Projects require resources and ingredients to accomplish their goals. As we all know, to ensure flawless project management and processes, you also need to manage your employees, schedules, set deadlines, and more. For this reason, you might need project resource management software to help you assign, set appointments, and ensure a quality resource management system. 

Project Resource Management Software

10+ Best Project Resource Management Software

mavenlink

Details

Rating: 5/5

Price: Custom

Download

2. Forecast

forecastss

Details

Rating: 4.5/5

Price: $32.02/month

Download

3. Saviom

saviom

Details

Rating: 5/5

Price: Free

Download

4. Mosaic

mosaic

Details

Rating: 5/5

Price: $9.99/month

Download

5. Vertex Cloud

vertex cloud

Details

Rating: 4.3/5

Price: Custom

Download

6.  Sage Intacct

sage intacct

Details

Rating: 4.7/5

Price: Custom

Download

7. Function Point

function point

Details

Rating: 4.3/5

Price: Custom

Download

8. Workday

workday

Details

Rating: 5/5

Price: Custom

Download

9. Financialforce

financialforce

Details

Rating: 4.7/5

Price: Custom

Download

10. Runn

runn

Details

Rating: 5/5

Price: Free

Download

11. Avaza

avaza

Details

Rating: 4.5/5

Price: Free

Download

What is Project Resource Management Software?

Project resource management software is a technological tool with numerous advanced features and functionalities, allowing you to do multiple tasks within a single platform. It presents comprehensive dashboards, automates processes, has cloud file storage, and more. With this tool, you can have complete control over your teams, schedules, and resources. You may assign resources and operations to particular people or departments using clicks and swipes. If sudden schedule changes appear, you can connect to your employees effectively as it ensures effective communication and collaboration.

Benefits

Having this tool in your management helps you in so many ways as it gives you detailed and lucid information regarding your employees’ availability, capacity, and timetables. Project resource management helps you determine suitable employees for a specific project area and the best schedule for the project. With this tool, you can gain insights and better visibility of your operations. 

Features

The software has diverse quality and performance. It also has a different range of prices. Software is innovative. However, we all know that not all platforms deliver top-performing features. Advertisements are not enough. You will need to research the software’s capabilities to acquire the software’s pros and cons. Multiple technology firms offer project resource management software, showing different performances. You can also try free trials and versions to test them firsthand. That way, you can avoid wrong investments to irrelevant tools. Below are features recommended:

  • Agile Methodologies
  • Alerts/Notifications
  • Applicant Tracking
  • File Sharing
  • Bid Management
  • Billing & Invoicing
  • Budget Tracking/Job Costing
  • Budgeting/Forecasting
  • Activity Dashboard

Top 10 Project Resource Management Software

1. Workday

Workday includes sourcing management, workflow management, spend management, supplier management, and more advanced features. Workday has annual revenue of $3.3 billion and 16,533 employees.

2. Vertex Cloud

Vertex Cloud includes address validation, approval process control, compliance management, and more helpful features. Vertex has annual revenue of $202.6 million and 1,397 employees.

3. FinancialForce

FinancialForce includes resource management, portfolio management, task management, time tracking, and more valuable features. FinancialForce has annual revenue of $168.2 million and 905 employees.

4. Sage Intacct

Sage Intacct includes accounts payable, asset lifecycle management, bank reconciliation, lead management, and more contributive features. Sage Intacct has annual revenue of $107 million and 1,054 employees.

Mavenlink is a robust set of operational management, resource optimization, business intelligence, integration, and workflow automation tools to optimize resources and improve operational performance. Mavenlink has annual revenue of $80 million and 450 employees.

6. Forecast

Forecast includes project tracking, recurring tasks, activity tracking, to-do list, and more advanced features. Forecast has annual revenue of $15.6 million and 120 employees.

7. Saviom

Saviom includes capacity management, utilization reporting, skills tracking, resource scheduling, and more valuable features. Saviom Software has annual revenue of $12.8 million and 88 employees.

8. Mosaic

Mosaic includes appointment scheduling, assignment management, process/workflow automation, predictive analytics, and more innovative features. Mosaic has over $5 million in annual revenue with 25 employees.

9. Function Point

Function Point includes project management, performance metrics, billing and invoicing, time and expense tracking, and more logical features. Function Point Productivity Software has annual revenue of $4.2 million and 29 employees.

10. Runn

Runn includes capacity management, customer relationship management (CRM), project planning, forecasting, and many more innovative features. Runn has annual revenue of $1.3 million and nine employees.

FAQs

Why is software advantageous?

Software plays a critical role in the professional industry as it helps them advance and gain insights along the way. Traditional methods in operating a business produce complications and are prone to overlooks which causes operational disruptions and pauses. The software minimizes these complexities by providing hi-tech features and tools allowing automation, accurate data analytics, innovative dashboard, etc., leading to improved decisions and operational efficiency.

What is resource management?

The process of planning, brainstorming, analyzing, and allocating people, money, and technology to complete a project is known as resource management. It is one of the most essential activities that businesses must undertake to identify relevant criteria that will allow them to meet project deadlines while saving money. Resource management assists managers in determining the best resources for each project area and element.

Why is employee management essential?

Employees are critical components that serve as the mechanism of a company. With them in disarray can lead to profit loss and an unproductive system. For this reason, employee management is essential as properly managed and organized employees help them function and perform with quality. Employee management is a critical practice to ensure business operations are functional and operational.

A company can have multiple departments with several assigned employees. Manually evaluating their workloads and capacity takes time and is a lot of work. It also produces doubtful details which require a double check. On the other hand, project resource management software helps you avoid these issues. You can check your employees’ schedules and workloads within a single platform, allowing you to connect to them conveniently and ensure transparent changes regarding the project’s processes. 

Related Posts