17 Best Asset Management Software for Manufacturing in 2025 (Updated)

If you are an asset-centric business, like manufacturing, managing a large number of linear assets such as machinery, tools, facilities, and infrastructure can be a headache. This is because each asset plays a crucial role in your production process, and keeping track of them all can be complicated.

With asset management software, you have an asset-tracking solution. It helps you monitor, operate, and maintain your assets without hassle. This software is designed to track and manage the entire lifecycle of your critical assets so they run smoothly and last longer.

Here’s how an asset management solution can create a difference for your business:

It allows you to plan your expenses better with access to detailed asset data.
You can keep your equipment in top shape with with preventive maintenance schedules.
You can extend the life of your assets with prolonged operational life strategies.

Ready to find the best asset management tools for your needs? Dive into our list of 17 best asset management software for manufacturing in 2024 along with their pros, cons, features, and pricing plans.

Quick Comparison Table

#	Software	Best For	Pricing
1	Makula	Comprehensive Asset Management	CMMS: €55/user/mo; Industrial AI: €39/user/mo; 3D Stream: €49/user/mo; Asset Hub: Contact
2	Asset Infinity	Asset Tracking on the Go	$49 feature/mo (Starter); $130/mo (Standard, up to 500 assets)
3	ToolSense	Real-time Asset Management	€29/user/mo (Basic); Custom quote + 30-day free trial
4	IBM Maximo	Managing Asset Lifecycle	Get a quote upon request
5	Asset Panda	Customisable Tracking of Physical Assets	Custom quote; 14-day trial
6	MPulse	Asset Maintenance Management	Get a quote upon request
7	eMaint	Asset Maintenance and Tracking	Team: $33/user/mo; Pro: $85/user/mo; Enterprise: Contact
8	Asset Essentials	Preventive Maintenance Scheduling	Get a quote upon request
9	AssetCloud	Scalable Asset Tracking Solutions	Get a quote upon request
10	Sortly	Small and Midsize Companies	Free; Advanced: $39/user/mo; Ultra: $149/mo; Premium: $299/mo
11	EZOfficeInventory	Managing Stock Usage	Essential: $40/mo; Advanced: $55/mo; Premium: $65/mo; Enterprise: Contact
12	NexGen	Real-time Asset Performance Visibility	Get a quote upon request
13	ezAtlas	Asset Predictive Maintenance	Get a quote upon request
14	Asset Works	Integrated Asset Management	Get a quote upon request
15	IFS Enterprise Asset Management	Real-Time Asset Management	Essential: $29/mo; Professional: $55/mo; Premium: Custom
16	BOSSDesk	Startups, SMBs & Enterprises	Get a quote upon request
17	Orgzit	Asset Analytics and Reporting	Starter: $20/user/mo; Pro: $40/user/mo; Enterprise: Custom

Note: Our top recommendation is our own product, Makula. We are committed to transparency and providing balanced, unbiased information. We take pride in Makula’s features and capabilities and encourage you to explore what it has to offer. To find out more, you can learn more about its functionalities or schedule a demo.

#1 Makula

Best for: Comprehensive Asset Management

What Makes Makula Unique?

Makula is a powerful asset management software designed to streamline maintenance operations across industries like manufacturing and facilities management. It offers a comprehensive view of all your assets and manufacturing processes, including their condition, history, and performance data.

Some of the aspects that make Makula unique are:

Ideal for Mid-Sized to Large Setups: Makula is perfect for medium to large setup manufacturers. It can integrate across various departments, tackling quality control and asset management challenges.
Reliable Preventive Maintenance Tools: With Makula, you can implement preventive maintenance schedules to keep your machinery running smoothly and at full capacity. It helps you optimize inventory levels, reduce emergency repairs, and manage maintenance budgets efficiently.
Expert Assistance for the Manufacturing Industry: Makula's team brings a rich experience in process automation and digital solutions for B2B sectors. One founder has 10 years of expertise in process automation, another co-founder specializes in digitizing the manufacturing sector with deep knowledge in IoT and cloud computing, and the third co-founder works on the Machine Economy, co-founding deep-tech ventures to deliver tangible impacts.

Key features

Makula's key features can improve your asset utilization and maintenance processes. Here's how:

Preventive Maintenance

Makula automates your preventive maintenance schedules, helping you extend equipment lifespan and reduce downtime. By conducting regular, systematic checks, you can catch issues in time. For instance, you can set up maintenance events based on usage data or sensor insights to prevent equipment failures and keep your physical and digital assets running smoothly.

