Top 8 Asset Panda Alternatives To Enhance Your IT Asset Management

As an IT Manager, you know the importance of effectively managing your organization's IT assets. There are various tools available in the market that help you manage IT assets effectively. Asset Panda is one such IT asset management (ITAM) tool that you may have used.

However, it is always prudent to consider alternatives that can provide additional features and customization options tailored to your IT teams’ specific needs. 

Asset Panda is an ITAM software that offers your team a range of features for tracking and managing assets, including hardware, software, and other IT equipment. Its primary goal is to simplify the IT asset management process and make it more efficient.

It helps your team manage the correlation between assets, making it easy to keep track of devices and establish interdependencies between them. The software also offers a suite of integrations to make a single source of truth for your asset-related data.

Although “Asset Panda” has been a popular option for managing IT assets, you may want to consider other options for a number of reasons, such as the need for easier-to-use interfaces, more advanced features, or more affordable pricing options.

By looking at alternative possibilities, you can ensure that your team utilizes the best ITAM tools for their specific needs. Further, it helps to maintain a competitive edge in a technology environment that is constantly evolving.

But before considering the alternatives, it's important to know the limitations of the Asset Panda tool:

• The pricing it offers is slightly on the higher side for small to mid-sized organizations. If you’re from one of these organizations, looking for more affordable options would be better.

• If you’re looking for software that makes navigation easier, Asset Panda isn’t for you. Besides running slow, it makes navigating through the different pages and assets difficult for your team, slowing down productivity and efficiency.

• Another potential drawback is its limited integration with third-party services like Quickbooks and Salesforce. This can be a significant obstacle for you if your team relies on these services as part of their day-to-day operations.

Now that we have discovered the drawbacks of Asset Panda, let’s explore its alternatives:

List Of 8 Asset Panda Alternatives

We have compiled a list of the top 8 Asset Panda alternatives to help take your IT asset management to the next level. These alternatives offer a range of features and functionalities to streamline asset tracking, improve inventory management, and simplify the asset lifecycle process.

1. Zluri

Zluri provides a software asset management platform that helps your IT teams manage and optimize software usage and costs. With Zluri, you can gain visibility into every SaaS app or license used across your network, track license usage, and automate software procurement and renewal.

Zluri's software asset management solution provides IT admins with powerful features to effectively manage their SaaS landscape. What sets this platform apart is its exceptional asset discovery capabilities.

To achieve full visibility into your SaaS stack, it leverages 5 different discovery methods, including SSO, financial and expense management software, direct API Integration, desktop agents (optional), and browser extensions (optional).

With this feature, your IT admins can have a complete overview of their software inventory, including license information, installation data, and usage statistics. The platform also offers complete control over an organization's SaaS application landscape by tracking owners and renewal dates, reducing redundancies, and eliminating shadow IT.

Zluri goes beyond just providing your IT admins with powerful management features. It offers complete control over third-party SaaS applications, enabling your team to maintain security and compliance from a centralized portal. 

The platform's security and compliance features ensure that SaaS applications adhere to relevant regulations, reducing the risk of security breaches or legal issues.

Zluri also automates daily repetitive tasks such as provisioning, deprovisioning, and access request approvals, freeing up your IT teams' time to focus on more critical tasks. This automation improves overall productivity and efficiency, helping users gain control over their SaaS landscape, reduce costs, and improve efficiency.

Moreover, Zluri simplifies the vendor management process with its automated system, making it an essential tool for efficient software asset management. The platform integrates with your core business system to establish a comprehensive system of record, enabling you to track and manage vendor contracts, licenses, and subscriptions. 

This feature helps you better manage your vendor relationships, ensuring they comply with agreements and optimize your overall SaaS spend.

Pros 

• Zluri is the ultimate customizable platform for your IT teams who demand flexibility and control. You can easily scale it up or down based on your organizational requirements.

• The platform automates several repetitive processes for your teams, such as the provisioning and deprovisioning of SaaS apps. It helps reduce the workload and frees up valuable time for other critical tasks.

