Alfabet IT Planning & Portfolio Management vs Wrike vs monday.com comparison

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monday.com Logo
2,449 views|811 comparisons
98% willing to recommend
Wrike Logo
4,293 views|3,065 comparisons
98% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between Alfabet IT Planning & Portfolio Management, monday.com, and Wrike based on real PeerSpot user reviews.

Find out what your peers are saying about monday.com, Broadcom, ServiceNow and others in Project Portfolio Management.
To learn more, read our detailed Project Portfolio Management Report (Updated: April 2024).
768,740 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"The dashboard is the most valuable feature."

More Alfabet IT Planning & Portfolio Management Pros →

"It gives me an overall view of everything someone is working on. I can go to the My Work feature, click on someone's name, and see all the tasks assigned to that person; their whole workload.""The team follow-up is really easy to do with just one click.""The time savings alone is worth every penny and man-hour it took settings up the business profile.""There are many templates to choose from when you are creating your first board.""The feature I have found most valuable is the automation aspect.""It's colorful and easy to learn to use for all types of employee positions.""I especially like the dashboards where you can combine info from different boards into one.""Support from Monday.com makes you feel super comfortable communicating any inquiries you may have."

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"This is a good tool for project progress tracking and sharing tasks with internal and external parties.""Visibility and organization are the most valuable features of Wrike.""We can easily write down the tasks and reorganize them as well as have a progression index. Wrike offers several views including a kanban view and Gantt chart view.""In our company, we heavily rely on Wrike. Wrike has helped in communication, managing all sorts of projects and tasks, and having a history of all our correspondence items.""The most valuable feature of Wrike is the tag functionality.""The product is intuitive. It is easy to learn and update. You can follow the project from the beginning till the end with the help of the solution. The tool helps to update the project in seconds.""We utilize time tracking and reports most often.""The solution is stable and reliable."

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Cons
"The user-experience, enhanced performance, and in-hand governance can be improved."

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"There have recently been a lot of lagging and loading delays with saving.""There are minor bugs that delete information or don’t autosave information placed. It doesn’t happen often, however, when it does it is inconvenient.""Having easier access to training videos on how all features can interact with one another would be helpful.""The product can be improved by adjusting some of the ways in which the "boards" work.""We would like to connect with email solutions such as Outlook.""The only issue we have now is that Monday sometimes crashes and does not recognize a change we make.""There are some small usability issues which can be an inconvenience.""We would like to have less downtime as it happens now and then!"

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"We feel that the actual project reports and roll-ups could be a lot different. We are seeking something more for the dashboard. We would like a high-level dashboard that can be broken down into individual product roll-ups and tasks that are assigned. If you assign someone to a task, it assigns them all of the tasks under that. We want to be able to break those down so that a person doesn't have an 800 task list, for example. We want more separation with that and a higher-level dashboard experience.""We faced an issue with the Wrike outlook add-on; it is only available for Microsoft Office 365, and not the on-premise version.""The response from the website is a little bit slow, and the tool is too expensive for a small team.""It would be great if they could develop more reporting.""Wrike needs to be more responsive to community requests for new features.""What annoys me with Wrike and things that I would like to improve is that you need to have a very organized workflow that everyone in the company follows, and only then will Wrike work.""The product needs to send direct emails to customers updating the latest aspects since it is better to hear directly.""On one side, it's very easy to create a task with text, but on the other side, it's not very well-formatted. Therefore, it's difficult to track specific data written in a task. We are making templates, but it's not enough to use a template to know the exact status of different tasks. One thing that we are looking for in Wrike is a better workflow. Because we can only move the status of tasks, we can't really manage workflow and send a task to a specific person. This is what is really missing in Wrike as compared to other tools. We are looking to replace Wrike because we need support for workflow. Another issue with Wrike is that they bring a lot of versions of the tool, which it's not so easy. They bring new versions very frequently, and these versions look similar. For example, we are using robots to read the tasks in the tools, which is problematic with Wrike because it is changing very frequently."

