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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Magnetic

    N/A
    Small Businesses (1-50 employees)
    Magnetic is a workflow management platform designed and built for professional services firms. It combines essential project management capabilities into a single system: account management, business development, task management, project management, project finances, time tracking, billing, HR management and resource scheduling. Magnetic is designed to help businesses waste less time, manage projects smarter, and deliver on time and within budget. The system offers a bird’s eye…

    $0

    Teamwork.com

    Score8.2 out of 10
    N/ATeamwork.com is a project management platform built specifically for client work. The platform helps users deliver work on time and on budget, eliminate client chaos, and understand profitability. Teamwork.com’s customers track and manage their projects with a suite of integrated solutions such as helpdesk, collaboration, knowledge sharing and customer relationship management add-ons, enabling Teamwork.com to be the ‘one-stop shop’ solution for business owners. Teamwork.com…

    $13.99

    per month per user

    Pricing
    MagneticTeamwork.com
    Editions & Modules
    Solo
    $0
    Essentials
    $10
    per month per user
    Pro
    $22
    per month per user
    Enterprise
    Contact Sales
    Deliver
    $13.99
    per month per user
    Grow
    $29.99
    per month per user
    Optimize
    Contact Sales
    Enterprise
    Contact Sales
    Offerings
    Pricing Offerings
    MagneticTeamwork.com
    Free Trial
    YesYes
    Free/Freemium Version
    YesNo
    Premium Consulting/Integration Services
    YesNo
    Entry-level Setup FeeOptionalOptional
    Additional Details20% discount available for annual billing.A discount is offered for annual billing.
    More Pricing Information
    Community Pulse
    MagneticTeamwork.com
    Considered Both Products
    Magnetic
    No answer on this topic
    Teamwork
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    88%
    Would buy again
    21 Answers
    Delivers good value for the price
    No answers on this topic
    90%
    Delivers good value for the price
    19 Answers
    Happy with the feature set
    No answers on this topic
    92%
    Happy with the feature set
    22 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    82%
    Lived up to sales and marketing promises
    14 Answers
    Implementation went as expected
    No answers on this topic
    79%
    Implementation went as expected
    15 Answers
    Features
    MagneticTeamwork.com
    Project Management
    Comparison of Project Management features of Magnetic and Teamwork.com
    Feature
    Magnetic
    -
    Ratings
    Teamwork.com
    6.2
    80 Ratings
    21% below category average
    Task Management00 Ratings10.080 Ratings
    Resource Management00 Ratings6.311 Ratings
    Gantt Charts00 Ratings4.471 Ratings
    Scheduling00 Ratings5.426 Ratings
    Workflow Automation00 Ratings5.322 Ratings
    Team Collaboration00 Ratings8.123 Ratings
    Support for Agile Methodology00 Ratings7.115 Ratings
    Support for Waterfall Methodology00 Ratings8.116 Ratings
    Document Management00 Ratings7.171 Ratings
    Email integration00 Ratings7.163 Ratings
    Mobile Access00 Ratings4.462 Ratings
    Timesheet Tracking00 Ratings7.123 Ratings
    Change request and Case Management00 Ratings2.517 Ratings
    Budget and Expense Management00 Ratings3.415 Ratings
    Professional Services Automation
    Comparison of Professional Services Automation features of Magnetic and Teamwork.com
    Feature
    Magnetic
    -
    Ratings
    Teamwork.com
    5.1
    33 Ratings
    40% below category average
    Quotes/estimates00 Ratings5.012 Ratings
    Invoicing00 Ratings5.012 Ratings
    Project & financial reporting00 Ratings5.215 Ratings
    Integration with accounting software00 Ratings5.028 Ratings
    Best Alternatives
    MagneticTeamwork.com
    Small Businesses
    Autotask PSA
    Score7.7 out of 10
    Any.do
    Score8 out of 10
    Medium-sized Companies
    Workday Professional Services Automation
    Score8.2 out of 10
    KanbanFlow
    Score7.3 out of 10
    Enterprises
    Planview AdaptiveWork
    Score8.8 out of 10
    Microsoft To Do
    Score7.9 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    MagneticTeamwork.com
    Likelihood to Recommend
    -
    (0 ratings)
    10.0
    (82 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    10.0
    (2 ratings)
    Usability
    -
    (0 ratings)
    10.0
    (21 ratings)
    Support Rating
    -
    (0 ratings)
    8.8
    (27 ratings)
    User Testimonials
    MagneticTeamwork.com
    Likelihood to Recommend
    Magnetic
    No answers on this topic
    Teamwork
    Teamwork is awesome for teams who need a flexible tool that supports all types of projects. Since it supports kanban it makes visualizing the work to be done and the work in progress very easy. The Gantt chart support is decent and helps to understand how a team is doing when it comes to getting work done in a given time frame. Teamwork isn't a great option for companies that have a bunch of projects going simultaneously due to the way Teamwork structures their billing based on a number of active projects.
    Incentivized
    Read full review
    Pros
    Magnetic
    No answers on this topic
    Teamwork
    • I am a believer that simple and easy should be the key to create great opportunities.
    • Teamwork has helped me to turn simple task management into the execution of large, massive projects.
    • It has certainly worked great in helping to maintain workflow in my department.
    Incentivized
    Read full review
    Cons
    Magnetic
    No answers on this topic
    Teamwork
    • Visualization needs to be improved, charts graphs are limited
    • Value stream mapping should be available to determine and prioritize the work.
    • Documentation should be available stepwise with export and printable facility.
    • It should be configurable like ERP with cross functionalities of different users, where users login, assign and approve the work, job or project details, where it should be collectively effected on a project.
    • Add many examples, little more AI, Machine learning required for suggestion and recommendation. It would be a plus point
    Incentivized
    Read full review
    Likelihood to Renew
    Magnetic
    No answers on this topic
    Teamwork
    We are already at an annual contract, and have been for the past 5 years; so far the system has delivered, and our personal is already trained in it. A major overhaul of our entire infrastructure (as in moving everything to a single, unified platform) might change the current continuity of Teamwork Projects on our organization, but that's not feasible in the near future.
    Incentivized
    Read full review
    Usability
    Magnetic
    No answers on this topic
    Teamwork
    I give it a 9 out of 10, because there is a bit of a learning curve when you first start using Teamwork Projects because there is a lot to learn & recognize where to find it. They do offer a good range of tools that can be applied to every project - So say you're working on an internal project and don't need Milestones or Billing, you can shut those modules off. This can help simplify the interface for beginners. Once you've had a few days in Teamwork Projects, I think it's a 10/10 usability. It's very easy to accomplish your tasks and keep track of what you're managing.
    Incentivized
    Read full review
    Support Rating
    Magnetic
    No answers on this topic
    Teamwork
    We've been able to meet with the customer success team on multiple occasions to discuss the roadmap and learn about the company culture. Being based in Ireland, we occasionally have to wait until they wake up to get support requests handled in the states and larger conversations about big enhancement requests were politely collected but not followed up on
    Incentivized
    Read full review
    Alternatives Considered
    Magnetic
    No answers on this topic
    Teamwork
    I spoke about this quite a bit before, but as far as usability goes, Microsoft Projects is totally useless for me, so I avoid it at all costs. Basecamp was just a task management app and had very small feature set beyond that. We had to rig it to do other things for us, but it failed at that. Asana was a very nice app to trial, but it lacked many of the features that we were looking for.
    Incentivized
    Read full review
    Return on Investment
    Magnetic
    No answers on this topic
    Teamwork
    • Teamwork was a great starter into project management software. We were WAY more organized and efficient than we ever were with Trello boards and the PM software included with our accounting system.
    • Clients were mostly pleased with interacting with Teamwork, and appreciated the ability to track their comments and requests in one place.
    • Ultimately, we stopped using Teamwork after about 6 months because we need something more focused on web development projects specifically
    Incentivized
    Read full review
    ScreenShots

