Austin, Texas, October 4, 2025
News Summary
A comprehensive review evaluated 33 asset management products from 17 vendors and examined the top 10 in depth, ranking solutions by features, value, security and support. Reviewers highlighted four must-have capabilities: real-time asset views, reporting and analytics, mobile access, and scanning/tracking support (barcode, RFID, QR, GPS). The roundup details pricing models, trials, onboarding options and vendor snapshots from Asset Panda to ServiceNow and Flexera. The report also covers related market activity, including wealth-management team hires in Austin and a student housing disposition in the Austin area, offering practical guidance for buyers weighing cost, integrations and mobile performance.
Asset management software ranking and market moves: what to know now
The latest review evaluated 33 asset management products from 17 different vendors in initial testing and took a deeper dive into the 10 products that scored highest. The reviewers focused on features, value, security and support, and prioritized price transparency while warning that total cost depends on a company’s unique combination of assets. The review says the four most important features of asset management software are: real-time views of all assets, asset reporting and analytics, mobile access, and support for scanning/tracking tools (barcode scanners, RFID, QR codes, GPS).
How the review was done and who led testing
The team relied on product data, strategic methodologies and expert insights. The reviewer is Dennis, who brings decades of tech journalism experience including roles as founding editor of Computer Select, senior associate editor for PCWorld, and creator of a major tech blog. For the small-business review beat, Dennis covers HR, payroll, payment processing, business formation and many other products and services for small and midsize businesses.
Top vendors, pricing and notable features
The review listed an initial group of featured partners and products, noting prices, trials and core capabilities:
- Reftab — 14 days free trial (50 asset max.); starts at $40 per month in one line for 250 items and also shown as $31.25 per month for 250 assets in another line; unlimited users in one partner entry; color-coded equipment loan tracking, passive audit check-ins and Flow Builder for user requests and approvals; implementation/onboarding support: Yes; risk mitigation: No.
- ShareMyToolbox — starts at $100/month; full web and app access + $10/month per user; supports field transfers, maintenance tracking and audits.
- Rippling IT — pricing is custom; get a free quote; features listed include Asset Tracking, Returns & Retrieval, Procurement, Storage & Inventory, Setup & Security.
- EZO AssetSonar — 7 days free trial; contact sales for pricing; EZO integrates all five phases of asset lifecycle management and supports barcode label design and RFID tracking on mobile devices; one price line shows $0.21 per node; implementation/onboarding support: add-on for Enterprise plan only; risk mitigation: Yes.
Product snapshots from the deeper review
Asset Panda — Starting monthly price is listed as $33 per user (billed annually) in one pricing line and also appears as Starting Monthly Price $79.58 in another line. Implementation/onboarding support: Yes in the listing. The software includes asset inspection features, custom inspection checklists, mobile app photo capture and barcode scanning, coordinated inspection assignments with roles and permissions, alerts for due inspections, dashboards for ongoing inspections, and scheduled repair tracking. It supports industry customizations for construction, education, healthcare and government. Users value its cloud-based real-time updates, barcode system and customization, while reported issues include slow mobile app performance, scanning glitches, limited integrations, cumbersome data exports and cost for larger organizations. Risk mitigation appears both Yes and No across different lines in the data excerpt.
ManageEngine AssetExplorer — Starting monthly price listed: $19 per agent (billed annually). Implementation/onboarding support: Yes; risk mitigation: Yes. AssetExplorer automates discovery of hardware and software, identifies relationships when network configuration changes, maintains history of IT assets (including routers and switches), supports multiple operating systems (Windows, macOS, VMware and several Unix versions), and tracks software licenses, maintenance schedules and vendor contracts. It generates visual maps showing relationships between assets to help identify sources of system glitches. Users praise affordability and range of features for SMB IT assets but report difficulties with initial setup, cloud integration, add-on costs and customer service; the review concluded it meets many core needs but often falls short in user experience and integration capabilities.
