Top 6 Project Management Software for Finance Projects
Discover the best project management software to automate multiple accounting tasks, collaborate with your finance teams, and set reminders to ensure you never miss important deadlines.
Let’s get you started with our top five picks!
Monday
ClickUp
Teamwork
Asana
Wrike
Project management tools are the best approach for managing complex projects and ensuring successful delivery. They help project managers automate tasks, monitor the project timeline and budget, and create reports for any financial situation.
Yet there are many options available today. However, choosing our top picks for the best project management software allows you to break down financial projects into smaller, manageable tasks to streamline workflows.
Project Management Software for the Finance Industry
Here’s our list of the best financial project management software in 2023.
- Monday – Best Overall
- ClickUp – Best for Multiple Assignees
- Teamwork – Best for Time Tracking
- Asana – Best for Complex Projects
- Wrike – Best for Visibility
- Basecamp – Best for Remote Teams
1. Monday
Best Overall Project Management Software for Finance Projects
- Intuitive user interface
- Free plan with 200+ templates and unlimited docs
- Unlimited boards, seats, and items with paid plans
- Free version with two users only
Monday.com is an award-winning platform with over 180,000 customers worldwide who rely on it to streamline simple and complex financial services for optimal business growth. All that is possible through customizable dashboards and widgets that give you a high-level overview of your organization. Therefore, you can easily track progress and create financial reports to ensure you stay on track and within your project budgets.
Monday.com is the best financial project management software that enables managers to create project budgets for multiple departments and visualize everything efficiently with various views. These views include the Kanban board, Gantt chart, timeline, calendar, map, and workload.
To get started, you can select from over 200+ templates and customize any template design to suit your requirements for financial services. Also, customize any workflow to fit your team’s needs to boost alignment, productivity, and efficiency.
Key Features
Dashboards
Use custom dashboards to get total visibility and control over your project data in one location. You can access real-time project budget estimates, schedules, resources, and goals to make the right decisions quickly and efficiently.
Automations
You can automate recurring tasks by setting up customizable automations within minutes, saving your finance teams from the trouble of doing simple tasks manually. You’ll be able to create the perfect workflow and send automatic task reminders via email to keep your team aligned always.
Multiple Views
Give your team members the freedom to select their preferred view when managing projects to increase efficiency and productivity. You can choose Kanban boards that use cards and columns to manage projects or tasks. Or use Gantt charts, a project timeline view that lets you see all your projects' start and end dates.
Project Budgeting
Track project budgets using the Number Column that helps you calculate expenses, the number of hours spent on a task or project, or any other figures. You can filter the board by project status, keyword, or person to ensure you’re on the right track.
Integrations
Bring your team’s work into one place by integrating your favorite business tools like Outlook, Dropbox, and Slack. Doing so ensures all your financial work is done on time by eliminating silos when team members switch from one application to another.
Pricing
- 3 Work Boards
- 2 Team Members
- Unlimited Docs
- 500 MB Storage
- 200+ Project Templates
- Unlimited Boards
- Unlimited Team Members
- Unlimited Viewers
- 5 GB Storage
- 1-Week Activity Log
- Calendar, Timeline, Map Views
- 250 Actions for Automations
- 250 Actions for Integrations
- 20 GB Storage
- 6-Month Activity Log
- Unlimited Guest Access
- 25000 Actions for Automations
- 25000 Actions for Integrations
- 100 GB Storage
- 1-Year Activity Log
- Dedicated Customer Agent
- 250000 Automations
- 250000 Actions for Integrations
- Enterprise Analytics
Read more Monday pricing or Monday review
Monday.com offers an Individual Free Forever Plan with basic features like two team members and three boards for individuals looking to keep track of their work. They also offer a 14-day free trial for testing out the premium plans.
The paid plans are:
- Basic Plan is perfect for small businesses with unlimited items, and you can invite unlimited viewers with read-only access to your boards.
- Standard Plan is ideal for financial businesses with multiple projects since they can create a dashboard that combines up to five different boards.
