MyRenewals vs Monday.com for Contract Renewal Tracking

Monday.com is a capable project management platform. But building a renewal alert system inside it means assembling automation recipes from scratch — and paying project management pricing for a contract tracking use case.

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The Honest Assessment

Monday.com is a strong product for project and task management. Teams that already use it for workflows, campaigns, and sprints can also build contract tracking boards — and for teams that live in Monday, keeping contracts alongside other work has obvious appeal.

The problem is that Monday's strength is task and project workflow, not date-based contract lifecycle management. The renewal alert logic has to be built from scratch using Monday's automation builder — which requires multiple automation recipes per contract type, careful configuration to handle 90/60/30/7 day cadences correctly, and ongoing maintenance when automations break or team structures change.

And then there's the price. Monday starts at £9 per user per month. For a team of three tracking contracts, that's £27/month for a system you still had to build yourself. MyRenewals Starter is £7/month with everything already included — no automation setup required.

Where Monday.com Falls Short for Renewal Tracking

These aren't criticisms of Monday as a product — they're the natural limits of using a project management tool for a contract alerting use case.

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Automations Are Complex to Set Up Correctly

Building a 90/60/30/7 day alert cadence in Monday requires multiple automation recipes — one for each alert stage. Each automation needs to be set up correctly, tested, and monitored. If a recipe breaks silently — which they do — alerts stop firing and you won't know until a renewal is missed.

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Expensive for a Single Use Case

Monday starts at £9 per user per month. For a team of three tracking contracts, that's £27/month minimum — for a system you still had to build yourself, using a platform primarily designed for project management. MyRenewals Starter is £7/month with renewal alerts, audit trail, and client/supplier grouping all included from day one.

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No Renewal-Specific Fields or Logic

Monday has date columns, but no built-in concept of notice periods, term lengths, or renewal history. There's no dashboard that automatically surfaces contracts approaching expiry — you have to build the views, the filtered displays, and the escalation logic yourself. Every Monday contract tracker looks different because everyone built it from scratch.

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Too Much Tool for the Job

Monday is designed for complex project workflows with dependencies, timelines, workloads, and Gantt charts. Using it for contract renewal tracking means paying for a full project management suite while missing the specific features that matter for renewals — notice period calculation, multi-stage alert cadences, and a compliance-ready audit history.

Feature Comparison

Feature Monday.com MyRenewals
Automatic renewal alerts (90/60/30/7 days)Build yourself Built in
Purpose-built for renewals
Works out of the box Requires setup
Notice period trackingManual setup required
Full audit historyActivity log only
Client & supplier groupingManual boards/groups
CSV import
Free plan available 10 renewals
Monthly cost for 3 users£27+/month£7/month

When to Use Which

Choose Monday.com if…

  • You already use Monday for project management and want contracts in the same tool
  • You want contracts alongside projects, tasks, and CRM in one platform
  • You have an operations team comfortable with building and maintaining Monday automations

Choose MyRenewals if…

  • You just need renewals tracked and alerts sent — no building required
  • You want a fixed, low monthly cost without per-user pricing
  • You need it working within minutes of signing up
  • You want audit-ready history without building it yourself

Stop building — start tracking

MyRenewals is ready to use the moment you sign up. No automations to configure, no per-user pricing.

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