Asset Panda vs. Flexera One

Brenda Gratas November 22, 2022
- 16 min read

As the demand for robust IT Asset Management (ITAM) solutions continues to rise, selecting the most suitable software can be overwhelming. If you’re comparing Asset Panda vs. Flexera One, you're in the right place.

In this blog post, we’ll delve into a detailed comparison between Asset Panda and Flexera One, two leading ITAM software alternatives in the market. But that’s not all. We’ll introduce you to a compelling third alternative: InvGate Asset Management. With its unique features and capabilities, InvGate Asset Management offers a compelling option that may perfectly align with your organization's specific requirements. 

 

Table of contents

 

TL;DR

  • Asset Panda is praised for its ease of use, strong customer service, and comprehensive reporting features. However, users have concerns about its navigational complexity, occasional delays in customer support, and perceived high pricing for smaller companies.
  • Flexera One empowers critical business decisions but some users face time-consuming resolutions for recurring issues and system setup complexities.
  • InvGate Asset Management provides a holistic solution for efficient IT asset and inventory management. With its seamless data integration and advanced features like CMDB Map Builder, automation capabilities, and native service desk integration, it significantly enhances operational efficiency.

 

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Most looked-at features by buyers

When evaluating IT Asset Management solutions, potential buyers consider a variety of important features to find the best option that suits their specific requirements and business needs.

Here are some key factors that buyers take into consideration when selecting a customized ITAM solution for their organization.

  1. Unified IT Asset and Inventory Management - By using a unified IT asset inventory feature, users can effectively monitor and manage their entire inventory of IT assets from a single platform. The solution should enable automated asset discovery, capturing essential information such as hardware specifications, software versions, and ownership details.

  2. Proactive cost management and financial optimization - The solution should incorporate financial data, contract lifecycle management, licenses, and other relevant information to understand operational costs comprehensively.

  3. Optimization of Software Management - This feature empowers users to track software installations, ensure proper Software License Management, and identify instances of over or underutilization.

  4. Enhanced cybersecurity compliance - Buyers seek a tool that continually monitors assets and their security status, assisting them in proactively identifying and addressing security risks.

  5. Automated management and proactive notifications - The solution should allow the creation of automated workflows for routine tasks like software updates, patch deployments, and system maintenance. By automating these tasks and receiving proactive notifications, users can ensure efficient operations and timely respond to critical events.

  6. Service desk integration - Integrating with help desk software enables seamless information flow between Asset Management and IT Service Management processes. This integration improves communication, streamlines workflows, and enhances overall service delivery.

  7. CMDB Map Builder - This functionality enables users to define and document relationships between different components, such as hardware devices, software applications, network connections, and dependencies. Visualizing these relationships helps organizations better understand the impact of changes, assess risks, and plan for effective Incident Management and Change Management

  8. Remote management with integrated tools - Integration with popular remote desktop tools allows IT teams to diagnose issues, apply patches, perform software installations, or conduct system updates remotely, eliminating the need for physical presence.

  9. Comprehensive insights into IT infrastructure - The platform should provide a complete view of IT asset status, performance, and usage, enabling users to make informed decisions and optimize their infrastructure. Additionally, the solution should include reporting and analytics features.

  10. Flexible deployment options - Users prefer a platform that offers flexibility in choosing deployment models, including cloud-based, on-premise, or hybrid solutions.

What is Asset Panda?

Example of Asset Panda's interface.

Asset Panda is a cloud-based platform designed to optimize and simplify Asset Management processes for organizations of all sizes. Its primary purpose is to provide a comprehensive solution for effectively managing and tracking assets. By consolidating data from various sources, Asset Panda offers a complete view of assets, their locations, and the individuals associated with them.

Equipped with a wide range of features and tools, Asset Panda empowers organizations to control and protect their assets effortlessly. Notable capabilities of Asset Panda include:

  • Real-time data and reporting functionalities.
  • Customizable asset tracking.
  • Effective management of maintenance tasks and work orders.
  • The ability to scan barcodes and QR codes.
  • Integration with multiple systems and seamless data synchronization.
  • Accessibility via mobile devices.

What users like from Asset Panda

Asset Panda has received positive customer feedback, as evidenced by reviews from respected sources such as Gartner. Let's take a closer look at some of these benefits.

  • Robust feature set - The platform boasts a wide range of powerful functionalities, such as comprehensive reporting and analytics, customizable options, and seamless integrations with other software.
  • Cost-effectiveness - Customers perceive Asset Panda as a valuable investment, delivering substantial advantages that outweigh its price.
  • Intuitive user interface - Users appreciate the tool's user-friendly design and intuitive navigation, making it easy to navigate and operate.
  • Exceptional customer service - The tool's adept and responsive support team has earned high praise from users, demonstrating their commitment to customer satisfaction.

