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Asset management software is a business solution designed to record, track and manage all the assets of an organization. It records all details of an asset in every stage of its lifecycle, from procurement and maintenance to disposal.
An asset management system is crucial for an organization as it helps record, control, and regulate all the assets and document the vital information regarding them. It also tracks components, records maintenance logs, allocations, depreciation reports, compliance reports, and more.
Asset management software integrates all the asset management functions like recording details, categorizing, allocating, and tracking all tangible and intangible assets. It also helps standardize processes, improve operational efficiency and reduce costs of organizations that manage a large number of fixed and current assets.
If the asset is related to IT, for example, if it's hardware or software, it would be considered an IT asset, and the software used to manage them is called IT asset management software. Choosing the best hardware asset management software and the best is essential for all IT companies.
IT asset management software is a dedicated asset management software that goes beyond just recording and tracking fixed assets. It integrates all financial, contractual, and risk management aspects of software, hardware, systems, fixed assets, and other intangible assets. It provides knowledge on every IT asset's efficiency, usability, ROI, etc., to asset managers, helping them make tactical and strategical decisions related to assets.
Major Users: IT Companies, Service Providers, Law/CA firms, etc.
This type of software tracks and manages all the fixed assets in an organization. Everything, including accounting, maintenance, and deterrence, is managed with fixed asset management software.
Fixed asset management software manages all the tangible assets of a company throughout its life cycle. It records every financial transaction related to the asset, allocation of assets, authority, maintenance logs, etc. It helps managers plan the asset's replacement in advance, monitor its actual usage against planned usage. The software performs return on investment analysis of assets purchased by the company.
Major Users: Manufacturing Companies, Small Businesses, Nursing Homes, etc.
Digital asset management software stores and organizes all the digital assets in one location. You can find everything, including pictures, videos, and other media on a single platform.
Digital asset management system tracks all the assets across all different geographical locations in real-time. It also allows to include pictures, videos, and other media with the assets. Digital asset management systems are growing trends and are extremely important for logistics companies, the transport industry, etc
Major users: Universities, Colleges, Media Houses, Logistics Industry, Real Estate Companies
Enterprise asset management software covers all aspects of asset management like accounting, maintenance, repair, replacement, etc. It is widely used across most corporates as it can manage all types of assets. The software tracks and records information related to assets and enables users to analyse performance, conduct regular maintenance, and increase efficiency.
Major Users: Financial Institutions, Large Corporates, Coaching Institutes, Hospitals, etc.
Reliable asset recovery
If an asset is lost in the sea of other assets, it becomes difficult to trace that out. Both manpower and time are lost in this process, and several delays are caused. You can avoid all this by simply using the best asset management software in India. It has a GPS location tracking tool's feature that helps trace every asset present in the organization.
Real-time customer service
Customers often ask for the location of their assets, that too in real-time. This software lets you keep a tab on the assets at all times. You can give details about the resources or assets with their efficacy to the customers as well.
Increased productivity
An asset's lifecycle can be calculated with asset management software, which in turn increases productivity. Assets are firstly tagged with RFID tags, then they can be tracked automatically in different stages, and dedicated resources are not required to keep an eye on the assets 24x7. In this way, employees can focus on other essential tasks.
Avoid unnecessary maintenance costs
Effective repair or replacement can be planned with asset management software. Since you already have all the information, from start to end, from its buying date to all the records about its maintenance, it becomes easy to avoid additional maintenance costs. Unproductive assets can be taken care of in their earlier stages. Monitor, replace, or repair your assets on time before it's too late.
Track asset maintenance needs
You can track which assets need maintenance and when. With asset management software, it is easier to calculate the cost as well. You can set alerts for maintenance and renewal as and when needed. The inventory software can also be integrated with ticketing software which makes the whole process a lot simpler.
Set thresholds for stock renewal
Asset auditing can also be performed with the help of asset management software. Identifying ghost assets in an organization becomes essential when they increase in numbers. They cause additional maintenance, which is not required. Similarly, if an asset is about to complete its lifecycle, it can be stocked back again. You can even reduce the compliance risks with this software.
Accurate asset-related data
Using asset management software assures that the business has accurate data related to all the assets present. Tracking and auditing at different intervals would enable companies to maintain accuracy. Accuracy is also maintained as everyone in the company can keep an eye on the real-time data about the compliance, audits, and assets on the asset management software.
Asset tracking software is an application used to track as well as record assets throughout their lifecycle. This includes processes from their procurement to their disposal. It provides information such as the asset’s location, who all are using it, how efficient it is, and other such details. You can manage both hardware as well as software assets with asset lifecycle management software.
Author: Kalpana Arya
(Showing 1 - 20 of 41 products)
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Suitable for managing all stages of the asset lifecycle for your company.... Read More About ezAtlas
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By Freshworks
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₹1,499
Freshservice is one of the best IT service desk solutions designed to meet the challenges faced by modern organizations... Read More About Freshservice
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Maco Fixed Asset Management is a scalable fixed assets management software for businesses. The software is designed to... Read More About Maco Fixed Asset Management
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Spine asset management software is one of the best fixed asset management software that helps you efficiently manage yo... Read More About Spine Asset Manager
IT asset management software is an application used to track everything about IT asset, from start to end. Its entire lifecycle is recorded in the Asset tracking software. An IT asset management software can manage both hardware and software resources.
