IT Asset Management Software for Indian IT Companies & Startups
Last Updated: August 2026
Stop losing track of who has what. TrackPM gives your IT team real-time visibility over every laptop, device, software license, and company asset — assigned to employees, tracked automatically, audit-ready always.
What Is IT Asset Management Software?
IT asset management software is a digital system that helps companies track, assign, monitor, and manage all physical and digital assets owned by the business — throughout their entire lifecycle, from the day they are purchased to the day they are retired or disposed of.
For Indian IT companies and startups, this includes laptops, desktops, mobile phones, servers, networking equipment, software licenses, SaaS subscriptions, and peripherals — all the equipment your employees use every day.
Without a proper system, assets go missing, spreadsheets become outdated within days, audits become stressful, and finance teams lose visibility over depreciation. TrackPM eliminates all of these problems with a purpose-built asset and inventory management module designed for the way Indian businesses actually work.Why Indian IT Companies Are Moving Away from Spreadsheets for Asset Tracking
Most Indian startups and IT companies start managing assets in Excel or Google Sheets. It works fine when you have 5 employees. By the time you reach 20–30 people, it breaks down completely.
Here is what happens without dedicated asset management software:- Assets go unaccounted for — a laptop is "somewhere in the office" but nobody knows which employee has it or when it was last serviced.
- New joiners receive the wrong equipment — procurement buys new hardware when perfectly working assets are sitting unused with employees who left months ago.
- Audits become a nightmare — gathering asset data across departments for an internal or external audit takes days of manual work.
- Depreciation is miscalculated — without automated depreciation tracking, your finance team is guessing at asset values for reporting.
- Software licenses expire unnoticed — without license tracking, your team is either using expired licenses (compliance risk) or paying for unused ones (wasted budget).
India's asset management market is expected to grow from USD 2.70 trillion in 2026 to USD 5.82 trillion by 2031 — reflecting how seriously Indian businesses are now treating structured asset management. TrackPM gives you everything you need to be part of that shift, without the enterprise price tag.
TrackPM Asset Management Software — Core Features
TrackPM's asset and inventory management module is built specifically for Indian IT companies, startups, and SMEs that need professional-grade asset control at an affordable price.
Asset Registration & Tagging
Add any asset to TrackPM in under 2 minutes. Enter the asset name, category, purchase date, cost, serial number, and warranty expiry. TrackPM supports QR code and barcode-based tagging — print a label, stick it on the asset, and it is permanently tracked in the system. Every asset gets a unique digital record that follows it throughout its lifecycle.
Asset types you can track:- Laptops, desktops, and workstations
- Mobile phones and tablets
- Servers and networking equipment
- Printers, scanners, and peripherals
- Office furniture and fixtures
- Software licenses and SaaS subscriptions
- Company vehicles and machinery
Employee Asset Assignment & Allocation
Assign any asset to a specific employee, team, or department with a single click. When an employee joins, you can immediately see which assets are available and allocate them from the same dashboard you use for attendance, payroll, and project management. When they leave, the system flags all assets assigned to them so nothing gets missed during offboarding.
What you can track per employee:- All assets currently assigned to them
- Date of allocation and expected return date
- Condition at time of allocation
- Acknowledgement signature (digital)
- History of all past assignments
Real-Time Asset Tracking & Status Dashboard
TrackPM's asset dashboard gives you a live view of every asset in your organisation — where it is, who has it, what condition it is in, and when it is due for maintenance or renewal. Filter by asset type, department, location, or employee. Export any view to a report in one click.
Dashboard views available:- All assets (list + grid view)
- Assets by employee
- Assets by department
- Assets by location
- Assets approaching warranty expiry
- Assets due for maintenance
Maintenance Scheduling & Alerts
Set maintenance schedules for any asset — annual laptop servicing, quarterly network equipment checks, monthly UPS battery tests. TrackPM sends automatic email and in-app alerts before the maintenance date so nothing is missed. Maintenance history is logged automatically, giving you a complete service record for every asset.
Software License & SaaS Subscription Tracking
For IT companies, software licenses are often the highest-value asset category — and the most frequently mismanaged. TrackPM tracks every software license and SaaS subscription your company holds: the license count, the renewal date, the assigned users, and the cost per seat. Get alerts 30 days before any license expires so your team is never caught using software without a valid license.
Depreciation Tracking & Financial Reporting
TrackPM automatically calculates asset depreciation using the Straight Line Method (SLM) and Written Down Value (WDV) methods — both recognised under the Companies Act 2013 and Indian Income Tax Act. Your finance team gets accurate, real-time asset valuations without manual calculations. Generate depreciation reports for any period with one click.
