Automations

7 Best IT Asset Tracking Software Solutions for 2025

7 Best IT asset tracking software solutions: 1. Level 2. Teqtivity 3. InvGate 4. ManageEngine 5. ServiceNow IT 6. Asset Panda 7. Atera

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Wednesday, January 8, 2025

7 Best IT Asset Tracking Software Solutions for 2025

As an IT leader, it is your responsibility to track all your organization’s hardware assets and software licenses.

Without a proper system in place, you risk misplacing devices and forgetting license renewals. This can lead to wasted time and money.

Fortunately, IT asset tracking software makes it easier to monitor and manage assets across different locations. It provides a centralized view of hardware and software inventory to help you stay on top of changes within your company.

In this guide, we’ll cover the best IT asset tracking software solutions for 2025. We'll also discuss their benefits and steps to choosing the right platform.

What is IT Asset Tracking?

IT asset tracking is the process of monitoring and managing all the hardware, software, and digital assets within an organization. It helps you know exactly where your assets are, how they’re being used, and when they need updates or replacements.

This process is a key part of IT asset management (ITAM), which oversees your IT environment from a broader perspective.

While ITAM includes strategy and lifecycle planning, asset tracking focuses on daily operations. Together, they help you reduce costs, improve IT service delivery, and increase efficiency within your organization.

Top 7 IT Asset Tracking Software Solutions

Below are the best asset tracking software tools to consider.

1. Level

Level RMM

Level offers a modern remote monitoring and management (RMM) platform with IT asset inventory tools. It consolidates all hardware and software assets within your organization. This makes it easier to track every device, regardless of your location.

Level also allows you to filter and sort asset data by criteria. It guarantees quick navigation and seamless access to your company's remote endpoints.

Plus, Level offers an extensive view of each IT asset. It includes detailed specs, such as CPU, RAM, operating system, and installed applications, for better oversight.

This platform even provides access to your asset history. It enables you to review user interactions, predict future incidents, and monitor performance metrics for more informed decisions.

On top of these benefits, Level boasts powerful tools for automation, patch management, scripting, and security.

Key Features

  • Central dashboard: It allows you to view, track, and manage IT assets from a single browser, which you can access via desktops or mobile devices.
  • Filtering options: It can filter and sort through endpoints by department, role, or location for hassle-free access.
  • Audit trail: Level offers a detailed history of each asset to support better decision-making and predictive analysis.
  • Automation tools: It can automate patch management, access provisioning, endpoint organization, and remediation for common issues.
  • Security protocols: It can secure IT assets via encryption, multi-factor authentication (MFA), IP restrictions, and other safeguards.

Pricing

Level offers straightforward pricing at $2 per endpoint per month, with a minimum monthly charge of $20. This pay-as-you-grow model makes sure you only pay for the endpoints you manage. It allows costs to scale with your company's growth.

Level also provides a 14-day free trial for new users.

Book a demo today!

2. Teqtivity

Teqtivity
Source: Teqtivity.com

Teqtivity offers a smart and efficient way to manage IT assets. It helps you track hardware, software, and inventory from one unified platform.

This IT asset management software also provides asset histories, which include each device's point of origin, storage location, and assigned users.

Additionally, Teqtivity can support lifecycle tracking. It gives you complete visibility of all assets, from their procurement to disposal.

It can even generate real-time insights and advanced analytics. These built-in reporting capabilities help you meet compliance requirements.

Key Features

  • Asset lifecycle tracking: It monitors assets from acquisition to disposal for complete visibility and control.
  • Detailed asset history: It provides an overview of each device's point of origin, inventory, and user permissions.
  • Real-time analytics: The platform offers actionable insights to improve asset management strategies.
  • Custom asset management solution: Teqtivity customizes the software to meet unique business processes and maximize return on investment (ROI).

Pricing

Teqtivity offers two pricing tiers: Growth and Growth Plus.

The Growth plan is designed for one to five users. It includes access to unlimited assets, customer support, workflows, and reports. It is priced at $72 per user every month.

Meanwhile, the Growth Plus version requires a minimum of five users. The pricing details are hidden and only available upon request.

3. InvGate

InvGate
Source: InvGate.com

InvGate offers an advanced IT asset management platform that can be deployed on-premises or over the cloud. It gives you full visibility into all network-connected IT assets, including physical, virtual, and cloud assets.

Thanks to real-time insights, InvGate helps you proactively identify and address threats. It prevents potential security breaches and operational disruptions.

It can also improve compliance by setting custom rules over devices. For example, it can automatically spot non-compliant devices and categorize them based on specific criteria.

Plus, InvGate can generate detailed reports. These insights help you reduce unnecessary expenses and optimize IT spending.

Key Features

  • Unified solution: It keeps all hardware and software details in one place for easy access.
  • Proactive threat detection: It can quickly identify rogue devices, vulnerabilities, and compliance gaps to mitigate risks.
  • Custom business rules: InvGate allows you to set custom rules over assets to improve compliance.
  • Advanced reporting: It generates precise data insights that make it easier to cut down on costs and allocate IT budgets.

