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Asset Tracking Software


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eMaint CMMS logo
 
eMaint X3 is an affordable, flexible and user-friendly management system that offers asset and inventory control, condition monitoring and scheduling tools. Mobile-friendly, it features customizable reporting and dashboard tools.
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eMaint X3 is an affordable, flexible and user-friendly management system that offers asset and inventory control, condition monitoring and scheduling tools. Mobile-friendly, it features customizable reporting and dashboard tools.
 
Maintenance Connection logo
 
A powerful web-based system, Maintenance Connection features multi-site asset tracking, contract and project management and preventative maintenance. Scaleable and seamlessly integrates with other software.
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A powerful web-based system, Maintenance Connection features multi-site asset tracking, contract and project management and preventative maintenance. Scaleable and seamlessly integrates with other software.
 
FTMaintenance logo
 
FTMaintenance, by FasTrak, is a maintenance management software platform that automates daily tasks related to work orders, asset and equipment management, MRO inventory, preventive maintenance and predictive maintenance. Mobile capability... Read More
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FTMaintenance, by FasTrak, is a maintenance management software platform that automates daily tasks related to work orders, asset and equipment management, MRO inventory, preventive maintenance and predictive maintenance. Mobile capability... Read More
 
Hippo CMMS logo
 
Offering one of the most robust CMMS solutions on the market, HippoFM combines its intuitive graphical interface with powerful reporting tools and mobile technology to efficiently streamline your maintenance management operations.
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Offering one of the most robust CMMS solutions on the market, HippoFM combines its intuitive graphical interface with powerful reporting tools and mobile technology to efficiently streamline your maintenance management operations.
 
Facilities Management eXpress logo
 
FMX is a Web-based computerized maintenance management software system that supports QR code tracking and drag-and-drop mobile calendars. Supports unlimited users and unlimited number of tracked assets.
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FMX is a Web-based computerized maintenance management software system that supports QR code tracking and drag-and-drop mobile calendars. Supports unlimited users and unlimited number of tracked assets.

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Fiix logo
 
Fiix is a cloud-based maintenance management solution that helps users manage day-to-day work orders and work towards establishing preventive maintenance strategies. The computerized maintenance management system (CMMS) manages physical... Read More
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Fiix is a cloud-based maintenance management solution that helps users manage day-to-day work orders and work towards establishing preventive maintenance strategies. The computerized maintenance management system (CMMS) manages physical... Read More
 
MPulse logo
 
Whether you’re a small maintenance shop or large organization, MPulse has the CMMS system to fit your needs. Choose from four customizable software editions that feature work order management, tracking, scheduling and reporting.
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Whether you’re a small maintenance shop or large organization, MPulse has the CMMS system to fit your needs. Choose from four customizable software editions that feature work order management, tracking, scheduling and reporting.
 
MaintenanceEdge by Dude Solutions logo
 
Dude Solutions provides a suite of web-based maintenance management applications that help businesses to streamline maintenance operations with centralized requests, automated maintenance workflow, and simple reporting. MaintenanceEdge... Read More
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Dude Solutions provides a suite of web-based maintenance management applications that help businesses to streamline maintenance operations with centralized requests, automated maintenance workflow, and simple reporting. MaintenanceEdge... Read More
 
MAPCON logo
 
Designed specifically for companies in the manufacturing and facilities industries, MAPCON is a maintenance management system that offers standalone asset management, preventive maintenance, work order management, and more. The solution... Read More
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Designed specifically for companies in the manufacturing and facilities industries, MAPCON is a maintenance management system that offers standalone asset management, preventive maintenance, work order management, and more. The solution... Read More
 
Megamation DirectLine logo
 
With over 25 years in the facilities and maintenance management space, DirectLine by Megamation has over 26 full-featured modules to empower businesses to create a custom-fit system to meet their unique needs. These modules include... Read More
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With over 25 years in the facilities and maintenance management space, DirectLine by Megamation has over 26 full-featured modules to empower businesses to create a custom-fit system to meet their unique needs. These modules include... Read More

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TabWare by AssetPoint logo
 
TabWare is a full-featured CMMS/EAM solution made exclusively for maintenance managers.The solution contains advanced analytics that make use of the data created stored during day-to-day operations so that companies can gain full visibility... Read More
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TabWare is a full-featured CMMS/EAM solution made exclusively for maintenance managers.The solution contains advanced analytics that make use of the data created stored during day-to-day operations so that companies can gain full visibility... Read More
 
