Top 14 IT Asset Management Software (ITAM Tools 2023)


IT Asset Management is a business practice that involves keeping track of all the assets of the business, from planning to disposal.

It helps to make decisions to optimize and maximize ROI from every asset throughout its lifecycle.

As organizations use a larger number of assets, keeping track of them manually is very tedious and time-consuming. Furthermore, due to the complex and dynamic nature of assets, there are high chances of discrepancies in the manual processes of assets management. 

Here, IT Asset Management tools help manage all the organization's assets efficiently and precisely.

Some of the benefits of IT Asset Management tools are:

  • It helps you to prepare audits easily

  • It helps you to take decisions from planning to procurement to disposal of your IT assets.

  • It gives a complete overview of all your organization’s IT assets

  • It helps to optimize and provides information needed to get better control over your IT assets

  • Ensure software license compliance and removal of unwanted softwares

  • It makes your IT system more secure and stable

Next, we'll discuss different IT Asset Management tools you can use to manage your IT assets.

1. Zluri


Zluri (That's us! 🙂) is a SaaS management software that helps you have the upper hand over your SaaS application landscape. It helps you track SaaS usage, its owner, renewal due and also eliminates app redundancies and shadow IT. Zluri automates repetitive tasks like employee onboarding and offboarding, saving your time and energy. 

Zluri offers control over your third-party SaaS application and helps you maintain security and compliance from a command center. 

It is best for the enterprise market with a company strength of 500+, but companies with less than 500 employees can benefit from it as well.

Discovering your organization's SaaS subscriptions:

Zluri has the largest app library with over 225k+ applications. Zluri discovery engine uses five methods to find all your apps with 100% accuracy.

Learn more about how the Zluri discovery engine works.

Moengage achieved complete SaaS visibility with Zluri
  • Renewal Monitoring: With Zluri, you don't need to worry about surprise renewals. Zluri alerts you about upcoming renewals, giving you enough time to decide whether or not you need the app. You can determine that through the SaaS usage insights from Zluri.

  • Applications Cost Optimization: Zluri helps you standardize your applications and traces your SaaS ecosystem. It monitors, measures, and helps you take control of your SaaS spend. It also helps you find hidden apps.

    Zluri gives full visibility into SaaS environment
  • Smooth Vendor Management: Zluri has an automated vendor management system with all the features needed to manage your SaaS stack. It maintains a SaaS system of record by integrating with your core business system, after which it prepares to maintain your vendor life cycle with your predefined workflows. 


  • Discovering your organization's subscriptions

  • Category and function of each application

  • Find unused and underused apps

  • Removing duplicate apps with overlapping functions

  • Automating contract renewals

  • Automating employee onboarding and onboarding

  • Remove unsafe apps

  • Maintain audit readiness for compliance

  • Offers custom integrations with 36 hours TAT

  • Direct integrations with 800+ popular apps for feature-level usage insights

  • Good choice if you are paying in multiple currencies

  • Employee app store to automate SaaS access management and approval workflows

Book a Demo

2. Manage Engine: A Complete suite of IT Software

Manage Engine

ManageEngine's AssetExplorer is an IT Asset Management (ITAM) software that helps businesses to monitor and manage different assets from the Planning phase to the Disposal phase. 

AssetExplorer provides umpteen ways to ensure the discovery of all the assets in your organization. 

It is very easy to install and simple to use. Organizations can manage software and hardware assets throughout their lifecycle.

You can record software licenses, ensure software license compliances and track purchases and contracts. 



  • Discover all Software and Hardware asset

  • Manage complete IT asset lifecycle from the planning phase to disposal

  • Know the total value of your IT asset anytime

  • Ensure software license compliance by control distribution, enforcement of the policy, contract, and regulatory requirements.

  • Make informed decisions about hardware and software purchases throughout the entire IT Life cycle.

  • Track contracts and purchase orders


  • Easy to install and use

  • Responsive and excellent support


  • Not suitable for small enterprises as it is costly

  • The reporting feature is complicated

3. Solar Winds: Intuitive and Suitable for all Organizations

Solarwind's System Management Product Suite

Solar winds Service Desk is a comprehensive web-based system for consistently tracking, managing, and controlling your IT assets.

