Expert Review of Top 10 It Inventory Management Software For 2025

Thousands of accounts. Shadow IT everywhere. Misconfigured resources draining budgets. Security risks lurking in every corner. Audits? A waking nightmare. Sound familiar?

Welcome to the wild, wild world of multi-cloud environments without an IT inventory management tool. Your team spends hours tracking assets across AWS, Azure, GCP, and on-prem servers — only to realize you missed that one rogue instance burning through cash. Or worse, sensitive data just sitting there... forgotten.

But here’s the fix.

An IT inventory management software is your control center. It keeps tabs on every asset, config, and resource across clouds and infrastructure. No more blind spots. No more compliance headaches. No more surprise bills from forgotten VMs. Just clarity, control, and efficiency — so you can focus on actual DevOps, not digital detective work.

So, which tool is right for you?

I’ve tested and reviewed the top 10 IT inventory software for 2025 — breaking down features, pricing, pros, and cons. No fluff. Just expert insights to help you pick the right one👇

How to choose the best it inventory management software

You need IT inventory software that actually works — not just another clunky tool that eats budget and spits out half-baked reports. So, what should you look for?

Must-Have Features for Software Inventory Tools

1. Multi-cloud & on-prem support. AWS, Azure, GCP, on-prem servers, SaaS apps... It needs to track everything.
2. Automated discovery. Because manually adding assets? Yeah, no. The tool should scan, detect, and map all your IT resources.
3. Configuration tracking. Know what’s running, who owns it, and how it’s configured — before something breaks.
4. License & cost management. Stop overpaying for software you don’t use. Track subscriptions, optimize licenses, and cut the waste.
5. Security & compliance checks. Find vulnerabilities, enforce policies, and survive audits without losing sleep.
6. Integrations & APIs. It should talk to your existing tools — ITSM, SIEM, CMDB, and whatever else you rely on.
7. Custom reporting & alerts. Dashboards that actually make sense. Alerts that don’t flood your inbox. Data that helps you act.

Sounds good? Now, which software inventory tools actually deliver? Below are the best solutions that meet these criteria — tested, reviewed, and broken down for you. Let’s go.

Read also: The best configuration management software: Top 10 tools review

Cloudaware it inventory software

Cloudaware — a comprehensive IT inventory management software designed to bring a single, coherent view to your sprawling infrastructure. It aggregates data from over 50 sources, including major cloud providers and on-premises environments, offering a centralized configuration management database (CMDB).

In the chaotic world of multi-cloud and hybrid IT environments, Cloudaware serves as your command center. It offers:

✅ A single pane of glass to view and manage all assets.
✅ Asset Discovery automatically identifies and catalogs IT assets across multiple environments.
✅ Proactive identification of vulnerabilities and compliance gaps.
✅ Log and Patch Management, intrusion detection.
✅ Insights to optimize resource utilization and reduce expenses.

For DevOps teams and IT architects in large enterprises, Cloudaware is the compass that guides you through the complexities of modern IT infrastructure.

Industry giants like Coca-Cola, Charles Schwab, and NASA trust Cloudaware to manage their complex IT infrastructures. 

Features

• Automated Asset Discovery. Continuously scans your environments to identify devices, cloud resources, and software assets, reducing manual effort.
• CMDB Navigator. A powerful search and management tool to quickly find, filter, and navigate CIs across cloud, network, and on-prem infrastructure.
• Tags and Virtual Applications. Organize and manage resources using customizable tags and group them into virtual applications for better visibility and control.
• Contextualized CIs. Enrich your inventory with cost metrics, vulnerabilities, compliance statuses, and dependencies to gain a deeper understanding of each asset’s impact.
• Extensive Integrations. Seamlessly connects with ServiceNow CMDB, Jira, PagerDuty, New Relic, and more to ensure your existing workflows remain uninterrupted.

Pricing

Cloudaware keeps it simple — pricing is based on the number of servers. The minimum? 50 servers and 1 user. 

Need more? Let’s talk numbers: 100 servers will run you around $400/month. But here’s the sweet part — tiered discounts kick in as you scale.

Not sure about the cost? No guesswork needed. Just plug your numbers into Cloudaware’s pricing calculator and boom — instant estimate. Oh, and if you like to test before you commit, there’s a 30-day free trial to explore all the features.

Bottom line? Cloudaware simplifies inventory management, optimizes asset tracking, and keeps costs under control — all in one platform.

