ToolWorks vs Asset Panda: 2026 Comparison
A direct head-to-head comparison of pricing, features, and AI capabilities. See which tool tracking solution fits your team.
Side-by-Side Feature Comparison
Both platforms handle tool and asset tracking—but they differ significantly in pricing, AI features, and ease of use. Here's how they stack up.
| Features |  | Asset Panda |
|---|---|---|
| Pricing Model | ||
| Pricing structure | Flat rate | Per user |
| Unlimited users | ||
| Unlimited assets | Tier-limited | |
| Starting price (small team) | $49/mo | $50+/user/mo |
| Core Tracking | ||
| Tool check-in/check-out | ||
| Location tracking | ||
| Maintenance scheduling | ||
| Custom fields | ||
| Barcode scanning | ||
| Works without barcodes | ||
| Kiosk self-service mode | ||
| AI Capabilities | ||
| AI Snap-to-Add (photo cataloging) | ||
| AI Copilot (natural language) | ||
| AI label reading | ||
| Mobile & Platform | ||
| iOS app | ||
| Android app | ||
| Offline mode | ||
| Dedicated kiosk app | ||
| Onboarding | ||
| Quick setup (under 15 min) | ||
| Free migration assistance | Paid | |
| Free trial | 14 days | 14 days |
Pricing Model
Pricing structure
Unlimited users
Unlimited assets
Starting price (small team)
Core Tracking
Tool check-in/check-out
Location tracking
Maintenance scheduling
Custom fields
Barcode scanning
Works without barcodes
Kiosk self-service mode
AI Capabilities
AI Snap-to-Add (photo cataloging)
AI Copilot (natural language)
AI label reading
Mobile & Platform
iOS app
Android app
Offline mode
Dedicated kiosk app
Onboarding
Quick setup (under 15 min)
Free migration assistance
Free trial
ToolWorks Pricing
- ✓Flat monthly rate per company
- ✓Unlimited users included
- ✓All features in every plan
- ✓No asset limits
Asset Panda Pricing
- •$50-60 per user per month
- •Costs increase with each user
- •Asset limits on lower tiers
- •Enterprise features require upgrades
Who Should Choose Which?
Choose ToolWorks if you:
- ▸Have a growing team or multiple locations
- ▸Want AI-powered cataloging without barcodes
- ▸Need a self-service kiosk for shop floors
- ▸Value predictable costs over per-user billing
- ▸Prefer fast setup without lengthy training
Choose Asset Panda if you:
- ▸Have an established barcode-only workflow
- ▸Need extensive customization for enterprise
- ▸Have a small, fixed team (5 users or fewer)
- ▸Require specific integrations they support
The Verdict
Asset Panda is a capable asset management platform with deep customization options—but its per-user pricing adds up fast. ToolWorks offers modern AI features, unlimited users, and simpler pricing that makes it the better value for most tool-tracking teams. Start a free trial and see the difference.
Why Teams Switch from Asset Panda to ToolWorks
See the key advantages that make ToolWorks the preferred choice for modern tool management.
Flat-Rate vs Per-User Pricing
Asset Panda charges $50-60 per user per month. ToolWorks uses flat-rate pricing with unlimited users—your 5th or 50th team member costs nothing extra.
AI-First vs Barcode-Dependent
ToolWorks lets you photograph tools to add them instantly via AI. Asset Panda requires barcode labels on every item before you can track it.
Built-in Kiosk Mode
ToolWorks includes a self-service kiosk app for shop floors. Asset Panda lacks native kiosk functionality, requiring workarounds or additional licenses.
Simpler Learning Curve
ToolWorks is designed for quick adoption—most teams are tracking in under 15 minutes. Asset Panda is feature-rich but known for a steeper learning curve.
Ready to Make the Switch?
Join thousands of teams who have upgraded from Asset Panda to ToolWorks. Experience the difference that AI-powered tool management can make.