• Zluri gives you access to well-structured, informative reports of all your SaaS applications and unlocks the power to make informed decisions that drive your organization’s growth.

• Its renewal calendar offers insights on upcoming license renewals. Hence, saving you from surprising SaaS renewals. It provides timely notifications enabling you to prioritize high-value contracts and make informed decisions on whether you need the app or not. 

Customer Rating

• G2- 4.8/5

• Capterra- 4.9/5

Want to give it a try? Schedule a demo right away!

2. Atera

Atera is a cloud-based IT management platform that includes a range of tools and features to help your team manage and monitor your organization’s IT assets. It lets your team track hardware and software assets, view hardware configurations, and monitor software usage. The module also includes features for managing licenses, warranties, and service contracts. 

With Atera's asset management module, your team can quickly identify hardware and software assets that require updates, upgrades, or replacement. They can also monitor the performance and health of your organization’s IT assets in real-time, enabling them to identify and resolve issues before they become major problems. Additionally, Atera's asset management module includes reporting features that enable your team to generate detailed reports on asset usage, costs, and other important metrics.

Pros

• One significant advantage of the tool is its low cost, which is almost unchallenged by its competitors. As a result, if you're on a tight budget, it appeals to you as a choice. 

• If you are looking for an effortless solution for your asset tracking needs, then this tool is for you. It is easy to implement, saving your team time and effort.

Cons

• It doesn't provide you with advanced reporting and network feature capabilities, restricting you from getting insights into network performance and security issues

Customer Rating 

• G2: 4.7/5

• Capterra: 4.6/5

3. Asset Sonar

Asset Sonar is a robust IT asset management tool that helps your team to manage assets across different locations. It offers real-time information about the lifespan of hardware when equipment has been checked out, and when it needs servicing.

Asset Sonar provides a unified and comprehensive overview of the various software programs installed on the IT equipment within your organization. It includes a range of features that help automate the process of IT asset procurement, make well-informed purchasing decisions, and optimize the procurement budget by creating Purchase Orders.

Additionally, it allows your team to assign users, set reminders for license renewals and payments, track patterns of license utilization, optimize software spending, and ensure that all licenses are in compliance at all times.

Pros

• The tool has an intuitive interface and straightforward features that make it easy for your team to get started quickly without needing extensive training or technical expertise. 

• Another advantage of the tool is its excellent support, which can provide you and your team with the needful guidance and assistance to make the most of the tool's capabilities.

Cons

• If you're considering the tool, it's important to be aware that it may not be completely free of bugs. Although one user reported only encountering a single bug, it's still a potential issue that could potentially impact the tool's performance or functionality.

Customer Rating 

• G2: 5/5

• Capterra: 4.8/5

4. InvGate Assets 

InvGate Assets is an ITAM tool designed for your IT teams to manage and track your organization’s IT assets, such as hardware and software. The tool includes several features like inventory management, license management, asset tracking, and IT service management. One of the benefits of InvGate Assets is that it provides real-time visibility into your organization's IT assets, enabling your teams to track, manage, and prevent potential issues. 

Furthermore, InvGate offers a module for IT service management, which helps your team streamline their service delivery processes and improve service levels.

Pros

• With its straightforward installation process, your team can quickly and easily deploy the tool on your organization’s network and begin monitoring the assets for performance and security issues.

• Another benefit is the tool's ability to gather data from network-connected devices instantly. Your teams can rapidly discover and respond to any potential issues by getting up-to-date information about the performance and security of your network assets.

Cons

• It may be challenging to integrate with your existing software stack. This could limit your IT team's ability to manage software licenses and contracts efficiently.

• Additionally, it doesn’t allow you to collect data from mobile devices. This could limit your IT team's ability to have full insight into the data associated with IT assets, potentially impacting their ability to make informed decisions.

Customer Rating 

• G2: 4.7/5

• Capterra: 4.7/5

5. SpiceWorks

Spiceworks IT Asset Management is a cloud-based software that helps your IT admin manage and monitor your organization’s assets. This tool automatically locates and collects information about different assets, such as workstations, servers, routers, switches, and anything else in the organization. It then categorizes and creates an inventory of these assets, making it easier for your teams to manage them.

