Asset Management Software for Keeping track of all Computers, Servers, Devices in your Company

best asset management software and tools

Marc Wilson

Businesses rely on IT for almost all aspects of their daily operations and functions.

From wireless access points, workstations, mobiles, printers, to software and middle-ware.

Maintaining control of a complex and dynamic IT environment can be quite overwhelming, and requires a particular set of skills and tools.

The right IT asset management ITAM software can help automate tedious processes, keep track of every asset through detailed inventories, and even deal with non-IT resources like licenses, warranties, and even contracts.

Why is Asset Management Software Important?

IT Asset Management (ITAM) is a set of technologies and methodologies that help support IT asset life-cycle management and smart decision-making within an IT environment.

Some of these methodologies include scanning, inventorying, license management, reporting, and more.

The ITAM software is usually designed around the idea of helping manage assets throughout all their life-cycle phases:

  1. Plan
  2. Develop/Acquire
  3. Deploy
  4. Usage
  5. Maintain/Upgrade
  6. Decommission/Retire

IT Asset Management has always been performed through lists and spreadsheets, but this becomes a near-impossible task in today's complex IT environments.

ITAM software helps the IT manager automate all of these processes, so the manager can focus on improving, maximizing every resource, and reducing risks.

The software can also help maximize business expenses by identifying underutilized resources and optimizing their usage.

The solution can also prevent downtime by keeping track of licenses and their End-Of-Life (EOL).

Some ITAM solutions also come with automation capabilities. They can automate scans, processes, and tasks, updates, and more.

Here's the Best Asset Management Software & Tools of 2020:

  1. SolarWinds Service Desk (Best Overall)
  2. ServiceDesk Plus
  3. ManageEngine AssetExplorer
  4. Spiceworks IT Asset Management
  5. LanSweeper
  6. Kaseya VSA
  7. SysAid (Best in Support)
  8. Network Inventory Advisor
  9. OpenAudIT by OpMantek

1. SolarWinds Service Desk (Best Overall)

SolarWinds Service Desk

SolarWinds Service Desk, formerly known as Samanage Service Platform, is a popular web-based ITSM and service desk for managing IT assets and employee services.

The single and unified service desk solution provides a way to manage and communicate with employees in an organization through its ticketing system or self-service portal.

The software also comes with powerful IT asset management (ITAM) capabilities.

With SolarWinds Service Desk, you can see and manage all your assets at different stages of their lifecycle from a single place.

Knowing about the life of your resources can help you avoid downtime due to EOL (End-of-Life) licenses and plan for capacity.

You can also use SolarWinds Service Desk to correlate licenses to ensure you get what you buy, and even manage warranties.

You can improve your service desk or asset management solution by integrating the software with over +200 cloud applications such as NMAP, Dropbox, Azure, Jira, Okta, Slack, and more.

Key ITAM Features:

  • IT asset lifecycle management
  • Asset Consolidation
  • License monitoring
  • Mange warranties
  • Automation
  • Reporting


FREE Trial available!


Get a fully functional 30-day free trial of SolarWinds Service Desk and start managing all your assets.

Download Free!


2. ServiceDesk Plus w/ Asset Management

service desk manageengine

ServiceDesk Plus gives you the option to purchase the Asset Management portion of the software that gives you the capabilities to manage, track and scan for new assets in your environment.

Features of this program include the following:

  • Scan Networks for Hardware and Software
  • Scan VM's as well!
  • Build and Manage inventory for IT and Non-IT assets
  • Manage Software and Hardware relationships
  • Software Compliance
  • and much more!

asset management cycle


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ManageEngine AssetExplorer (Top Rated)

ManageEngine Asset Explorer

ManageEngine AssetExplorer is a web-based ITAM software that monitors and manages assets in an IT environment.

It is considered one of the best for enterprise networks.

It lets you manage the entire life cycle for a large number of assets, from procurement, deploy/discover, maintain, support, to retirement.