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Pricing and Cost Advice
  • "The solution is expensive. There is a yearly licensing cost. There are no additional costs, only the standard license, and the cloud license."
  • More Alfabet IT Planning & Portfolio Management Pricing and Cost Advice →

  • "I wasn't involved with the licensing, but I believe it's negotiable."
  • "The solution is quite inexpensive. For example, we pay $8,500 for 75 users. It's somewhere around $100 a user, approximately."
  • "The project manager would be responsible for any licensing fees. As an end-user, we just follow suit."
  • "Fees are paid monthly per user."
  • "The price is reasonable for the number of users we have."
  • "I am using its free version."
  • "We tell others it's about $2200 for a ten-person plan and it can be adjusted; it's easy to scale."
  • "monday.com's pricing is fair compared to its competitors, although it is a bit more expensive than most of them. It's more expensive than Jira, Zoho, ClickUp, and Trello. But it is fairly priced when you compare the kinds of features and the capabilities that you get and the ROI."
  • More monday.com Pricing and Cost Advice →

  • "Wrike is not so expensive, but I don't know exactly how it compares with other tools. Wrike might not be so cheap when we are using it for a lot of users."
  • "From a pricing perspective, I would rate Wrike a four out of five."
  • "Wrike is expensive."
  • "Wrike is very expensive, and its price is almost $1,400."
  • More Wrike Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:The dashboard is the most valuable feature.
    Top Answer:The solution is expensive. There is a yearly licensing cost. There are no additional costs, only the standard license… more »
    Top Answer:The user-experience, enhanced performance, and in-hand governance can be improved.
    Top Answer:Monday.com is one of the best project management softwares available on the market. It lets you create and customize the… more »
    Top Answer:The product's initial setup phase was straightforward.
    Top Answer:Mostly, the sub-items in the organization of the project are areas where improvements are needed. Though it offers full… more »
    Top Answer:The most valuable feature of Wrike is the tag functionality.
    Top Answer:The response from the website is a little bit slow, and the tool is too expensive for a small team. We are a startup… more »
    Ranking
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    8.0
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    2,449
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    811
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    211
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    672
    Rating
    9.5
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    4,293
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    3,065
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    333
    Rating
    8.1
    Comparisons
    Also Known As
    planningIT, alfabet planningIT, Alfabet IT Planning and Portfolio Management
    DaPulse
    Learn More
    Overview

    Software AG's Alfabet IT Planning & Portfolio Management Platform provides decision-makers with insight into the IT portfolio to make the right IT investment decisions and to plan how IT will support the business in the future.

    Monday.com is a project management solution used for CRM, task tracking, managing projects across multiple disciplines, and maintaining continuity of service for clients and team members. Its most valuable features include global search, scalability, stability, flexibility, affordability, user-friendliness, and task management features. The solution is also praised for its ease of use, adaptability, and automation capabilities. Monday.com has improved efficiency, provided automatic reminders and dashboards for executives, allowed for better collaboration, and reduced paper usage. It has helped organizations to be more organized and improve communication.

    monday.com is a basic yet intuitive work operating system that facilitates teamwork in these ways:

    • Allows teams to define workflows

    • Adapts to changing demands

    • Establishes transparency

    • Allows for collaboration

    • Eliminates manual grunt work

    monday.com is extremely adaptable and may be utilized in any sector and for any workflow. You can build your apps to match your specific operational needs and modify your boards, dashboards, and documents to fit your team properly. It may be used for anything, including projects and procedures, and it can be used across teams, departments, leaders, and organizations.

    Here are a few examples of how monday.com software can be put to good use:

    • Marketing pipelines
    • Recruitment procedures
    • Video production planning
    • Tracking progress
    • Product timelines
    • Business management
    • Design planning
    • Bug tracking
    • Event planning
    • Construction planning

    monday.com Features

    monday.com has many valuable features. Some of the most useful ones include:

    • Customized workflows
    • Task prioritizing
    • File sharing
    • Drag-and-drop
    • Context-aware communication
    • Progress and milestone monitoring

    The most popular key features include:

    • Work scheduling: monday.com’s Workload feature allows you to accurately assign and schedule team members at any given time. Check who's available and who isn't so you may reschedule or reassign work as needed to meet all of your project deadlines.
    • Tracking time for tasks: It's crucial to know where your time goes, especially if you're invoicing clients by the hour. Greater work precision is achieved by having a clear grasp of how much time is spent on each task because you’re able to make more informed decisions about how you spend your time.
    • Automated processes: Automations eliminate the need for manual labor in the completion of repetitive tasks.
    • At-a-glance dashboards: Dashboards are an excellent method to quickly see what's essential. They make it simple to gather useful information, manage project progress, predict effort, and keep track of budgets. They also keep your team focused and engaged on the high-level objectives that drive progress.
    • Integration with external tools: With two-click integrations, you can easily make monday.com your primary work hub. Integrate popular external apps like Jira and Slack, as well as Gmail and Mailchimp, to optimize your workflow even further.
    • Varied options for viewing data with Views: monday.com provides a number of ways to examine the data in your boards, including Gantt Chart View for project plans and Chart View for progress tracking. Views helps you to take a fresh perspective on things and obtain crucial insights that you might not have gotten otherwise.

