Best Product Management Software

Best product management tools are Aha!, Project insight, Targetprocess, Wrike, and Confluence. These product management platform directs every step of a product's lifecycle from development to positioning and cost by concentrating on the product and its customers.

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List of 20 Best Product Management Tools

Showing 1 - 20 of 49 products

Category Champions | 2023

#1

monday.com Work OS is the no-code project management platform that lets you easily plan, manage, and track projects, collaborate in real-time, and use automations and integrations to streamline workflows and save time. Read monday.com Reviews

Starting Price: Available on Request

Mobile App
API
Free Trial

Recent Review

"I love this software for planning marketing departments" - Laura Fernandez

#2

ProProfs Project is an online project management tool, perfect for executing plans, scheduling and assigning tasks. It allows project managers with a solution to manage resources, allocate tasks and coordinate among different teams. It also provides an online platform where multiple teams can collaborate in real time to execute projects. Read ProProfs Project Reviews

Starting Price: Starting Price: $19 Per Month

Mobile App
Free Trial

Recent Review

"The tool keeps me organized!" - sanem lan

Most Reviewed
#3

Delta Sales App is a Field Sales Automation & Employee Tracking App designed for distributors, manufacturers, wholesalers and companies who have field employees. With features like order reporting, customer management, employee tracking, attendance, beat planning and many more, it helps companies in increasing customer engagements, enhancing efficiency of field force, and reducing administrative tasks, which thereby boosts sales. Read DeltaSalesApp Reviews

Starting Price: Available on Request

Mobile App
Free Trial

Recent Review

"This Sales App helped me in sales increment " - Jagrit Pariyar

Category Champions | 2023

#4

WEEEK is an online project management tool, perfect for executing plans, scheduling and assigning tasks. It allows project managers with a solution to manage resources, allocate tasks and coordinate among different teams. Read WEEEK Reviews

Starting Price: Available on Request

API

Recent Review

"I love the weeek planner" - Jennifer U

Category Champions | 2023

#5

DataNote is the most comprehensive enterprise solution designed to deliver the expected results without sharing confidential data or logic with the vendor. DataNote is the only business solution developed with the OpenLogic Framework technology. Read DataNote Reviews

Starting Price: Available on Request

Mobile App
API

Recent Review

"Good software for manufacturing and inventory management" - Karan Chadha

Category Champions | 2023

#6

Zoho's task management software is the best way to keep track of everything right from simple tasks to complex projects - all in one place. Read Zoho Projects Reviews

Starting Price: Starting Price: $4 Month/User (upto 50 users) if billed annually, plus tax as applicable

Mobile App
API
Free Trial

Recent Review

"Great CRM system " - Niclas Rossouw

Category Champions | 2023

#7

Wrike is an online project management software that gives you complete visibility and control across your tasks. Online project management software to establish an advantage and align your team to work quick and active across your organization. Read Wrike Reviews

Starting Price: Available on Request

Mobile App
API
Free Trial

Recent Review

"I think Wrike could use an overhaul in terms of overall usage factors." - Lelodivova

Category Champions | 2023

#8

Best cloud-based tailoring software which helps you optimize order management, improve on-time deliveries, boost employee morale, improve customer experience. Ultimately helps you scale & expand faster than ever before. Read Darziware - Cloud Based Tailoring Reviews

Starting Price: Available on Request

Mobile App
API
Free Trial

Recent Review

"Great Software for keeping Measurement of a Customer" - Anita Pande

Category Champions | 2023

#9

It is a cloud-based Online Workfront Project Managenet Software that is perfect for IT, helps marketing, creative and enterprise teams. There is easily everyone from team communication with real time collaboration to project tracking and reporting. Read Workfront Reviews

Starting Price: Starting Price: $30 Per Month

Mobile App
API
Free Trial

Recent Review

"Great project management platform" - Nancy

Category Champions | 2023

#10

Confluence is a content and project collaboration software. It allows teams to create documents, provide feedback and have a central place to keep their work organized and accessible. Read Confluence Reviews

