Money serves as the engine of a company to be functional and operational. A portfolio is a collection of the company’s valuable assets and investments. These two factors are critical elements of an organization. They need a solution to ensure flawless and fluid management to improve their financial drive. For this reason, you will need strategic portfolio management software. 

Strategic Portfolio Management Software

10+ Best Strategic Portfolio Management Software

1. Monday.Com

monday

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Rating: 4.7/5

Price: Free

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2. Wrike

wrikess

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Rating: 4.6/5

Price: $9.80/month

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3. AchieveIt

achieveit

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Rating: 5/5

Price: Custom

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4. Workfront

workfront

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Rating: 5/5

Price: $30/Month

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mavenlink

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Rating: 5/5

Price: $39/Month

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6. KeyedIn

keyedin

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Rating: 3.5/5

Price: Custom

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7. Ganttic

ganttic

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Rating: 5/5

Price: $229/month

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8. Cora PPM

cora ppm

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Rating: 5/5

Price: Custom

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9. Shibumi

shibumi

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Rating: 4.4/5

Price: Custom

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10. Jibility

jibility

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Rating: 5/5

Price: Free

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11. WorkSavi

worksavi

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Rating: 5/5

Price: Custom

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What is Strategic Portfolio Management Software?

Strategic portfolio management software is a technological tool with multiple advanced features ad functionalities allowing you to check and analyze critical financial factors to help you understand its performance and generate actions plans on how to reach its potential. This advanced instrument presents dashboards and digital charts to enhance your financial analysis and behavior, aiding you with budgeting and forecasting processes. 

Benefits

Undeniably, having software to manage your portfolio is a big relief. Manually strategizing and evaluating your critical portfolio factors consumes too much time and is a lot of work. On the other hand, strategic portfolio management software untangles most complexities you experience. Due to its advanced tools, you can improve financial analysis and arrangement, leading to transparent asset performance.

Features

Features and functionality are critical components to review and examine before purchasing the product you want. These two elements determine the software’s quality. That is why it is essential to examine the software’s capabilities to gain an understanding of the software’s performance. The software’s quality depends on features. Furthermore, the program is expensive, which is one of the reasons you should analyze it. You may read user reviews or sample free trials and versions to test them firsthand. The following features you might need:

  • Bid Management
  • Billing & Invoicing
  • Gantt/Timeline View
  • Activity Dashboard
  • Activity Planning
  • Activity Tracking
  • Activity/News Feed
  • Agile Methodologies
  • Alerts/Notifications
  • Budget Tracking/Job Costing
  • Budgeting/Forecasting
  • Bug Tracking

Top 10 Strategic Portfolio Management Software

1. Workfront

Workfront from Adobe includes budget management, client portal, bug tracking, product road mapping, kanban board, and more helpful features. Adobe has annual revenue of $6.3 billion and 30,253 employees.

2. Monday.Com

Monday.Com includes activity planning, advertising management, forecasting, incident reporting, business process automation, and more advanced features. Monday.com has annual revenue of $248.6 million and 1,242 employees.

3. Wrike

Wrike includes campaign management, idea management, marketing automation, workflow management, and more valuable features. Wrike has annual revenue of $248.6 million and 1,242 employees.

Mavenlink is a sophisticated suite of operational management, resource optimization, business intelligence, integration, and process automation tools. Mavenlink has annual revenue of $80 million and 450 employees.

5. KeyedIn

KeyedIn includes agile methodologies, approval process control, calendar management, status tracking, resource management, and more logical features. KeyedIn Solutions has annual revenue of $14.1 million and 101 employees.

6. Cora PPM

Cora PPM from Cora Systems includes project planning, incident reporting, resource management, client portal, and more advanced features. Cora Systems has annual revenue of $13.5 million and 93 employees.

7. Shibumi

Shibumi includes ad hoc reporting, predictive analytics, strategic planning, key performance indicators, and more valuable features. Shibumi has annual revenue of $5.2 million and 49 employees.

8. Jibility

Jibility includes road mapping, goal setting/tracking, budgeting/forecasting, dashboard, and more contributive features. Jibility has over $5 million in annual revenue and over 25 workers.

9. AchieveIt

AchieveIt includes customizable templates, idea management, milestone tracking, Gantt/timeline view, collaboration tools, and more innovative features. AchieveIt has annual revenue of $4.1 million and 39 employees.

10. Ganttic

Ganttic includes task management, facility scheduling, calendar sync, calendar management, room booking, and more contributive features. Ganttic Resource Planning Software has annual revenue of $580 thousand and four employees.

FAQs

What is a portfolio?

A portfolio serves as a storage of a company’s valuable assets and financial factors. It is a collection of investments, assets, bonds, stocks, commodities, etc. It can also include a wide range of assets, including real estate, designs, private investments, etc. The portfolio is one of the most critical elements a company needs for financial management.

Why do you need strategizing?

We always hear the saying, think before you act. Planning is one of the initial steps you need to take to reach your objectives, and it requires strategizing. Strategizing helps you forecast and brainstorm convenient and efficient steps to accomplish your projects. It assists multiple industries in generating action plans that are effective while saving time and money.

What is financial management?

As the name implies, financial management is the process of managing a company’s revenue and other valuable assets. It is an essential process as it helps the company to understand their financial flow and performance, leading them to have a grip of their overall company performance, including the sales, profits, bonds, expenditures, etc.

Manual processes of portfolio management are not enough to ensure you acquire the complete detail of your financial factors. It can give inaccurate data, leading to a negative chain of results. With strategic portfolio management software, you can automate processes, enhance financial planning, ensure accurate data analytics, etc. This technology partner is what you need to guarantee quality management and reliable decisions.

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