Monday.Com- Is This Right Management Software for Small Businesses?
Monday.com is a simple yet intuitive software that enables teams to shape workflows. With this platform, your team can easily adapt to changing requirements, provide transparency, collaborate, and stop manual work. In brief, this software creates teamwork. But is it correct to say that Monday com is the right management software for small businesses? Lets’ dive more into the software, and of course, how much Monday.com cost you would have to spend.
The life of a small business owner or manager is never easy. Often all areas of your business fall under your ultimate responsibility. Imagine how you have to do everything from inventory and supply chain to hiring and daily management.
The only way to effectively handle all of these tasks is to keep them organized. On the other hand, it is not as easy as it sounds. You need the right tools. This is where this customizable Monday.com comes to your rescue.
As small business management software, Monday.com helps you take control of all processes and workflows in your business. This applies whether you are managing your employees, customers, inventory, supply chain, budget, and more.
Here, you could store all the information you need in one place. The software will also remind you and your staff of necessary tasks and due dates. Not only would you find a free plan at Monday.com cost. More than that, this software will give you access to all the features you need. This includes budget, projects, tasks, inventory, customers, and resource management.
What Makes Monday.com Software Important for Small Businesses?
For a small company, adding new software to its catalog would seem like an important decision. If you are still not assured yet, let’s take a quick look at why Monday.com software is important even project management for small businesses.
This management software is very important for small businesses. Why? Because it is very easy to miss the most important things when you are busy with your daily activities. Some managers and operators can’t see the forest instead of the trees.
To remain competitive in the marketplace, you need to run your business as efficiently as possible. You can never afford to waste time and money on unnecessary things. This is where management software comes in handy.
From the Monday.com demo, it has mentioned that in less than a year, many small businesses have revenue from $10 million to $1.3 million. How?
The smart interface from Monday.com saved more than 40,000 manual steps per month. This way, the managers and team members would not have to waste time copying and pasting data, sending email updates, or doing other non-essential tasks.
Yes, many businesses software options boast “automation.” But without the right integrations, features, and customizations, that automation doesn’t matter. If it cannot help your unique business process, it will likely be a waste of time to try to make the switch.
What Features Are Offered by Monday.com for Small Businesses?
Inventory Management Feature
The main important thing small businesses need is inventory management. Without an inventory tracking system, tracking inventory or equipment can be nearly impossible. Each company has different inventory and requirements.
Thus, without this tool, your business is going nowhere. In Monday.com software, you would get fully customizable templates, integrations, and automation tools. All these would allow you to create the perfect inventory management software for your needs.
Customer Relationship Management (CRM) Feature
Have you ever thought about your customers? Tracking them is very important to your business. You need an overview of all interactions in the lead generation phase. Yet, about 76 percent of customers hate having to repeat themselves on another channel or in another place.
In this regard, those companies that can deliver consistent experiences can earn long-term loyalty. You should consider previous interactions between customers or companies and leads. To do this, you need an affordable one-stop report on your customer relationships.
Once more, Monday.com helps your business. The platform assists you to build the CRM software you need by using custom templates and integrations. In this way, relationships and interactions can be tracked easily, whether they occur on social networks, face-to-face, or over the phone.
Resource and Asset Management Feature
You surely want to manage all your large assets and resources. For example, if you own a building or apartment, you need to make sure that they do not have the same date of use. Besides the inexpensive cost of Monday.com, this software offers the best resource and asset management feature to help you in this matter.
Task and Project Management Feature
Instead of assigning tasks to your team members, you should have full control over all projects at any given time. That’s why you need the project management capabilities and collaboration tools. On Monday.com, you could get real-time status tracking for your task and project management.
Read Also: Why Miro Had Been So Popular Till Now?
The Benefits of Using Monday.Com
Before we jump into Monday.com cost, let’s discuss the benefits your small business could get from using this software.
Helps You to Quickly Customize Everything According to Your Workflow
The template library from this software gives you access to over 200 templates. This applies to different industries and use cases. Thus, you could quickly and easily customize the template to fit your existing workflows and make transitions easier.
On Monday.com software, you could also use custom widgets to create dashboards that display the status of multiple projects. In this way, you could keep all your data in one place and stay up-to-date with a dashboard.
Offers Secure Schedules by Automating Work Orders
Monday.com demo shows how it enables you to automate work orders and other non-essential tasks with powerful automation and integration tools. For example, when an element changes to “ready to edit”, you could automatically assign it to the editor.
Even better, with more than 40 integrations, you could also automate tasks across multiple platforms. For example, when you get an email request, it can be automatically assigned to the right person.
Speaking of Monday.com pricing plans, the software offers beneficial plans ranging from $8 to $16 monthly. The best part, you could also get a free trial!