Using Makula, you can automatically trigger work orders, optimizing asset management practices so that assets remain reliable and last longer. Preventive maintenance is a proactive approach that saves you time, and money and ensures reliability.

Asset Management

You can gain a detailed overview of all your assets, covering their condition, history, and performance data through Makula.

With its real-time monitoring and analytics, you can make smart decisions about maintenance and replacements. It also lets you access important machine details—like model, warranty, and documentation—on both mobile and desktop devices. This accessibility allows you to promptly determine when repairs or replacements are needed, so your assets remain in top condition.

Inventory Management

Makula's inventory management feature checks that you always have the necessary parts on hand. With this software, you manage spare parts and inventory levels and get warned when stocks are low to avoid maintenance delays.

You can also create and manage production lines, assigning machines to optimize your asset-tracking process. When inventory is optimized, working capital is reduced as inventory buffers are lessened.

For instance, when Makula is tracking inventory usage with each activity and automatically updating supply levels when receiving purchase orders, your business is able to meet demand without shortages.

Maintenance Analytics and Reports

With this asset-tracking software, you can generate detailed reports to support data-driven strategies for optimal equipment performance. For example, you can track assets, analyze downtime incidents and their causes, and refine your maintenance approach to further reduce downtime.

Makula also lets you customize reports to match your maintenance KPIs, providing you with real-time data in your preferred formats, such as graphs or charts.

Pros	Cons
Smooth Integrations: Integrates with ERP, CRM systems, and supports CSV uploads — enabling easy setup and process automation. Easy Data Access: Filter asset data by parameters like location, warranty, or history — eliminating spreadsheet chaos. User-Friendly Design: Intuitive interface supports quick onboarding with minimal training needed.	New users might find the feature set overwhelming at first, but there’s a comprehensive knowledge base and support team to help.

Reviews

"Since we started using Makula, we’ve gained a broader perspective on the evolving world of digital after-sales..." - Erik Döinghaus, Managing Director at Döinghaus Cutting and more.

Pricing

CMMS – €55/user/month
Industrial AI – €39/user/month
3D Stream – €49/user/month
Asset Hub – Contact us for pricing

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#2 Asset Infinity

Best for : Asset Tracking on the Go

How it Works

Asset Infinity is a cloud-based asset management and tracking tool designed to help you track and maintain your assets, equipment, inventory, and tools from anywhere at any time. It serves a variety of industries including manufacturing, sports, hospitality, and education. With this asset management system, you can centrally manage all types of assets, keeping a detailed record of all maintenance activities and asset performance throughout their lifecycle.

Pros	Cons
Automated Asset Management: Automates inventory and maintenance workflows, improving asset visibility and control. Timely Alerts: Sends reminders for item returns, helping reduce replacement costs for lost equipment. Responsive Support: Dedicated customer care team ensures smooth operations and proactive assistance.	Mobile app performance can occasionally lag. UI and workflows may be difficult for new users to grasp without guidance.

Review

"Asset Infinity has helped us in aligning our IT and admin assets. All our assets are now tagged, correctly identified, and automatically audited every 6 months!" - Charles Miller

Pricing

Starter – $49/month (feature-based)

Standard – $130/month (up to 500 assets)

Custom plans – Available on request

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#3 ToolSense

Best for: Real-time Asset Management

How it Works

ToolSense aids in day-to-day operations for teams managing operations, maintenance, and repairs across industries like construction, facility management, manufacturing, and hospitality. It caters to businesses of all sizes, from small businesses to large enterprises, providing a centralized system for all your asset management needs.

Pros	Cons
Real-Time Usage Insights: Monitors asset activity to help you maximise uptime and optimise utilisation. Custom Reporting & Alerts: Offers detailed reports, workflows, and alerts tailored to your specific requirements. Strong Support Team: Responsive customer support to troubleshoot issues and guide onboarding.	Can lag with large data volumes, impacting usability. The UI may feel overwhelming initially and requires some onboarding.

Review

"With ToolSense, we no longer have duplicated data stored in Excel sheets but a central and synchronized system that contains all relevant information and documentation. We save a lot of time, and therefore, I have an immediate positive economic impact." - Ralf Lüddemann

Pricing

Basic – €29/user/month

Custom Plans – Available upon request

Free Trial – 30-day free trial included

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#4 IBM Maximo

Best for: Managing Asset Lifecycle

How it Works

IBM Maximo Application Suite is an asset lifecycle management platform designed to boost your company's operational productivity through automation. It is ideal for smaller teams wanting to execute cross-functional tasks on time using best-practice insights and workflows. The suite integrates artificial intelligence (AI), Internet of Things (IoT) data, analytics, machine learning (ML), and automation to meet your unique organizational needs.

