Asset Panda vs. Wasp Inventory

Asset Panda, in my opinion, is well suited for even the most confined environments. The software's costing is very viable and well worth the value that it brings to solving a variety of keeping inventory that many businesses face. This item has saved us money by keeping track of assets that would have otherwise been lost or written off. This all is now in its proper place.

Incentivized

The Wasp Inventory system is best designed for the small to mod-sized business that is looking to create an inventory system that goes beyond the utilization of paper or Excel options for managing product. Wasp [Inventory] provides an entry-level approach to inventory tracking that is ideal for those who are not looking for an in-depth system that can be utilized for your supply-chain needs. In the case of Wasp [Inventory] it is a very compelling choice for those who are new to inventory and looking to begin the inventory process.

Incentivized

• It is great for a non profit organization because you can add any columns you need to the asset. For example, I have added a funding source column to sort different grants that have paid for our assets.
• Asset Panda provides the depreciation calculation for you.
• The software is easy to maneuver. It can be easily searched and sorted by type of asset/date or any category you create.
• You can add and track non depreciable items as well. Reports can be ran for just depreciable assets when needed so this will not interfere with you depreciable asset listing.

Incentivized

• Transactional/Historical Data
• Inventory Tracking/Tagging
• Querying data results via filters

Incentivized

• Sometimes search isn't the best
• It does not tell you if you have double posted

Incentivized

• We were looking at upgrading our version (we're currently running on-Premise Ver 7.0) - but they have now moved to a yearly recurring licensing model. The cost is about $3500/year for cloud-based Wasp Inventory - whereas our Version 7.0 was a one-time purchase. They also offer an on-premises version that costs about $6500 - and then a yearly 10% recurring charge on whatever the current cost of the software is being sold for. Neither options are appealing to our district whatsoever, so we will be staying with the version we have for the foreseeable future
• Their online form to request product information for purchase doesn't seem to be well-maintained. I reached out three times over the course of three or four weeks before I finally got a response. And that was just that my information had been sent to a local reseller of their products. We used to be able to purchase directly from Wasp, but that appears to not be an option any longer.

Incentivized

I have not used any other tracking programs, so I do not have an opinion either way

Incentivized

This system was already in-place when I was initially hired, so I don't have a history of looking into other companies currently, with similar offerings

Incentivized

• Inventory now has RBAC.
• Inventory is easily kept up to date with annual verification buttons.
• Inventory can now use labels and gun scanners for easy reconciliation.
• Inventory can be searched using any field.

Incentivized

• We're more organized.
• Allows us to take on more cases.
• Easier billing.

Incentivized