# Best Capital Program & Portfolio Management Software - 2026 Reviews & Pricing

> Find the best Capital Program & Portfolio Management Software for your organization. Compare top Capital Program & Portfolio Management Software systems with customer reviews, pricing, and free demos.

Source: https://www.softwareadvice.com/construction/program-management-software-comparison/

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Capital Program & Portfolio Management Software

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# Best Capital Program & Portfolio Management Software of 2026

Updated July 23, 2026

On this page

1.  Popular Comparisons
2.  Buyers Guide

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69 results

### Compare Products

Showing 1 - 25 of 69 products

#### Company Size

-   Self-Employed
    
-   2-10
    
-   11-50
    
-   51-200
    
-   201-500
    
-   501-1000
    
-   1000+
    

#### Pricing Options

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-   $$$$$
    
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### Compare Products

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**Recommendations**: Sorts listings by the number of recommendations our advisors have made over the past 30 days. Our advisors assess buyers’ needs for free and only recommend products that meet buyers’ needs. Vendors pay Software Advice for these referrals.  
  
**Reviews**: Sorts listings by the number of user reviews we have published, greatest to least.  
  
**Average Rating**: Sorts listings by overall star rating based on user reviews, highest to lowest.  
  
**Alphabetically (A-Z)**: Sorts listings by product name from A to Z.

### Product: Autodesk Forma

[Autodesk Forma](https://www.softwareadvice.com/construction/autodesk-construction-cloud-profile/)

4.33

[(2208)](https://www.softwareadvice.com/construction/autodesk-construction-cloud-profile/reviews/)

Best for:Small businesses

### Pricing availability

Free trial: Not available

Free version: Not available

Software Advice Summary

Autodesk Forma provides best-in-class solutions to unite office and field teams throughout the entire project lifecycle. Connect workflows and collaborate securely from one single source of truth. Built on a unified platform and common data environment, with construction specific products including Forma Build, Forma Takeoff, and Forma Estimate to empower teams to deliver smarter, faster, and with confidence. Autodesk Construction Cloud is now part of Autodesk Forma. Product names have been updated, though some resources may still reflect previous branding.... [Read more](https://www.softwareadvice.com/construction/autodesk-construction-cloud-profile/)

### What users love

-   Centralized project oversight tools
-   Real-time teamwork and sharing
-   Efficient drawing version control

### To take in mind

-   Cumbersome file upload process
-   Lag and slow responsiveness issues
-   Expensive for smaller teams

### Best rated features:

Milestone Tracking

5.0

Bill of Materials

5.0

Electronic Plans

5.0

Search/Filter

5.0

### Worst rated features:

Compliance Tracking

2.0

Permit Management

2.3

Audit Management

2.5

[See all features](https://www.softwareadvice.com/construction/autodesk-construction-cloud-profile/#key-features)

### Product: Procore

[Procore](https://www.softwareadvice.com/construction/procore-profile/)

4.47

[(2667)](https://www.softwareadvice.com/construction/procore-profile/reviews/)

Best for:Mid-size businesses

### Pricing availability

Free trial: Not available

Free version: Not available

Software Advice Summary

Procore is a cloud-based construction management platform designed to connect field and office teams throughout the project lifecycle. It is used by general contractors, specialty contractors, owners, and public agencies across sectors such as commercial, residential, civil infrastructure, healthcare, education, industrial, and government projects. The platform provides tools for managing construction operations from preconstruction to project closeout. It includes project execution features such as scheduling, document management, quality and safety tracking, and RFI management. Cost management tools support budget tracking, invoice processing, project financial monitoring, and time tracking. Preconstruction functions include bid management, estimating, and prequalification. Resource management tools assist with workforce allocation, equipment utilization, and crew scheduling. Analytics and reporting features consolidate project and portfolio data into a centralized system. Procore AI, powered by the Datagrid agentic AI platform, automates routine tasks and offers predictive insights to support construction decision-making. The platform includes mobile applications for iOS and Android devices, allowing teams to access project information from various locations. It maintains FedRAMP Moderate Authorization for government construction projects.... [Read more](https://www.softwareadvice.com/construction/procore-profile/)

### What users love

-   Centralized project coordination hub
-   Customizable and intuitive interface
-   Responsive and knowledgeable support

### To take in mind

-   Expensive for smaller businesses
-   Cumbersome workflows and rigidity
-   Overwhelming and rigid email system

### Best rated features:

Customer Management

5.0

Search/Filter

5.0

RFP Management

5.0

Customizable Reports

5.0

### Worst rated features:

Audit Trail

1.0

[See all features](https://www.softwareadvice.com/construction/procore-profile/#key-features)

### Product: Smartsheet

[Smartsheet](https://www.softwareadvice.com/project-management/smartsheet-profile/)

4.49

[(3530)](https://www.softwareadvice.com/project-management/smartsheet-profile/reviews/)

Best for:Enterprise businesses

### Pricing availability

Free trial: Available

Free version: Not available

Software Advice Summary

Smartsheet is a work execution platform and collaboration tool with a familiar spreadsheet-like interface that helps teams plan, track, and manage projects in real-time. Smartsheet features include a range of project management tools, such as document and resource management, project reporting, task management, file sharing, and timeline tracking. Smartsheet can help teams standardize a project process, maximize productivity, and improve collaboration with automated workflow options that fit individual work preferences. Within the platform's project management tools, data can be sorted using card, grid, Gantt chart, and calendar view. With a real-time dashboard, teams can track project status, manage resources, and assign tasks to improve overall visibility and work efficiency. Project plan information can be shared with leadership team members and key stakeholders to keep everyone on the same page. Activity log reports and customizable dashboards help ensure that team collaboration is consistent across projects of any size and kind, from software development to marketing plans. With the Smartsheet app, teams can access project information and workflow data while on the go. The mobile app is compatible with iOS and Android devices.... [Read more](https://www.softwareadvice.com/project-management/smartsheet-profile/)

### What users love

-   Centralized project organization tools
-   Intuitive and user-friendly design
-   Real-time teamwork and sharing

### To take in mind

-   Expensive for small teams
-   Access control and mobile issues
-   Complexity and sheet limitations

### Best rated features:

Charting

5.0

Payroll Management

5.0

Third-Party Integration

5.0

Analytics

5.0

[See all features](https://www.softwareadvice.com/project-management/smartsheet-profile/#key-features)

### Pro

$12.00/month

1-10 Members. $9 per member/month when billed annually.

### Business

$24.00/month

3+ Members, unlimited Guests and Viewers. $19 per member/month when billed annually.

