Idea Management Software

Discover the Best Idea Management Software to Transform Your Business  

The journey of any successful product, solution, or application commences with an idea. Generally, businesses generate ideas, evaluate them, prioritize the best, and implement them for future business prospects. But, the process has its set of challenges. Implementing idea management tools can ease this process, allowing companies to manage and implement the ideas systematically.  

What is Idea Management Software?

Idea Management Software, also known as Innovation Management Software, is a next-generation application that enables employees to collect, develop, evaluate, and incorporate an idea before unleashing a new product. The tool gathers all views and ideas from the concerned persons, storing them in a centralized database. 

The idea management solution further provides companies to explore new products, markets, create prototypes, and take valuable feedback from the end-users to enhance their experience. It initiates innovation, strong collaboration and encourages transparency within the organization. 

Which Popular Software Tools Can Integrate With an Idea Management System?

One of the major USPs of the idea management system is that it can easily align or integrate with other tools to enhance the process. The other software applications that can synchronize with idea management solutions include knowledge management software, mind mapping software, project management software, innovation software, collaboration software, strategic planning software, and more. 

How to Select the Best Idea Management Software?

A simple way is to refer to the GoodFirms’ list of the best idea management software with accurate information on features, price, deployment model, and available support from the vendor. You can even read authentic customer reviews to know more about the product.

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List of The Idea Management Tools

  • Medallia Crowdicity

    Discover and action ideas anytime, anywhere, from everyone.
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    Ideas evolve and gain support through discussion and collaboration. Refining ideas, voting on the comments of others, and tagging additional contributors for their input leads to the validation and strengthening of ideas, making their implementation more likely to succeed. Sort and filter challenges, ideas and people making it easy to find, track and group metadata. Create your own configuration o ... read more about Medallia Crowdicity

    Entry Level Price
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    Free Trial
    N/A
    Category Focus
    100% in Idea Management Software
  • Skipsolabs

    Easily configure the innovation and ideation workflow.
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    A complete solution to help you and your team bring the best ideas to life with a simple and intuitive idea management software. Manage and monitor your ideas and innovation portfolios, whether they are employee ideas, external startups or research projects. Engage your employees or external communities to help drive innovation in your organization. As ideas flow in, manage a pipeline of live oppo ... read more about Skipsolabs

    Entry Level Price
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    Free Trial
    N/A
    Category Focus
    50% in Idea Management Software
  • CrowdWorx

    Increased quality of ideas, faster decisions, greater benefits with CrowdWorx.
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    The CrowdWorx IDM software takes your IDM to a new level. With comprehensive functions, mobile tools and smart automation, we increase the quality of ideas, net benefits and employee motivation. End-to-end automation of the IDM process reduces the workload. Flexible workflows that adapt to every type of idea reduce throughput times and increase employee motivation. Enter ideas from anywhere with m ... read more about CrowdWorx

    Entry Level Price
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    Free Trial
    N/A
    Category Focus
    100% in Idea Management Software
  • Sideways6

    Bring your employee ideas to life.
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    The idea and innovation management platform for companies that use Microsoft Teams, Yammer and Workplace from Facebook. Capture ideas from existing communities on Microsoft Teams, Yammer, Workplace from Facebook, and more. Manage ideas at scale, find the best ideas fast, and reveal their value to the business. ... read more about Sideways6

    Entry Level Price
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    Free Trial
    N/A
    Category Focus
    100% in Idea Management Software
  • Co:tunity

    A proven platform that helps you turn ideas into innovations
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    The Innofunnel four-phase structure guides users through the innovation process and pushes promising ideas towards realization. Our proven model is available out of the box, but can also easily be adjusted to your organization's preferences or existing processes. All users can submit and share ideas — openly or for administrators only. A custom image bank makes it easy to visualize ideas, while ... read more about Co:tunity

    Entry Level Price
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    Free Trial
    N/A
    Category Focus
    50% in Idea Management Software
  • OrganisedFeedback

    Organised Feedback teaches your people how to powerfully describe and explain their ideas.
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    Ideas become Solutions that satisfy identified UNMET NEEDS. Where root causes and outcomes are discussed. Everyone's contribution is clear and consistent. Ones that start the improvement journey and are open for others to embrace and improve! Multiple administrators can easily manage contributions. It’s easy to assign statuses, publish official comments, record ROI and Invite colleagues and expe ... read more about OrganisedFeedback