What users don’t like from Asset Panda

While Asset Panda has many strengths and commendable qualities, customers have expressed concerns and criticisms regarding certain aspects of the platform. These concerns have been identified through careful evaluation of reliable sources such as Gartner. Here are some of the concerns that have been raised.

  • Navigation complexities - Certain users have reported difficulties in navigating the tool, particularly when searching for specific items.
  • Customer support issues - Users have expressed reservations about delayed response times and inadequate support from the customer service team.
  • Customization and reporting limitations - Some users have suggested that the platform would benefit from expanded customization options and a more intuitive reporting system.
  • Pricing implications for small businesses - The pricing of Asset Panda may be relatively high, posing challenges for smaller companies with limited budgets.

What’s Asset Panda’s argument over Flexera One?

With its unique strengths and advantages, Asset Panda presents a compelling argument compared to Flexera One. Let's delve into the points that set Asset Panda apart from Flexera One.

  1. Robust feature set - Asset Panda has a wide range of powerful functionalities, including customizable options and seamless integrations with other software. This extensive feature set enhances the flexibility and adaptability of the platform, enabling users to tailor it to their specific needs. 
  2. Cost-effectiveness - Customers perceive Asset Panda as a valuable investment, delivering substantial advantages that outweigh its price. Asset Panda's cost-effectiveness makes it an attractive choice, particularly for organizations with limited budgets. 
  3. Intuitive user interface - Users appreciate Asset Panda's user-friendly design and intuitive navigation. The platform's intuitive interface makes it easy for users to navigate and operate the system, contributing to a smoother user experience. 

What is Flexera One?

Example of Flexera's interface.

Flexera, formerly known as InstallShield and renamed in 2009, is a prominent company that specializes in technology Asset Management solutions. With its headquarters located in Itasca, Illinois, United States, Flexera has been a leader in delivering comprehensive technology tools since its establishment in 1987. Their range of offerings includes Software and Hardware Asset Management, Cloud Spend Optimization, Vulnerability Management, and Open Source Software Compliance.

Flexera One, developed by Flexera, is a powerful Software as a Service (SaaS) solution that combines IT Asset Management and Software Asset Management. It takes a holistic approach by presenting a unified, centralized view of IT assets across on-premises, cloud, and edge environments.

This platform assists organizations in optimizing IT expenditure, managing and securing cloud infrastructure, minimizing risk, ensuring compliance, and offering valuable insights and analytics.

What users like from Flexera One

Customers have praised Flexera One, as evidenced by reviews from respected sources such as Gartner. Let's take a closer look at some of the specific benefits that have been highlighted.

  • Responsive to business needs - Flexera One has been widely praised as an excellent Software Asset Management tool that effectively caters to the specific requirements of businesses. The software has proven itself responsive to the needs of users, ensuring a seamless experience.
  • Easy to use with comprehensive visibility - Customers have expressed appreciation for the user-friendly nature of Flexera One. The product's intuitive interface and streamlined navigation make it easy for users to understand and operate. Additionally, the tool provides good visibility, interpretation, and coverage of software consumption.
  • Enabling critical business processes and decisions - Users have highlighted the platform's feature of delivering valuable software insights that support crucial business processes and decision-making. The software equips organizations with the necessary tools and data to optimize their strategic planning and enhance operational efficiency.
  • Outstanding customer support - Reviews have consistently praised Flexera On's exceptional customer support. Users have expressed satisfaction with the prompt assistance they received and the attentive nature of the support team. Customers feel listened to and supported, which enhances their overall satisfaction with the product.

What users don’t like from Flexera One

Despite Flexera One's numerous strengths and positive qualities, it is not exempt from customer concerns and criticisms. Reviews from reputable sources like Gartner have shed light on recurring issues that users have raised.

  • Setup issues - Several customers have reported encountering problems during the system's setup, even with assistance from the support team. Despite seeking help, users still faced difficulties, highlighting a need for improvements in the setup process.
  • Complex configuration for licensing models - Customers have mentioned that configuring the product to achieve a satisfactory view of more complex licensing models requires significant effort. The complexity involved in obtaining accurate insights into licensing can pose challenges and may benefit from streamlining and simplification.
  • Recurring issues and time-consuming resolutions - Customers have expressed frustration at the time it takes to resolve these problems, impacting their workflow efficiency. Addressing these recurring issues and optimizing the resolution process would enhance the overall user experience.
  • Support team challenges and data quality concerns - Some users have encountered difficulties when interacting with Flexera's support team. Additionally, concerns have been raised about the quality of the data provided. 

What’s Flexera One’s argument over Asset Panda?