Given below is the list of best asset management software: Techjockey Asset Management System Maco Fixed Asset Management Aruba 310 Series Access Points Freshservice Snipe It Limble CMMS Vestige EZOfficeInventory Iquate Iqcloud Infor Enterprise Asset Management SUMMIT Asset Management Asset management software demo is also available if you choose techjockey.com to buy your software.
Assets can be categorized into two types based on the management point of view Fixed Assets: It is an asset which can be seen and touched like equipment, property, furniture, computer hardware, peripherals, etc. Digital Assets: Digital assets are intangible asset which cannot be seen or touched but hold some value for any organizations like software's, subscriptions, licenses, data, information, know how, digital documents, images, audio, video, etc.
The following are the best-fixed asset management software open source: SysAid IT Asset Management Spiceworks Asset Panda Reftab Asset Management System Samsara GLPI Spiceworks It is advisable to use an advanced level asset management software rather than free fixed asset management software. You can find the best ones on techjockey.com
Starting Price
₹7,500/Month
EzAsset is a comprehensive, cloud-based asset management software. It helps manage the entire lifecycle of fixed assets... Read More About ezAsset
By Qelocity
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BillExpert – GST Billing software India is designed a complete invoicing billing software to take care of your daily b... Read More About Qelocity BillExpert
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ACUPOMS is a one touch, one login information system accessible anytime, anywhere for every need of property operation m... Read More About Acupoms
By TYASuite
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TYASuite Software Solutions has been leading the change amongst cloud ERP software, making ERP affordable, scalable and... Read More About TYASuite Asset Management Software
By SUMMIT IT
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SUMMIT Asset Management is one of the best asset management systems available in the market. The solution enables IT c... Read More About SUMMIT Asset Management
By Infor
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Modern, flexible asset management software.21st-century asset management drives new levels of efficiency and helps you a... Read More About Infor Enterprise Asset Management
By MAPILab
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MAPILab Disclaimers for Exchange is an ideal tool to manage signatures and disclaimers in corporate emails. Use this to... Read More About Disclaimers for Exchange
By Grokability
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Snipe It provides a set of features for business users to increase productivity and perform core functions accurately. D... Read More About Snipe It
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Ebyte provides a set of features for business users to increase productivity and perform core functions accurately. Depe... Read More About Ebyte
By Limble CMMS
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Limble CMMS provides a set of features for business users to increase productivity and perform core functions accurately... Read More About Limble CMMS
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EZOfficeInventory provides a set of features for business users to increase productivity and perform core functions accu... Read More About EZOfficeInventory
Starting Price
₹3,990/User/Month
eFacilito is a facility management software that helps manage different types of facilities like factories, hotels, mal... Read More About eFacilito
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By Bynder
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Bynderis a complete Asset Management Software designed to serve Startups, SMBs, SMEs and Agencies. This Asset Management... Read More About Bynder
By KASEYA
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Kaseya Vsa is an all-in-one Remote Desktop Software designed to serve Startups, SMBs, SMEs and Agencies. This Web-Based... Read More About Kaseya Vsa
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ProTrack Fixed Asset Management Software - Web based software , To simplify the process and maintaining of Fixed Asset... Read More About ProTrack Fixed Asset Management
By stallion
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StallionSoft My Asset is a complete Asset Management Software designed to serve Startups, SMBs, SMEs and Agencies. This... Read More About StallionSoft My Asset
Last Updated on : 21 Jun, 2023
Asset management software is a solution designed to record, track and manage all the assets of an organization. It records all details of an asset in every stage of its lifecycle, from procurement and maintenance to disposal. It integrates all the asset management functions to improve efficiency.
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Dinesh Pandya
review for Spine Asset Manager
"It is the best software we have encountered so far in terms of FAMS. They are known for their legacy of best support & after sales service"
A
abhilash
review for TYASuite Asset Management Software
"It was quite a good product excellent to use,gives a platform a way to manage Asset management and Ticketing to the next level"
HS
HEMANT SHRIVASTVA
review for SUMMIT Asset Management
"Bought from them once, great price, no problems at all, easy to deal with good communictions"
YV
yuvrajsinh vaghela
review for eFacilito
"easy to use, user interface is quite friendly, does the job perfectly"
HV
Harsha Vardhan
review for ProTrack Fixed Asset Management
"Easy to Use Mobile App Facility Monitor from any location Unique Label ID Printing Advanced Features Instant Customer Support"
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Asset management software for small businesses must be easy to use, affordable and reliable. Although the best asset management software depends on the needs and preferences of the organization, here are some of the most popular AMS for small businesses: EzAsset Freshservice Spine Asset Manager
Hospitals need asset management systems to manage diagnosis equipment's, beds, lab machines, and other health equipment's. Here are some of the best asset management software for hospitals: Manage Engine Asset Explorer ezAsset TYASuite Asset Management Software
The education industry needs the best asset management system to provide quality education and maintain compliance with legal bodies like CBSE. Some of the best asset management software considered for schools/ colleges and coaching institutes are Infor Enterprise Asset Management and AssetMint.
Here are some widely used asset management software for manufacturing companies: ezAsset ManageEngine AssetExplorer ProTrack Fixed Asset Management
IT asset management is an important aspect of IT operations because companies need to track their software and hardware assets. Asset tracking helps prevent unplanned outages or non-compliance-related expenses.
Proper IT asset management improves company performance by helping IT professionals avoid unprecedented downtime, suboptimal deployment. The software also helps avoid unnecessary expenses associated with compliance infractions. Additionally, the process ensures that companies have proper budget predictions for replacing, renewing, adding, or disposing of a technological asset.