### Enterprise

Custom

Pricing available upon request

For 10+ Members

[See full pricing details](https://www.softwareadvice.com/project-management/smartsheet-profile/#pricing-and-plans)

### Product: Buildertrend

[Buildertrend](https://www.softwareadvice.com/construction/buildertrend-profile/)

4.54

[(2486)](https://www.softwareadvice.com/construction/buildertrend-profile/reviews/)

Best for:Customer support

### Pricing availability

Free trial: Not available

Free version: Not available

Software Advice Summary

For contractors who've outgrown spreadsheets, disconnected apps and the daily grind of chasing information across tools that don't talk to each other — Buildertrend is the platform built to run your entire business from one place. Trusted by more than 20,000 contractors and used on more than half of all new home builds in the U.S., Buildertrend is purpose-built for the complexity of residential construction: custom home builders, remodelers, specialty trades and commercial contractors whose work demands real coordination between people, schedules, finances and clients. Everything connected. Nothing left out. The average construction business runs on a patchwork of tools — and pays for it every day in duplicated work, miscommunication and decisions made without the full picture. Buildertrend eliminates that by bringing your entire operation into a single, unified system. Scheduling, job costing, change orders, client communication, subcontractor coordination, document management, financial reporting — it all lives together. When your data is connected, your team stops wasting time reconciling information and starts using it. Projects run tighter. Margins get protected. Clients stay informed without constant hand-holding. The depth your business actually needs. Buildertrend isn't a lightweight tool dressed up with a feature list. It's a platform built to match the operational demands of a growing construction business — one that handles the full lifecycle of a project, from first lead to final invoice, without requiring you to stitch together outside solutions to fill the gaps. Job costing tracks every dollar in real time so profitability is never a surprise. Estimates and proposals reflect how your work is actually priced. Change orders move from request to signed approval inside the same system your team is already using. Selections keep clients engaged and decisions documented. And every photo, file, and conversation lives in one place — accessible from the field or the office, on any device. A client experience that reflects the quality of your work. The way you communicate with clients during a build says as much about your business as the finished product. Buildertrend gives every client a dedicated portal — a professional, real-time window into their project that keeps them informed, reduces inbound calls and builds the kind of trust that turns a completed job into a referral. Automated updates, selection approvals, change order sign-offs and direct messaging all happen inside the platform. Your clients feel taken care of. Your team stays focused. AI that removes the busywork — without getting in the way. Buildertrend's AI capabilities are built into the workflow, not layered on top of it. Because your project data, financials and communications all live in one system, automation is actually useful — not a novelty. AI Client Updates draft professional homeowner communications automatically. Smart Bill Capture reads and codes incoming invoices, cutting manual data entry out of your AP process entirely. The result is a team that spends less time on administrative work and more time on the decisions that move projects forward. Backed by a community. Built for the long term. Buildertrend customers don't just get software — they get access to a professional network of peers, industry best practices and ongoing learning resources. From the Buildertrend Community to exclusive virtual and in-person events, the platform is surrounded by an ecosystem designed to help contractors grow their skills alongside their business. This is the platform builders move to when they're ready to operate at a higher level — where the systems match the ambition, the data drives the decisions and every part of the business works together instead of around each other.... [Read more](https://www.softwareadvice.com/construction/buildertrend-profile/)

### What users love

-   Responsive and knowledgeable assistance
-   Centralized client communication tools
-   All-in-one project organization

### To take in mind

-   Expensive for smaller businesses
-   Exporting and file handling limitations
-   Accounting integration and tax issues

### Best rated features:

Commercial

5.0

Project Accounting

5.0

Payroll Management

5.0

Multi-Channel Communication

5.0

[See all features](https://www.softwareadvice.com/construction/buildertrend-profile/#key-features)

### Product: CMiC

[CMiC](https://www.softwareadvice.com/construction/enteprise-pro-profile/)

4.17

[(163)](https://www.softwareadvice.com/construction/enteprise-pro-profile/reviews/)

### Pricing availability

Free trial: Not available

Free version: Not available

Software Advice Summary

CMiC is the leading provider of an AI-powered, fully integrated construction ERP platform purpose-built for general contractors, specialty contractors, and civil/heavy-highway firms. Built on a Single Database Platform™, CMiC delivers a unified suite of Financials, Project Management, and Project Controls applications designed to manage the full complexity of construction operations. Core financial applications include Accounting, HR and Payroll, Opportunity Management (CRM), Resource Planning, and Inventory and Equipment Management. On the project management side, CMiC covers Bidding and Procurement, Drawing Management, and Project Management. Trusted by 1 in 5 General Contractors on Engineering News Record's Top 400, CMiC is an award-winning platform that enterprise construction firms rely on globally to drive financial control, operational efficiency, and project predictability. With a 25% market share among North America's top 400 contractors and a growing international footprint, some of the largest construction firms in the US have chosen CMiC as their long-term strategic ERP partner. CMiC's turnkey model means implementation, support, development, and customer success are all managed in-house, giving firms a single, accountable partner from initial deployment through long-term growth. With no middleware dependencies and over 50 integration partners, CMiC connects seamlessly with the tools and systems construction firms already rely on. CMiC's industry leadership has been consistently recognized by leading organizations. Deloitte has named CMiC a Best Managed Company for over seven years, a distinction it now holds at Platinum status. CMiC has also earned Construction Executive's Top Tech Award, BuildWorld's Preconstruction Tech Top 50, and Featured Customer's Market Leader Award.... [Read more](https://www.softwareadvice.com/construction/enteprise-pro-profile/)

### Best rated features:

Offline Access

5.0

Cost-to-Completion Tracking

5.0

Budget Tracking

5.0

Inventory Management

5.0

### Worst rated features:

Collaboration Tools

2.0

Scheduling

2.8

Task Management

3.0

Financial Management

3.0

[See all features](https://www.softwareadvice.com/construction/enteprise-pro-profile/#key-features)

### Product: Wrike

[Wrike](https://www.softwareadvice.com/project-management/wrike-profile/)

4.37

[(3026)](https://www.softwareadvice.com/project-management/wrike-profile/reviews/)

Best for:Value for money

### Pricing availability

Free trial: Available

Free version: Available

Software Advice Summary

Wrike is the trusted work delivery platform where AI extends what people can accomplish. By centralizing all work in one governed, context-rich environment, Wrike helps organizations streamline collaboration, project planning, and task execution while maintaining the control and accountability that complex work demands. Key features include AI Agents, Wrike Copilot, Wrike MCP Server, workflow automations, customizable dashboards, real-time collaboration tools, and advanced reporting. Powered by the Wrike Work Intelligence® Graph, AI acts reliably inside the same roles, permissions, and access controls as your people, making AI-driven actions part of the auditable record of how work gets done. More than 20,000 organizations worldwide, including Siemens, Walmart, and NVIDIA, trust Wrike to deliver their most important work.... [Read more](https://www.softwareadvice.com/project-management/wrike-profile/)

