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What is Digital Asset Management Software?

Digital asset management, commonly known in the industry as DAM, is a process by which you can organize, store, retrieve and manage rich media which are usually encoded in digital format and defined through metadata. Show moreExamples of media assets include music, photos, videos, animations, design files, illustrations, audio files, podcasts, documents, presentations, ebooks and other such multimedia content. A digital asset management software is a system, tool or platform that allows you to control, optimize, access and share these digital assets as part of your business processes or to facilitate your business operations. Start by checking our leader monday.com, and other recommended solutions in this category.Show less

How was this ranking made?

To devise this ranking of best Digital Asset Management Software we have evaluated 371 trending tools currently available on the market, analyzing their features, ease-of-use, customer service, available integrations with other systems and mobile device support with our exclusive SmartScoreTM rating system. This list has been prepared by Nestor Gilbert, our B2B expert responsible for the Digital Asset Management Software category.

List of Top 12 Digital Asset Management Software

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1. monday.com

Our score: 9.8 User satisfaction: 99%

An industry-leading collaboration app for on-site and remote work teams. This leverages tools such as Kanban boards, Gantt charts, and workflow automations to help teams handle any type of project. It also seamlessly integrates with third-party apps to ensure easier adoption and extend its capabilities.

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2. Wrike

Our score: 9.7 User satisfaction: 97%

A collaboration software with user-friendly navigation and flexible project views for easier project management. It gives you a bird's eye view of your projects to get a better feel of the progress of your efforts. Moreover, its powerful reporting and analytics tools also help you generate accurate reports with actionable insights.

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3. Pics.io

Our score: 8.7 User satisfaction: 100%

Pics.io is a cloud-based Digital Asset Management (DAM) application for managing and distributing digital content.

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4. Uploadcare

Our score: 8.5 User satisfaction: 97%

An Infrastructure as a Service (IaaS) file uploader that uses an open-source HTML5 widget to upload images with a simple drag and drop motion. It serves as a unified cloud platform where clients upload, manage, process, and deliver digital assets to their end users.

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5. Filecamp

Our score: 8.6 User satisfaction: 96%

A cloud-based digital asset management (DAM) platform that allows users to access, share, and collaborate on files anytime, from any location, and on any computer or mobile device. Teams can save time searching for files, accessing the latest file versions, among others.

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6. Bandicam

Our score: 9.6 User satisfaction: 100%

Bandicam is a screen recording, video, and game recording software designed for YouTubers allowing them to record videos and gameplay with high compression ratio. It offers a variety of recording modes depending on how the user wishes to use the recording application.

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7. Cloudinary

Our score: 9.6 User satisfaction: 95%

Cloudinary is a provider of cloud-based, end-to-end solutions for applications’ image and video-related requirements. It offers a wide array of media management tools and supports image uploads, optimization, and manipulation. It also provides APIs, allowing you to integrate the system with current mobile and web applications.

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8. Adobe Experience Manager

Our score: 9.5 User satisfaction: 97%

Adobe Experience Manager is a dynamic DAM solution optimized for marketing and audience engagement. It has features for dynamic digital asset management, document management, user-generated content organization, and social engagement. the software allows you to create enhanced content for different media platforms.

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9. PicMonkey

Our score: 9.5 User satisfaction: 97%

PicMonkey is a photo editor and graphic design software equipped with easy-to-use tools for creating visuals and digital assets. It helps you transform original images into stunning artworks. It also allows you to create attractive and enhanced cover photos, advertisements, social media photos, and other digital assets.

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10. Panopto

Our score: 9.5 User satisfaction: 93%

Panopto is a software-as-a-service video platform that is designed to help educators and companies to stream live or create on-demand content for students or employees. It lets you stream and manage videos, demonstrations, and other content across multiple platforms.

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11. FotoJet

Our score: 8.9 User satisfaction: 100%

FotoJet is a low-cost web-based graphic design, photo collage, and photo editing tool.

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12. MEAU

Our score: 8.0 User satisfaction: 96%

MEAU is a digital platform that allows you to design and share digital business dockets in a simple and secure way.

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In the event you didn't find just the solution you were looking for here's a list of various categories similar to Digital Asset Management Software that you might want to browse through:

Digital Asset Management Software Guide

Table of contents

Industry Report - Digital Asset Management Software for 2022

CloudRank™ system is a unique algorithm that our research team uses to evaluate Digital Asset Management Software solutions in a detailed and accurate way. The Winter 2022 edition of the ranking was prepared by Nestor Gilbert, our leading expert in the field of Digital Asset Management Software, who has authored 1380+ product reviews in this category. The goal of CloudRank™ is to present an unbiased, multi-layered perspective on Digital Asset Management Software, considering a wide range of metrics and factors, and educating potential customers about both opportunities and challenges associated with each piece of software.