Pros	Cons
IBM Maximo allows you to easily track and manage work orders, so you stay updated on facility operations. It is rich in features that are related to Enterprise Asset Management (EAM) and integrates smoothly with other IBM technologies and products. The platform has a highly customizable inventory module that allows you to add extensive information for each asset.	Customizing reports requires significant programming experience, making it difficult to navigate without technical expertise. The software's licensing costs can be difficult to manage for small businesses with limited budgets.

Review

"Delivers out-of-the-box solutions for various industries without the need for customization and configuration." - Nivin George

Pricing

Starting at $250/month
Final pricing depends on licensing tier and user count (contact required)

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#5 AssetPanda

Best for: Customizable Tracking of Physical Assets

How it Works

Asset Panda is a cloud-based asset management software, offering a high level of customizability and mobile support. It’s a well-designed tool that combines the management of a large inventory of physical assets with complex storage, shipping, and logistics workflows. Asset Panda also provides you with detailed reporting and interactive dashboards to measure the full lifecycle of your assets and optimize their usage.

Pros	Cons
The mobile app allows you to scan barcodes, search for assets, and update them from anywhere, ensuring flexibility. Asset Panda comes with a customizable interface and features to fit your organization. It also offers helpful video tutorials to aid you in navigation and setup. With this asset-tracking software, you can assign assets to users and track them, making it easier to manage warranties and terminations.	Users have expressed concern about the app running a bit slow while navigating through different pages and assets. Asset Panda does not support GPS functionality, making it suitable for tracking assets that are fixed rather than movable.

Pros

Cons

The mobile app allows you to scan barcodes, search for assets, and update them from anywhere, ensuring flexibility.
Asset Panda comes with a customizable interface and features to fit your organization. It also offers helpful video tutorials to aid you in navigation and setup.
With this asset-tracking software, you can assign assets to users and track them, making it easier to manage warranties and terminations.

Users have expressed concern about the app running a bit slow while navigating through different pages and assets.
Asset Panda does not support GPS functionality, making it suitable for tracking assets that are fixed rather than movable.

Review

"We needed an inventory system that was completely customizable. Asset Panda had all of that and much more. The mobile app is a special bonus that makes our job easier." - Elizabeth Davis

Pricing

Starting at $40/month
Free Trial – 14-day trial available
Custom pricing – Based on features and team size

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#6 MPulse

Best for: Asset Maintenance Management

How it Works

MPulse is designed for businesses of all sizes, aiding in managing work orders, tracking inventory, scheduling preventive maintenance, and working toward regulatory compliance. One of its significant benefits is optimizing asset lifecycles, helping your business manage assets.

Pros	Cons
The platform makes it very convenient to add records, and track maintenance and IT issues, as well as future services. The system provides easy-to-use preventive maintenance scheduling, real-time reporting, and mobile access, allowing technicians to carry out remote asset management. MPulse offers great customer service, with trainers demonstrating the utility of the software.	It requires additional training to become proficient at using the system, making it best suited for a company with a dedicated system operator. Users have expressed a need for better data linking, especially when importing equipment information.

Review

"It certainly has simplified keeping track of what we do and how we do it." - Director of Engineering at Northwell Health

Pricing

Starting at $49/user/month
Custom quotes available based on modules and users

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#7 eMaint

Best for: Asset Maintenance and Tracking

How it Works

eMaint offers an asset management system with inventory management, asset management tools, and maintenance scheduling features. It supports significant productivity gains and cost savings through its asset-tracking solutions, managing your inventory, and enhancing work orders. It is an ideal asset management solution for small or growing organizations and multi-site maintenance operations that want software configured to their requirements.

Pros	Cons
The link between assets, preventive maintenance, and work orders is simple, making navigation quick and easy to learn. The eMaint equipment tracking and management system allows for significant customization of the equipment record data file and maintenance history. Should equipment conditions change, a maintenance team member automatically receives a notification and can access the asset’s performance data remotely using a laptop, mobile phone, PC, or another smart device.	There is a lack of documentation for the more advanced configuration features that can be useful to system administrators and consultants. Report set-up is not always intuitive and some users have expressed the need for a more robust dashboarding.

Pros

Cons

The link between assets, preventive maintenance, and work orders is simple, making navigation quick and easy to learn.
The eMaint equipment tracking and management system allows for significant customization of the equipment record data file and maintenance history.
Should equipment conditions change, a maintenance team member automatically receives a notification and can access the asset’s performance data remotely using a laptop, mobile phone, PC, or another smart device.