Pros and Cons

✅ Super intuitive UI – No more clicking through endless menus.

✅ 24/7 support + solid docs – Answers when you need them.

✅ Powerful multi-cloud management – Inventory tracking, compliance monitoring, and lifecycle management in one place.

✅ Seamless integrations – AWS, Azure, GCP, Oracle, Alibaba — it plays nice with them all.

❌ Pricing structure takes a minute to figure out – Not overly complex, but still.

❌ Feature-rich = learning curve – You’ll need some time to unlock its full power.

If you’re juggling multi-cloud madness, Cloudaware is the inventory asset management software that helps you see everything, control everything, and spend smarter.

ServiceNow inventory tracking software

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Managing IT assets without a structured system is like navigating a city with no street signs. ServiceNow IT Asset Management (ITAM) brings order to the chaos, mapping every hardware, software, and cloud resource in a unified platform. It tracks assets from acquisition to retirement, ensuring complete visibility across AWS, Azure, Google Cloud, and on-prem infrastructure. Every configuration item, license, and contract — documented, organized, and optimized.

Global enterprises like Microsoft and Morgan Stanley rely on ServiceNow to rein in sprawling IT environments. Their IT teams use it to eliminate shadow assets, enforce compliance, and slash unnecessary expenditures. No more overlooked licenses. No more rogue cloud instances burning budget in the background.

In enterprises with thousands of assets and dynamic cloud environments, IT inventory is a living system. ServiceNow doesn’t just document infrastructure — it guides its evolution, ensuring that every resource is accounted for, secure, and cost-effective. For IT architects and DevOps teams, this isn’t just a management tool — it’s a map, a compass, and a guardrail all in one.

Features

• Asset Repository. A centralized command hub where every device, application, and contract is accounted for. No gaps, no blind spots.
• Automated Lifecycle Management. IT assets don’t just exist; they evolve. This system tracks them from deployment to decommissioning, flagging inefficiencies along the way.
• Multi-Cloud Integration. ServiceNow connects directly with AWS, Google Cloud, and Azure, enabling real-time inventory updates, intelligent resource allocation, and automated asset tracking.
• Compliance and Audit Readiness. ITAM enforces contract governance, security policies, and regulatory standards without the last-minute scramble.
• Financial Insights. Every asset is an investment. ServiceNow ties costs to usage, ensuring IT budgets stay lean and effective.
• Network Visibility. ITAM helps map relationships between devices, software, and cloud resources, offering a holistic view of dependencies.

Pricing

ServiceNow’s software asset inventory pricing isn’t one-size-fits-all; it’s tailored to your organization’s needs. Factors like selected modules, user count, and desired features play a role. 

The Essentials package starts at $10 per user per month, covering basics like incident management.

On the higher end, the Premier package can reach up to $100 per user per month, offering comprehensive IT asset inventory management and advanced ITAM functionalities. Keep in mind, these figures can vary based on specific requirements and negotiations. 

For precise numbers, it’s best to consult directly with a ServiceNow representative.

Pros and Cons

✅ “All routine tasks, such as license compliance, asset inventory, and contract renewals, can be automated to improve efficiency and minimize human error.” - G2

✅ “Very smooth implementation. Can be integrated with n numnber of 3rd party applications.” - G2

✅ “The customer support is timely, effective and has sufficient expertise which allows for a trouble free implementation.” - G2

❌ “Sometimes UI of this IT inventory system feels a little outdated.” - G2

❌ “It is a bit tricky to set exclusions, define bundles, find and normalise software which did not get picked up by the ServiceNow content library.” - G2

Read also: Find the Best Hybrid Multi-Cloud CMDB: Cloudaware CMDB vs. ServiceNow

Device42

No inventory? No control. No visibility. Managing IT infrastructure without structure is chaos. Device42 eliminates the guesswork. It maps every hardware, software, and cloud resource in real time. IT teams see everything. Every change. Every cost. Every risk. Tracked, categorized, and accounted for.

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Big players trust it. Cox Communications. ProQuest. They use Device42 to eliminate asset blind spots. To optimize infrastructure. To maintain absolute visibility across AWS, Azure, GCP, and on-prem environments. IT architects and DevOps teams use it as the core of their IT asset inventory management — tracking every change, enforcing compliance, and preventing costly misconfigurations.

