Used by product managers, product management software equips users to define and communicate their product strategy in order to maximize revenue and build a better product. Through methods of organization, product management software allows users to capture and manage their product ideas or vision, establish product requirements and build a roadmap. Product management software helps users organize bugs, work, improvements and tasks to be completed. The software applications have features that allow users to track high-level requirements to establish which tasks should take priority to take your product from inception to release. Product managers can use the software to calculate an estimated timeframe for completion and communicate this with cross-functional teams, breaking down the silos to create a better product by working on the most important features first and ensuring they’re delivered on time.