7 Best Construction Asset Management Software Solutions

Last updated on by Editorial Staff
Construction Asset Management Software

It can be tough to stay organized during a construction project. There are many moving parts, and losing track of things is easy.

It is essential to stay organized, but it’s also crucial to keep track of your construction assets. Construction equipment can be costly, and losing or damaging even one piece can set your project back significantly.

Construction asset management software can help you keep track of all your equipment, tools, and materials. With this software, you’ll always know where everything is and how it’s used. You can also use it to schedule maintenance and repairs to keep your construction assets in top condition.

This blog post will discuss the market’s seven best construction asset management software solutions. These solutions can help you keep track of your construction equipment, crews, and inventory. They are all highly effective and customizable to meet your specific needs. So let’s take a closer look at each one!

7 Construction asset management software

1. PROCORE

Procore is one of the top 7 construction asset management software solutions. It offers a cloud-based platform that helps contractors manage their projects, assets, and crew members more efficiently.

Key features

Procore is a comprehensive construction equipment management software that helps businesses keep track of their construction projects, equipment, and crew. Some key features include: 

  • Project Management – Stay on top of every project stage with tools to help plan, budget, track progress, and manage risks. 
  • Equipment Tracking – Know where every piece of equipment is at all times, and keep track of maintenance and repair records. 
  • Crew Management – Schedule and assign workers to tasks, and track time worked, training, and certifications. 
  • Inventory Tracking – Stay on top of construction materials and supplies with tools to track inventory levels, order new supplies, and schedule deliveries. 

User opinion

Procore is a great construction asset management software. It has many features that help with the organization and tracking of assets. It makes construction projects so much easier. Tracking everything in one place and having alerts when something changes will save time and headaches. In addition, this makes it easy to keep track of what you have.

Pricing

Procore pricing considers the products you require and the amount of construction you do. Get a custom quote by mentioning all the required details on its website (i.e., https://www.procore.com/en-sg/pricing).

Once you get its subscription, it provides software for unlimited users, with unlimited data and 24/7 support.

Procore pricing

Like

  • You can easily access all the documents you need from multiple projects.
  • Easy to track documents and information

Dislike

  • It is a little bit difficult to generate multiple reports.

2. Oracle Aconex

Oracle Aconex is a cloud-based construction collaboration software that helps manage and track project data, communication, and processes. It enables users to connect with project team members and stakeholders to share information and collaborate on projects in real-time.

Construction companies use Oracle Aconex, engineering firms, architects, and other professionals involved in construction projects.

Key features

It offers document management, advanced communication, forums, model coordination, integrated cost management, quality, safety process, and reporting. In addition,  Oracle Aconex integrates with other Oracle construction software products, such as Primavera P6 and Unifier.

User Opinion

Oracle Aconex is a comprehensive construction asset management software solution that helps businesses manage their construction assets more effectively.

It provides users with a centralized platform for tracking and managing construction assets, from equipment to crews to inventory.

The software is easy to use and can be customized to meet the specific needs of your business.

It also offers a wide range of features and tools to help you optimize your asset management process. Overall, Oracle Aconex is an excellent choice for a complete construction asset management solution for businesses.

Pricing

Oracle Aconex offers a subscription-based pricing model. Prices are not disclosed on the Oracle website. Instead, you need to mention the product category and type you need to subscribe to their official website (https://www.oracle.com/corporate/contact/) with your business mail ID. Then, a sales representative contacts you.

Like

Oracle Aconex is a construction asset management software solution that enables users to manage equipment, crew, and inventory.

The software provides a central repository for all construction project data, which can be accessed by authorized personnel from any location.

Oracle Aconex also offers a range of features to help users track and optimize construction assets, including asset tracking, utilization reporting, and maintenance schedule.

Dislike

While Oracle Aconex is a popular construction asset management software solution, it does have some drawbacks. For example, the software can be expensive to license and challenge to learn how to use.

Additionally, the Oracle Aconex platform can be slow and cumbersome compared to other options on the market.

3. e-Builder

e-Builder is a cloud-based construction project management software that enables construction companies to manage their projects and resources online. It offers cost management, document management, construction scheduling, and more.