Its inventory gathers information and captures data of different assets efficiently in one place.

It keeps track of physical assets like mobile devices, laptops, network devices too.


  • Ensure infrastructure is compliant with regulatory compliances

  • Automate risk detection and policy deviation

  • Allow contacting all service providers from a single dashboard


  • Simple user management and easy to use

  • A good community of support

  • Cloud-based and can be operated remotely

  • Suitable for all kinds of organizations


  • Limited customization on automation

  • Reporting is not intuitive and straightforward.

  • Implementation is a bit difficult

4. Spice Works: Powerful yet Simple to Use


Spice works IT asset management is a cloud-based software designed for managing and monitoring organizations' assets. 

It automatically finds and collects information and categorizes inventories of workstations, servers, routers and switches, and anything which is in your organization. 

It provides automated risk updates and removes unwanted software from the system, which violates policies.



  • Discover and keep updated about inventory

  • Keeps track of software licenses to make sure everything is compliant

  • Automate risk detection

  • Make a purchase request and check the status


  • Easy to deploy and simple reporting

  • Simple to integrate with active directories

  • Custom customization for different use cases


  • 3rd-party integration lack some ability to fine-tune data flow 

  • The search function is not great

  • Interface is outdated 

5. ServiceNow: Comprehensive and Customizable


ServiceNow is a fast-growing service management provider that went public in 2012. 

The IT Service Management bundle provides an agent workspace with knowledge management and modules supporting issue tracking and problem resolution, change, release and configuration management, and (on the higher tier ITSM Professional plan) ITAM and software asset management. 

It gives a complete view of all IT resources across on-premises and cloud environments.


  • Service request management

  • Allows to connect all asset data with service context throughout the complete IT lifecycle

  • Manage software licenses, hardware assets, and cloud resources.

  • Robust and scalable workflow for managing deliverables

  • User-friendly and light-weight application

  • Great customization and quick to integrate with external clients inventories

  • Provides comprehensive and customization dashboard based on user


  • Great integration and compatibility with other tools

  • Easy and intuitive interface

  • Good support and almost no learning curve


  • Due to the extensive system, speed is a bit slow.

  • Search is slow and complicated.

  • Initial setup is complicated and time taking.

6. IBM Maximo Asset Management: Intelligent Asset Management

IBM Maximo

IBM Maximo is a cloud-based tool for IT asset, work, and compliance management of an enterprise.

It helps you manage every business aspect, including cost, data, information, and much more. 

It is highly customizable and enables you to track assets at every point in their lifecycle.


  • AI-enabled monitoring to improve the process

  • Tracks asset reliability data such as idle or downtime

  • Identify various risks such as non-compliance or security violations

  • Monitor asset use across multiple locations and record its history

  • Reliable and configurable

  • Preventive maintenance and services


  • Great customization for data integration

  • Flexible to manage and handle any asset


  • Initial setup and deployment is tough

  • High learning curve due to excessive functionality and features

  • Complicated User interface

7. Sapphire: AI-powered IT Asset Management Platform


Sapphire is an IT asset management tool which takes control of all IT assets like servers, phones, scanners, laptop, software, licenses, and more. 

It tracks all assets and shows dynamic and static real-time data about them.

It is an AI and NLP-based tool that intelligently manages and controls assets from anywhere.


  • ERP and third-party integration

  • Software metering and blacklisting

  • Application discovery, dependency mapping, and automated topology mapping

  • Flexible and easily configurable workflow

  • Warranty, contract, and insurance tracking

  • Depreciation scheduler

  • Asset relationship and hierarchy management


  • Cost-effective and feature-rich to control and manage assets

  • Low learning curve


  • The initial setup is complicated

  • Support is not very responsive and up to mark

8. Syam Software: Simplified Intelligent IT Asset Management Software

Syam Software

Syam Software is an intelligent IT asset management software that helps you manage and track your organization's assets.

It provides a real-time report and updates about any changes in the hardware and software of the client.


