Paymo
Project management, time tracking, and invoicing in one platform.
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Paymo is a work management platform combining project planning, team collaboration, time tracking, and client invoicing. Unlike pure invoicing tools, Paymo offers Gantt charts, kanban boards, and task management alongside billing — making it a strong choice for freelancers who manage multi-phase projects and want to invoice based on tracked work.
Our Scores
4.1
Ease of Use
4.4
Features
4.5
Value
4.1
Support
Pros & Cons
Pros
- ✓Full project management (Gantt, kanban) plus invoicing in one tool
- ✓Automatic time-to-invoice conversion
- ✓Free plan available for 1 user
- ✓Budget tracking warns when projects exceed estimate
- ✓Expense tracking and basic financial reports
Cons
- ✗Not a full accounting tool — no balance sheet or P&L
- ✗Interface can feel cluttered with many features
- ✗Mobile app less capable than desktop
- ✗Free plan limited to 1 user and 5 clients
Best For
- →Freelancers managing complex multi-phase projects
- →Those who need project management and invoicing in one tool
- →Consultants tracking time across tasks and projects
- →Small agencies billing clients based on project work
Not Ideal For
- ✗Simple invoicing-only needs
- ✗Those wanting full accounting or bookkeeping
- ✗Freelancers who prefer minimal tools
Pricing Plans
Free
Free
- ✓1 user
- ✓5 clients
- ✓Time tracking
- ✓Invoicing
- ✓Task management
Starter
$5.9/month per user
- ✓Unlimited clients
- ✓Unlimited projects
- ✓Recurring tasks
- ✓Budget tracking
Small Office
$10.9/month per user
- ✓Everything above
- ✓Project templates
- ✓Gantt charts
- ✓Expense tracking
- ✓Client reports
Frequently Asked Questions
Is Paymo good for freelancers?
Paymo is excellent for freelancers who manage project-based work and need to track time against tasks before billing. It bridges the gap between project management and invoicing.
Does Paymo integrate with accounting software?
Paymo integrates with QuickBooks Online and Xero, allowing you to sync invoices to your accounting software for proper bookkeeping.
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Tax Information Notice
This content is for informational and educational purposes only. It does not constitute tax, legal, or financial advice. Tax laws change frequently. Always consult a qualified CPA or Enrolled Agent for your specific situation.