    Entry Level Price
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    Free Trial
    N/A
    Category Focus
    50% in Idea Management Software
  • Codigital

    The most powerful and engaging way for large groups to generate, prioritize and refine ideas.
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    The most powerful and engaging way for large groups to generate, prioritize and refine ideas. Integrates with Intranets and Consumer Panels. Your whole organisation can participate in a Codigital powered brainstorming session. Using Codigital is inherently social and is a great way to engage a whole audience at a conference or other large meeting. Showing real-time progress using an on-stage scree ... read more about Codigital

    Entry Level Price
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    Free Trial
    N/A
    Category Focus
    50% in Idea Management Software
  • Your Idea Counts!

    Streamline capturing, refining and implementing business idea.
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    Your Idea Counts!, a WordPress plugin, offers a way for you to easily engage with your customers, increase their loyalty, and improve your overall business profitability. Ideation can lead to increased profitability, better relationships, greater innovation and increased brand loyalty. Learn more about ideation, the benefits of idea exchanges, Your Idea Counts! and how it can help you. ... read more about Your Idea Counts!

    Entry Level Price
    $49 Per Year
    Free Trial
    N/A
    Category Focus
    100% in Idea Management Software
  • IdeaSpies

    Sharing Ideas that Do Good
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    IdeaSpies Enterprise is an easy to learn and use idea sharing platform that offers a simple, effective, fun way to encourage and rate ideas within organisations. It's easy to learn and use because it's been tested and refined via the public IdeaSpies. With so much misinformation available, it’s getting harder to sift through the rubble of daily content. But the right ideas and stories have the ... read more about IdeaSpies

    Entry Level Price
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    Free Trial
    Available
    Category Focus
    100% in Idea Management Software
  • Wellspring

    Software to execute on innovation.
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    Wellspring provides the largest amount of pre-integrated data from proprietary data sources for clients to use as well as advanced analytics that create deep insights. Gain visibility into all activities in your innovation program, from co-creation to licensing and investments to prototypes. Wellspring’s flexible reports facilitate understanding and guide action across the portfolio. Track all p ... read more about Wellspring

    Entry Level Price
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    Free Trial
    N/A
    Category Focus
    50% in Idea Management Software
  • InPhase

    Better business management, governance and assurance.
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    Automate the process of assuring that what needs to get done, does, and let teams love you for it. InPhase is the all-in-one, self-service enterprise performance management platform. Taking care of your performance management, business intelligence, analytics and dashboarding needs. Better, faster decision making from board to individual. The visual toolkit incredibly delivers to all your end user ... read more about InPhase

    Entry Level Price
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    Free Trial
    N/A
    Category Focus
    10% in Idea Management Software
  • Orbit Idea

    Collaborative idea and innovation management
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    Engage your employees in ideation and innovation projects to unleash your organization’s full potential for innovation. Orbit Idea is a comprehensive idea management software (ideation platform) that allows you to leverage the combined knowledge, expertise, and creativity of your entire organization throughout the innovation process. It combines design thinking, idea challenges, collaborative ... read more about Orbit Idea

    Entry Level Price
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    Free Trial
    15 Days
    Category Focus
    50% in Idea Management Software
  • Forest Software

    Help your business unit drive strategic change across the organization
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    With Forest, you can rally employees around important topics and themes, crowdsource and develop new ideas through focused campaigns, communicate key strategies, and build momentum by streamlining decision making. Whether your team is working out of one office or virtually across multiple time zones, Forest removes the friction that can make these processes cumbersome, getting you to better out ... read more about Forest Software

    Entry Level Price
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    Free Trial
    N/A
    Category Focus
    100% in Idea Management Software
  • Userwell

    We help you build a product that your customers use and love.
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    Userwell helps you collect and manage your user's feedback. Gather insights about what your customers want, engage with them, and create a product that they love. Manage your feedback efficiently. Analyze and prioritize insights with the help of various resourceful features, like MRR insights or the Impact/Effort matrix. The roadmap keeps your customers in the loop. Convert your feedback into acti ... read more about Userwell

    Entry Level Price
    $79 Per Month
    Free Trial
    14 Days
    Category Focus
    25% in Idea Management Software
  • Grrrow

