The 6 Best Asset Management Software Options of 2023

Why We Chose It

With its mature toolkit and abundance of advanced features, including top-notch reporting, unique relationship maps, and support for both physical and virtual assets, ManageEngine AssetExplorer is our choice as the best overall asset management software.

Pros & Cons

Overview

ManageEngine AssetExplorer is a web-based solution packed full of tools and features to handle all aspects of asset management, including inventory management, software license administration, compliance review, and more. With its mature technology, ease of setup, and reasonable price, ManageEngine AssetExplorer is our choice as the best overall asset management software.

For businesses new to asset management, ManageEngine AssetExplorer’s feature-rich tool set may seem a bit overwhelming. However, if you start with its 30-day free trial, you can shorten the learning curve. The setup can appear incredibly daunting with its excessive number of tabs and drop-down menus. But ManageEngine AssetExplorer includes an excellent Quick Links feature to help you stay focused on the tasks you need to complete.

It also helps that the interface has a Windows look and feel. Adding devices can also seem daunting due to the sheer number of choices. But the Windows Agent Configuration simplifies the process when using installed Windows Agents on new devices.

ManageEngine AssetExplorer’s mature technology shines through with its reporting capability. In addition to a few dozen pre-built reports, the system can export reports in multiple formats to include all past queries. You can also easily create completely customized reports. In addition to scheduling reports to run, you can schedule email delivery to specific recipients. 

One significant downside to ManageEngine AssetExplorer is the lack of a mobile application. Though you can access the program on a mobile browser, its somewhat complicated user interface (UI) can make navigating on mobile devices more difficult. It’s OK for more straightforward tasks, such as handling repair tickets and troubleshooting on the road. 

The starting price for ManageEngine AssetExplorer is $995 per year for 250 IT assets, but you have to contact ManageEngine for a detailed quote.

All ManageEngine AssetExplorer users have access to 24/7 technical support, which is another key differentiator. Its support for virtual hosts and virtual machines is also a rarity. The only downside is there is no support if you’re managing a lot of mobile devices, though there is support for voice-over IP (VoIP) phones.