### What users love

-   Comprehensive project organization tools
-   Centralized communication and teamwork
-   Flexible coordination across teams

### To take in mind

-   Overwhelming and complex feature set
-   Cluttered and unintuitive interface
-   Expensive for small teams

### Best rated features:

IT Reporting

5.0

Rescheduling

5.0

Dashboard

5.0

Template Management

5.0

[See all features](https://www.softwareadvice.com/project-management/wrike-profile/#key-features)

### Team

$10.00/month

Intelligent project management

### Business

$25.00/month

Customizable platform to manage your workflows

### Pinnacle

Custom

Pricing available upon request

Built for complex workflows

[See full pricing details](https://www.softwareadvice.com/project-management/wrike-profile/#pricing-and-plans)

### Product: HeavyJob

[HeavyJob](https://www.softwareadvice.com/job-costing/heavyjob-profile/)

4.54

[(96)](https://www.softwareadvice.com/job-costing/heavyjob-profile/reviews/)

### Pricing availability

Free trial: Not available

Free version: Not available

Software Advice Summary

HCSS HeavyJob is a job management solution that allows companies to manage employee time, budgets, job costs, and resources. Company crew leads can record time and materials information in the field using a laptop or mobile device. The data can then be sent directly to the office, avoiding manual double entry and errors. Users can also record diary entries and meetings, enter production quantities, and submit photos. Using these entries, job managers are able to track daily operations, time, and budget. HeavyJob is scalable to fit any size company, from a single foreman to large enterprise or joint venture operations. This allows organizations to get production information daily, and allows users to manage documents and contracts to get data needed to streamline business operations. All packages come with HCSS’s 24/7 customer service.... [Read more](https://www.softwareadvice.com/job-costing/heavyjob-profile/)

### Best rated features:

Activity Dashboard

5.0

Activity Tracking

5.0

Document Management

5.0

Mobile Access

5.0

### Worst rated features:

RFI & Submittals

3.0

Accounting Integration

4.0

[See all features](https://www.softwareadvice.com/job-costing/heavyjob-profile/#key-features)

### Product: VPO

[VPO](https://www.softwareadvice.com/construction/virtual-project-office-profile/)

4.22

[(63)](https://www.softwareadvice.com/construction/virtual-project-office-profile/reviews/)

### Pricing availability

Free trial: Available

Free version: Not available

Software Advice Summary

VPO is project portfolio management software built for public and private sector organizations managing capital programs. It helps construction managers, program leaders, and project teams stay aligned across projects by bringing communication, documents, and decisions into one place. At the portfolio level, VPO acts as a command center for capital programs, providing visibility into project status, risks, and outstanding decisions. This allows leadership to quickly understand where attention is needed without manually gathering updates from multiple sources. The platform supports structured workflows for RFIs, submittals, document control, and approvals, ensuring that communication is captured and decisions are traceable. This improves accountability, reduces version confusion, and creates a complete audit trail across projects. VPO is designed to scale with growing capital programs and support complex environments with multiple stakeholders and high project volumes. It can be deployed in weeks, not months, allowing teams to begin standardizing workflows and improving visibility without long implementation cycles. The platform has supported more than 10,000 projects and over $50B in capital programs worldwide. For organizations that have outgrown spreadsheets and disconnected systems, VPO provides a more structured, transparent, and scalable approach to managing capital projects. With over 42 years of experience supporting capital programs, VPO offers a practical, proven approach to improving collaboration, visibility, and control across construction projects. VPO helps teams keep projects on track and everyone working from the same information.... [Read more](https://www.softwareadvice.com/construction/virtual-project-office-profile/)

### Best rated features:

Budget Tracking

5.0

Status Tracking

5.0

Purchase Order Management

5.0

Accounting Integration

5.0

### Worst rated features:

Bid Management

3.0

Mobile Access

3.3

[See all features](https://www.softwareadvice.com/construction/virtual-project-office-profile/#key-features)

### Basic

Custom

Pricing available upon request

[See full pricing details](https://www.softwareadvice.com/construction/virtual-project-office-profile/#pricing-and-plans)

### Product: Kahua

[Kahua](https://www.softwareadvice.com/construction/kahua-profile/)

4.62

[(21)](https://www.softwareadvice.com/construction/kahua-profile/reviews/)

### Pricing availability

Free trial: Not available

Free version: Not available

Software Advice Summary

Kahua helps users manage processes, documents and cost on their construction programs and projects from inception to closeout. Purpose-built solutions for owners, program managers, general contractors and subcontractors help you minimize time-to-value and enhance user adoption. Kahua enables collaboration between all project participants to streamline communication and improve efficiency. Eliminate waste and rework by keeping everyone on the same page with the latest design and scope information. And with Kahua’s comprehensive dashboards and reporting, users get the visibility and control they need to minimize risk. Kahua is a lifecycle solution, with applications for capital planning, sources of funds, design review, bid management, document management & control, cost management and asset handover. Kahua is available on all mobile devices to easily connect field to office. Kahua apps are built on kBuilder, an Enterprise Low-Code Application Platform which enables Kahua partners and customers to rapidly build new apps or customize existing apps to extend or enhance Kahua solutions. This gives you the agility you need to adapt as your business needs evolve. To date, over 600 private and public apps have been developed on kBuilder, and public apps are available to the Kahua community on the kStore app marketplace. Kahua is a FedRAMP-compliant platform. This makes it an ideal choice for contractors working in the defense industry. The software can help these organizations meet the upcoming Cybersecurity Maturity Model Certification (CMMC) requirements. This streamlines the compliance process and ensures the security of sensitive data.... [Read more](https://www.softwareadvice.com/construction/kahua-profile/)

### Best rated features:

Search/Filter

5.0

Project Tracking

5.0

API

5.0

Change Order Management

5.0

[See all features](https://www.softwareadvice.com/construction/kahua-profile/#key-features)

### Product: SafetyCulture

[SafetyCulture](https://www.softwareadvice.com/cmms/iauditor-profile/)

4.61

[(354)](https://www.softwareadvice.com/cmms/iauditor-profile/reviews/)