- Pro Plan is the best for medium-to-large businesses and comes with over 25,000 automation actions per month for streamlining complex workflows.
- Enterprise Plan is ideal for large organizations that require enterprise-grade features and premium support.
2. ClickUp
Best Project Finance Management Software With Multiple Assignees
- Free forever plan with unlimited tasks
- 15+ customizable task views
- Supports multiple assignees
- Requires a steep learning curve
ClickUp is a cloud-based platform that supports multiple assignees, which enables you to assign tasks to numerous individuals and uses powerful automations to get them done fast. You can eliminate busy work and quickly collaborate with your finance team by automating routine tasks and sending reminders to keep everyone on track. Managing budgets has never been simpler because you can use lightning-fast spreadsheets and highly visual boards that bring all your reporting tools into one location.
ClickUp is the best project finance management software because it provides everything you need to manage your accounts, track financial goals, and calculate your profits. You can achieve this by building custom dashboards to see your budget allocations, actual spending, and profits.
Use the recurring tasks feature to hit every financial deadline. The platform automatically creates a new task for the next month when a monthly bill is marked as complete. Also, you can use the software to delegate tasks to multiple assignees, set due dates and task reminders, and track progress for any budgeting project.
Key Features
Multiple Views
Tackle any financial work from any angle with 15+ powerful views like Gantt charts, whiteboards, and timelines. Also, you can use different task views to rank project initiatives based on sales, customer retention, marketing efforts, and operational efficiency.
Customizations
Manage projects of all sizes by customizing everything using task automations, custom fields, triggers, or sprint points. Save time by choosing deliverable templates for specific team use cases or use pre-built automation recipes that you can customize to suit your financial services needs.
Team Collaboration
Select a task management system that promotes collaboration with core features such as creating recurring tasks, setting reminders, and allowing mentions or comments. With the multiple assignee functionality, project team members can work on the same task simultaneously.
Real-Time Reporting
Get updates on the project’s status by adding project indicators and reporting tools to dashboards. You can also add widgets for team members, time tracking, statuses, docs, and milestones to allocate resources effectively and spot bottlenecks before they occur.
1000+ integrations
Access everything you need when managing projects by integrating with over 1000 favorite business tools like Slack, Google Drive, and Harvest. Use ClickUp API to build custom integrations and add valuable features to manage projects effectively.
Pricing
- 24/7 Support
- 100 Automations/Month
- Built-in Time Tracking
- Kanban & Calendar View
- 100 MB Storage
- Live Chat Support
- 1000 Automations/Month
- Guest Access Control
- Unlimited Map & Gantt Views
- Unlimited Storage
- Unlimited Dashboards
- 10000 Advanced Automations/Month
- Unlimited Teams
- Timesheets Integration
- Unlimited Timeline Uses
- Priority Customer Service
- 25000 Pro Automations/Mo
- Unlimited Subtasks in Multiple Lists
- API calls: 1000/Minute
- Custom Capacity for Workload
Read more ClickUp pricing or ClickUp review
ClickUp offers a Free Forever Plan with five spaces, 100 MB of file storage, and unlimited tasks.
The paid plans are:
- Unlimited Plan is best for small teams and offers unlimited spaces, file storage, and integrations.
- Business Plan is ideal for mid-sized teams requiring advanced dashboards and automation features for streamlined workflows.
- Business Plus is perfect for multiple teams since it provides custom role creation, permissions, and team sharing.
- Enterprise Plan is suitable for large teams that require enterprise-grade features like white labeling, unlimited custom roles, and team sharing for spaces.
3. Teamwork
Best Free Financial Project Management Tool for Time Tracking
- There is a free plan and a free trial available.
- Unlimited tasklist templates
- Multiple project views on all plans
- Lacks a built-in messaging board
Teamwork is designed specifically for professional services teams since you’ll never miss a billable minute, even when managing multiple complex projects. The platform has an advanced time tracker that lets you see where and how your time is spent to ensure that projects or tasks are done on time. What’s more? You can manually record time in bulk through timesheets and create detailed time reports to deliver work to clients on time and within budget.
