9 Product Information Management Software for Business

Dr. Ankit Sharma, PhD

Updated on:

Product Information Management Software

Product Information Management Software assists businesses in centralizing product data to enhance sales, marketing, and procurement procedures. Many PIM manufacturers have broadened their product portfolios to include comprehensive content management features.

To handle product data, for instance, IBM and Informatica improved their master data management (MDM) solutions. Other companies, like Akeneo, began in the product management industry before diversifying into related solutions.

E-commerce executives should be conversant with the major software packages, such as Acquia PIM, Informatica Product 360, Precisely EnterWorks, and Sales Layer. They should be aware of how PIM systems have developed in order to choose the Best PIM Software for their purposes.

Some Popular PIM Software

1. Acquia PIM

Content management was where Acquia began, but it has rapidly branched out into other fields, including digital experience management. It purchased Widen in 2021, and as a result, it introduced additional DAM and PIM features. A full range of PIM, PXM, and customer data management capabilities are available from the firm.

Additionally, it provided governance features to assist businesses in managing consumer data and guaranteeing adherence to privacy laws like the GDPR.

This headless architecture-based cloud-native platform enables businesses to build e-commerce offers that can be integrated with other Acquia and third-party services.

It comes with tools for establishing brand policies among partners that outline how to utilize product material. Also possible is creating product catalogs for print, online, and mobile platforms by e-commerce teams.

Features:

  • Combined DAM and PIM.
  • Hybrid DAM for products with PIM integration.
  • User-friendly.
  • @mentions.
  • API.
  • Access Controls/Permissions.
  • Active Directory Integration.
  • Activity Dashboard.
  • Activity Tracking.
  • Alerts/Notifications.
  • Approval Process Control.

Pricing: Contact Acquia for custom pricing.

2. Plytix

Product information management (PIM) and digital asset management (DAM) capabilities are provided by this Product Information Management Software.

To enable customers to supplement their product data with media files like videos and photographs, as well as price information, product specifications, and further descriptions, ecommerce enterprises may construct a single repository for product information and digital assets in the platform. The availability of many price levels makes it an excellent choice for small and medium-sized organizations.

One of the software’s primary features is the automation of data operations, including the generation of product feeds that automatically fill with data about products that have been structured to meet the needs of various channels. Users may post product information via these feeds on different online marketplaces, e-commerce websites, and social media platforms.

Features:

  • Segmentation.
  • Custom Reports and Dashboards.
  • E-Commerce.
  • API / Integrations.
  • Performance and Reliability.
  • Collection.
  • Cleansing.
  • Classification.
  • Access Rights.
  • Versioning.
  • Publication.
  • Digital Assets.

Pricing:

  • Free version available.
  • Starter: $450.00 per Month.
  • Custom: $600.00 per Month.
  • Unlimited: $1,650.00 per Month.

3. 4ALLPORTAL

A scalable solution for optimizing product data and file management operations, 4ALLPORTAL is a digital asset management (DAM) and one of the Best PIM Software systems for businesses and retailers.

All sales and marketing-related product information may be accessed via its PIM system. The system works to assemble all of the product data from various third-party systems before offering the best capabilities for provisioning, management, compliance, and search.

The PIM system’s scalability is what draws organizations to 4ALLPORTAL the most. It provides a selection of connections and modules, allowing the program’s customization. They can handle all forms of data, including address data, product data, and their unique assets, thanks to the master data management tool. Both on-premises and cloud deployments of the PIM system are options.

Features:

  • API.
  • Access Controls/Permissions.
  • Activity Dashboard.
  • Activity Tracking.
  • Alerts/Notifications.
  • Approval Process Control.
  • Artwork Management.
  • Asset Categorization.
  • Asset Library.
  • Cataloging/Categorization.
  • Categorization/Grouping.
  • Change Management.
  • Collaboration Tools.
  • Commenting/Notes.
  • Compliance Management.
  • Configurable Workflow.

Pricing:

  • Free trial and free version available.
  • Starter: 120/month/user.
  • Enterprise: Custom pricing.

4. Akeneo PIM

Akeneo began in the PIM market before subsequently extending its offerings. It debuted its initial iteration as an open-source tool in 2013, and as of right now, its primary product is accessible as a headless, cloud-native service. To complement the omnichannel experience, the vendor has implemented PXM capability, which allows customization across channels.

