Seamlessly manage your product requirements with the product management software. Do you have a tight budget and even tighter deadlines? Are you left with dealing the missed deadlines, employee burns out and blow the budget? Do you have a centralized platform to track the work or have real-time vision into the projects which are at risk or what your team is working on? Well, in answer to these all are very simple, and it is product management software. Yes, you read it right. This software lets you do this all. You can create, assign requirements and prioritize them or track real-time development with this product management software. As the companies grow and begins to be more specialized, the need for highly customized software also increases. It's high time you use such software. The product development software allows you to conceptualize, develop, design, and do marketing of the newly rebranded or newly created services or goods. Another important aspect of product development is road mapping. we have reviewed best 10+ product management software. Take a look...
What are the Best Product Management Software in 2023?
» Our score is based on user satisfaction (reviews & ratings), social media buzz, online presence, and other relevant information. If your software is part of this list, use this badge on your website and social media to let your readers know about your success.
List of Best Product Management Software With Ratings & Reviews
1. ProdPad – Product management and roadmapping for product teams
About ProdPad : ProdPad provides product management software that helps product teams collect ideas, identify priorities, and build flexible product roadmaps. A smart, dynamic toolkit that integrates with your product development processes at every stage and supports collaboration from your entire business empowers product managers to turn great ideas into great products that customers love.
ProdPad Product Management Features : Collaboration, Feedback Collection, Idea Management, Product Roadmapping, Requirements Management
“Customers look forward to calls with me because I’m informed about what’s going on. It builds credibility every time I’m able to come to the table and tell them what we have planned next.” – Priscilla Zorrilla
CreateSHIFT
United Kingdom
11 – 50
2012
$99.00/month
Yes
3.8
10+ Reviews
4.4
30+ Reviews
2. Wrike – Manage your projects from start to finish with Wrike
About Wrike : Wrike, Inc. is a fast-growing privately held corporation that gets thousands of new customers on board year after year and shows stable annual growth. Wrike’s diversified, international customer base includes well-known brands, such as PayPal, Hootsuite, Hubspot, Citrix, and many others. Headquartered in Silicon Valley, Wrike is operated by a passionate team that is focused on top-notch engineering and design, usability, and dedicated customer care.
Wrike Product Management Features : Collaboration, Milestone Tracking, Prioritization, Product Roadmapping, Release Management, Requirements Management, Resource Management, Workflow Management
“As managers, Wrike allows us to better support the people who are working with us. It also allows us to ensure that, if I’m leading a program, I know that everyone clearly understands what they’re supposed to do.” – Katy Scott
Wrike
United States
51 – 200
2009
$9.80/month/user
Yes
4.2
1550+ Reviews
4.1
1080+ Reviews
3. Targetprocess– Visual tool for Agile project management (Scrum, Kanban)
About Targetprocess : Targetprocess provides a visual Agile management solution that enables customers to scale Agile from a single team to the enterprise level. Teams can customize Targetprocess to match their ways of working, visualize work from multiple angles to understand the big picture, and present a unified view of progress up to the portfolio levels to drive smarter investment decisions.
Targetprocess Product Management Features : Collaboration, Feedback Collection, Idea Management, Milestone Tracking, Prioritization, Product Roadmapping, Release Management, Requirements Management, Resource Management, Workflow Management
“The flexibility to customize our process within TargetProcess is amazing, with custom fields and the broad variety of views, everything we need to keep track of what is happening at the company is provided. TargetProcess is the main managing tool at TecSinapse. A great tool for managing product lifecycle!” – Paulo V.
Targetprocess
Belarus
51 – 200
2006
$20.00/month/user
Yes, get a free trial
4.5
530+ Reviews
4.3
170+ Reviews
4. CaseCamp.com – Best Free Online Project Management Software Tool
About CaseCamp.com : Product Management Software CaseCamp.com, keeps people on the same page working toward a common goal: finishing a project together. We are closely married with GitHub for Version Contract and IOS & Android App for time & location Tracking.
CaseCamp.com Product Management Features : Collaboration, Feedback Collection, Idea Management, Milestone Tracking, Product Roadmapping, Release Management, Requirements Management, Resource Management, Workflow Management
“Casecamp ensures that a project manager’s task is to make certain that all the stakeholders understand the project and agree on what project success looks like. Their topmost priority is that the change-driven scope definition is clarified just sufficiently for time and cost estimates.” – Vinay Ram G.
