Asset Tracking Software

Get the best asset tracking software for your business. Compare product reviews, pricing below. Read our buyer’s guide for more help.

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Where is the Tool? Who Checked it Out? What Service is Due? Is it Under Warranty? These four questions represent common problems in Asset Tracking and Maintenance. FlowTrac has a solution that can help you answer these types…
Platforms
Web
Deployment
Hosted (cloud-based)
This fully integrated module enables asset managers to carry out low cost physical audits on barcoded or RFID tagged assets and inventory items using the latest in data capture technology. A handheld unit uses an interactive…
Platforms
Web, Windows
Deployment
Hosted (cloud-based)
TME (Traceability Made Easy) is a cloud-based software solution that provides customers with Asset Management & Reconciliation, Tracking & Genealogy, Inventory/Warehouse/Spare Parts Management, Maintenance Management, Work…
Price Range
$ $ $ · ·
Starting Price
$500/month
Platforms
Web
Deployment
Hosted or Local
Regardless of the type of business, safety, security, and protection are important concerns of every employer. Safety and security for their employees, residents, and/or visitors are always first and foremost. TransitionWorks…
Asset Tracking Software for Microsoft Windows, Palm, PocketPC and the Web. What is WiseTrack Corporate and how will it work for you? The WiseTrack Corporate product is an out of the box solution that offers you flexibility…
Platforms
Windows, Web
Deployment
Hosted (cloud-based)
Hundreds of organizations in virtually every industry use RedBeam to track fixed assets, inventory, parts and supplies anything with a barcode label. Clients in manufacturing, warehousing, distribution, retail, military…
Platforms
Web, Windows
Deployment
Hosted (cloud-based)
Every organization has assets that are critical to its operation, so GigaTraksm Asset Tracking and Asset Management - both versions of Inventory Control - can be crucial to business operations. With our asset control…
Platforms
Windows
RFID Asset Tracking made easy! Use RedBeam RFID Asset Tracking to track computers, equipment, furniture, vehicles and other valuable assets using this comprehensive fixed asset tracking application and powerful RFID (Radio…
Platforms
Windows
This customizable extension of QR Inventory application helps you completely automate asset and equipment maintenance. From asset tracking, to accessing and ordering parts, to conducting inspections and audits - all can be…
Platforms
Web
Deployment
Hosted (cloud-based)
You need to maintain an accurate inventory of your valuable fixed assets, including computers, phones, office equipment, and office furniture. Some organizations need to count fixed assets once or twice a year, but are…
Keeping track of tools, production tooling and specialized equipment is a labor-intensive process, especially in manufacturing. No matter how big your business is, tracking tools is critical to your efficiency. Tool tracking…
Platforms
Windows
EAM Enterprise, a comprehensive enterprise asset management solution, lets you keep a constant watch on your asset condition and performance, evaluate data to find key trends and anomalies, forecast performance concerns, and…
Platforms
Web, Windows
Deployment
Hosted or Local
Fiix Inc. creates easy-to-use, intelligent maintenance management software that empowers businesses to organize their maintenance departments and turn data into actionable insights. Its innovative, multi-tenant cloud-based…
Price Range
$ $ · · ·
Starting Price
$40/month/user
Platforms
iOS, Android, Web
Deployment
Hosted (cloud-based)
There are two crucial components that ensure the success of any CMMS (Computerized Maintenance Management Software) deployment. And, although they might seem fairly obvious, they often get forgotten during the product…
Price Range
$ $ · · ·
Starting Price
$45/month/user
Platforms
Mac, Windows, iOS
Deployment
Hosted or Local
Hippo CMMS is a maintenance management software tool for organizations of all sizes. It is a SaaS solution which is quick and easy to implement. Hippo CMMS offers a customized interface which can be designed to suit users…
Price Range
$ $ · · ·
Starting Price
$42/month
Platforms
Web
Deployment
Hosted (cloud-based)
Simplify the checkout process using CHEQROOM’s equipment checkout software and barcode scanning app Eliminate Spreadsheets: Check out equipment and just scan QR code labels for instant and accurate data entry. All from your…
Price Range
$ $ · · ·
Starting Price
$25/month
Platforms
Web
Deployment
Hosted (cloud-based)
Service Pro, MSI Data’s flagship field service software, provides an easy to acquire and easy to deploy solution for managing all aspects of enterprise wide service management, including call center, dispatch, contracts…
Platforms
Mac, Web, Windows
Deployment
Hosted or Local
National Technology Services Warehouse Management System (NTSWMS) is a very cost-effective bundled software/hardware solution for managing inventory quantities, locations, and history. The minimum configuration includes a…
Platforms
Windows
eMaint’s state-of-the-art CMMS system can be tailored to meet the exact specifications of any maintenance, facilities or operations department and saves companies valuable time and money by better organizing, planning and…
Starting Price
$33/month/user
Deployment
Hosted (cloud-based)
iMaint is an industry-leading computerized maintenance management software (CMMS)/enterprise asset management (EAM) solution that’s helped organizations resolve critical maintenance challenges, maximize ROI, enhance…
Price Range
$ $ $ · ·
Starting Price
$60/month/user
Platforms
Web, Windows
Deployment
Hosted or Local

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Asset Tracking Software Buyer’s Guide

Your business uses a variety of tools, heavy machinery, and equipment that get moved around between employees and departments and rely on asset tracking software to keep operations running smoothly.

