What is idea management software?

Idea management software supports companies in obtaining, discussing, evaluating, and implementing ideas and suggestions from their employees. The Idea Management Process is accompanied from the idea generation over Idea evaluation to its successful implementation. Idea management software allows the value of ideas to be calculated and to build a reward system in idea management. It also supports overlapping management systems such as Innovation Management, continuous improvement process as well as the company’s employee suggestions system. In this article, you will learn about the benefits of idea management software and get valuable suggestions when looking for the right tool.

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Advantages of idea management software

Idea management software offers companies numerous advantages over solutions such as an idea mailbox, idea submission by mail, or excel spreadsheets.

Idea Management Software like Innolytics® also allows reducing the administration of idea management in a way that many processes are automated. The Innolytics® idea management software is permanently free of charge for up to 15 users. Learn more about the Innolytics® idea management software here.