Best for:Small businesses

### Pricing availability

Free trial: Available

Free version: Available

Software Advice Summary

SafetyCulture is a mobile-first inspection platform that allows teams to digitize their operations. As an inspection management tool, it enables teams to capture consistent data, identify areas for improvement, share reports and collaborate across working teams. The platform caters to a variety of industries such as construction, manufacturing, facilities management, hospitality and retail. The platform allows users to create and customize inspection forms and checklists using a drag-and-drop template builder, making it easy to convert current documents into digital inspections. SafetyCulture also helps users assign follow-up actions and tasks to team members to resolve any issues identified during inspections. Additionally, the platform generates custom reports instantly after inspections, which can be easily shared.... [Read more](https://www.softwareadvice.com/cmms/iauditor-profile/)

### Best rated features:

Activity Tracking

5.0

Surveys & Feedback

5.0

Reporting & Statistics

5.0

Role-Based Permissions

5.0

### Worst rated features:

Asset Tracking

1.0

Activity Dashboard

2.0

[See all features](https://www.softwareadvice.com/cmms/iauditor-profile/#key-features)

### Free

A$0.00/month

Up to 10 users

### Premium

A$29.00/month

Unlimited users

### Enterprise

Custom

Pricing available upon request

[See full pricing details](https://www.softwareadvice.com/cmms/iauditor-profile/#pricing-and-plans)

### Product: Tradify

[Tradify](https://www.softwareadvice.com/field-service/tradify-profile/)

4.71

[(152)](https://www.softwareadvice.com/field-service/tradify-profile/reviews/)

Best for:Value for money

### Pricing availability

Free trial: Available

Free version: Not available

Software Advice Summary

Tradify is job management software that helps organizations track and manage jobs from quote to invoice, in real time. Tradify was built for trade and service businesses such as electricians, plumbers, HVAC, building and construction, painting, service technicians, installers, maintenance, repair, and more. Tradify provides organizations with a complete overview of their workload, enabling users to track and prioritize jobs, and stay up to date on what jobs are due, overdue, or coming next. All job information is accessible by field and office staff via any desktop or mobile device. Employee scheduling features help manage the workforce, including a time tracker for time on site, time-sheeting, dispatching and rescheduling. Quoting features enable users to import supplier price lists for current costs, and compare quoted and actual job costs. Customizable templates are available for various jobs or customers, including kit creation for quick quoting of similar work. Users can invoice right after the job, and automatically transform timesheets or receipts into invoices . Third party accounting integration enables users to send invoices directly to Xero or MYOB, sync price lists, customers and contacts between systems, and reconcile bills. Tradify is mobile optimized to facilitate communication between the office and field. Users can add images, quotes, notes and purchase orders to jobs directly via the app, and sign for various items digitally while in the field.... [Read more](https://www.softwareadvice.com/field-service/tradify-profile/)

### Best rated features:

Cost Estimating

5.0

Job Tracking

5.0

Job Management

5.0

Task Scheduling

5.0

### Worst rated features:

Inventory Management

2.7

Purchase Order Management

3.0

Subcontractor Management

3.4

[See all features](https://www.softwareadvice.com/field-service/tradify-profile/#key-features)

### Lite

$47.00/month

For contractors who want the basics.

### Pro

$51.00/month

Perfect for professional businesses.

### Plus

$61.00/month

Additional features for total control.

[See full pricing details](https://www.softwareadvice.com/field-service/tradify-profile/#pricing-and-plans)

### Product: Contractor Foreman

[Contractor Foreman](https://www.softwareadvice.com/construction/contractor-foreman-profile/)

4.48

[(834)](https://www.softwareadvice.com/construction/contractor-foreman-profile/reviews/)

Best for:Ease of use

### Pricing availability

Free trial: Available

Free version: Not available

Software Advice Summary

Contractor Foreman is a construction management software designed for contractors. It caters to a wide range of contractors, including general, trade, residential, commercial, and small to medium-sized contractors. The software includes project management tools such as Gantt charts, scheduling, and daily logs. It also provides financial features, such as job costing, estimates, change orders, invoices, and real-time cost tracking. Additionally, Contractor Foreman offers people management features including GPS-driven timecards, crew scheduling, and safety meeting tracking. With its comprehensive features and user-friendly design, Contractor Foreman is a construction management solution suitable for contractors of all sizes.... [Read more](https://www.softwareadvice.com/construction/contractor-foreman-profile/)

### What users love

-   Responsive and knowledgeable support team
-   Affordable all-in-one solution
-   Intuitive platform for daily tasks

### To take in mind

-   Limited direct communication options
-   Clunky and limited scheduling tools
-   Restrictive and confusing form editing

### Best rated features:

Inspection Management

5.0

Issue Tracking

5.0

OSHA Recordkeeping

5.0

Customizable Fields

5.0

### Worst rated features:

Contact Management

1.0

For AEC Industry

1.0

[See all features](https://www.softwareadvice.com/construction/contractor-foreman-profile/#key-features)

### Basic

$49.00/month

Advanced features like Bid Manager, Change Orders, Progress Invoicing, Subcontracts, QuickBooks Integration, and others are not included.... [Read more](https://www.softwareadvice.com/construction/contractor-foreman-profile/#pricing-and-plans)

### Standard

$105.00/month

Features like Bid Manager, Change Orders, Progress Invoicing, Subcontracts, and QuickBooks Integration are not included.... [Read more](https://www.softwareadvice.com/construction/contractor-foreman-profile/#pricing-and-plans)

### Plus

$166.00/month

Features like Crew Schedule, Leads Manager, and QuickBooks Integration are not included.

[See full pricing details](https://www.softwareadvice.com/construction/contractor-foreman-profile/#pricing-and-plans)

### Product: RAKEN

[RAKEN](https://www.softwareadvice.com/construction/raken-profile/)

4.59

[(248)](https://www.softwareadvice.com/construction/raken-profile/reviews/)

Best for:Multiple Projects

### Pricing availability

Free trial: Available

Free version: Not available

Software Advice Summary

Raken is a construction management software that helps contractors streamline their daily operations and improve project visibility. The software's mobile and web applications cater to a wide range of construction firms, from subcontractors and general contractors to specialty trades and heavy civil companies. Raken's features include daily progress reporting capabilities. Crews can capture and share field data in real-time through daily reports, collaborator updates, photo documentation, notes, and messaging. The software also offers time and production tracking tools. Contractors can monitor hours worked, material usage, equipment management, and overall project performance. To reduce risk, Raken provides safety and quality management features. These include managed checklists, observations, incident reporting, and toolbox talks. Raken's document management capabilities allow construction teams to digitally store and access important project files, forms, and historical data. This helps resolve disputes quickly and plan future bids more effectively. Raken's intuitive interface and cloud-based integrations are designed to boost productivity, provide detailed insights, and minimize risk across construction projects of all sizes.... [Read more](https://www.softwareadvice.com/construction/raken-profile/)

