Best IT asset management software in 2025

In 2025, businesses use more IT assets than ever before. Even industries that are not directly related to Information Technologies, like retail and healthcare, rely on software and cloud solutions to optimize core processes. To keep up with IT asset growth, managers use asset tracking software.

IT asset management (ITAM) tools track and organize all IT assets in a unified dashboard. Together with the Cybernews research team, I have overviewed a variety of such tools to pick the 7 best IT asset management services in 2025. Below, you will find their detailed descriptions with key features, industry focus, and additional benefits.

Best IT asset management software – shortlist

1. ManageEngine Asset Explorer – the best IT asset management tool overall
2. Certero – customizable IT asset management reports
3. Flexera – ITAM for large enterprise process automation
4. ServiceNow – robust ITSM with great asset management features
5. MMSoft Pulseway – remote monitoring with ITAM features
6. Asset Panda – cloud-based ITAM for all businesses
7. Ivanti IT Asset Management Suite – ITAM with real-time asset discovery

The best IT asset management software compared

	Best for	Free trial	Key features
ManageEngine Asset Explorer	Medium-size businesses	Yes, 30 days	Automatic asset discovery, integration with other Zoho tools, software license management and compliance
Certero	Businesses with a variety of software assets	Schedule a demo	Highly customizable reports, software license and compliance management, integration with Oracle and IBM tools
Flexera	Large business process automation	Schedule a demo	Financial and SaaS management tools, advanced asset discovery, business process automation
ServiceNow	Medium to large business growth	No	Informative asset reports, integration with ServiceNow ITSM, compliance management
MMSoft Pulseway	Remote business asset monitoring	Yes	Remote asset monitoring, asset event and security reports, supports basic ITAM functions
Asset Panda	Businesses with a variety of hardware and software assets	Schedule a demo, 14-day free trial on Google Play	Highly customizable service, excellent asset discovery, barcode scanning
Ivanti IT	Businesses with a complex IT infrastructure	No	Real-time asset discovery, integration with other Ivanti services, informative asset reports

7 best IT asset management software – our detailed list

Below is a detailed list of the 7 best IT asset management software. Keep in mind that many ITAM tools are industry-focused, so which one suits you most depends on your business demands.

1. ManageEngine Asset Explorer – efficient IT asset tracking with a free trial

Best for:	Medium size enterprises
Free trial:	Yes, 30-days
Starting price:	Depends on the contract
Top features:	Elaborate IT asset tracking, belongs to Zoho ecosystem, free trial, compliance management

Visit ManageEngine

ManageEngine Asset Explorer is a robust IT asset management software with a wide range of features. It belongs to Zoho Corporation and is fully compatible with other Zoho tools, like the ServiceDesk Plus and Analytics.

Asset Explorer supports agent-based and agentless monitoring and can be deployed on-premise or as a cloud solution. The service is scalable, but large businesses with specific demands may find customization a bit lacking.

Asset Explorer provides a unified dashboard to track hardware assets throughout their lifecycle and monitor software versions, licenses, and subscriptions. The selection of features may be overwhelming for new users, but Asset Explorer does not require in-depth ITAM knowledge.

The cost for this asset management platform depends on the number of assets, subscription plan, and additional features. Businesses must contact ManageEngine directly to get a quote, but there's also a 30-day free trial to try it out.

2. Certero – great ITAM for software asset management

Best for:	Medium to large business software asset management
Free trial:	Schedule a demo
Starting price:	Depends on the contract
Top features:	Software asset management, customizable reports, compliance management, advanced discovery

Visit Certero

Certero is an IT asset management system that excels in software asset management (SAM.) I recommend it for businesses looking to improve shadow IT transparency and an ITAM compatible with third-party tools.

This is one of the best IT asset management software solutions to reduce losses on unused software subscriptions. Certero offers a centralized platform to overview apps that are no longer used or don’t bring enough value anymore. It also outlines unlicensed apps and outdated software versions to improve cybersecurity.

