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Paymo Pricing & Plans (2024 Guide)

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Author

Anastasia Belyh

Last Update

Nov 07, 2024

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4.5

0

Excellent Value For Price
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Paymo

Paymo offers a robust project management solution with comprehensive features and a user-friendly interface. Ideal for teams seeking efficient task management and time tracking capabilities.

  • Comprehensive project management features.
  • User-friendly interface and design.
  • Robust time tracking capabilities.
  • Limited integrations available.
  • Mobile app needs improvement.

Free plan?

Yes

Starting price

$3.9 per month per user

What is Paymo?

Paymo is a project management tool that helps teams manage tasks, track time, and collaborate efficiently. Its pricing reflects the value of comprehensive project tracking and team collaboration. With various plans, Paymo offers cost-effective solutions that enhance productivity without overpaying for unnecessary features.

How Much Does Paymo Cost?

Paymo offers a variety of pricing plans to cater to different business needs. Below is a detailed breakdown of Paymo’s plans, highlighting their key features for various team sizes and project requirements.

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Paymo Pricing Plans

Free
For Small Teams
$0

per month

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Free includes:
  • Track time without any limits for all projects.
  • Generate unlimited invoices for your clients.
  • Manage up to 5 clients efficiently.
  • Handle up to 10 projects simultaneously.
Starter
For Freelancers
$3.9

per month per user

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Includes Free, plus:
  • Handle unlimited projects for better scalability.
  • Access flat rate and retainer project options.
  • View tasks in a calendar format for better planning.
  • 5GB storage for all your project files and data.
Small Office
For Small Businesses
$6.9

per month per user

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Includes Starter, plus:
  • Utilize meta kanban board for advanced task tracking.
  • Create recurring tasks to automate repetitive work.
  • Generate timesheet reports for better time analysis.
  • 50GB storage for extensive project data and files.
Business
For Large Enterprises
$10.9

per month per user

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Includes Small Office, plus:
  • Manage task dependencies for complex projects.
  • Schedule employees and manage workload efficiently.
  • 500GB storage for large-scale project data.
  • Priority support and online remote assistance.

Paymo Pricing Plans in Detail

Free

The Free plan is perfect for small teams looking to manage their projects without any cost. It offers unlimited users, time tracking, and invoices, making it ideal for startups or small businesses. With the ability to manage up to 5 clients and 10 projects, it provides a solid foundation for growing teams.

Starter

The Starter plan is designed for freelancers who need more flexibility and scalability. It includes all features of the Free plan, with the addition of unlimited clients and projects. The plan also offers flat rate and retainer projects, task calendar view, and 5GB storage, making it a comprehensive solution for individual professionals.

Small Office

The Small Office plan caters to small businesses that require advanced task management and reporting features. It builds on the Starter plan by adding task spreadsheet view, meta kanban board, recurring tasks, and timesheet reports. With 50GB storage, it supports extensive project data management, making it suitable for growing businesses.

Business

The Business plan is tailored for large enterprises that need comprehensive project management tools. It includes all features of the Small Office plan, with additional task Gantt chart view, task dependencies, and employee scheduling. With 500GB storage and priority support, it ensures efficient management of large-scale projects and teams.

Top Paymo Features

Task Management

When I first used Paymo, the task management feature stood out. It allows you to create, assign, and track tasks effortlessly. You can set deadlines, add comments, and attach files, making it easy to keep everything organized. This feature is a game-changer for teams that need to manage multiple projects simultaneously, ensuring nothing falls through the cracks.

Time Tracking

Time tracking in Paymo is incredibly intuitive. I found it easy to start and stop timers, and the detailed reports helped me understand where my time was going. This feature is invaluable for teams that bill clients by the hour, as it ensures accurate invoicing and helps identify areas where efficiency can be improved.

Team Collaboration

Paymo's team collaboration tools are fantastic. You can communicate with team members directly within the platform, share files, and keep everyone updated on project progress. This feature fosters a collaborative environment, making it easier for teams to work together, even if they're spread across different locations.

Project Templates

I love the project templates feature in Paymo. It allows you to create templates for recurring projects, saving time and ensuring consistency. This is particularly useful for teams that handle similar projects regularly, as it streamlines the setup process and ensures all necessary steps are included.

Invoicing

Paymo's invoicing feature is a lifesaver for freelancers and agencies. You can generate invoices directly from tracked time and expenses, making the billing process seamless. This feature ensures you get paid accurately and on time, reducing the administrative burden and allowing you to focus on your work.

Resource Scheduling

Resource scheduling in Paymo helps you allocate resources effectively. You can see who is available, assign tasks accordingly, and avoid overloading team members. This feature is crucial for project managers who need to ensure resources are used efficiently and projects stay on track.

Gantt Charts

The Gantt charts in Paymo provide a visual representation of project timelines. I found this feature incredibly helpful for planning and tracking project progress. It allows you to see dependencies, adjust schedules, and ensure projects are completed on time, making it a must-have for project-focused teams.

File Sharing

File sharing in Paymo is straightforward and efficient. You can upload and share files with team members, ensuring everyone has access to the necessary documents. This feature is essential for teams that need to collaborate on documents and keep everything organized in one place.

Client Portal

The client portal feature in Paymo allows you to share project updates with clients. I found this feature particularly useful for keeping clients informed and involved in the project process. It enhances transparency and builds trust, ensuring clients are satisfied with the progress and outcome.

Expense Tracking

Expense tracking in Paymo helps you keep track of project costs. You can log expenses, categorize them, and generate reports, making it easy to manage budgets. This feature is crucial for teams that need to monitor project expenses and ensure they stay within budget.

Mobile App

The Paymo mobile app allows you to manage projects on the go. I found it convenient for tracking time, updating tasks, and communicating with team members while away from my desk. This feature is perfect for teams that need flexibility and the ability to work from anywhere.

Reporting

Paymo's reporting feature provides detailed insights into project performance. You can generate reports on time spent, expenses, and project progress, helping you make informed decisions. This feature is invaluable for project managers who need to analyze data and optimize project outcomes.

Who Is Paymo Best For?

Paymo is perfect for small to medium-sized businesses seeking to streamline their project management and time tracking. Its comprehensive features and user-friendly interface make it ideal for teams looking to enhance productivity and collaboration.

  • Best for small to medium businesses.

    Paymo is designed for small to medium-sized businesses that need a comprehensive project management solution. Its features include task management, time tracking, and team collaboration, making it ideal for businesses looking to improve efficiency and productivity.

  • Ideal for teams needing time tracking.

    Paymo excels in providing robust time tracking features, making it perfect for teams that need to monitor time spent on tasks and projects. This is particularly beneficial for service-based businesses that bill clients based on hours worked.

  • Great for project-focused teams.

    With its comprehensive project management features, Paymo is great for teams that focus on project-based work. It allows for efficient task management, resource allocation, and progress tracking, ensuring projects are completed on time and within budget.

Frequently Asked Questions

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Author

Anastasia Belyh

Anastasia Belyh is a senior tech writer with over 15 years of experience in marketing, sales, and business software. Having worked in investment banking, management consulting, and founded multiple companies, her in-depth knowledge and hands-on expertise make her software reviews authoritative, trustworthy, and highly practical for business decision-makers.