Features

• Automated Discovery. Finds devices, software, cloud assets. Updates configurations instantly.
• CI Relationship Mapping. Tracks dependencies. Software, hardware, and cloud in one view.
• Lifecycle Tracking. Procurement to retirement. Every asset’s journey, logged.
• QR & Barcode Integration. Tag, scan, track. No more lost assets.
• Cloud Resource Management. AWS, Azure, GCP. Unified inventory. Real-time data.
• Warranty & Contract Oversight. Support expiration? License renewal? No surprises.
• Network Visualization. See relationships. Track flows. Control everything.

Pricing

This IT asset inventory software runs on annual subscriptions with pricing tied to how many devices you’re managing.

If you’re handling up to 100 devices, it’s $1,449 a year. 

Between 101 and 500? You’re looking at $2,999. 

Scale that to 1,000 devices and it’s $4,999. 

Got up to 2,500? That’s $9,999.

Running a bigger fleet or juggling multi-cloud, hybrid madness? There’s custom pricing for that. Just hit them up to get something that fits your setup like a glove.

Pros and Cons

✅ “They are great at using the latest trends in asset management, most complete hybrid IT discovery.” - G2

✅ “0/10 to Device42 team and customer service support team . Customer service support is always prompt in helping and they are simply genious who can turn around things very quickly .” - G2

✅ “Easyness of use. The product get better with every update.” - G2

❌ “It takes some time to get used to the interface and navigation in general.” - G2

❌ “The organization should provide a demo or free trial for businesses and individuals to try out if the platform meets their need.” - G2

IT inventory management should work for you. Not slow you down. Device42 delivers automated tracking, full visibility, and enterprise-grade control over IT assets. IT architects and DevOps teams rely on it to optimize costs, prevent compliance failures, and streamline multi-cloud asset management.

Read also: Find the Best Hybrid Multi-Cloud CMDB: Cloudaware vs. Device42

Asset Panda

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IT assets disappear. Not physically, but in data. Laptops, servers, software licenses — drifting through networks, misplaced in spreadsheets, forgotten in audits. Asset Panda brings them back into focus. A cloud-based IT inventory management software, it tracks every device, every contract, every movement. Nothing gets lost. Nothing goes unaccounted for.

Companies like Electronic Arts and Montana State University rely on Asset Panda to keep their IT ecosystems under control. They use it to track hardware, manage software, enforce accountability, and eliminate inventory chaos. Whether monitoring AWS, Azure, Google Cloud, or on-premise servers, this management software serves as a digital gatekeeper, ensuring every asset is registered, assigned, and monitored.

Features

• Real-Time Asset Tracking. IT teams can see where assets are, who’s using them, and their current status — instantly.
• Lifecycle Management. From procurement to disposal, every update is logged, every change is recorded. No missing data. No outdated entries.
• Barcode & QR Code Integration. Scan, register, locate. IT managers can tag devices and update inventory with a quick mobile scan.
• Cloud Resource Control. AWS instances, Azure VMs, and Google Cloud services are tracked alongside physical assets, ensuring full-spectrum visibility.
• Automated Workflows. Custom triggers for maintenance, renewals, and compliance checks keep IT operations proactive, not reactive.
• Assignment & Permissions. Track who has access to which devices, software, or cloud instances. No more unclaimed assets floating in the system.
• Network Oversight. Visualize asset relationships, map dependencies, and monitor IT infrastructure connectivity for smarter asset management.
• 24/7 Support. The platform provides technical support to assist IT teams with troubleshooting, implementation, and optimization.

Pricing

Asset Panda structures its pricing based on the number of assets you need to track, offering unlimited user access across all plans. Plans start at $125 per month when billed annually, becoming more cost-effective as the number of assets increases. For organizations managing over 5,000 assets, customized plans are available to meet specific requirements.

According to Vendor's internal transaction data, the average annual cost for Asset Panda is approximately $4,400, with prices varying based on a company's specific needs. The maximum price reported is around $24,000 per year.

For precise pricing tailored to your organization's asset management needs, it's recommended to contact Asset Panda directly.

Pros ✅

• "The customizabilty of the product is great, and could be useful for many types of companies." - G2
• “I also appreciate that you can add new categories that fit the needs of the business.” - G2
• “Custom fields allows you to track your assets deployment, warranty information and depreciation.” - G2

 Cons ❌ 

• “There is no way to get your asset data out via download or export, only by generating reports (pdf, csv), and you can only get reports via email (no download option).” - G2
• “The dashboard feature could use some tweaking as it is far from comprehensive and although the interface is reasonably aesthetic and functional it could use a bit of a facelift.” - G2

Asset Panda is more than an inventory management software — it’s a full-scale asset control system. It simplifies tracking, enhances visibility, and ensures IT teams never lose sight of their assets.

