Asset Panda Reviews & Pricing

by Asset Panda | aFounded 2012, Frisco, TX

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What is Asset Panda?

Industry Specialties: Serves all industries

Asset Panda is a cloud-based asset management software designed to help businesses track, manage, and maintain their physical assets. It's particularly well-suited for organizations with a large number of assets, as it allows for efficient inventory management through features like mobile apps and barcode scanning. Asset Panda boasts a user-friendly interface and integrates with existing software, streamlining workflows. User reviews consistently highlight the software's ease of use and its ability to provide real-time asset data, which helps businesses improve overall asset lifespans and prevent loss. Pricing typically follows a subscription model with tiers based on the number of users and features required.

Pros
Easy to use
Real-time data
Mobile access
Affordable (tiers)

Cons
Limited reporting
Customization limitations
Large assets may struggle
Integration complexity
Scalability concerns

PRICE

COMPANY SIZE

DEPLOYMENT

PLATFORM

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User Sentiment i

Based on 1445 reviews:

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Product Screenshots and Videos

#3

Asset Panda is ranked #3 in the EAM Software product directory based on the latest available data collected by SelectHub. Compare the leaders with our In-Depth Report.

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Asset Panda Pricing

Based on our most recent analysis, Asset Panda pricing starts at $83 (Monthly).

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Starting From: $83
Pricing Model: Monthly
Free Trial: Yes, Request for Free

Training Resources

Asset Panda is supported with the following types of training:

Documentation
In Person
Live Online
Videos
Webinars

Support

The following support services are available for Asset Panda:

Email
Phone
Chat
FAQ
Forum
Help Desk
Knowledge Base
Tickets
Training
24/7 Live Support

Asset Panda Benefits and Insights

Why use Asset Panda?

Key differentiators & advantages of Asset Panda

No Hardware Required: Remove the need for server hardware in the facility with a combination of cloud hosting and a free mobile app. Perform all tasks on mobile devices, such as tablets or smartphones, or connect via a computer.
Configured to Suit Your Needs: Extensive personalization options and custom fields help configure the platform according to company requirements.
Replace Spreadsheets: Replace spreadsheets with a single system that stores contacts, offers asset profiles and manages maintenance tasks. All data can be exported back and forth from Excel.
Automated Reporting: Easily generate reports for audits, budgeting or gaining insight into business to help keep all parties up-to-date. Offers a drag-and-drop interface that lets non-technical users create intuitive reports.
Centralized Contact Management: Store contact information for vendors, clients, contractors and more, reducing the chances of lost emails or missed correspondence. Filter and sort based on custom attributes for easy management.
Maintain Security: Ensure data security and responsibility with role-based access that restricts sensitive information and activities based on designation.
Leverage Custom Ticketing System: Lets users both within the organization or outside of it create work order requests, track asset repair work and resolve issues from a convenient centralized hub.

Industry Expertise

Specializes in IT, education, emergency services, nonprofits, religious organizations, hospitality, healthcare, government and equipment leasing industries.

Asset Panda Reviews

Average customer reviews & user sentiment summary for Asset Panda:

1445 reviews

94%

of users would recommend this product

Asset Panda has a 'excellent' User Satisfaction Rating of 94% when considering 1445 user reviews from 5 recognized software review sites.

Synopsis of User Ratings and Reviews

Based on an aggregate of Asset Panda reviews taken from the sources above, the following pros & cons have been curated by a SelectHub Market Analyst.

Pros

Asset Tracking: This feature tracks assets in multiple locations, as noted by 92% of reviewers mentioning this feature.
Customer Support: Customer service is patient and helpful, according to more than 90% of users mentioning support.
Easy to Use: Every user mentioning usability said that Asset Panda has a user-friendly interface.
Customization: Extensive customizations help users fit the software to their company, according to 95% of reviews referring to this feature.
Inventory Management: Asset Panda helps keep track of maintenance updates, assets and failure patterns, according to 90% of users who mention this feature.
Mobile Application: It’s easier to track assets and continue working from anywhere, according to more than 80% of reviews on the mobile app.

Cons

Barcode Scanner: Barcode scanning on the mobile interface needs improvement, according to 70% of reviews mentioning this feature.
Reporting: The reports are complicated, as observed by 70% of users who mention reporting.
Cost: More than 60% of reviewers who refer to price mentioned that it’s on the higher end compared to other products, especially considering the features offered.
Log Out: The system logs out users unexpectedly, forcing them to sign in frequently, according to all the users who reference this feature.

Researcher's Summary:

User reviews consistently highlight Asset Panda's user-friendly interface and its ability to streamline asset management workflows, particularly for businesses with a large number of assets. Features like mobile app access and barcode scanning for check-in/checkout processes are praised for their efficiency and reduction in manual data entry errors.

However, some users felt the reporting capabilities lacked depth compared to similar products. This can be a hurdle for businesses requiring granular asset data analysis. Additionally, concerns were raised regarding customization limitations, potentially hindering the software's adaptability for highly specialized asset management needs.

