Best Online Project Management Software: Comparison Of 5 Things Essential To A Good B2C Tool

John is a hedge fund analyst who is considering getting the best online project management software to keep tabs on his numerous accounts and investments. Ideally, the software should make the work easier for him by organizing financial stuff and monitoring market movements.  He asked this question:

“Good day! Being in the area of hedge funds is a very stressful one; there’s a lot of number crunching, analyses and report preparation involved.  Having keen attention to details and having great timing are also important . In this business, we can’t afford to commit a major mistake and should one happen, we are always ready with last-minute alternatives.

Now, a lot of my work involves networking, being on the telephone and generally just trying to get things done. I am probably sitting around a desk just 20 per cent of the time sorting things out in my computer. It has occurred to me that I can tick off a lot of things in my to-do list with a good , if not the best online project management software. Can you enlighten me on the top things to consider when adopting this kind of management tool?. Thanks in advance!” – John, NY

Hello John, you’re right in time. A lot of professionals like you are now resorting to the best online project management software to make sense out of the clutter. There are many benefits to embracing a web based application, and a lot of them are now available on the cloud  for free. You just have to be patient in looking for the best online option out there.

Here are some valuable tips to get you started:

1. The best online project management software in the market is equipped with user-friendly features.  It should be something you’d feel comfortable navigating in and the Dashboard should give you a general overview of your projects at first glance. The layout should be easy on the eye, with tabs that can be a conveniently accessed for status updates, pending tasks and upcoming milestones.
2. A powerful Calendar feature is a must to keep you apprised of deadlines, account due dates, meetings and appointments with clients. The Calendar should be customized for editing if there are changes to the schedule or project updates.
3.  A robust File Management system should enable you to store all those documents, as well as photos, videos and Contact Lists, if necessary. Look for a software with integration to the most popular market  apps like Google Docs and Dropbox so that you can easily share needed files to your clients.
4. A Task Management feature is important if you are working with others in a team to manage the hedge funds.The software should leave plenty of room for customization so that you can input entries in easy and simple function through a drag and drop button.  Use Task management to assign responsibility areas, keep track of reminders and deadlines, and generally keep an eye on your accounts.
5.  A Collaboration feature is important, so look for a software that can be accessed through various communication channels like email, live chat, messaging and forums..

In the Dashboard, you can include a client as a participant in the project, with user permissions. If you have to show a spreadsheet or a document to them, the users should be able to put their comments and inputs there as well.

Truth is, there are countless applications out there with features boasting more than what we have already described. It is important to make a comparison of the best online project management software available and ask for a demo, if possible. Good luck!

By Stephanie Seymour

Stephanie Seymour is a senior business analyst and one of the crucial members of the FinancesOnline research team. She is a leading expert in the field of business intelligence and data science. She specializes in visual data discovery, cloud-based BI solutions, and big data analytics. She’s fascinated by how companies dealing with big data are increasingly embracing cloud business intelligence. In her software reviews, she always focuses on the aspects that let users share analytics and enhance findings with context.