Read also: ITIL CMDB Insights: Simplify 7 Processes Across Hybrid Environments

Deepser

Deepser draws the map, charts the terrain, and puts every IT asset where it belongs. A powerful IT inventory management software, it discovers, tracks, and catalogs everything — hardware, software, network components — across cloud and on-prem environments. No blind spots. No missing data. No outdated logs.

Università Ca’ Foscari and other organizations rely on Deepser to structure their IT ecosystems, reduce operational chaos, and create a unified source of truth. It integrates with AWS, Azure, and on-prem environments, ensuring that physical and virtual assets stay under control. IT teams gain visibility, prevent compliance risks, and track every piece of infrastructure in real time.

Features that reshape it oversight

• Automatic Data Discovery. Deepser scans the entire infrastructure, detecting devices via SNMP, WMI, and SSH. IT teams get real-time tracking updates without manual input.
• Lifecycle Management. Every asset’s journey is logged — procurement, deployment, maintenance, retirement. No orphaned software, no forgotten hardware.
• Network Monitoring. CPU load, RAM usage, disk performance — all monitored. Alerts trigger automatically before issues escalate.
• Help Desk Integration. Assets link directly to tickets. Support teams see device history, software status, and previous incidents instantly.
• Customizable User Portal. IT admins control dashboards, create asset-specific workflows, and build tailored reporting tools.
• Comprehensive Asset Management. IT teams manage licenses, hardware allocations, and compliance records in a single system.

Pricing

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If you're digging through tools to get your asset game locked down, Deepser keeps it refreshingly no-nonsense.

Their Starter Plan runs at $36 per agent monthly (yep, billed annually), and it’s already stacked—ticketing, dashboards you can actually make your own, Microsoft 365 and Google Calendar sync, a user portal, CRM, Kanban board, task flows, SLAs, and unlimited API calls. It’s like the basics, but smarter.

Step it up to the Plus Plan at $45 per agent, and things get real. You get a full-blown it inventory tracking software with unlimited assets, visual graph views, IT asset management software baked in, monitoring, contracts, passwords, a full knowledge base, and even live chat.

Got a bigger crew? They’ve got discounts waiting. 

And if you want a price that fits your stack perfectly, best to reach out and get the numbers tailored for your setup.

Pros ✅

• “It is easy to use and has a nice interface. I have all information I need in a single tool and do not need to use multiple software anymore.” - G2
• The intuitive design makes it easy to navigate and manage assets across multiple environments.
• Inventory management is streamlined with automated data discovery and asset tracking capabilities.

Cons ❌

• As of now, there are fewer user reviews available, which may make it challenging to assess the software’s performance across diverse scenarios.
• Some users mention that additional reporting features would further improve IT visibility.

Deepser transforms inventory management into an automated, structured, and intelligent system. From tracking IT devices to managing support requests, it gives IT teams full control over their infrastructure.

Read also: 7 Strategies for CMDB Application Mapping Success in Hybrid IT Infrastructure

FreshService

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Freshservice is a cloud-native IT inventory management software that automates discovery, tracks every configuration item, and ensures nothing fades into digital obscurity. Devices, applications, contracts — everything is accounted for, mapped, and monitored.

Companies like Shift Technologies and Klaviyo use Freshservice to structure their IT environments, eliminate shadow assets, and gain full visibility into their infrastructure. It integrates seamlessly with AWS, Azure, and Google Cloud, acting as a unified command center for IT asset management and oversight.

Features

• Automated Asset Discovery. Freshservice scans, detects, and logs every device, software, and cloud resource — no manual tracking required.
• Lifecycle Management. From procurement to decommissioning, every asset follows a documented path. No misplaced hardware. No wasted software licenses.
• Multi-Source CMDB. Consolidates inventory data, revealing hidden dependencies and reducing downtime risks. CI relationships? Fully mapped.
• SaaS Management. Monitors cloud software usage, optimizes license distribution, and prevents unnecessary renewals. No more silent budget drains.
• Contract & Compliance Tracking. Renewals, audits, support agreements — Freshservice keeps everything on schedule, reducing compliance risks.
• Network Asset Visibility. Maps IT infrastructure, monitors connections, and ensures every asset is accounted for in real time.