IBM Maximo logo
 
Maximo Asset Management by IBM combines asset management with maintenance management. From a single system, companies can monitor and manage the full life cycle of their enterprise assets, including facilities, communications, transportation,... Read More
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Maximo Asset Management by IBM combines asset management with maintenance management. From a single system, companies can monitor and manage the full life cycle of their enterprise assets, including facilities, communications, transportation,... Read More
 
ManagerPlus logo
 
ManagerPlus is a CMMS solution that helps growing organizations manage their assets, maintenance, inventory, and purchasing. ManagerPlus is fit for asset-intensive industries like agriculture, construction, transportation, manufacturing,... Read More
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ManagerPlus is a CMMS solution that helps growing organizations manage their assets, maintenance, inventory, and purchasing. ManagerPlus is fit for asset-intensive industries like agriculture, construction, transportation, manufacturing,... Read More
 
Agility by SoftSols Group logo
 
Agility, created by SoftSols Group, is a CMMS/CAFM system for maintenance and facility managers to use on-site and in the field. The solution offers a full suite of applications, including asset management, reactive and preventive... Read More
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Agility, created by SoftSols Group, is a CMMS/CAFM system for maintenance and facility managers to use on-site and in the field. The solution offers a full suite of applications, including asset management, reactive and preventive... Read More
 
MicroMain Maintenance Software logo
 
An easy-to-use CMMS system, MicroMain helps businesses simplify and streamline every step of their maintenance operations. Features preventative maintenance, purchase order automation and supplier and vendor tracking.
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An easy-to-use CMMS system, MicroMain helps businesses simplify and streamline every step of their maintenance operations. Features preventative maintenance, purchase order automation and supplier and vendor tracking.

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UpKeep logo
 
UpKeep is a web-based compterized maintenance management software (CMMS) and enterprise asset management (EAM) solution with a focus on mobile use. The system is accessible on desktops, laptops, tablets and smartphones and is suitable... Read More
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UpKeep is a web-based compterized maintenance management software (CMMS) and enterprise asset management (EAM) solution with a focus on mobile use. The system is accessible on desktops, laptops, tablets and smartphones and is suitable... Read More
 
WebDPW logo
 
WebDPW™ by BMSI (Business Management Systems Inc.) is a complete maintenance management solution for organizations seeking a way to automate their service process. With WebDPW, users can quickly manage technicians, generate work... Read More
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WebDPW™ by BMSI (Business Management Systems Inc.) is a complete maintenance management solution for organizations seeking a way to automate their service process. With WebDPW, users can quickly manage technicians, generate work... Read More
 
MaintenanceEdge by Dude Solutions logo
 
Dude Solutions™ provides a suite of web-based maintenance management applications that help streamline maintenance operations with centralized requests, automated maintenance workflow, and simple reporting. MaintenanceEdge™ includes... Read More
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Dude Solutions™ provides a suite of web-based maintenance management applications that help streamline maintenance operations with centralized requests, automated maintenance workflow, and simple reporting. MaintenanceEdge™ includes... Read More
 
IFS Applications logo
 
Designed specifically for to-order manufacturers and asset-intensive companies around the globe, IFS Applications is relied upon by its large global customer base by supporting intricate order-driven and mixed-mode manufacturing requirements... Read More
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Designed specifically for to-order manufacturers and asset-intensive companies around the globe, IFS Applications is relied upon by its large global customer base by supporting intricate order-driven and mixed-mode manufacturing requirements... Read More
 
HCSS Equipment 360 logo
 
HCSS Equipment 360 is a maintenance management solution for businesses of all sizes. It’s tailored for the Construction industry, but also suits the needs of the oil/gas, field maintenance, and utilities verticals. The system offers... Read More
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HCSS Equipment 360 is a maintenance management solution for businesses of all sizes. It’s tailored for the Construction industry, but also suits the needs of the oil/gas, field maintenance, and utilities verticals. The system offers... Read More
 

Buyer's Guide

by Taylor Short,
Market Research Associate
Last Updated: May 23, 2017


Asset tracking software helps users manage the location of, and work performed on, each piece of equipment or machinery throughout an organization. These systems share many capabilities with maintenance software and facilities management systems. However, asset tracking software often includes barcoding or radio-frequency identification (RFID) tags to quickly retrieve data about the machine.