Certero has several integrations with third parties, like managing Oracle databases or compliance with IMB platforms. It provides informative and customizable reports for business managers and shareholders, which include software usage patterns and cloud-based operations overview.

Similarly to many IT inventory management software, businesses must contact Certero directly to get a quote or negotiate a demo to try it out before buying.

3. Flexera – ITAM for process automation

Best for:	Large enterprise task automation
Free trial:	Schedule a demo
Starting price:	Depends on the contract
Top features:	Process automation, advanced asset discovery, wide selection of additional benefits

Visit Flexera

Flexera, similarly to Certero, also focuses on software asset management but emphasizes process automation and advanced asset discovery.

Flexera includes its IT inventory management software in the Flexera One bundle, so I recommend checking its other tools before buying. Alongside ITAM, it also offers IT data and financial operations analytics, a technology intelligence platform, and SaaS management tools.

Enterprises seeking an all-in-one business process management solution should consider Flexera as one of the best options. One of its strengths is process automation. From advanced asset discovery to software license and compliance reports, Flexera aims to meet business demands with minimal human interference.

Businesses can book a demo to familiarize themselves with Flexera IT inventory software capabilities. Otherwise, its pricing depends on the number of assets, deployment type, and required features, which is standard in the ITAM industry.

4. ServiceNow – robust ITAM for business growth

Best for:	Medium to large business growth
Free trial:	No
Starting price:	Depends on the contract
Top features:	Scalable ITAM, integration with ServiceNow ITSM, informative asset reports and compliance management

Visit ServiceNow

ServiceNow is a well-known IT service management (ITSM) platform with excellent ITAM capabilities. It is a scalable cloud-based service optimized to support and organize business growth.

I recommend ServiceNow to medium-to-large companies that expect steady growth. Although this tool is pricey, its ITSM features include finance and supply chain management, customer service management, cybersecurity enhancement, and, of course, IT asset management.

Regarding ITAM, it monitors hardware, software, and cloud assets throughout the whole lifecycle. Software management includes license and version lookup to verify compliance with regulations. One of the key ServiceNow strengths is its integration with other ServiceNow business tools, so this is a viable all-in-one solution for business growth.

Service now generally uses a custom pricing model based on individual business demands. Although it does not offer a free trial, it provides "personal developer instances" so that developers can familiarize themselves with the platform.

5. MMSoft Pulseway – remote asset monitoring and reporting

Best for:	Remote business asset monitoring
Free trial:	Yes
Starting price:	$27 per month
Top features:	Remote asset monitoring, real-time asset event alerts, software patch management and version reports

MMSoft Pulseway is a Remote Monitoring and Management (RMM) tool that also has ITAM capabilities. I recommend it to businesses that need a robust RMM solution with limited ITAM features.

MMSoft Pulseway focuses on remote monitoring with real-time alerts of critical events like system failures, server downtime, cybersecurity incidents, etc. It prioritizes a mobile approach so that IT experts can overview remote asset performance wherever they are.

This RMM service automates routine processes like script execution or system restarts but also offers additional asset management features. It discovers and organizes hardware assets like servers and workstations, as well as installed software and its version.

Although MMSoft Pulseway reporting is more focused on remote events, you can also get reports on remote asset usage, performance, and compliance issues. Some businesses focus more on asset performance, while management is secondary. In this case, MMSoft provides excellent remote monitoring with sufficient ITAM features for basic tasks.

6. Asset Panda – highly customizable asset management platform

Best for:	Businesses with diverse assets
Free trial:	Schedule a demo, 14-day free trial on Google Play
Starting price:	Depends on the contract
Top features:	Excellent customization options, efficient asset discovery, barcode scanning

AssetPanda is a highly customizable asset management platform. Although it is not a dedicated ITAM tool, it offers good IT asset management features adaptable to various industries.

This asset management tool focuses on all asset tracking, from manufacturing goods to software applications. Its customizable platform enables the creation of specific asset-tracking rules and industry-focused reports.

Similarly to MMSoft Pulseway, it also prioritizes a mobile approach so that managers have access to asset information on the go. I recommend this tool for businesses that control both physical and software assets, like retail and manufacturing, due to features like barcode scanning and warehouse inventory management.

