Deel vs Monday.com (2024 Comparison)
Deel simplifies global payroll and compliance, offering robust automation and multi-currency support. It's ideal for businesses managing international teams, ensuring compliance with local laws.
- Comprehensive payroll automation
- Strong compliance management
- Multi-currency support
- Limited custom workflows
- Fewer integrations
- Not ideal for project tracking
Free plan?
YesStarting price
$19 per employee/month
Monday.com empowers teams with customizable workflows and excellent collaboration tools. It's perfect for businesses seeking to optimize operations and enhance team communication.
- Highly customizable workflows
- Excellent team collaboration
- Wide range of integrations
- Limited payroll features
- Less focus on compliance
- Multi-currency support lacking
Free plan?
YesStarting price
$9 per month per userWhat is Deel?
Deel is a comprehensive platform designed to simplify global payroll and compliance for businesses. It helps companies manage international teams by automating payroll, taxes, and compliance, ensuring that all legal requirements are met. Deel's intuitive interface and robust features make it easy for businesses to onboard employees, manage contracts, and handle payments in multiple currencies. This tool is particularly beneficial for companies looking to expand their workforce globally without the hassle of navigating complex international laws.
What is Monday.com?
Monday.com is a versatile work operating system that empowers teams to run projects and workflows with confidence. It offers a highly customizable platform where users can create their own applications and work management tools. Monday.com helps teams collaborate more effectively by providing a centralized space for communication, task management, and project tracking. Its user-friendly interface and wide range of integrations make it an ideal choice for businesses looking to streamline their operations and improve productivity.
Pros and Cons of Deel vs Monday.com
Pros & Cons of Deel
- Deel offers a robust payroll automation system that simplifies the process of managing payments across different countries, ensuring compliance with local laws.
- Deel is designed with compliance in mind, providing tools to help businesses meet international legal requirements, making it a reliable choice for global teams.
- Deel provides excellent multi-currency support, allowing businesses to handle payments in various currencies, which is essential for companies with international teams.
- Deel offers some customization options, but it doesn't match the level of personalization that other tools provide, which can be a limitation for some users.
- Deel's integration options are limited compared to other platforms, which may restrict its functionality for businesses relying on multiple tools.
Pros & Cons of Monday.com
- Monday.com allows users to create custom workflows tailored to their specific needs, offering flexibility and ease of use for optimizing operations.
- Monday.com is designed for team collaboration, providing features that enhance communication and project management, making it ideal for collaborative environments.
- Monday.com offers a wide range of integrations with popular apps, enhancing its functionality and making it a versatile choice for businesses.
- Monday.com is not primarily a payroll tool, and its payroll features are limited compared to specialized platforms, which may be a drawback for some users.
- While Monday.com offers some compliance features, it is not as specialized in this area as other tools, which may be a limitation for businesses with global teams.
Deel vs Monday.com: At A Glance
Deel vs Monday.com: A Detailed Breakdown of Key Features
Payroll Automation
Deel excels in payroll automation, providing a seamless experience for managing payments across different countries. Its system is designed to handle complex payroll calculations, ensuring compliance with local laws. Monday.com, while not primarily a payroll tool, offers some automation features but lacks the depth and specialization of Deel. If payroll automation is a priority, Deel is the clear winner.
Custom Workflows
Monday.com shines in creating custom workflows, allowing users to tailor processes to their specific needs. Its flexibility and ease of use make it a favorite for teams looking to optimize their operations. Deel, while offering some customization, doesn't match the level of personalization that Monday.com provides. For custom workflows, Monday.com is the better choice.
Compliance Management
Deel is built with compliance in mind, offering tools to ensure businesses meet international legal requirements. Its focus on compliance makes it a reliable choice for companies with global teams. Monday.com, while offering some compliance features, is not as specialized in this area. If compliance management is crucial, Deel is the superior option.
Team Collaboration
Monday.com is designed for team collaboration, providing features that enhance communication and project management. Its platform encourages teamwork and transparency, making it ideal for collaborative environments. Deel offers collaboration tools but is more focused on payroll and compliance. For team collaboration, Monday.com is the preferred tool.
Multi-Currency Support
Deel offers robust multi-currency support, allowing businesses to manage payments in various currencies with ease. This feature is essential for companies with international teams. Monday.com, while offering some currency options, doesn't provide the same level of support as Deel. For multi-currency management, Deel is the better choice.