  • Asset and cost tracking

  • Contract, license, and compliant management

  • Remove and uninstall unapproved applications

  • Procurement and depreciation management

  • Tracks asset history and updates


  • Reduces multiple products requirement to one

  • Highly customizable

  • Prompt and helpful support team


  • Steep learning curve

  • The ticketing system is not intuitive

  • Complex and confusing setup and workflows

9. SpaceRunner: Easy to Use IT Asset Management Platform


SpaceRunner is physical equipment maintenance software and includes features such as equipment tracking, inventory control, maintenance scheduling, warranty tracking, and work order management. 


  • Equipment and warranty tracking

  • Inventory control and maintenance scheduling

  • Asset lifecycle tracking

  • Open API


  • Reporting is flexible

  • Accounting and auditing of assets record is intuitive

  • Prompt response and excellent support


  • Occasional slowdown

  • Not suitable for large businesses due to very basic features

10. Asset Sonar: Simple & Easy-to-Use IT Asset Management Software


Asset Sonar is a cloud-based IT hardware and software management tool which helps you to manage assets across different locations.

It gives real-time updates about hardware lifecycle, checkout, and service needs.

Asset Sonar gives a consolidated and comprehensive view of different software installed in the IT devices in the organization.


  • Automate IT asset procurement and make informed purchase decisions and optimize procurement budgets by creating Purchase Orders

  • Assign users, set alerts for license renewals and payments, track license utilization patterns, optimize software spend, and ensure license compliance at all times.

  • Access accurate information for regular financial audits

  • Track IT inventory and manage stock quantities at multiple locations and departments. 

  • Disposal and depreciation management

  • Check-in and checkout records

  • Manage IT assets at multiple locations


  • Easy to use

  • Excellent support


  • Limited customization

11. Secpod:  Awesome Endpoint Security and Management Platform


Secopod is a centralized IT security platform for managing and securing the endpoints of an enterprise.  

The platform offers comprehensive features such as vulnerability management, endpoint management, software deployment, application, and device control.

It also offers security compliance management, endpoint threat detection, and response features.

SanerNow is its IT asset Management software that easily assesses, audit, and administer your IT Assets and keeps you compliant and audit-ready always.


  • Track the live status of your hardware and software inventory by running incessant scans and instantly monitor and discover your IT assets available at any remote location

  • Device and web threat management

  • Behavior analysis

  • Instantly detect vulnerable and non-compliant assets.

  • It makes you always audit-ready with insightful reports


  • Automated threat response

  • Vulnerability scanning and vulnerability management

  • IT asset management

  • Security compliance and endpoint visibility


  • Limited functions in risk management

  • The reporting system is complicated.

  • Not easy to navigate

12. Ezofficeinventory: Convenient and Powerful IT Asset Management Tool


EzofficeInventory is a cost-effective cloud-based software for IT asset management and control. 

Track and control assets across multiple locations from anywhere with a mobile app. Schedule and streamline your maintenance and manage vendors.


  • Complete IT asset lifecycle management from procurement to retirement. Track asset purchase orders, vendors, maintenance histories, availability, and lifetime costs

  • Inventory and compliance management

  • Centralized inventory database


  • Provides REST APIs to integrate with any other applications

  • Easy to manage asset

  • Simple to set up

  • Good support team and prompt response


  • The view is not optimized for different screens

  • Difficult to process multiple assets at a time

  • The steep initial learning curve

13. Alloy Software: A Comprehensive ITSM Platform


Alloy Navigator is an IT Service and Asset Management tool designed to centralize, automate, and streamline IT operations for organizations. 

It has two platforms – Alloy Navigator Express and Alloy Navigator Enterprise.

Alloy Navigator Express is an IT asset management software built to help small and medium businesses manage, improve, and deliver better help desk services to their customers. 

Alloy Navigator Enterprise provides users with comprehensive IT Asset Management paired with ITIL-based IT Service Management functionalities. 

It is perfect for corporate enterprises and large organizations that aspire to increase the efficiency of their IT operations. 



  • It gives a complete overview of all hardware and software assets in your organization.

  • Streamline maintenance of IT assets and reduces downtime by suggesting prior maintenance if required as per performance

  • Activity and asset tracking

  • Assignment and audit management

  • Compliance, license, and contract management


  • Easy to use and implement

  • Value for money

  • Excellent support


  • Complicated customization and complex backend

  • Too many menus and navigation causes confusion

14. Ivanti: Powerful ITSM Platform


Ivanti asset management software gives a complete view of software, hardware, servers, routers, and more assets.

