Some links may be affiliate links. We may earn a commission at no extra cost to you. Learn more

Paymo Review [2026]

Paymo is an all-in-one project management software with built-in time tracking and invoicing tailored for small businesses and teams to manage tasks, bill clients, and track profitability from one platform. It enables seamless conversion of timesheets to invoices, mobile billing, and online payments while offering a free tier for basic needs.

4.2 (850 reviews)
| Invoicing
Last updated: March 5, 2026

Best For

Small teams and freelancers needing integrated time tracking and invoicingAgencies managing client projects with billable hours and expensesBusinesses tracking profitability per project

Not Ideal For

Complex integrations

Pricing

Free plan available Free Tier

We may earn a commission when you visit links on our site. However, this does not influence our evaluations. Our reviews are based on independent analysis and our commitment to providing honest, unbiased information. Learn more about our editorial standards.

4.2/5 Average Rating
850 Reviews
Free Starting Price
freemium Pricing Model

Overview

Paymo is an all-in-one project management software with built-in time tracking and invoicing tailored for small businesses and teams to manage tasks, bill clients, and track profitability from one platform. It enables seamless conversion of timesheets to invoices, mobile billing, and online payments while offering a free tier for basic needs. With a 4.2/5 rating from 850 reviews, Paymo has established itself as a reliable solution in the invoicing space. The platform is designed for small teams and freelancers needing integrated time tracking and invoicing, offering 12 key features to streamline your workflow. Getting started is risk-free with their free tier, making it accessible for teams of all sizes. What sets Paymo apart is all-in-one tool combining time tracking, project management, and invoicing, making it particularly valuable for teams that need invoicing capabilities. The tool integrates seamlessly with 5 popular platforms including PayPal, Stripe, Authorize.net, ensuring it fits naturally into your existing tech stack.

Best for: Small teams and freelancers needing integrated time tracking and invoicingAgencies managing client projects with billable hours and expensesBusinesses tracking profitability per projectRemote teams requiring mobile invoicing and client portals

Not a Good Fit If

  • You need extensive third-party integrations

Use Cases

Small teams and freelancers needing integrated time tracking and invoicing
Agencies managing client projects with billable hours and expenses
Businesses tracking profitability per project
Remote teams requiring mobile invoicing and client portals

Quick Comparison

Quick Comparison

Tool Rating Starting Price Best For
Paymo Current
4.2/5 Free Small teams and freelancers needing integrated time tracking and invoicing Visit
Zoho Invoice
4.7/5 Free Small businesses needing professional invoicing Compare
FreshBooks
4.5/5 $23 Freelancers and consultants Compare
Wave
4.3/5 Free Small business owners starting out with limited budgets Compare
Invoice Ninja
4.3/5 Free Freelancers and consultants Compare
Bonsai
4.3/5 $39 Freelancers and consultants needing quick proposals, contracts, and invoicing Compare

Our Evaluation

How We Evaluate Paymo

Our evaluation process uses a consistent framework to assess Paymo across key dimensions. Each criterion is scored based on real-world testing, user feedback, and industry standards.

Pricing & Value

5/5

Offers free tier with core features

Feature Set

4/5

12 core features available

User Experience

4/5

Rated 4.2/5 by 850 users

Integrations

2/5

Connects with 5+ popular tools

Support & Documentation

4/5

Multiple support channels available

Our reviews are based on hands-on testing, verified user reviews, and official documentation. Learn about our editorial process.

Key Features

Time tracking

Convert timesheets to invoices

Mobile invoicing

Recurring invoices

Estimates

Expense tracking

Online payments

Client portal

Profitability tracking

Multi-language invoices

WYSIWYG invoice editing

Employee performance widgets

Pricing Plans

Starting from Free
Free tier available
freemium pricing

Free

Free
  • Basic time tracking
  • Invoicing with watermarks
  • Expense tracking
  • Client portal

Advanced

$29.9/mo
  • Task Gantt Chart View
  • Task Dependencies
  • Portfolio Gantt Chart
  • Employee Scheduling & Workload
  • Timesheet Approvals

Pricing information is based on publicly available data and may change. Always verify current pricing on the vendor's official website before making a purchase decision.

