Can't access portfolios solution

We have Planner and project P3.  When we try to access My Portfolios from Planner in Teams we get a message that says "Looks like you don't have the latest portfolios solution installed   Contact your admin to fix this"  I am an admin, but I can't find any way to update portfolios to the latest version.

Has anyone been able to access the portfolios feature?  If so, how did you get it to work?

Thanks,

Doug