Pricing

Freshservice keeps things tiered so you’re not paying for more than you need — but you’ve got room to scale when it’s go time.

Just getting started? It’s $19 per agent each month, and you get the essentials — incident handling, asset tracking, and your own internal knowledge base to keep things smooth.

Need the whole nine yards of this IT asset inventory tool? Their $99 plan gives you the full ITSM toolkit, with automation and custom workflows that actually flex around how your team works — not the other way around.

Everything’s billed yearly, and yep, they’ve got a free trial if you wanna poke around before locking it in.

Pros ✅

• “The UI/UX is amazing. Both agents and end users find it incredibly use but also incredibly flexible and customizable. We were able to very quickly implement our necessary customizations and integrate it with our other systems like Entra and intune.” - G2
• "I love the IT inventory tools automation features and they save us a lot of time." - G2

Cons ❌

• "Reporting seems a little clunky but gives us what we need right now. It's early days in diving into that aspect of things." - G2
• “There customer support is very script based and doesnt help in all cases.” - G2

Read also: Decoding configuration management vs change management in a multi-cloud environment

BMC Helix

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BMC Helix keeps every asset in sight, every software license in check, every cloud instance accounted for. It transforms IT inventory management into a living, breathing ecosystem — monitored, organized, optimized. No missing devices, no overlooked configurations, no untracked software.

Capgemini, Elevance Health, and other global enterprises use BMC Helix to maintain ironclad control over their IT assets. From sprawling data centers to ephemeral cloud resources, every piece of infrastructure is logged, categorized, and tracked. It integrates directly with AWS, Azure, and Google Cloud, ensuring no shadow IT creeps into the system. The IT inventory system stays current, preventing compliance risks and unexpected costs.

Features

• Automated Asset Discovery. Scans networks, detects devices, catalogs software, and registers cloud workloads. No gaps, no blind spots, no outdated records.
• Configuration Mapping. Every asset’s relationships are mapped in real-time, revealing dependencies, preventing conflicts, and strengthening resilience.
• Lifecycle Governance. Procurement, deployment, patching, decommissioning — each step recorded, every transition transparent. Nothing falls out of compliance.
• AI-Driven Insights. Identifies underutilized resources, flags risks, and optimizes IT spending before inefficiencies multiply.
• Multi-Cloud Asset Management. Unifies AWS, Azure, and GCP under one control panel, eliminating fragmented tracking across different platforms.
• Software Asset Inventory. Consolidates software licenses, usage data, and compliance records, ensuring IT teams stay ahead of audits and cost overruns.
• Network Visibility. Monitors connections, tracks dependencies, and prevents bottlenecks that slow IT operations.
• IT Support & Ticketing Integration. Links asset tracking with service requests, streamlining maintenance and troubleshooting.

Pricing

BMC Helix ITSM offers a comprehensive suite of features tailored for enterprise needs. Pricing is structured per named user, per month, with help desk analysts, asset inventory owners, and administrators each priced at $114.75. Self-service users are included at no additional charge.

For the most accurate and up-to-date pricing tailored to your organization's requirements, it's recommended to contact BMC directly.

Pros ✅

• "BMC Helix Discovery coming up with the SaaS model helps to decrease infrastructure footprint and using Outposts helps in discovery in a more efficient manner. In a way more and more customers are looking to expect from a solution - SaaS to save costs." - G2
• “Quick discovery, ci relationship auto discovered. Quick setup.” - G2
• “I also like that this inventory management software does not require the user to have advanced knowledge, and that the installation and use of the software is accessible to most people (with minimal computer knowledge, of course).” - G2

Cons ❌

• "BMC providing exceptional features is still costly which most clients are unable to afford." - G2
• “Monitoring tools could be more stable. Their offering isn't as good as it could be.” - G2

Solarwind

SolarWinds keeps every asset visible, every change documented, every risk controlled. No guesswork, no outdated spreadsheets, no scrambling to track missing resources. It’s the IT inventory tool that ensures total transparency across cloud, on-prem, and hybrid environments.

Lockheed Martin, Accenture, and other global enterprises use SolarWinds to structure and secure their IT environments. It integrates natively with AWS, Azure, and Google Cloud, ensuring that multi-cloud assets, physical devices, and software inventories stay in sync, always updated, always accounted for. From IT equipment inventory software to real-time monitoring, it delivers a full-scale asset management solution.