Teamwork is the best project finance management software trusted by over 20.000 companies worldwide and has top use cases in client management, project planning, and resource management. The best part is that you can request a free demo or use the free plan or trial to test the platform and see how it works.
Additionally, you can manage all of your client's financial work with the help of core features like billable time tracking, billing and invoicing, intake forms, unlimited client and collaborator access, and custom branding.
Key Features
Time & Budgets
Use time tracking to understand how much time is spent on specific projects or manually log time using timesheets to keep everyone accountable and impact operational efficiency. For expense tracking, you can create a custom budget for each project and track hours and money spent.
Resource Management
You can forecast resources for future projects and assign tasks or responsibilities to the appropriate team members. To avoid unnecessary delays or bottlenecks, create project schedules and milestones to let everyone know what to expect and by when.
Files & Versioning
Create a centralized repository for project documents and other important files and upload updated versions to maintain clear visibility of all work items. Your project data will always stay up-to-date and protected from any unauthorized access.
Collaboration
Get your team and clients on the same page through proofs, which promote discussions, revisions, and final sign-off before marking a project completed successfully. Use the comment section, messages, and docs to promote collaboration between project team members and clients.
Reports
Track project progress using comprehensive reports that help show the project's health status, time usage, and profitability. You can even create a custom report for any occasion by rearranging your data based on projects, tasks, team members, or milestones.
Pricing
- 5 Users
- Different Project Views
- 2 Project Templates
- Time Tracking & Dashboards
- 2 Projects & 100 MB Storage
- Customer Support
- Gantt Filtering
- 10 Project Templates
- 500 Automations/Month
- 100 Projects & 50 GB Storage
- Unlimited Client Access
- 3 Custom Fields
- 20 Project Templates
- 1000 Automations/Month
- 300 Projects & 100 GB Storage
- Project Budgeting
- Unlimited Custom Fields
- 50 Project Templates
- 2000 Automations/Month
- Workdown Capacity
Read more about Teamwork pricing
Teamwork offers a Free Forever Plan for small teams of up to five users with advanced features like setting dependencies, tracking milestones, and adding task-level tags.
The paid plans are:
- Starter Plan is perfect for financial teams requiring more monthly automation actions, storage, and integrations.
- Deliver Plan is ideal for small businesses that need more robust features like team management, project status reports, and unlimited client users.
- Grow Plan is best for large teams managing complex projects using workload and capacity management, powerful reports, and advanced budgeting features.
- Scale Plan is ideal for enterprises and offers a free demo for testing features like resource scheduling, retainer management, and profitability reports.
4. Asana
Best Free Project Management Software With Unlimited Project Tasks
- Free version with up to 15 users
- Workflow Builder for automating processes
- Advanced search and reporting capabilities
- Built-in time tracking is only available on Business Plan
Asana is the best platform for cross-functional work and helps all types of professional teams achieve a common goal. The platform connects complex projects across financial teams using their Workflow Builder, a visual tool that streamlines projects in one place. You can create custom project templates that simplify duplicating existing processes or workflows, saving time for more significant problems. Also, create work request forms to prioritize requests when your team is managing multiple project tasks.
Asana is the best financial project management software that offers the most generous free plan with unlimited project tasks, messages, and activity logs. In addition to the features mentioned, the free version includes different task views and 100+ integrations.
You can request a free demo to see Asana in action, but you’ll be prompted to fill out a form with your name and business details. Watch the free demo video to understand how this task management tool helps you plan, manage, and automate multiple tasks to achieve clear financial goals.
Key Features
Workflow Builder
Create more efficient workflows using the Workflow Builder, which lets you connect teams, organize work, assign tasks, and streamline processes all in one place. Finance teams can avoid bottlenecks by automating project tasks and creating connected processes from start to finish.