### Best rated features:

Subcontractor Management

5.0

Compliance Management

5.0

Electronic Signature

5.0

Equipment Tracking

5.0

### Worst rated features:

Contractor Management

3.5

API

3.5

Alerts/Notifications

3.5

[See all features](https://www.softwareadvice.com/construction/raken-profile/#key-features)

### Raken Plans

Custom

Pricing available upon request

Access to the Raken platform is based on quantity of licenses needed, contract length and plan type purchased... [Read more](https://www.softwareadvice.com/construction/raken-profile/#pricing-and-plans)

[See full pricing details](https://www.softwareadvice.com/construction/raken-profile/#pricing-and-plans)

### Product: Fieldwire

[Fieldwire](https://www.softwareadvice.com/construction/fieldwire-profile/)

4.61

[(98)](https://www.softwareadvice.com/construction/fieldwire-profile/reviews/)

### Pricing availability

Free trial: Not available

Free version: Available

Software Advice Summary

Fieldwire is an all-in-one jobsite management software that connects the field to the office — from the foremen to the project manager and everyone in between. This enables efficient real-time information sharing within the entire team, resulting in notable time savings. Each Fieldwire user, whether in the field or office, gains up to one hour per day for more productive tasks, thanks to streamlined planning and communication. Established in 2013, and acquired in 2021 by Hilti, Fieldwire plays a pivotal role in Hilti's strategic efforts to enhance contractors' efficiency and productivity globally. Used on over 1,000,000 projects globally, Fieldwire focuses on the effective collaboration of field workers around three core use cases: - Access and share information (Plans & Markups, RFI’s and Submittals) - Plan and manage work (Task Management, Messaging and Punchlists) - Track and Report progress (Forms & Reports, Change Orders)... [Read more](https://www.softwareadvice.com/construction/fieldwire-profile/)

### Best rated features:

Electronic Signature

5.0

Online Time Clock

5.0

Routing

5.0

Job Tracking

5.0

[See all features](https://www.softwareadvice.com/construction/fieldwire-profile/#key-features)

### Product: Owner Insite

[Owner Insite](https://www.softwareadvice.com/construction/owner-insite-project-management-profile/)

4.77

[(26)](https://www.softwareadvice.com/construction/owner-insite-project-management-profile/reviews/)

### Pricing availability

Free trial: Available

Free version: Not available

Software Advice Summary

Owner Insite was built from the ground up for owners and construction managers needing tight management of capital construction projects. The web-based system can be used by small and large companies. Supports Mac and PC.... [Read more](https://www.softwareadvice.com/construction/owner-insite-project-management-profile/)

### Best rated features:

Project Tracking

5.0

Budget Tracking

5.0

RFI & Submittals

5.0

Document Management

5.0

### Worst rated features:

Purchase Order Management

3.0

Scheduling

4.0

[See all features](https://www.softwareadvice.com/construction/owner-insite-project-management-profile/#key-features)

### Basic

Custom

Pricing available upon request

[See full pricing details](https://www.softwareadvice.com/construction/owner-insite-project-management-profile/#pricing-and-plans)

### Product: PlanHub

[PlanHub](https://www.softwareadvice.com/construction/planhub-profile/)

4.35

[(477)](https://www.softwareadvice.com/construction/planhub-profile/reviews/)

Best for:Multiple Projects

### Pricing availability

Free trial: Available

Free version: Not available

Software Advice Summary

PlanHub is a construction project and bid management solution. It helps contractors, subcontractors, suppliers and owners streamline their preconstruction processes. The solution allows contractors to post projects, send bid invites, share information with subcontractors and manage multiple team members. Key features include file sharing, activity tracking and bid management. The tool caters to the unique needs of the construction industry. It provides an all-in-one platform for finding projects, networking and managing bids. PlanHub's features include an end-to-end bid management system with modern, easy-to-use tools. Users can identify relevant projects and build, manage and submit proposals. This allows users to expand their reach and collaborate with general contractors, subcontractors, architects, engineers, owners and suppliers. Additionally, PlanHub offers in-depth market intelligence, providing insights and opportunities such as hard-to-find leads, competitive bidding data and pricing analytics. PlanHub enables users to view project locations, the total number of bids and current status of multiple projects. The built-in instant messaging feature lets users communicate with subcontractors and other employees in real time. PlanHub’s activity tracking feature lets contractors see which users have viewed the project, downloaded files or submitted bids. Users can sort bids by pricing or trade. The solution also allows subcontractors to ask project-specific questions using built-in communication tools. PlanHub provides personalized service and support. It has dedicated US-based success managers and 24/7 customer assistance. The platform also offers estimation feature. This streamlines the project cost calculation process, enabling users to generate estimates. With its comprehensive suite of tools and resources, PlanHub aims to help construction professionals find and win more jobs, collaborate efficiently and more.... [Read more](https://www.softwareadvice.com/construction/planhub-profile/)

### What users love

-   Intuitive and accessible interface
-   Responsive and helpful support team
-   Expansive subcontractor connections

### To take in mind

-   Bid management and feedback gaps
-   Project quality and relevance issues
-   Expensive and confusing pricing structure

### Best rated features:

File Sharing

4.9

Estimating

4.8

RFP Management

4.7

Project Management

4.7

### Worst rated features:

Subcontractor Monitoring

2.6

Contract/License Management

3.3

For AEC Industry

3.6

Proposal Management

3.9

[See all features](https://www.softwareadvice.com/construction/planhub-profile/#key-features)

### General Contractors

Custom

Pricing available upon request

General Contractors get free, unlimited access to PlanHub. Simply sign up to post projects, share project files, communicate with multiple subcontractors at once, and receive and evaluate bids. Our Pro, Premier, and Enterprise plans are available for additional features.... [Read more](https://www.softwareadvice.com/construction/planhub-profile/#pricing-and-plans)

### Subcontractors

Custom

Pricing available upon request

PlanHub offers flexible subscription plans for subcontractors based on coverage area, so you can choose the mileage range that fits your business. Plans include access to project opportunities, bid tools, and workflow features to help you stay organized and win more work. New users can also start with a free trial to explore the platform before committing.... [Read more](https://www.softwareadvice.com/construction/planhub-profile/#pricing-and-plans)

