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monday.com Pricing & Plans

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monday.com Pricing & Plans

monday.com Pricing & Plans

HC

Admina Team

2023/08/14

What is monday.com

In this comprehensive guide, we delve into the assorted pricing options and plans offered by monday.com, a leading project management tool. Whether you are a small business looking for efficient ways to streamline your tasks, or a large corporation hunting for more productive collaboration solutions, our article will provide detailed insight about the various packages available and their respective costs from monday.com pricing We will also shed light on any additional benefits and features included in these plans, to assist you in making an informed decision suited to your business's specific needs.

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Monday.com is a robust project management tool geared towards helping teams effectively manage tasks, collaborate easily, and track project progression. This solution streamlines workflows and simplifies work management with its comprehensive toolbox of applications. Developed as a cloud-based platform, it leverages intuitive, visual interfaces and dynamic features to centralize all work processes.

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Broadly, Monday.com was initially created as a collaborative tool for team tasks. Since then, it has grown into a multi-functional platform supporting an array of business-processes. These include project management, customer relationship handling, human resource management, and software development, among others.

Source:Adobe Stock

Dubbing itself as a Work Operating System (Work OS), Monday.com enables users to design workflows as per their unique use-cases, either by utilizing pre-existing templates or crafting new ones from the fundamentals. Its adaptability caters to businesses of all types, sizes, and industries.

It stands out by offering real-time updates, streamlining communication, keeping track of deadlines, facilitating file sharing, and fostering in-team discussions. By converging all elements of work management under one highly customizable digital roof,Monday.com makes remote work manageable and positively impacts overall productivity. Whether you have a software development team or a marketing project,Monday.com offers a unified solution effectively.

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monday.com Pricing Plans

Monday.com, a potent project management tool, has meticulously crafted five distinctive pricing plans to cater to divergent needs. These include the Individual, Basic, Standard, Pro, and Enterprise packages. Intriguingly, the Individual plan is the free version, although it offers limited features, suitable for solo entrepreneurs or freelancers.

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The Basic plan, priced at $8/user/month, is tailored to meet the needs of small teams just starting to navigate work management. The Standard package, available at $10/user/month, not only provides elementary features, but also introduces automation and visualizations. Those eying advanced reporting and time tracking proficiencies can opt for the Pro plan that comes for $16/user/month. Meanwhile, for a comprehensive corporate solution, the Enterprise plan's price is customized in accordance with your requisites.

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Each package's cost is calculated for a team of 5 but can be adjusted as per the team size, which ranges from 3 to 200+ members. The listed prices, applicable for annual payments, additionally offer an 18% discount on each opted plan. An encouraging feature is the 14-day free trial that requires no credit card details, allowing businesses to optimally evaluate and choose a pricing plan that aligns with their budgetary constraints and operational needs. Non-profits and educational institutions are eligible for exclusive discounts. Make your choice today and experience effective project management with Monday.com.

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monday.com Individual Plan

The monday.com Individual Plan is perfectly suited for individual users looking for a platform that optimizes and enhances task and project management. This versatile and intuitive platform provides unmatched functionality and organization, turning even the most complex tasks into manageable projects. From managing daily tasks to juggling intricate projects, this platform allows users to establish and monitor priorities simply and seamlessly.

From an aesthetic standpoint, it offers visual and customizable team management capabilities, including easily adjustable timeline and kanban views. Its cross-device syncing ensures up-to-date and accurate project data, regardless of your location or preferred device.

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The monday.com Individual Plan supports you in transforming your workflow visualization while managing tasks efficiently. It eases the solo journey toward boosted productivity. This plan, available free of charge for up to two seats, is perfect for individuals who need to streamline and keep track of their work.

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You'll have access to a wide variety of features such as unlimited boards for data organization, unlimited document storage capabilities, unlimited docs, customizable templates, and a vast array of column types to enhance your board's presentation. However, note that additional seats beyond the two free ones carry a charge. Last but not least, the monday.com Individual Plan offers dedicated iOS and Android apps to help you stay productive and updated no matter where you are.

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monday.com Basic Plan

The 'monday.com Basic Plan' is an efficient organizational tool specifically designed to optimize project management and invigorate team collaboration. This plan priced affordably at $8 per seat per month, and costing only $40 per month for a team of five members on an annual basis, offers multiple advantageous features constituting an enhanced toolset geared towards streamlining team's work under one accessible platform.

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Among these key features, the Individual plan feature incorporates unlimited boards, unlimited documents, 200+ templates amongst others, offering maximum flexibility and optimized control over organizational channels. The 'monday.com Basic Plan' also offers the freedom to invite unlimited viewers to access sharable or private boards, ensuring widespread involvement while securing the content's integrity against unauthorized alterations.

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The plan concedes the addition of unlimited items, supporting an unbounded volume of data input from tasks, projects, or customers. A hefty storage allowance of 5 GB caters to a multitude of images, documents, and crucial files, providing ample space required for effective project management.

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The prioritized 24/7 customer support service is an inclusive feature of the 'monday.com Basic Plan', signifying the commitment to deliver comprehensive and immediate after-sales assistance. The Basic Plan further allows the creation of a single dashboard that can encapsulate information from one board, serving as an intuitive tool for insight extraction and informed decision-making. As such, the 'monday.com Basic Plan' stands as an ideal cloud-based solution for small to medium-sized firms aiming to reorganize their work protocols for improved productivity.

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monday.com Standard Plan

The Monday.com Standard Plan catered to meet the demands of medium-sized teams is a focused solution to amplify their productivity. Priced at a reasonable $10 per seat each month, it offers a plethora of versatile features. Thus for a team of five, it costs just $50 per month, billed annually. This cost-effective plan enables superior collaboration and process optimization.