Project Views
Financial teams can use Kanban-style project boards to navigate and visualize complex workflows easily. Additionally, the portfolio view helps you quickly understand a project’s financial status. Other project views are list, timeline, calendar, files, workload, and teammate view.
Team Collaboration
Through task comments, adding teammates as followers, and project statuses, this team management solution promotes collaboration when managing projects or tasks. Other collaboration tools include sending private messages to people and project & team conversations.
Admin Controls
Ensure only authorized users can access the appropriate information using admin controls based on teams, projects, and departments. You can restrict access to specific projects by granting it to only a few people, while the other team members can freely navigate the public projects.
App Integrations
You can connect with the tools your team relies on daily, such as Slack, Outlook, and Zoom. You’ll add necessary information to projects and keep your work in one place. Also, use the Asana iOS and Android mobile apps to manage or communicate with your team on the go.
Pricing
- Unlimited Projects & Tasks
- Unlimited Storage & Logs
- 100+ Free Integrations
- Status Updates
- Calendar View
- Unlimited Dashboards
- Workflow Builder
- Task Dependencies
- Task Templates
- Timeline & Milestones
- Workload Management
- Advanced Reports
- Built-in Time Tracking
- Create Custom Rules
- Premium Integrations
Read more about Asana pricing
Asana has a Basic Free Forever Plan for teams of up to 15 people and offers unlimited tasks, projects, messages, and activity logs.
The paid plans are:
- Premium Plan is ideal for small-to-medium project planning teams with advanced features like Workflow Builder, project timelines & milestones, and unlimited dashboards.
- Business Plan adds workload & portfolio management.
- Asana Enterprise Plan is perfect for large organizations that need centralized visibility, control, and support.
5. Wrike
Best Project Management Tool for Powerful Reporting With 360° Visibility
- Free plan with unlimited users
- AI-powered task management solution
- Multi-language support on all plans
- Steep learning curve because of the UI's complexity
Wrike is a task management tool with powerful templates tailored to your team, ranging from marketing to professional services. And you can save time and simplify complex processes by choosing Wrike’s pre-built templates. The analytics view provides a bird’s-eye view of your team's work in an interactive reporting dashboard to help you achieve your financial goals effortlessly. With its simple drag-and-drop interface, you can assign tasks, set milestones and dependencies, and adjust due dates instantly.
Wrike is the best project management platform for financial services that helps you streamline workflows and automate repetitive tasks for maximum productivity. You can track individual time entries to monitor budgets and ensure profitability.
The platform's effort management functionality allows you to evaluate how much effort is needed to complete particular tasks or projects. This improves resource planning and budgeting by assigning the appropriate individual or team tasks requiring more effort than others.
Key Features
Work Intelligence
Accelerate routine tasks, enhance communication, and streamline workflows using Work Intelligence, an AI-powered functionality. You’ll also get advanced insights that help you prevent delays, optimize resources, and deliver work on time.
Collaboration
Before turning document ideas into practical tasks, collaborate and request approvals from internal and external stakeholders. You can upload files, cross-tag teams, and use the proofing software to compare original files with updated versions to promote visual communication.
Gantt Charts
Get 360° visibility across all your multiple projects using Gantt charts, which enable you to oversee, adjust, and communicate project details, tasks, and timelines. You can modify Gantt charts by dragging and dropping tasks, changing dates and deadlines, and rescheduling tasks in bulk.
Time Tracking
For better resource planning, focus on billable work by tracking the hours your employees or teams spend on a project using a live timer or manually recording time. Then, sync this data with your finance systems for easy invoicing and generating financial reports.
Wrike Integrate
Connect your existing workflows with 400+ cloud and on-premises apps to add more capabilities. You can integrate with business tools like Salesforce, HubSpot, and Slack and access everything from one location to boost your team’s productivity and efficiency.