However, it also provides ITAM features like software license management and compliance, as well as maintenance agreements and subscription details. Due to elaborate customization, all businesses can tailor AssetPanda to their specific demands if they have the required know-how.

AssetPanda lets you schedule a demo without any credit card details, or you can get a 14-day free trial on Google Play to try out its mobile app.

7. Ivanti IT Asset Management Suite – ITAM to organize large enterprise IT assets

Best for:	Large businesses with complex IT infrastructure
Free trial:	Schedule a demo
Starting price:	Depends on the contract
Top features:	Advanced asset discovery, integration with other Ivanti services, elaborate asset reports

Ivanti IT asset management, also called Ivanti Neurons for ITAM, is a comprehensive asset-tracking software. It offers real-time discovery and integration with third-party tools like Configuration Management Databases (CMDB.)

This asset-tracking software excels at asset discovery in real time and uses both agent-based and agentless discovery methods. It goes hand in hand with informative asset reports, which include information from the manufacturer to a device MAC address, as well as cloud asset data, security information, and more.

Ivanti asset management is compatible with other Ivanti services, like IT service mapping and endpoint management and security. I recommend this ITAM for businesses that control many assets and want to get in-depth reports throughout all of their lifecycles.

Businesses can schedule a demo to get a glimpse of its capabilities. Like with other ITAM tools on this list, a quote estimate is available by directly contacting Ivanti's team.

How did we select the best IT asset management software?

The best IT asset-tracking software depends on the business requirements, like the number of controlled assets, deployment type, scalability, and ease of use. Because it's not a one-size-fits-all scenario, I aimed to select tools that would fit a variety of business needs.

With the help of the Cybernews research crew, I gathered a list of IT asset inventory management software for businesses of all sizes. For example, Certero is best for large enterprises that utilize many software tools, while Ivanti suits all businesses that seek real-time discovery and elaborate reports.

Whenever possible, we aim to test all reviewed software. However, because ITAM tools are typically tailored to specific industry needs, a single person or even the whole research team cannot test specific features reserved solely for business process management.

However, we are dedicated to providing our readers with an unbiased ITAM review using other available methods. Firstly, I research chosen ITAM service details on its official website, as well as first-hand user reports on trustful software ranking platforms like G2, Gartner, Capterra, and alike. I also review user impressions on social networks like Quora and Reddit.

Once I have a list of noteworthy IT asset management software, I continue researching the exact features. Overall, I overview over 20 information points. My analysis includes asset discovery options (agent-based, agentless, or hybrid) and asset type focus (hardware, software, cloud assets, etc.)

I also double-check software license management, usage, and performance features, as well as cybersecurity benefits like compliance with GDPR or ISO 27001 security standards. In the end, I select ITAM tools that excel in their specific field with first-hand positive reviews to verify it.

What is IT asset management?

IT asset management is a process of tracking information technology assets throughout their whole lifecycle, from procurement to retirement. Compared to general asset tracking, ITAM is more focused on asset inspection and detailed reports to identify usage information, licensing and compliance issues, cloud service and SaaS subscriptions, and all other relevant details.

IT assets are not necessarily apps and programs but also include hardware. Computers, servers, routers, mobile devices, scanners, and printers are all IT assets. Nowadays, they also connect to the internet, so ITAM software should provide advanced asset discovery to inspect all hardware component versions and cybersecurity status to identify potential vulnerabilities.

Software assets are applications, operating systems, cloud SaaS services, embedded software (like router firmware or programs that power medical devices), and proprietary software developed for specific companies. Software asset management (SAM) is essential to meet compliance standards and minimize shadow IT, which wastes a lot of money due to ongoing but unused subscriptions.

ITAM software is becoming more popular due to several reasons. Firstly, businesses of all kinds are using more and more IT assets. You can find a computer nearly everywhere, but there's also a surge in IoT devices that also require monitoring.

