Draft:Bonsai (project management software)

Bonsai

Company type	Privately held company
Industry	Project management task management Financial management productivity software team collaboration
Founded	2016 (2016), in San Francisco, California, United States.
Founder	Matt Nish Matt Brown Redon Gjika
Area served	Global
Products	Projects CRM Invoicing Resource Management Time Tracking
Services	Web applications
Number of employees	25 (2024)
Website	www.hellobonsai.com

Bonsai is a project management software designed to assist small businesses and teams in managing tasks, client relationships, invoicing, and contracts. The software provides a streamlined solution for managing workflows, financial processes, and client collaboration. Since its release, Bonsai has gained a strong following among agencies and service-based professionals due to its comprehensive approach to business management.

Company history

Bonsai was founded in 2016 with the goal of simplifying administrative tasks for freelancers and small teams. Initially starting as a tool for creating contracts and invoices, the platform quickly evolved to include more robust project management features such as task tracking, time tracking, and client communication.

Features

Bonsai offers a range of features that aim at making project management and business administration easier:

Project Management: Bonsai allows users to organize tasks and projects by milestones, ensuring timely completion. Features such as task prioritization, scheduling, and progress tracking help users manage multiple projects at once.

Client CRM: The software includes CRM (Customer Relationship Management) features, allowing users to store client information, track communication history, and maintain client relationships efficiently. It also offers a client portal that helps centralize all client communication and share documents.

Time Tracking: Teams can track the time spent on each project or task using the integrated timer. Bonsai also generates timesheets and reports on utilization and actual time vs estimates. Billable time can also be linked to invoices for accurate billing.

Invoicing and Payments: The software provides built-in tools for generating professional invoices, setting up recurring invoices, and accepting payments from clients via integrated payment platforms such as PayPal, Stripe, and others.

Contracts and Proposals: Bonsai provides customizable contract and proposal templates to help users quickly create legally vetted agreements. It also supports e-signatures, which enable a seamless execution of contracts with clients.

Resource Management: the software also provides a resource planning tool, allowing users to balance workload and optimize their team capacity.

Expense Tracking: Bonsai includes an expense management feature that helps users keep track of business expenses and easily categorize them for tax reporting purposes.

Financial Reporting: Users can generate financial reports such as income statements and expense summaries, giving them a clear overview of their business performance.

Automation: The platform incorporates automation features, such as sending recurring invoices, follow-up reminders for payments, and automated contract signing processes.