This approach is widely used in many different businesses, including those that produce consumer goods, retail items, and building materials. Additionally, it includes catalog management features that assist e-commerce teams in managing and updating data on product portfolios.

Additionally, thanks to more than 150 API interfaces with external e-commerce, DAM, and analytics technologies, its headless design enables technical teams to combine its PIM features with other products.

Features:

  • Collection.
  • Cleansing.
  • Classification.
  • Access Rights.
  • Versioning.
  • Publication.
  • Digital Assets.
  • Data Quality.
  • Workflows.
  • Localization.
  • KPIs.

Pricing:

  • Community Edition: Free.
  • Growth Edition: Starting at $25,000.00 per Year.
  • Enterprise Edition: Contact Akeneo.

5. BetterCommerce PIM

2015 saw the debut of BetterCommerce’s e-commerce service for medium-sized firms and shops. Since then, it has improved its fundamental headless design to enable several PXM, PIM, order management, analytics, and engagement features.

BetterCommerce provides these features as composable modules and content services that businesses may combine and contrast as necessary. Product managers may use these modules to create campaigns, track engagement, and experiment with various pricing schemes.

The system also supports many interfaces with other services, allowing teams to construct their e-commerce stacks out of interchangeable components. Additionally, the platform includes APIs for managing warehouses, customers, subscriptions, inventories, and shipping.

Features:

  • Economical and Reliable E-commerce suite.
  • Excellent features.
  • Payment aggregators/service providers.
  • Shipment tracking.
  • Inbuilt OMS, WMS, and fraud checks.
  • Data synchronization.
  • Customizable, scalable, and flexible.
  • Omnichannel.
  • SEO Functionality.
  • API-First Philosophy.
  • AI Capability.
  • Enhanced Product Data Organization and Enrichment.
  • Product Data Unification.

Pricing:

  • Free trial available.
  • Business: Starting from £1000 / month.

6. OneTimePIM

OneTimePIM is a SaaS PIM solution with an automated datasheet capability and a fully integrated digital asset management system. Businesses may combine all of their product data into a single platform, thanks to it.

In contrast to other Product Information Management Software, it provides onboarding services without charging extra. This implies that they will invest whatever time is required to assist your company in setting up the PIM, cleaning and importing the data, and configuring any interconnections.

OneTimePIM has specially designed e-commerce connections that can be used from the PIM and provide complete transparency and reporting on the product data you send there.

To update your website immediately, map the PIM characteristics to the e-commerce shop and click run or schedule it. These connectors are the finest in the PIM sector and are real purpose-built connections. OneTimePIM may be integrated with other programs, such as your ERP.

Features:

  • Data Management.
  • Image Management.
  • Data Exporting.
  • Data Distribution.
  • Adobe InDesign Exporting.
  • ETIM-UK Integration.
  • Connection to 40+ eCommerce Platforms.
  • Spreadsheet View Built-In.
  • Scheduled Exports.
  • Digital Asset Management Built-In.
  • Permission Settings.
  • Activity Log.
  • Automatic Datasheet Generator.

Pricing:

  • Free trial available.
  • Standard: £900.00 10 Users per Month.
  • Premium: £1,600.00 for 30 Users per Month.
  • Enterprise: Custom pricing.

7. IBM Product Master

IBM integrated PIM features into its MDM product to organize and manage data across the marketing and sales process. The system’s advantages include supplier collaboration assistance, connection with other business systems, and improved data stewardship. To assist teams in developing data quality criteria, it also utilizes IBM’s MDM infrastructure.

Additionally, IBM Product Master provides persona-based dashboards with straightforward user interfaces for various user categories, including suppliers, content writers, and catalog managers. These dashboards offer pertinent information about products, sales, profitability, and data quality to various organizational positions.

This product may help current IBM customers because of its emphasis on governance, especially those that sell goods in sectors with many regulations, including banking, telecom, and finance. Additionally, it may assist bigger stores in streamlining product information.