In order to achieve full objectivity the position in our CloudRank™ is based on:

  • Expert Score: which involves extensive analysis by our internal team which carefully examined all key elements of each software and testing it in real-life situations
  • User Score: which involves an aggregated opinion of actual users of each product whose identity was properly verified
  • Market Position: which involves general recognition of a given vendor on the market and reflects its overall popularity and reach
What do the tiers in CloudRank™ mean?

What do the tiers in CloudRank™ mean?

We’ve calculated a score for each product based on the average experience shared by our users in their product reviews and arranged the list in three tiers. You can see the methodology below on how the calculations were made.

  • Leaders: those with a User Score of 8 or higher; this tier includes products that are currently leaders on the market and are appreciated by both experts and actual users. They always represent the best of what the Digital Asset Management Software market has to offer and are all worth trying out if you’re looking for a reliable solution.
  • Contenders: those with a User Score between 7.5 and 8; this tier includes high-quality products that still have some minor drawbacks that prevent them from becoming leaders on the market. They always represent well-designed tools that, over time, will most likely develop into market leaders as the missing features are added.
  • Rising Stars: those with a User Score between 7 and 7.5; this tier includes products that have high-potential but still lack some crucial features or services expected from a leading solution. They are products with solid foundations and a vision that makes us eager to see what they will become as their solution improves in the future.

Regardless of their tier, all products included in our CloudRank™ are popular, quality products considered top-performers by our team of experts. Make sure you read a more detailed review of each solution to find one that will work best for your specific needs and budget.

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Rising Star
Contenders
Front-Runners

MARKET POSITION

A score between 1 and 10 based on popularity and market reach of each product.

TOTAL score

A score between 1 and 10 based on the average of our Expert Score and User Score.

How does CloudRank™ work?

Arrow top

Market Position

A score between 1 and 10 based on popularity and market reach of each product.

Arrow right

Total Score

A score between 1 and 10 based on the average of our Expert Score and User Score.

CloudRank™ tier

Based on product's total score.

Rising Star

Contender

Front Runners

25 Most Popular Digital Asset Management Software

Here is a list of all 25 Digital Asset Management Software solutions evaluated with our CloudRank™ analysis. We have compared their features, user satisfaction, market presence and other key factors in an in-depth analysis you can find below:

1. monday.com

9.14
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Our score and features analysis:

Total User Satisfaction

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Score:9.14
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2. Wrike

8.95
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Our score and features analysis:

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Score:8.95
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3. Google Drive

8.94
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Our score and features analysis:

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Score:8.94
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4. PandaDoc

8.63
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Score:8.63
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5. WordPress

8.59
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Our score and features analysis:

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Score:8.59
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6. Adobe Experience Manager

8.34
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Our score and features analysis:

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Score:8.34
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7. Laserfiche

8.33
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Score:8.33
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8. Adobe Acrobat

8.33
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Our score and features analysis:

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Score:8.33
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9. Nuxeo Platform

8.08
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Our score and features analysis:

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Score:8.08
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10. Cloudinary

7.94
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Our score and features analysis:

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Score:7.94
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1-10 11-50 51-100 100+
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11. PicMonkey

7.90
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Our score and features analysis:

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Score:7.90
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1-10 11-50 51-100 100+
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12. Panopto

7.73
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Our score and features analysis:

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Score:7.73
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13. Pics.io

7.69
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Our score and features analysis:

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Score:7.69
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14. Brandfolder

7.64
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Our score and features analysis:

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Score:7.64
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15. Fluix

7.59
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Our score and features analysis:

Total User Satisfaction

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} CloudRank™
Score:7.59
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No. of employees:

1-10 11-50 51-100 100+
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16. WebDAM

7.41
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Our score and features analysis:

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Score:7.41
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1-10 11-50 51-100 100+
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17. Image Relay

7.35
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Our score and features analysis:

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Score:7.35
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18. ImageKit

7.33
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Our score and features analysis:

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Market Position

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Score:7.33
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No. of employees:

1-10 11-50 51-100 100+
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19. NetX

7.26
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Our score and features analysis:

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Score:7.26
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20. Bandicam