Simultaneously, the development of cloud infrastructure lets businesses outsource some tasks to third parties. In time, the number of SaaS subscriptions increases, and ITAM tools reveal which ones are no longer needed or aren't functioning the way they should. ITAM is also essential for safe remote work to track all devices that connect to a company's network.

What are the types of IT asset management?

Asset management is essential to many modern businesses that seek to organize and monitor their resources. Modern enterprises often rely on third-party digital solutions, like SaaS and cloud-based tools, so keeping an eye on their performance reveals any bottlenecks. Here are the main ITAM asset management types in more detail.

Hardware asset management. Managing physical assets is relevant to businesses of all sizes. Even small companies of up to 10 people can have dozens of controlled IT assets, like work laptops, mobile devices, additional monitors, etc. Large enterprises that control thousands of assets may require a scalable ITAM compatible with IT Service Management (ITSM) and Enterprise Resource Planning (ERP) tools.

Software asset management. SAM is also relevant to small and big companies alike. In fact, small-to-medium enterprises should closely inspect software licensing and versions to ensure they are updated and without security vulnerabilities. Large businesses often deploy SAM to minimize shadow IT losses from hundreds of active but unused software subscriptions.

Cloud asset management. This type of asset management is becoming more widespread due to the ongoing popularity of cloud services. Companies that rely on cloud solutions like Amazon's AWS or Microsoft’s Azure use cloud asset management software to control subscription expenses and monitor performance.

Digital asset management. Marketing and advertising businesses often use digital asset management (DAM) tools to keep an eye on digital resources. Such assets include images, audio recordings, marketing recordings, product demos, as well as design files and other related documents. A unified DAM platform outlines what digital assets are available for a successful marketing campaign.

IT financial management. I recommend considering financial management (ITFM) to all business managers who feel like wasting time on spreadsheets. ITFM tools provide accurate cost models, precise budget forecasting tools, and a unified dashboard to act as a single source of truth regarding all financial aspects.

Why is IT asset management important?

ITAM tools are becoming widespread as more and more companies embrace digital solutions. Tracking physical, software, or financial assets is highly beneficial to keep things organized, but ITAM services also improve cybersecurity and assist with compliance.

Outdated programs are risky. Businesses can rely on dedicated computer inventory software to spot and alert about unpatched app versions. Cybercriminals often target devices that run outdated programs because they have vulnerabilities. What's more, all businesses can become targets, and even small companies should take care of cybersecurity and compliance if they collect and store user data.

Cost reduction is another critical ITAM benefit. Tracking physical assets reveals how many devices are at the end of their lifecycle and will have to be replaced soon. Simultaneously, companies lose thousands of dollars on active but unused software applications, which are hidden among hundreds of programs that large enterprises utilize.

ITAM is also important for streamlining various business operations. Procurement relies on clear and accurate ITAM reports to order required volumes of IT equipment, while technical support gets data on asset issues to improve troubleshooting. Shareholders can overview all asset management aspects from a single dashboard, which acts as a single point of truth to improve communication company-wide.

ITAM software is particularly popular in the healthcare industry. Tracking medical equipment performance is paramount to ensure patient safety and deliver the help they need on the spot. Identifying medical devices that are at the end of the lifecycle allows replacing them faster to continue providing top-quality healthcare.

Features of IT asset management software

To understand what is unique about IT asset management tools, let's overview features that set them apart from standard asset management.

AI-powered asset tracking. AI is a competent process automation tool. It enables advanced asset discovery to identify each new device that connects to a company's network or newly installed software on employee devices. Simultaneously, AI algorithms can identify anomalous asset behavior, like a computer virus, or predict and even diagnose technical issues.

Automated compliance monitoring. Meeting strict compliance regulations like the GDPR is challenging. What's more, companies that use personally identifiable information (PII) as a business model must ensure client data safety or risk getting into legal trouble. An ITAM tool ensures that assets meet security standards, like data encryption and cybersecurity software updates.

Multi-cloud support. Companies that use multiple cloud services should pick an ITAM optimized for cloud asset tracking. It lets business managers and shareholders overview assets stored on separate cloud servers in a single dashboard. A suitable ITAM for cloud asset management should handle API integrations to get information from the cloud in real time.