Pricing

InvGate's IT asset management tool charges businesses per node.

The cheapest plan, Starter, costs $0.21 every month. It includes access to 500 nodes.

Meanwhile, the Pro version is priced at $0.38 per month. It suits organizations that need between 501 and 10,000 nodes.

InvGate also offers custom pricing for large enterprises. It allows you to choose the number of nodes and the location where to deploy the software (on-premises or cloud).

4. ManageEngine Asset Explorer

ManageEngine Asset Explorer
Source: ManageEngine.com

ManageEngine AssetExplorer provides complete visibility and control over your devices. It can monitor both hardware and software assets throughout their lifecycle, from purchase to expiration.

AssetExplorer also includes automated asset discovery. It can instantly detect devices that connect to your organization's network. It helps you spot and address unauthorized endpoints right away.

This flexible asset management software even includes a configuration management database (CMDB). It can store all asset data to provide a single source of truth for your company's systems.

Key Features

  • Instant asset discovery: It discovers all hardware and software assets within the network for extensive device tracking.
  • Lifecycle management: AssetExplorer uses drag-and-drop workflows to oversee each endpoint's lifecycle.
  • Configuration management database: It stores detailed asset information to support IT service management (ITSM) initiatives.
  • Custom reports and dashboards: These provide real-time insights into asset performance through illustrative charts and graphs.

Pricing

The cost of ManageEngine AssetExplorer depends on the number of assets managed.

If you want to oversee 250 IT assets, expect to pay a monthly fee of $115.

But if you need to manage 10,000 IT assets, prepare to shell out $1,545 every month.

5. ServiceNow IT Asset Management

ServiceNow ITAM
Source: ServiceNow.com

ServiceNow's IT asset management tool helps businesses manage their hardware, software, and cloud assets on a single platform. It automates lifecycle tracking to minimize costs and risks.

ServiceNow also offers deep insights into each device through the executive dashboard. It allows IT leaders to view an asset's health, total spend, actual and potential savings, fulfillment time, and end of lifecycle. This supports better decision-making.

Plus, the platform includes tools for contract and renewal management. It can notify IT teams when software licenses are expiring so they can prevent unnecessary costs and penalties.

Key Features

  • Lifecycle automation: ServiceNow automatically tracks and manages assets, from procurement to disposal.
  • Asset management dashboard: It offers an executive-level dashboard that provides detailed insights into each asset.
  • Contract and renewal management: It provides guided actions so you can negotiate contracts and stay on top of renewal dates.
  • Asset onboarding and offboarding: It gives new users correct access to the necessary tools. It also guarantees that exiting employees instantly lose permission rights to digital assets.

Pricing

ServiceNow IT asset management software offers customized pricing tailored to an organization's specific needs.

6. Asset Panda

Asset Panda
Source: AssetPanda.com

Asset Panda is a popular cloud-based asset management platform. It lets you track and oversee all devices within your network from any location, as long as you have an internet connection.

What sets Asset Panda apart is its ability to track computers alongside vendor contracts. This allows you to access warranty information, user manuals, and action histories on one platform.

Asset Panda also has extensive integrations. It connects the asset management system to your existing tech stack. This eliminates the need for manual data entry, which can be time-consuming and error-prone.

Key Features

  • Cloud-based mobile platform: It enables asset tracking and updates through the browser or a mobile app.
  • Contract management: It can track contracts to prevent missed renewal deadlines and non-compliance with vendor terms.
  • Seamless integrations: It creates a single source of truth by integrating with your existing systems.
  • Platform onboarding: The professionals at AssetPanda will set up and configure the IT asset management tool to meet your needs.

Pricing

Asset Panda follows an asset-based pricing model. It includes unlimited users, custom integrations using APIs, and customer support.

The actual cost of the asset management software is hidden. Businesses should get a quote from Asset Panda's website.

7. Atera

Atera
Source: Atera.com

Atera integrates RMM, professional services automation (PSA), and IT automation tools in one platform. While it's not a typical asset management system, it offers real-time network discovery capabilities.

Atera allows you to track and manage all digital assets within your organization. It notifies you when a new device is connected to your network so you can prevent data breaches.

This IT management software can also integrate with Windows Active Directory Domain Services. It provides extensive visibility into computer assets on a specific domain or subdomain. 

It can break down important information, such as operating system versions, servers, workstations, and SNMP devices.

Key Features

  • Network discovery: It offers a 360° view of network devices for extensive asset management.
  • Automatic system scanning: It can monitor endpoints connected to Active Directory and Workgroups.
  • AI-powered platform: It can process asset data, optimize resources, and resolve issues using AI.
  • Integrated software: It combines RMM, PSA, and automation features in one platform.

Pricing

Atera offers different paid plans for in-house IT departments and managed service providers (MSPs). However, it follows the same per-technician pricing structure.

It charges IT teams a minimum monthly fee of $149 for the Professional plan. Meanwhile, the Master edition costs $219 per month.

