This article will explain exactly how much asset tracking costs in 2021. Check out our table below for an overview of the asset tracking software costs for some of the US’ leading companies…
|UpKeep||Verizon Connect||Asset Panda||Asset Tiger||Freshservice||Sortly|
|Cheapest paid plan||$45/month||Custom (est. $50/month)||$125/month||$100/year||$19/month||$39/month|
|Highest paid plan||$120/month||Custom (est. $250/month)||Custom (est. $570+/month)||$1,400/year||$109/month||$99/month|
|Compare Asset Tracking Quotes Today|
Prices are billed annually. The length of your free trial period depends on the company, and you’ll need to request a bespoke quote from Asset Panda and Verizon Connect.
Asset Tracking Costs: An Overview
Asset tracking will typically cost between $15 per month and $40 per month for a basic range of features, while a more sophisticated system might cost between $50 per month and $150 per month.
Within the more affordable price range, you’ll likely have access to basic features such as barcode lookup, customizable QR labels, reporting features, and audits.
The best asset tracking software will likely come with features such as advanced reporting, G-Suite and CRM (customer relationship management) software integration, and many more add-ons to help you boost productivity.
Some asset tracking companies offer bespoke pricing, meaning you’ll need to get in touch with them to get a clear idea of costs. This is where we can help you.
Simply use our free comparison tool to answer a few questions about your tracking requirements, and we’ll match you up with trusted asset tracking software companies that best suit your needs. They’ll then contact you with no-obligation quotes and clear, bespoke pricing information. Don’t forget, our service is totally free.
Low Cost Asset Tracking Systems
We’ve carried out extensive research into asset tracking costs, finding you the best value companies that can help your business save time and money. Read on below for individual pricing reviews on each asset tracking company.
UpKeep Pricing (Free – $120 Per Month)
- Paid plans start from $35 per month
- Free demo available
- Free plan available
|Best for||One user looking to track a couple of assets||Small businesses looking to streamline work orders and move into the digital world||Small and medium-sized businesses that want detailed reporting||Businesses that need advanced features such as maintenance scheduling|
|Monthly price (billed annually)||$0||$45||$75||$120|
|Top features||View current work orders|
|Unlimited work orders and requests|
Add PDFs and videos to your system
Asset depreciation and downtime tracking
UpKeep account manager
UpKeep Pricing Roundup
UpKeep is one of the best value asset tracking systems on the market, offering a generous free plan that comes with work order management features, making it ideal for small businesses that manage just a few assets.
Its most popular plan is the Business Plus plan ($120 per month), suitable for medium-sized companies that need maintenance scheduling, API access, and integration with the instant messaging platform Slack. On this plan, you’ll also get a dedicated account manager.
Verizon Connect Pricing ($50 per Month – $250 per Month (estimated))
- Custom pricing
- Free demo available
- Estimated cost is $50 per month to $250 per month
Verizon Connect Pricing Roundup
Geared towards medium to large businesses, Verizon Connect is one of the most trusted names in the asset tracking industry, offering fantastic features at relatively low (albeit estimated) prices.
In terms of cost, you can expect to pay somewhere between $50 per month and $250 per month, depending on the type and number of assets your business needs to track. No matter what price Verizon quotes you, you’ll always have access to its intuitive web-based dashboard, which enables you to track engine hours, set up maintenance schedules, and much more.
Asset Panda Pricing ($125 per Month – $570+ per Month (estimated))
- Tracking up to 500 assets cost $125 per month
- Free demo available
- $500+ implementation service
|Number of assets||Monthly cost (billed annually)|
Asset Panda Pricing Roundup
As you can see from the table above, Asset Panda offers a ‘pay for what you track’ pricing model, meaning you’ll simply pay more if you need to track more assets. Don’t fret, your cost savings increase as your number of assets grows, and there are discounts available for multi-year plans, and education and non-profit businesses.
Asset Panda doesn’t boast the cheapest asset tracking costs in the world, but it’s one of the most trusted and popular. It offers excellent, US-based customer support, unlimited user accounts, and integrations with G-Suite, Jamf, Azure Active Directory, and more. Overall, we firmly believe that Asset Panda is worth the relatively high initial costs.
Asset Tiger (Free – $1,400 per Year)
- Track up to 250 assets for free
- Unlimited users on all plans
- Cloud-based software
|Number of assets||Yearly cost|
Asset Tiger Pricing Roundup
Asset Tiger is one of the best value options around, allowing you to track up to 250 assets at no cost. On all plans, you’ll get unlimited custom reports, barcode scanning, and maintenance scheduling, which we believe is a generous range of features.
Asset Tiger is certainly more affordable than Asset Panda, but it doesn’t offer quite as many features or integrations, so your choice will depend on what your business needs.
Freshservice Pricing ($19 per Month – $109 per Month)
- Starts at $19 per month
- 21-day free trial
- 24/7 customer support on all plans
- 100 free assets on the Garden Plan
- Free installation
|Plan||Starter||Growth||Pro (most popular)||Enterprise|
|Best for||Small businesses||Growing teams||Large businesses||Enterprises|
|Monthly price (billed annually)||$19||$49||$89||$109|
|Top features||Automated workflow|
Unlimited asset users
|100 free assets|
Multiple portal languages
|Software license management|
Advanced security (custom SSL)
Restrict access to your network from certain IP addresses
A dedicated customer success manager
Freshservice Pricing Roundup
Freshservice offers excellent value for money, with a generous range of features on its cheapest plans, and a 21-day free trial on all plans. Its most popular plan, Pro, is aimed at medium to large businesses, offering plenty of useful features such as advanced analytics and contract management software.
However, we’d recommend the Starter or Growth plan for most small businesses, with these plans offering an impressive selection of features at reasonable prices.
Sortly Pricing (Free – $99 per month)
- Free plan
- Paid price plans start from $39 per month
- 14-day free trial
|Best for||Single users||Small businesses||Medium to large businesses|
|Monthly price (billed annually)||$0||$39||$99|
100 asset entries
Add 8 photos per item
|2,000 asset entries|
3 user licences
Custom QR labels
Unlimited asset entries
5 user licences
Unlimited custom fields
Handheld scanner compatibility
Sortly Pricing Roundup
Rivalling Asset Tiger with its low asset tracking costs, Sortly is ideal for small businesses looking to save some cash, without sacrificing quality.
On the downside, there are only three plans to choose from (most other suppliers have four), and you can only track up to 100 assets on its free plan (Asset Tiger allows up to 250). Overall, Sortly is a good choice for small businesses on a budget.
How Asset Tracking Can Save Business Costs
According to Capterra’s blog, most businesses without asset tracking systems spend 80% of their time reacting to maintenance issues rather than preventing them. When it comes to running a business, we all know that time equals money.
Asset tracking software is designed to streamline your business and cut labor costs, ensuring you spend less time searching for, maintaining, and auditing your assets, and more time growing your business in other ways.
We’ve explained the average asset tracking costs in 2021, so you should now have a clear idea of how much you can expect to pay. Remember, the initial investment should pay dividends by streamlining your operations and, ultimately, boosting profits.
The easiest way to nail down the asset tracking software cost for your business is by using our free comparison tool. It only takes a minute, and we’ll use it to match you up with trusted asset tracking companies that best suit your needs.
They’ll then contact you with no-obligation quotes featuring crystal-clear, bespoke pricing.