Cost optimization tools. Saving money is one of the most valued ITAM features. Asset tracking tools reveal the total cost of ownership (TCO) so that business managers can compare it to expenses, spot underperforming assets, and redistribute funds accordingly.

Integration with IT service management (ITSM). ITAM and ITSM compatibility is essential for sharing information about changes and incidents to specific assets. For example, whenever an ITSM platform receives notice of a specific problem, it can fetch asset data from ITAM to speed up resolution.

Benefits of IT asset management software

To give you a better understanding of how IT asset management tools improve your business processes, let's overview the exact ITAM benefits in more detail.

Reduced IT costs. Growing businesses soon face challenges that require dedicated software, and the number of apps quickly adds up. The best IT asset management software organizes all programs in a single dashboard outlining version, compliance, and TCO information. This way, business managers can cut unnecessary subscriptions to reduce IT costs.

Improved asset lifecycle tracking. ITAM tools track assets from acquisition to disposal. Automatic asset monitoring ensures that the information is always up to date and free of human error. Asset information includes warranties, (software) version, maintenance history, and all other data relevant to specific assets.

Enhanced security and compliance. With a widespread reliance on digital solutions, businesses are obligated to ensure safe application performance. ITAM tools help locate outdated and risky programs to fix security vulnerabilities promptly. At the same time, informative and organized reports are beneficial for audits to verify that the company is compliant with regulations.

Increased operational efficiency. ITAM tools streamline business operations in several ways. Firstly, process automation speeds up development without wasting human resources. A unified dashboard improves cross-team communication, which is a big issue in large companies. Lastly, asset lifecycle monitoring improves procurement and new asset deployment.

Better decision-making through analytics. Businesses that base their decision-making on verifiable facts outperform competition and maximize the chance of a successful investment or a profitable marketing campaign. Informative ITAM reports and an intuitive dashboard provide information critical to asset deployment based on analytics.

How to choose the right IT asset management software for my needs?

ITAM tools are often industry-focused, so there's a lot to consider before making a long-term commitment. For example, manufacturing and energy sectors have different demands than software development or e-commerce enterprises and require a suitable ITAM solution. Here's what I recommend considering to select the best choice for your needs.

Firstly, pick an ITAM software according to your business size. Large companies may require an on-premise ITAM that's highly customizable but also requires professional deployment and future maintenance. On the other hand, small businesses typically seek an affordable and beginner-friendly solution to monitor assets and generate simple reports.

Proceed to evaluate your IT structure complexity and asset type. Do you have more hardware or software assets? Do you control most of your business assets or outsource them to third parties? Do you rely on cloud and SaaS applications a lot? After answering these questions, you will have a better understanding of what ITAM tool is best.

I also recommend verifying that your chosen ITAM tool supports both agent-based and agentless discovery methods. This way, you can get in-depth usage information from devices with a tracker while efficiently discovering new assets that are yet without trackers but already on a company's network.

Lastly, consider the budget. On most occasions, you will be contacting ITAM service providers directly for a quote estimate, so calculate the foreseeable budget before starting negotiations. Simultaneously, pick a scalable tool that sustains growth without adding any hidden costs, like extra modules, advanced tech support, and data migration fees.

Final word on best IT asset management software

It's best to always consider your business needs first before researching the best IT asset management software. Some ITAMs are heavily focused on large enterprises with features to monitor hundreds of endpoints. However, such features are generally an overkill for small to medium businesses that seek an affordable solution.

Assisted by the Cybernews research team, I selected 7 best IT asset management software for various enterprises. Small to medium companies should take a look at AssetPanda, which is highly customizable and easy to use.

Meanwhile, large businesses should take a look at ManageEngine Asset Explorer or Flexera. These scalable ITAM tools provide agent-based and agentless discovery methods and in-depth reports to outline software performance and compliance details. I also recommend scheduling a demo whenever possible to take a peek at each tool's capabilities.

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