CommonThread
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CommonThread is a cloud-based business management and reporting tool with various modules including Projects & Work Orders, Resource Allocation, Time Tracking, Sales Tracking, CRM, Invoicing, HR functions, Purchase Orders, Inventory Management, and Quickbooks integration. It is highly secure and has a consistent user interface for easy implementation and use. It is suitable for organizations that want to control their process and coordinate their staff.
Developer
IdeaWeavers LLC
Category
ERP
Strengths
  • Collaboration

    Allows for easy collaboration among team members

  • Customization

    Offers a high degree of customization to fit specific business needs

  • Ease of Use

    Simple and intuitive interface makes it easy for users to navigate

Weaknesses
  • Limited Features

    Lacks some advanced features found in other project management tools

  • Pricing

    Pricing may be too high for small businesses or startups

  • Integration

    Limited integration with other tools and platforms

Opportunities
  • Growing demand for project management tools presents an opportunity for expansion
  • Potential for partnerships with other SaaS providers to expand functionality
  • Opportunity to develop a mobile app to increase accessibility and convenience
Threats
  • Intense competition from established project management tools and new entrants
  • Potential impact of economic downturn on demand for project management tools
  • Growing concern over data security and privacy may impact user trust

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CommonThread Plan

CommonThread offers a subscription-based pricing model with three versions, ranging from $15 to $45 per month, with increasing features.
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