Paymo
Teamwork
| Feature | Paymo | Teamwork |
|---|---|---|
| Pricing | Free / from $5.9/mo | Free / from $13.99/mo |
| Free Plan | ✓ Yes | ✓ Yes |
| Rating | 4.3 / 5 | 4.3 / 5 |
| Best For | freelancers, small-businesses, agencies, consultants | agencies, professional-services, client-work-teams, project-managers |
| Founded | 2008 | 2007 |
| Time Tracking | ✓ | ✓ |
| Project Management | ✓ | ✗ |
| Invoicing | ✓ | ✗ |
| Resource Scheduling | ✓ | ✗ |
| Kanban Boards | ✓ | ✗ |
| Gantt Charts | ✓ | ✓ |
| Task Management | ✗ | ✓ |
| Resource Management | ✗ | ✓ |
| Billing Invoicing | ✗ | ✓ |
| Project Templates | ✗ | ✓ |
✓ Paymo Pros
- All-in-one project and time tool
- Built-in invoicing
- Resource scheduling
- Good free plan
✗ Paymo Cons
- Limited advanced features
- Reporting could be deeper
- Mobile app less polished
✓ Teamwork Pros
- Excellent for client-facing work
- Built-in time tracking and billing
- Unlimited free client users
- Comprehensive project templates
✗ Teamwork Cons
- Interface can feel cluttered
- Learning curve for full feature set
- Mobile app has limited features
The Verdict
Paymo is built for freelancers and small businesses, with a focus on time-tracking and project-management. Teamwork targets agencies and professional services and leads with task-management and time-tracking.
On pricing, Paymo is the clear winner for budget-conscious users — starting at $5.9/mo compared to $13.99/mo for Teamwork. That $8.09/mo difference adds up quickly for growing teams.
Both offer free plans, so you can test each with your real workflow before committing to a subscription.
Both tools are a solid fit for agencies — in those cases, the decision often comes down to workflow style and how your team prefers to organize work.
This is a genuinely close comparison. If you can, sign up for both free trials (where available) and run a one-week test with your actual team tasks before deciding.