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monday.com launches new Portfolio management solution for enterprises

Tue, 6th Aug 2024

monday.com has announced the full release of its Portfolio management solution, targeting enterprise customers. This ready-to-go solution aims to give portfolio managers and executives an overview of relevant projects through a user-friendly interface, eliminating the need to sift through numerous complex reports.

The new Portfolio management solution allows customers to quickly connect and begin managing projects, enhancing productivity from the moment of implementation. It is designed to streamline workflows by integrating automation, customising project intake, and utilising templates that standardise processes. Additionally, managers can tailor the solution to their specific needs, adding fields and connecting dashboards to create a highly customised experience.

Daniel Lereya, Chief Product and Technology Officer at monday.com, said, "We constantly strive to provide our customers with the best solutions for their business needs, and this latest release of Portfolio demonstrates that commitment. We are democratising project portfolio management methods by making them easy to master, which is a major differentiator to others in the market."

"With our Portfolio management solution, our enterprise customers will now have a strong connection between everyday work and high-level insights, providing a top-down view that drives efficiency and effectiveness."

The Portfolio management solution enables users to seamlessly navigate between high-level portfolios and detailed low-level projects. This integration is facilitated by connecting to a project request monday board for work intake. Once approved, projects are automatically populated into a template based on specific requirements, with these templates governed by monday.com's new standardisation capability, which is currently in beta.

Dean Swan, Vice President and GM of APJ at monday.com, expressed enthusiasm about the release, stating, "We're thrilled to bring the full Portfolio management solution to the Asia Pacific and Japan region. The solution empowers our enterprise customers to gain a complete view of their projects, streamline operations, and make informed decisions with confidence—all within the familiar monday.com interface. It brings visibility and allows teams to get started quickly to maximise collaboration. We look forward to seeing how our enterprise customers leverage it to achieve new levels of success."

The release is a notable step in monday.com's multi-product vision, aiming to connect day-to-day workflows with broader strategic initiatives. This new offering is intended to help enterprise customers scale projects and achieve company goals effectively.

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