Auction Software
United States
11 – 50
Not Found
$25.00/month
Yes
4.7
150+ Reviews
0.0
0 Reviews
5. Aha! – Web-based product road map management solution
About Aha! : Aha! is the world’s #1 product roadmap software. Aha! help more than 5,000 innovative companies — from startups to the Fortune 500 — build products customers love. More than 200,000 users worldwide trust Aha! to set brilliant strategy, capture customer ideas, and create visual roadmaps. The company was founded in 2013 by Silicon Valley veterans and product management experts Brian de Haaff and Dr. Chris Waters, whose two previous companies were acquired by well-known public corporations.
Aha! Product Management Features : Collaboration, Feedback Collection, Idea Management, Milestone Tracking, Prioritization, Product Roadmapping, Release Management, Requirements Management, Workflow Management
“Incredibly easy to setup and use. After watching the training videos I was up and running with a test project within the hour. The interface is clean and consistent, and largely self explanatory for anyone – you don’t need to be a product or project manager. Easier management, improved communications, better roadmap visibility.” – Jon
Aha! Labs
United States
51 – 200
2013
Not provided by vendor
Yes
4.7
220+ Reviews
4.3
160+ Reviews
6. RealtimeBoard – Online whiteboard for real-time team collaboration
About RealtimeBoard : RealtimeBoard brings the benefits of a collaborative whiteboard session to everyone in a global company regardless of their location with a secure and scalable solution. The service is available either in a browser or via desktop, Android or iOS app. It can also be used on tablets and interactive whiteboards. We are building the world’s most popular whiteboarding platform for cross-functional teams collaboration.
RealtimeBoard Product Management Features : Collaboration, Feedback Collection, Idea Management, Prioritization, Product Roadmapping, Requirements Management, Resource Management, Workflow Management
“At SapientNitro Australia, we use RealtimeBoard to enable multiple designers to collaborate on the same ideas at the same time and to take input and then feedback from a broader cross-functional team that spans the organization.” – Andrew Wight
RealtimeBoard
United States
51 – 200
2011
Not provided by vendor
Yes
4.8
160+ Reviews
4.7
80+ Reviews
7. productboard– All-in-one product management platform & roadmap tool
About productboard : productboard is the leading product excellence system, helping product teams get the right products to market faster. Over 1,500 modern, customer-driven companies – like Zendesk, UiPath, Avast, and Envoy – use productboard to understand what users need, prioritize what to build next, and rally everyone around their roadmap.
productboard Product Management Features : Collaboration, Feedback Collection, Idea Management, Milestone Tracking, Prioritization, Product Roadmapping, Release Management, Requirements Management, Resource Management, Workflow Management
“Enabling a structured capture of large amounts of customer data, as well as the prioritization of features. ProductBoard saves us 10s if not 100s of hours every month. I can see everything at once, and then pivot or filter the data depending on the problem I’m investigating. Simple onboarding, yet powerful tool” – James B.
productboard
United States
11 – 50
2014
$49.00/month/user
Yes
4.8
100+ Reviews
4.3
30+ Reviews
8. Zoho Sprints – Agile project planning & tracking for software development teams
About Zoho Sprints : Zoho Sprints is a cloud-based collaborative project planning and tracking solution for agile teams, which offers drag-and-drop planning tools, Scrum boards, timers and timesheets, meeting scheduling, dashboards, reports, and a team activity feed. The software is designed to be used by teams of all sizes managing multiple projects, and offers native apps for iOS and Android.
Zoho Sprints Product Management Features : Collaboration, Idea Management, Milestone Tracking, Prioritization, Resource Management
“I like that Zoho has many tools to implement, to streamline and give a delivery time in projects. It is a program that I use daily to see the progress of my tasks and others and always have control over them. Zoho Sprints makes any project an easy thing to do.” – Anibal R.
Zoho Corporation
United States
5001 – 10000
1996
$12.00/month
Yes
4.5
50+ Reviews
4.4
40+ Reviews
9. ProProfs Project – Easy to use online project management tool you’ll love
About ProProfs Project: ProProfs Project, a cloud-based project planning and tracking solution, offers a gamut of features like an intuitive dashboard, timers, report generation, etc. It gives immersive user experience, and that’s why this application has millions of users across countries. This tool offers native apps for iOS and Android.
ProProfs Project Features : Collaboration, Milestone Tracking, Prioritization, Resource Management
“Simplicity is what I like most about ProProfs Project. It has amazing features like Gantt charts, Powerful reporting, File sharing, Email notifications, etc. I also love its mobile apps for offering ease of accessibility.” – Steven L.
