Top 9 Manufacturing Asset Management Software of 2024

a technician fixing a machine as guided by a manufacturing asset management software

Why Use SafetyCulture?

Considered one of the most innovative digital platforms today, SafetyCulture proves its effectiveness in driving quality, safety, and operational excellence with its manufacturing system. Its robust features help maintenance technicians and reliability engineers optimize the production line through meticulous asset monitoring, risk assessment, and upkeep. Best of all, the software can be adapted to diverse manufacturing environments, from small start-up workshops to multinational enterprises operating in different sites.


  • Optimize the utilization of machinery, equipment, and vehicles by creating a digital asset portfolio that details specifications, IoT information, maintenance history, etc.
  • Gain visibility into the operations and reduce the risk of malfunctions by monitoring assets across sites with GPS-powered asset trackers and environmental sensors.
  • Get alerts when anomalies are observed on the shop floor and immediately direct relevant personnel to begin corrective or preventive measures.
  • Ensure consistency in task management, even across different facilities or production lines, by utilizing digital templates available in the Public Library.
  • Facilitate seamless data exchange, task monitoring and coordination, and production planning and execution by integrating current ERP, MES, and CMMS into the platform.

Why Use ToolSense?

An asset tracking and management platform, ToolSense is the perfect solution for manufacturing, construction, and logistics companies. With its advanced IoT capabilities, companies can track equipment, machinery, and vehicles in real-time, monitor usage and condition, and optimize their entire operation.


  • QR-Code Based Asset Tracking
  • Parts & Inventory Tracking
  • Equipment Safety Inspections

Why Use TMA Systems?

As a reliable facility and asset management solution, WebTMA helps manufacturing companies leverage insights to make smarter decisions about work orders, maintenance tasks, and process optimization. This platform has demonstrated its expertise for over three decades, servicing some of the biggest names in various industries.


  • End-to-End Facilities and Asset Maintenance
  • Equipment Downtime Tracking
  • One-Stop Customer Service Platform

Why Use Limble?

A cloud-based computerized maintenance management system (CMMS), Limble helps manufacturing companies by providing managers with a comprehensive listing of their equipment and machinery. The centralized repository enables managers and technicians to review asset KPIs, conduct inspections, and accomplish maintenance tasks effectively.


  • Asset Health Tracker
  • Preventive and Predictive Maintenance
  • Spare Parts Inventory

Why Use Mpulse?

Established in 1995, MPulse is one of the most versatile maintenance management platforms that has been providing top-notch solutions to healthcare facilities and manufacturing companies across the globe. With the help of this world-class CMMS, manufacturers can extend their asset’s lifespan and ensure continued operations.


  • PM Scheduling and Tracking
  • Parts and Supplies Inventory
  • Global Search Navigation

Why Use AkitaBox?

Designed to streamline facility management workflows, AkitaBox’s robust features have helped managers track, monitor, and maintain their heavy machinery, electronics, tools, and digital assets. Its mobile capabilities have also been praised by many, enabling managers to access information, submit requests, and manage tasks on the go.


  • Automated Data Collection
  • Asset Maintenance Portal
  • Failure Probability Tracking

Why Use Fracttal?

Chilean-based Fracttal One is the CMMS of choice for many utilities, facilities, and manufacturing companies that require top-notch maintenance solutions. With this platform, users can track assets, access work orders, and submit progress notes via mobile devices at any time of the day and even in remote locations.


  • Smart Assistant (Automated Maintenance Advisor)
  • IoT Compatibility
  • Maintenance Requests

Why Use Eptura Asset?

Eptura Asset is a cloud-based CMMS that helps track assets, provides complete maintenance history, and delivers performance insights, which drives efficiency and productivity for the company.


  • Inventory and Equipment Management
  • Preventive and Predictive Maintenance
  • Calendar Dashboard

Why Use Asset Infinity?

