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Momenteo

Momenteo helps freelancers manage clients, invoices, expenses, and track financial health effortlessly.

Momenteo Overview

Momenteo is a cloud-based accounting software designed for freelancers and small businesses. It simplifies financial tasks with features like automated invoicing, expense tracking, time management, and client management.

With a user-friendly interface, it supports multi-currency transactions and integrates with payment platforms like PayPal and Stripe. Momenteo offers customizable invoices, financial reporting, and mobile apps, helping users streamline operations and maintain a clear overview of their financial health.

Key Features

  • Invoice Creation and Customization: Create professional invoices with customizable templates, logos, fonts, and colors to reflect your brand.
  • Estimate Creation and Conversion: Generate and send estimates, easily convertible to invoices upon client approval.
  • Expense Tracking: Record, categorize, and archive expenses using a mobile app, simplifying budgeting and tax preparation.
  • Time Tracking: Track billable hours accurately with a built-in timer, ideal for freelancers billing by time (premium plans only).
  • Client Management: Organize client information, including contact details, currency, language, and communication history, for efficient invoicing and interaction.
  • Travel Expense Tracking: Log mileage and travel expenses, automatically calculate costs, and add them to invoices or track for reimbursement.
  • Financial Reporting: Access reports on income, expenses, and profit/loss to monitor financial performance and make informed decisions.
  • Multi-Currency Support: Invoice in multiple currencies with automatic exchange rate conversions, ideal for international clients.
  • Online Payment Integration: Link with PayPal or Stripe to receive payments directly through invoices, streamlining cash flow.
  • Mobile App: Manage invoicing, expenses, and receipts on the go with iOS and Android apps, including receipt scanning for audits.
  • Automated Recurring Invoicing: Set up recurring invoices for regular clients, reducing manual work and ensuring timely billing.
  • Invoice Status Tracking: Monitor invoice statuses (sent, viewed, paid) and send reminders or account statements to manage payments.
  • Bank Reconciliation: Add cash inflows and outflows to a calendar for quick and easy bank reconciliation at month’s end.
  • Data Security: Store accounting data securely in the cloud with robust protection measures for user information.
  • Multilingual Invoicing: Send invoices in English or French, with language assignment per client for seamless communication.

Price

Plan Name Price (per month, billed annually) Active Clients (per fiscal year) Features Included
Free $0 2 active clients Core features: invoices, quotes, clients, calendar, travels, estimates, reports, expenses; offline payments; invoices show “Powered by Momenteo” footer; support.
Start $8.00 5 active clients Everything in Free, plus: online payments, accountant access.
Explore $11.45 10 active clients Everything in Start, plus: payment reminders, time tracking, remove Momenteo footer.
Plus $14.90 Unlimited active clients All features in Explore, plus: unlimited clients.

Check pricing details: https://www.momenteo.com/pricing

Pros

Competitor Pros of Momenteo
QuickBooks Online Momenteo offers expense reporting that stands out for its intuitive layout and easy receipt management. And its customer support often gets praise for being responsive and helpful, which makes users feel well supported.
FreshBooks Momenteo keeps its interface simple and clear with calendar-based navigation, which helps freelancers or small businesses stay organized without distraction. It also includes a time tracker built right in, so you can bill directly for time worked.
Wave Accounting Momenteo gives you a clean and attractive user interface that some users find prettier and easier to navigate than Wave’s. And Momenteo supports multicurrency invoicing and automatic reminders, which Wave’s free version may not handle as flexibly.
Zoho Invoice Momenteo keeps its pricing simple and focused on essentials, and makes it easy to connect Stripe or PayPal for online payments. The design stays neat and uncluttered so users can send invoices without feeling overwhelmed by other features.
Invoicera Momenteo makes it easy to work with receipts and expenses through its mobile receipt capture tool, which saves time and reduces hassle. It also offers automatic billing and recurring invoicing with reminders, which keeps cash flow predictable.

Cons

Competitor Cons of Momenteo
QuickBooks Online QuickBooks offers deeper bank and credit card integrations along with advanced invoice customization. Momenteo’s integration options are more limited, which may slow transaction syncing.
FreshBooks FreshBooks includes mobile apps and gives a more polished mobile experience. Momenteo lacks a dedicated app, which may be less convenient for users on the go.
Wave Accounting Wave is free for basic use and offers integrated accounting and payroll tools. Momenteo’s advanced features come under paid plans, and it does not offer payroll or full accounting features.
Zoho Invoice Zoho Invoice plugs into a large ecosystem, such as CRM and mail tools, and offers extensive reports. Momenteo doesn’t integrate with other systems or apps, limiting workflow expansion.
Invoicera Invoicera supports numerous payment gateways and has more flexible subscription billing options. Momenteo supports only Stripe and PayPal, which may leave out preferred payment tools for some users.

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