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The 5 Best Resource Management Software of 2019

In today’s world, the perpetual pressure of delivering more in less time is real. Squeezing in the crazy amounts of work within limited budget and time can seem like a pain.

What’s even more daunting is that a lot of companies suffer from the dilemma of not understanding the art of resource management. As a result, negative consequences are born which affect the overall project performance.

A company’s assets can include an array of resources, but we’re talking about people here.  So, the trick lies in balancing the resources’ capacity and demand.

Using professional resource management software can help ease your pain points as there is statistical evidence which proves the same. According to Eurostat, more than one in three enterprises use some sort of enterprise resource planning software.

So, if you’re on a hunt for resource management tools (you should if you’re not), here’s our version of resource management software you can start using right now to get your team on track and in line with your project goals.

1. Mavenlink

The first resource management software we have reviewed for you is Mavenlink. An enterprise level resource management tool, Mavenlink allows powerful project planning and scheduling features to manage your teams efficiently.

Coming with pre-built project templates for multiple scenarios, the tool facilitates quick and easy resource estimates. Through these resource estimates, you can then calculate profit margins, and also analyze which resource decisions are impacting the profitability of your business.

The tool also lets you forecast future resource needs and resource availability based on your current capacity through comprehensive what-if analysis.

Key Features

  • Native project templates
  • Resource estimation calculation
  • Profit margin calculation
  • Resource finder according to skills
  • Resource availability forecast
  • Activity feed for quick collaboration

Pricing

Starting from $19 per month for 5 users. Each plan comes with a free 10 days trial.


2. nTask

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nTask is a free project management software with resource management feature which are best suited for you if you’re not looking to get into a myriad of complex functionalities other tools come with.

Although this tool doesn’t come with a strong resource management module, it has everything you need to get things going for the best.

A quickly evolving tool, nTask allows you to easily set hourly rate by individual resources, tasks, or by projects. The software comes with an interesting feature set to help you with resource management, all the while ensuring a smooth user experience.

Through time tracking and timesheet management, you can keep an eye on overall project activities and how much time your team is spending on a particular task.

Not only this, nTask also comes with other elaborate project management features enabling you to efficiently manage your resources, while staying aligned with your project goals.

✨ Key Features

  • A bird’s eye view of resource schedule through Gantt charts
  • Weekly timesheets to monitor the time being spent on tasks
  • Hourly rates to analyze how much money each activity costs
  • Billable or non-billable tasks’ status
  • Time tracking with tasks
  • Timesheets approval or disapproval by the manager
  • Resource allocation to specific tasks according to the availability
  • Drag and drop functionality for resource scheduling
  • Public links of Gantt charts to share with your clients or anyone

💸 Pricing

nTask comes with a Free and a Pro plan. The Pro plan is priced at an affordable $2.99 per user/month.

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3. Float

A robust resource planning software, Float provides flexible resource scheduling options to users. It does so by giving the functionality of drag and drop, splitting, and duplicating tasks on calendar. The functions come in handy when schedules or requirements change.

Through the live schedule updates, the schedule changes are automatically updated in real-time to give everyone a heads up. You can also easily find the right person or project by powerful search and sorting filters.

Other than this, you can visualize your team schedule by zooming in for a detailed day view or zooming out for a 12-week forecast.

Key Features

  • Drag and schedule view
  • Splitting and duplicating tasks
  • Live activity updates
  • Absence and leave management
  • Powerful search and sorting filters
  • Team workload visualization
  • Third-party application integrations

Pricing

Float is available for $5 per person scheduled/month. 30 days of free trial is offered.


4. Paymo

#4 tool in our list is Paymo. A team resource management software, Paymo comes with some solid resource scheduling features. It supports multiple views for schedules, real-time bookings, and leave management – among other features.

You can conveniently convert existing bookings into time entries and manage each employee’s individual timesheets. Furthermore, for time-sensitive tasks, you can utilize the daily view to track performance according to hours.

Key Features

  • Smart resource scheduler for automatically scheduling tasks
  • Timesheet management
  • Multiple views for bookings
  • Leave planner
  • Drag and drop functionality
  • Ghost bookings for predicting the schedule

Pricing

Paymo offers Free and paid plans. The paid plans start from $9.56 per user/month.


5. Resource Guru

Used by one of the top agencies of the world, Resource Guru comes with some pretty strong resource management features. This resource scheduling software allows you to easily add bookings according to the availability of resources.

The tool lets you quickly drag-and-drop bookings on the calendar to match the requirements. The smart calendar also allows you to set the status of a particular booking to billable or non-billable.

Resource Guru also facilitates leave management to give a clear picture of which resource is available at a particular time. Each team member gets his/her own personal dashboard and login to manage their work.

Key Features

  • Personal dashboards and logins for individual work tracking
  • Drag and drop functionality for resource scheduling
  • Absence and leave management
  • Resource utilization reports (downloadable)
  • Custom fields and filters
  • Customized permissions to manage schedules

Pricing

Starting from $2.50 per person/month, with a free trial of 30 days.

Is there any other resource management software that you think should be a part of this list? Comment below to share your views with us and we’ll be more than happy to listen.

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