    Magnetic Screenshots

    Screenshot of the Project Dashboard, which is logically divided into 3 sections:

Budget
For tracking how a project is performing against what was agreed upon with the client, as well as key KPI’s such as Net Margin and Gross Margin.

Scheduling
Magnetic will predict if a project is going over- or underservice. Through key metrics such as Estimate to Complete and Estimate at Complete, Magentic helps users to understand if a project is going to be on or off track.

Financials
Displays projects’ financial performance through key financial indicators such as Actual Net/Gross Margin, un-billable work and supplier purchases.Screenshot of the navigable Resource Capacity dashboard in Magnetic, where users can apply filters based on department, position, or line manager. It provides instant visibility into available capacity, booked capacity across billable and non-billable work, opportunities, and leave time.Screenshot of the profitability dashboard financial tool, that offers a concise and real-time overview of a company's financial performance. It consolidates key metrics, providing a snapshot of revenue, costs, and profit margins. Customizable filters and dynamic charts enable stakeholders to analyze specific aspects of any business, fostering informed decision-making.Screenshot of Magnetic's comprehensive dashboard, providing tools to monitor and manage client engagements.

This helps users to stay informed and in control through Magnetic's interface, using valuable insights into a projects and client relationships for improved efficiency and client satisfaction.Screenshot of Magnetic's Revenue Forecast, used to monitor billings, monitor budgets for open projects, and factor in potential revenue from upcoming opportunities. With real-time tracking and analysis capabilities, Magnetic helps to drive informed decisions.Screenshot of customisable templates used to create precise cost estimates and time plans. This helps to ensure accurate client quotes and allocate tasks with optimal timings, maximising productivity and project success.

    Teamwork.com Screenshots

    Screenshot of Project's viewScreenshot of Task viewScreenshot of Board viewScreenshot of Project's tabScreenshot of Calendar view