7.18
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Our score and features analysis:

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Score:7.18
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21. Extensis Portfolio

7.14
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Our score and features analysis:

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Score:7.14
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22. IntelligenceBank

7.08
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Our score and features analysis:

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Score:7.08
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No. of employees:

1-10 11-50 51-100 100+
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23. Asset Bank

7.02
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Our score and features analysis:

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Score:7.02
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1-10 11-50 51-100 100+
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24. Libris

6.93
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Our score and features analysis:

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Score:6.93
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25. Filecamp

6.84
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Our score and features analysis:

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Score:6.84
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Our report covered 25 most popular products from the Digital Asset Management Software category. We’ve analyzed their features, performance, integration, customer support, pricing, and several other key buying factors and combined it with feedback from user reviews to come up with the current list of best solutions:

Our top spot for the digital asset management software goes to monday.com.

monday.com is one of the world’s leading collaboration, communication, and digital asset management software that is widely used by remote teams. The company that developed this software is based in Tel Aviv, Israel, and is currently serving as a home to no more than a thousand people. This software is the best at organizing workflows and information in one single accessible hub which enables team members and leaders to create, plot, and execute decisions together. Due to this, FinancesOnline has given monday.com multiple awards that include Supreme Software, Expert’s Choice, and Great User Experience Award.

One of the best things about monday.com is its usability and customizability. Users can easily design this software’s interface based on the projects their teams are working on. Moreover, team managers and business owners can easily oversee all of the information related to a project because of monday.com’s unique Board concept, which means it provides in-depth insights on your projects or tasks or even the complete company’s performance upon need. Additionally, this software has a great reporting and analytics system that is able to collect and systematically relate connected projects and tasks. Furthermore, as a digital asset management software, it intuitively stores all of your team’s digital assets in an organized manner which can be easily accessed later.

Also, monday.com seamlessly integrates with other third-party platforms such as Dropbox, Zapier, Google Drive, and more. And if that doesn’t quite work out for your needs, this software comes with an open API architecture that lets developers build their own integrations. Lastly, monday.com comes with a great free trial with a basic plan that comes at $39 per month.

Most users of Digital Asset Management Software solutions confirm that in most cases these tools allow them to reach the following business goals:

  • It enables time-saving search and delivery of digital resources to our clients [ 86.0% of users ]
  • It facilitates quicker workflows through the repurposing of assets [ 86.8% of users ]
  • It helps in easy organization and control of digital assets [ 84.9% of users ]
  • It provides a central secure location for all our digital assets [ 86.4% of users ]
  • It provides anytime access from any location to our cloud-hosted digital files and content [ 87.0% of users ]

How did we select products for this Digital Asset Management Software report?

The Winter 2022 version of the report includes a total of 25 Digital Asset Management Software products that were compared and analyzed by our team. We selected them based on the following factors:

  • Popularity of a given brand in the SaaS market (based on our own market research)
  • How popular a given brand is among FinancesOnline users (based on number of mothly readers for each review page)
  • Availability of statistical data generated from user reviews of a particular product (we excluded products with not enough data to draw meaningful conclusions)
  • The current listing reflects the state of our database and research as of February 2022. An updated version of the report will be released quarterly to keep data fresh and incorporate information about shifts and changing trends in the market.

What are the current Digital Asset Management Software trends?

Cloud Deployment

Digital asset management software will offer more cloud deployment in the near future. A recent study showed that 75% of all databases will be deployed or migrated to a cloud platform by 2022. Through the cloud, your team and company’s digital assets can be easily transferred between departments – even at an enterprise level. As such, digital asset management software deployed via the cloud also has the potential to increase productivity and reduce operating costs while continuing to provide a single source of truth to maintain brand identity.

Source: IDC

Supporting the Digital Experience

According to a recent report, digital transformation initiatives is a top goal for 71% of decision-makers. One of the key ways to achieve this is via dynamic content which enables content teams to generate multiple renditions and adaptations of assets. Experts believe that this will play a key role in personalizing and adapting content across multiple devices and channels to increase and retain the number of customers.

Data-driven DAM

The data gathered by your digital asset management software will become more precise which will make asset ROI become a more quantitative discipline. In effect, this will improve DAM adoption and companies will have the ability to become more focused on data without a need to scale up expenses for analytics.