### Suppliers

Custom

Pricing available upon request

PlanHub supplier plans help you discover project leads, run keyword searches across project docs, and get real-time alerts when new opportunities match your materials. It’s built to help suppliers connect with contractors and stay top-of-mind before purchasing decisions are made.... [Read more](https://www.softwareadvice.com/construction/planhub-profile/#pricing-and-plans)

[See full pricing details](https://www.softwareadvice.com/construction/planhub-profile/#pricing-and-plans)

### Product: SiteMax Systems

[SiteMax Systems](https://www.softwareadvice.com/project-management/sitemax-systems-profile/)

4.78

[(18)](https://www.softwareadvice.com/project-management/sitemax-systems-profile/reviews/)

### Pricing availability

Free trial: Not available

Free version: Not available

Software Advice Summary

SiteMax is the complete jobsite management platform for construction that enables the digital transformation from antiquated analog and paper-reliance to digital. Simple, streamlined, and purpose-built for construction, SiteMax is powering tens of thousands of job sites daily. Our plans are purpose-built to give you what you need no matter where you are in your construction management journey. · Go Paperless · Consolidate Your Multiple Single Point Applications Into One · Streamline Construction Management Processes SiteMax is simple enough for any team to adopt but powerful enough to run all your construction projects. SiteMax is great for: · GENERAL CONTRACTORS who value collaboration and modern construction management with ease of use. · SUB CONTRACTORS who strive to choose a clear field to office communication. Easily access project information, from punch lists to project drawings all from the palm of your hand. · DEVELOPERS OWNERS who aim to get real-time visibility of all current and past project details to ensure compliance, productivity, and profitability. Only the features you need: · Task Management · Timecards · Digital Forms · Purpose Built Workflow Modules · Digital Blueprint Storage and Management · Photo Management · Equipment Tracking · RFIs Tracking · Safety Reports... [Read more](https://www.softwareadvice.com/project-management/sitemax-systems-profile/)

### Best rated features:

Activity Tracking

5.0

Offline Access

4.7

Purchase Order Management

4.6

Change Order Management

4.5

### Worst rated features:

Supplier Management

4.0

Subcontractor Management

4.0

Contractor Management

4.0

Accounting Integration

4.0

[See all features](https://www.softwareadvice.com/project-management/sitemax-systems-profile/#key-features)

### Product: ManagePlaces

[ManagePlaces](https://www.softwareadvice.com/construction/manageplaces-profile/)

4.92

[(12)](https://www.softwareadvice.com/construction/manageplaces-profile/)

### Pricing availability

Free trial: Available

Free version: Available

Software Advice Summary

ManagePlaces is an intuitive project management platform for professionals in the construction industry. The web-based software is built with simplicity and ease of use in mind. It allows staff members to plan, manage, and schedule tasks in a single table or Gantt view. Employees can track finances and KPIs, assign users and external stakeholders to the project, store documents, and manage document versions. ManagePlaces does not require software installation and offers a simple sign-up to activate the trial. It offers a web-based solution with an intuitive interface and wide support available.... [Read more](https://www.softwareadvice.com/construction/manageplaces-profile/)

### Basic

£23.00/month

[See full pricing details](https://www.softwareadvice.com/construction/manageplaces-profile/#pricing-and-plans)

### Product: Assignar

[Assignar](https://www.softwareadvice.com/construction/assignar-profile/)

4.60

[(72)](https://www.softwareadvice.com/construction/assignar-profile/reviews/)

### Pricing availability

Free trial: Not available

Free version: Not available

Software Advice Summary

Assignar is a cloud-based construction management solution designed for self-performing general contractors and subcontractors. Key features include scheduling, asset management, timesheets, custom forms, compliance management, invoicing and payroll. Workers can check in from the system using the companion Field Worker App, fill out and submit timesheets and forms, which are sent directly to the office and integrated easily into accounting software. Plus, all the data collected in the field can be sliced and presented in a variety of ways to visually present in-depth insights into operations. Timesheet submissions can be geolocated and can include meal allowances, travel allowances, break times, dockets and more. Users can collect safety reviews, machine pre-starts, annual leave request forms and more within the app. Assignar sends notifications when documentations expire, and sends reminders to fieldworkers to renew licenses and certificates. No more spreadsheets and whiteboards to keep track of critical project data. Assignar helps keep projects on budget and on time by connecting the field to the office.... [Read more](https://www.softwareadvice.com/construction/assignar-profile/)

### Best rated features:

Subcontractor Management

5.0

Compliance Tracking

5.0

Dispatch Management

5.0

Audit Management

5.0

[See all features](https://www.softwareadvice.com/construction/assignar-profile/#key-features)

### Product: Capital Project Management for Owners

[Capital Project Management for Owners](https://www.softwareadvice.com/construction/honest-buildings-profile/)

4.67

[(21)](https://www.softwareadvice.com/construction/honest-buildings-profile/)

### Pricing availability

Free trial: Not available

Free version: Not available

Software Advice Summary

Honest Buildings is a cloud-based project management solution that caters to businesses in the real estate industry. Features include dynamic dashboard views, project bidding, cost tracking, template libraries and more. Honest Buildings' dynamic dashboard views help users to keep track of their portfolios' performance against allocated budgets. The views also provide users visibility into committed costs, change orders and invoices that enable them to identify potential risks and opportunities. Using Honest Buildings, users can centralize and digitize approvals and documentation throughout a project, eliminate version issues and capture data points for portfolio-wide analytics. Additionally, the solution allows users to leverage automated bid-leveling and build bids from template library to scale their RFP processes. Users can also generate custom reports on projects and performance of the vendors that help them to spot trends and make relevant business decisions. Support to users is offered via phone and email.... [Read more](https://www.softwareadvice.com/construction/honest-buildings-profile/)

### Best rated features:

Financial Reporting

5.0

Bid Management

5.0

Scheduling

5.0

Data Visualization

5.0

[See all features](https://www.softwareadvice.com/construction/honest-buildings-profile/#key-features)

### Product: Traqspera

[Traqspera](https://www.softwareadvice.com/construction/traqspera-profile/)

4.80

[(10)](https://www.softwareadvice.com/construction/traqspera-profile/)

