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monday.com Pricing 2021 – is monday.com Good Value?

 3 years ago
source link: https://tech.co/project-management-software/monday-review
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monday.com Pricing 2021 – is monday.com Good Value?

monday.com pricing starts from just $8 per user per month, but is it worth spending more to get additional features?

Duncan Lambden February 2nd 2021 8:04 am

With monday.com pricing plans beginning from just $8 per user, per month for the Basic tier, monday.com is one of the best value project management tools around. There's also a handy free trial for monday.com available to let would-be users give the software a try for themselves first.

How much will monday.com cost for your business? That's ultimately a question of how many users you'll have on the platform, and which tier you choose – there will be price differences depending on the features you need.

For example, the Basic tier won't suit everyone – in our opinion, most small businesses will find better value in monday.com's Standard tier, which begins at $10 per user, per month. It's a small difference compared to the Basic plan, but you'll get a few more key features for your money.

In this guide, we'll explain the pricing and benefits of each of monday.com's plans, and help you decide if this is the right project management software for you.

Tier Name
Pricing per User
Pricing for 10 Users
Features
Best value for money

$8/month

$10/month

$16/month

Bespoke plan – price is based on what you build

$79/month

$99/month

$159/month

Bespoke plan – price is based on what you build

  • Unlimited boards
  • 200+ templates
  • Over 20 column types
  • Unlimited free viewers
  • iOS and Android support
  • Create a dashboard based on one board
  • Timeline and Gantt views
  • Calendar view
  • Guest access
  • 250 automations and integrations per month
  • Create a dashboard that combines up to five boards
  • Private boards
  • Chart view
  • Time tracking
  • Formula column
  • 25,000 automations and integrations a month
  • Create a dashboard that combines up to 10 boards
  • Scaleable automations and integrations
  • High security and governance
  • Advanced analytics
  • Multi-level permissions
  • Premium support
Try monday.com free for yourself Free Trial

monday.com Basic Tier Pricing: $8 per user, per month; $79 per month for 10

  • Unlimited boards
  • 20 different column types
  • Android and iOS access
  • Five automations
  • One dashboard
  • Embedded forms
  • 5GB of storage

The Basic tier will cost you $8 per user, per month – or, $79 per month for 10 users. Basic is a very generous introduction to monday.com. You're offered unlimited boards, over 200 templates, and over 20 different column types.

And while you're only able to allow access to your registered team, you'll be able to give viewership to an unlimited amount of people. You'll also be given full mobile access, whether you use Android or iOS.

monday.com Standard Tier Pricing: $10 per person, per month; $99 per month for 10

  • Storage increases to 20GB
  • You can share boards with people outside your team
  • Timeline view
  • Guest access
  • Increase the number of integrations, automations, and dashboards

monday.com's Standard tier comes with all the Basic features, plus a considerable amount more, for only $10 per user, per month, or for $99 per month for 10 users. You're given guest access, meaning that external people can do more than just view your boards.

You'll also be able to up both your automations and integrations to both 250 actions a month. The amount of boards you can use on one dashboard will also be increased from one to five. Finally, you'll be given more options regarding the ways you can view your boards, as you'll gain access to both the Timeline and Gantt views.

If you want our opinion, the Standard tier is the best plan offered by monday.com. Sign up for your own plan, and start organizing your workflow today.

monday.com Pro Tier Pricing: $16 per user, per month; $159 per month for 10

  • Formula column
  • Private boards
  • Time tracking
  • Chart view
  • Increases the number of integrations, automations, dashboards, and guests

monday.com's top pre-built level is the Pro tier. This is intended for larger businesses, as the cost of $16 per user, per month – or, for $159 per month for a team of 10 – is a lot higher than the standard tier. However, if you're a bigger business, this price tag might be worth it, as your automations and integrations get increased from 250 to 25,000 each. Your dashboard can also combine up to 10 boards.

As far as brand new features go, you'll be offered time tracking, which can help you keep tabs on how long certain tasks take. You'll get your hands on chart view, which lets you visualise your data in different graphs and charts, giving you a bird's eye view of the company. Finally, you'll be able to create private boards, in case you have sensitive information that only certain people should know.

monday.com Enterprise Tier Pricing: Custom

  • A higher API rate limit
  • Higher level support
  • Audit logs
  • Further increases to integration, automation, and dashboard limits

Finally, if you don't like the look of these tiers, you can build your own! The perks we've listed above are a big vague, since the API limit and increases to integration, automation, and dashboard limits, are all up to your discretion when you're crafting your plan. Depending on what you pick, your Enterprise plan might end up costing you more than the Pro tier, so make sure you're not short changing yourself by springing for features that you don't need.

Within each tier, you can select from nine different pre-set numbers of team members, including 2, 5, 10, 15, 25, 50, 100, 200, and 200+. That's 36 different pricing options across all the tiers and team sizes – all of which are billed annually.

You can find the complete pricing list on monday.com's website. The 30-user pricing increases the first three plans' costs to $239, $299, and $479, respectively.

What is monday.com?

monday.com is a type of project management software that focuses on keeping things simple and easily visualized. It's a great tool for small teams or larger businesses looking to track priority tasklists and assign responsible stakeholders to projects.

These days, monday.com is no longer a newcomer to project management – the company has established itself quickly through some aggressive marketing and considerable investment into its product. The next big priority for monday.com is establishing its monday CRM product as a genuine Salesforce competitor. No small task.