Inventory management features

• Automated Discovery. Scans networks, detects assets, tracks every new deployment — cloud, on-prem, virtual.
• Real-Time Monitoring. Uptime, performance, security alerts — all visible, all in one place.
• Configuration Tracking. Every update logged. Every unauthorized change flagged. Compliance intact.
• Lifecycle Management. Procurement to decommissioning. No lost assets. No forgotten software renewals.
• Custom Reports & Analytics. Full asset visibility. Cost optimization. Compliance insights before audits hit.
• Network Mapping. Connected devices, dependencies, vulnerabilities — everything mapped, no blind spots.
• IT Support Integration. Links asset tracking to service management software for faster resolution times.

Pricing

This it equipment inventory software is super flexible and stacked based on how deep you wanna go.

If you're just looking to cover the basics like incident tickets, asset tracking, and a searchable knowledge base, you're starting at $39 a month per tech. Want more control? At $79, you unlock custom fields and smarter automations. And if you’re ready to go full throttle with visual CMDB and priority support baked in, it's $99 per tech.

The nice part? You can have as many end users as you want — no extra charges for the folks submitting requests. 

Asset pricing? That’s custom, so you’ll need to ask. Oh, and yep — they do let you test the waters with a free trial.

Pros ✅

• “I really like the application health overview on the main SAM page, the APP Stack is a wonderful addition. The App insight for SQL and IIS is a game changer as well and we utilize it daily.” - G2
• “The feature i like most about this IT inventory tool is the pie charts and maps, they are very easy to read and you can glance at them to get a lot of info on my data.” - G2

Cons ❌

• “A lot of boilerplate UI around actual messages makes it hard to read logs when it works.” - G2
• “Absolutely idiotic screen sequences and job flows, cryptic messages, and to add insult to injury - automatic refresh of the pages that don't change.” - G2

Flexera

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IT architects and DevOps teams rely on Flexera’s CMDB to bring order to IT infrastructure, eliminate ghost assets, and integrate seamlessly with top IT management software. It syncs with ServiceNow, BMC, and other ITSM platforms, ensuring every change, update, and decommissioning gets logged automatically.

Asset management features

• Automated Data Discovery & Normalization. Finds, cleans, and structures asset data across ITSM and CMDB tools.
• End-of-Life & End-of-Support Tracking. Flags outdated software and hardware before they cause security or compliance issues.
• Multi-Cloud & On-Premise Visibility. Maps assets across AWS, Azure, GCP, and private data centers — no silos, no missing records.
• Seamless Integration. Syncs IT inventory tools with existing ITSM platforms, keeping all data sources in sync.
• Compliance & Risk Mitigation. Reduces security risks, ensures regulatory compliance, and prevents misconfigurations.
• Network Asset Oversight. Keeps track of connected devices and infrastructure dependencies, eliminating blind spots.

Pricing

Flexera asset inventory management system pricing isn't one-size-fits-all. It shifts depending on how complex your setup is and what you're trying to manage. 

Most teams are dropping around $30K a year, but if you’re rolling out across a big, distributed environment, that number can climb way higher—think up to $640K. 

If you're heavy on AWS, just cloud cost optimization alone could run you about $40K a year.

Here's the real talk from users on Flexera software inventory tools on G2 and Capterra:

Pros ✅

• Comprehensive Asset Visibility: "Flexera One provides a centralized view of all our assets, making it easier to manage and secure our environment." ​G2
• Effective Compliance Tracking: "The compliance tracking features have streamlined our audits, making the process less stressful." ​ G2
• Cost Optimization: "Flexera One helps in identifying unused licenses, leading to significant cost savings." ​G2  
• User-Friendly Interface: "Navigating through Flexera is intuitive, which has reduced the learning curve for our team." G2 

Cons ❌

• Complexity in Setup: "Setting up the platform required more time and resources than anticipated." ​ G2
• Limited Customization Options: "While powerful, the platform has limited options for UI customization to fit our specific needs." ​ G2 

IT asset inventory tools fail without clean, structured data. Flexera keeps your CMDB accurate, your IT spend optimized, and your inventory management software running smoothly.

Read also: Master Cloud Configuration Management: Tools & Tips

Axonius

Axonius — the beacon that illuminates every device, user, and software instance. This IT asset inventory software offers unparalleled visibility, ensuring nothing slips through the cracks. From cloud workloads to on-prem infrastructure, it tracks, analyzes, and protects IT environments.