A key differentiator for Asset Panda is its affordability, offered through tiered subscription plans. This makes it an attractive option for startups or smaller businesses seeking a cost-effective asset management solution. On the other hand, larger corporations with complex asset structures might require the more robust features and customization options potentially offered by competitors, even if it comes at a higher price point.

In conclusion, Asset Panda's user reviews position it as a user-friendly and affordable asset management solution well-suited for businesses with a mid-sized inventory that prioritizes streamlining workflows and cost-effectiveness. While its reporting and customization might not meet the needs of every company, its core functionalities effectively address common asset management challenges.

Key Features

Asset Tracking: Advanced tracking features include pick lists, asset grouping, location mapping and bulk asset updates. Asset profiles support uploading images, documents, videos and audio notes.
Maintenance Management: Lets multiple user types (client, guest, admin) create work orders. Also offers email notifications for upcoming due dates, automated reporting, optimizes WOM processes and helps execute preventive maintenance plans.
Transaction Configuration: Enables configuration even after implementation. Options include limited user access, custom fields, configurable notifications, custom reports and a range of other unlimited custom actions.
Mobile Barcode Scanner: Allows mobile phones to scan barcodes to pull up important asset information for assets logged in the system such as repair history, warranties, images and more.
Free Mobile App: Log into the system through a free Android or iOS app that syncs with the cloud-hosted solution for easy access on the go.
Integrations: Data can be exported and imported from a variety of sources in a range of formats. Generate custom APIs to ensure the system is specialized to individual needs.
User-Friendly Interface: Provides an intuitive experience with built-in search functions, user-configurable views, dashboard creation and the capability to link groups of data for easier analysis.

Cost Of Ownership

Frequently asked questions regarding Asset Panda pricing include:

Q: How much does Asset Panda typically cost?
A: Asset Panda utilizes a tiered subscription model, with pricing based on the number of assets you need to track and the features required. While they don't publicly disclose specific prices, user reviews suggest the base plans start around $45 per month for a limited number of assets. As your asset volume and feature needs increase, so will the subscription cost. Understanding your specific needs beforehand helps you choose the most cost-effective plan.
Q: Are there any hidden fees with Asset Panda?
A: Beyond the monthly subscription fee, there may be additional costs to consider. Some plans might have limitations on users or storage, requiring upgrades for additional fees. Additionally, some advanced features, like custom integrations, might incur setup or ongoing charges. It's crucial to thoroughly review the plan inclusions and exclusions to avoid any unexpected costs down the line.
Q: Is Asset Panda cost-effective for my business?
A: Determining Asset Panda's cost-effectiveness depends on your specific needs. If you manage a large number of assets and require robust features, Asset Panda can streamline workflows and potentially save money through improved asset lifespans and reduced loss. However, for smaller businesses with fewer assets, a simpler, potentially free asset management solution might suffice. Carefully consider the features you need and the potential return on investment before making a decision.

Limitations

These limitations, based on user feedback, are accurate at the time of this review:

Reports don’t show rollover from month to month and year to year.
Logs users out too quickly.
Steep learning curve in the beginning.

Suite Support

Email: [email protected] or submit a contact request through the web form on the “contact us” page.

Phone: Call 855-898-6058 between 8:30 a.m. and 5:30 p.m. during the business week.

Training: Training materials include videos, FAQ pages, a blog, whitepapers, case studies and personalized training at an additional cost.

Tickets: Submit by logging into an Asset Panda account.

FAQ

Frequently asked questions regarding Asset Panda include:

Q: How does Asset Panda handle asset check-in/checkout?
A: Asset Panda offers a mobile app that facilitates asset check-in/checkout processes. Users can scan barcodes or QR codes assigned to each asset, streamlining data entry and reducing errors. This functionality is crucial for maintaining accurate asset location data and ensuring accountability within a team.
Q: Can Asset Panda track preventative maintenance schedules?
A: Asset Panda allows users to set up automated reminders for preventative maintenance tasks on individual assets. This functionality helps prevent equipment breakdowns and unexpected downtime, potentially saving businesses from costly repairs and lost productivity.
Q: Does Asset Panda integrate with existing accounting software?
A: Asset Panda offers integrations with various popular accounting software programs. This integration allows for seamless data flow between systems, reducing manual data entry and ensuring consistency across financial records. Streamlining fixed asset management is essential for accurate depreciation calculations and financial reporting.
Q: How secure is my data with Asset Panda?
A: Asset Panda stores user data on Amazon Web Services (AWS), a secure cloud-hosting platform trusted by many businesses. They utilize industry-standard data encryption protocols to safeguard sensitive information. Understanding data security is vital, as asset management software often houses confidential details about valuable equipment.
Q: Does Asset Panda offer any user training or support resources?
A: Asset Panda provides various resources to help users get started and maximize their software's potential. These resources often include video tutorials, user manuals, and a knowledge base with helpful articles. Additionally, Asset Panda offers customer support via email, ensuring users can receive assistance if needed. User onboarding and ongoing support are crucial factors for maximizing the return on investment from any software solution.