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Asset tracking software helps manage the physical location and availability of fixed assets and equipment. Organizations that rely heavily on assets use these solutions to optimize asset allocation, streamline inventory management, and track asset status. Maintenance technicians and supervisors typically use asset tracking software to monitor assets, while accountants may use it for asset depreciation calculations. Warehouse and inventory managers also rely on this software to oversee asset availability and track physical locations. This software can be offered as a standalone product or as part of a broader suite, such as CMMS (Computerized Maintenance Management System) or enterprise asset management (EAM) software. When sold separately, asset tracking software is often integrated with other asset management tools for a more comprehensive solution.