Best IT Asset Management Software

IT Asset Management Software helps organizations keep track of and manage all the IT equipment and systems on their network. This software allows you to monitor and manage IT assets for their entire lifespan within the company. You can manage assets on the main network as well as those used by remote or work-from-home employees, all from a central location. With IT Asset Management (ITAM) software, you can manage both hardware assets like computers and servers, as well as software assets on your network, anytime and from anywhere using a laptop or mobile device.

Key features include:

  1. Track and manage all IT assets throughout their lifecycle
  2. Manage assets on main network and remote endpoints centrally
  3. Monitor both hardware assets (computers, servers) and software assets
  4. Access and manage assets anytime, anywhere via laptop or mobile

ITAM software also helps keep records of digital assets like software licenses. It can perform scans of your assets and send alerts if any changes are detected in the hardware or software inventory. Some ITAM solutions, like Endpoint Central’s IT Asset Management Software, provide predefined reports on inventory and send email notifications, allowing you to fully track, monitor, and manage everything through a single console.

To qualify as an IT Asset Management Software, it must:

  • Provide comprehensive asset tracking for the full lifecycle
  • Support management of both hardware and software assets
  • Enable central management of all network and remote assets
  • Offer mobile access and anytime, anywhere asset visibility
  • Include asset scanning, change detection, and notification features
  • Provide reporting capabilities for hardware and software inventory

The primary value proposition is giving organizations complete visibility and control over their entire IT asset landscape, including the ability to centrally manage all physical and digital assets, from any location, to optimize utilization and maintain up-to-date inventory.

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FAQs of IT Asset Management Software

IT asset management, or ITAM, is the process of overseeing an organization’s assets to ensure they are properly accounted for, deployed, maintained, upgraded, and disposed of when necessary. In essence, it involves tracking and managing all valuable items, both tangible and intangible, within the organization.

Here are the top picks for IT Asset Management in 2024:

  1. Reftab: Best overall customizable platform covering all aspects.
  2. GoCodes: Ideal for tracking in construction, schools, and IT offices.
  3. ManageEngine AssetExplorer: Great for managing both IT and non-IT assets.
  4. SolarWinds Web Help Desk: Excellent for ITAM and help desk solutions.

Actually, there are two main differences between an asset (and ITAM) and a CI (and ITSM): ITSM is centered around service delivery and thus only covers the operational phase of an asset’s lifecycle. Its configuration is tailored to support the service. On the other hand, ITAM encompasses the entire lifecycle of the asset.

The three primary goals of IT asset management are: creating a thorough inventory and documentation of assets, achieving cost savings by optimizing asset utilization, and enhancing compliance to minimize security breach risks.

Assets encompass various elements including infrastructure hardware, software, networking devices, cloud resources, and even non-IT items like buildings.