Free
Free
What's included:
- Basic time tracking
- Invoicing with watermarks
- Expense tracking
- Client portal
Pm
Paymo Pricing in 2026
Complete pricing breakdown for Paymo. Compare plans, features, and find the best value.
Quick Answer
How much does Paymo cost in 2026?
Paymo offers a FREE plan. Paid plans start at $16.9/month. 3 plans are available with monthly billing.
Free Tier Yes ✓
Starting Price Free
Plans 3 tiers
Billing Monthly/Annual
Starting Price Free
Plans Available 3 plans
Annual Discount Save 20%
Best For Small teams and freelancers needing integrated time tracking and invoicing
| Plan | Price | Key Features |
|---|---|---|
| Free | Free | Basic time tracking, Invoicing with watermarks |
| Plus ★ | $16.9/mo | Proofing & Versioning, Recurring Invoices |
| Advanced | $29.9/mo | Task Gantt Chart View, Task Dependencies |
Paymo Plans & Pricing
Plus
$16.9 /mo
Save ~20% with annual billing
What's included:
- Proofing & Versioning
- Recurring Invoices
- Estimates & Expenses
- Integrations & API Access
- 50GB Storage
Advanced
$29.9 /mo
Save ~20% with annual billing
What's included:
- Task Gantt Chart View
- Task Dependencies
- Portfolio Gantt Chart
- Employee Scheduling & Workload
- Timesheet Approvals
- Priority Support
- 500GB Storage
Prices shown are for monthly billing. Annual plans typically offer 10-20% savings.
How Paymo Pricing Compares
| Tool | Starting Price | Free Tier | Best For | |
|---|---|---|---|---|
| Pm Paymo Current | Free | Small teams and freelancers needing integrated time tracking and invoicing | ||
| Z Zoho Invoice | Free | Small businesses needing professional invoicing | Compare | |
| F FreshBooks | $23/mo | Freelancers and consultants | Compare | |
| FB FreshBooks | $21/mo | Freelancers and solopreneurs managing invoicing and expenses | Compare | |
| X Xero | $25/mo | Small businesses | Compare | |
| Wa Wave Accounting | Free | Freelancers and solopreneurs tracking income and expenses | Compare |
Is Paymo Worth the Price?
From $5.9/mo
Budget-Friendly
Paymo offers excellent value with a generous free tier and affordable paid plans starting at $5.9/mo. The free plan provides a solid foundation, making it easy to evaluate before committing. With 1 tiers available, there's a plan for most budgets.
Best Value Tier
Free plan — Free tier provides core functionality at no cost
When NOT to Pay for Paymo
Teams needing advanced customization and complex project structures
Users report limited options for project lists, table layouts, no subtasks assignment to different users, and missing complex features like workflows and automations.
Compare Asana pricingMobile-first teams requiring offline functionality
The mobile app lacks offline mode, invoice/estimate/project editing, and can't perform key actions like adding expenses without internet connection.
Compare Monday.com pricingLarge teams requiring extensive third-party integrations
Users note fewer third-party connections than competitors with limited Slack/Salesforce/QuickBooks depth and weak Google Calendar sync. Costs also add up for larger teams.
Compare ClickUp pricingOrganizations needing robust reporting and data export
Users frequently cite limitations in exporting Gantt charts directly to Excel and basic reporting capabilities compared to enterprise solutions.
Compare Smartsheet pricingFeatures by Plan
| Feature | Free | Plus | Advanced |
|---|---|---|---|
| Time tracking Via browser, desktop, mobile, tablet | |||
| Convert timesheets to invoices Seamless conversion | |||
| Mobile invoicing Create and preview professional invoices on mobile | |||
| Recurring invoices Plus plan and above | |||
| Estimates Convertible to invoices | |||
| Expense tracking Mobile receipt scanning | |||
| Online payments PayPal, Stripe, Authorize.net, 85+ currencies | |||
| Client portal Invoice and expense access | |||
| Profitability tracking Real-time monitoring | |||
| Multi-language invoices VAT, discounts, payment terms | |||
| WYSIWYG invoice editing Visual editor with cloning | |||
| Employee performance widgets Performance monitoring |
Paymo Pros & Cons
Great Value If You Need
- 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
Consider Alternatives If
- 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
Our Verdict
Paymo offers excellent value with its free tier and competitive paid plans. It's best suited for Small teams and freelancers needing integrated time tracking and invoicing and Agencies managing client projects with billable hours and expenses. Starting at $5.9/mo, it's accessible for most budgets.
Our Rating 4.2/5
Paymo Price vs Competitors
A Asana Similar Price
Similar pricing at Free. Consider if: teams needing advanced customization and complex project structures.
Compare pricing M Monday.com Similar Price
Similar pricing at Free. Consider if: mobile-first teams requiring offline functionality.
Compare pricing C ClickUp Similar Price
Similar pricing at Free. Consider if: large teams requiring extensive third-party integrations.
Compare pricing Sm Smartsheet More Expensive
Starts at $9/mo — pricier but recommended when: organizations needing robust reporting and data export.
Compare pricingPaymo Pricing FAQ
How much does Paymo cost in 2026?
Paymo offers a FREE plan with Basic time tracking. Paid plans start at $16.9/month.
Does Paymo have a free plan or free tier?
Yes! Paymo offers a free Free plan that includes: Basic time tracking, Invoicing with watermarks, Expense tracking. Perfect for small teams and freelancers needing integrated time tracking and invoicing.
What are the limits of Paymo's free plan?
The Free plan (Free) includes: Basic time tracking; Invoicing with watermarks; Expense tracking; Client portal. Upgrade to paid plans for more features and higher limits.
Is Paymo worth it for small teams and personal use?
Paymo is excellent for small teams thanks to its free tier. Best for: Small teams and freelancers needing integrated time tracking and invoicing and Agencies managing client projects with billable hours and expenses. Rated 4.2/5.
Paymo vs Zoho Invoice pricing — which is cheaper?
Paymo starts at Free vs Zoho Invoice at Free. Paymo is more affordable. Compare features side-by-side to decide.
Does Paymo offer discounts for annual billing?
Yes, most invoicing tools including Paymo offer 10-20% discounts when you pay annually instead of monthly. This can save you approximately $14 per year depending on your plan.