Best 10 Strategic Portfolio Management Software: Overview, Key Features & Pricing

Choosing the right strategic portfolio management software (SPM) is no small task. With the rise of digital transformation, more companies are adopting SPM tools to ensure alignment between strategy and execution, optimize resources, and stay agile.

This guide covers the features, benefits, and pricing models of leading SPM platforms, helping you make an informed decision.

What Is Strategic Portfolio Management Software?

Strategic portfolio management software enables organizations to manage portfolios of projects, programs, and initiatives, ensuring alignment with their overall business strategy. SPM tools bridge the gap between vision and execution, offering features for project tracking, resource planning, scenario modeling, and strategic alignment.

SPM platforms support business leaders in making data-driven decisions, prioritizing investments, and adapting to market shifts.

What Are the Features of Strategic Portfolio Management (SPM) Software?

Standard features across modern SPM tools include:

• Goal-Tracking & OKRs: Connect strategic objectives to measurable outcomes.
• Roadmapping Capabilities: Visualize long-term priorities and milestones.
• Portfolio & Program Management: Organize and oversee multiple initiatives.
• Resource & Capacity Planning: Ensure optimal allocation of staff and funds.
• Scenario Planning & Risk Analysis: Evaluate tradeoffs and forecast outcomes.
• Real-Time Dashboards & Reporting: Gain visibility into portfolio health.
• Integrations & Workflow Automation: Connect with tools like Microsoft Teams, Jira, or Slack to streamline collaboration.

What Are the Benefits of SPM Tools?

Strategy management software helps organizations streamline execution and ensure alignment between strategy and operations.

Adopting SPM software brings multiple benefits:

• Strategic Alignment: Ensures projects align with company vision.
• Improved Resource Planning: Optimize allocation and avoid bottlenecks.
• Increased Agility: Adapt faster to changes with real-time data.
• Transparency & Collaboration: Break silos and enable cross-team alignment.
• Data-Driven Decisions: Use analytics to prioritize high-value initiatives.

How SPM Tools Support Strategic Alignment and Resource Planning

SPM solutions act as a centralized strategy hub. By connecting goals, portfolios, and team activities, they ensure resources flow toward the most impactful initiatives. Executive dashboards give leaders a clear overview of capacity, while scenario planning tools help balance demand with limited resources.

For example, Businessmap provides management and team workspaces that visualize how objectives connect to projects, ensuring strategy execution is always on track.

Aligning strategic goals to execution across multiple organizational levels using Linked workflows in Businessmap

How to Choose Strategic Portfolio Management Software

When selecting an SPM solution, consider:

• Company Size & Complexity: Enterprise vs. mid-market needs.
• Customization: Flexibility to fit existing processes.
• Integration Ecosystem: Compatibility with tools already in use.
• Pricing Model: Annual licenses vs. per-user plans.
• Support & Training: Availability of onboarding, consulting, and community.

→ Start with a free trial or demo to test how well the tool supports your specific workflows and decision-making needs.

What Are the Top Strategic Portfolio Management Software Providers?

Here's a summary of the top SPM software tools, their features, and pricing models:

1. Businessmap (formerly Kanbanize)

Businessmap is an end-to-end strategic portfolio management software (SPM) designed to connect strategy with execution. It combines portfolio Kanban boards, OKR alignment, and workflow automation in a single solution. With Management and Team workspaces, executives can link strategic goals directly to team projects and track outcomes in real-time.

To gain a central view of what's happening across the company, the platform offers Executive Dashboards, where you can identify risks, compare goal progress to work progress, and assess whether your current efforts are yielding the desired results.

Combined with customizable dashboards that visualize various sets of data for project performance, the software provides a single solution for managing all the organization's moving parts.

Monitoring organizational goals and key initiatives using Executive dashboards in Businessmap

Key Features

• Executive Dashboards
• Goal-Setting and Visualization through OKRs (Businessmap Outcomes)
• Project Performance Reporting
• Enterprise-Grade Security
• AI-Powered Work Analysis
• Workflow Automation
• Advanced Analytics Module & Lean/Agile metrics
• Dependency Management
• Integrations with Power BI, Microsoft Teams, Tableau, Google Data Studio, Google Drive, Github, Zapier, etc.

→ Trial: 14-day free trial available
→ Pricing: $9.93/user/month (annually) with NO LIMITATIONS on all features. Less than $7/user for 1000 users; custom enterprise plans available.

"Friendly, Effective and Efficient UX/UI. Excellent features for tracking portfolio and projects (timelines, initiatives, tasks)."
Capterra user review

OKRs from the Trenches:

How Two of The Largest Organizations in the World Save Time & Money with OKRs?

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2. ServiceNow (SPM)

ServiceNow’s SPM solution helps you bridge the gap between strategy and delivery by aligning work with strategic outcomes and continuously building organizational agility. The software supports connecting strategy with investments through planner workspaces that create roadmaps based on the company’s demands, epics, and projects.

This integrated platform allows teams to apply a management approach (such as Agile project management), organize and structure their work, and empower teams to deliver more value. With Project Workspaces, you gain a central view of key initiatives and track dependencies across different teams and workspaces. This feature also ensures that everything is aligned with the strategic goals.