More than in any other period, today’s businesses, corporations and organizations rely heavily on data to be effective and successful. And with an interconnected world, data and information come fast and in enormous volume that accumulate day in and day out. For easier handling and storage, data is encoded in digital format and, whatever type of file or content they may be, they form your rich media or digital assets. It is therefore essential that you get the best or most suitable digital asset management tools for your business.

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However, there are some things you first need to assess such as the current state of your business, processes, workflows and infrastructure, among other things. It would help if you consider certain factors in your choice of DAM software programs such as the types of digital assets you use, the challenges or issues faced by your company or brand in relation to those digital assets, the primary users of the software, and the benefits you will derive from using such software platforms.

Basically, our detailed comparisons show that your DAM software should have the following key attributes:

  • Scalability – Can it handle your expanding digital assets and the increasing number of users that will access and use them? Can it be configured to fit your requirements and budget?
  • Hosting options – Is it on cloud, web-based or on-premise? Can it be used with a combination of these options? Can it be deployed quickly?
  • Features – Is it intuitive and user-friendly? Does it have the basic functionalities expected of a DAM software? Is there any capability unique to this platform? Is it future-proof?
  • Security – Are there mechanisms in place to ensure that your digital assets are safe and secure? Does it have ample safeguards and backup?
  • Help and support – Does the vendor offer knowledge (demo, trainings, webinars), technical (in-person) and other kinds of support (live chat, phone, email), and can you rely on them when you need them?

If you are planning to get a digital asset management software, it is best that you first try out some of the leading tools. There are dozens of DAM platforms in the market and it would be to your advantage to go over the demo and avail free trial plans normally offered by digital asset management  software providers. It would give you the opportunity to explore firsthand the claimed features and capabilities and also do a comparison. You can also visit software review sites such as ours whose experts scrutinize such products and rate them according to a set of industry standards as well as user satisfaction. This way you get all the information you need to fine-tune your search. We recommend you try out the free trials of the apps that have been given high rankings in our digital asset management software reviews. 

Targeted Businesses

Individual entrepreneurs and startups to mid-sized businesses and global corporations can benefit from having a platform to manage their digital assets. In fact, any organization of whatever size and niche striving to optimize existing digital asset processes will find it necessary to have a DAM system. Specifically, businesses involving or having teams, departments and partners listed below will be greatly served by a digital asset management software.

  • Admins/HR – personnel records, trainings, activities and performance as well as organizational support are increasing being recorded on digital documents that become part of your digital assets that are stored and regularly retrieved.
  • Sales teams – streamlines sales process with the most up-to-date digital resources that can be readily accessed when needed. Brand consistency is maintained all throughout sales and marketing activities.
  • Marketing teams – helps organize, track and manage digital files in one location regardless of different file types. This facilitates creation of brand-aligned campaign materials and boosts marketing campaigns.
  • Design department – improves creative workflows with a convenient and quick tool to find files. Valuable time is saved by design professionals who can just repurpose digital assets instead of searching for or recreating images.
  • IT department – a DAM platform hosted on cloud won’t require deployments, installations, maintaining onsite servers, different file sending solutions or new file security mechanisms.
  • Distributors – optimizes distribution process across your network by always having the latest on-brand assets available.
  • Agencies – both client and users can enjoy a professional experience with a branded web portal that keeps digital files and resources organized.
  • Freelancers – DAM systems allow freelancers and their clients to stay on the same page and work on projects collaboratively in a centralized platform.

What are Examples of Digital Asset Management Software?

  • Asset Bank: a robust digital asset management software that helps you gain complete control over your assets with ease, powerful features, and numerous configuration options to match your needs. This competitively priced solution is available for deployment in the cloud and on-premise giving you a flexible option on your preferred implementation model.
  • Canto: a feature-filled solution with a modern design and advanced search function for accurately finding assets. It comes in two versions: the Flight, a cloud-based system for storing, accessing and managing your assets; and the server-based Cumulus, for enterprise that need a heavy-duty DAM system.
  • Widen Collective: a digital asset management software with intuitive interface and dashboard that allows quick access to most-used functions such as search, upload tools and activity display, for expediting workflows. It can ably manage assets down to details such as applying expirations, digital rights and versions.
  • Third Light IMS: a digital media management tool and library that comes in standard, premium and enterprise editions. It allows, among others, tailoring your library to suit your business, integration with your CMS, sharing directly to social media, and secure downloading of digital files.
  • WebDAM: cloud platform that offers unlimited storage for unlimited users aside from having lots of functionalities. It is built not only to handle digital assets but also to manage brands and creative projects.
  • Filecamp: an on cloud platform designed for all companies that share and collaborate on media files. It also has special features for creative businesses such as collections, labeling and online proofing.
  • monday.com: a visual project management platform that provides a centralized platform for your marketing assets and campaign materials. It also comes with unique automation tools that can be tailored to your workflows.
  • Wrike: allows you to publish assets in just a few clicks. Integrations with other digital asset management platforms help you maintain brand dignity across multiple channels.
  • Cloudinary: a feature-rich asset management solution. It has image manipulation, video transcoding, optimization, and file upload and storage features among others.