There is a lack of documentation for the more advanced configuration features that can be useful to system administrators and consultants.
Report set-up is not always intuitive and some users have expressed the need for a more robust dashboarding.

Review

"eMaint combines simplicity and complexity into one user-friendly style. The additional features made it easy to combine our paper documents into eMaint for excellent record keeping." - Geoff R.

Pricing

Team – $33/user/month

Professional – $85/user/month

Enterprise – Contact for pricing

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#8 Asset Essentials

Best for: Preventive Maintenance Scheduling

How it Works

Asset Essentials is a configurable, cloud-based enterprise work and asset management platform designed for industries such as manufacturing, education, and government. It refines the management and maintenance of all your assets and facilities.

With its asset management system, users can initiate, assign, and track the progress of maintenance work orders. It also allows you to manage equipment and develop advanced workflows with preventive maintenance scheduling.

Pros	Cons
The customer care team is responsive to questions and issues and supports every step of the implementation process. The platform and mobile app for Asset Essentials are easy to use, allowing technicians to stay on the move across multiple facilities for work order information and completion. With Asset Essentials, you can enter work orders without cluttering email inboxes, and everyone can view work orders and know their status in real time.	The initial setup of the platform may be overwhelming for users without prior CMMS experience. Some users have experienced difficulties with the mobile app, including slowdowns and occasional glitches when logging in.

Pros

Cons

The customer care team is responsive to questions and issues and supports every step of the implementation process.
The platform and mobile app for Asset Essentials are easy to use, allowing technicians to stay on the move across multiple facilities for work order information and completion.
With Asset Essentials, you can enter work orders without cluttering email inboxes, and everyone can view work orders and know their status in real time.

The initial setup of the platform may be overwhelming for users without prior CMMS experience.
Some users have experienced difficulties with the mobile app, including slowdowns and occasional glitches when logging in.

Review

"The Asset Essentials Team did an incredible job employing 'ease-of-use' across all functions of the software. Each and every function is quick to learn, simple to use, and provides powerful results." - Dave

Pricing

Contact for quote (not publicly listed)

#9 Asset Cloud

Best for: Scalable Asset Tracking Solutions

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How it Works

AssetCloud is a comprehensive asset management system offering full life-cycle management, auditing, and loss prevention. By integrating RFID tracking technology, AssetCloud eliminates the need to scan barcodes individually, making audits, check-outs, check-ins, moves, and disposals faster and more accurate. It provides a virtual overview of physical assets, thereby reducing manual intervention.

Pros	Cons
The software offers extensive customization, allowing you to configure the system for your specific asset types. The photo option lets you provide detailed information about each asset, making it easier for others to understand the asset information. You can track assets with just a few clicks, getting a comprehensive end-to-end monitoring and hassle-free audits.	The reporting system for AssetCloud has a steep learning curve, requiring months of experimentation to become comfortable. Some users have mentioned that the Android app lacks some of the search functions available on the web app, which would be useful.

Review

"I am completely satisfied with the features of this software as it caters to all the needs to manage my company’s assets for the past 7 years. It automatically tracks and records all the important information about my assets, allowing me to concentrate on more important issues." - Dharmesh

Pricing

Pricing – Basic, Plus, Complete plans

All plans – Contact for quote (not publicly listed)

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#10 Sortly

Best for: Small and Midsize Companies

How it Works

Sortly is designed to help businesses across various sectors, including manufacturing, construction, medical, real estate, and automotive, by offering a user-friendly, customizable platform that simplifies inventory management. Catering to small and midsize businesses, Sortly offers you key features such as asset activity tracking, location tracking, inventory management, barcoding, and audit trails.

Pros	Cons
Items can easily be found through the search function, which allows you to search based on location, item name, photos, and other filters. Sortly comes with a user-friendly interface that helps navigate and manage inventory items effortlessly. The platform gives you the ability to search for products in multiple ways and also upload pictures of products. You can also print various reports and always have the total value of inventory displayed at a glance.	There is a learning curve involved. It can take a couple of hours to fully understand all the features of the software. Some users have reported that transferring bulk imports of material into the system can be challenging.

Pros

Cons

Items can easily be found through the search function, which allows you to search based on location, item name, photos, and other filters.
Sortly comes with a user-friendly interface that helps navigate and manage inventory items effortlessly.
The platform gives you the ability to search for products in multiple ways and also upload pictures of products. You can also print various reports and always have the total value of inventory displayed at a glance.

There is a learning curve involved. It can take a couple of hours to fully understand all the features of the software.
Some users have reported that transferring bulk imports of material into the system can be challenging.

