What Is The Average Asset Tracking Cost?

This article will explain exactly how much asset tracking costs. Check out our table below for an overview of the asset tracking software costs for some of the US’ leading companies…

UpKeepVerizon ConnectAsset PandaAsset TigerFreshserviceSortly
Free demo?X
Free plan?XXX
Cheapest paid plan$45/monthCustom (est. $50/month)$125/month$100/year$19/month$39/month
Highest paid plan$120/monthCustom (est. $250/month)Custom (est. $570+/month)$1,400/year$109/month$99/month
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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.

Compare free quotes from asset tracking companies to get a clear price

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
UpKeep logo
PlanFreeStarterProfessionalBusiness Plus
Best forOne user looking to track a couple of assetsSmall businesses looking to streamline work orders and move into the digital worldSmall and medium-sized businesses that want detailed reportingBusinesses that need advanced features such as maintenance scheduling
Monthly price (billed annually)$0$45$75$120
Top featuresView current work orders

Inspection checklist

Unlimited work orders and requests

Barcode scanning

Chat support

Require signatures

Add PDFs and videos to your system

Reporting dashboard

Workflow automation

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 logo

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.

Get a clear price for your asset tracking system by comparing quotes

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
asset panda logo
Number of assetsMonthly 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
Asset Tiger logo
Number of assetsYearly 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.

Find out how much asset tracking will cost your business by comparing quotes

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
Freshservice logo
PlanStarterGrowthPro (most popular)Enterprise
Best forSmall businessesGrowing teamsLarge businessesEnterprises
Monthly price (billed annually)$19$49$89$109
Top featuresAutomated workflow

Unlimited asset users

Basic analytics

100 free assets

Multiple portal languages

Unlimited mailboxes

Employee onboarding

Software license management

Advanced security (custom SSL)

Team Dashboards

Restrict access to your network from certain IP addresses

A dedicated customer success manager

HIPAA compliance

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
Sortly logo
PlanFree AdvancedUltra
Best forSingle usersSmall businessesMedium to large businesses
Monthly price (billed annually)$0$39$99
Top features

100 asset entries

Barcode lookup

In-app scanner

Add 8 photos per item

2,000 asset entries

3 user licences

Custom QR labels

Stock alerts

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.

Find out how much asset tracking will cost your business by comparing quotes

Next Steps

We’ve explained the average asset tracking costs, 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.

Written by:
Dan’s a Senior Writer at Expert Market, specialising in digital marketing, web design, and photocopiers, amongst other topics.
Reviewed by:
Maïté Bouhali
Maite began her career with Expert Market nearly four years ago as a writer. She quickly developed a passion for the challenges faced by small businesses and now endeavours to help them make informed decisions for their future. In her current position as Business Software Editor, Maite works closely with writers to ensure that each article is informative, well-researched, engaging, and actionable for readers. With extensive knowledge of CRM, vehicle tracking devices, and fuel cards, she is meticulous in her review of each article and provides detailed feedback before publication. Whether you're seeking to stay informed on the latest trends in business software or need guidance in selecting the most appropriate software for your organisation's needs, Maite is here to help. With her sharp eye for detail and commitment to quality, she is dedicated to supporting businesses in achieving their goals.