AssetExplorer comes with robust discovery mechanisms that find IT assets and create a detailed inventory from the results.

The tool allows you to manage software, hardware, and licenses, within the inventory, all from a single interface.

You can also manage non-IT assets and other components, such as track POs (Purchase Orders), contracts, and costs.

With the AssetExplorer, you can find areas in the organization where you can optimize expenditures, by enforcing policies or eliminating unnecessary assets.

Key Features:

  • Manage and monitor the entire IT asset life-cycle
  • Discover assets in the network
  • Manage and monitor software/hardware
  • Ensure software license compliance
  • Configuration management
  • Purchase order management


FREE version available.

AssetExplorer is available in three different editions:

  • Free version
  • Free 30 Day Fully Functional Trial
  • Professional

For more information on pricing, request a quote.


Get a fully functional 30-day free trial of ManageEngine AssetExplorer with all features.


Spiceworks IT Asset Management (Best Free)

Spiceworks IT AssetManagement

Spiceworks IT Asset Management is a free ITAM software that allows you to scan, discover, and create inventories of your IT environment.

You can also obtain information from your resources and services deployed in the cloud.

The functionality of the tool can be extended through integrations.

You can integrate other Spiceworks tools such as the Help Desk, Network Monitoring, Connectivity Dashboard, and more.

Spiceworks starts by running automatic scans and collecting detailed information.

It then creates an inventory of all your network devices, including routers, switches, VoIP phones, workstations, etc.

From this inventory, you can manage your network, including software licensing.

Finally, you can create custom reports that show all the information collected by Spiceworks, from help desk tickets, the complete IT asset inventory, to network metrics.

Key Features: 

  • Inventory Hardware
  • Track and update software
  • Keep track of software and volume licenses
  • Generate detailed reports


Free (supported by ads).


Create an account to download the free ITAM Spiceworks software here.

LanSweeper (Best for Discovery)


Lansweeper is a centralized IT asset management and network inventory software.

It can automatically scan, discover network assets, and create detailed inventories.

The software comes with an agentless discovery engine called Lansweeper Deepscan, that can find almost any IT asset in your network.

It consolidates all information and creates an inventory with hardware, software, and users.

Lansweeper can scan the software for various platforms like Linux, Windows, and macOS.

It creates a software inventory, including license information.

It also builds a complete hardware inventory with components, like CPU, Memory, etc.

Lansweeper also helps you create reports.

You can choose from +400 templates of network reports and customize them to your needs.

Key Features:

  • Powerful agent-less network discovery
  • Hardware, software, and users inventory
  • License audits
  • Customized reports


Lansweeper comes in two different versions:

  • Free (Up to 100 assets)
  • Enterprise ($1.00 per asset/year)


Get a free fully-featured trial of Lansweeper Enterprise for 30 days.

Kaseya VSA (Best for MSPs)

Kaseya VSA

Kaseya VSA is a cloud-based RMM (Remote Monitoring and Management) solution designed to be scalable.

The software is suitable for large networks like MSPs or enterprises.

It provides centralized management, security services, and monitoring capabilities for all your IT assets.

Kaseya VSA is popular for its automatic patching and update deployments.

The tool can update Windows, macOS, and 3rd party software.

Aside from updates, you can also manage network endpoints and its infrastructure with policy-based automation.

You can automatically deploy patches or even resolve network issues.

Once installed, Kaseya VSA can automatically discover your entire network and create a comprehensive inventory.

You can keep track of every single system, including their hardware and software.

Key Features:

  1. Hardware and software discovery
  2. Inventorying
  3. Policy-based automation
  4. Custom reports and dashboards
  5. Network Monitoring


The price is based on the number of endpoints, for more information, request a quote.


Get a fully-functional 14-day free trial of Kaseya VSA here.

SysAid (Best in Support)


SysAid is an all-in-one cloud-based IT service management (ITSM) and help desk solution.