Atera's pricing for MSPs ranges between $129 and $209 every month. Enterprise plans are also available, but their pricing details aren’t shown on the website.

Benefits of Using Asset Tracking Software

After learning the top IT asset tracking solutions, you might be curious to know if it's worth investing in one. Here are the benefits of using this platform:

Improve Asset Visibility and Control

Manually tracking every IT asset is improbable, especially if you manage a global team.

Asset tracking software makes the impossible possible. It consolidates all your digital assets, from hardware devices to software licenses. This makes it easier to locate missing equipment or identify devices connected to your network in real time.

Improved visibility helps you stay in control and avoid unnecessary purchases.

Optimize Asset Utilization

IT asset tracking software lets you know exactly how resources are being used within your organization. It prevents duplicate licenses and overpurchases.

It also allows you to reallocate underused resources so you can get more value from your investments.

Enhance Security and Compliance

Asset tracking software can protect sensitive data by ensuring devices are accounted for and securely managed.

It also simplifies compliance by tracking software licenses and regulatory requirements. This helps you maintain compliance and avoid data breaches.

Boost IT Productivity

Asset management software can automate repetitive tasks like audits, inventory updates, and license renewals. This frees up your team to focus on more strategic projects.

It also enables IT to respond faster to issues and manage resources more efficiently. The result is–more productive employees.

Reduce Operational Costs

Lastly, asset tracking software can minimize business costs by preventing untracked or misplaced assets.

It can also monitor asset usage and help you comply with the vendor's terms and conditions. This reduces the risk of non-compliance penalties.

The platform even helps predict future needs so you can plan your budget wisely. Over time, this leads to significant cost savings and better financial planning.

Criteria for Choosing the Right Asset Tracking System

To maximize the benefits of asset tracking software, you should select the right platform. Below are some tips to follow:

Evaluate Ease of Use and Integration

A complicated interface can slow down adoption and lead to errors.

This is why it's important to choose an easy-to-use asset tracking software. Look for intuitive dashboards, filtering options, and straightforward navigations.

You should also check if the software can integrate seamlessly with your existing tools, such as helpdesks and ticketing systems. This guarantees smooth workflows and reduces manual data entry.

Compare Key Features

Not all asset tracking systems are created equal. You should focus on features that matter most to your business.

Do you need automated asset discovery, customizable reports, or real-time tracking? Or perhaps, you're seeking a unified RMM and PSA software with asset tracking tools.

List down must-have features before evaluating options.

Prioritize Security

Choose asset tracking software with strict security protocols, such as encryption, access controls, and audit trails. 

These help you protect sensitive information against security breaches and cyber threats.

Analyze Cost

Budget always plays a big role in your decision. Select an asset tracking platform that provides the features you need without unnecessary extras.

You should also consider the pricing structure. Is it subscription-based, or do you pay per asset or user?

Beyond the initial price tag, you should also evaluate long-term ROI. You want to invest in a tool that pays for itself by saving time and optimizing resources.

Read Online Reviews

Don’t rely solely on vendor claims. Always check online reviews from businesses similar to yours.

Pay attention to both the pros and cons mentioned by users. These can reveal practical insights about the software’s performance, reliability, and customer support.

Try Software Trials and Demos

Most software vendors offer free trials or live demos. Take advantage of these to see how the software works in real-world scenarios.

You can test the interface, features, and responsiveness of customer support. This is the perfect opportunity to evaluate if the asset tracking solution meets your expectations.

Automated IT Asset Tracking with Level

Level automates IT asset tracking

Level is a complete IT asset tracking solution designed to simplify business operations. It offers real-time visibility into your entire inventory from a single, user-friendly dashboard.

Level also features automated tracking, detailed device overviews, and customizable filters to improve control over endpoints.

Plus, Level includes RMM tools, scripting capabilities, and security measures to transform how you manage IT devices.

Whether you manage an in-house IT team or run an MSP business, Level can adapt to your organizational needs.

Book a demo or try Level free for 14 days right now!

FAQs About IT Asset Tracking Software

What is the best asset tracking software?

The best software depends on your needs and budget. Level is a great choice if you're seeking a modern, intuitive, and cost-effective asset tracking platform.

What is an IT asset management system?

It refers to a digital tool that tracks and manages a company's IT assets, from hardware to software. It helps with compliance, cost control, and optimizing resource use.

Which software is best for asset management?

The best asset management software solution varies based on your requirements. If you need to track asset lifecycle, consider options like Teqtivity and ManageEngine AssetExplorer. But if you want an all-in-one solution that goes beyond asset management, Level and Atera are top choices.

Level: Simplify IT Management

At Level, we understand the modern challenges faced by IT professionals. That's why we've crafted a robust, browser-based Remote Monitoring and Management (RMM) platform that's as flexible as it is secure. Whether your team operates on Windows, Mac, or Linux, Level equips you with the tools to manage, monitor, and control your company's devices seamlessly from anywhere.

Ready to revolutionize how your IT team works? Experience the power of managing a thousand devices as effortlessly as one. Start with Level today—sign up for a free trial or book a demo to see Level in action.