### Pricing availability

Free trial: Available

Free version: Not available

Software Advice Summary

Traqspera is an easy to use, cloud-based solution that connects field crews and office staff. All relevant information is captured and stored in Traqspera, so you can ensure everyone is on the same page. Increase efficiency, and streamline communications and operations by eliminating unnecessary paperwork, spreadsheets, emails, and phone calls. Gain insight by tracking job progress and status, tasks, due dates, assignees, and documents. Timesheets allow for clock in/out, single, or crew entry from any device. Collect labor, equipment, material, or units/accomplishments directly in the field. Track assets, equipment and maintenance inspections/certifications, tools, assigned employee and location, barcode check in/out and more. Track and review the status of employees, work locations, and history. The searchable database contains all employees and training credentials, safety incidents, statistics and trends, safety manuals, documents, and procedures. Generate reports and view statistics immediately with real-time data on job costs, hours, budgets, equipment utilization as well as certification and maintenance, safety and employee training. Traqspera integrates directly with Spectrum by Viewpoint, or easily exports to accounting software such as Sage, ADP, or Quickbooks. Traqspera is provided under a Software-as-a-Service (SaaS) model, which allows contractors and project managers to buy the software on an annual subscription basis.... [Read more](https://www.softwareadvice.com/construction/traqspera-profile/)

### Basic

$1,200.00/year

[See full pricing details](https://www.softwareadvice.com/construction/traqspera-profile/#pricing-and-plans)

### Product: Inertia

[Inertia](https://www.softwareadvice.com/project-management/inertia-profile/)

4.86

[(7)](https://www.softwareadvice.com/project-management/inertia-profile/reviews/)

### Pricing availability

Free trial: Available

Free version: Not available

Software Advice Summary

Inertia is a cloud-based construction management solution designed to help enterprises breakdown complex operations and streamline business processes with centralized information and transparent reporting. Inertia offers documentation for inspections and RFI, real-time project maps with progress visualization, and data tracking and analytics. With Inertia, project managers are able to securely track all project documentation with a centralized data system that provides controlled access for security and authentication measures. Managers can view end-of-project reports on all inspected items and track all documentation history with an integrated transaction log. Inertia can streamline project approvals to clear final decisions and manage handoffs. Inertia also offers real-time construction project maps to visualize progress and improve project collaboration. Project managers can organize project maps with color-coding functionality and track the status of every location along with every document associated with that location. Inertia can also provide complete transparent project information with real-time reporting and analytics. Project managers are able to visualize key metrics and organize key data points to predict setbacks and avoid costly re-dos.... [Read more](https://www.softwareadvice.com/project-management/inertia-profile/)

### Basic

Custom

Pricing available upon request

[See full pricing details](https://www.softwareadvice.com/project-management/inertia-profile/#pricing-and-plans)

### Product: Spitfire Project Management System

[Spitfire Project Management System](https://www.softwareadvice.com/construction/spitfire-pm-profile/)

5.0

[(5)](https://www.softwareadvice.com/construction/spitfire-pm-profile/)

### Pricing availability

Free trial: Not available

Free version: Not available

Software Advice Summary

Spitfire helps organizations track RFIs, submittals, bids, RFQs and more. It's a complete construction project management system designed for medium and large general contractors, government contractors and construction managers.... [Read more](https://www.softwareadvice.com/construction/spitfire-pm-profile/)

### Basic

$79.00/month

[See full pricing details](https://www.softwareadvice.com/construction/spitfire-pm-profile/#pricing-and-plans)

### Product: BuildingBlok

[BuildingBlok](https://www.softwareadvice.com/construction/buildingblok-profile/)

4.64

[(11)](https://www.softwareadvice.com/construction/buildingblok-profile/)

### Pricing availability

Free trial: Available

Free version: Not available

Software Advice Summary

BuildingBlok is a cloud-based project management solution for subcontractors, general contractors, engineers and architects in the construction industry. It helps users manage construction projects including design, construction management and closeout. BuildingBlok offers a suite of applications including bid management, project scheduling, document workflow management and job costing. BuildingBlok offers features like daily reports, timesheets, document control for change orders, RFIs, submittals and payment applications, as well as job costing. The mobile application gives access to project information in the field and allows field workers to add data both on and offline. BuildingBlok’s interface allows users to work together on multiple projects. The daily reporting feature helps to report working hours and employee performance, and also updates construction progress on a real-time basis. The pricing is a monthly or annual flat fee for each plan. All plans include unlimited projects and users.... [Read more](https://www.softwareadvice.com/construction/buildingblok-profile/)

### Best rated features:

Timesheet Management

5.0

Contractor Management

5.0

Estimating

5.0

Audit Trail

5.0

### Worst rated features:

Contract/License Management

4.0

Bid Management

4.0

[See all features](https://www.softwareadvice.com/construction/buildingblok-profile/#key-features)

### Field

$249.00/month

Includes essential field management tools such as daily reports, punch lists, timesheets, and unlimited users. No hidden fees, with chat and email support included. Free 14-day trial is available.... [Read more](https://www.softwareadvice.com/construction/buildingblok-profile/#pricing-and-plans)

### Office (Recommended)

$849.00/month

Provides all features from the Field plan plus ASIs, bidding, memos, RFIs, submittals, and task management (To-Do). Ideal for office-based project management teams. Free 14-day trial.... [Read more](https://www.softwareadvice.com/construction/buildingblok-profile/#pricing-and-plans)

### Enterprise

$2,499.00/month

Offers all features from the Office plan, plus advanced financial management tools such as change orders, invoices, owner invoices, and payment applications.... [Read more](https://www.softwareadvice.com/construction/buildingblok-profile/#pricing-and-plans)

[See full pricing details](https://www.softwareadvice.com/construction/buildingblok-profile/#pricing-and-plans)

### Product: buildup

[buildup](https://www.softwareadvice.com/punch-list/buildup-profile/)

4.50

[(36)](https://www.softwareadvice.com/punch-list/buildup-profile/reviews/)

### Pricing availability

Free trial: Available

Free version: Not available

Software Advice Summary

Buildup is a cloud-based task management, punch list and inspection software that helps improve product quality, reduce costs and shorten construction timelines. Buildup is used by owners/developers/consultants, general contractors and subcontractors. The solution includes an app for recording project data out in the field and a web platform for detailed reporting. Buildup helps communicate issues/tasks at the jobsite and in the office to save time, minimize project delays and reduce costs.... [Read more](https://www.softwareadvice.com/punch-list/buildup-profile/)

### Best rated features:

Alerts/Notifications

5.0

Task Management

5.0

Image Capture

5.0

Activity Dashboard

5.0

[See all features](https://www.softwareadvice.com/punch-list/buildup-profile/#key-features)

### Basic

$0.01/month

[See full pricing details](https://www.softwareadvice.com/punch-list/buildup-profile/#pricing-and-plans)

1

[2](https://www.softwareadvice.com/construction/program-management-software-comparison/?page=2)[3](https://www.softwareadvice.com/construction/program-management-software-comparison/?page=3)

## Popular Comparisons

[

Wrike vs Smartsheet

](https://www.softwareadvice.com/project-management/smartsheet-profile/vs/wrike/)[

Contractor Foreman vs Procore

](https://www.softwareadvice.com/construction/contractor-foreman-profile/vs/procore/)[

Autodesk Forma vs Buildertrend

](https://www.softwareadvice.com/construction/autodesk-construction-cloud-profile/vs/buildertrend/)[

PlanHub vs Trimble e-Builder

](https://www.softwareadvice.com/construction/e-builder-enterprise-profile/vs/planhub/)

## Send me a copy of this list to my inbox

### Get a copy of this list with pricing info sent to your inbox so you can pick up where you left off when convenient to you.

