Compare monday.com and FinancialForce PSA - Feb 2023

Shlomi Lavi

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Bottom Line: Which is Better - monday.com or FinancialForce PSA?

FinancialForce PSA is more expensive to implement (TCO) than monday.com, and monday.com is rated higher (98/100) than FinancialForce PSA (82/100). monday.com offers users more features (35) than FinancialForce PSA (10). There is a clear winner in this case and it is monday.com!

Looking for the right Project Management solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

monday.com Vs. Financial Force

monday.com: Founded in 2012 and launched as an independent startup in February 2014, monday.com is a tool that transforms the way teams work together. Our mission is to help teams build a culture of transparency, empowering everyone to achieve more and be happier at work. We're obsessed with building an excellent product, and our goal is to create a tool that ...

Financial Force: FinancialForce.com is the cloud applications company. We focus 100% on building business applications for Force.com, the world’s leading cloud computing platform from salesforce.com. Our applications include Accounting, Billing, Professional Services Automation (PSA) and Services Resource Planning (SRP). We serve fast-growing organizations as well...

Who is more expensive? monday.com or FinancialForce PSA?

The real total cost of ownership (TCO) of Project Management software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for monday.com and FinancialForce PSA.

monday.com price starts at $10 per seat/month , On a scale between 1 to 10 monday.com is rated 4, which is lower than the average cost of Project Management software. FinancialForce PSA price starts at $10 per month , When comparing FinancialForce PSA to its competitors, the software is rated 8 - higher than the average Project Management software cost.

Bottom line: FinancialForce PSA is more expensive than monday.com.

Which software includes more/better features?

We've compared monday.com Vs. FinancialForce PSA based on some of the most important and required Project Management features.

monday.com: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Basic Reports, Chat, Customizable Categories, Dashboard, HR Analytics, Human Resources, Employee Onboarding, Workforce Management.

FinancialForce PSA: Budget & Expense Management, Collaboration, Issue Tracking, Project Management, Resource Management.

Target customer size

Monday. This solution is aimed at companies that have a large number of professionals to manage, businesses that need to automate their entire process of interacting with customers and to manage their financial resources.