Asset Audit Reports — Always Audit-Ready
Generate a complete asset audit report in under 60 seconds. Every report includes the asset name, category, assigned employee, purchase value, current depreciated value, maintenance history, and complete ownership trail. Whether it is an internal audit, an external auditor visit, or an investor due diligence check, your asset records are always clean, complete, and ready.IT Asset Management Software for Indian Startups — Why TrackPM Is Different
Most asset management tools in India are either built for large enterprises (expensive, complex, require IT setup) or basic spreadsheet replacements that lack proper reporting and audit features. TrackPM sits in the gap that both categories miss: professional-grade asset management built for the scale of an Indian IT startup or SME.
All-in-One — Not Just Asset Management
TrackPM is the only platform in India that combines asset and inventory management with project management (Kanban and Scrum boards), employee time tracking with screenshots, attendance and leave management, payroll processing, secure file storage, and productivity reports — all in one system.
This matters because your assets do not exist in isolation. When an employee is assigned a laptop on Day 1, that same employee is also onboarded in attendance, added to the payroll, and assigned to their first project. In TrackPM, all of this happens in a single workflow — not across four different tools.
Affordable Use-and-Pay Pricing
Unlike enterprise ITAM tools that charge ₹800–₹2,000 per user per month, TrackPM's Use & Pay model means you only pay for what you actually use. There are no forced annual contracts, no minimum seat requirements, and no hidden setup fees. Start with a free trial — no credit card required.
Built for Indian Business Requirements
TrackPM is built specifically for how Indian companies operate:- Indian depreciation methods — SLM and WDV as per Companies Act 2013
- GST-compatible records — asset purchase records include GST invoices and amounts
- Multi-location support — manage assets across offices in Delhi, Mumbai, Bengaluru, Chennai, Hyderabad, Pune, and any other city from one dashboard
- INR pricing — no dollar conversion confusion; TrackPM is priced and billed in Indian Rupees
- India-based support — dedicated support team available during Indian business hours
Asset Tracking vs Inventory Management — What Is the Difference?
Many Indian businesses use the terms interchangeably, but they refer to different things:Inventory Management Software
Tracks consumable stock — raw materials, finished goods, stationery, packaging. Items that are used up and replenished. Quantity-focused, short-term tracking.
Asset Management Software
Tracks long-term, reusable company assets — laptops, machinery, vehicles, software licenses. Ownership and depreciation focused, lifecycle management from procurement to disposal.
Who Uses TrackPM's Asset Management Module?
TrackPM's asset management software is used by companies across India in multiple industries:- IT & Software Companies — Track every developer's laptop, monitor, keyboard, and headset. Manage software licenses. Never miss a renewal.
- Startups (10–200 employees) — Replace the "asset spreadsheet" with a proper system from Day 1. Onboard new joiners with equipment instantly. Offboard leavers without losing assets.
- Manufacturing Companies — Track machinery, tools, and production equipment with maintenance schedules and depreciation reporting.
- Healthcare & Clinics — Manage medical equipment, track service history, and stay compliant with maintenance requirements.
- Educational Institutions — Track computers, lab equipment, and classroom technology across departments and campuses.
- Corporate Offices — Manage furniture, A/V equipment, and IT infrastructure across multiple floors and locations.
- Government & PSUs — Maintain complete audit trails with digital asset registers that replace paper-based records.
How to Set Up Asset Management in TrackPM — 4 Simple Steps
Getting started with TrackPM's asset management module takes less than 30 minutes.
- Add your assets — Import from Excel or add manually. Enter asset name, category, purchase date, cost, and serial number. Tag with QR codes if needed.
- Assign to employees — Select the asset and assign it to an employee. The system records the allocation date, condition, and generates a digital acknowledgement.
- Set maintenance schedules — For each asset, set the next service date. TrackPM sends automatic reminders before the due date.
- Generate reports — Run asset reports, depreciation reports, or audit reports anytime from the dashboard.
TrackPM vs Other Asset Management Software in India
| Feature | TrackPM | ManageEngine | Freshservice | Spreadsheets |
|---|---|---|---|---|
| IT asset tracking | ✓ | ✓ | ✓ | Manual |
| Employee allocation | ✓ | ✓ | ✓ | Manual |
| QR/Barcode tagging | ✓ | ✓ | ✓ | ✗ |
| Depreciation (SLM/WDV) | ✓ | ✓ | Partial | Manual |
| Software license tracking | ✓ | ✓ | ✓ | Manual |
| Project management included | ✓ | ✗ | ✗ | ✗ |
| Time tracking included | ✓ | ✗ | ✗ | ✗ |
| Attendance & leave included | ✓ | ✗ | ✗ | ✗ |
| Payroll included | ✓ | ✗ | ✗ | ✗ |
| India-specific pricing (INR) | ✓ | Partial | Partial | Free |
| Free trial | ✓ | ✓ | ✓ | — |
| Setup time | < 30 min | Days | Days | Hours |
Asset Management Software — Frequently Asked Questions
Start Managing Your IT Assets the Right Way
If your team is still tracking assets in a spreadsheet, you are one employee exit or one audit away from a serious problem. TrackPM gives you a complete, cloud-based asset management system — set up in under 30 minutes, designed specifically for Indian IT companies and startups.
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