Key features

E-Builder is a comprehensive construction management software that helps you manage your entire project life cycle, from pre-construction to post-construction. Some of its key features include:

  • Document management: Upload and store all your project files in one place, including blueprints, specs, photos, change orders, and more.
  • Construction scheduling: With real-time task tracking, stay on top of your construction schedule.
  • Cost management: Manage all your accounts in one place.
  • Project reporting: Generate reports to track your project’s progress.
  • Mobile app: Access your project data from anywhere, anytime, with the E-Builder mobile app.

User opinion

The e-builder software is a great asset management tool for construction crews and businesses. It has a user-friendly interface and many useful features, such as the ability to track construction inventory and assets. Overall, We highly recommend this software to anyone in the construction industry!

Pricing

It offers flexible pricing options. We are listing them here.

  • Capital Program Pricing –  This plan is for unlimited users and is suitable for larger teams. It offers annual subscription fees and unlimited storage. 
  • Named User Pricing – It is suitable for mid-sized projects. It provides access for limited, predetermined users, but you can select the number of user licenses you need for your project.
  • FedRAMP – In Process Government Pricing –  This license is for US federal agencies and that kinds of companies.
  • Enterprise Portfolio Add-Ons offers a wide range of portfolio add-ons, including AppXchange, Data Warehouse, and Business Intelligence. This plan allows you to customize the solution within your organization.
  • Professional Services Pricing – It provides expert and well-experienced e-Builder professionals.

To get started with any of these plans, you need to contact e-Builder directly.

Like

e-Builder software is one of the industry’s top asset management software providers. They offer a comprehensive solution that is tailored to the specific needs of construction companies.

Their software helps companies track and manage their assets, including construction equipment, crew, and inventory.

This allows companies to operate more efficiently and effectively. For example, construction companies use the software worldwide, and they have a strong reputation for providing quality software solutions.

Dislike

First, it can be expensive for larger companies. Second, it can be difficult to use for those unfamiliar with complex software programs. Finally, it is not always the most up-to-date solution, and companies may need to supplement it.

4. Contractor Foreman

If you’re in charge of a construction crew, then you know how important it is to have the right tools. Contractor Foreman is a powerful tool that can help make your job a lot easier. Foreman helps managers track their crew’s progress, assign tasks, and more. It’s an essential tool for any construction manager.

Key features

  • Track crew progress and assign tasks accordingly.
  • Manage finances and keep track of spending.
  • Get real-time updates on project status.

User Opinion

Overall, contractor foreman software is a great way to manage your construction projects. It’s easy to use and can help you stay organized and on track. It’s a valuable tool for any construction manager.

Pricing

Contractor Foreman software’s basic plan starts at $49 per month. In addition, it offers free training and support.

Its most popular pricing plans are

  • Standard – It starts at $49 per month
  • Plus – It starts at $87 per month
  • Pro – It starts at $123 per month
  • Unlimited – It starts at $148 per month

All plans offer a free trial.

Contractor Foreman Pricing

Like

Several software solutions can help contractors manage their assets. Some of the top options include contractor foreman software, which can help foremen keep track of everything from tools and equipment to job schedules and deadlines. Other popular options include project management and financial management.

Dislike

Contractor foreman software can be cumbersome and difficult to use. It can also be difficult to track inventory and assets with this software.

5. Asset Panda

Asset Panda is a cloud-based asset management software that helps businesses manage their construction equipment, crews, and inventory. With Asset Panda, you can keep track of everything in real-time and make better decisions about your business operations.

Asset Panda is the perfect solution for any construction project. It’s easy to use and customizable to meet your specific needs. Plus, it’s affordable and comes with a free trial.

Key features

Asset Panda offers a comprehensive and user-friendly solution for asset management.

  • Easily track your assets by serial number, barcode, or other unique identifiers.
  • Generate detailed reports on asset utilization, depreciation, and more.
  • Upload photos of your assets for easy identification.
  • Rest assured that your data is always backed.
  • Provides equipment visibility and maximum utilization of tools.

User Opinion

Asset Panda is an excellent solution for asset management. It is very user-friendly and provides all the features you need to track your assets effectively. The reports are very detailed and can be customized to meet your specific needs. The photo feature is also a great way to easily identify your assets. Overall, we highly recommend Asset Panda to anyone looking for a comprehensive asset management solution.

Pricing

It offers five types of pricing models in the form of scale. For all models, you need to get a quote.

  • Small –  It is for 250 – 1000 assets
  • Medium – It is for 1000-2000 assets
  • Large –  It is for 2000-4000 assets
  • Gaint – It is for 4000 – 5000 assets
  • Enterprise – It is for 5000 and more assets

It also offers discounts for education and non-profit organizations.

