Features, Types, Benefits and Pricing of Collaboration Software

Many businesses rely on collaboration software to complete tasks. Not all software programs, however, are equal in quality. To be truly productive, an organization needs technology that is functional, intuitive and affordable. Understanding what collaboration software is all about can help you make the best decision for your company, whether that means replacing your existing software package or getting on-board with an innovative product.

How Does Collaboration Software Differ From Other Products?

This type of software first emerged in the 1990s as a way for different groups to communicate, share information and solve problems. It was designed as a simple way to conference without ever having to physically relocate. The best collaboration software allows for seamless processing and sharing of documents, files and data among users. Tasks can be achieved anytime and anywhere with just a few mouse clicks.

A Multi-Purpose Platform

Collaboration software doesn’t only enhance communication by allowing for a conference to take place instantly. It also increases productivity because goals can be completed in less time. Users can communicate with each other to assign tasks and also work within independent digital stations. Their activity can be monitored by other members of the group to ensure optimal efficiency, and if needed workflows and data can be added in real time.
Typically, there is one primary user who controls a project. He or she can grant other people permission to view and make changes to files or data. Whatever modifications are made are instantly synced to other members participating in the conference or digital meetup. It’s a great way to ensure that everyone involved is on the “same page” and that tasks aren’t completed more than once.

Time and Location: Two Crucial Dimensions

Two aspects that make collaboration software so intriguing are time and location. The unique use of time and space allows participants to conference like never before. More specifically, the following elements of time are present in the highest-quality collaboration software:

  • Synchronous: Users complete tasks together
  • Asynchronous: Users compete tasks at different times, but can look at what has already been added or edited

Similarly, the following features harness the power of location to the maximum:

  • Face-to-Face: Users work from the same place
  • Distance: Users collaborate while working from various places


What are Examples of Collaboration Software?

There are many collaboration software on the market. Here are a few examples of program options available to businesses:

  • Wrike: This award-winning product was designed to improve the efficiency of a conference call. Scheduling, prioritizing and discussing tasks has never been easier.
  • Asana: This is one of the most popular project management tools. Advanced features allow users to follow the progress of a project from several browsers and devices, as well as easily create new tasks within an existing project.
  • Monday: This smart app streamlines discussions and keeps all team members in check. Its comprehensive scheduling and display features reduce human error and eliminate the need for paperwork.
  • Clarizen: This program focuses on enhanced social interaction to boost performance. It automatically prioritizes budgets, projects, portfolios and resources to ensure critical information is always easy to access.


4 Benefits of Collaboration Software

If you choose a top-ranked collaboration program for your company, you might see drastic improvements. Since most are intuitive to use, the benefits can be immediate. Here are four major perks of collaboration software that can take your company to the next level:
1. Save Time: In the business world, time equals money. The ability to hold a digital conference cuts back on resources, efforts and the ticking of the clock. The result is reduced costs and a larger net worth.
2. Better Project Management: Keeping an eye on a project is never easy. Coordination and communication are key if you want a project to have high performance standards. Collaboration software makes it easy to ensure everyone on the team is on track.
3. Improves Morale: If employees work together without technology hassles then their sense of accomplishment improves. Collaboration software allows everyone to work for a single purpose through fluid communication features.
4. Better Communication: Keeping tasks organized is a challenge for many companies; too often, employees work on redundant tasks or spend too much time in a conference call. Good software keeps everything in order.

3 Types of Collaboration Software

The functions of collaboration software can be summarized in three major categories. The specific features you’re looking for depends on the needs of your organization. Learn more about the types of programs available:
1. Communication: There is a constant need for faster file sharing between individuals. Software can assist in better email, voicemail, VoIP, video calls and instant messaging programs.
2. Conferencing: Meeting with others should be simple. Collaboration software makes it possible to have a real-time conference in a virtual meeting room. It can take the form of video, IM, chat forums, social media group chats or application sharing.
3. Coordination: Creating a schedule is crucial for success. Calendars, time trackers, spreadsheets, alerts and status updates can help employees meet deadlines and keep track of complex interdependent tasks.

Improve Your Business Flow

The beauty of collaboration software is that is can eliminate many of the time-consuming pitfalls of office life. It is estimated that about half of the total workforce has a job that is compatible with telework. In fact, almost 4 million employees work from home about half the time. Collaboration software can impact the efficiency of a conference meeting through novel communication features, file sharing, content creation and search tools. No longer do employees have to struggle by transferring internal information to an external publishing source, or spend an excessive amount of time looking for a document that is several weeks old.

Cost of Collaboration Software

The cost of collaboration software varies by vendor. Programs with advanced capabilities and features typically cost more, but there is also greater chance of a big payoff. Check out the prices of these leading programs before deciding which one to use for your next big company conference meetup.

  • Wrike: Free for a team of five; professional package is $9.80 per user per month; business package is $24.80 per user per month; marketing package is $34.60 per user per month; enterprise package needs a quote for exact amount
  • Asana: Free for a team of 15; premium package is $9.99 per member per month; enterprise package needs a quote for exact amount
  • Monday: Basic package for $5 a month; standard for $8 a month; pro for $12 a month; enterprise for $24 a month
  • Clarizen: Enterprise edition is $45 per user per month; unlimited edition is $60 per user per month

Finding collaboration software that suits your organization takes time. You must weigh a program’s features, practicality and cost. Hopefully, understanding your options can help you make the best decision on how to improve a conference, cut expenditures and boost team morale.