What is Paymo
Paymo is a combined time tracking, project management, and invoicing platform aimed at freelancers, consultants, agencies, and small teams. It connects timers and automatic activity capture to task management and billing, so timesheets flow into invoices and reports without manual reconciliation.
Compared with other tools, Paymo sits between time-first apps like Harvest and broad project platforms like Asana and monday.com. Unlike Harvest, which focuses primarily on time and simple invoicing, Paymo provides deeper project planning tools such as Gantt charts and team schedulers. Compared with Asana, Paymo includes built-in timers and invoicing so billing and time capture are native rather than added through integrations.
All of this makes Paymo well suited for client-facing teams that need accurate time capture paired with project planning and billing. It works particularly well for creative studios, consultants, and small agencies that invoice hourly or run fixed-fee projects where tracking time and profitability matters.