    Plan better, grow furiously.
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    Grrrow is a collaborative project planning software for startups, accelerators and all-sized teams. Develop the idea, validate, prototype, and defines the strategies in a collaborative and organized manner all-in-one place. Don't let your idea be left aside It is not enough to have a good idea to carry out / develop a new product or business. 3 out of 4 entrepreneurs fail because of not implement ... read more about Grrrow

    Entry Level Price
    $0 Per Year
    Free Trial
    N/A
    Category Focus
    33% in Idea Management Software
  • Acclaim Ideas

    Helping innovation and product managers with discovery, idea management and concept development
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    Acclaim Ideas accelerates outcomes for innovation leaders and product managers who are focused on the front end of the innovation process. Simply collecting ideas at the start of the innovation life cycle is not good enough. Success requires selecting and bringing forward the best ideas and concepts to drive through the rest of the innovation and product life cycle. Acclaim Ideas users find, align ... read more about Acclaim Ideas

    Entry Level Price
    Contact vendor
    Free Trial
    30 Days
    Category Focus
    100% in Idea Management Software

Frequently Asked Questions

How Does Idea Management Software Help to Collaborate and Share Ideas?

Top idea management software helps companies to share their ideas effortlessly using the best practices. Even employees or professionals working from remote locations can collaborate adeptly and cost-effectively to share their thought processes. 

An organization captures an idea in detail, regardless of the source of its origination. The idea then gets tested and developed based on the fundamental requirements to resolve the issue. The idea management tool helps to systemize and manage ideas.

Is There a Difference between Idea Management and Innovation Management Software?

Innovation management and idea management may appear similar to one another, but broadly speaking, there is a difference between these two terms. Innovation management means unveiling new concepts and things or merely creating a new product that benefits the business. 

On the other hand, idea management deals with collaborating, gathering, and developing ideas relevant to the product. This also involves taking feedback from the end-users and incorporating the same while launching the product. 

Who Can Implement and Use an Idea Management Software?

The best idea management software can be implemented and used by all business enterprises, regardless of size. Businesses thrive on creative ideas. Hence, both employees, clients, and customers are free to make recommendations or suggestions regarding improving the product quality.

How Does the Software Help to Manage the Innovative Ideas?

Most top-rated idea management software provides users with an intuitive dashboard where they can view the status of their idea implementation.There is also an activity index platform, which indicates figures related to the participation in generating new ideas. 

You can check the new comments, posts, and see how many ideas have been formulated on a given topic. You can monitor the contribution of each employee in suggesting original ideas.

What are the Different Approaches to Evaluating an Idea?

Idea evaluation  is an integral component of the idea management process. To be precise, you need to adopt a different set of approaches to evaluate different ideas. Well, it is a good practice to bring as many people on board as possible to evaluate an idea as it provides you with more data and information, increasing the ratio of success.

A single person can also do an evaluation but there are more chances of getting a biased opinion.  

Also, there is a popular method known as crowdsourced approach. This method becomes handy if you have to check the feasibility or usefulness of ideas especially associated with customer-centric issues. 

You can look to implement the idea management tool to gather data with ease, keep everyone organized in the loop, and improve communication, etc. The tool helps to evaluate your ideas faster and more accurately.

What Factors are Crucial Before Buying an Idea Management Software Tool?

There are a few pivotal factors that have to be considered before investing in an idea management system. 

First, it is highly recommended to define and set your goals, based on which you will be deriving ideas. Second, check out all the features and functionalities thoroughly related to your organizational needs. The cost is a critical deciding factor and hence explore the pricing model. Find if the vendor offers  a free download or a free trial period. 

Consider the type of technical support available to resolve any issue.Go through the reviews properly to know how the idea management software has helped other businesses and customers.

What is the Cost of a Top Idea Management Software Application?

While exploring the price list of idea management software tools, you will come across an extensive range of options. But you can make a selection based on your budget estimate. For instance, startups and small enterprises can look to choose free and open-source idea management software such as Bitrix24, Miro, Viima, iMindQ, Innovation Cloud, etc. 

There are different options to fulfill your business needs if you are searching for pocket-friendly idea management systems. DirectSuggest that comes at half a dollar with 30 days of a free trial is an excellent option. The other budget category tools include  Ideaflip starting at $9 per month, whereas ProWorkflow and Confluence each start at $10 per month.

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