Product management tools allow managers to carry out business analysis, product design, negotiations, project management, marketing and sales. Of course, product management is important because it successfully integrates business objectives with market demands to fully realize business profits. Certainly, the job requires a lot of responsibility. However, product management tools can make your job a lot easier. To get started, we have provided an overview of the popular product management tools available in the market.
Considering the huge scope of product management, there are a lot of tools that can help with the various needs of product management. Many of these tools are available as a free trial version before purchasing any one of them. By trying out a few product management tools, you will have a good sense of what you and the business requires.
Project Based Product Management Tools
Acteamo is a great project management tool that has an effective overview panel to coordinate projects. By successfully keeping a track on different projects, product managers can streamline work flow and deal with multiple projects at the same time. It also has an effective contact management system that helps in sharing information about clients, team members and executives. In addition to that, Acteamo has a reliable invoicing feature that helps with hassle free invoicing. Acteamo can be helpful for product managers who are involved in product related projects.
Another project focused software, Jama software is a web based program that manages research and development projects. The software provides great product management features that include change management, collaboration team, review centers, traceability and reuse. In fact, the software has notable users like the US department of defense and the Gates Foundation.
Specifically Product Management Tools
Next, ProdPad is one of the most notable product management tools in the market. It is possibly the only product management tool that integrates idea management, roadmapping and customer feedback tools in one place. It also has in built features that manage back logs and organizes product portfolios. For product managers, ProdPad is one product management tool that is surely going to make tasks easier and more efficient.
For product managers on teams, Onedesk is a great collaborative software that effortlessly connects developers and clients to a productive environment for product development. OneDesk is installed with a lot of features to help users come up with better and more reliable products and services. The software is known for gathering valuable feedback and innovative ideas. On top of that, it features social media monitoring for customer trends and top class customer support. With all those advanced features, OneDesk is certainly a capable product management tool.
Last but not least, TrendRadius helps companies build more profitable products by using data from their existing business systems. The software automatically creates business cases using the probable effect on customer addition, retention and satisfaction. By providing product managers with this information, they can gather insights about existing or potential products. Furthermore, TrendRadius acts as the storehouse of all customer information that is useful for product managers.
As we have seen, there are a number of tools for product managers. The different tools help manage the various aspects of product management. While considering product management tools, you should weigh the associated features and respective benefits before purchasing one. By choosing the best tool to fit their needs, product managers can help businesses to grow efficiently and profitably.
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