Managers working in medium-sized companies to large enterprises have to handle more than one project at a time. They need to delegate, manage, and keep track of the progress of all tasks to ensure that the project is successful. Project management without software is cumbersome and time-consuming. It defeats the purpose of boosting productivity and efficiency across businesses.
When managers shy away from using project management software, they end up doing more work than required. This is counterproductive and also makes it difficult to stay on top of who is working on which projects. It is safe to say that team collaboration is very inefficient and present only across chat software and email threads. As a result, you are bound to miss deadlines and eventually lose out on clients.
This is why it is essential to use effective project management software to stay organized at work.
In this article, we will take a look at two very popular project management tools – Asana and Teamwork. Both the tools facilitate collaboration and seamless project management.
While Teamwork is among the best project management tools that allow you to handle complex and large projects, Asana is perfect for smaller teams. However, in terms of features and handling projects at scale, Teamwork is miles ahead.
Teamwork features overview
Teamwork is loaded with a bunch of features such as custom client permissions, in-built time tracking, filters, and the ability to delegate tasks. With Teamwork, you will be able to scale your workflows and also deliver projects on time.
Teamwork vs Asana
Here, we have rated both tools based on different parameters mentioned below:
Ease of use
Collaborative project planning
Teamwork and Asana: Features Comparison
Inbuilt time tracking
With Asana, you cannot track your team’s time without integrating a third-party application. This is where Teamwork outshines Asana since you can track the time spent on different tasks without the help of third-party applications.
Teamwork also enables you to set time budgets on different projects to ensure your team is not wasting time.
When you are using Asana, users and clients have a clear view of their tasks and projects. However, the privacy settings are not personalized. This means that they can see all the interactions related to the project.
On the other hand, Teamwork offers flexibility in terms of privacy settings. It enables you to control what you or your users can see and protect your sensitive information.
In Asana, users have to spend considerable time looking for data due to the relatively basic filtering feature.
Teamwork is loaded with robust filters that allow you to look for the most relevant data in workload time logs, milestones, projects, and tasks.
Asana does not allow users to assign a particular task to one or more users even if it is detrimental to your workflow.
Teamwork sorts that out for you. You can create tasks and assign them to different employees in your company without any hiccups.
Teamwork new features
In October 2021, Teamwork introduced an array of new features such as Financial Budgeting, Resource Scheduling, Profitability Report, and more. In addition, now you can also integrate Teamwork with Stripe.
Teamwork’s new Profitability Report
Users can now use the Profitability Report to evaluate the return on investment (ROI) of all their projects. They can monitor across different companies, projects, and users seamlessly.
Managers and other stakeholders can view and edit the user rates directly in the report. You can access the Profitability Reports by going to the Reports section and choosing the Profitability tab.
Determine the progress of your projects vs budget with Financial Budgeting
Financial Budgeting is finally available in Teamwork. This feature allows managers to allocate a financial budget for every project and also track the progress against the money spent across different phases of the project.
This feature allows you to track the finances of your project and prevent over-runs. Users should ensure that the Time feature is enabled for a particular project.
The team at Teamwork has made some impressive improvements and new changes to the Resource scheduling. Users can allocate resources and time across for every project.
Users can also get a bird’ eye view of the capacity of each resource in the timeline view. You can also define meeting times, sick leaves, and unavailability of resources.
Teamwork can now be integrated with Stripe. Due to this, you can now save your agents precious time and accelerate customer interactions. All you have to do is enable Stripe integration in the Teamwork Desk.
When this is activated, agents can go through their subscription and customer invoice on tickets. You can check out the functionality here.
All in all, we think Teamwork has done a great job by adding new features and improving the existing functionalities. The vendor has consistently added new features to improve the overall product and facilitate smooth team collaboration.
If you are looking for project management software for your business, Teamwork is an attractive option. Click here to know more about the tool in detail.
You can also read our Teamwork review to learn more about its pricing plans, key features, integrations, and more.
Image Source: Teamwork