Asset Panda Pricing

Like

  • Ease of use: The software is very user-friendly and easy to navigate. You can track your assets by serial number, barcode, or other unique identifiers.
  • Detailed reports: The reports generated by the software are very detailed and can be customized to meet your specific needs.

Dislike

Despite its many advantages, Asset Panda also has a few disadvantages.

  • Firstly, the software can be expensive for larger businesses.
  • Secondly, the reports can be quite complex and difficult to decipher if you’re not familiar with accounting or construction terminology.
  • Finally, the photo feature is not always reliable due to connectivity issues or user errors.

6. Buildertrend

If you’re in the construction business, then you know how important it is to have the right tools. Buildertrend is one of the most popular construction asset management software solutions available, and it offers a wide range of features that can help you streamline your workflow.

Key features

  • Tracks equipment usage and maintenance schedules
  • Provides safety information for workers
  • Stores blueprints and other project documents
  • Generates invoices and reports
  • Write general opinion about builder trend software

User opinion

Overall, the Buildertrend software is a great solution for construction asset management. It’s easy to use and has a lot of great features that can help track equipment usage, maintenance schedules, and more. This can help ensure that projects are completed safely and on time.

Pricing

It offers two types of plans

  • The Core plan starts from $99 per month and $349 after two months.
  • The Pro plan starts from $399 per month and $599 after two months.
Buildertrend Pricing

Like

The Buildertrend software is a great solution for construction asset management. It’s easy to use and has a lot of great features that can help track equipment usage, maintenance schedules, and more. This can help ensure that projects are completed safely and on time.

Dislike

The only dislike with the Buildertrend software is that it’s a bit pricey. The Core plan starts from $99 per month, which is expensive compared to other solutions on the market. However, the Pro plan is even more expensive, starting from $299 per month.

7. eSUB

eSUB is a cloud-based construction management software that helps contractors manage their projects more effectively. It offers a wide range of features, including field reporting, advanced tracking, document control, and more.

Key features

eSUB software enables construction companies to manage their assets and resources more efficiently. Key features include:

  • Advanced tracking: Keep track of your construction equipment, tools, and other valuable assets and track labor productivity.
  • Field reporting: Helps to submit time and material logs easily, complete daily reports, and schedule resources
  • Contractor management: Manages your subcontractors

User opinion

eSUB software is a great asset management tool for construction companies. It helps to keep track of resources, tools, equipment, and labor productivity. It also makes submitting time and material logs easy, completing daily reports, and scheduling resources a breeze. Overall, eSUB software is an excellent tool for managing a construction company.

Pricing

This software offers four kinds of pricing plans.

  • Field cam: It starts from $20 per user per month
  • Base: It includes all the features of the field cam plan plus some additional features like daily reports, crew time, etc
  • Advanced: It is the most popular plan. It provides all the features of basic plus some additional features like change orders, labor productivity reports, etc
  • Premium: It provides all the features of the advanced plan plus some more features like equipment tracking, material tracking, enterprise reporting
eSub Pricing

Like

Some of the likes of eSUB software include its ability to help manage construction resources, tools, and equipment. It also enables users to easily submit time and material logs, complete daily reports, and schedule resources. Additionally, eSUB software helps manage subcontractors. Lastly, it offers four pricing plans to choose from.

Dislike

Some of the dislikes of eSUB software include its inability to manage certain construction areas, such as crew time or change orders. Additionally, it can be challenging to use for first-time users. Lastly, it can be expensive for some companies.

What is asset management in construction?

Asset management in construction is the process of tracking and managing the equipment, tools, and materials used on a construction site. This includes everything from heavy machinery to hand tools, and it is crucial for ensuring that all assets are accounted for and used effectively.
In addition, one of the main purposes of asset management is to prevent theft and loss; by keeping track of all assets, construction companies can quickly identify any missing items and take steps to recover them.
Additionally, asset management helps optimize the use of resources on a construction site. By knowing exactly what is available, construction companies can avoid wasting time and money searching for missing or misplaced items.
In short, asset management is essential to running a successful construction business.

Conclusion

Regarding construction asset management, having the right software solution is critical.

The top 7 construction asset management software solutions featured in this post are excellent for managing everything from equipment and crew to inventory.

However, not every business is the same, so finding the solution that best fits your specific needs is essential.