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Vendr Category
Project Management
Best Time to buy
March, June, September, December
Software Categories

Monday.com Pricing

Monday.com is a robust project management tool with a pricing structure that caters to a variety of business sizes and budgets. The pricing for Monday.com ranges from $8 to $44 per user per month, influenced by the specific plan chosen and the total number of users. For smaller teams or single users evaluating the platform, Monday.com also offers a 'free forever' option. It's worth noting that Monday.com has implemented a pricing increase in October 2022 which might affect the cost moving forward.

Volume discounting and tiered pricing are part of Monday.com's strategy to accommodate different business needs. With different pricing tiers, users can access a multitude of features and storage capacity depending on their organization's requirements. Billing terms, product uptime, potential for plan upgrades or downgrades and consideration for usage overages form part of the comprehensive cost considerations for prospective buyers. Insight suggests that there are also negotiation opportunities available for pricing with Monday.com.

Monday.com Negotiation Insights

When negotiating your Monday.com contracts, understanding the discount levers and key commercial items can be valuable for cost optimization. Here's what you need to know:

Discount Lever

One common discount lever for Monday.com involves multi-year commitments. A longer-term contract may give you leverage to negotiate a lower price over the period. Ensure you plan usage accurately to avoid overcommitment.

Commercial Item

Monday.com's add-ons such as automation, integration, and advanced reporting can impact the final cost. Be mindful of these elements during the negotiation process. If there are features you don't need, eliminating them could assist in reducing the overall cost.

To access more comprehensive negotiation insights featuring a variety of discount levers and commercial items for Monday.com, sign up for a free forever Vendr account. Inside the Vendr platform, you would get access to in-depth insights to strengthen your negotiations with Monday.com, along with analysis of its competitors like Airtable, Asana, ClickUp, Notion, and Smartsheet.

Community Insights for Monday.com

Gaining insights from the experiences of others can be incredibly valuable when considering a SaaS product like Monday.com. Here are the two most recent insights shared by our community:

  1. "The supplier offered us flat pricing on a 1-year term. We also had Net 60 payment terms approved, providing us with more flexibility." - Community Insight was posted 1 month ago.
  2. "We were able to get a 28% discount on a 1-year term approved after some pushback. We also had Net 30 payment terms approved as well as removing the auto-renewal, providing flexibility for future renewals." - Community Insight was posted 1 month ago.

To delve deeper into the wealth of knowledge our community has to offer, we encourage you to sign up for a free forever Vendr account. By joining, you'll unlock additional insights such as the estimated time to implement Monday.com, what to expect for your renewal, and other discount levers that can be implemented if you're stuck during the negotiation process. Currently, there are numerous community insights available for Monday.com, each offering a unique perspective to help you make the most informed decisions.

Monday.com Competitors

Airtable

Airtable is a software platform that uses a spreadsheet interface to organize data and link related records to one another. Airtable gives teams a visual way to structure their workflows and processes, making it a direct competitor to Monday.com.

Check out our guide on Airtable pricing for more info.

Asana

Asana is a project and task management software solution that helps teams coordinate, manage, and track their work. It offers timeline views, automation, and advanced search and reporting, offering similar functionalities as Monday.com.

Check out our guide on Asana pricing for more info.

ClickUp

ClickUp provides a suite of productivity tools that enables organizations to become more efficient. Its functionalities range from task and project management to time tracking, making it a viable alternative to Monday.com.

Check out our guide on ClickUp pricing for more info.

Notion

Notion is an all-in-one workspace where users can write, plan, collaborate, and organize. Although it includes task and project management, it also incorporates notes, documents, and knowledge base, competing with some features of Monday.com.

Check out our guide on Notion pricing for more info.

Smartsheet

Smartsheet is a platform for dynamic work that offers businesses solutions to plan, capture, manage, automate, and report on work. It presents a flexible, intuitive interface for task management similar to Monday.com.

Check out our guide on Smartsheet pricing for more info.

Monday.com Overview

Monday.com is a sophisticated project management tool designed with team collaboration and efficient task management in mind. This robust software presents a multitude of features including workload management, project tracking, and seamless communication setups. Its user-friendly interface and optimal performance have made it popular among different industries, with an average customer size of 350.

Monday.com provides diverse pricing tiers, including Basic, Free, Enterprise, and Pro, each optimized with distinct features and storage capabilities to suit different team sizes and business needs. Implementation and offboarding are typically swift, generally achievable within 3 months, minimizing disruptions to productivity.

The company is committed to fostering a positive user experience. One element of this commitment is their provision of continuous support and training to their customers to ensure optimal platform utilization. Moreover, the availability of free trials enables potential users to test the software and ensure it aligns with their respective operational requirements before committing.

Newly added to their product portfolio is the Monday Sales CRM, fortifying their position as an all-encompassing project management solution. Additionally, their geographical reach has expanded with the opening of APAC headquarters in Sydney.

Compliance and Security

Monday.com is steadfast in adhering to compliance standards and maintaining a high level of security. The platform is compliant with GDPR and SOC2, ensuring the data being managed is protected and handled in accordance with regulatory guidelines.

On a security front, it is ISO27001 certified and compliant with Data Protection Act (DPA) regulations, further demonstrating its commitment to safeguarding user information. Monday.com offers clear MFA & SSO capabilities, delivering enhanced safety measures for its users. In full compliance with Personally Identifiable Information (PII) regulations, the organization prioritizes user privacy and the protection of sensitive data.

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Monday.com by the numbers

Negotiations handled:
Unique purchasers:
Average contract value:
$
Average savings:
10%

Monday.com pricing: frequently asked questions

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