Paymo Review - why 4.7 stars?

Paymo Review
ITQlick Score: 88/100
ITQlick Rating:
Pricing: 2.2/10 - low cost
Category: Project Management -> Paymo review
Ranking:Ranked 47 out of 781 Project Management systems
Company: Paymo
Pricing: starts at $4.95 per user/month
Typical customers: SMBs
Platforms: Desktop, Mobile, Cloud
Links: Paymo pricing, Paymo alternatives
Shlomi LaviShlomi Lavi / updated: Jan 04, 2023

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What is Paymo?

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 planning phase, working, making adjustments as well as getting paid.

The core functionalities of the software solution include timesheet management, team collaboration, and project accounting within a single suite. Paymo project management software is a product of Paymo Company founded in 2008 in Romania.

The software can be hosted both on the cloud, on-premise, SaaS and also support android native and iOS native platforms. Paymo software provides training through Documentation and Live Online, and offers support Online and Business Hours.

Who is it best for?

The typical customers include the following business size: SMBs.

What is the actual cost?

Paymo offers four pricing plans for its users: Free, Starter, Small Office, and Business. The cost of each plan is:

  • Free: The Free plan costs around $0 per user per month.

  • Starter: The Starter plan costs around $5.95 per user per month. If paid annually, the users have to pay $4.95 per user per month.

  • Small Office: The Small Office plan costs around $11.95 per user per month. If paid annually, the users have to pay $10.95 per user per month.

  • Business: The Business plan costs around $24.95 per user per month. If paid annually, the users have to pay $20.79 per user per month.

ITQlick pricing score is 2.2 out of 10 (10 is most expensive). Access ITQlick pricing guide for Paymo. You can also find here pricing information from Paymo's website.

Pros

  • Paymo offers a blend of simplicity and feature-rich functionality
  • Users can track budgets and payments, and also great integration with slack
  • It is easy to implement and use

Cons

  • Users complain that the program buffers a lot and has many technical errors

How it stacks up?

Access a head to head analysis of Paymo vs alternative software solutions.
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Paymo
ITQlick rating
4.7/5
Score
88/100
Pricing
2.2/10
License pricing
$4.95 per user/month
Functionality
14
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Trello
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monday.c...
ITQlick rating
4.7/5
Score
98/100
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4/10
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$10 per seat/month
Functionality
92
Basecamp
ITQlick rating
4.3/5
Score
98/100
Pricing
4.2/10
License pricing
$11 per user/month
Functionality
15
Hive
ITQlick rating
4.5/5
Score
98/100
Pricing
2/10
License pricing
$12 per user/month
Functionality
12
Review

Frequently Asked Questions (FAQs)

Is it the best Project Management system?

Paymo is ranked 47 out of 781 software in their category (Project Management systems).

How they are rated on ITQlick?

The rating of Paymo is 4.7 stars out of 5 and the total score is 88 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Is it an easy to use Software?

Yes, Paymo makes it fairly easy to use. This product is user friendly and intuitive.

Is it cloud-based?

Yes, they offer cloud based hosting, which means IT resources are retrieved through web-based tools and applications and you don't need to buy servers and additional hardware equipment.

Can it be used on mobile?

Yes, you can access Paymo on your mobile/smart phone.

What should we ask during a demo session?

Differences between Paymo and alternatives?

The most popular alternatives to Paymo in 2023: Trello, Basecamp, monday.com, Hive, Asana. Access the complete competitors analysis here - Paymo VS Project Management Software alternatives.

Is Paymo right for you or your business?

Paymo is a good match for project teams looking for a work and project management solution for Marketing, Design, Creative, and Advertising Agencies, Architecture companies, Universities, Law firms, and Consulting enterprises. Ameba Creative, Adidas, Toyota, Stanford, Fujifilm, Groupe Eneis, The Lack Sheep Agency, Monkey, Accor Hotels, The Bluprint, Twisted Rope, Toolbox Group, and others have used the program.

List of categories

SIP Clients
Team Collaboration
File Sharing
Time and Attendance
Project Management
Project Budgeting
Project Planning
Project Resource Management
Task Management
Time Tracking

List of features

Customizable Categories
Budget & Expense Management
Resource Management
Budgeting & CPM

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.