Successful Project Management: How it Benefits Your SaaS

As a SaaS founder, we understand that your time is probably taken up by fixing server issues, integrating new software, and making a profit on the money you’ve invested into your business.

So, to keep tunnel vision on growth, it’s important you have efficient SaaS management software in place to organize your team(s), products, and reports.

The Project Management Institute reported that 32% of executive leaders said that selecting the right technologies is one of the top three biggest factors for future success.

And don’t we know it! Here at Founderpath, our goal is to see you succeed which is why we connect SaaS bootstrapped founders to industry-favorite tools. You’ll be able to easily manage every aspect of your business, while earning money right from the start. Without further ado, let’s get into SaaS project management.

What is SaaS Project Management?

Like any project management routine, there needs to be steps to make sure project activities are completed on time and to the right standards.

SaaS project management means you can:

·        Stay within budget

·        Maintain employee collaboration

·        Adapt workflow processes

·        Boost productivity across your business

·        Report and analyze efficiently

·        Stay on track to reaching your project goals

The list goes on! We work with a breadth of SaaS project management tools to help support the daily running of your business so you can reap the benefits listed above. To explore them and see what integrations work for your business, just visit our website.

Different SaaS Management Tools

Basecamp

Basecamp is a project management solution that assists in the everyday team collaboration of a business.

Proofhub

ProofHub is an easy-to-use interface that allows you to plan, organize, assign, and keep track of your project tasks. It can be customizable to your business and allows you to share files and leave feedback.

Asana

This cloud-based task management system allows you to streamline projects, assign tasks to teams and manage workflows so you have a complete overview of your projects.

Trello

This collaboration tool breaks your projects down into boards, so you have a visual on who’s doing what and if they’re on track.

Clickup

Used by some of the top enterprises like Google, Booking.com, and Uber, Clickup has some superb productivity benefits. For example, you can:

·        Filter your tasks on criteria like the assignee, due date, and the status.

·        Track how long your team spend on tasks so it’s easier to report on

·        Integrate with other online tools you already use like Google Drive and Dropbox for example.

Why is SaaS Project Management Important?

Low Upfront and Maintenance Costs

Most online SaaS tools come with their own support team and even update themselves, so you don’t have to worry about employing a Project Manager or a team to re-configure the platform should something change.

Partnering with Founderpath gives you access to a whole host of project management tools right at your fingertips, and you’ll have more than 12 months to pay for them without any hidden fees.

Increase Profitability and Grow Your Business

A project management tool gives you a birds eye view of everything so you can maximize your resources, and focus on keeping your Customer Acquisition Cost (CAC) low, retaining your current customers, and targeting higher annual value contracts (AVC).

With Founderpath, you’ll have all those important figures right in front of you with our free reporting feature, so you can stay within budget and expand at the same time.

Skip the Learning Curve and Start Immediately

You’ll be glad to hear that most management platforms will take you through a tutorial, so you know where to find everything.

We know that there aren’t enough hours in the day to learn how to use a project management system which is why Founderpath has an entire community of over 65,000 founders that you can lean on for support.

How to Choose the Right SaaS Project Management Tool

Step 1: Identify your Challenges and Constraints

Let’s be honest, managing SaaS comes with plenty of challenges and not all project management tools will be right in helping you solve them, so you need to assess what constraints you’re up against.

Step 2:  Create a List of Top Options

Search the different tools available and list the pros and cons of each. If you sign up to Founderpath, you can explore all our integration tools until you find the right one for your business.

Step 3: Check the User Experience

There’s no point in splashing out on a fancy project management software if you don’t understand how to use it. A user-friendly interface is essential for collaboration, so you should choose one that everyone will be able to use and understand.

Step 4: Functionality

Functionality is a basic feature for any software. When looking for the right one for your business, you should ask yourself some questions:

1.      Can you manage your project’s workflow with no problems?

2.      Can you prioritize tasks with ease?

3.      Are you able to add files?

4.      Will the teams be able to leave feedback or comments in tasks?

5.      How simple is it to assign tasks?

If the tool you’re looking at doesn’t have the ‘YES’ factor to the above questions, it’s probably worth crossing that one off the list.

Step 5: Consider Integrations

The beauty of integration is that you can unite the tools you’re already using to run your business in one easy-to-access place with the right platform management software.

To explore some of the best SaaS online platforms that provide the highest levels of collaboration and project management, Founderpath works with a variety of tools that you can access and integrate into your business today.

Step 6: Analyze Tool Costs

The question that every founder has, how much is this going to cost me?

Well, if your team consists of less than 10 people in the same country, do you really need all the fancy boards and project owners that a business of 100+ would need? Or, could you stick with a simpler tool that has one list view and a single project manager?

If you don’t need the extra bells and whistles, choosing a simple project management tool can help save you money. Plus, choosing a simpler tool means there’s a smaller learning curve, which helps to keep it accessible.

How Founderpath Can Help

We’re not like any other online lending platform because we’re created and managed by founders just like yourself, who have faced some of the very same challenges you have.

We partner with many project management tools that could be a perfect match for your business goals. The best part? You can start exploring for no upfront cost, and once you find the right software, you’ll have 12 months to pay us back.

To continue growing your business and simplifying the project management process, try Founderpath for free.