Developed by Wasp Barcode Technologies, AssetCloud offers a centralized platform that enhances asset visibility, ensures compliance, and improves operational efficiency.

      Key Features:

      • Full Lifecycle Asset Management
      • Streamlined Auditing
      Pros Cons
      • Offers a complete solution by providing compatible hardware and accessories, including barcode scanners and asset tags.
      • User-friendly interface. 
      • Pricing details are not publicly disclosed; interested parties must contact the vendor for a quote.
      • Some users report that the disposal management and analytics features could be further strengthened.

      Pricing: AssetCloud does not publicly disclose its pricing information. Organizations interested in implementing AssetCloud are encouraged to contact Wasp Barcode Technologies directly to obtain a customized quote based on their specific needs.

      Suitable For: AssetCloud is ideal for organizations of varying sizes across multiple industries seeking a robust and integrated asset management solution. Its comprehensive features cater to businesses aiming to enhance asset tracking, ensure compliance, and improve overall operational efficiency.

      Who Benefits from Fixed Asset Management Software?

      As businesses expand, managing assets becomes increasingly crucial across industries. Fixed asset management software is essential for improving efficiency, reducing downtime, and maintaining assets optimally.

      Industries that benefit from fixed asset management system include:

      • Manufacturing: To track and maintain machinery and tools, reducing downtime and boosting productivity.
      • Construction: For managing heavy machinery, tools, and vehicles, ensuring maintenance and maximum usage.
      • Healthcare: For managing medical equipment, ensuring compliance with regulations, and scheduling regular maintenance.
      • Education: To manage assets like computers and lab equipment across multiple campuses.
      • Government: For overseeing public assets, including vehicles, infrastructure, and office equipment.
      • Retail: To track inventory, store fixtures, and equipment across various locations for better efficiency.
      • Hospitality: To track hotel and restaurant kitchen equipment, furniture, and tech systems.

      While small businesses might begin by tracking assets with tools like Excel or Google Sheets, these methods become inefficient as the company and its asset base grow. At this stage, investing in dedicated asset management software is essential for streamlining processes and improving accuracy.

      Tips for Choosing the Best Fixed Asset Management

      When choosing asset management software, consider your asset types and how you use them. Whether tracking heavy machinery or software licenses, pick a system that fits your needs, supports reporting, and integrates well with existing tools.

      So, the best software for you would be the one that:

      • Easy to Use: A simple interface with custom dashboards makes tracking assets hassle-free and cuts down on training time.
      • Grows With You: Pick software that lets you add more assets, users, and features as your business expands.
      • Works With Other Systems: Make sure it connects to your ERP, accounting, or inventory software to avoid extra manual work and mistakes.
      • Keeps Data Safe: Look for encryption, multi-factor login, and user permissions to protect asset info and prevent misuse.
      • Worth the Cost: Think long-term even though the initial cost might be high; the software should be able to cut downtime, improve asset use, and lower repair costs; the rest will pay for itself.
      • Good Support: Go for a provider with helpful support—live chat, help desks, and 24/7 service make a big difference.
      • Custom & Detailed Reports: Get software that lets you tweak reports, track specific assets, and see key data for smarter decisions.

      Conclusion

      Fixed asset management software is vital for businesses aiming to manage their assets efficiently. It helps reduce manual work, improve compliance, and boost productivity, making it an essential tool for companies seeking to streamline operations and safeguard their investments.

      HashMicro’s Fixed Asset Management Software offers advanced technology to improve your asset management processes. With customizable features and seamless integration, HashMicro helps your business become more efficient, saving time and resources.

      Schedule a free demo with HashMicro’s experts today and discover how their asset management solutions can help your business succeed.

      AssetManagement

      FAQ About Fixed Asset Management Software

      • What is fixed asset software?

        Fixed asset software is a tool that helps businesses track, manage, and maintain their physical assets, such as machinery, vehicles, and IT equipment. It automates asset tracking, depreciation calculations, maintenance schedules, and financial reporting.

      • How do you keep track of fixed assets?

        Fixed assets are tracked using software such as HashMicro, which records details like purchase date, location, value, and maintenance. Barcodes or tags help identify them, and regular checks are done to verify the assets.

      • What is the purpose of fixed asset management?

        Fixed asset management helps keep track of assets, ensure proper use, maintain them, and prevent loss. It also helps with accurate financial records and making decisions on repairs or replacements.

      • What are examples of fixed assets?

        Examples include buildings, vehicles, machinery, computers, and furniture. These are long-term items used by a business.

      • What are the challenges with fixed asset management?

        Managing fixed assets can be tricky due to lost or untracked assets, inaccurate depreciation, and missed maintenance. Without a proper system, businesses may face financial reporting errors, compliance issues, and high replacement costs due to poor asset utilization.

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