Researching the most popular IT Asset Management (ITAM) solutions on the market is a great way to start your selection process. Since we know it’s not always easy, we decided to compare how Cherwell Asset Management (CAM) and Asset Panda® approach this practice.
It’s worth noting that Cherwell was acquired by Ivanti in 2021, and its Asset Management solution is now being integrated into the Ivanti Neurons platform, with an official end-of-life date set for December 2026. Still, many organizations continue to use it, so understanding how it stacks up remains valuable.
In this blog post, we’ll analyze their features, pricing structures, and other key aspects. We’ll also include InvGate Asset Management, our own IT Asset Management software, as a third alternative. Let’s get started.
Methodology
Before diving into the comparison, it’s worth mentioning that InvGate develops both IT Service Management (ITSM) and ITAM software, so we’re part of this competitive landscape.
While we do compete with the products analyzed here, our goal is to provide accurate, objective, and regularly updated information to help readers make informed technology decisions.
All insights in this article are based on publicly available sources, including official vendor documentation, product websites, and user feedback on platforms such as Gartner Peer Insights, G2, and Capterra. Our evaluation focuses on features, pricing transparency, integrations, and overall user experience.
This comparison includes information current as of October 2025, and we’ll continue updating it to maintain its accuracy over time.
Cherwell Asset Management overview
Cherwell Asset Management (CAM) is a specialized IT Asset Management solution originally developed by Cherwell Software and now owned by Ivanti.
Although Ivanti’s documentation for the latest CAM's version (15.4) states that “Cherwell Asset Management is available to use as a standalone product,” it also confirms that the solution has been discontinued and is now part of Ivanti Neurons for ITAM.
While many organizations continue to use CAM on-premises, it’s now considered a legacy solution, and new customers are encouraged to migrate to Ivanti Neurons for ITAM or explore other alternatives.
Cherwell Asset Management / Ivanti Neurons for ITAM features
Since its acquisition, Ivanti has integrated CAM into the Ivanti Neurons for ITAM platform, which now carries forward its core functionality with expanded automation and analytics.
Therefore, to understand the current capabilities of the solution, it’s more accurate to look at Ivanti Neurons for ITAM. According to Ivanti’s official datasheet, these are five of the platform’s key features:
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Centralized asset repository – Manage all asset data from request to disposal, including ownership, location, lifecycle, and warranty information.
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Mobile and Barcode Management – Use the mobile app and barcode scanning to locate, update, or audit assets directly from iOS or Android devices.
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Financial and contract visibility – Track procurement, invoices, contracts, and total cost of ownership to optimize spending and ensure compliance.
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Product catalog and self-service – Maintain an approved catalog of items to speed up provisioning, reduce shadow IT, and improve service delivery.
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Service Management integration – Connect seamlessly with Ivanti Neurons for ITSM to enable automated workflows, richer insights, and improved change management.
Cherwell Asset Management / Ivanti Neurons for ITAM pricing
Since Cherwell Asset Management has been incorporated into Ivanti’s platform and is no longer marketed as a standalone product, detailed pricing is unavailable. And pricing for Ivanti Neurons for ITAM is not publicly disclosed.
According to G2, the license model is described as perpetual or subscription, licensed per analyst and/or per asset. Demo is provided upon request.
Asset Panda overview
According to Gartner Peer Insights, Asset Panda is a flexible cloud platform designed to manage the entire asset lifecycle, offering customizable workflows, reporting, and integrations to ensure complete visibility and control.
As highlighted by Software Advice, the tool is designed for facility and asset managers who need on-the-go control through barcode scanning, mobile access, and role-based permissions. It also includes capabilities for maintenance tracking, depreciation management, and compliance auditing, making it a practical option for both operational and administrative asset tracking.
Asset Panda features
Based on information from its official website, Asset Panda includes a range of functions that support effective asset monitoring, data accuracy, and lifecycle management. The following five features were selected for their connection to IT Asset Management processes:
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Asset lifecycle tracking – Keeps a complete record of each asset from acquisition to disposal, ensuring visibility across all stages.
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Barcode and QR code scanning – Enables quick updates to asset records using mobile devices for efficient inventory control.
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Custom data fields – Allows users to define specific fields to capture purchase details, insurance data, or other unique asset information.
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Workflow automations – Streamlines recurring tasks like asset check-outs, maintenance scheduling, and approval processes.
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Reporting and analytics tools – Provides exportable reports and visual dashboards to track utilization, compliance, and performance.
Asset Panda ratings and reviews
As of October 2025, aggregated scores across top software review sites show:
- Gartner Peer Insights: 4.3 out of 5 stars.
- G2: 3.9 out of 5 stars.
- Capterra: 4.6 out of 5 stars.
Asset Panda pricing
According to Asset Panda’s official pricing page (October 2025):
- Free trial: 14-day full access for unlimited users and assets.
- Starter Plan – $50/user/month (billed annually): Up to 1,000 assets, includes core features and 24/7 support.
- Business+ Plan – $60/user/month (billed annually): Up to 5,000 assets, with added integrations, custom permissions, and API access.
- Enterprise Plan – Custom pricing: Unlimited users and assets, advanced automation, and dedicated customer success support.
- Collaborator Seats – $10/user/month (billed annually): View-only licenses for dashboards and reports.
InvGate Asset Management overview
InvGate Asset Management: 5-minutes Demo
Disclaimer: All product names, logos, and brands are property of their respective owners. All company, product, and service names used on this site are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement. Comparisons are based on publicly available information as of October, 2025 and are provided for informational purposes only.
