Billed

Billed vs Paymo

Paymo is a project management tool with built-in time tracking and invoicing. It leans heavily toward task and resource management, with invoicing as a supporting feature. Billed takes the opposite approach — invoicing is the core, with project management and time tracking built around it to support the billing workflow.

If your primary concern is detailed resource planning and task management with Gantt charts, Paymo has more project management depth. If your primary concern is getting paid — with enough project oversight to know what you are billing for — Billed is more focused and affordable.

Feature Comparison: Billed vs Paymo

Feature Billed Paymo
Professional Invoicing Yes Yes
Estimates Yes Yes
Expense Tracking Yes Yes
Time Tracking Yes Yes
Project Management Yes Yes (Advanced)
Gantt Charts No Yes
Resource Scheduling No Yes
Client Management Yes Yes
Recurring Invoices Yes Yes
Online Payments Yes (Stripe & PayPal) Yes (Stripe, PayPal)
Financial Reporting Yes Basic
Multiple Businesses Yes No
Team Collaboration Yes Yes
Mobile Apps Yes Yes

When to Choose Paymo

Paymo is a better fit for project-centric teams that need advanced features like Gantt charts, resource scheduling, and task dependencies. If detailed project planning is your top priority and invoicing is secondary, Paymo has more depth in that area.

When to Choose Billed

Billed is the better choice if invoicing and getting paid are your primary concern, with project management as a supporting workflow. Billed's multi-business support, financial reporting, and expense tracking give you a stronger handle on business finances than Paymo offers.

Frequently Asked Questions

Does Paymo support multiple businesses?

No. Paymo is designed for a single workspace. If you run multiple businesses or brands, you would need separate Paymo accounts. Billed lets you manage multiple businesses from one account.

Is Billed cheaper than Paymo?

Yes. Billed's plans are more affordable than Paymo's, especially when comparing feature-for-feature at the team level. Paymo's advanced project management features come at a premium.

Can Paymo generate financial reports?

Paymo offers basic project profitability reports, but it does not provide the breadth of financial reporting (income vs expense, top products, invoice aging) that Billed does.

Which is easier to set up?

Billed is simpler to set up because it is focused on invoicing first. Paymo requires more configuration for its project management workflows (task boards, Gantt views, resource planning).

The Bottom Line

Paymo is a project management tool with invoicing. Billed is an invoicing platform with project management. The right choice depends on which workflow drives your business. Try Billed free and see which fit is better.

Related Comparisons

See how Billed compares with other invoicing tools.

Ready to Try Billed?

Start your free Billed account today and see why thousands of businesses have made the switch.

No credit card required. Cancel anytime.