Published 27 Jan 2023
Asset tracking software is a tool used to monitor, manage, and report on the location, condition, and usage of assets. It helps organizations keep a close eye on a wide range of assets, including physical (e.g., vehicles, equipment, inventory) and digital (e.g., software licenses, intellectual property).
Free version: Available for teams of up to 10
Pricing: Premium plan $24/month (with a free 30-day trial period)
Platforms supported: Available on mobile app (iOS and Android) or a web-based software
Why use SafetyCulture?
SafetyCulture, the world’s leading asset tracking software, offers powerful tools to keep track of your assets across multiple locations. It allows you to create detailed logs of your items so that you can see who last used them and where they are at all times. With the app, you can also observe all activities for each asset and ensure that they are at peak condition for future use.
Why use Cheqroom?
Cheqroom is an asset tracking software specially designed for tracking and managing the use of equipment. With its robust tagging and reservation system, asset managers can ensure that the right tool gets into the right people.
Free version: None
Pricing: Starts at $100/month, billed annually (with a free 7-day trial period)
Platforms supported: Web, iOS, Android
Why use AssetTiger?
AssetTiger is a cloud-based tracking tool for an organization’s fixed assets. Using this tool, teams can log each item in their inventory and keep an eye on the movement of individual assets in one place.
Free version: Available for the first 250 assets
Pricing: Starts at $120/year (with free trial upon request)
Why use GoCodes?
GoCodes is a go-to software for keeping track of tools and equipment. Aside from its location capabilities, it also allows users to input information about each piece of equipment, such as service records and warranty details.
Pricing: Starts at $500, billed annually (with a free 15-day trial period)
Why use ClearPathGPS?
ClearPathGPS is an asset tracking tool ideal for small and medium-sized fleet service providers. This tool offers full visibility over vehicles and other assets to help fleet businesses gain insights in real-time, streamline their day-to-day operations, and prevent the loss of assets.
Pricing: Custom pricing (available upon request)
Why use Setyl?
As an asset tracking software, Setyl allows businesses to monitor their IT devices according to their status, location, and business unit. This tool comes with a scalable asset register, where users can log their devices with their specifications and supporting documentation.
Pricing: Starts at $249/month, billed annually (with a free 14-day trial period)
Platforms supported: Web
Why use Reftab?
Reftab is another good asset tracking software for keeping tabs on IT equipment and other assets. This tool allows IT teams to organize the item assignment process so that they can deploy items to the users who need them.
Free version: Available for up to 50 assets
Pricing: Starts at $30/month, billed annually (with a free 2-week trial period)
Why use Rentman?
Rentman is an asset tracking platform with flexible options to organize fixed assets. Audiovisual and event businesses can use this software to observe the movement of their assets across multiple locations so that they can see where their equipment is at any given time.
Pricing: Starts at €39/month (~$42.43) (with a free 30-day trial period)
Why use AssetCloud?
AssetCloud is an RFID asset tracking software for handling physical and IT assets throughout their lifecycle. It also offers features to prevent the loss of goods and ensure that items remain in good condition.
Pricing: Starts at $2,995, billed once (with a free 30-day trial period)
Why use Sortly?
As an asset tracking software, Sortly offers a simplified way to keep track of your items based on their condition, location, and type. It works for all business types and assets—from tools and equipment to IT peripherals and vehicles.
Free version: Yes
Pricing: Starts at $29/month, billed annually (with a free 14-day trial period)
Asset tracking software is beneficial for any business needing to monitor its physical and digital assets. For instance, the program gives them real-time visibility into the location and condition of their assets. This capability allows them to manage their assets better, which can help them cut costs while increasing efficiency. Moreover, with readily-available data, businesses can make informed decisions and improve their bottom line.
Companies of all sizes can use asset tracking software to keep track of their valuable assets. It’s useful for managing large inventories, tracing vehicle locations, and monitoring resource use and allocation.
Some examples of businesses that can benefit from this software include:
Organizations can maximize their asset tracking system when their software of choice has the following essential features:
An essential part of efficiently tracking your assets is the application or software you will go for. These programs come with a suite of tools at different price points for your needs. To help you decide which works best for you, here’s a summary of our top picks for asset tracking software:
* billed annually
Leizel Estrellas is a content writer and researcher for SafetyCulture. Her academic and professional training as a researcher allows her to write meaningful articles that create a lasting impact. As a content specialist, she strives to promote a culture of safety in the workplace through accessible and reader-friendly content. With her high-quality work, she is keen on helping businesses across industries identify issues and opportunities to improve every day.