Pros & Cons

Paymo Pros & Cons

Pros
  • All-in-one tool combining time tracking, project management, and invoicing
  • Free plan for lifetime invoicing with basic features
  • Mobile invoicing and expense capture for on-the-go use
  • Seamless timesheet-to-invoice conversion
  • Multiple payment gateways for fast client payments
  • Real-time profitability and performance monitoring
  • Client portal for self-service invoice management
Cons
  • Free plan includes watermarks on invoices
  • Limited invoicing functionalities compared to dedicated tools
  • Higher pricing for advanced features vs invoicing-only competitors
  • Some features like PM Payments limited to US customers
  • Dependency on integrations for full payment processing

Integrations

PayPal Stripe Authorize.netPM PaymentsAPI Access

Top Alternatives to Paymo

Zoho Invoice

4.7 (1.3k reviews)

A comprehensive invoicing software designed for small businesses and freelancers to create professional invoices, track expenses, and get paid faster. Features customizable templates, automated payment reminders, and seamless integration with multiple payment gateways.

Free

FreshBooks

4.5 (5.0k reviews)

Cloud-based accounting software designed for freelancers and small businesses to manage invoicing, expense tracking, time tracking, and project management. Known for its user-friendly interface and comprehensive invoicing features that help service-based businesses streamline their financial operations.

$23/mo

Wave

4.3 (350.0k reviews)

Wave is a comprehensive accounting and invoicing platform designed specifically for small businesses, freelancers, and solopreneurs. It offers free core accounting features with optional paid services like payment processing, payroll, and bookkeeping support.

Free

Invoice Ninja

4.3 (2.5k reviews)

Invoice Ninja is a comprehensive invoicing and billing platform designed for freelancers, consultants, and small businesses. It offers both hosted SaaS and self-hosted options with features like professional invoice templates, online payments, time tracking, and expense management.

Free

Bonsai

4.3 (1.0k reviews)

Bonsai provides invoicing software with automated billing, payments, and reporting integrated into a full business management suite for small teams. It excels in branded templates, time/expense tracking, and client management to simplify cash flow.

$39/mo

HoneyBook

4.3 (850 reviews)

HoneyBook is an AI-powered client relationship platform that streamlines invoices, payments, proposals, contracts, and automations in one hub for independent professionals. It emphasizes faster payments with 90% of invoices paid on time or early through professional client experiences via customizable templates and portals.

$19/mo

Harpoon

4.3 (150 reviews)

Forward-looking time-tracking and invoicing software designed to help freelancers, agencies, and studios plan and forecast profitable futures. Features The Harpoon Method for financial clarity and business growth.

Free

Detailed Comparisons

More from SaaSCompare

Paymo FAQ

What is Paymo?

Paymo is a invoicing tool that paymo is an all-in-one project management software with built-in time tracking and invoicing tailored for small businesses and teams to manage tasks, bill clients, and track profitability from one platform. it enables seamless conversion of timesheets to invoices, mobile billing, and online payments while offering a free tier for basic needs.

How much does Paymo cost?

Paymo offers a free tier and starts at $0/month. Pricing may vary, so we recommend checking their official website for the most current rates.

What are the key features of Paymo?

Key features of Paymo include: Time tracking, Convert timesheets to invoices, Mobile invoicing, Recurring invoices, Estimates.

Who is Paymo best for?

Paymo is best for Small teams and freelancers needing integrated time tracking and invoicing, Agencies managing client projects with billable hours and expenses, Businesses tracking profitability per project. It's particularly well-suited for teams looking for invoicing capabilities.

What are the pros and cons of Paymo?

Pros: All-in-one tool combining time tracking, project management, and invoicing, Free plan for lifetime invoicing with basic features. Cons: Free plan includes watermarks on invoices, Limited invoicing functionalities compared to dedicated tools. Check our full review for detailed analysis.

What integrations does Paymo support?

Paymo integrates with PayPal, Stripe, Authorize.net, PM Payments, API Access, and many more popular tools to streamline your workflow.

Are there alternatives to Paymo?

Yes, top alternatives to Paymo include Zoho Invoice, FreshBooks, Wave. Check our alternatives page for detailed comparisons.

Does Paymo offer a free trial?

Yes, Paymo offers a free tier so you can try it before committing to a paid plan.

How does Paymo compare to competitors?

Paymo stands out with all-in-one tool combining time tracking, project management, and invoicing, though free plan includes watermarks on invoices. Compare it directly with competitors on our comparison pages.

What is the Paymo rating?

Paymo has an average rating of 4.2 out of 5 stars based on 850 reviews, making it a well-regarded option in the invoicing category.

AM
Alex Morgan Senior SaaS Analyst

Alex has spent over 8 years analyzing and comparing business software solutions. With a background in enterprise software sales and product management, he brings hands-on experience to every review. Alex specializes in CRM, marketing automation, and sales enablement tools.

127 articles
CRMMarketing AutomationSales Tools