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Paymo Review

9.2/10 (Tekpon Score)
Product is rated as #2 in category Accounting
Paymo is a software product created back in 2007 by an agency that acknowledges their need for a time tracking application while working on their own projects. Thus, the owners decided to develop their own software incorporating project management and invoicing to cover the needs of a small agency.
UX/UI
9
Ease of Use
10
Value for Money
8.5
Features
9
Customer Service
9.5
PROS:
  • Time Tracking
  • 3 in 1 tool
  • Easy to use
  • Non-profit pricing
  • Value for money
  • Available on all devices
  • 20 languages
CONS:
  • A low number of integrations

Videos: Paymo


About Paymo

Paymo is more than a project management app, a project management app with an edge ideal for freelancers, small and medium-sized businesses. Let’s now continue with the Paymo review to fully understand where the edge lies in this tool, what it can do and can’t for you and why you need to keep looking, or it’s a perfect fit for you. To achieve that, the Paymo review will treat aspects such as:

  • Features
  • Pricing
  • Alternatives
  • Integrations

Dashboard-tekpon

What is Paymo?

Our notion of what Paymo is is – If Freshbooks would meet Asana and they had a baby, the baby would be called Paymo-. Now, what Paymo is a whole other story.

Paymo is a project management platform that helps companies manage projects, keep deadlines and bill their clients. The project management software was created around the needs of small and medium-sized businesses and freelancers and comes both cloud-based and with apps for IOS and Android devices.

Moreover, Paymo 3’s interface is available in Spanish, German, French, Italian, Dutch, Czech, Danish, Finnish, Polish, Portuguese (Brazil or Portugal), Romanian, Russian, Serbian (Cyrillic or Latin), or Swedish.

What is Paymo 3?

Paymo 3 is the latest version of Paymo available on the market. The updated version comes with more flexibility and a better overall user experience. Amongst the newest perks are drag and drop, customizable templates that you can save and use on multiple projects, time for all your users, a new dashboard, and connections to payment gateways.


How do you use Paymo?

Picture this you are a small business, let’s say a web development agency. You have a high flux of new projects coming on a nearly daily basis where you need to involve several team members. Add a picky client that keeps on changing his mind about what he wants last minute. On top of that, add all the accounting and invoicing and make sure you get paid for the projects you already deliver. Now, you are probably thinking the same thing as we do – What a mess !?-

This is precisely where Paymo comes in to help you restore order to the chaos.

Start by creating the Client into the Paymo app, add their contact information, the hourly rate that you agreed on, fiscal information for invoicing, and the default invoice term, click save, and you are done.

Client-Tekpon Paymo Review

Second, create a project. Name the project in Paymo, set the responsible employee for the project, start assigning a task with deadlines, describe the project, and share relevant files with your team members regarding the project.

Projects-Tekpon Paymo app review

Continue by following the activity discussions and the milestones reached in Paymo or left it to the project manager. Third, continue invoicing to create estimates that can be later converted into invoices and send them to your clients for partial or complete payments directly through Paymo.

Invoice - Tekpon

Last, set up your online payment for easy tracking of payments directly into the app.


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Paymoapp Features

The Paymo app comes with various features from planning and scheduling to accounting, making it a versatile software ready to satisfy any freelancer and small business out there. Thus the features that we will be looking at are the following:

Paymo app features
Milestones Task Hours Budget
Project Templates Kanban Boards
Gantt Charts Task Priorities
Portfolio Gantt Charts Task Alerts
Critical Path Convert project into Estimate
Comment on task Meta Kanban Board
Dependencies Recurring Task
Multi-user assigning Events/Holidays
Task Duration Resources Load Chart
User Permissions Unscheduled Work
Budgeting Expense Tracking
Financial Indicators Fixed-price Rates
Time-Based Rates Billing Priorities
Activity Stream Real-Time Discussions
Notifications Attach Files
File Organization Unlimited Storage Space
Time Clock Time Tracking
Add Bulk Time Desktop Apps
Automatic Time Tracking Time Reports
Users Reports Reports Exporting
Report Sharing Additional Languages
Customizable Dashboard Customizable Workspace
Create Estimates Create Invoices
Multi-language Invoices Recurring Profiles
Direct Payments Email templates
Mobile Apps Integrations

Furthermore, the software comes not only with a Paymo widget but also with IOS and Android applications apart from the cloud-based desktop version. The cool part about this aspect is that it gives you an incredible amount of flexibility and the option to edit. Tasks, create a project, add clients, check progress live and bill your clients straight from your mobile device. Apart from that, it also offers API.

