TimeStatement vs Paymo

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

TimeStatement is a Office & Productivity solution with tags like time-tracking, invoicing, billing, expenses, estimates, reporting.

It boasts features such as Time tracking, Invoicing, Hourly and fixed pricing, Recurring invoices, Expense tracking, Estimates, Financial reporting and pros including Easy to use interface, Integrates with popular tools, Comprehensive time tracking and invoicing features, Affordable pricing options.

On the other hand, Paymo is a Business & Commerce product tagged with time-tracking, project-management, invoicing, reporting.

Its standout features include Time tracking, Project management, Task management, Expense tracking, Invoicing, Collaboration tools, Over 30 reports, and it shines with pros like Comprehensive project management features, Intuitive user interface, Integrates with various third-party apps, Offers a mobile app for on-the-go time tracking.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

TimeStatement

TimeStatement

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.

Categories:
Office & Productivity Time Tracking
time-tracking invoicing billing expenses estimates reporting

TimeStatement Features

  1. Time tracking
  2. Invoicing
  3. Hourly and fixed pricing
  4. Recurring invoices
  5. Expense tracking
  6. Estimates
  7. Financial reporting

Pricing

  • Freemium
  • Subscription-Based

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

Paymo

Paymo

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.

Categories:
Business & Commerce Project Management
time-tracking project-management invoicing reporting

Paymo Features

  1. Time tracking
  2. Project management
  3. Task management
  4. Expense tracking
  5. Invoicing
  6. Collaboration tools
  7. Over 30 reports

Pricing

  • Freemium
  • Subscription-Based

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