Project Tracking
Monday.com excels in project tracking, offering tools that help teams stay on top of their tasks and deadlines. Its visual interface and customizable dashboards make it easy to monitor progress. Deel, while offering some tracking features, is not as comprehensive in this area. For project tracking, Monday.com is the superior option.
Pricing Comparison of Deel and Monday.com
We’ve compiled the pricing tables and highlighted the key features of both Deel and Monday.com to aid in your decision-making process. Let’s explore what each platform has to offer.
Deel Pricing Plans
- Ensure compliance with global coverage and localization.
- Efficiently manage time off and expenses for employees.
- Create and customize detailed people directories.
- Build organizational charts and generate global reports.
- Comprehensive registration support across all 50 states.
- Automated federal, state, and local tax filing.
- Streamlined W-2, W-4, 1099, and new hire filings.
- Expert payroll compliance support available on-demand.
- Fast and responsive 24/7 support for users.
- Payslip creation and delivery for employees.
- Comprehensive salary and tax payment management.
- Customizable reporting for detailed insights.
- Locally compliant contracts for global contractors.
- Bulk payment options in 120+ currencies.
- Automated invoicing, expenses, and time off management.
- Deel card and flexible payment options for contractors.
- Run customized 360° feedback reviews for performance.
- Visualize results using heat maps and 9-box grids.
- Build courses easily with drag-and-drop functionality.
- AI-powered content creation for faster course development.
- State-specific tax compliance and workers' comp management.
- 360º compliance with state-specific policies and training.
- Access to Fortune-500 benefits at affordable prices.
- Centralized and customizable reporting for insights.
- 360º employee compliance with document collection.
- Competitive benefits packages tailored to each country.
- Centralized reporting on spending and compensation.
- Support from 200+ local HR and legal experts.
- Securely erase data and manage devices remotely.
- Integrate with your own MDM solution for flexibility.
- Access to SSO and identity services for security.
- 24/7 support for hardware and software management.
Monday.com Pricing Plans
- Access to unlimited docs for documentation needs.
- Over 200 templates to streamline workflow setup.
- 8 column types for data organization and management.
- iOS and Android apps for on-the-go access.
- Unlimited items for extensive project management.
- 5GB file storage for storing essential documents.
- Prioritized customer support for quick issue resolution.
- Create a dashboard based on 1 board for better insights.
- Calendar View for scheduling and planning.
- Guest access for external collaboration.
- Automations with 250 actions per month to save time.
- Integrations with 250 actions per month for seamless workflow.
- Chart View for visual data representation.
- Time tracking to monitor productivity.
- Formula Column for advanced calculations.
- Automations with 25K actions per month for efficiency.
- Multi-level permissions for enhanced security.
- Enterprise-grade security & governance for data protection.
- Advanced reporting & analytics for data-driven decisions.
- Tailored onboarding for personalized setup.
Our Rating Methodology
We thoroughly evaluate each software, focusing on key factors like functionality, ease of use, and scalability. By analyzing user reviews and testing features, we ensure our recommendations fit your needs. Each factor is weighted to provide an accurate final rating, helping you make informed decisions.
Deel or Monday.com: Which One Matches Your Business Needs?
Choose Deel If You Need ...
- Comprehensive payroll management
If you are a business managing international teams and need a comprehensive payroll solution, Deel is the ideal choice. Its robust automation and compliance features ensure smooth operations across borders.
- Focus on compliance
If you are a company prioritizing compliance with international laws, Deel offers specialized tools to help you meet legal requirements, making it a reliable choice for global operations.
Choose Monday.com If You Need ...
- Customizable workflows
If you are a team looking to create custom workflows tailored to your specific needs, Monday.com provides the flexibility and ease of use to optimize your operations effectively.
- Team collaboration
If you are a business seeking to enhance team collaboration and communication, Monday.com offers excellent tools to improve project management and teamwork, making it the preferred choice.
Frequently Asked Questions
How does Deel handle international payroll compliance?
Can Monday.com be used for payroll management?
Which tool offers better team collaboration features?
Does Deel support multi-currency payments?
What integrations are available with Monday.com?
Is Monday.com suitable for small businesses?
Martin Lunendonk
Martin Lunendonk is a senior tech writer specializing in website builders, web hosting, and ecommerce platforms. With a background in finance, accounting, and philosophy, he has founded multiple tech startups and worked in medium to large tech companies and investment banking, bringing deep expertise and reliable insights to his software reviews.
