Are you a business looking to grow your team? Or maybe you are a solopreneur who wants a way to showcase your projects to potential clients. Whatever your business needs may be, a project portfolio management tool is paramount for creating a space you can show examples of your work to clients.

A portfolio can also collect and consolidate data about your projects to help mitigate and manage risks, budgets, timelines, and more. So, if you are still struggling to find the perfect portfolio management software for your needs, this round-up will help narrow down your choices.

Portfolios are used in many industries

A portfolio is not just a term that is used to showcase projects for creative teams. In the finance industry, portfolios are used to group investments together. For instance, an investor might have a portfolio that includes stocks, bonds, and other securities. In the engineering field, engineers might need a portfolio to showcase both images of past projects or data from specific tools requiring a more unique type of portfolio application.

However, from the data collection side to the creative side – a portfolio management tool can help you effectively curate and track any type of project. A portfolio can be as simple as pictures of your work to show clients, or as complicated as data compiled with charts, graphs or spreadsheets. All you need to have is the right portfolio management platform to get you started.

Benefits of using a portfolio management software

Using a portfolio management platform for both businesses and individuals has many benefits which can include:

Track your progress:

By keeping all your projects in one portfolio location, you can see how you’ve grown and evolved as a creative professional. This is especially helpful when applying for jobs or to gain new clients, as you can show prospective employers or clients your capabilities.

Showcase your best work:

A portfolio helps you curate your best work so that you can put your best foot forward when meeting with clients or employers.

Stay organized and on track:

Having a portfolio also allows you to keep all your project information in one place, making it easy to refer back to old projects and track progress as you grow and change with new projects.

Make informed decisions:

With all your project data in one place, you can also make better-informed decisions about which projects to take on and which ones to pass on.

Types of portfolio management software

Now that we’ve gone over some of the benefits of using a portfolio management platform let’s look at some available portfolio management platforms.

Project portfolio management software:

This portfolio tool is designed for businesses and teams that manage multiple projects simultaneously. It consolidates all your project data into one place so you can quickly see how each project is progressing and how it impacts the rest of your portfolio.

Online portfolio platforms:

These portfolio management platforms are designed for creative professionals, such as designers, photographers, and artists. They allow you to showcase your work online and in the cloud so potential employers or clients can quickly view your portfolio or hone in on specific projects they are looking for.

Asset management software:

This portfolio tool is designed for businesses and teams who need to track and manage their physical assets, such as equipment or property. It helps you track where your assets are, who is using them, and when they need to be returned or serviced.

Portfolio websites:

These are websites that are designed specifically for showcasing your portfolio. They usually have a sleek and professional design so that you can make a good impression on potential employers or clients.

Choose the right portfolio management software

Now that you know some of the different portfolio management platforms available, it’s time to choose the right one for your needs. There are a few things to consider when making your decision when you pick your portfolio management platform:

  • The overall scope of work
  • Budgetary constraints
  • Users and permissions
  • Functionality and features
  • Ease of use
  • Reviews and ratings

When you look at individual portfolio management factors, use the above criteria to help narrow down your choices. Once you have decided which factors are your highest priority you will have an easier time choosing the portfolio management platform that’s right for you.

Our top 6 portfolio management software options

While there are a ton of portfolio management platforms on the market today, here are the six options we recommend you check out. We recommend that you, pick the platform that fits well within your operational process and makes sense for you and your team. Goodluck!

1. Hive

Hive is a project management software platform that can be a great choice to showcase your portfolio of projects. It’s especially well-suited for businesses and teams that manage multiple projects simultaneously. Hive also comes equipt with multiple view options, a host of integrations and automation features that keep all your recurring projects and next steps moving forward.

2. Dribble

Is an online portfolio platform perfect for creative professionals, such as designers, photographers, and artists. It allows its users to showcase their work online using very simple templates and a drag and drop feature, and makes each of your portfolio pieces easy to share, view and adjust.

3. Carbonmade

Carbonmade is an online platform that is perfect for freelancers and businesses as a place to drop creative assets and work. This platform offers thousands of templates that will fit your specific needs, and since everything lives in the cloud, so it’s easy to share your work with anyone who wants to see it or collaborate.

4. Behance

Behance is a portfolio website perfect for creative professionals who want to showcase their work online. It has a minimalist and professional design so that you can make a good impression on potential employers or clients. While Behance isn’t as robust as other options here regarding tracking and resource follow-ups, it shines as a place to house specific projects and assets you want to keep track of.

5. Monday.com

This platform is an asset management software tool that’s an excellent choice for businesses and teams who need to track and manage their physical assets. It provides its users with robust and customizable notifications and automation tools to help keep track of where your assets are, who is using them, and when they need to be returned or serviced.

6. Smartsheet

Smartsheet is less of a platform to show your creative assets and more of a platform to show overall project functionality and data sets. Smartsheet can track a variety of projects, offering the ability to publish reporting dashboards and customizable and editable summary reports. While not the best option for creatives, it is an excellent place for reporting and data functionality.

Each portfolio platform above offers more than just one way to showcase your portfolio. Some are data-focused, while others provide automation and resource management. No matter which portfolio management platform you choose, ensure it’s the right fit for you and your team.

The portfolio management platform you choose should make sense for your and your team’s needs. If you’re unsure which platform to choose, we recommend trying out a few options on this list to see which one works best for you.