Top fixed asset management software

As the name suggests, fixed assets are assets that organizations intend to keep for a while. These can include facilities and buildings, land, heavy equipment, plumbing, and more.

Organizations invest in fixed assets for a long period of time, and they can’t convert these types of assets into cash quickly or easily. To maximize the value of fixed assets, your organization needs to carefully manage them throughout their entire lifecycle. Using the right fixed asset management software can help you get the best results.

Here are six great options for managing your organization’s fixed assets.

1. Bloomberg Tax & Accounting Fixed Assets

Overall Capterra user rating: 4.2 out of 5 (31 reviews)

Overall G2 user rating: 3.8 out of 5 (19 reviews)

Bloomberg Tax & Accounting Fixed Assets helps organizations understand the financial value of their long-term tangible assets. Businesses can manage each phase of the asset lifecycle, from when they create or purchase the asset to when they retire it or dispose of it.

The software is compliant with changing tax regulations and generally accepted accounting principles (GAAP), and it helps businesses accurately calculate the depreciation of their fixed assets over time. Bloomberg Tax & Accounting Fixed Assets helps companies reduce financial risk by ensuring they have an accurate account of their fixed assets at all times.

Pricing: Request a demo from their website to learn more about pricing.

User review:

“The ability to manage multiple companies in a single web application is great, as is the ability to manage multiple capital projects and convert compelted projects into assets.” (Source: Capterra)

2. Accruent FAMIS 360

Overall Capterra user rating: 4.2 out of 5 (2 reviews)

Overall G2 user rating: 3.9 out of 5 (10 reviews)

Accruent FAMIS 360 is an asset management software that enables organizations to manage their property and maintain their assets while improving operational efficiency. Using the software, organizations can access the necessary records for their real estate, review facility conditions, and manage any repairs. Users can also manage work orders and monitor vendor activities with Accruent FAMIS 360.

The software features real-time reporting, so organizations can pinpoint any issues with their assets as they occur, and it offers full lifecycle management, utilities and energy management, key management, and space planning.

Pricing: Pricing vary according to your business’s needs. Contact for a personalized quote in their website.

User review: Not available

3. IBM Maximo

Overall Capterra user rating: 4.2 out of 5 (79 reviews)

Overall G2 user rating: 4.4 out of 5 (552 reviews)

IBM Maximo is designed for asset maintenance and operations. This asset management software allows businesses to streamline asset operations, with helpful features such as predictive maintenance, asset monitoring, remote monitoring, worker safety, visual inspections, and much more.

A number of industries use the software, including manufacturing, oil and gas, travel and transportation, and the public sector. IBM Maximo offers advanced analytic tools, so organizations can have detailed insight into their fixed assets to reduce financial risk and make more informed decisions.

Pricing: Pricing starts from $3,370.5 for up to 25 users.

User review: “Amazing integration capabilities. In addition, the solution has many features in the box that accelerates the adoption.” (Source: Capterra)

4. Tracet

Overall Capterra user rating: 3.9 out of 5 (23 reviews)

Overall G2 user rating: Not available

Tracet gives businesses more visibility into their fixed assets while reducing the cost and amount of work required to manage assets. This fixed asset management software includes features such as enterprise asset lifecycle management, configurable compliance books, asset verification and reconciliation, and asset performance management.

Organizations with multiple physical or remote locations can connect assets to understand their portfolio as a whole. Tracet can integrate with source systems, business intelligence (BI) tools, and active directories for a connected user experience.

Pricing: Book a demo to learn about pricing information.

User review: “The front end of the software not just captures almost all asset data but also is extremely user-friendly. Being from a non-finance background, it was great to be able to use this software with ease.” (Source: Capterra)

5. AssetWIN

Overall Capterra user rating: 5 out of 5 (2 reviews)

Overall G2 user rating: Not available

With AssetWIN, organizations can manage their fixed assets at any time, from anywhere. This fixed asset management software has fully integrated mobile functionality, making it ideal for businesses with teams that work remotely or from the road.

Users can make asset queries for details about specific assets, capture data from barcodes or RFID tags, and audit individual assets or groups of assets. Features include built-in reporting, audit trails, depreciation management, and much more. AssetWIN offers an enterprise version as well as versions for mid-range asset managers and small businesses.

Pricing: Contact with their sales team to learn about your customized quote.

User review: Not available

6. Asset Panda

Overall Capterra user rating: 5 out of 5 (2 reviews)

Overall G2 user rating: 4.7 out of 5 (1379 reviews)

Asset Panda has a fixed asset tracking solution that gives organizations a clear view of all their assets in one convenient place. Asset fields are customizable, so organizations can tailor the software to their needs. Businesses also have the option to add unlimited users and control how much access each user has.

Asset Panda offers flexible remote access, which can improve workflows. It also includes a built-in barcode scanner through its mobile app.

If your organization wants to maximize the value of your land, facilities, equipment, and other fixed assets, be sure to choose a fixed asset management software that can be customized to meet your needs and is intuitive and easy to use.

Pricing: Get a customized quote by reaching out to them through their website.

User review: “The ease of use is initially brought us to asset panda,once in were immediately impressed with the great support we received.” (Source: Capterra)

Photo by Andrea Piacquadio