Paymo vs FreshBooks

Struggling to choose between Paymo and FreshBooks? Both products offer unique advantages, making it a tough decision.

Paymo is a Business & Commerce solution with tags like time-tracking, project-management, invoicing, reporting.

It boasts features such as Time tracking, Project management, Task management, Expense tracking, Invoicing, Collaboration tools, Over 30 reports and pros including Comprehensive project management features, Intuitive user interface, Integrates with various third-party apps, Offers a mobile app for on-the-go time tracking.

On the other hand, FreshBooks is a Business & Commerce product tagged with accounting, invoicing, billing, payments, expenses.

Its standout features include Online invoicing, Time tracking, Online payments, Expense tracking, Accounting reports, Project management, Multi-currency support, Mobile app, and it shines with pros like User-friendly interface, Automates billing and invoicing, Integrates with many business apps, Offers mobile access, Reasonable pricing.

Feature	Paymo	FreshBooks
Overall Score	N/A	N/A
Primary Category	Business & Commerce	Business & Commerce

Product Overview

Paymo

Description: Paymo is an online time tracking and project management software designed for freelancers, agencies and small businesses. It allows users to track time, manage projects and tasks, invoice clients and generate reports. Key features include time tracking, expense tracking, task management, invoicing, collaboration tools and over 30 reports.

FreshBooks

Description: FreshBooks is an easy-to-use online accounting and invoicing software designed for small businesses and self-employed professionals. It allows users to track expenses, create professional invoices, accept online payments, and manage their accounting all in one place.

Key Features Comparison

Paymo Features

• Time tracking
• Project management
• Task management
• Expense tracking
• Invoicing
• Collaboration tools
• Over 30 reports

FreshBooks Features

• Online invoicing
• Time tracking
• Online payments
• Expense tracking
• Accounting reports
• Project management
• Multi-currency support
• Mobile app

Pros & Cons Analysis

Paymo

Pros

• Comprehensive project management features
• Intuitive user interface
• Integrates with various third-party apps
• Offers a mobile app for on-the-go time tracking

Cons

• Limited free plan features
• Pricing can be expensive for small teams
• Customization options are limited

FreshBooks

Pros

• User-friendly interface
• Automates billing and invoicing
• Integrates with many business apps
• Offers mobile access
• Reasonable pricing

Cons

• Steep learning curve for advanced features
• Limited customization options
• Lacks some advanced accounting features
• Only available as web and mobile app

Pricing Comparison

Paymo

• Freemium
• Subscription-Based

FreshBooks

• Freemium
• Subscription-Based