Starting Price: Starting Price: $10 Per Month

Mobile App
Free Trial

Recent Review

"Nice project documentation software" - Yachee Gupta

Emergents | 2023

#11

Vin MDM is an intelligent, flexible and scalable solution that easily synchronizes content across multiple channels and geographies for a true omnichannel experience. Vin MDM provides a central data hub to keep your data clean and consistent across the organization. Read Vin MDM Reviews

Starting Price: Available on Request

Mobile App
API

Recent Review

"A good software to manage product info" - Shiv Dubey

#12

Chisel is a fully featured Product Management software designed to serve SMEs, Startup, Agencies, Enterprises. Chisel provides end-to-end solutions designed for Web App. This Product Management software offers Requirements Management, Dashboard, Release Management, Workflow Management at one place. Read Chisel Reviews

Starting Price: Available on Request

Mobile App
API
Free Trial

Recent Review

"Excellent product" - praj

Category Champions | 2023

#13

Best used for tracking progress of feature requests, bug reports and general customer feedback. Customers can leave feedback on your hellonext page and you can keep them updated on your progress! Read hellonext Reviews

Starting Price: Starting Price: $25 Per Domain

Mobile App
API
Free Trial

Recent Review

"Clean & Neat software for collecting and managing your customer feedbacks" - Varun Raj

#14

CRMsoftwares.com is a fully featured Lead Management Software designed to serve SMEs, Agencies. CRMsoftwares.com provides end-to-end solutions designed for Web App. This online Lead Management system offers Lead Capture, Activity Tracking, Source Tracking, Lead Distribution, Pipeline Management at one place. Read CaseCamp Reviews

Starting Price: Starting Price: $25 Per Month

Mobile App
API
Free Trial

Recent Review

"My review" - Biplab Biswas

Emergents | 2023

#15

Aha! is the world's best product lifecycle management software. The PLM is a very easily to drag & drop and quickly drill to add more updating status and information. Aha! Software is a benefit of PLM focus around time, cost and quality product, these include such as fastest time-to-market, better product quality, improved design review, etc. Read Aha! Reviews

Starting Price: Starting Price: $59 User/Month

Mobile App
API
Free Trial
#16

TouchBase offers project mgt solutions to Professional Services, Pharma, EPC, Engineering, etc. It supports business cases, proposals, NPD, schedule, resources, costs, procurement, risks, etc. It integrates with ERPs, CRMs, Accounting. Read ProductDossier PSA Reviews

Starting Price: Available on Request

Mobile App

Recent Review

"Excellent Project Management Software" - Anupam Khandre

Contenders | 2023

#17

This software allows you to manage your teams projects of all types and sizes, this software will also allow monitoring teammates progress of work, which will help to never loose a focus on the own work as well as deadline of the project, it has also built in storage where you can also store safely project related information which is accessible to all the team members all the time, the software  will also monitor the productivity of own as well as the productivity of team members. Which will help in user-friendly, painless instant communication, and also rolls out to be the integration with renowned cloud storage platforms, the software also possesses unique add-ons to automate the workflow and saves time. Read MeisterTask Reviews

Starting Price: Available on Request

Mobile App
API
Free Trial

Recent Review

"Works well and beyond my expectations for my business." - BK Sinha

Contenders | 2023

#18

Our Restro Sathi is designed with capabilities and features to help operate and manage your restaurant. Restro Sathi has many features and functions that will make your business more efficient and ultimately more profitable. Read Restro Sathi Reviews

Starting Price: Starting Price: $69.44 Per Year

Recent Review

"User Friendly Software" - Nilesh Borse

Contenders | 2023

#19

Easily manage all employee using application. auto salary generation no need to carry price list also display customer outstanding directly approve order using app claim request approval using app. Read Pocket Buzz Reviews

Starting Price: Available on Request

Mobile App
API
Free Trial

Recent Review

"Best Business Automation Software" - National Paper

Contenders | 2023

#20

Promote culture of collaboration in your organization, make an accurate forecast with DreamSoft iERP. Whole combine solution for the manufacturing, distributor and trading business. Future-ready solution for your decision makers. Read DreamSoft iERP Reviews

Starting Price: Starting Price: $10 One Time

Mobile App
Free Trial

Recent Review

"Best Manufacturing ERP" - Sagar Thakkar

Until 31st Mar 2023

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Role of Product Managers

A product manager is responsible for formulating strategies, creating a product roadmap, and creating feature definitions of the product. He is also responsible for developing products for an organization and mobilizing various activities associated with the delivery of the product. A product manager understands and defines the needs of consumers.