Above all, keep in mind that one of the perks we enjoyed the most was that you could also edit offline, and the updates will be live once you have an internet connection. 

Overview of Paymo 3 benefits

Paymoapp has a life cycle approach to project management, making it extremely easy for the least experienced entrepreneur to manage their projects. The tool comes with some great time-saving features such as milestones alerts and time reports. Milestones will allow you to split your tasks into smaller ones to keep your team motivated and feeling as they are conquering the world.

Planning & Scheduling- Tekpon Paymo review

Moreover, Paymo helps you keep track of your expenses. Your clients informed through estimates, transform them into invoices, or bill your clients according to the time you spent on the project through time tracking and the initial setup price per hour pre-established.

Costumization-tekpon

Last, the most important benefit of them all that Paymo brings to the table is that it enables you to have one app that incorporates a task management tool, time tracking, and invoicing software, saving you from purchasing 2-3 apps.


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Paymo Integrations

As a software that is somewhat a 3 in 1 service, it has a relatively more minor number of integrations available in contrast to some of its competitors. We are wondering what we can call a competitor for this app as it does so much more than it initially prepared you to with the term project management tool. Going back to the Paymo integration, let’s list some of the most remarkable and known ones:

  • Zapier
  • Adobe CC Extension
  • Quickbooks Online
  • Slack
  • Google Calendar
  • Typeform
  • Google Apps
  • Xero etc.

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Paymo Alternatives

Some of the top Paymo app alternatives are:

For more details on the differences found in the features and Paymo pricing plans and its competitors, please visit our Paymo alternatives section.


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Paymo Pricing

The project management software comes with three Free packages, Small office and Business. Furthermore, Paymo offers a 15 days free trial for its premium plans.

Starting from: $9.95/user/month
Pricing model: monthly or annually
Free Trial: 15 days

Moreover, Paymo also supports non-profit organizations by offering them a 50% discount.

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Overview

In conclusion, after the Paymo review, we can say that Paymo is a very versatile software that incorporates several apps in one. The software incorporates project management, time tracking, and accounting tool, which will save you money and keep you organized for a long time. We would recommend the app for freelancers, small and medium-sized enterprises.

Moreover, Paymo 3 is accessible on all devices and enables you to create, update and invoice your consumers while running other errands. Enjoy Paymo and let us know your opinion about the app and the review.

Specification: Paymo

customer-type Non-profit Organization, StartUps, Freelancers, Medium business, Small business
device-supported Desktops, Mobiles, Tablets
features Activity Stream, Add Bulk Time, Attach Files, Automatic Time Tracking, Billing Priorities, Budgeting, Comment on Tasks, Convert Project into Estimate, Critical Path, Customizable Dashboard, Customizable Workspace, Dependencies, Direct payments, Email templates, Estimates, Events/Holidays, Expenses tracking, File Organization, Financial Indicators, Fixed Price Rates, Gantt Charts, Invoicing, Kanban Boards, Meta Kanban Board, Milestones, Multi-language Invoices, Multi-User Assigning, Notifications, Permission, Portofolio Gantt Chart, Project Templates, Real-time Discussions, Recurring Profiles, Recurring Tasks, Report Exporting, Report Sharing, Resource Calendar Views, Resource Exceptions, Task Alerts, Task Duration, Task Hours Budget, Task Priorities, Task Templates, Team's Tasks, Time Based Rates, Time Clock, Time Reports, Time Tracking, Unlimited Storage Space, Unscheduled Work, User Reports
integrated-with Adobe Creative Cloud, Google, GrandTotal, JotForm, Lambda Test, PromoDone, Quickbooks, Rethink, Slack, Typeform, Xero, Zapier
languages Chech, Danish, dutch, English, Finnish, French, German, Italian, Polish, Portuguese, Romanian, Russian, Serbian, Spanish, Swedish
price-range 1-50, Free
pricing-model Business, NGO, Number of seats, Small Office, Freemium
users Unlimited
works on Android OS, Apple Mac OS, Cloud, Linux, SaaS, Web Browsers, Windows
Alina-Maria Stan

Alina is a vegetarian, yet she adores her hot dog, Sandy. But don't you worry, Alina's reviews will still be meaty. She is the team's peace before and after the brainstorm but pretty Viking when she has to sustain her ideas. Alina has lived in Denmark for eleven years, from there her state of being. Whenever she has some spare time, you would find her traveling, trying a new experience, exploring nature, naturally cuddling her dog and cat, or cooking something up whenever her husband is not near the kitchen.

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