List of the 10 Best Asset Management Software in 2026

Introduction: Why Asset Management Software Matters in 2026

In 2026, UK organisations are dealing with growing asset volumes, remote teams, tightening compliance rules, and rising operational costs. Whether you manage IT assets, fixed assets, machinery, fleet, tools, or field-service equipment, the right asset management software can drastically improve visibility, reduce losses, optimise maintenance, and maximise asset ROI.

Modern companies no longer rely on spreadsheets — they rely on intelligent software and asset management platforms that automate tracking, reporting, depreciation, lifecycle management, and service operations.

In this guide, we’ll explore the 10 best asset management software in 2026, including options for enterprise asset management software, IT asset management, fixed asset management software, and solutions.

What Is Enterprise Asset Management Software?

Enterprise Asset Management (EAM) software is a system used by medium-to-large organisations to manage the entire lifecycle of physical assets—from procurement and usage to maintenance and disposal.

It typically supports:

• Asset tracking & classification
• Preventive & predictive maintenance
• Work order management
• Spare parts inventory
• Compliance & audit readiness
• Depreciation & financial reporting

In 2026, EAM platforms increasingly include AI, IoT sensors, automation, and cloud support to help businesses reduce downtime and extend asset lifespan.

10 Best Asset Management Software in 2026

1. Dynamics 365 Business Central (Best for Fixed Asset & Finance-Driven Organisations)

Dynamics 365 Business Central is a powerful ERP platform offering built-in fixed asset management software capabilities. It provides end-to-end visibility across acquisition, depreciation, maintenance planning, disposal, and financial reporting.

Key Highlights:

• Complete fixed asset registers
• Automated depreciation calculation
• Asset insurance tracking
• Asset lifecycle insights
• Integrated accounting, finance, and reporting

Best For: Mid-sized to enterprise-level firms, especially manufacturing, retail, distribution, and services.

2. Dynamics 365 Field Service (Best for Maintenance & Service-Based Asset Operations)

If your business manages equipment, machinery, or field-service assets, Dynamics 365 Field Service is one of the strongest platforms available.

Why It’s Great:

• Work order automation
• Technician scheduling & dispatching
• IoT-enabled predictive maintenance
• Asset service history tracking
• Mobile workforce tools

Best For: Field service providers, manufacturing units, equipment rental companies, and maintenance-heavy industries.

3. Freshservice (Best for IT Asset Management)

Freshservice offers robust asset IT management software to track hardware, software, licences, contracts, and warranties.

Key Features:

• Software asset management
• Hardware device lifecycle
• Automated agent-based asset discovery
• License compliance tracking

Best For: IT teams, MSPs, and digital-first companies.

4. Asset Panda (Best for Customisable Asset Requirements)

Asset Panda is highly flexible and suits businesses looking for configurable workflows.

Capabilities:

• Asset tracking via mobile app
• Barcode/QR code scanning
• Lease & contract management
• Role-based access controls

Best For: SMEs that need custom asset structures.

5. IBM Maximo (Best for Enterprise Asset Management at Scale)

IBM Maximo is a leader in enterprise asset management software for industries that rely on heavy operational assets.

Strengths:

• Predictive analytics
• IoT asset insights
• Multi-site asset management
• Maintenance optimisation

Best For: Energy, utilities, transport, and large-scale industries.

6. Snipe-IT (Best Open-Source IT Asset Software Management Tool)

Snipe-IT is a cost-effective open-source platform for IT hardware tracking.

Features:

• Fixed asset registers
• License management
• Check-in/check-out system
• Role permissions

Best For: Startups, IT teams, limited budgets.

7. SAP EAM (Best for Complex, Global Enterprises)

SAP’s EAM suite helps global enterprises manage distributed asset networks.

Highlights:

• Multi-location asset management
• Compliance monitoring
• Maintenance scheduling
• IoT analytics

Best For: Manufacturing, logistics, and enterprise-scale operations.

8. UpKeep (Best for Maintenance Teams & Technicians)

UpKeep focuses on mobile-first asset and maintenance management.

Benefits:

• Mobile asset tracking
• Work order management
• Preventive maintenance scheduling
• Reporting dashboards

Best For: Facility management, hotels, manufacturing plants.

9. ServiceNow ITAM (Best for Software & Asset Management Combined)

ServiceNow ITAM combines software asset management with hardware lifecycle in one ecosystem.

Features:

• License intelligence
• Contract tracking
• Cloud asset compliance
• Automated asset discovery

Best For: Enterprises needing unified IT governance.

10. EZOfficeInventory (Best for SMEs & Equipment Tracking)

EZOfficeInventory is built for easy tracking of equipment, tools, and fixed assets.

Highlights:

• Inventory + asset management
• QR code & RFID tracking
• Maintenance logs
• Custom reporting

Best For: Construction, healthcare, education, and SMEs.

Comparing the Top Asset Management Software in 2026

Conclusion: Which Asset Management Software Is Best for You?

Choosing the best asset management software depends on your industry, asset type, scale, and reporting needs.

Here’s a quick takeaway:

• Need asset tracking + finance? → Dynamics 365 Business Central
• Need preventive/predictive maintenance? → Dynamics 365 Field Service
• IT hardware/software tracking? → Freshservice or ServiceNow ITAM
• Enterprise-level heavy assets? → IBM Maximo or SAP EAM
• Budget-friendly ITAM? → Snipe-IT
• Maintenance-first? → UpKeep

In 2026, the combination of software and asset management solutions enhanced with automation, AI, and IoT will be essential for UK organisations aiming for full visibility and reduced operational costs.

If you’re looking for expert guidance, implementation, or migration support for Dynamics 365 Business Central or Dynamics 365 Field Service, get in touch with Dynamics Square UK.