Asset Panda vs Sage Fixed Assets

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Our analysts compared Asset Panda vs Sage Fixed Assets based on data from our 400+ point analysis of EAM Software, user reviews and our own crowdsourced data from our free software selection platform.

Sage Fixed Assets Software Tool

Product Basics

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
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Sage Fixed Assets is a comprehensive software solution designed to streamline enterprise asset management (EAM) tasks. It excels in tracking, managing, and depreciating fixed assets, making it particularly suitable for mid-sized to large organizations that require meticulous asset oversight. The software's robust capabilities include detailed asset tracking, depreciation calculation, and compliance with tax regulations, which are crucial for businesses with extensive asset portfolios.

Users benefit from its intuitive interface, which simplifies complex asset management processes, and its ability to integrate seamlessly with other financial systems. Popular features include customizable reporting, barcode scanning for physical inventory, and automated depreciation schedules. These features enhance accuracy and efficiency, reducing the risk of errors and ensuring compliance with financial standards.

Compared to similar products, Sage Fixed Assets is praised for its user-friendly design and comprehensive functionality. Pricing details are typically tailored to individual business needs, so it's advisable to contact SelectHub for a personalized quote. This ensures that users receive a solution that fits their specific requirements and budget.

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$83 Monthly
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Tailored to your specific needs
$295 Monthly
Get a free price quote
Tailored to your specific needs
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Product Insights

  • 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.
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  • Keep Track of Assets: Customize asset profiles and projects with pre-defined fields, report on asset metrics, compile financial predictions and more. Asset profiles store images, repair histories and procurement for easy access.
  • Manage Projects: Manage multiple projects or multi-component asset construction and convert directly into finished asset profiles on completion.
  • Monitor Depreciation: Monitor the entire asset lifecycle from procurement to retirement, utilize accounting and reporting to track asset depreciation, predict asset repair cost, and accurately budget for new equipment.
  • Streamline Operations: Avoid redundant data entry, centralize asset management tasks and improve communication.
  • Save Money: Manage inventory to reduce lost stock, monitor assets with preventive maintenance plans to improve ROI and save money with a central hub of efficient technicians.
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  • 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.
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  • Intuitive User Interface: Users of any technical skill level can use the software. A tutorial wizard walks through every step of processes like inventory management, tax audits and others.
  • Inventory Management: Track and control business’ stocks with inventory management features. Includes stockroom management, automated alerts, procurement and purchasing. 
  • Depreciation Modes: Provides 50 fixed asset depreciation methods such as MACRS (Modified Accelerated Cost Recovery System), straight-line, modified, declining balance, sum-of-years and more.
  • Reporting: Quickly and efficiently generate reports based on industry standards or from customized templates. Comes pre-loaded with more than 30 report formats such as IRS tax forms, Schedule 8 Capital Cost Allowances and GASB 34/35.
  • Barcode Readers: Perform inventory checks and reconcile data with Microsoft barcode readers. Sync data from multiple websites in real time to ensure updated information.
  • Integrations: All three modules integrate seamlessly with one another, as well as with other Sage products, third-party ERP and general ledgers, CRM and more.
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Product Ranking

#3

among all
EAM Software

#11

among all
EAM Software

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Analyst Rating Summary

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Analyst Ratings for Functional Requirements Customize This Data Customize This Data

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Analytics And Reporting Asset Management Asset Tracking Environment, Health And Safety Management Maintenance And Inspection Management Mobile EAM Resource Allocation And Work Order Scheduling Spare Parts Handling Workforce Management Work Order Management 78 85 86 58 49 93 45 64 50 66 0 25 50 75 100
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User Sentiment Summary

Excellent User Sentiment 1445 reviews
Great User Sentiment 79 reviews
94%
of users recommend this product

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

82%
of users recommend this product

Sage Fixed Assets has a 'great' User Satisfaction Rating of 82% when considering 79 user reviews from 4 recognized software review sites.

4.2 (8)
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4.0 (22)
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4.53 (17)
4.7 (1379)
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Awards

Asset Panda stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

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Synopsis of User Ratings and Reviews

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.
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Simple Interface: Many users praise the software for its intuitive design, making it easy to navigate and use for managing assets.
Tailored Customization: The software offers robust customization features, allowing businesses to adapt the software to their specific needs and requirements.
Scales with Your Business: Sage Fixed Assets is designed to accommodate the growth of businesses, making it suitable for both small companies and large enterprises.
Full Asset Lifecycle Management: The software provides a comprehensive set of tools for tracking and managing assets throughout their entire lifecycle, from acquisition to disposal.
Budget-Friendly Solution: Sage Fixed Assets is lauded for its cost-effectiveness, offering a quick return on investment due to its affordable pricing.
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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.
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Implementation Challenges: The initial setup and customization of Sage Fixed Assets can be quite time-consuming, particularly for businesses with complex asset management needs.
Complexity for Smaller Businesses: The software's robust feature set, while beneficial for larger enterprises, can be overwhelming and unnecessarily complex for smaller businesses with simpler asset management requirements.
Difficult Asset Imports: Importing asset data into the system is not intuitive and can be a cumbersome process, potentially leading to errors and requiring significant manual intervention.
Reporting System Shortcomings: The reporting system, while customizable, can be clunky and difficult to navigate, making it challenging for some users to extract the precise asset information they need.
Pricing Opacity: Determining the pricing for Sage Fixed Assets often requires consultation, and the lack of transparent, upfront pricing can be a deterrent for some businesses.
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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.

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Is Sage Fixed Assets the "sage" choice for managing your company's valuable assets? User reviews from the past year reveal a mixed bag. While Sage Fixed Assets is generally praised for its robust features, particularly its comprehensive depreciation calculations and customizable reporting capabilities, some users find it non-intuitive and difficult to navigate. One user, an accountant with a decade of experience using the software, raves about its ability to streamline asset tracking and depreciation calculations, highlighting the customizable asset template as a key strength. Conversely, another user criticizes the asset import system and reporting functionalities, finding them cumbersome and difficult to use. A major differentiating factor is the software's relatively low cost, making it an attractive option for small to mid-sized businesses seeking a quick return on investment. However, this affordability comes at the cost of a steep learning curve, with some features requiring advanced knowledge to utilize effectively. For instance, while the software boasts over 50 depreciation methods and compliance with various accounting standards, setting up and managing these features can be daunting for users without a strong accounting background. Overall, Sage Fixed Assets is most suitable for businesses with dedicated accounting personnel who can invest the time to master its complexities. Smaller organizations or those lacking in-house accounting expertise may find its learning curve too steep and its interface less user-friendly compared to more intuitive, albeit pricier, alternatives.

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