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Asset management software that knows every asset

Every asset, organized by what it is and where it is - with its history, costs, condition, and documents one scan away.

2 clicks
to find any asset
100%
asset visibility
30%
longer asset life

Find any asset in seconds

Organize assets by what they are and where they are - and pull up any record, from either direction, in two clicks.

Know what everything costs

Purchase, maintenance, and operating costs roll up per asset, building, and site - so money pits surface before the budget cycle.

Plan replacements ahead

Condition and risk scoring tell you what to fix, what to monitor, and what to budget for - years in advance.

The cost of disorganized assets

Scattered spreadsheets and filing cabinets quietly drain hours and budget every week. A single system of record for every asset puts that time - and that money - back where it belongs.

6 hrs/week

Searching for assets

Hunting through spreadsheets, filing cabinets, and inboxes for asset history, serial numbers, and manuals eats hours from every technician, every week.

$8,500

Per emergency repair

When you cannot see condition or maintenance history, failures arrive without warning - and emergency repairs cost far more than planned work.

4 hrs/week

Manual documentation

Re-keying readings, updating disconnected spreadsheets, and reconciling records by hand is work a single shared system of record removes entirely.

Organized the way your team thinks

Maintenance thinks by system type. Operations thinks by building. AssetLab organizes every asset both ways at once, so questions like "all chillers in Building A" or "HVAC budget by site" are answered in seconds.

  • System hierarchy: Class → Group → System (what it is)
  • Location hierarchy: Site → Building → Location (where it is)
  • Parent/child assets - link components to a parent like a chiller plant
  • Filter, report, and budget along either dimension
Explore system classification →
By system — what it is
Building SystemsHVACChillers
By location — where it is
Downtown CampusMain BuildingRoof Mechanical
Chiller 1
Same asset, two clicks from either direction
AssetLab
Renewal Forecast — 2026–2046
Capital backlog · ranked by risk
Export plan
Roof — Tennis CentreReplace 2026CA$55,000High · 16
BAS Controller — LibraryReplace 2028CA$25,000Medium · 9
Water Main — Admin WingReplace 2029CA$75,000Score risk
Risk scoring — Water Main20 · Critical
Safety · Operational · Regulatory · Financial
Likelihood
12345
Consequence
12345
Apply
Backlog total · CA$155,000 Inflation-adjusted · 3%
Ranked #1 — added to FY2029 plan

Fix what matters first

Score each asset by likelihood and consequence of failure, and your portfolio ranks itself - so attention and budget go where the risk actually is.

  • Two scores per asset - no complicated formulas to maintain
  • Rankings update automatically as condition changes
  • Defensible priorities for budget requests and audits
Explore risk management →

Scan a QR code, get the full story

Every asset gets a QR code automatically. Scan it with any phone and the complete record opens - no trips back to the office, no hunting through filing cabinets. Field teams report saving 10+ hours per week.

  • Complete maintenance history and documents
  • Parts, specifications, and open work orders
  • Report issues or create work orders on the spot
Learn how QR code asset management works →
AssetLab mobile app showing asset details and maintenance data
AssetLab
AS001 · HVACOperational
ASHP-1 — Mechanical Penthouse
Library Main Building Mechanical Systems
CRV
CA$100,000
FCI
24.0%
Remaining life
6 yrs
Condition62 / 100
+ Log inspection
Inspection — condition score62
Save
Inspection saved — condition updated

Condition data that stays current

Log an inspection and the asset's condition score, replacement forecast, and risk ranking update instantly - from purchase to disposal, the record keeps itself.

  • Field inspections update condition scores in real time
  • Log downtime events to track total downtime and its cost per asset
  • Condition drives replacement year and capital forecasts
  • Every change logged in the asset timeline for audits
Explore asset lifecycle →

Track every dollar across the asset lifecycle

From purchase to disposal, AssetLab captures every cost against the asset that incurred it - so each record carries its true total cost of ownership and feeds an accurate capital forecast.

Purchase & warranty

Capture acquisition cost, in-service date, expected lifetime, and warranty terms when each asset is added - the baseline every forecast builds on.

Maintenance & repair

Labour, parts, and vendor costs from every work order roll up against the asset automatically, building its running total cost of ownership.

Operating & replacement

Energy, operating, and projected replacement costs feed the capital forecast, so repair-or-replace decisions are made on data, not guesswork.

And everything else you'd expect

Document storage
Manuals, warranties, photos, and CAD files per asset
Custom fields
Track refrigerant type, BTU rating - anything you need
Comment threads
Team discussions right on the asset card
Cost breakdown
PM, repair, replacement, and operating costs separated
Parts integration
Link spares to assets, auto-deduct on work orders
Export & print
Excel/CSV export and printable QR labels
Timeline view
Complete audit trail of every change
Manufacturer database
Filter the whole portfolio by manufacturer
Multi-site support
Unlimited sites, buildings, and locations
Downtime tracking
Log downtime events with totals and cost per asset
Clone an asset
Duplicate an existing record to add similar assets fast
Parent/child assets
Link components to their parent, like a chiller plant

"AssetLab makes it easy to track assets by both system and location, which helps me see patterns, manage recurring issues, and make informed decisions instead of reacting blindly. The asset history gives me clarity when troubleshooting ongoing problems."

Steve Good
Facilities Manager, Progressive Housing Society
5.0 Rating

Stop Searching.
Start Managing.

Join organizations tracking billions in assets with AssetLab. Get started in minutes, not months.

No credit card required

Asset Management Software FAQ

Common questions about asset tracking, QR codes, pricing, and how AssetLab fits your organization.

What is asset management software?

Asset management software is a centralized registry of everything your organization owns and maintains - equipment, building systems, and infrastructure - with each asset's location, condition, costs, documents, and maintenance history attached. It replaces spreadsheets and filing cabinets with a single searchable system of record that your whole team shares.

What is the difference between asset management software and a CMMS?

A CMMS manages the work (work orders, PM schedules, parts), while asset management software manages the assets themselves (registry, condition, lifecycle, replacement planning). The two work best together - in AssetLab they share one database, so every work order automatically enriches the asset's history and cost record. Read the full comparison.

How does QR code asset tracking work?

AssetLab generates a unique QR code for every asset automatically. Print it as a label, and anyone who scans it with a phone opens that asset's full record - history, documents, parts, and open work orders - and can report an issue on the spot. No app install or manual asset-ID lookup needed. See the QR code asset management guide.

How much does asset management software cost in Canada?

US-based platforms typically charge $20-100 USD per user per month with features split across tiers. AssetLab offers transparent, published CAD pricing from $45 per user/month - covering asset registry, QR codes, risk scoring, lifecycle tracking, and reporting. See pricing for details.

How do I import my existing asset data?

Import your asset registry from Excel or CSV - sites, buildings, locations, system classifications, purchase data, and custom fields all map in. Most teams have their full portfolio loaded within days, with guided onboarding and no external consultants required.

Can AssetLab forecast when assets need replacement?

Yes. Each asset's age, expected lifetime, condition score, and maintenance costs feed a predicted replacement year and capital forecast. The asset replacement planner rolls this up across your portfolio so you can budget years ahead instead of reacting to failures.