He even comprehends the objectives of the business and translates them into innovative products. Every firm needs a product manager to leverage his product expertise and make strategic product decisions that aim to create successful products. The role combines innovation and creativity to develop a concept into a product.

What is Product Management Tools?

The ability to manage the products effectively is the most important task within any organization. There are so many tedious and time-consuming tasks, from developing to selling of the products in the cycle of product development, which is to be completed on a daily basis in the firm. Product management software comes as a boon in handling these tasks. It is a robust tool that helps simplify all these tasks by automating most tasks and reducing the hassles.

It allows product managers to focus on other vital aspects of product development. Earlier, product managers had limited tools to help them complete their tasks. With product management tools, managers can eliminate other time-consuming tools and elevate their productivity. 

Features of Product Management Tools 

Product management is a process that includes business, technology, and user experience. Best product management software should have all the features that cover all the aspects of product development, making them seamless and less time-consuming. These features include:

1. Facilitating in creation of a high-level product roadmap

A product roadmap is a visual summary mapping the vision & direction of your product and the steps that you’d take to create the final product. A product map basically communicates why you are building a certain product and what exactly the product is. It provides a guiding document for implementing the strategy that is opted.

2. Idea Management

With tons of ideas around you, the system should help you to find the best ideas that are most suitable for your business. It should allow your team members to submit their ideas in the software, and you can review them and put them on the workflow. You can translate these ideas into functional specs, user stories, and personas.  It’s very useful as it stores everything for you while you develop your ideas into a product, from customer feedback to users sharing their experiences. 

3. Customer feedbacks

Customer feedback is the most important aspect to consider when making product decisions. While building your product idea, you should use the customer feedback you’ve been collecting across your business. The system should help you link the feedback to an idea, making it easy for you and your team leader to refer back to customer comments while you develop the idea further.

4. Product portfolio

Picking the right idea and then implementing it in the right way, along with the right resources and at the right time, should be a very beneficial feature of a product management system. A product portfolio is the collection of all the products and services offered by a company. With the product portfolio, you can have a look at all your products or study a single product roadmap closely.

5. Task management

Better planning of tasks leads to a more productive product. Task management enables you to create a list of all the things you need to do so that you can easily delegate those tasks to suitable team members and easily track the status of these tasks. In order to ensure everything is carried out according to your plan, you can even set deadlines and other particulars.

6. Collaboration

It is the most important feature of product management tools. In order to make a product better, it is very necessary to collaborate with the team in order to come up with a well-designed plan. An effective product management software should be able to support users to upload documents, and images, comment on tasks, share calendars and chat in groups. This eliminates the troubles of any mix-ups, saves time, and helps to keep everything on track.

Product Management Software Vs. Project Management Software

In many organizations, the concept of product management is often confused with project management. However, clearly defining the roles of a product manager and a project manager and understanding their responsibilities results in a high-performance organization. It also facilitates in setting appropriate expectations of goals and results.

The functions of project management and product management often overlap, which causes misconceptions about the results, values, and benefits that these functions bring.

In general, project and product management are two different aspects of a business. A product satisfies the needs of a consumer, while the project is a one-time endeavor aiming towards creating a product or service right from its planning to its completion. 

A product manager sets the product direction, understands the users' needs, and then builds a product that meets those needs. The person needs to have a product sense- when to release a product when to remove a product or a part of it due to any reason. He is also responsible for the profit and loss of a product. Hence, he collaborates with sales, marketing, and customer experience departments to achieve business goals. 

Product management ensures whether a product or a service meets the customers' needs. It includes monitoring and modifying the product and its features, marketing mix elements, distribution channels, communication strategies, and budget.

The project, on the other hand, is a plan with a series of activities with a defined outcome and a starting and ending date. On the accomplishment of the outcome, the project is completed. Project management includes organizing all the activities related to a project and its components. The main aim of project management is to ensure that all the project objectives are achieved. A project manager executes the strategies and works with a team with diverse skills. He ensures timely project completion while keeping in mind the intended budget.