Flexera One, with its unique strengths and capabilities, presents a compelling argument when compared to Asset Panda. Let's explore the key points that differentiate Flexera One and make it a strong contender in the Asset Management space.

  1. Responsive to business needs - Flexera One has been widely praised as an excellent SAM tool that effectively caters to the specific requirements of businesses. 

  2. Comprehensive visibility and interpretation - The tool provides users with good visibility, interpretation, and coverage of software consumption. It equips organizations with the necessary tools and insights to make informed decisions about their software assets. 

  3. Enabling critical business processes and decisions - Flexera One's ability to deliver valuable software insights supports crucial business processes and decision-making. By providing organizations with actionable data and analytics, the software empowers them to streamline their software management strategies, improve operational efficiency, and align software usage with business goals. 

Considering InvGate Asset Management as an ITAM solution alternative

InvGate Asset Management is a comprehensive solution for IT Asset Management that offers a wide array of features and functionalities to streamline processes. Here are the key capabilities it provides.

Enhanced IT Asset and Inventory Management

InvGate Asset Management seamlessly integrates data from various sources, such as operating systems, cloud service providers, and Mobile Device Managers (MDMs). This integration consolidates information, making it easier to manage both IT and non-IT assets, locations, and personnel easier. By providing a comprehensive view of your infrastructure, it saves time and facilitates efficient management.

 

 

Streamlined operations with CMDB Map Builder

InvGate Asset Management's CMDB map builder tool offers a clear and comprehensive overview of your IT ecosystem. By visualizing the relationships between different components, you can identify potential impacts on operational continuity and proactively mitigate risks. This visibility helps reduce service times, improve operational efficiency, and ensure smoother IT operations.

create-a-cmdb-with-invgate-insight

Optimization of software efficiency and cost reduction

InvGate Asset Management allows you to identify and measure the usage of paid software, enabling effective software management. By gaining visibility into software utilization, you can reallocate underutilized licenses, reduce unnecessary costs, and maximize returns on your IT investments. This optimization of software efficiency helps you make the most of your software resources.

 

 

 

Improved cybersecurity compliance with asset monitoring

InvGate Asset Management's asset monitoring capabilities enable you to establish and enforce device health rules, ensuring proactive compliance with cybersecurity protocols. By quickly identifying instances of non-compliance, you can take immediate action to adhere to cybersecurity policies and safeguard your IT infrastructure.

health-rules-invgate-insight

A holistic view of IT operations through native service desk integration

InvGate Asset Management seamlessly integrates with InvGate Service Management, establishing a native integration that links tickets with devices and people. This integration provides a comprehensive 360° view of your IT operations, facilitating efficient management. Connecting service tickets to relevant assets and personnel streamlines workflows, improves communication, and enhances issue resolution.

 

 

Proactive cost management

InvGate Asset Management enables you to integrate financial data, contracts, licenses, and other crucial information directly into the system. This integration provides a complete understanding of operational costs, empowering proactive and informed financial decision-making.

contract-lifecycle-management-with-invgate-insight-select-licensees

Effortless remote management with native integration

InvGate Asset Management natively integrates with popular remote desktop tools, enhancing remote management capabilities. This integration provides direct access to devices for troubleshooting and maintenance, enabling efficient resolution of IT issues and uninterrupted operations.

 

 

Efficient management through automation and alerts

InvGate Asset Management allows you to automate processes and set up alerts, ensuring proactive IT management. By creating automated alerts, you can monitor contract expirations and promptly notify relevant parties, reducing manual effort and minimizing the risk of oversight. This automation streamlines operations and enables you to focus on critical tasks, enhancing overall efficiency.

Flexible deployment options

Recognizing that organizations have unique requirements and industry regulations, InvGate Asset Management offers flexible deployment options. You can choose between a cloud-based or on-premise solution, ensuring that InvGate Asset Management can be implemented in a manner that aligns with your specific needs and compliance standards.

Detailed insights into IT infrastructure

InvGate Asset Management provides detailed and actionable information about your IT assets, including their status and usage. These comprehensive insights enable effective management and optimization of your infrastructure, improving operational efficiency.

interfaces-invgate-insight

Next steps

Selecting the appropriate IT Asset Management solution is essential for maximizing IT service delivery and achieving sustained organizational success. It is crucial to dedicate adequate time and resources to thoroughly evaluate your options in order to find a solution that seamlessly fits your needs. While comparing Asset Panda vs. Flexera One, it is also worthwhile to explore alternative options like InvGate Asset Management.

Explore our live demo and witness firsthand the transformative capabilities of InvGate Asset Management in enhancing your business operations. If you have any inquiries or require further information, schedule a meeting with our experts. We are here to assist you every step of the way!

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