Paymo

Help businesses manage invoicing, payments, project tracking, and client billing.

Paymo Overview

Paymo is a versatile business invoicing and project management software designed to streamline work processes for small to medium-sized teams. It allows users to create and send professional invoices, track time, manage projects, and monitor expenses in one centralized platform.

With its intuitive interface and integrated tools, Paymo helps businesses improve efficiency, maintain accurate records, and ensure timely payments from clients.

Key Features

  • Invoicing : Create professional invoices, send them to clients, and track payments in one place.
  • Time Tracking : Record hours worked on tasks and projects, which helps improve billing accuracy.
  • Project Management : Plan, assign, and monitor projects with views such as Kanban boards, lists, and calendars.
  • Task Management : Break work into smaller steps, assign them to team members, and track progress.
  • Expense Tracking : Log and categorize costs so you can keep better control over your budget.
  • Team Collaboration : Share files, exchange comments, and keep all communication organized within the project workspace.
  • Reporting and Analytics : Generate reports that provide insights into productivity, costs, and project performance.
  • Integrations : Connect with popular tools and services to make workflows more efficient.

Price

Plan Price (per user/month) Key Features & Inclusions
Free $0 Unlimited users, time tracking, invoices, tasks; up to 5 clients, 10 projects; 1 GB storage
Starter $9.90 (monthly) or $5.90 (annual rate) Adds unlimited clients/projects, flat-rate & retainer projects, calendar & Kanban views, guest access, 5 GB storage
Small Office $15.90 (monthly) or $10.90 (annual rate) Adds spreadsheet view, meta-Kanban board, recurring tasks, bulk time entries, timesheet approvals/reports, templates, profitability tracking, proofing/versioning, integrations/API access, 50 GB storage
Business $23.90 (monthly) or $16.90 (annual rate) Adds Gantt chart view, task dependencies, portfolio Gantt, employee scheduling/workload, project schedule timeline, ghost bookings, leave management, priority support, remote assistance, 500 GB storage

Check pricing link: https://www.paymoapp.com/pricing/

Pros

Competitor Pros of Paymo
Wrike Paymo offers a simpler and more affordable experience, which suits small teams. It blends time tracking, invoicing, and project views like Kanban and Gantt in one tool, while Wrike tends to be more expensive and slower to reach return on investment.
Monday.com Paymo stands out with built-in invoicing and time tracking in a single platform. That means you don’t need to integrate separate billing tools. Monday.com also tends to cost more and takes longer to deliver ROI.
Teamwork.com Paymo gives a clear edge for teams that need tight billing control. It combines tracking, invoicing, and project management smoothly, while Teamwork.com, although strong in general project work, may not link billing and time as directly.
Harvest Paymo typically scores higher in customer support and offers better value. It also provides a powerful mix of time tracking and invoicing integrated with its project tools, which Harvest offers but often via external connections.

Cons

Competitor Cons of Paymo
Wrike Wrike includes more advanced workflow automation and resource tools. Teams that need complex project structures or enterprise-level collaboration may find Paymo’s features limited.
Monday.com Monday.com offers a highly visual interface and easy-to-use dashboards with many templates. Paymo’s interface and onboarding can feel less intuitive in comparison.
Teamwork.com Teamwork.com often delivers more powerful features for client operations, agency workflows, and larger team management. Paymo may fall short when a business needs extensive client workflows or agency-level reporting.
Harvest Harvest lacks the depth of integrated project management features Paymo provides. If a team wants a full project platform with built-in billing and task views, Paymo offers more than Harvest’s primarily time-focused solution.

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