Nevertheless, one thing it does have that is very mature is its high degree of customization. The idea with monday.com is that you can organize it to suit your needs. For example, you can rename ‘pulse' columns, drag them around into the order you like, and even add more – including some items you don't usually find, such as the ability to do sums. You can even export all that data to an Excel spreadsheet if you need to.

monday.com takes an interesting approach to project management software that allows for a great degree of flexibility in hierarchy, especially compared to other project management options. It might not satisfy everyone — it takes a stance against subtasks, for example, and it offers a workaround for dependencies using its automation feature — but monday.com's ease of use and general workability are standout benefits of the service.

What is monday.com best for? Customers have used it to dramatically increase their active projects or to improve cross-team collaboration, with one marketing firm even boosting internal collaboration by 40%.

monday.com
Monday.com Logo
Customizable platform perfect for task organization
In Short

What if spreadsheets were just as flexible as they are now, but more intuitive to use and more easily reconfigured to display data differently? When we look at monday.com, we get the feeling that this was the team's inspiration.

At first glance, monday.com looks like pretty standard project management software. There's a list view, a timeline for viewing tasks, chart views, assignees, and so on. Dig a little deeper, however, and you’ll see that monday.com is all about customization. It features drag-and-drop design, editable columns, and rows that can be used for pretty much anything.

30 Second Facts
  • scorecard-fact-default-icon.png
    Established: 2012
  • scorecard-fact-default-icon.png
    HQ: Tel Aviv, Israel
  • scorecard-fact-default-icon.png
    High customizability
  • scorecard-fact-default-icon.png
    Limited third-party integrations
  • scorecard-fact-default-icon.png
    Large number of pricing options
Gallery Click to expand

Features of monday.com

monday.com does its best to eschew built-in hierarchies, allowing users to create their own, but some kind of predetermined data organization is inevitable. Like other project management tools, it starts with the Team at the very top.

Below that are what monday.com calls boards. This is akin to different company departments, or different clients for service-based businesses. Within each board are ‘pulses,' which (as we explain below) can be used for single tasks or entire projects. Pulses can also be grouped together to create lists.

monday.com offers a dashboard view, allowing users to get a global view of their various boards with bar charts, timelines, and so on. Other key features include helpful global and board-specific search tools, and the ability to share boards with people outside of the company (such as freelancers).

Here's a look at three key features of monday.com.

Customizability

monday.com doesn't have tasks – at least, not as we usually understand them. Instead, monday.com uses what it calls ‘pulses.'

Pulses are blank slates that can accept all kinds of information. You could, for example, use one pulse for an entire project, and then use the integrated checklists feature as your task list, or attach a simple text file with all your tasks. That approach wouldn't be ideal for huge projects, but might be ideal for simpler ones.

Each pulse also features an activity log, comments, a section to create an FAQ, and the ability to attach files. monday.com also lets you customize pulse columns, making them act more like templates. The “People” column, for example, can be renamed to “Assignee” or “Lead” depending on what's appropriate for the situation. Better still, if your tasks needed to have both assignees and leads, you could add two people columns to your pulses. The bottom line is that you can mold pulses into a container of information that suits your needs.

Automations

monday.com can also carry out particular actions when something happens through a feature called automations. Like customizations, automations are similar to IFTTT, and allow you to create an automated task in plain language. For example, you can set up an automation that will notify your manager when a pulse's status changes from “in progress” to “done.” This automation is what monday.com suggests you can use in lieu of dependencies.

Automations have their limits. In the version of monday.com we used, you couldn't set automations for specific pulses, such as “when Task 1 is done, alert person in charge of Task 2.” Our way around this was to add a new status column, rename it “dependency”, and then edit it to have only two statuses: “not ready” and “ready.” We then created an automation to notify another team member when the dependency column changed from “not ready” to “ready.” That way, only tasks using the dependency column would activate this automation. In other words, our solution worked, but required more complexity than some users may be happy with.

Third-party integrations

monday.com doesn't offer traditional third-party integrations the way other services do. Usually, you hook up services like Gmail or Slack, and then start using them with all supported features available. Instead, monday.com's integrations are another extension of the company's “customize everything” ethos. Each supported integration includes various features that you can activate a la carte, using plain language scenarios similar to the website IFTTT (if this, then that).

The Gmail integration, for example, allows you to create a new pulse when an email is received from a particular contact. Alternatively, you could use a Slack feature that notifies people in a particular channel (chat room) when a new pulse is created. If all you need from Slack and Gmail are these two features, then that's all you have to add.

Verdict: Should You Pay for monday.com?

monday.com should be a top consideration for anyone who wants a highly flexible project management tool with a lot of do-it-yourself customizability. That said, customizability is a double-edged sword, and the added complexity of some tasks may add up to a larger learning curve than some might like.

Overall, pricing is fair, and features and support are both high quality. While you can find some bargains in the lower pricing tier, we recommend the Standard tier, as it's only an additional $20 a month, for far more flexibility and storage. While the pro does offer a solid amount of add-ons, $159 is a considerable amount to spend, so you should at least start at a lower tier, then upgrade if you feel it's necessary.

Yes – in fact, we'd argue that monday.com is among the best project management software choices you can make. It's an ideal option for small teams, growing businesses or even individuals looking to so smarter project planning. With a simple interface and clear line of sight on what everyone is working on, and what stage tasks are at, monday.com focuses on making things easy for users. Better still, it's great value, with prices starting from just $8 per month. The only teams we would argue won't benefit from monday.com are digital and tech teams looking for project management software – we would recommend Jira every time for such scenarios.
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Duncan is an Australian-born writer for Tech.Co. His articles focus on software that allows small businesses to improve their efficiency or reach, with an emphasis on email marketing or accounting. In his free time, Duncan loves to deconstruct video games.


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