Types of Digital Asset Management Software

There are three types of digital asset management tools and all relate to the way they are deployed or hosted. These are Software-as-a-Service (SaaS), on-premise or open source.

  • SaaS – This comes as a software package that is accessed through the internet. Being on cloud or web-based, it does not need any hardware or servers to maintain hence it is ideal for those starting out and wanting an affordable DAM system that is ready to use, scalable and accessible anytime. It is important to know if support and upgrades come with the package or if they are separate costs.
  • On-premise – This one is delivered and installed on your machine so you need to have the hardware and storage space to make it work. The key advantage is that your IT team has complete control over its operation, maintenance as well as security, especially if you have to safeguard vital assets and proprietary information. This setup is common in many large corporations but total control means bigger responsibility for your IT team to keep the system in top shape which, of course, entails more expenses.
  • Open source – The source code of the software is publicly available, and the system can either be on-premise or hosted by a third-party. Open-source software means it is developed through collective inputs and you can take advantage of new features that come out. However, the drawback is less security and greater challenges for your IT team.

Many factors can affect your choice for a DAM system such as support, budget, commitment as well as capabilities of the people who will handle the system. Whatever type of digital asset management software you choose to adopt, you have to make sure that it can meet the needs of your organization.

Key Features of Digital Asset Management Software

Having one primary source and repository where you can distribute and manage the digital assets of your business allows you to streamline workflows, expedite tasks, ensure quality output and enhance brand consistency. Your software helps you realize the aforementioned processes because of functionalities built for its purpose. Key features can be grouped into three: management, collaboration and security.

Management

  • Metadata/taxonomy – describes files and content for easy searching, organization and reuse
  • Ease of use – responsive interface, intuitive controls, and easy to navigate
  • Storage capacity – amount of file and content it can keep
  • Number of users – unlimited users or a fixed number
  • Advanced search – smart and precise searching through filters and similar tools
  • Branding – mechanisms to ensure brand focus
  • Reporting/analytics – details and reports on activities relating to digital assets; insights to see content performance, use and engagement

Collaboration/Sharing

  • Integration – ability to work with CRMs and other apps and platforms
  • Workflow – multiple, multi-location users can work/collaborate on a file
  • Notifications – allows adding of comments when a file is edited or altered
  • Social sharing – direct posting of files to social media

Security

  • Encryption – data and account information are encrypted to further ensure asset protection
  • Digital rights – adding digital watermarks to content to protect business works
  • Remote/mobile access – permissions and authorization settings for safe access even on the go
  • File transfers – HTTPS protocols for secure transferring of digital assets

Benefits from Digital Asset Management Software

If you have read this far, you may now have an idea of how important a digital asset management software is and the huge advantages you can gain from its adoption. Nevertheless, we’ll have a quick rundown of the several benefits it can provide:

  • Secure, central site for all your digital assets – Whether on cloud or on-premise, you have one location to store your digital resources for easier access, organization and security. No more problems with storing in different sites where you’re likely to misplace or even lose files. Also it’s easier to create backups from one location than create copies of files from various storage sites.
  • 24/7 access from any location to your cloud-hosted digital files and content – The convenience of anytime, anywhere, on the go access to you and those with authorization/permission can only be possible with cloud/web technology.
  • Time-saving search and delivery of digital resources to users and clients – With files meticulously identified with metadata, tags and other digital identifiers, it is the modern means of cataloguing. Together with built-in filter search, you don’t waste time finding files and promptly delivering them.
  • Faster workflows via the repurposing of assets – Instead of creating files from scratch, like illustrations and presentations, you can take a stored file then edit, revise and save it as a new file while preserving the original that you used as a basis or template. Precious time, effort and resources are saved with repurposing.
  • Easy organization and control of assets – You can group and organize assets according to titles, types, formats, size, date created, frequency of use, user or user groups, and any other characteristics. You have a wide level of control to keep assets in order and facilitate searching.
  • Improve sales, marketing and creative collaboration – One of the hallmarks of a DAM software is allowing for collaboration. Your teams get to work and share on projects using digital assets and files that can be conveniently stored, retrieved and repurposed whenever required. Sales and marketing teams can even share and post files directly to websites for more efficient and up-to-date campaigns.
  • Consistent brand deployment and management – All your digital assets, files and resources can be marked and embedded with your corporate logo and symbols so that whenever said assets are retrieved and used, they consistently carry your brand.
  • Simplified digital publishing and distribution – From concept to design, layout to content creation, proofreading to editing, to final media product and distribution, all phases in digital publishing can be aided by a DAM software where all needed digital files and resources can be easily accessed.
  • Streamlined digital rights management – A DAM software can set access controls and usage restrictions to proprietary or copyrighted materials in your digital media library. To prevent the misuse and abuse of files like photos and images, a digital watermark is usually added. But you don’t have to watermark each and every digital file in your collection since this can be accomplished through the batch action feature of DAM software. Setting permissions; use expiration; and copy protection, prevention and control can be done by a digital asset management system.
  • Eliminates content and file-sharing silos – With a secure DAM software in place, you can count on a single source of truth when it comes to accessing and managing your digital assets. By having a centralized asset library, anyone from your team can easily locate folders and files and avoid the complications that come from using multiple content sharing platforms.

Current and emerging technologies are influencing certain core capabilities and features of digital asset management software. Here are the notable ones worth knowing.

  • Quality Metadata – Describing and tagging content has become a critical aspect especially with the continuously expanding volume of digital assets to manage. The traditional cataloguing and archiving methods won’t cut it for the growing digital information and resources that modern businesses have to manage. This is why information professionals are finding ways to standardize and fine-tune metadata practices and capabilities to come up with a more precise and consistent metadata system. Developments in this area are important since metadata is widely considered as the backbone of digital asset management.
  • File Extensibility – It is not only the growing numbers of files businesses have to contend with nowadays but also the increasing range of file formats. There are currently hundreds of file formats and file extensions for documents, images, graphics, design, audio, video, database, compression, encryption, financial records, fonts, desktop publishing, scientific data, and many others. DAM systems are often limited to only the most widely-used formats. Initiatives are underway for open-ended file extensible architecture and several vendors have actually already included this capability in their systems.
  • Microservices – There is a trend for more niche or content specific services instead of all-in-one platforms. This makes practical sense. If your current digital assets comprise mostly of images and photos, you are not compelled to get an all-format package unless you foresee in the near future that your assets would expand to include other file types. DMS platforms specifically for images, videos, documents or certain types of digital assets have sprouted, paving the way for microservices. An example of these is online stock photo libraries that have basic DAM system features like metadata, storage, sharing and retrieval.
  • AI Factor – artificial intelligence integration and interoperability with DAM systems will make asset and file searching even more accurate, error-free and at lightning speeds. Though tech in this area still has to gain traction, the direction is to have a DAM system aided by AI to do more specialized tasks, handle big volume data, and manage sheer number of assets.
  • Workflow automation – workflow automation continues to play a significant role in digital asset management. Automation of certain repetitive processes allows businesses to accelerate their production and delivery. It also helps teams smoothly move forward, keep track of project progress, and meet target review and approval deadlines.

Potential Issues

Much as we would want it, there is no perfect system. Issues and challenges can crop up in the use and implementation of a DAM system, and it is only proper that you are well aware of these.

  • Adoption – Although DAM software has been around for some time, there is still the issue of adoption which pertains to two related areas – usability of the system and user adoption of the system. Although many vendors claim their product to be intuitive, many “once in awhile” users are lost when they use the system. Meanwhile, even regular users don’t seem to understand what the software is for and assume it can automatically tag files (it can’t, this still requires manual effort), be a website media manager (it isn’t but can work with a CMS to help do the job), and can do “page-making” (it does not since it’s not an artwork editor or template/page builder). All these hinder user adoption which can be overcome on the part of the vendor by designing their product’s UI for total usability, and on the part of users to be trained and knowledgeable of what the software is for, and what it can and cannot do.
  • Internet Access – Any platform that is web-based or hosted on cloud would require you to be connected to the internet. But even with today’s omnipresent connectivity, there are still some areas lacking cellular signal or internet access, hindering your ability to reach your online app. You just have to make sure beforehand that any new place you’re going to has internet or cellular coverage. With platforms installed in your machine, connectivity is not an issue. What you have to prepare for are sudden power outages and hardware failure, in which case you should have a backup system in place to keep your platform continually operational.
  • Asset Security – Even ironclad systems are no match for the most determined hackers. Unless you have a most prized asset that everyone want to get their hands at, all you need to set up are standard security protocols, authentication procedures, and authorization/permission levels that are updated, reviewed and changed regularly. But just so you have peace of mind, you should consult the product vendor or an independent security tech provider to go over your system and digital assets and see if proper safeguards are in place.

