How to Pick the Best Software for Your Asset Inventory Management Needs

Searching for the right software for your asset inventory management needs? Where do you begin? A Google search will deliver you page upon page of results. There are actually a number of critical differentiators, however, among those products. And they can make all the difference in the ultimate success of your asset inventory management efforts.

First, you’ll want to consider ease of use. A website doesn’t often tell you how relatively easy or difficult it is to use the product in question, so you may wish to check out user reviews for more insight. Ease of use is vitally important. If your software requires a great deal of training to master, your asset inventory management efforts will receive minimal buy-in from stakeholders who either don’t have the time or are simply intimidated by the technology. The more streamlined the system, the easier it’s likely to be to understand, and the more buy-in you’ll have from employees throughout your organization. That doesn’t imply that you should choose a less powerful software; instead, seek a solution that offers power along with an intuitive user interface. You’ll notice, too, that some asset inventory management products require you to purchase additional hardware, software and the associated software licenses, all of which add to your cost.

Second, flexibility and customization are key. A one-size-fits-all software likely won’t address all of your asset inventory management needs. Every organization is different. You should find a solution that adapts to how you work today and will continue to adapt as your needs change in the future. Customization is related to ease of use. You’ll want to find a product that enables you to control the way your data is displayed and organized, import and export data easily, and set customized parameters like role- or location-based security. From time to time, you’ll also want to be able to create reports, notifications, and alerts according to specific criteria.

Third, features are important. You may not need some of them now, but you might later as your business needs change. The best asset inventory management companies are continually researching and seeking feedback from their clients about the features they need to conduct business. Ideally, you should be entitled to all of those features at one flat cost.

Speaking of pricing, if you’re going to promote accurate and efficient asset inventory management procedures, you want a solution that doesn’t place a fee-based limit on the number of users you have.

With Asset Panda, you get all of this and so much more. Our free mobile apps, available both for iOS and Android, sync with the cloud, so your data is served up in real time. You won’t need any additional hardware, software or software licenses to use Asset Panda; only the mobile devices you already carry. The app includes a mobile barcode scanner, as well. Everything you need to track and manage your inventory lives in the palm of your hand. You’re entitled to an unlimited number of users at no additional fee, and every Asset Panda client receives full access to our complete and totally customizable features offering, which is expanding all the time. From the custom dashboard to the columns, fields, notifications, reports, alerts, security settings and more, you control your data’s display and organization. Our free apps have been designed to be intuitive and simple to use; no training is required.

At any time of day, view the complete maintenance history of any item, its insurance policy information, appreciation/depreciation figures, exact location and check-in/check-out status. Create work orders and even use Asset Panda as an enterprise service desk, if you wish.

Clients throughout the world trust Asset Panda to help them manage and track millions of dollars’ worth of assets and inventory. Find out why – start your free 14-day trial. To get started, visit

Courtney Roush

Courtney Roush is a freelance writer, editor, and communications strategist with 25 years of experience. Her favorite discipline is crisis communications – and it’s a highly relevant one in our present times.

Learn more from an Asset Panda expert

Get a FREE consultation with an asset tracking expert to find out how you can transform your asset tracking