Both project and product managers have to work with the customers to define the scope. However, they focus on different aspects of the scope. The main focus of project manager lies on “how” work is oriented, while the main focus of a product manager lies on “what” are the functional requirements. A product manager tries to add features whereas the project manager focuses on delivering the project on time and wants to keep the scope as small as possible. Then, both try to balance these two components and that’s how they work together. 

It’s true that both project and product management have some common responsibilities, but both of them perform unique functions. When they collaborate together, they ensure higher productivity of the organization.

Product Road Map: The Real And The Ideal

A product roadmap is a tool that outlines how the product will be made to cater to stakeholders’ needs, how it will grow across different releases, and how the capital to support the product will be acquired. The product roadmap needs to be tailored according to the needs of every organization. In most of cases, the product manager struggles to balance the ideal and the real product map. 

At the most ideal level, your product roadmap shows a map of the entire territory that your product is covering. It contains a picture of what your product will consist of if the resources were unlimited.

However, while creating a product roadmap, you need to understand that the product roadmap should be relevant and achievable. Everything your product does today is the inner line, and what you aim for your product is the outer one. A product manager's task is to ensure that both the inner line and the outer line co-inside. The things that really differentiate between the two are the capabilities like internal development, partnerships or acquisitions added in your product. 

Understanding the ideal and real roadmap helps you bridge the gap between real and ideal. It clearly explains where you are and where you want to go and helps you identify the capabilities or steps you need to take to reach the perfect picture of your product.

Benefits of Product Management Tools

In this era of rapidly changing technology, innovative and robust products are launched in the market every now and then. Product managers also seek the best product management tools to help them carry out their mundane tasks seamlessly and effectively.

Some of the advantages of the product management system are listed below:

  • The Product Management System facilitates easy collaboration between the team members and the managers, as they can post their ideas on the system and even connect via group chats.
  • The product roadmap tool ensures better delivery of product meetings. Using tools to build your roadmap gives you more flexibility, so you can easily decide which ideas you’d like to keep or drop in a particular meeting. The details that you drop would still be there in the system. They’d be hidden from your view menu so that the executives can focus only on those details/ideas that you want them to see. You can also drop all the details or data on your roadmap and keep them hidden as long as needed. Hence, you can present a systematic and uncluttered view of the roadmap and very easily use all your data. 
  • Project Management System aims towards efficient sharing. You can avoid all the trouble that comes with multiple documents around your organization. You can store your product data in a central location and give access to view it only to the members you trust. You can also keep track of who is viewing the roadmap.
  • Product management tools help you in pulling data from various platforms and storing everything from customer feedbacks to user stories in order to translate them into stellar product ideas. It also encourages internal discussions, letting your team help you come up with ideas in your product backlog. 
  • The product roadmap tool makes it easier to create a new roadmap which initially seems overwhelming if wrong tools are used. However, with a dedicated product roadmap software, you can create a new roadmap. You can update it anywhere and anytime without manual reformatting or other tiring and time-consuming design work. 
  • In order to be successful, considering customer feedback is very necessary because, ultimately, they will use your product. Product management software makes it easier for you to create a list of customers whose requests were fulfilled or a feature they wanted was launched. You can then connect with such customers. The system helps you to extract feedback of such customers from various service platforms. 
  • Product management tools help you in coordinating strategic efforts across products. You can use your product portfolio in defining your goals, scope and success criteria for each product. 

Latest Market Trends in Product Management Tools

  • In their quest of exploring innovative ways to make the experience of existing users better, the companies are emphasizing on making project manager software tool modular. They are finding creative and innovative ways to make portions of their product available to the subsets of existing users.
  • More and more companies are using APIs with the best product management software. It helps the customers to integrate the company’s products into other commercial applications thereby making the software more useful in their actual workplace.
  • The companies are adding customer value by automating most of their tasks. It empowers the companies to solve the problems of their customers by scaling up their marketing efforts, saving their time and ensuring that they don’t miss opportunities just because they didn’t perform an action manually.
  • The companies are integrating business intelligence tools and cutting-edge technologies to manage large chunks of data that they’re compiling. This valuable data and information are related to the customers, product performance, and the company’s market in general. These tools also help in finding new ways to turn old data into valuable insights.

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Last Updated: February 27, 2023