This guide will outline the common capabilities of an asset tracking system, as well as factors buyers should consider when purchasing one. We’ll cover:

What Is Asset Tracking Software?
Common Functionality of Asset Tracking Systems
What Type of Buyer Are You?

What Is Asset Tracking Software?

Keeping tabs on machinery, tools and other assets is critical in ensuring a company’s operations are uninterrupted. After all, asset failure and machine downtime can wreak havoc on a business’s bottom line.

An asset tracking system offers ways for users to digitally track the location of assets that have been physically tagged. It also stores asset information and inventory data, and can alert managers when spare parts stock is low.


Equipment data, including ID number, description and location, in ManagerPlus

Using software to track these assets can help:

  • Ensure scheduled maintenance is completed on time
  • Set up alerts and notifications so that the appropriate personnel are automatically assigned to tasks when new work orders are created
  • Track the life cycle of assets. Information about equipment condition, age and more is entered and stored in the system
  • Run reports and calculate depreciation of machinery

Common Functionality of Asset Tracking Systems

Most asset tracking systems include some or all of the following capabilities:

Work order management The primary reason maintenance professionals need to track assets throughout an organization is to ensure assets are at peak condition and performing the task to which they’re assigned. Therefore, many asset tracking systems also include some kind of work order management functionality, allowing users to create and review work orders and assign them to technicians.
Barcoding or RFID tagging A useful functionality found in asset tracking software is barcoding, QR coding or RFID tagging. Users can create a barcode or QR code system by printing labels and attaching them to machinery. When technicians arrive at the asset to perform work, they can scan the barcode with a hand-held reader or capable smartphone to retrieve important information about that machine. This can save time traveling between the job site and the office computer, while increasing the accuracy of data workers use to perform their duties. 
Depreciation Asset tracking software can also assist companies with calculating depreciation for each piece of equipment. Users simply enter information about an asset, such as date of purchase, acquisition value and estimated service life, then choose from several depreciation methods (straight-line, MACRS, double-declining balance etc.) to have values calculated automatically.
Equipment rental Some companies have assets that can be checked out by employees outside the maintenance department. These rentals should be documented so that equipment can be restored if lost or damaged; Or, if there is a repair to be performed, a technician can see where it is and who is in possession of the asset. Asset tracking software allows users to check equipment in and out: they can assign an employee to a piece of equipment, log the check-out and check-in dates and even store a signature for the renter.
Mobile applications The ability to use smartphones and tablets in the field increases efficiency for maintenance departments, giving technicians access to asset data wherever they’re located. 
Mobile capabilities are a major part of asset tracking. Users can download native applications for mobile devices and scan barcodes or QR codes to instantly view information about a piece of equipment. If the system offers inventory management capabilities, barcoding can also be used to update inventory quantities in real time: Simply scan a code and change the values for certain spare parts as they are consumed.


Setting up barcode formats in Maintenance Assistant

What Type of Buyer Are You?

Some specific asset tracking capabilities, such as barcoding, can be particularly useful for certain industries. Here are a few types of buyers that can benefit the most from these systems:

Managers from manufacturing, healthcare or other asset-intensive industries. Companies with many pieces of equipment and machinery need a reliable way to manage scheduled maintenance. Manufacturers must keep critical machines operational in order to produce goods. And hospital maintenance managers have to ensure equipment stays running for the safety of employees and patients.

Using a barcoding system to retrieve condition information and work-order status saves time that could otherwise be spent maintaining the most critical machinery.

Facilities managers. Professionals who manage building maintenance also need to track equipment inside the facilities, such as HVAC units and lighting, to ensure occupants are able to work. Asset tracking software can alert workers when assets require repairs so they can address the problems quickly.

Fleet maintenance managers. Rolling assets can be especially challenging to track and maintain. Businesses that rely on a fleet of vehicles need to know exactly where any given truck, bus or van is located so that maintenance can be scheduled accordingly. Using an asset tracking system, managers can organize maintenance based on the vehicle’s location. This allows them to maximize the time vehicles are on the road in the most cost-efficient way.

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Maintenance Management Software Pricing Guide

 

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