Home/Glossary/Asset ManagementUpdated on: March 4, 2024

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What is Asset Management?

Asset management is the process of planning and controlling the acquisition, operation, maintenance, renewal, and disposal of organizational assets. This process improves the delivery potential of assets and minimizes the costs and risks involved. Adequate maintenance and proper deployment of systems, people, and processes ensure a positive enhancement of capital over the asset lifecycle.

Software with Asset Management

PRODUCT NAME SW SCORE (OUT OF 100) AGGREGATED RATINGS (OUT OF 5)
Acumatica 98 4.5
Deskera 96 4
ERPNext 94 4.2
MRPeasy 92 4.4
SYSPRO 92 4.1
Plex Manufacturing Cloud 92 3.6
SAP Business ByDesign 91 4
SAP Business One 91 4.4
Sage Intacct 90 NA
WP ERP 90 4.9

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