Pricing
- Unlimited Users
- AI-Powered Processes
- Custom Work Views
- Different Project Templates
- Available in 8 Languages
- 2-25 Users*
- 2 GB Storage/User
- Custom Fields & Workflows
- Project Dashboards
- Calendar and Gantt Chart Views
- 5-200 Users*
- 5 GB Storage/User
- 200 Automations/User
- Enhanced Collaboration
- Resource Management Features
Read more Wrike pricing
Wrike offers a Free Plan with unlimited users for people just getting started with centralized task management tools.
The paid plans are:
- Team Plan is perfect for growing financial teams and offers unlimited projects, tasks & subtasks, custom fields, and request forms.
- Business Plan is best for all teams that require extensive customizations like custom item types and project blueprints for any team use cases.
- Enterprise Plan is ideal for large financial teams seeking enterprise-grade features like custom access roles and admin permissions.
- Pinnacle Plan is best for teams with complex work demands and requires advanced tools and analytics to streamline workflows.
6. Basecamp
Best Financial Project Management Solution for Small and Remote Teams
Basecamp is a simple project management platform that helps remote and small teams working from home or in the same office collaborate and access important financial documents from anywhere. Thanks to features such as To-do lists, message boards, docs & files, schedules, card tables, and a campfire function for chatting within projects.
You can get a clear bird’s-eye view of all your projects to see which team member is working on what, set due dates, and view completed and upcoming projects. Then, create financial reports to track project progress from start to finish efficiently.
Key Features
Comprehensive Dashboard
View your logo, projects, schedules, and assignments on a simple screen using the home page. There is a task calendar that shows all your schedules and any upcoming events. You can re-order your most important projects or use the list view to access any project quickly.
To-Dos
Use powerful to-do lists to track project progress, deadlines, and responsibilities. You can create as many to-do lists as you wish, assign tasks, and get notified when assignments are complete or overdue. Turn on Hill Chart tracking for each to-do list to get a visual view of progress over time.
Message Boards
Keep the entire conversation about a specific project or topic on a single page where team members or select individuals can access it. You can even upload files or add embedded images to your messages to promote team collaboration by ensuring everyone is on the same page.
Campfire
Ask questions about a particular financial task or any topic and get quick answers from other team members through Basecamp’s real-time group chat. You can mention people to get their attention and attach files, quotes, and code samples to your question.
All Access
Anyone in your Basecamp account can access a task view of all projects, schedules, and message boards by joining through a shareable link. You can share the link to any to-do list, document, or message with your financial team to collaborate seamlessly.
Pricing
Basecamp offers two paid plans, each with a 30-day free trial. They include:
- Basecamp Plan is ideal for smaller financial teams and offers 500 GB storage for files & documents and free invites for guests.
- Basecamp Pro Unlimited Plan is perfect for larger businesses and has unlimited users and 5 TB of file & document storage.
Pros
- Unlimited projects
- Offers a paid plan with no per-user charges
- You can invite guests for free
Cons
- Lacks a built-in Gantt chart project view
Find The Right Project Management Tool For Your Finance Team
From our software advice and reviews, you can be confident enough that you’ll land the best project management software for your finance team.
You can track progress, plan budgets, and create financial reports to ensure your business streamlines all workflows and reaches maximum profitability.
What’s more? You don’t have to break the bank because you can use free project management tools or sign up for free trials to take complete control of your financial projects.
Here are our top project management software options for the finance industry again:
Monday
ClickUp
Teamwork
Asana
Wrike
Explore Further
- What Is Digital Project Management?
- ClickUp vs. Monday.com
- ClickUp vs. Asana
- Asana vs. Monday.com
- Wrike vs. Asana
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Martin Luenendonk
Martin loves entrepreneurship and has helped dozens of entrepreneurs by validating the business idea, finding scalable customer acquisition channels, and building a data-driven organization. During his time working in investment banking, tech startups, and industry-leading companies he gained extensive knowledge in using different software tools to optimize business processes.
This insights and his love for researching SaaS products enables him to provide in-depth, fact-based software reviews to enable software buyers make better decisions.