As an accountant for a financial services organization, you may be annoyed by overlapping work deadlines. It is critical that you finish your tasks on time, whether you are completing tax returns or reporting on the financial health of your small business. We recommend using project management software to ensure you don’t miss any deadlines.
Project management software can assist you in organizing your accounting chores, setting reminders, and collaborating with your team, allowing you to manage your workload and meet deadlines more effectively. The application also allows you to divide your financial projects into smaller jobs that can be delegated to other team members, making it easier to complete the work on time.
This article lists the top five financial advisors in alphabetical order. We offer overall user ratings, the highest-rated parameter, review extracts from industry specialists, and product pricing for each product.
Table of Contents
Top 5 Financial Services Project Management Software
Asana
Here are some excerpts from reviews written by financial industry professionals that have used Asana for project management:
“The reporting and portfolio capabilities were quite useful in keeping track of and reporting on my project.”
“The portfolio functionality provided post-project insights by making it easier for our teams to participate in our retrospective sessions.”
“I enjoy how Asana can be used to communicate the materials and assets that my team needs for our project planning schedule.”
“Everyone on the team has quick and easy access to it, and no further third-party storage is required.”
“Asana also features excellent calendar management, allowing us to easily track and monitor the timeline.”
“Our overall experience with Asana has been quite great, and we would definitely recommend it.”
Base Camp
These are some extracts from reviews written by financial industry professionals that have used Basecamp for project management:
“Basecamp is the ideal program for improving team cooperation and communication, especially when we have weekly meetings.”
“Using the tagger tool also aids in task scheduling and task distribution to my team.”
“Sharing files and documentation is possible right from the messaging hub.”
“Basecamp’s user interface is quite engaging, making it easy to onboard new users and keep them on track with the rest of the team.”
“The software is reasonably priced.”
“Overall, Basecamp is a terrific solution for centralizing all your team has to accomplish to communicate and excel in projects.”
“Overall, Basecamp is a terrific solution for centralizing all your team has to accomplish to communicate and excel in projects.”
“Thank you Basecamp for assisting me in regaining control and focus of my team members, which has allowed my firm to expand at a faster rate and with less stress than before.”
“We strongly suggest this program to any firm looking to improve their organization and keep their teams informed and connected.”
“Very straightforward and intuitive … my IT director recommended it, and I try to go with his advice.”
“I’m so happy I did.”
“He uses it at church, so it’s useful for both church and business!”
Evernote Teams
Here are some extracts from reviews written by financial industry professionals that used Evernote Teams for project management:
“This software is very fantastic; I’ve been using Evernote since 2016 and it’s been quite useful; I still use it in my daily life.”
“Its functionality is simple to monitor and control; I don’t even have to save the note because it operates automatically.”
“Evernote is an excellent software because it has a variety of colors, fonts, styles, list items, and high-quality text blocks.”
“The latest version is also more visually appealing and user-friendly.”
“Evernote has truly polished its user experience to make document creation and management as simple and straightforward as possible.”
“Its ease of use, its simple interactivity, and its ability to generate notes”
“It was incredibly simple to use, and I appreciated the free service.”
Notion
Here are some extracts from reviews written by financial industry professionals who have used Notion for project management:
“The user interface appears simple but elegant and modern.”
“All of the pieces are smooth and simple to arrange.”
“The editing process was fantastic.”
“Notion is a huge improvement over how I used to organize my work.. (messaging myself on slack or using desktop stickies).”
“I like how configurable it is while remaining highly user-friendly.”
“I learned it in 5 minutes and was immediately more organized in my work.”
“I haven’t really scratched the surface of Notion’s capabilities, but I appreciate the option to build a new page and link it to the original.”
“To begin with, the user interface is quite favorable to navigation and the eyes, as it is minimalist and not distracting like other programs I have tried. I like how it doesn’t feel overly complicated to use if you want to create simple documentation and how it’s easy to find tutorials for more complex features later on. And there’s always a handy template to hand.”
“Notion provides tremendous organization to its customers by providing templates to organize tasks and appointments in calendars, adding photographs and documents, and generating tables for various organizations.”
“With this software, you may organize yourself in the way that works best for you, and you can use it in a variety of ways.”
Trello
Here are some extracts from reviews written by financial industry professionals that have used Trello for project management:
“With Trello, I can share various tasks and projects with my team, providing respective duties for each person, and it’s incredibly straightforward to use, with an understandable UI and UX.”
“It’s easy to use, drag and drop feature, aid with time management, give a deadline notice, write notes on tasks, make the tasks public, and work cooperatively.”
“I am quite pleased to utilise Trello in both my personal and professional lives.”
“When I was looking for a solution to assist manage projects, one of my colleagues recommended Trello to me.”
“It is simple to use and comes with a Kanban Board for monitoring.”
Here are some extracts from reviews written by financial industry professionals that have used Trello for project management:
“With Trello, I can share various tasks and projects with my team, providing respective duties for each person, and it’s incredibly straightforward to use, with an understandable UI and UX.”
“It’s easy to use, drag and drop feature, aid with time management, give a deadline notice, write notes on tasks, make the tasks public, and work cooperatively.“
“I am quite pleased to utilize Trello in both my personal and professional lives.”
“When I was looking for a solution to assist in managing projects, one of my colleagues recommended Trello to me.”
“It is simple to use and comes with a Kanban Board for monitoring.”
“Unlike other similar programs I’ve used, Trello’s simplicity made it really simple for my team to get started using it.”
“We had a lot of fun utilizing Trello and getting things done swiftly.”
“The usage of boards and Kanban-style project management makes things more effective, and our team completes tasks faster rather than wasting time figuring out what to do in Trello.”
“Our team is a big supporter of automation, and the combination with Google Assistant and IFTTT that enabled us to upload a new blog post was fantastic.”
What Functions Do Project Management Tools Provide?
The following are the key aspects of project management software:
Collaboration tools: Allows team members to share media files, communicate and collaborate.
Reporting/project tracking: Aids project planning by providing project managers with a visual way to comprehend a task’s or project’s status, costs, or other essential information via reports and dashboards.
Task management: Provides a running list of project tasks, action items, and their status, facilitating the management of several projects at the same time.
The above features are included in all of the items listed in this article.
Aside from these fundamental functions, a project management app would typically include the following:
- Invoicing and billing
- Budget administration
- Cost-to-completion tracking in the client portal
- Templates that can be modified
- Sharing of files
- View of a Gantt chart/timeline
- Idea administration
- Kanban board tracking of percent completion
- Planning and scheduling of projects
How to Select the Most Appropriate Financial Services Project Management Software
Keeping the following factors in mind might help you choose the finest financial services project management software:
- Choose a tool with reporting capabilities: A project management solution that allows you to assess your project’s status, completion rates, or hours worked through reports would be more useful. You’ll be able to understand your project’s progress and what you can do to improve the process by using these reports. Check with the provider to see whether their product has reporting capabilities.
- Examine your data visualization capabilities: Check to see if the product has data visualization capabilities before finalizing any project management solution for your financial institution. Data visualization will convert your reports into charts and graphs, making them easier to understand.
- Consider the following tool, which has a mobile application: The mobile app of a project management solution will allow your team to check their project status, allocated tasks, and updates in real-time while on the road. As a result, inquire with your vendor if their tool includes a project management mobile app.
