Feature Comparison
| Feature | ToolEquip | Asset Panda |
|---|---|---|
| QR Code Tracking | ✓ | ✓ |
| Barcode Scanning | ✓ | ✓ |
| Check In / Check Out | ✓ | ✓ |
| Mobile App (PWA) | ✓ | ✓ |
| Maintenance Scheduling | ✓ | ✓ |
| Calibration Tracking | ✓ | ✓ |
| Reservations | ✓ | ✗ |
| Real-time Dashboards | ✓ | ✓ |
| Audit Logs | ✓ | ✓ |
| Multi-location Support | ✓ | ✓ |
| Import / Export | ✓ | ✓ |
| API Access | ✓ | ✓ |
| Unlimited Users | ✓ | ✗ |
| Free Plan Available | ✓ | ✗ |
Pricing Comparison
ToolEquip
- ✓ Free plan — 50 tools, 2 users
- ✓ Professional: $49/month
- ✓ Business: $99/month — unlimited users
- ✓ No per-user fees ever
- ✓ Cancel anytime, no lock-in
Asset Panda
- ✗ No free plan
- ✗ Starts at $450/month for 10 users
- ✗ Charges per user — costs scale quickly
- ✗ Annual contracts required
- ✓ Highly customizable fields and workflows
Pros & Cons
ToolEquip Pros
- ✓ Free plan for small teams — no credit card needed
- ✓ Unlimited users on Business plan
- ✓ Clean, modern interface with fast onboarding
- ✓ Transparent pricing with no hidden fees
ToolEquip Cons
- ✗ Fewer custom field types than Asset Panda
- ✗ Newer platform with fewer third-party integrations
Asset Panda Pros
- ✓ Extensive customization with custom fields and forms
- ✓ Strong mobile app with offline support
- ✓ Broad range of integrations available
Asset Panda Cons
- ✗ Very expensive — minimum $450/month
- ✗ Per-user pricing makes scaling costly
- ✗ Complex setup and configuration required
- ✗ Steep learning curve for new users
Migrate from Asset Panda in 4 Simple Steps
1
Export Assets
Export your asset data from Asset Panda as a CSV file.
2
Free Trial
Sign up for ToolEquip and explore the platform risk-free.
3
Import Wizard
Use our guided import tool to transfer your data seamlessly.
4
Deploy
Print QR codes, onboard your team, and launch.