Paymo Pricing Plans
Paymo offers four tiers including a generous free plan for solo users. Annual billing saves up to 40% (effectively 2 months free) versus monthly. All plans include the desktop time tracker, mobile apps, and unlimited clients.
- Free: $0 — 1 user, time tracking, automatic time tracking, basic project management, 10 projects, 1 invoice template, simple reports
- Starter: $5.95/user/month (annual) or $9.95/user/month — solo plan (1 user only), unlimited projects, full invoicing, online payments, recurring invoices, time-tracker desktop widget, mobile time tracker
- Small Office: $11.95/user/month (annual) or $15.95/user/month — multi-user collaboration, task management, kanban boards, profitability tracking, integrations (Slack, Xero, QuickBooks, JotForm), 5 GB storage/user
- Business: $19.95/user/month (annual) or $23.95/user/month — resource scheduling, Gantt charts, employee leave management, advanced workflow automation, free onboarding, priority support, 50 GB storage/user
All paid plans include unlimited clients, unlimited tasks, and 24/7 support. Annual billing saves up to 40% (2 months free). A 15-day free trial is available on all paid plans, and Paymo offers 50% discounts for nonprofits and educational institutions.
Paymo Reviews
Paymo Review
Pros and Cons of Paymo
Paymo brings task management, time tracking, and invoicing into a single platform, which makes it especially appealing to freelancers and small-to-medium agencies. Like any tool, it has clear strengths and a few trade-offs worth knowing before you commit.
Pros
- Built-in time tracking that converts logged hours directly into professional, multi-currency invoices.
- Complete project lifecycle in one place – estimates, tasks, scheduling, and payments.
- Visual resource scheduling and a leave planner to spot over- and under-booked team members.
- Both Kanban boards and Gantt charts for flexible project planning.
- Generous free plan for solo users and affordable paid tiers starting at $5.90/user/month.
- Native desktop and mobile time-tracker apps with automatic tracking.
Cons
- Some advanced features – Gantt charts, task dependencies, and employee scheduling – are limited to the higher Business plan.
- A learning curve for beginners due to the breadth of features.
- No built-in team chat, so messaging still relies on comments or a separate tool.
- The mobile app is lighter on features than the web and desktop versions.
Paymo vs Asana
Paymo vs Asana is a common comparison among project managers. Asana excels at pure task collaboration, automation, and a large integration ecosystem, making it a strong fit for larger cross-functional teams. Paymo, by contrast, bundles time tracking, invoicing, and expense management directly into the workflow, so freelancers and agencies can manage projects and bill clients without bolting on extra tools. If your priority is getting paid accurately for tracked work, Paymo is the more complete value; if you need enterprise-scale task coordination, Asana has the edge.
Ankit Sinha Project Manager
Review Date: 13 June, 2025
Megan Walsh Freelance Designer
Paymo Alternatives
When exploring Paymo alternative tools, you’ll find few that balance project tracking and invoicing as effectively. Tools like Asana, Trello, and Monday.com are popular, but Paymo review highlights its built-in time tracking and billing features that eliminate the need for multiple subscriptions. These advantages make it one of the best Paymo alternatives for complete project management.
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