Paymo vs TimeStatement

Struggling to choose between Paymo and TimeStatement? 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, TimeStatement is a Office & Productivity product tagged with time-tracking, invoicing, billing, expenses, estimates, reporting.

Its standout features include Time tracking, Invoicing, Hourly and fixed pricing, Recurring invoices, Expense tracking, Estimates, Financial reporting, and it shines with pros like Easy to use interface, Integrates with popular tools, Comprehensive time tracking and invoicing features, Affordable pricing options.

Feature	Paymo	TimeStatement
Overall Score	N/A	N/A
Primary Category	Business & Commerce	Office & Productivity

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.

TimeStatement

Description: TimeStatement is time tracking and invoicing software for freelancers and small teams. It allows you to track time spent on projects, create professional invoices, expenses, and estimates to bill clients. Key features include timers, hourly/fixed pricing, recurring invoices, and financial reporting.

Key Features Comparison

Paymo Features

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

TimeStatement Features

• Time tracking
• Invoicing
• Hourly and fixed pricing
• Recurring invoices
• Expense tracking
• Estimates
• Financial reporting

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

TimeStatement

Pros

• Easy to use interface
• Integrates with popular tools
• Comprehensive time tracking and invoicing features
• Affordable pricing options

Cons

• Limited customization options
• Mobile app could be more robust
• Lacks some advanced accounting features

Pricing Comparison

Paymo

• Freemium
• Subscription-Based

TimeStatement

• Freemium
• Subscription-Based