It also includes a service desk and an integrated ITAM.

SysAid is known for its amazing customer service and support.

The solution starts with the powerful ITSM, where you can build all the other modules on top.

It integrates tools like Help Desk and Asset Management into the central platform.

With the ITAM solution, you can view, secure, and manage all your IT assets from a single place.

SysAid discovers all your IT assets and keeps track of them.

It gathers data from the network and creates a detailed inventory with hardware and software information.

You can view the software on each asset like OS and view hardware component details, like CPU, HDD, RAM, etc.

The software can also keep track of all changes made to the assets in the inventory. All changes are automatically saved as activity logs.

Key Features:

  • Problem and change management
  • Advanced workflow and automation
  • Asset discovery, tracking, and inventory
  • Track CIs with CMDB
  • Patch and update management
  • Remote control
  • License management


SysAid is offered in three different editions:

  • Basic – Help Desk, Ticketing, and Asset Management
  • Full – ITSM Software
  • A-La-Carte – features priced separately
  • For more information on pricing, get a quote.


Get a 30-days ITSM free trial.

Network Inventory Advisor (Best in Inventory)

Network Inventory Advisor

Network Inventory Advisor is a network management software that runs on Windows.

It can automatically scan and collect all critical data from devices running different OSs like Windows, Linux, macOS, or any SNMP-enabled device.

The tool shows detailed hardware and software statistics.

The Network Inventory Advisor is popular for its software inventorying and license tracking.

You can monitor installations, software versions, services, and licenses on all computers.

You can also track non-IT assets, like keyboards or sound devices, and add them to the inventory.

With this tool, you can also keep track of each hardware asset and its components such as CPU, memory, HDD, etc.

When you run the scan, the tool will collect detailed information from all your equipment and display it in the inventory.

Key Features:

  • Automatic scans
  • Software and hardware inventory
  • License compliance audit
  • Network management


The standard license of Network Inventory Advisor for 100 nodes starts at $289.00.


A fully-featured free Network Inventory Advisor is available for 15 days and you can manage up to 25 nodes.

OpenAudIT by OpMantek (Best in Open-Source Community)


OpenAudIT is a network discovery, audit, and inventory tool that runs on Windows and Linux systems.

The software can be configured to send automatic scans to the computers on a network and obtain information such as its hardware, software, settings, services, users, and more.

It can also get information from network devices, such as routers and switches.

OpenAudIT can also be configured to generate automatic reports.

When you set scheduled tasks, the tool will send the results of the task to your email.

The output of the automatic scans containing all inventory information can also be exported through PDF, CSV, or HTML-generated webpages.

Key Features:

  • Network device discovery
  • Hardware and software inventory
  • Automatic report generation
  • Configuration and change tracking
  • Software license management


The software comes in three different editions:

  • Community – Free and open-source
  • Professional – starts at $1,449 per year
  • Enterprise – starts at $1,199 per year


You can get a Free 20-node license for any of the OpenAudIT commercial modules here.

Final Words

Managing IT assets is one of the most important tasks of any IT admin, or probably the only one.

But old-fashioned ITs that keep track of assets through lists, spreadsheets and old routines can hit the wall when it comes to complex IT environments.

Managing IT assets this way can be nearly impossible.

The appropriate IT Asset Management ITAM software can help keep an inventory of the software, hardware, users, automate processes like scanning and patching, and create reports that help IT managers learn more about their IT environment.

The ITAM is directly connected to the IT infrastructure.

It can keep track of all assets through their lifecycle, from planning, deploying, upgrading, to decommissioning.

The Eight Best Asset Management Software for Keeping track of all Computers, Servers, Devices in your Company can help those old-fashioned IT admins get rid of the spreadsheet.

Software like SolarWinds Service Desk and ManageEngine AssetExplorer are great tools to begin with, and the best of all is that they offer free trials.