Things to Consider When Buying Digital Asset Management Software

A digital asset management software provides a secure and centralized repository of images, videos, documents, and other file types relevant to your projects. With the right software, you’ll have the features you need to facilitate the entire lifecycle of your asset management processes—from organization to production and distribution of media files. Below, you’ll find a list of the things you must consider when buying your first digital management software:

  • Business size: When choosing a digital asset management software, you’ll have to consider the size of your business first. Would you need a platform that can hold a huge amount of digital assets? Or perhaps you merely need an ample size of storage for your media library? Some DAM solutions have an extensive list of features. The catch is they may be too big for your business needs and you might end up paying for the features you will barely use. Considering your business and asset size can help you find the most ideal solution for your company.
  • User interface: The purpose of DAM solutions is to streamline the organization of your assets. This can be easily achieved with a neat and user-friendly interface. This is why it’s important to take into consideration the software’s design and layout and make sure that it’s optimized for usability. It should be easy to navigate and make things easier for your team. Plus, the DAM software you need to choose is one that offers a familiar and convenient user experience.
  • Metadata usage. Complete, accurate, and filterable metadata allows you to have an efficient search experience. Thus, for every DAM system your eye catches, you have to first know how it supports metadata. Does it have customizable metadata fields? Does it allow you to import existing metadata? Does the metadata stick with the file when it leaves the system? A DAM system with useful metadata functions can help you locate your assets easier.

Useful Statistics

As businesses migrate their operations to the cloud, there becomes a growing demand for secure storage and convenient organization of digital assets. Here are some relevant digital asset management statistics you should know:

  • By 2024, the global digital asset management market will be worth $6.9 billion, which is six times its share from 2018. (Research And Markets, 2019)
  • About 93% of small businesses are backing up their data to the cloud. (Unitrends, 2019)
  • About 41% of companies own more than 1,000 confidential folders that are open to everyone. (Varonis, 2018)
  • Companies save nearly $189,000 when they implement a digital asset management software. (Ice Portal, 2017)

List of Digital Asset Management Software Companies

Order by:

Newest
  • Newest
  • Score
  • User Score
Product name:
Category:
Smart Score:
Price:
User Satisf.
User reviews:
Fusion LIHTC reviews

Fusion LIHTC

Digital Asset Management Software
8.5
By quote
95%
Artwork Flow reviews

Artwork Flow

Digital Asset Management Software
8.6
$39
97%
Simple Asset Manager reviews

Simple Asset Manager

Digital Asset Management Software
8.1
By quote
93%
Kontainer DAM reviews

Kontainer DAM

Digital Asset Management Software
8.6
$295
96%
4ALLPORTAL reviews

4ALLPORTAL

Digital Asset Management Software
8.0
$690
96%
Fast Screen Recorder reviews

Fast Screen Recorder

Digital Asset Management Software
8.0
$19
93%
Muvi Flex reviews

Muvi Flex

Digital Asset Management Software
8.8
$199
95%
Verofax reviews

Verofax

Digital Asset Management Software
8.0
$279
100%
LifeHash reviews

LifeHash

Digital Asset Management Software
8.0
By quote
97%
HEICfile Converter reviews

HEICfile Converter

Digital Asset Management Software
8.0
Free
99%
MasterDAM reviews

MasterDAM

Digital Asset Management Software
8.0
By quote
93%
Filerobot reviews

Filerobot

Digital Asset Management Software
8.0
by quote
94%
MEAU reviews

MEAU

Digital Asset Management Software
8.0
By quote
96%
image4.io reviews

image4.io

Digital Asset Management Software
8.0
$40
97%
TreoDAM reviews

TreoDAM

Digital Asset Management Software
8.0
Free
98%

Things to consider when you invest in a SaaS

Infrastructure plays a big role in a SaaS software. If there is downtime, you would not be able to access the service. So, you should pay good attention to the system’s infrastructure when considering SaaS vendors.

