Paymo review 2026: project management, time tracking, and invoicing software pricing, features, pros and cons, and top alternatives for small teams.
Paymo is a work management application that combines project management, time tracking, task management, and client invoicing in a single platform. The company was co-founded in 2008 by Jan Lukacs and Andrei Gadoiu and is headquartered in Oradea, Romania, operating as a small, largely bootstrapped team serving small businesses, agencies, and freelancers.
The platform's core positioning is consolidation: rather than requiring separate tools for task management, time tracking, and invoicing, Paymo bundles all three so that tracked billable hours flow directly into client invoices. This appeals particularly to service-based businesses like creative and marketing agencies that need to track time against specific projects and bill clients accordingly.
Paymo supports multiple project views, including Kanban-style boards, Gantt-style timeline charts, simple task lists, and a spreadsheet-style table view, letting teams work the way that suits them. Native time tracking is available via desktop, mobile, and browser apps, including automatic idle-time detection so tracked hours stay accurate.
Tracked time flows directly into Paymo's invoicing module, letting freelancers and agencies generate client invoices from billable hours without a separate invoicing tool. Higher tiers add resource and employee scheduling, leave management, task dependencies, and portfolio-level Gantt charts for managing multiple projects at once.
Paymo offers a free plan limited to a single user with a small number of clients and projects, unlimited time tracking, and basic invoicing. Paid plans start with Solo at 5.90 dollars per month for a single user, followed by Plus at 10.90 dollars per user per month and Pro at 16.90 dollars per user per month, both supporting unlimited users, with annual billing offering a discount versus month-to-month pricing.
The Plus plan adds features like spreadsheet views, recurring tasks, timesheet reports, and project templates, while Pro adds task dependencies, portfolio Gantt charts, employee scheduling, leave management, and priority support, making it the best fit for growing agencies managing multiple simultaneous projects.
Yes, Paymo offers a free plan for a single user with limited clients, projects, and storage; paid plans start at 5.90 dollars per month for the Solo tier.
Paymo's paid plans start at Solo for 5.90 dollars per month (1 user), Plus at 10.90 dollars per user per month, and Pro at 16.90 dollars per user per month, all billed annually for these rates.
Yes, Paymo lets users generate client invoices directly from tracked billable time, without needing a separate invoicing tool.
Paymo is headquartered in Oradea, Romania, and was founded in 2008.
Paymo is best suited for freelancers, small creative and marketing agencies, and small to midsize businesses that want project management, time tracking, and invoicing in one tool.
Yes, Paymo's desktop and mobile time-tracking apps include automatic idle-time detection to keep tracked hours accurate.
Paymo competes with Asana, Monday.com, and ClickUp for project management, and with Toggl Track and Harvest for time tracking and invoicing specifically.
Yes, resource and employee scheduling is available, with leave management included on the Pro plan.