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The Basic plan features, including unlimited free viewers, endless documents, and boards, along with 200+ templates, make up the foundational benefits of this plan. Additionally, the exclusive Gantt and timeline views enable real-time tracking of projects, providing a transparent picture of the progress timeline.

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The Calendar view, designed meticulously, aids in effectively managing all forthcoming tasks via a user-friendly interface, visualizing all activities in one place. The integration with outside users has been made seamless by providing guest access to the board for up to three users.

Additionally, this plan automates manual, repetitive tasks, offering more time for value-adding work. Equipped with 250 automation actions monthly, the scope for optimization is significant.

Moreover, with 250 integration actions per month, you can sync several tools such as Google Drive, Dropbox, and Excel, fostering seamless work and great project management solutions. You can combine up to five boards on your dashboard in the Standard Plan, going beyond which is billable, thus offering a holistic and comprehensive project management solution.

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monday.com Pro Plan

Monday.com's Pro Plan, priced at $16 per seat/month or $48/month (for a minimum of 3 users) if billed annually, is a premium offering tailor-made for sophisticated team management operations. For a 5-member team, it comes at an affordable $80 per month billed annually. This plan's mission is to streamline and manage your team's complicated workflows with superior efficiency.

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Uniquely packaged, the Pro Plan houses all features from our earlier plans – Individual, Basic, and Standard – and adds more to the mix. The Standard section of paid plan, for instance, carries all elements of the Basic plan, which in turn hosts features of the Individual plan.

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One of its prominent features includes Private Boards and Docs, allowing users to create personalized boards, accessible only by them or others based on invitation. It elevates privacy and customizability to a new level.

Another notable inclusion is the Chart View, allowing users to analyze their workflow trends and make informed decisions.

For task management, the Time Tracking feature records and displays the time invested in each task. Furthermore, the Formula and Dependency Columns are useful toolkits that assist in computing functions and establishing column relationships.

Automation and Integration are crucial pillars of this plan- with up to 25,000 actions/month for each, paving the way for smart workflow management. You also receive a comprehensive Dashboard, holding up to 10 boards to keep track of project progress of various projects and tasks.

With the Pro Plan byMonday.com, you are equipped with a complete, integrated, and efficient team management solution.

Source:Adobe Stock

monday.com Enterprise Plan

Monday.com's Enterprise Plan is a prestigious, wide-ranging solution intentionally engineered to streamline, arrange, and heighten intricate organizational processes. This plan is specifically molded for substantial corporations requiring copious enterprise-level features and functionalities.

The extensive offerings include the features of the Individual, Basic, Standard, and Pro plans. It enables an elevated level of large-scale automation and integration actions, capable of reaching up to 250,000 each. The premium security and governance setting includes high-level user management controls and the innovative Panic button, designed to temporarily block your account if there's a risk of compromised credentials.

How about invaluable insight? You'll have that too, thanks to the robust reporting and analysis capabilities this plan allows. The extensive user permissions grant full program control at every level, ensuring strict access and use limitations.

For a seamless operation, customized onboarding and top-tier support are extended to users, providing personalized client service for a smooth transition and continuous assistance. With up to 50 modifiable boards allowed on the dashboard, the platform can be tailored to align perfectly with your company's workflow.

By concentrating its efforts on fostering collaboration, scalability, and security, the monday.com Enterprise Plan provides a platform for large-scale organizations to optimize productivity and business efficiency, thus making it an ideal choice for organizations needing a hefty set of sophisticated features.

monday.com vs. Competitors

Navigating team projects and workloads can be complex; nonetheless, platforms like monday.com prove useful. This tool stands out due to its intuitive, customisable interface, designed to make team collaboration and task handling a breeze. Other project management tools such as Asana and Trello present comparable features, but monday.com’s strength lies in its high degree of personalisation. This allows users to tailor their work boards and modify their view to cater to specific project parameters. monday.com also takes the lead with its automated workflow features, an aspect not offered by many of its counterparts. It harmonizes well with widely-used apps like Slack and Google Drive. However, its high pricing places it on the higher end of the project management tools spectrum, making it costlier than its competitors.

Project management software offers a variety of pricing for pro and enterprise plans. monday.com, Trello, and Asana are highly-rated tools in this sector, with ClickUp, Asana, and Trello providing a more generous range of free services compared to monday.com.

Despite the benefits it offers, monday.com’s free plan has limitations, including a cap of two users per account, making it more suitable for solo workers tracking their projects.

Small differences, such as pricing, basic features used, and flexibility, can make a significant impact as every project management platform varies in design, making some more suitable for specific kinds of projects.

ClickUp’s Unlimited plan and Trello’s Standard plan are considered to be the most cost-effective amongst lower-tiered annual plans at $5 per user per month. Trello’s Standard plan tops the chart for monthly plans at $6 per user per month, against ClickUp’s $9 per user per month.

monday.com and Asana’s premium plans are pricier, starting at $8 per user per month, and $10.99 per month per user, respectively, when billed annually. monday.com requires a minimum of three users per subscription, meaning an annual expenditure of at least $288. Their most popular Standard plan costs $10 per user per month, while Asana's equivalent basic tier comes at over twice the cost of ClickUp’s and Trello’s paid subscriptions.

Conclusion

In conclusion, monday.com offers diverse pricing plans that cater to a range of business sizes and needs. From basic packages to highly customizable ones, all are designed to enhance team collaboration and project management. In this guide, we've explored these different plans in depth, highlighting cost, features and potential benefits. Based on this understanding, your business can identify the most suitable package for your specific needs and budget, thus optimizing operational efficiency and productivity.

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