Companies like Lionbridge leverage Axonius to fortify security frameworks and gain a real-time grasp of their IT landscapes. It seamlessly integrates with AWS, Azure, and Google Cloud, ensuring every asset is mapped, monitored, and secured.

Axonius emerges as the linchpin for IT inventory management and security assurance. With deep integrations, automated tracking, and compliance enforcement, it’s a go-to solution for DevOps teams and IT architects focused on operational excellence.

Features

• Automated Asset Discovery. Axonius integrates with 800+ data sources, pulling in asset details for a complete, unified view.
• Security Control Validation. Cross-references assets with security policies to detect gaps and enforce compliance.
• Multi-Cloud Integration. Maps assets across AWS, Azure, and GCP, offering full network visibility.
• Automated Enforcement Actions. Applies rules to trigger automatic responses for non-compliant assets, simplifying remediation.
• Comprehensive Device Tracking. Monitors physical and virtual devices, reducing security blind spots.
• Seamless IT Support Integration. Syncs with ITSM and security tools for streamlined incident response.

Pricing

Axonius doesn’t just throw out a flat price. They look at your setup first: how big your org is, how many assets you’re managing, and what kind of features you need. 

On average, folks are paying somewhere around $54K a year. But if you’ve got a massive, complex environment, it can go north of $120K. 

Best move? Hit them up directly and get a quote that actually fits your stack.

Pros ✅

• Enhanced Asset Visibility and Correlation. "Axonius solves the problem in overall asset visibility. It also helps you to identify the unique number of assets in your environment. Compared to other it inventory management software, Axonius correlates, normalizes, validates, and deduplicates data. With this correlation, you can easily identify rogue devices, devices with no agents, and especially in auditing and compliance checks." — ​G2

• Rapid Deployment with Extensive Integrations. "The software was simple to install and setup. We were collecting data in under an hour. There are a ton of adapters. " — ​Capterra

• Comprehensive Data Aggregation Across Systems. "Aggregates data on existing assets and user accounts, which is part of what a SIEM does. This it inventory software Validates issues with endpoints from multiple sources. Tracks activity on certain servers/endpoints and runs reports that help us determine the Risk Impact by asset/person." — ​Capterra

  Cons ❌

• Complexity in Setup: "Setting up the platform required more time and resources than anticipated." -G2

• Limited Customization Options: "While powerful, the platform has limited options for UI customization to fit our specific needs." ​- G2

Read also: Cloudaware CMDB vs. Axonius: Which Solution Fits Your Needs? 

FAQs on inventory management software

1. What is inventory management software?

Inventory management software is a tool that helps businesses track, manage, and optimize their stock, IT assets, and infrastructure. It ensures devices, software licenses, and hardware are properly recorded, minimizing loss, misplacement, and compliance risks.

2. How does inventory management software work?

It automates tracking, asset management, and network visibility by integrating with IT systems, ERP, ITSM, and cloud platforms like AWS, Azure, and GCP. It provides real-time insights, automated alerts, and compliance monitoring for full inventory control.

3. What are the key features of inventory management software?

• Automated asset tracking (hardware, software, cloud resources)
• Multi-cloud and on-premise inventory management
• Security and compliance enforcement
• Lifecycle management (procurement to decommissioning)
• Integration with ITSM and enterprise management software
• Custom reporting and analytics

4. Who needs inventory management software?

IT teams, DevOps engineers, and IT architects managing large infrastructures rely on inventory tracking tools. Companies with multi-cloud, hybrid, or complex IT networks benefit from automated asset management to streamline workflows and reduce manual errors.

5. How does inventory management software support IT asset management?

It ensures accurate asset tracking, prevents ghost assets, optimizes software licensing, and reduces compliance risks. IT teams gain full visibility over devices, software, and network dependencies for better decision-making.

6. What is the difference between inventory management and IT asset management software?

While inventory management covers physical stock, hardware, and IT assets, IT asset management software specializes in software tracking, licensing, compliance, and lifecycle management for IT infrastructure.

7. Can inventory management software improve compliance?

Yes. Many solutions provide automated audits, security enforcement, and policy-based tracking to reduce regulatory risks.

8. Is there free inventory management software available?

Yes. Some tools offer free versions with basic features, while enterprise-grade platforms provide free trials before full implementation.