Many companies fail to ask their shortlisted SaaS providers questions about disaster recovery, service level agreements (SLAs), and security. These are crucial infrastructure elements that need careful consideration when evaluating a vendor.

SaaS is straightforward to subscribe to. All you need to do is go the website and purchase a suitable package for the required number of users. For this reason, many firms pay attention only to the rate of the software and not to infrastructure considerations. They may also think that thorough evaluation is not needed since it is so simple to get started quickly.

But you need to be prepared for situations as such as the SaaS vendor going out of business or their website going down. You need to have contingency procedures in place to face these situations to ensure they do not have a harmful effect on your organization. It is simple to subscribe to a SaaS product, but think about the impact on your company if the platform is withdrawn by the provider.

Frequently asked questions about Digital Asset Management Software

What is the best digital asset management software?

The best digital asset management software is monday.com. With it, you can manage your marketing assets and campaign materials in one unified platform. It also comes with useful workflow tools to streamline the entire lifecycle of your projects, from planning right down to execution.

monday.com can be easily be tailored to your business requirements. For instance, you can create your own workflows, allowing your team to work in a style that matches them best. It also allows you to keep your design files, print templates, images, videos, and other relevant files in a contextual digital environment.

You’ll also appreciate monday.com’s collaborative calendar, which helps you manage your tasks and campaigns and stay on top of your deadlines. Here, you can see the number of hours spent on tasks, and it automatically notifies you about delayed processes.

What are the benefits of digital asset management software?

Content backups. In case of accidental deletion or errors in saving, you can easily revert to an older version of a file to recover it.

Accessible storage. A DAM software consolidates all your digital assets in one centralized location that your team can access at any given time.

Secured platform. Enterprise-level encryption protocols ensure the security of your digital assets.

Advanced search. DAM solutions offer more specialized search functionalities, enabling you to locate your assets more quickly.

Metadata. You can embed metadata to all your digital assets and make sure that they stay with the file even when they leave the system

Real-time file synchronization. DAM platforms enable your team to have access to the same updated version of your digital assets.

What are the features of digital asset management?

Asset storage. Digital asset management platforms allow you to keep your files in a secure and organized media gallery.

Metadata fields. In metadata fields, you can add, modify, and view metadata like keywords and tags for the digital media files you have.

Access control. This feature allows you to set a granular level of access permission to ensure the security of your files.

File transfer. Most digital asset management platforms use the HTTPS protocol for secure file transfers.

Auto tags. To improve your search experience, some digital asset management platforms have an auto tag feature that analyzes your content and automatically assigns tags.

Search. Advanced search capabilities allow you to look through specific labels, changed dates, keyword combinations, tags, categories, and the like to locate the digital asset you are looking for.

What is the easiest digital asset management software to use?

There are a number of user-friendly digital asset management platforms that you can choose from, such as monday.com, Wrike, and Cloudinary.

monday.com: Aside from having a visually-pleasing user interface, monday.com also is also a user-friendly solution that requires a low learning curve. It helps organize your marketing assets and campaign materials in an easy-to-navigate platform.

Wrike: Wrike also offers a straightforward interface, which allows even nontechnical users to navigate through the platform easily. It also enables you to quickly spot and select the digital assets you need for your campaigns or projects.

Cloudinary: Cloudinary is another feature-rich and convenient digital asset management platform. It lets you upload, store, and manage as many media files as you need without any hassle on your part.

What is a good free digital asset management software?

Wrike. Wrike offers a free plan for up to 5 users. It’s ideal for small teams who need a simple and shared asset management platform. In case you need additional features, you can easily upgrade to paid plans starting at $9.80.

ResourceSpace. ResourceSpace is a free digital asset management software. Its free plan includes 100GB free storage with no expiry, plus a complimentary onboarding session to get you up to speed with its features.

Airtable. You can also try Airtable’s free version, which includes unlimited bases, 2GB worth of attachment space per base, email support, and self-service knowledge base. It’s a spreadsheet-like database that allows you to add attachments, notes, checkboxes, and other file types to stay organized.

Nestor Gilbert

By Nestor Gilbert

Nestor Gilbert is a senior B2B and SaaS analyst and a core contributor at FinancesOnline for over 5 years. With his experience in software development and extensive knowledge of SaaS management, he writes mostly about emerging B2B technologies and their impact on the current business landscape. However, he also provides in-depth reviews on a wide range of software solutions to help businesses find suitable options for them. Through his work, he aims to help companies develop a more tech-forward approach to their operations and overcome their SaaS-related challenges.

Updated

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