Freshworks Freshservice — Starting monthly price shown: $249.58 for five users (billed annually). Implementation/onboarding support: Yes; risk mitigation: No. Freshservice includes a CMDB that can generate up-to-date topology maps and supports a one-click compliance audit covering on-premises and cloud assets. User feedback is mixed, with praise for ticketing integration and consolidated IT/HR requests and criticism for clunky UI, limited tracking, high price and Microsoft Intune integration issues.
Wasp Barcode AssetCloud Complete — Starting monthly price shown: $219 (billed annually). Implementation/onboarding support for onboarding sold as an add-on for Enterprise plan only; risk mitigation: Yes. AssetCloud Complete offers flexible Audit Windows, automatic recording of audit changes, blind mobile audits and multiquantity tracking for categories of items. Users like the intuitive interface, cloud access and purchase order management; reported issues include slow performance, crashes and integration difficulty with platforms like e-commerce systems.
Lansweeper — Lansweeper’s discovery tool describes asset context and assigns risk scores to shadow IT, combining active scanning and passive network monitoring to spot unauthorized resources. It supports imports via CSV/XLS and syncs with inventory platforms like Microsoft Intune and SCCM. Users appreciate device discovery and cost-effectiveness; reported issues include pricing policy complaints and a dated interface. Implementation/onboarding support: No; risk mitigation: Yes.
ServiceNow Asset Management Executive Dashboard — The dashboard combines software, hardware and cloud cost management components with widgets for total spend, actual savings, potential savings, assessment fulfillment time and contract/end-of-life alerts within 90 days. ServiceNow integrates real-time data from hardware, software and cloud tools and is praised for comprehensive lifecycle management and automation that can reduce operational costs, though implementations are often complex and licensing costs can be high. Implementation/onboarding support: third-party affiliates; risk mitigation: Yes.
Flexera One — Starting monthly price listed: $62.50 (billed annually). Flexera One improves visibility into internal systems, cloud services and mobile devices, clarifies licensing requirements, and recommends optimization steps. It includes templates for major enterprise products and is positioned for larger enterprises; implementation/onboarding support: No; risk mitigation: No. User feedback notes strong cloud and license management capabilities and concerns about complexity and cost.
InvGate — InvGate uses agent-based and agentless discovery, integrations with cloud and directory tools, manual imports, AI-based search and real-time dashboards to centralize inventory. Users praise ease of use, affordability and rich features; reported issues include limited remote deployment, reporting customization limits and integration challenges. Implementation/onboarding support: not listed in the excerpt.
Common themes and practical takeaways
Across products, barcode, QR code, RFID and GPS capabilities get frequent mention as transformative for tracking. The review found variation in pricing models: some vendors charge by nodes or assets, others by user or by plan caps. Asset Panda and Freshworks were called out as charging per user in the pricing lines, while Wasp Barcode plans include five-user limits in some entries. Asset management software typically helps meet auditing and compliance requirements and improves security by identifying unpatched or end-of-life hardware and unauthorized devices. The four categories of assets tracked are fixed assets, mobile assets, consumable assets and IT assets.
Wealth and staffing moves
A private wealth team known as The MK Group was recruited by a U.S. wealth management firm and joined their Austin office on April 17. The MK Group managed $500 million in client assets and produced more than $3 million in annual revenue. The move added to a tally of transfers during a frenzied week of moves following tax day. The firm also recently hired a team managing $5 billion in assets from a New York-based rival and earlier landed another team that had managed $1.2 billion in assets. The hiring firm has around 2,200 financial advisors managing $667 billion in client assets, according to the announcement. The MK Group reports to an Austin branch manager. Public reader comments about such moves ranged from critiques of advisor turnover to remarks on diligence timelines and organizational culture; these comments reflect opinion and are not independently verified facts.
Private bank senior hire
Peapack Private Bank & Trust announced Greg Allison joining its wealth management division as a senior managing director and portfolio manager based out of the Summit wealth office. Greg Allison joined from a major private bank in Austin and previously led an investment team that oversaw assets exceeding $1.3 billion at Austin Asset and more than $6 billion in prior roles. Peapack-Gladstone Financial Corporation reported total assets of $7.2 billion and assets under management and/or administration of $12.3 billion as of June 30, 2025. Contact details for the press release originator and the press contact were included in the announcement.
