Monday.com or Float, which would you go for? Which of the two is better? If these are the questions you are asking, you need not worry; you didn’t stumble upon this article; you are here on purpose. We’ll make the comparison and leave you to decide which software you’ll readily opt for.

One thing we can’t deny is the features they both have. However, there’s more to evaluate, not just the features but the terms, the pricing, perks, pros, and cons.

Monday.com is arguably the most proficient platform for managing teams and projects. On the other hand, Float is one of the leading resource management software for studios, firms, and agencies alike. But is that all there is to it? Read on to find out.

The main difference between Monday.com Vs. Float

Monday.comFloat
It’s an intuitive project and teamwork management softwareFloat is more of a resource management software
Monday.com has 35 features at the time of writingFloat has five features
Monday.com costs $10 per monthFloat costs $7.5 per month
Monday.com supports 13 different languagesFloat only supports English
Monday.com is available on Windows, Web-based Android, Mac, iPhone, and iPad.Float is available on Mac, Windows, and Web-based platforms.
Monday.com is ideal for small, medium, and large businesses.Float is only ideal for small businesses.


Features and Capabilities of Monday.com Vs. Float

Monday.com

Here’s a list of features you can explore when you opt for Monday.com. The features include:

  • E-mail updates which let you send updates via e-mail
  • Users get to collaborate with team members with ease
  • You can assign different tasks to team members
  • Customize the notifications
  • Project managers and team members will communicate about projects in detail and context.
  • Team members and project managers can gauge the progress of a particular task at a glance.
  • Managers will be able to keep team members aligned with automation
  • Synchronize with Microsoft Outlook and Gmail

Monday.com Integration

Developers can customize the connections and integrate them with any third-party application because Monday.com is an open API system. Here are some of the premade integrations:

  • Todoist
  • Harvest
  • Asana
  • Trello
  • Toggle
  • Basecamp
  • Jira
  • PagerDuty
  • GitHub
  • GitLab
  • Hootsuite
  • Eventbrite
  • Data Studio
  • Box.com
  • Mailchimp
  • Facebook Ads
  • Clearbit
  • Jotform
  • Typeform
  • Pipedrive
  • SurveyMonkey
  • HubSpot
  • Woocommerce
  • Stripe
  • Shopify
  • Twilio
  • Copper
  • Salesforce
  • Adobe Creative Cloud
  • Gmail
  • LinkedIn
  • OneDrive
  • Zapier

Floats

Compared to Monday.com, Float is equipped with just six features. But take nothing away from the versatility and effectiveness of this tool. The features include:

  • Synchronizing your accounting software
  • Forecasting
  • Creating different scenarios
  • Budgeting
  • Detailed drill down
  • Users (project managers and team members alike) can export and report

Float Integration

Float integrates seamlessly with the following applications and systems.

  • Sage One
  • FreeAgent
  • QuickBooks
  • Xero

Reason to Choose Monday.com

The solutions the software offers make it stand out. The ease of integrating with many third-party applications and systems gives project managers and team members different options to work with.

You might say that Monday.com costs more, but you can’t deny the functionality it offers in return. The software’s plans start from 3 users. You’ll get up to 2 seats, unlimited docs, unlimited boards, Android and iOS applications, more than 20 column types to play around with, and more than 200 templates. But these perks only serve the individual plan. The other packages include Basic, Standard, Pro, and enterprise plan.

It remains one of the industry’s leading collaboration applications for remote and on-site work teams. It leverages tools like Gantt charts and Kanban boards coupled with workflow automation aimed at helping teams manage their tasks.

Reasons to choose Float.

Float functions more as forecasting and a cash management tool. It helps organizations manage their business while also creating a space that lets you monitor the company’s cash flow. One of the main reasons companies fancy this tool is the different possibilities and scenarios it helps create, allowing users to plan for such scenarios.

With Float, you can effectively analyze the details of the project’s finance or the company’s finance as a whole. It is a forecasting and an online cash management tool that integrates seamlessly with a few third-party applications. Meanwhile, if you own or run a small business with a tight budget, Float is the ideal option. Monday.com, on the other hand, works perfectly for medium or large-scale businesses.

Similarities between Monday.com Vs. Float

Regardless of the price, both solutions offer intuitive solutions to teams working on a project. They have similar features too, including:

  • Activity Tracking
  • API
  • Activity Dashboard
  • Permissions and Access Controls
  • Notifications
  • They both have agile and effective methodologies
  • Assignment management
  • Availability Management
  • Automated Scheduling
  • Budget Management
  • Budget and forecasting
  • Calendar management
  • Job Casting and Budget Tracking

Monday.com Vs. Float – The Alternatives

While Monday.com and Float are designed to be more friendly, colorful, and effective at helping project managers ease their workloads. However, the appealing interfaces they provide don’t mean they are 100% capable of managing every project’s needs. So, you’ll find the needed solution with the alternatives we have highlighted below.

Workfront

Workfront is the perfect Enterprise Work Management Solution for every IT, Marketing, and related enterprise. Not only is it cloud-based, but it also comes equipped with features aimed at helping project managers and team members conquer redundant status meetings, disconnected tools, and excessive e-mails. Some of the features you’ll find in the Workfront solution include Project Management, Online Proofing, and Work Management.

Score

The score is a business management software packed with new generation features. It combines the features and tools every company needs – all in a comprehensive system. Some of the features of Scoro include Product Management, Project Management, Time Tracking, Work Management, and Project Collaboration.

Final Verdict

The bottom line is that Monday.com is rated more than Float. Are you looking for the ideal project management solution? Then, chances are, you are more concerned about the TCO (Which is the total implementation cost). It depends on the kind of business you are planning to integrate with it. For small businesses, Float is your best bet. Meanwhile, if you run a medium to large-scale enterprise, Monday.com will be just fine.

Monday.com Vs. Float – FAQs

Can I schedule everything on my to-do list with Float?

Absolutely. You can schedule everything. Interestingly, you get e-mails reminding you of what’s next on your to-do list.

Is Monday.com easy to use?

Monday.com is easy to use. The interface makes it easy for professionals and newbies to navigate the software. It has a beautiful User Interface which means the user experience is also great.

Which is more expensive?

Monday.com cost a bit more. The starting price for Monday.com is $8, while you’ll need $6 to get started on Float.

Is Monday.com ideal for project management?

Monday.com is your go-to solution if you have a large project.