    Reviews from Real Users

    monday.com stands out among its competitors for a number of reasons. Two major ones are its task status feature and its ability to integrate with external apps. PeerSpot users take note of the advantages of these features in their reviews:

    Ben D., Front End Developer at a marketing services firm, writes of the product, “Their flagship feature, what used to be called the pulse, is great. Pulse offers great management. Being able to see everything at a glance and check task status, is wonderful. They use subtasks and the simple aspects of task management have been really helpful.”

    Another PeerSpot reviewer, the Head of Projects at Smart Media SA, notes, “The boards offer an amazing and clear view of my tasks, campaigns, and progress. Automations especially with Slack and Outlook help with keeping my team up-to-date always. Graphs and charts are valuable for reporting purposes and to track progress made. Workforms/surveys are valuable and a very cool added feature.”

    Wrike is an online collaboration and project management software bringing together centralized task management and social collaboration features into one real-time workspace. It connects tasks, discussions, and emails to your actual project plan. You get an up-to-date picture of the project and can keep your team aligned with your strategy without boring status meetings. Challenges Wrike helps solve:

    • Data silos: Tasks, discussions and documents scattered across email, Skype, personal computers and spreadsheets
    • Poor visibility into work status
    • Missed deadlines and project failures

    Main benefits:

    • Accelerating project delivery by using a platform your team will actually use and love
    • Keeping all team members on the same page even across borders without lengthy status meetings, long email threads and spreadsheet updates
    • Big picture of project progress with real-time updates and cross-project reports and newsfeed
    • Real-time team collaboration with discussions, files attached to tasks, and a built-in document editor


    Why Wrike?

    • Wrike is a system your team will use. It helps them do their work, not just track it.
    • Wrike can be easily customized to your needs as each team can set up their own workflow.
    • Wrike scales as you grow, providing visibility and ease of use for teams of any size.
    Sample Customers
    FUJITSU, Coca Cola, ING, CreditSuisse, CosmosDirekt, GTA, Echo Entertainment Group, Electrolux, Cern
    Raw Digital, Wix, Discovery, Frost & Sullivan, Adidas, Asos, Uber
    Down Association, Clever Clicks, Sevenly, Palatov Motorsport, LLC, Koch Ink, Opportunity To Do, Quark Software Inc., Transamerican Auto Parts, PlumChoiceÂ, Inc., InScribe, Evisions, Giant Steps, TechRepublic
    Top Industries
    VISITORS READING REVIEWS
    Financial Services Firm18%
    Computer Software Company11%
    Government11%
    Insurance Company10%
    REVIEWERS
    Marketing Services Firm18%
    Non Tech Company9%
    Manufacturing Company7%
    Real Estate/Law Firm6%
    VISITORS READING REVIEWS
    Educational Organization54%
    Computer Software Company6%
    Financial Services Firm5%
    Manufacturing Company4%
    REVIEWERS
    Religious Institution15%
    Marketing Services Firm13%
    Construction Company8%
    Transportation Company8%
    VISITORS READING REVIEWS
    Educational Organization81%
    Computer Software Company3%
    Manufacturing Company2%
    Financial Services Firm2%
    Company Size
    VISITORS READING REVIEWS
    Small Business13%
    Midsize Enterprise11%
    Large Enterprise76%
    REVIEWERS
    Small Business80%
    Midsize Enterprise11%
    Large Enterprise9%
    VISITORS READING REVIEWS
    Small Business11%
    Midsize Enterprise58%
    Large Enterprise32%
    REVIEWERS
    Small Business70%
    Midsize Enterprise13%
    Large Enterprise17%
    VISITORS READING REVIEWS
    Small Business6%
    Midsize Enterprise83%
    Large Enterprise11%
    Buyer's Guide
    Project Portfolio Management
    April 2024
    Find out what your peers are saying about monday.com, Broadcom, ServiceNow and others in Project Portfolio Management. Updated: April 2024.
    768,740 professionals have used our research since 2012.