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A comprehensive asset management software should include a robust set of features to effectively track, manage, and optimize an organizationโ€™s assetsโ€”whether physical (e.g., equipment, machinery, vehicles) or intangible (e.g., software licenses, intellectual property)โ€”throughout their lifecycle. Below is a detailed breakdown of must-have features for a high-quality asset management system, based on industry best practices and insights from various sources: