Asset Panda's asset tracking and management system comes with a lot of features. The interface is flexible, thanks to great customization options and support for third-party integrations. Barcode scanning is the main tracking system, with no real-time GPS tracking or per-asset hardware supported. However, the mobile app includes a GPS location with each barcode scan, and auto-generates reports for detailed auditing. It's a robust program at a reasonable price.
- Serves any size business, small, medium, and large
- Prices are around the industry average
- Service coverage is international
Asset Panda is a great asset management software because it offers features beyond simply tracking assets. Facilities and employees can be tracked through the software, and work orders can be generated and managed through it as well. While the software is feature-rich, little hardware is needed – all barcode scanning can be done though the mobile devices, with no need for the expenses of handheld remote scanners.
It's worth noting that Asset Panda is not capable of tracking movable or powered assets in real-time. If you have large, high-value, or outdoor assets, such as construction vehicles worth tens of thousands of dollars, you'll want a service that includes a GPS tracking unit with each asset, such as Samsara or Verizon Connect's asset tracking services. That said, Asset Panda is effective at tracking the most recent location of smaller movable assets, such as defibrillators, pallet trucks, or power tools.
This review takes a look at the main features and benefits Asset Panda has to offer, explains how its support team is set up, and presents pricing information to help you decide if Asset Panda is right for you. To see how Asset Panda compares to other asset tracking providers and prices, simply use our free comparison tool and get tailored quotes for your business needs.
There are no two ways about it: Asset Panda offers a whole lot of features. Take a look at some of them below to get a better idea of how feature-rich the Asset Panda platform really is.
Each asset entry includes a name, asset ID, brand, description, cost, model and activity status. Entries will track purchase or lease information, as well as service contracts and expiration dates, and can include additional data such as photos, documents, videos, or voice memos.
Barcode scanners can not only update asset entries, but look up asset details through Amazon or eBay as well. Maintenance schedules, repair histories and depreciation can be automatically tracked.
The Facilities Management module helps managers quickly and easily design all the work orders they'll need. It also tracks employees' check in/check out times. In other words, Asset Panda covers basic management of the facility, as well as employee activities that fall outside of basic asset tracking features, and which some other asset tracking services ignore entirely.
Security and Ease of Use
The software uses role-based security. Managers can customize security templates by location, area and category, ensuring each employee can access the information and functions they need while staying safely restricted from anything above their pay grade.
The interface is configurable, with a searchable and customizable dashboard. It's worth noting that Internet Explorer isn't supported on Asset Panda’s web application – your team will need to be running on Chrome, Firefox, Safari, Edge, or Opera instead.
Asset Panda's flexible interface extends to customizable insurance records and work orders. Custom fields can be added to each asset entry, each asset category, or all assets. Notifications can be set for date-based tasks, like maintenance reminders, or can be triggered when a specific action occurs.
Reports can be generated in PDF, screen, or CSV formats, and data on assets or locations can be easily exported.
Tax and Insurance Savings
With Asset Panda's system, missing or unusable assets – called “ghost assets” – can be quickly identified and removed from active status. By Asset Panda's estimates, 10-30% of the average business's assets are ghost assets – this means those businesses are overpaying on insurance for assets they can't use, while at the same time missing out on Federal and State tax write-offs.
Commonly used third-party services that can be directly integrated with Asset Panda include G-Suite, Zebra, Zendesk, ConnectWise and OneLogin.
Granted, a few of the more popular integrations used by many business softwares aren't usable, and show no signs of being added. Four of these tools — MailChimp, QuickBooks, Salesforce, and Zapier — were listed on Asset Panda's website as “coming soon” in 2021, but that claim has since been removed, and the integrations are still not available.
Highlight: The Asset Panda Mobile App
Asset Panda's app is available on iOS and Android. With it, users can carry out onsite audits complete with barcode scanning, generating audit exception reports directly from their devices. Maintenance histories and repair logs are also accessible through the app, while assets like power tools can be requested or reserved as well, making managers as effective on the go as they are at their desks.
Asset Panda recommends using the app on an Android device running Android 6.0 (Marshmallow) or higher, or on an Apple device running iOS 12.0 or higher.
Asset Panda offers 24/7 support to its customers through both email and live chat. This is an expansion of Asset Panda's support hours, which prior to October 2021 were only available during work hours. Phone support remains on this schedule — it is available on workdays from 8:30 a.m. until 5:30 p.m., central time.
Video tutorials are available through Asset Panda's website and are hosted on YouTube. Case studies, white papers and a FAQ page are also available online.
- Phone: 855-898-6058
- Phone Hours: M-F 8:30am – 5:30pm CST
- Email: email@example.com
- Live chat Hours: 24/7
- Video tutorials
- Case Studies
Asset Panda supports 500 assets for $1,500 annually, with a 14-day free trial, making it one of the best free asset tracking options (albeit temporarily). This basic tier includes unlimited users, support via phone, email and live chat, API access, and all the features and integrations mentioned in this review. Custom installation and setup is available for an additional one-time fee.
Asset Panda does not fully disclose its pricing structure, so in order to get a full, personalized quote for Asset Panda services, prospective customers will need to contact Asset Panda directly.
Verdict: Should You Get Asset Panda?
If you're looking for a solid asset tracking software that has a lot of features and plenty of customizability for your business, Asset Panda is going to be a great option for you. It offers some serious heft for an asset tracking software, particularly at such a reasonable price point.
You will miss some features, like real-time GPS tracking and per-asset hardware support, but most of these can be supplemented with the mobile app, which offers a GPS location with every scanned barcode, and auto-generated reports for detailed auditing. Simply put, you could do a lot worse than Asset Panda when it comes to asset tracking.
If you're looking to get started right now, check out our handy comparison tool to find out how much Asset Panda and other asset tracking software will cost your business.
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