Compare Paymo and Zoho Invoice - Jan 2023

Shlomi LaviShlomi Lavi / Jan 04, 2023

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Bottom Line: Which is Better - Paymo or Zoho Invoice?

Zoho Invoice is more expensive to implement (TCO) than Paymo, and Zoho Invoice is rated higher (91/100) than Paymo (88/100). Zoho Invoice offers users more features (12) than Paymo (4). There is a clear winner in this case and it is Zoho Invoice!

Looking for the right Project Management solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

Paymo Vs. Zoho

Paymo: Paymo, LLC, is a privately-owned company based in Romania. Our team began developing Paymo since 2007 while working on other technical projects. At first, Paymo was simply an internal project, to allow our designers and coders to be more productive by easily monitoring their time. However, we soon realized that this application would be useful to o...

Zoho: Zoho.com offers a comprehensive suite of award-winning online business, productivity & collaboration applications. Customers use Zoho Applications to run their business processes, manage their information and be more productive while at the office or on the go, without having to worry about expensive or outdated hardware or software. To date, Zoho...

Who is more expensive? Paymo or Zoho Invoice?

The real total cost of ownership (TCO) of Project Management software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Paymo and Zoho Invoice.

Paymo price starts at $4.95 per user/month , On a scale between 1 to 10 Paymo is rated 2, which is much lower than the average cost of Project Management software. Zoho Invoice accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Paymo is rated 2, which is much lower than the average cost of Project Management software.

Bottom line: Paymo cost is around the same cost of Zoho Invoice.

Which software includes more/better features?

We've compared Paymo Vs. Zoho Invoice based on some of the most important and required Project Management features.

Paymo: Customizable Categories, Budget & Expense Management, Resource Management, Budgeting & CPM.

Zoho Invoice: Batch Invoice Creation, Contingency Billing, Customer Management, Incremental Billing, Invoice Scheduling.

Target customer size

Paymo's typical customers include: SMBs, Zoho Invoice is best for small, medium and large sized businesses.



Paymo

ITQlick rating
(4.7/5)

starts at $4.95 per user/month

Paymo software is a cloud-based project management solution for small and medium-sized businesses. It is created to help teams manage projects throughout their life cycle starting from the initiation to plannin...

Categories: SIP Clients, Team Collaboration, File Sharing, Time and Attendance.

Zoho Invoice

ITQlick rating
(4.6/5)

Zoho Invoice is an easy to use software for sending invoices, receiving of payments and the general management of a business. It enables the user to know the business health by establishing the status of invoic...

Categories: Accounting & Finance, Billing & Invoicing.

Compare specifications

Compare features

Paymo: 4 Features

Customizable Categories
Budget & Expense Management
Resource Management
Budgeting & CPM

Zoho Invoice: 12 Features

Batch Invoice Creation
Contingency Billing
Customer Management
Incremental Billing
Invoice Scheduling
Invoice Templates
Payment Management
Price Management
Recurring Invoices
Retainer Billing
Reverse/Void Invoices
Time and Expense Tracking
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
Paymo
ITQlick rating
4.7/5
Score
88/100
Pricing
2.2/10
License pricing
$4.95 per user/month
Functionality
14
Review
Compare
Zoho Inv...
ITQlick rating
4.6/5
Score
91/100
Pricing
2.2/10
License pricing
Pricing not available
Functionality
14
Trello
ITQlick rating
4.2/5
Score
99/100
Pricing
2/10
License pricing
$5 per user/month
Functionality
16
Review
Basecamp
ITQlick rating
4.3/5
Score
98/100
Pricing
4.2/10
License pricing
$11 per user/month
Functionality
15
monday.c...
ITQlick rating
4.7/5
Score
98/100
Pricing
4/10
License pricing
$10 per seat/month
Functionality
92

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.