The Best Construction Asset Management Software of 2024

Why use SafetyCulture?

SafetyCulture excels as a construction asset management software with its robust tools for asset maintenance. This mobile-first platform helps construction companies prolong equipment lifespan and minimize costly downtime, ultimately boosting operational efficiency. In addition, its centralized platform offers real-time updates on asset location, task allocation, and performance metrics, ensuring construction equipment and tools are safe and ready to use for projects.

Key Features:

  • Improve the uptime of your assets by scheduling maintenance tasks ahead of time and getting a detailed overview of their performance in one platform.
  • Track the locations of your critical assets by connecting GPS trackers to the platform and receiving real-time updates on equipment utilization to prevent costly breakdowns.
  • Automate pre- and post-shift asset inspections to identify hazards and ensure safety compliance using our pre-made inspection checklist or create your own.
  • Generate detailed reports on asset performance, utilization, and other performance metrics to inform decision-making and optimize asset management strategies.
  • Integrate with other tools and systems, such as project management software, accounting software, and ERP systems, to streamline workflows and data sharing.

Why use Align EAM?

Align EAM helps construction companies manage the movement and logistics of their construction assets. The platform provides easy-to-use workflows for more efficient tracking and management of equipment, tools, materials, and consumables.

Key Features:

  • Wireless tracking
  • Tool management
  • Service & calibration

Why use AgileAssets?

AgileAssets is construction asset management software focusing on optimizing infrastructure assets through advanced analytics. Its asset intelligence features help contractors, owners, and architects automate processes, improve efficiency, and make informed decisions about their construction assets.

Key Features:

  • Inventory management
  • Geolocation and spatial analysis
  • Reports & dashboards

Why use Contractor Foreman? 

Contractor Foreman is a project and construction asset management solution designed specifically for contractors. It offers a simple, intuitive interface with powerful features to help users manage assets used in projects effectively through detailed logs.

Key Features:

  • Work order management
  • Vehicle and equipment logs
  • Purchase orders

Why use Buildertrend?

Buildertrend is a cloud-based construction asset management software that caters to the needs of residential home builders and remodelers. While it primarily functions as a project management tool, this all-in-one platform can also help you track the location and use of vital construction equipment and assets.

Key Features:

  • Daily logs
  • Materials management
  • Project management

Why use CMiC?

CMiC is a comprehensive construction asset management software that offers features to help contractors streamline processes, manage physical assets used in operations, and improve inventory management. Its powerful platform can handle large-scale projects and equipment with ease.

Key Features:

  • Equipment and fixed assets
  • Preventive maintenance
  • Change order management

Why use Reftab?

Reftab is a cloud-based platform designed to help construction companies track and manage their assets efficiently. It offers barcode scanning, maintenance tracking, and reporting features to streamline processes and improve productivity.

Key Features:

  • Barcode designer
  • Reports & chart builders
  • Role-based access rights

Why use Tenna?

Tenna’s construction asset management solution helps construction companies manage and track all their owned and rental assets. It offers a range of features to optimize asset utilization, reduce costs, and increase productivity.

Key Features:

  • Resource management
  • Third-party integrations
  • Asset management

What is Construction Asset Management Software?

Construction asset management software is a specialized tool designed to help construction companies track, manage, and maintain their assets efficiently. This software typically includes features such as inventory management, maintenance scheduling, equipment tracking, and work order management.

The platform helps companies improve asset utilization, reduce downtime, and increase productivity. Additionally, construction asset management software can provide valuable insights into asset performance and help predict maintenance needs, ultimately leading to cost savings and improved operational efficiency.

Benefits

There are many benefits to using construction asset management software, including:

  • Centralized asset management – All asset-related information is stored in a centralized location accessible to all team members. This eliminates the need for manual tracking and minimizes errors.
  • Real-time data tracking – The software allows for real-time tracking of assets, providing accurate insights into their utilization, maintenance status, and overall performance.
  • Reduced downtime – By monitoring assets’ performance and predicting maintenance needs, companies can proactively address potential issues before they cause significant downtime. This can lead to increased productivity and cost savings.
  • Improved compliance – Construction asset management software can help companies stay compliant with industry regulations and safety standards by tracking maintenance schedules and ensuring equipment is up to date.
  • Enhanced inventory management – The platform helps companies track their inventory levels in real time, minimizing the risk of stockouts. This ensures that the necessary tools and materials are always available for projects, preventing delays and cost overruns.
  • Increased efficiency – Construction asset management software helps improve overall operational efficiency by streamlining asset management processes in real time. It reduces the time spent on manual tasks such as data entry and paperwork, allowing teams to focus on more critical tasks.

Key Features

Most construction asset management software has various features to help companies efficiently manage their assets. Some features to look at include:

  • Asset tracking
  • Inventory management
  • Maintenance scheduling
  • Work order management
  • Reporting and analytics

Choosing the Best Construction Asset Management Software

When looking for the best construction asset management software, consider your business needs and look for a platform that offers features that align with those needs.

The table below provides a comparison based on free versions, pricing, and mobile app accessibility, providing the necessary information to make informed decisions.

Construction Asset Management Software Free Version Paid Plan Mobile App
SafetyCulture Yes $24/user/month* Yes
Align EAM None Custom pricing Yes
AgileAssets None Available upon request Yes
Contractor Foreman None $49/month* Yes
Buildertrend None $199/month Yes
CMiC None Available upon request Yes
Reftab Yes $31.25/month* Yes
Tenna None Available upon request Yes

* billed annually

Rob Paredes
Article by

Rob Paredes

SafetyCulture Content Contributor
Rob Paredes is a content contributor for SafetyCulture. Before joining SafetyCulture, he worked as a financial advisor, a freelance copywriter, and a Network Engineer for more than a decade. Rob's diverse professional background allows him to provide well-rounded, engaging content that can help businesses transform the way they work.