ProProfs
United States
51 – 200
2009
Free
Yes
4.7
60+ Reviews
4.4
10+ Reviews
10. Receptive – Insights into feature demand for SaaS product teams
About Receptive : We are the leaders in Product Demand Intelligence enabling companies to make data-driven product decisions by translating demand from customers, internal teams and the market into actionable insights. Your customers can use our feedback portal (which integrates directly with your app) to submit requests and ideas of their own, as well as browse other customers’ ideas. They can then use our innovative slider system to prioritize the different requests, allowing you to see what is truly important to your users.
Receptive Product Management Features : Collaboration, Feedback Collection, Idea Management, Milestone Tracking, Prioritization, Product Roadmapping, Release Management, Requirements Management, Workflow Management
“Socrata is proud to use Receptive.io for collecting, triaging, and managing internal feature requests – the tool has simplified life for Socrata’s Product team, and has shown the rest of the company that the Product team takes their feedback seriously.”- Christian Hoogerheyde
Receptive
United Kingdom
51 – 200
2014
Not provided by vendor
Yes
4.8
10+ Reviews
4.3
05 Reviews
11. Forecast – Resource scheduling & project management for agencies
About Forecast : Forecast is an AI powered resource & project management platform for companies that care about delivering projects on time, on scope, and on budget. Forecast helps you see into the future, enabling you to make the tough decisions before they become serious and costly problems. We believe software should be smarter and more connected by providing one-click real-time insights into project data.
Forecast Product Management Features : Collaboration, Feedback Collection, Idea Management, Milestone Tracking, Prioritization, Product Roadmapping, Requirements Management, Resource Management, Workflow Management
“I trialed around 7/8 different project management software’s : The main problem was I needed both project management and resource management tool – which proved to be really hard to find. Although, finding Forecast dealt with all my needs – Projects are running smoother, and we can control the budgets better.” -Gordon
Forecast
Denmark
11 – 50
2016
$19.00/month/user
Yes
4.5
40+ Reviews
4.5
20+ Reviews
12. Conceptboard – Online Whiteboards for Agile Project Management
About Conceptboard : Conceptboard supports you in a wide range of use cases: from interactive presentations to product development to meetings or internal trainings. Work with teams, clients, and external partners across the globe. Get projects done with remote teams or in the same room, work in real-time or asynchronous. Conceptboard integrates seamlessly into existing workflows and speeds up your collaboration.
Conceptboard Product Management Features : Collaboration, Feedback Collection, Idea Management, Milestone Tracking, Prioritization, Product Roadmapping, Workflow Management
“We work with people around the world and organize projects together, like this we can easily share the notes and progresses of the projcet with everyone involved. Its saves time and is very efficient. Time saver!” – Pia D.
Conceptboard
Germany
51 – 200
2010
Not provided by vendor
Yes
5.0
04 Reviews
4.3
10+ Reviews
13. leanGears – Manage your startup smartly!
About leanGears : leanGears is an agile product management tool! leanGears aims to empower startups and product teams with the visibility they need, to make more informed decisions, strategize and create products that customers love! Equipped with both strategic and tactical tools, leanGears aims to be a product manager’s thinking tool throughout the product life cycle. It comes with strategic features like Visual Elevator Pitch, Lean Canvas, Impact Mapping, Experience Mapping and collaboration tools like User Story Mapping, Release Planning and Storyboards.
leanGears Product Management Features : Collaboration, Feedback Collection, Idea Management, Milestone Tracking, Prioritization, Product Roadmapping, Release Management, Requirements Management, Workflow Management
“The software basically helped me in organizing ideas for a video creation app I want to build. When you see the user stories and features in an organized way, it is easier to prioritize your work. The vision creation option and impact mapping options are great for organizing your ideas for creating your product.” – Tharika T.
leanGears
India
02 – 10
2016
$7.00/month/user
Yes
4.0
01 Reviews
0.0
0 Reviews
Product Management Software Buyer’s Guide
Product Management Software is software that encompasses the organizational life cycle function of a product. The organizational life cycle deals with the planning, forecasting, production, and marketing of the product. A Product Management System deals with the product roadmap and monitors the value chain of a product throughout its life cycle.
» What is Product Management Software?
Product management software is an organizational tool used to monitor the development and improve products quickly and efficiently. These software enable product managers and their respective teams to accumulate new ideas and layout specific designs and plans to convert the ideas into a finished product. They also provide the user with increased transparency and insight into product development for other departments like finance, marketing and sales as well.
Product management solutions provide the user with a number of features that help him or her in organizing and implementing product plans. Roadmap features break down the workflow of a product from the formation of an idea to product launch. Continuously tracking and analyzing the team’s progress and enabling features for adjustments to timelines are also features present in product management software. These software also provide tools for resource allocation, product portfolio management, and streamlined workflows, like user testing, sprint planning, and bug tracking.