Real estate sale: student housing in the Austin area
Palladius Capital Management announced it completed the sale of The Oasis, a 672-bed student housing property located in San Marcos, Texas (an Austin suburb). Palladius purchased The Oasis in Q1 2022 and sold the asset in Q2 2024, saying it doubled the net operating income during its hold period. At the time of sale, the property was 99.3% occupied and 100% pre-leased for the 2024/2025 academic year. Palladius commenced a capital improvement plan shortly after acquisition, renovated all 240 units and upgraded common areas and exteriors. The transaction team included a capital markets representative who brokered the disposition. Palladius manages and operates approximately $800 million of real estate across the U.S. and pursues multifamily, student housing, hospitality and selected thematic strategies.
FAQ
How many asset management products did the review evaluate?
They evaluated 33 asset management products from 17 different vendors in initial testing and took a deeper dive into the 10 products that scored highest.
What are the most important features of asset management software according to the review?
The review says the four most important features of asset management software are: real-time views of all assets, asset reporting and analytics, mobile access, and support for scanning/tracking tools (barcode scanners, RFID, QR codes, GPS).
Which team moved to the Austin wealth office and how much did they manage?
RBC Wealth Management-U.S. recruited a Merrill Lynch Private Wealth team managing $500 million in client assets in Austin, Texas, per an announcement on Thursday.
Who joined Peapack Private Bank & Trust as a senior managing director?
Peapack-Gladstone Financial Corporation (NASDAQ: PGC) and Peapack Private Bank & Trust announced Greg Allison has joined the Bank’s wealth management division as a senior managing director and portfolio manager based out of the Summit wealth office.
What happened with The Oasis student housing property?
Palladius Capital Management (“Palladius”) announced it completed the sale of The Oasis, a 672-bed student housing property located in San Marcos, Texas (an Austin suburb).
Quick table: Key asset management features mentioned in the review
| Feature | Why it matters | Vendors noted for this capability (from the review) |
|---|---|---|
| Real-time views of all assets | Helps prevent small glitches from becoming major problems and supports audits and security scans | Asset Panda, ServiceNow, Flexera One |
| Asset reporting and analytics | Enables compliance audits, financial reporting and maintenance planning | EZO AssetSonar, Asset Panda, AssetCloud Complete |
| Mobile access and scanning | Supports field audits, inspections and barcode/RFID scanning for real-time updates | Asset Panda, EZO, Wasp Barcode, Lansweeper |
| Support for barcode/RFID/QR/GPS | Improves tracking of consumables, mobile assets and inventory accuracy | EZO, Asset Panda, Reftab, Wasp Barcode |
For readers choosing a product, compare price structure, trial availability, onboarding support and whether a solution charges per user or by asset nodes. Also weigh mobile performance and integration capabilities against feature lists.
Deeper Dive: News & Info About This Topic
Additional Resources
- AdvisorHub: RBC lassos $500 million Merrill Private Wealth team in Austin
- Wikipedia: RBC Wealth Management
- NewMediaWire: Greg Allison, CFP® joins Peapack Private
- Google Search: Greg Allison Peapack Private Bank
- BusinessWire: Palladius sells Austin-area student housing property
- Wikipedia: Student housing
- TipRanks: Wilson Asset Management Group alters stake in Austin engineering
- Google Scholar: Wilson Asset Management
- CNBC: Austin asset management coverage
- Google News: Austin asset management
Author: Construction FL News
FLORIDA STAFF WRITER The FLORIDA STAFF WRITER represents the experienced team at constructionflnews.com, your go-to source for actionable local news and information in Florida and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Florida Build Expo, major infrastructure projects, and advancements in construction technology showcases. Our coverage extends to key organizations like the Associated Builders and Contractors of Florida and the Florida Home Builders Association, plus leading businesses in construction and legal services that power the local economy such as CMiC Global and Shutts & Bowen LLP. As part of the broader network, including constructioncanews.com, constructionnynews.com, and constructiontxnews.com, we provide comprehensive, credible insights into the dynamic construction landscape across multiple states.