Created by India-based PcsInfinity, Asset Infinity’s tracking and management software utilizes RFID tags and other sensors to locate, secure, and efficiently schedule equipment, machinery, and other physical manufacturing assets. It is suitable for small to medium-sized businesses because it is one of the most affordable in the market today.


  • Asset Information with QR or Barcode Tracker
  • Maintenance Calendars
  • Depreciation Calculators

What is Manufacturing Asset Management Software?

Manufacturing asset management software is a digital solution designed to oversee, optimize, and maintain physical assets within manufacturing facilities. It is usually integrated with other systems (e.g., ERP, CMMS, and IoT devices) to streamline monitoring, health checks, and maintenance, ensuring asset reliability throughout the production line.


Managing manufacturing assets is a complex task, not only because there are numerous details to consider (e.g., specifications, components, lifespan, etc.). It also usually involves multiple personnel, including production managers, reliability engineers, maintenance crew, and accounting (procurement) staff, making tasks more complex. Asset management software for manufacturing can help in so many ways:

  • Improves Equipment Reliability – Unexpected malfunctions and breakdowns cause downtimes that could negatively affect production timelines and delay delivery schedules. With predictive maintenance capabilities, managers can proactively identify issues before they escalate.
  • Optimizes Maintenance Scheduling – Reactive maintenance is not just inefficient, it could lead to worse damage that requires expensive repairs, overhauls, or replacements. Industrial manufacturing asset management software automates scheduling tasks, reducing the likelihood of sudden equipment failures.
  • Enhances Asset Utilization – With real-time monitoring tools, companies can maximize the efficiency and longevity of their machinery, vehicles, electronics, and digital systems. Aside from preventing underutilization, 24/7 tracking secures assets, minimizing the possibility of theft and damage.
  • Guarantees Compliance to Safety and Quality Standards – Malfunctioning equipment may cause grave safety incidents and quality issues, particularly in high-risk settings, such as pharmaceutical and biotech facilities. For example, chemical manufacturing asset management software, with a full suite of monitoring and emergency response tools, ensures compliance with regulations.
  • Reduces Operational Costs – Unplanned downtimes, substandard outputs, and physical injuries may all result from faulty equipment. And all those can rack up expenses that could negatively impact profitability and the company’s reputation. Efficient asset management can prevent maintenance-related issues from emerging and save the company precious funds in the process.

Key Features

Comprehensive enterprise resource planning software for manufacturing and enterprise-grade solutions sometimes include asset management modules. For companies that cannot procure a full suite due to budget constraints, stand-alone solutions will still work as long as it has the following:

  • Digital Checklists for Asset-Related Workflows
  • Manufacturing Asset Repository
  • Document Management
  • Asset Tracking and Monitoring
  • Preventive Maintenance Scheduling
  • Calibration Management
  • Inventory Management
  • Custom Reporting and Analytics
  • Integration (e.g., with ERP, CMMS, IoT Devices, etc.)
  • Mobile Accessibility with Offline Capabilities

How to Choose the Right Manufacturing Asset Management Software

The software solutions included in the list optimize maintenance, track assets, provide insights, and ensure compliance, enabling companies to reduce downtime, cut costs, and maximize productivity. Before selecting one, take another look at all your options in the chart provided:

Manufacturing Asset Management Software Free Version Paid Plan Mobile App
SafetyCulture Yes $24/user/month* Yes
ToolSense No Custom quote Yes
TMA Systems No Contact for pricing Yes
Limble Yes $28/user/month* Yes
Mpulse No $49/user/month Yes
AkitaBox No Contact for pricing Yes
Fracttal Yes Contact for pricing Yes
Eptura Asset No Contact for pricing Yes
Asset Infinity No $130/month (up to 500 assets) Yes

* billed annually

Eunice Arcilla Caburao
Article by
Eunice Arcilla Caburao
Eunice is a content contributor for SafetyCulture. A registered nurse, theater stage manager, Ultimate Frisbee athlete, and mother, Eunice has written a multitude of topics for over a decade now.