Review

"Overall, I'm extremely happy with the software. It's created efficiency within my business and has saved me a lot of money on part runs for items that we already had in inventory. I would highly recommend this software." - James K.

Pricing

Free Plan – Available with limited features
Advanced – $39/user/month
Ultra – $149/month
Enterprise/Premium – $299/month

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Other Asset Management System for Manufacturing

11 - Best for Managing Stock Usage -EZOfficeInventory

12 - Best for Real-time Visibility into Asset Performance - NexGen

13 - Best for Asset Predictive Maintenance - ezAtlas

14 - Best for Integrated Asset Management - Asset Works

15 - Best for Real-Time Asstet Management - IFS Enterprise Asset Management

16 - Best for Startups, SMBs & Enterprises - BOSSDesk

17 - Best for Asset Analytics and Reporting - Orgzit

What is Asset Management Software?

Asset management software primarily tracks and manages assets throughout their lifecycle. It can provide you with detailed information on asset location, usage, and status. Here are the key elements of asset management software solutions:

Lifecycle Tracking
Real-Time Monitoring
Automation
Comprehensive Asset Details

What is Asset Management in Manufacturing?

Since manufacturing is an asset-heavy industry, you are required to track equipment, parts, and production lines so that everything operates properly. A good and effective asset management in manufacturing includes:

Improving Operational Efficiency: With an asset management software, you can generate smoother operations, like ensuring asset availability and that all machines are in top working condition.
Maximizing Uptime: Asset management in manufacturing includes keeping equipment running and minimizing downtime. Real-time monitoring with a software can alert you to issues before they cause significant problems.
Managing Supply and Demand: In the manufacturing industry, it is important to keep a balance of inventory levels, and asset tracking software can help you verify is all parts and materials are available when needed without overstocking.
Quality Control: Consistent asset maintenance and management contributes to the production of high-quality products, and helps you sustain performance and quality standards.

Why Do I Need an Asset Management Software?

Manual data entry and human errors can limit the scalability of traditional asset management methods. To improve the process of monitoring assets, here's why you need asset management software:

Save Time and Money: An asset management software centralizes all asset data, reducing the need for manual data entry and administrative tasks. This frees up your team’s time and saves your company money.
Clear Asset Visibility: You can get a single, centralized database for all asset information with an asset management solution. This makes sure that you have clear visibility into every asset.
Plan Ahead: By providing historical data on asset lifecycles, an asset management software helps you estimate the asset health and plan for replacements or upgrades.

What is the Best Asset Management Software in 2025?

If you're a manufacturer struggling with outdated spreadsheets, manual scheduling, or chaotic maintenance workflows, Makula is the clear standout among asset management platforms in 2025.

Why? Because it isn’t just built for asset tracking — it’s built for manufacturers.

Built for Industrial Teams, Not Generic IT

Makula is tailor-made for the operational reality of manufacturing. It brings together field service, maintenance, and operations into one unified interface — helping teams reduce machine downtime and improve process visibility.

You can digitise everything from compliance records to after-sales engagement with smart modules like:

Industrial AI – for predictive diagnostics and real-time insights
3D Stream – to visualise machine condition and documentation
Customer Portal – to streamline external service access

A Pricing Model That Actually Makes Sense

Makula doesn’t lock you into bloated suites. Its pricing plans are flexible — from entry-level to enterprise — so you can pay only for what you need, and scale when you're ready.

Why Makula Wins?

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Makula isn’t just about tracking assets. It helps you reduce downtime, increase productivity, streamline compliance, and even generate new revenue through digital service offerings.

And unlike most tools, it helps you preserve knowledge across machines, teams, and generations — ensuring no insight gets lost.

Explore the full product suite
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See Makula in Action

Discover how Makula can streamline your asset management workflow with real-time tracking, predictive maintenance, and smart analytics.

Book a Free Demo

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🔍 Frequently Asked Questions

What is asset management software?

Asset management software helps track, manage, and maintain physical or digital assets throughout their lifecycle—boosting efficiency, reducing downtime, and improving ROI.

Why do manufacturers need asset management tools?

Manufacturers use asset management tools to ensure optimal equipment uptime, streamline preventive maintenance, and track asset performance across large production facilities.

Which is the best asset management software in 2025?

Makula is one of the top choices for 2025, thanks to its advanced analytics, intuitive design, and modular tools like Industrial AI and Asset Hub tailored for complex manufacturing setups.

How much does asset management software cost?

Pricing varies by vendor and features. Makula, for example, offers flexible plans from per-user rates to enterprise bundles with custom modules like 3D Stream and Field Service.