Program and portfolio management software helps building owners and construction managers coordinate their capital projects. These managers are focused on applying a uniform set of standards for project control and building standards (i.e., LEED certification) to a large portfolio of construction projects. Of course, standards and processes may change over time, requiring a flexible system. While detailed task management will often be left to general contractors, building owners and construction managers will want to maintain a single view of progress across all projects using a purpose-built program management system.

Here’s what we’ll cover:

[What Is Capital Program & Portfolio Management Software?](#WhatIsCapitalProgramPortfolioManagementSoftware)

[What Type of Buyer Are You?](#WhatTypeofBuyerAreYou)

[The Vendor Landscape](#TheVendorLandscape)

[Market Trends to Understand](#MarketTrendstoUnderstand)

[Benefits and Potential Issues](#BenefitsandPotentialIssues)

## What Is Capital Program & Portfolio Management Software?

Capital program management refers to the supervision over the vast amount of information associated with capital construction projects. Distinct from generic project management utilities, this software is geared to meet the needs of building owner/operators and construction managers, rather than contractors, architects or engineers. To that end, it tends to focus less on scheduling and hands-on details, and more on the broad-level overview of the projects and the portfolio cycles.

Capital program management software may include bid management, takeoff or cost estimating capabilities, but more likely it will have some or all of the following critical features to facilitate portfolio management:

-   Document control
    
-   Tracking multiple projects
    
-   Reporting
    
-   Communication between managers and contractors
    
-   Work order and inventory management
    
-   Accounting
    
-   Customer relationship database
    

## What Type of Buyer Are You?

Because there are dozens of different vendors that specialize in program management software, and costs and functionality vary tremendously, it’s important to identify your individual needs in order to narrow the field. One way to do this is to identify yourself as a certain type of buyer based on the functions you’re performing. Most buyers fall into one of these groups:

Before looking at the details of various systems, identify yourself with one of the buyer types outlined below. Most buyers fall into one of these groups:

**Full suite.** These buyers will be using the software across all levels of their company, from the owner through all the management offices and possibly including the field contractors as well. Because they’re sharing data between multiple different job functions, they need something that’s highly robust and integrates all of the different features a construction company would need.

**Building owners.** Building owners want quick access for an update on the status of all projects, as well as reporting, and other portfolio management capabilities.

**Construction managers.** Since construction managers are interfacing directly with contractors, project scheduling becomes more important, as well as the ability to share information between collaborators on a project. The software is also more likely to include features for construction takeoff and estimating.

**Office managers and accountants.** The accountants and administrators of a construction company, will want a solution that includes inventory, budgeting, payroll and ledger control specifically designed for the construction industry. This is a highly competitive market within the field.

**Customer relationship managers.** Although CRM typically focuses on the sales and marketing side of customer interfacing, these solutions may also include customer service capabilities, including the ability to accept and process work orders from the customers.

## The Vendor Landscape

Although the following list does not include all of the software vendors working in the capital program and portfolio management space, these top-rated programs will be a good fit for the indicated buyers.  

This type of buyer...

Should evaluate these systems

Full suite

HeadsUp iCPM, Sage Project Lifecycle Management, Maxwell Systems, Paskr Project Management Suite

Building owner

HeadsUp iCPM, Sage Project Lifecycle Management, e-Builder, Oracle Primavera, PMWeb, Prolog, VisionPM, EADOC, Aconex, Proliance

Construction manager

Maxwell Systems, HeadsUp iCPM, Paskr Project Management Suite, BuilderTREND, Oracle Primavera, BuildTools, Procore, Sage Project Lifecycle Management, PMWeb

Office manager/ accountant

JOBPOWER, Microsoft Dynamics, Sage, Budgetrac Real Estate Developer, COINS, SAP CREW All In One, Profitool

Customer relationship manager

Contractor's Office, Microsoft Dynamics, Sage SalesLogix, Sales 1440, MSI Service Pro, BlueFolder

## Market Trends to Understand

These market trends should be considered as you select a software product and vendor.

**Business intelligence.** Program management systems do more than simply recording action items and finances. Leveraging the lessons learned over hundreds of projects to standardize the storage, maintenance and distribution of information, leading capital program management software now often provides key insight into the performance of the firm and its projects.

**Process automation.** Any repetitive and time-consuming processes can often be expedited through automation, leaving the employees to work on more creative endeavors to improve business performance. Examples of potentially automated processes include budgeting, payroll, scheduling, reporting and management of certain kinds of documents.

**Software as a service.** Almost all construction programs are moving from on-site solutions toward Web-based programs charging a monthly or annual fee rather than a full software purchase or installation cost. This helps amortize the expense over time and eliminates the need for internal staff to manage any technical support, upgrades or updates.

**Improved offerings from full-suite vendors.** Best-of-breed vendors offer deep feature sets in a specialized area, while integrated suites provide seamless connection among many applications. In the past, buyers have had to choose between one or the other, but in recent years, a number of full-suite vendors are upgrading their software so that they can compete against best-of-breed solutions in specialty functionality areas.

## Benefits and Potential Issues

Capital program management software is designed for large companies that manage multiple projects simultaneously. These programs offer a number of benefits:

**Better visibility.** The biggest benefit of top capital program management software is the ability to see all of the data needed in order to manage the portfolio. Information is easily tracked and kept all in one place so it can be viewed and reported on with minimal effort.

**Improved collaboration.** Portfolio visibility, as well as scheduling and inventory control, requires managers to consider phases, tasks, resources and labor. This leads to more thoughtful planning and faster project completion by removing bottlenecks and wasted inventory.

**Better project management.** Compared to an on-site software solution, a Web-based construction management program will be far less expensive in terms of up-front costs. SaaS also eliminates the need for an IT infrastructure to manage upgrades and to get the product up and running when problems arise.

**Improved profitability.** More effectively scheduling and tracking resources and project status reduces costs on equipment rentals, resource sharing and the time spent to manage projects, which cuts expenses, increases time available for sales activities and overall increasing profits.