• Carrie and Danielle

Money

Creating financial freedom for your self.

Online Budgeting Collaboration

Money, Tools for budgeting, Wealth | February 27th, 2010 No comments

Online budgeting collaboration – not exactly everyone’s idea of fun. But for large projects where your superiors have entrusted your team with the finances for a project, your team’s ability to pull off successful online budgeting collaboration is key. Fortunately, there are tools that can make online budgeting collaboration more manageable.

The most basic method is a simple shared Google Doc spreadsheet. Shared Google Docs make great online budgeting collaboration tool, especially when you consider the alternatives. Offline, you may need to assign a single person the task of budgeting, or worse, you might have several different budget items that need to be combined into a master document. This can be a hassle. Online budgeting collaboration with Google Docs, however, allows you to edit the same document, all at once or at any time of day from any place. You can track changes and edit formulas on the fly, so you can see where mistakes were made or which projections are telling or useless. Online budgeting collaboration also circumvents the need to huddle around the same table all at once – instead, all the pertinent team members can log in from their phone or computer and stay up to date.

Another cool method is to use a program such as Projectplace. Projectplace is an enterprise online budgeting collaboration tool that works great for small businesses and large operations alike. Projectplace says that it save you up to 175 hours on a 10 week project and lets you work from anywhere, anytime. Version management lets you recover data and check your work for errors and is great for one person or scores of people working on online budgeting collaboration.

If you are intrigued by online budgeting collaboration software like Projectplace, you might also want to consider Alight Planning, Geezeo and, of course Microsoft Excel. You might also want to check out a sight like Capterra, which provides free trials of popular online budgeting collaboration software.

When using a simple Excel spreadsheet, there are various collaboration suites that you can use to stay on the same page. Box.net offers free file sharing for two weeks and GoToMeeting.com is one of the best ways to conference while looking at the same computer screen. For more advanced systems, ask your technical administrator to look into online budgeting collaboration with Oracle or Citrix.

For more personal purposes, look to Wesabe for online budgeting collaboration. Wesabe adds an element of community to personal finance. Wesabe offers great tips for ofnline budgeting collaboration on its blog as well as numerous ways for Wesabe users to connect. You can anonymously share ideas and advice. Wesabe lets you set up online budgeting collaboration by setting spending targets for yourself and you can ask others with similar goals and trends about their own experiences.

Online budgeting collaboration is a difficult task for many teams. But with the use of reat online budgeting collaboration software, you can make the job much easier.

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