It tracks your IT assets to make them work best for you. The solution's configurable design helps you define and follow custom workflows or implement out-of-the-box processes.


  • Consistent IT asset management from procurement to purchase order, receipt, deployment, and disposal.

  • Keep track of IT asset information, including finding data, lifecycle status, current stock, location, and warranty information.

  • Mobile application to manage and track your IT assets while distant or on the move. Search for assets, update information, check for incidents, and apply automated quick actions.

  • Contract, license, and renewal management

  • Compliance management


  • Support is excellent

  • Manage licenses

  • Mobile and desktop workspaces


  • The user interface needs improvement

  • Setup is complicated and time taking

  • Hard to use and steep learning curve

15. Tyasuite: Intuitive and Flexible IT Asset Management Platform

Tya Suite

TyaSuite is a Cloud-based Enterprise Resource Planning (ERP) software designed to help businesses manage IT assets on a centralized platform. 

It enables organizations to streamline the entire procurement lifecycle, from optimizing purchase requisitions (PRs) based on available stock, safety stocks, or lead time to processing invoices and payments.


  • Asset, auction, and audit management

  • Automated depreciation calculation as per the companies act

  • Physical verification of assets through a mobile application

  • Service maintenance and asset service tracking

  • Asset warranty and insurance tracking

  • Approval process control

  • Agile methodologies 

  • Inventory and workflow management


  • Easy and fast implementation

  • Flexible and intuitive user interface

  • Simple to use

  • Prompt and excellent support


  • Business intelligence is pretty simple


There are many IT asset management softwares that helps to manage your IT assets. You should first understand and list down your business' needs, which features and functionalities you're looking for and what your budget is. Based on that you can choose the one which is best for you.


Shadow IT in the SaaS World - A Complete Guide

Introducing Zluri's Modern Identity Governance & Administration platform for the cloud-forward world

SaaS Sprawl - The Ultimate Guide

SaaS Operations (SaaS Ops) - The Complete Guide

Introducing Zluri APIs - Extensibility Beyond Integrations That Aren’t Off-the-Shelf


Shadow IT in the SaaS World - A Complete Guide

In this post, you'll learn about shadow IT due to SaaS apps. You'll also learn the most common types of shadow apps categories, shadow IT risks, and shadow IT benefits.

Introducing Zluri's Modern Identity Governance & Administration platform for the cloud-forward world

Zluri's Modern IGA solution helps companies mitigate security and compliance risks. Govern access to your SaaS for the entire user lifecycle through user provisioning, automated access reviews, and self-service access requests.

SaaS Sprawl - The Ultimate Guide

When an organization has a large number of SaaS applications in its SaaS stack, it gives rise to SaaS Sprawl.

SaaS Operations (SaaS Ops) - The Complete Guide

SaaS operations consist of procuring the right set of SaaS apps, managing access to these apps by users/departments, monitoring their usage, and offboarding them properly when they are no longer needed.

Introducing Zluri APIs - Extensibility Beyond Integrations That Aren’t Off-the-Shelf

Zluri APIs can be called from internal and external applications to create a bridge that helps assign licenses, manage contracts, and a lot more!

Related Blogs

See More

  • Best Alternatives to Intello in 2023- Featured Shot

    Best Alternatives to Intello in 2023

    In this article, we will discuss the top alternatives to Intello. But before that, let’s learn more about Intello.

  • Top Data Loss Prevention (DLP) Tools in 2023- Featured Shot

    Top Data Loss Prevention (DLP) Tools in 2023

    Data loss prevention software enables organizations to mitigate the risk of data loss due to insider negligence or threats, external threats, or natural disasters. In other words, a data loss prevention tool ensures the security and privacy of the data and minimizes the risk of data breaches.

  • Top 8 Alternatives to Forcepoint DLP (In-Depth Comparison)- Featured Shot

    Top 8 Alternatives to Forcepoint DLP (In-Depth Comparison)

    Though Forcepoint DLP is a good tool, if you're looking for a budget-friendly solution, it may not be suitable for you.