Best Business Automation Tool 2024

Asset management software is highly beneficial for tracking valuable resources in businesses or large organizations. This software helps managers oversee assets such as equipment, tools, and technology from a central platform. It provides real-time asset status and location updates, so managers always know where their assets are and in what condition. The software can track asset usage, schedule maintenance, and generate detailed reports to help with decision-making.

Asset management software also improves security by alerting managers to unauthorized access or potential issues, reducing the risk of loss or damage. It simplifies tasks like asset transfers between departments and helps manage the lifecycle of assets from acquisition to disposal. Integrating with mobile apps allows for easy management on the go.
By: William Taylor Updated on July 28, 2024
OUR TOP 5 PICKS
Tracked Asset (5/5)#1 Asset Management Software
PROS
  • Detailed reports
  • Configurable audits
  • Cloud-based access
  • Real-time asset tracking
  • Pinpoints asset locations
  • Timely maintenance alerts
  • Comprehensive reporting and analytics
  • Advanced asset reservation management
CONS
  • Limited offline functionality
  • Integration with existing systems may need customization
#2 Zluri (4.5/5)Optimize Your Asset Management
PROS
  • Large app library
  • Automatic break logging
  • Proactive renewal alerts
  • Customizable alert system
  • Real-time subscription monitoring
  • Centralized license management
  • Threat monitoring of critical apps
  • Roi calculator for efficiency gains
CONS
  • Complex initial setup
  • Compatibility and cost issues
  • Overwhelming for new users
  • Training required for full utilization
  • Data overload and limited customization
  • Privacy concerns with screenshot features
#3 ServiceNow (4.2/5)Streamlined IT and Asset Management Solutions
PROS
  • IT Service Management (ITSM) suite
  • Integrated configuration management
  • Efficient issue tracking and problem resolution
  • Advanced knowledge management capabilities
  • Customizable dashboards for personalized data views
  • Unified platform for on-premises and cloud asset tracking
  • IT Asset Management (ITAM) and software asset management in Professional plan
CONS
  • Complex initial setup
  • Potential for data overload
  • Limited customization options
  • A steep learning curve for new users
  • Compatibility issues with older systems
  • Privacy concerns with extensive tracking features
#4 Sapphire (4.1/5)Intelligent Asset Tracking with AI Precision
PROS
  • Supports various asset types
  • Maps application dependencies
  • Real-time asset location insights
  • Blacklists unauthorized software
  • Seamless integration with ERP systems
  • Monitors and measures software usage
  • Utilizes AI and NLP for dynamic tracking
CONS
  • May require training for optimal use
  • The initial setup could be complex
  • Potential compatibility issues with older systems
  • Frequent updates may disrupt workflows
  • Limited customization options
  • Overwhelming for new users
#5 AssetSonar (4/5)Comprehensive Cloud-Based Asset Management
PROS
  • Unlimited asset tracking
  • Cloud-based accessibility
  • Automated procurement tasks
  • User assignment and alert settings
  • Detailed financial audit information
  • Efficient purchase order generation
  • Real-time updates on hardware lifecycle
CONS
  • Initial setup complexity
  • Regular updates required
  • Potential privacy concerns
  • Limited customization options
  • Training requirements for new users
  • Compatibility issues with older systems

Tracked Asset by Talygen is recognized as the best overall asset management software of 2024. This cloud-based solution offers a user-friendly approach to managing assets efficiently. Key features include real-time tracking, mobile app integration, and advanced asset management using interactive charts and graphs for different assets on a single screen. Its geofence security helps receive alerts whenever the asset leaves or enters a restricted zone. It provides timely maintenance alerts, comprehensive reporting, and robust security features, including alerts for unauthorized access.

Customizable fields and lifecycle management track assets from acquisition to disposal while creating a connected asset ecosystem. Centralized warehouse management integrates with other Talygen modules for improved tracking and efficiency. Tracked Asset by Talygen delivers a powerful solution for comprehensive asset management, making it a top choice for businesses in 2024.