This buyer’s guide will go over:

What is Asset Tracking Software?

Asset tracking software helps users keep track of and optimize the use of an organization’s physical assets including equipment, tools, and machinery. These systems commonly help with work orders, maintenance schedules, location tracking, and managing equipment rentals.

Assets are labeled or tagged with barcodes or RFIDs to retrieve information like where the asset is, how it’s being used and who is using it, and when it will be returned. GPS and Bluetooth also provide real-time location tracking.

In some cases, depending on what your company’s unique needs are, an asset tracking software isn’t ideal:

  • If your business relies heavily on some machinery and equipment uptime is a high priority, a CMMS system would be a better choice.
  • A business that relies heavily on maintaining a bunch of company vehicles should look into a comprehensive fleet management software.
  • If your business needs to only track computer hardware and software, an IT asset management software will work best.

Common Use Cases

There are many uses for asset tracking software across a variety of industries. Some examples include:

  • Manufacturers tracking the equipment they own, the location of the equipment, and who is using it.
  • Contractors tracking tool rentals for workers.
  • Healthcare facility managers tracking the use and location of personal protective equipment (PPE).
  • Building maintenance managers needing to track the service schedule of things like smoke detectors or HVAC units.
  • Fire departments looking to track location and maintenance/replacement schedules for fire extinguishers.

Features of Asset Tracking Software

Functionality Description
Work Order Management Users can create, review, and assign work orders with information on what work needs to be done, how the work should be done, and what equipment is needed for the job.

Knowing what equipment you have and making sure it’s updated and functioning properly is especially important for efficiently completing work orders, so work order management is often included with asset tracking software.
Asset Tagging Tagging assets with a barcode, QR code, or RFID allows users to scan the equipment or machinery to provide valuable information about it including where it’s located, who is using it, how much it cost, and when the next maintenance should be performed.
Location Tracking Using Bluetooth or GPS tracking, users can see the current location of the asset. You can also monitor location history tracking to see where it’s been in the past.
Warranty & Insurance Info Tracking Keep track of warranty coverage length and restrictions, as well as important insurance information on the equipment or machinery.
Rental Tracking Whether employees are checking in and out company equipment or you’re renting out machinery to customers, rental tracking is important for knowing who has it or used it last, and when it needs to be returned by.
Spare Parts Inventory Tracking Inventory tracking in an asset tracking software is used for keeping a record of spare parts needed to perform routine or emergency maintenance on a company’s machinery or equipment. Data including what/how many parts are currently available, where the parts were bought, how much they cost, and if/how many more parts were ordered can be tracked.

Benefits of Asset Tracking Software

  • Improved maintenance scheduling and tracking. Asset tracking software can record things like when a machine or piece of equipment was purchased, the date of the last time it was serviced, and the next date that preventative maintenance should be completed to keep it in top working condition. Notifications can be sent to inform you when something is coming due for maintenance, so you can take care of it before a might arise.

    Having these records stored in a single system makes it much faster to find information on the equipment or machinery you’re looking for without having to look through tons of paperwork or spreadsheets if you’ve been using pen-and-paper or excel for asset tracking.

  • Preventing theft and loss. Having a record of who checked in and out a piece of equipment, machinery, or tool, and knowing when it was last in use makes it easier to track down the asset. Having this information recorded will make employees be accountable about where the equipment is if they were the last one using it, deterring them from losing or taking it.

  • Increase employee productivity. If a user needs to know the location of some equipment or who currently has the equipment, asset tracking software can provide this information through barcoding, RFID tagging, or GPS tracking. The user won’t have to waste time looking around the facility to locate what they’re looking for.

Common Pain Points

  • Can’t automate or predict maintenance schedules of assets. An asset tracking solution will usually only be able to give you information on when a part or piece of equipment should be replaced or serviced, but it won’t provide automated condition monitoring. Companies that need to be able to predict maintenance before a problem occurs to maximize uptime should look into CMMS software.

  • Can’t provide lifecycle reporting and analytics. If you need to track lifecycle reporting and analytics to guide future purchasing decisions or manufacturing workflow improvements, EAM software is a better option.

  • Cloud software and mobile use. Asset tracking on cloud-based software is growing in popularity as the use of mobile devices rises. Users want the ability to be able to track physical assets from anywhere, whether they’re in a different building or on a job site. Having the data about assets and maintenance schedules at your fingertips reduces the time spent going back and forth between the office and a worksite.

  • Real-time tracking. Being able to track where physical assets are in real-time will become important to many types of companies as technology advances.

    For example, GE Healthcare introduced a wireless asset tracking solution, called Encompass, that uses Bluetooth LE technology to help hospitals keep track of locations and inventory of important equipment in real time, allowing medical teams to spend less time looking for tools or equipment and more time on patient care.

    GPS tracking can also be used to determine where company vehicles are, how far they’ve traveled, and arrival times to a customer or job site. Some software also lets dispatchers see real-time traffic and weather conditions to relay to drivers. This information can be used for maintenance scheduling as well as optimizing driving routes to improve delivery and arrival times.