Key Features

• Scenario Planning
• Demand Management Dashboard
• KPIs and Project Performance Analytics
• Resource Allocation Workbench
• Unified Backlogs to manage Agile or Waterfall development

→ Trial: Free developer instance for a hands-on experience.
→ Pricing: Standard & Professional plans. Custom pricing.

3. Planview Portfolios (formerly Planview Enterprise One)

Planview Portfolios (formerly Planview Enterprise One) is built for enterprise-scale SPM. Its primary purpose is to help business leaders drive success in strategy execution and empower business agility while keeping up with market changes. The platform helps reduce the barrier between strategy and delivery by making the right tradeoffs across people and financial resources. As a result, the end-customer value delivery is improved, and processes are optimized to address any changes.

Key Features

• Objectives and Key Results (OKRs)
• Investment Prioritization
• Demand Management
• Scenario Planning
• Process Automation and Workflows
• Dashboard Analytics
• Portfolio Reporting and Visualizations

→ Trial: Contact the vendor for a personalized demo.
→ Pricing: Custom pricing.

4. Triskell Software

Triskell is a PPM and strategic planning software known for its configurable workflows, allowing companies to tailor their processes to their unique business models. It integrates balanced scorecards, OKRs, and scenario analysis for portfolio decisions.

Key Features:

• Visibility at portfolio level
• Balanced scorecards
• Scenario analysis
• OKR management
• Portfolio planning and prioritization

→ Trial: 14-day free trial.
→ Pricing: Custom pricing, based on requirements.

5. Apptio Targetprocess

Apptio Targetprocess specializes in enterprise agile planning and financial resource management. It helps companies align strategic goals with execution across all levels. The platform offers various in-built solutions that support organizations during Agile transformation and help them create value across all business levels. These solutions help teams create an end-to-end visualization and alignment of work, as well as track project progress.

Key Features

• Strategic Planning
• Resource Management
• Portfolio Budgeting
• Program Management
• Portfolio Backlog
• OKRs Dashboards
• Lean Portfolio Management

→ Trial: Free trial available.
→ Pricing: Custom quotes available. Scalable Enterprise-level pricing.

6. Planisware Enterprise

Planisware Enterprise is a cloud, end-to-end solution that combines Strategy and Financial Planning, Project Portfolio Management, and Business Asset Management in a single platform. With powerful features like objectives, target dashboards, roadmaps, and strategic buckets, teams can align and measure the project’s contribution to strategic goals, and visualize activities and events crucial for strategy execution.

Analytics and reporting toolsets enable teams to track their KPIs and provide visual insights, allowing them to forecast the financial benefits and costs of projects.

Key Features

• Strategic Buckets
• Road mapping
• Investment Scenarios and Portfolio Simulations
• Agile at the team level and Agile across the Enterprise with SAFe
• Document Management

→ Trial: Personalized demo available.
→ Pricing: Custom, based on deployment (Enterprise or Orchestra).

7. Smartsheet

Smartsheet is a cloud-based PPM and SPM tool with strong collaboration and integration features. Known for its ease of use, it enables leaders to align resources, prioritize projects, and track performance in real-time.

Key Features

• Strategic Planning
• Demand Intake
• Portfolio Prioritization
• Resource and Capacity Planning
• Project and Work Delivery
• Project and Portfolio Reporting
• Integrations with applications like Slack, Google Workspace, Jira, ServiceNow, and Microsoft 365

→ Trial: 30 days.
→ Pricing: From $9/user/month; Business plan from $32/user/month.

8. UMT360 (now North Highland)

UMT360 provides advanced SPM accelerators for aligning investments with strategy. It focuses on financial management, roadmapping, and portfolio rationalization.

Key Features

• Road mapping and Release Management
• "What If" Scenario Modelling
• Performance Management Tools
• Dynamic Financial Management
• Business and Enterprise Workflow Architecture
• Portfolio Rationalization
• Capacity Management

→ Trial: No information available.
→ Pricing: Custom & tailored.

9. i-nexus 

i-nexus supports strategy execution frameworks such as Hoshin Kanri and Balanced Scorecard, making it ideal for organizations that rely on structured planning models.

Key Features

• X-matrix Planning
• Workflow Management
• KPI Metric Bowling Charts
• Metric Journals
• A3 Root Cause Analysis
• Automated Strategic and Operational Reports
• Hoshin Kanri
• Balanced Scorecard

→ Trial: 4-week free trial available on demand.
→ Pricing: Custom pricing for its Workbench plan.

10. OnePlan

OnePlan is a provider of an AI-enabled Strategic Portfolio and work management platform with strong Microsoft ecosystem integrations (Planner, Project, Azure DevOps). Equipped with multiple tools, the platform supports the SPM approach, enables digital transformation, and adopts scaling Agile practices. It connects strategic roadmaps, OKRs, and resource planning in one interface.

Key Features

• Strategic Roadmaps
• Financial and Resource Plans
• Supporting Agile and Waterfall Practices
• Integrations with Microsoft Planner, Microsoft Project for the web, Microsoft Project Desktop, Azure DevOps, and more.
• Sofia GPT, an AI-powered tool

→ Trial: Free trial available on demand.
→ Pricing: Custom pricing based on the total number of users.

Strategic Portfolio Management Software Comparison