» What are the features of Product Management Software?
Product management systems vary significantly in size and function. Some software has specializations in only one phase of the product life cycle while others offer an integrated suite of tools to assess multiple phases. Some of the best Product management tools are as follows:
› Collaboration
Increased transparency in product strategy and vision is one of the key features of Product management software. Enabling users to communicate and collaborate in a centralized workspace helps proper strategizing. This helps with the sharing of ideas and the accomplishment of goals.
› Idea and Content Management
Ability to create a forum where users can submit and discuss product ideas and build a business case. This helps in designing of a product based on impact vs effort. Uploading and storing files and sharing them with approved users is also an important feature.
› Product Research, Roadmapping and Portfolio Management
Product Management Software helps with conducting research on users, build personas and test various designs.
Breaking of product requirements and putting them on the roadmap to properly construct a product based on customer analysis and feedback is a crucial feature.
Product Management Tools helps with building a product portfolio based on the business strategy and current, short term and future goals. This also helps with communicating the vision, value proposition, go-to-market plans, etc for a product.
› Application Management
This helps with developing and providing software support and application products over the life cycles. This not only helps with easy access but also makes it possible to make revisions to the roadmap from remote locations.
› Reporting and Analytics
Product Management System helps with organizing and analyzing data, spotting trends and identifying trends. It also helps with the collation of data from various sources and building custom reports.
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» What are the Benefits of Product Management Software?
Product Management Software helps product managers in carrying out their tasks seamlessly and effectively. In general, all of the processes that a product demands in its entire life cycle, are tedious and time-consuming. The best Product Management Software does this in a more streamlined and efficient manner. Some of the benefits of product management tools are listed below:
› Better Collaboration
The Product Management Software facilitates collaboration between the employees and the managers in a very easy and effective manner. There is a centralized system where they can post their ideas and connect via group chats.
› Faster Delivery
The product roadmap tool ensures better delivery of product meetings. Using the product roadmap tool, the process can be made more flexible so that it becomes easier to decide which ideas should be kept and which should be dropped. The ideas that are dropped are still present in the system but are kept hidden. This helps in prioritizing the ideas that are more central to the development of the product. Hence, the user can present a systematic and uncluttered view of the roadmap ensuring easy and complete use of all the available data.
› Storage & Maintenance
Product Management System aims towards efficient sharing. The product data can be stored at a central location and can be given view-only access to trusted members. The viewers of the roadmap can also be monitored.
› Better Coordination
Product Management Software helps in coordinating strategic efforts across various products. Product portfolio can be used to define the vision, scope and success criteria of the particular product.
› Healthy Relations at workplace
Product Management Software also help with maintaining cordial relations with the customers. Trusted customers can monitor and provide feedback on the state of a product at a particular stage of the life cycle. This helps the organization that builds a particular product in reviewing the feedback and making changes if need be.
» What is the Cost of Product Management Software?
Apart from sharing the basic features, each product management software holds one or more special features. The cost of the software depends on these features and the size of the organization as well.
The cost of a product management system ranges from $29 per month to $289 per month on an average basis.
Free registration is available across almost all of the platforms. Once registration is done, the user can go ahead and select the plan that perfectly fits his or her business. However, the platforms offer various pricings based on the number of users that are going to access or are registered to the particular platform.
» Conclusion
The organizations that partake in the production business, irrespective of their size, ought to have product management solutions in order to successfully establish and launch their products. This is what product management software caters to helping product managers to ensure that their ideas and teams are on the same page and the resources are being utilized to the maximum potential at all times.
Related Software Categories
» Workflow Management Software – Workflow Management Software helps in coordinating interactions between employees and ensures that the flow of process and tasks are kept in sync. You can use this software set up and monitor a defined set of tasks along with maintaining its sequence.
» Top Rated PLM Software – Companies involved in physical production have to look beyond and consider the overall customer experiences as well. Product lifestyle management is the key principle that not only provides companies the right infrastructure but also means to improve product quality for utmost consumer satisfaction.
» Project Portfolio Management Software – One might not know what the project portfolio management software is. Some of you might not even have heard about it. But the chances are that your company needs this in a big way.
» Project Management Software – Companies that engage with various projects at any given time require a primary application that manages them. Project management software aids to these requirements and plays a vital role throughout the process.
» Business Management Software – The Business Management Software is a set of unique programs or an application, which is responsible for supporting business, and it also aids in automating and improving all the processes. The software helps in eliminating all the unwanted errors, completing the important business tasks, and reports activities.