Additionally, Spiceworks IT Asset Management provides automated risk updates, alerting your teams to any potential security issues or vulnerabilities in the system. This helps prevent any security breaches or attacks. The tool also removes any unwanted software from the system that violates policies, helping ensure that your organization's systems are in compliance with security and IT policies.

Pros

• Your team can benefit from the tool's ease of use and platform flexibility to quickly identify and address any issues that may arise.

• The tool can detect the Windows and installed application versions, providing a useful way to ensure your systems are up-to-date and secure.

• Using the tool, you can gain valuable insights into your network infrastructure without any associated costs, saving you from investing in expensive software or tools.

Cons

• The navigation may not be very straightforward. This can create challenges for your team when locating specific information or performing certain tasks within the tool.

Customer Rating 

• G2: 3.9/5

• Capterra: 0/5

6. Lansweeper

Lansweeper is a powerful IT asset management software designed to assist your team in managing your IT assets, automating network discovery, and tracking software license compliance. It is an all-encompassing solution that offers a detailed view of your organization's IT environment, allowing your team to make informed decisions and gain better visibility into your organization’s systems. 

With customizable reporting and advanced security features, Lansweeper enables your IT team to optimize IT operations and improve overall efficiency.

Pros

• You can leverage Lansweeper's highly customizable reporting feature to create detailed reports on the status and performance of your IT environment. 

• If you're operating in highly regulated industries, its advanced security features, including network scanning, vulnerability assessment, and patch management, make it a great option for you

Cons

• Your teams need admin privileges to collect data using the software, which could create security risks for your IT system.

• If you have a limited IT budget, Lansweeper's cost may be too high and out of budget for your organization’s IT operation requirements

Customer Rating 

• G2: 4.5/5

• Capterra: 4.6/5

7. IBM Maximo

IBM Maximo Asset Management is software that provides insights into your organization's assets, their conditions, and various work processes. It enables data-driven decision-making and helps your team manage IT assets from anywhere, integrating them with existing applications.

Maximo Asset Management provides real-time visibility into asset usage, extends the life of the equipment, and improves the return on assets.

Using IBM Maximo Asset Management, your team can streamline your organization's workflow, track assets, and optimize ROI. 

Pros

• If you use IBM MAXIMO, you can enjoy seamless collaboration and data sharing across departments and workflows since it seamlessly integrates with other systems. 

• It also offers a centralized repository for asset data, ensuring you have a single source of truth for all asset-related information. This can help your teams make better decisions and minimize the risk of errors.

Cons

• Due to its limited integration with financial systems. Your teams may struggle to manage financial processes such as invoicing, budgeting, and forecasting.

• Additionally, setting up and configuring the tool can be complex and challenging for your team as it is highly customizable.

Customer Rating 

• G2: 4.4/5

• Capterra: 4.2/5

8. Sapphire 

Sapphire is an IT asset management tool designed to take control of your organization’s IT assets, including servers, phones, scanners, laptops, software, licenses, and more. It provides real-time data and tracking of all assets, allowing your team to easily manage and control them from anywhere.

The software also offers a flexible and easily configurable workflow, warranty, contract, and insurance tracking, depreciation scheduling, asset relationship, and hierarchy management.

Pros

• The tool can be customized to meet your specific requirements. You can tailor the tool's functionality accordingly, making it more efficient for specific use cases.

• This single tool helps you manage multiple workflows, improving efficiency and productivity. Your team can avoid switching between different tools and interfaces, reducing the risk of errors and delays.

Cons

• Due to the tool's complicated dashboard, your team may face challenges in quickly and readily accessing the information you need.

• The tool's reporting feature may be limited in terms of customization options and data visualization capabilities. This can make it difficult for you to analyze and interpret data effectively and may result in inaccurate or incomplete insights.

Customer Rating 

• G2: 4.2/5

• Capterra: 0/5