Features:

  • Flexible and adaptive data model.
  • Easy integration with key enterprise applications.
  • User interface-based rules engine for data quality.
  • Support for supplier collaboration.
  • Enhanced data stewardship.
  • Proven performance and scalability.
  • An omnichannel experience.
  • Persona-based dashboards.

Pricing: Contact IBM for custom pricing.

8. Syndigo

Syndigo is a content experience hub (CXH) that brings together PIM solution providers, manufacturers, suppliers, distributors, and retailer receivers. It has approximately 250K possible product characteristics for comprehensive product distinction. The technology is also intended to parse such data, provide optimization feedback, and provide product status warnings.

To give improvement warnings, meaningful consumer insights, business-critical product KPIs, and vendor health ratings for inaccurate or missing product information, the program is also made to monitor all product material.

Due to Syndigo’s pay-per-SKU service subscription approach, businesses with bigger product databases may become unaffordable. Bulk modification of product data might also be challenging since more data may prohibit the page from automatically creating entries. You can get around this by downloading an Excel document, making bulk modifications, and then re-uploading it.

Features:

  • Asset Categorization.
  • Asset Library.
  • Asset Sharing.
  • Catalog Creation.
  • Cataloging/Categorization.
  • Collaboration Tools.
  • Content Creation.
  • Content Library.
  • Content Management.
  • Content Publishing Options.
  • Cost Management.
  • Customizable Branding.
  • Customizable Templates.
  • Data Quality Control.
  • Digital Asset Management.
  • Document Management.
  • Documentation Management.
  • FDA Compliance.
  • File Conversion.

Pricing: Contact Syndigo for a quote.

9. InRiver

With support for all 258 ISO languages, InRiver is a digital-first Best PIM Software intended to promote sales and aggregate all marketing text, photographs, videos, specs, 3-D models, instruction manuals, and more. Smart picture recognition technology may automatically fill in properties like colors, descriptions, and tags.

For resellers, InRiver provides a feature-rich self-service site where you can manage the data these individuals can access for searching and downloading. InRiver, including built-in Gantt chart capabilities for campaign schedules, supports several methods of communication.

The absence of organizational features for digital asset management (DAM) is a drawback of InRiver. It can manage your assets via integration but requires more effort and money.

Features:

  • Product Analytics.
  • Content Syndication.
  • Data Modeling.
  • Data Quality Control.
  • Digital Asset Management.
  • Master Record Management.
  • Product Lifecycle Management.
  • Collection.
  • Cleansing.
  • Classification.
  • Access Rights.
  • Versioning.
  • Publication.
  • Digital Assets.

Pricing: Contact InRiver for custom pricing.

How PIM Software Evolved

Early Product Information Management Software facilitated online stores that connected system back ends—operational software elements that end users are unaware of—with UIs. Vendors are increasingly embracing headless architectures, allowing users to modify back-end data apart from the front-end.

More flexibility is provided by headless architecture, which enables e-commerce teams to modify their websites’ designs without affecting the products’ content. Additionally, it allows organizations to combine PIM system data via APIs with other applications, such as MDM, PXM, DAM, PLM, PXM, and digital asset management systems.

Many of the best PIM platforms include a range of related functions, including DAM tools and content management systems (CMSes) for managing media, PXM for enhancing the delivery and evaluation of the customer experience, and MDM for enforcing data standards and product information governance. As businesses create goods, these systems may also be compatible with PLM tools.

The ability to automatically produce product material, such as marketing copy and product descriptions, has been included in several PIM systems. These systems also boost procurement procedures, recommendation engines, and corporate experimentation with various price structures and packaged products.

FAQ

Q: Can I use Product Information Management Software for free?

A: Some of the mentioned options offer a free version. Some offer a free trial.

Q: Is PIM the same as software for managing product catalogs?

A: Not exactly. PIM is often internal-only data, with limited data points accessible to customers. Catalog data management, on the other hand, usually entails consolidating ALL data into a single point of reference for both the retailer and the consumer. Storing product photos and metadata descriptions are two examples of aspects these two kinds of systems could have in common.

Q: What is the average cost of these tools?

A: Although some basic PIM software is free to use, most effective product management systems are expensive. Companies may anticipate monthly costs ranging from $199 to more than $1,000. Your business’s required number of SKUs, users, distribution methods, etc., will often affect your costs.

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