TrustRadius

Faktum Invoicing vs. Paymo

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Faktum Invoicing
Score 0.0 out of 10
N/A
N/AN/A
Paymo
Score 9.1 out of 10
N/A
Paymo is a collaborative work management platform that helps track team progress, collaborate in context, and make smarter decisions. It acts as a single source of truth, where project planning, resource scheduling, file proofing, time tracking, and billing feed into each other to co-exist under the same roof.
$0
Up to 10 users
Pricing
Faktum InvoicingPaymo
Editions & Modules
No answers on this topic
Free
$0
Up to 10 users
Small Office
$11.95
per user/per month
Business
$18.95
per user/per month
Offerings
Pricing Offerings
Faktum InvoicingPaymo
Free Trial
YesYes
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details—Free version available for freelancers.
More Pricing Information
Community Pulse
Faktum InvoicingPaymo
Considered Both Products
Faktum Invoicing

No answer on this topic

Paymo
Verified User
Anonymous
Chose Paymo
Toggle was confusing. I couldn't figure out how to work a task within a project and would mix up tracking different tasks along with projects. I didn't understand why tagging is needed. Paymo was super easy and intuitive, and I didn't want to bother spending time to learn how …
Verified User
Anonymous
Chose Paymo
Paymo has a lot more features and is more flexible than TSheets.
Verified User
Anonymous
Chose Paymo
Similar in almost all project management aspects... Paymo seems to have a slight edge in invoicing and reporting. They are also adding new features regularly so that (in our opinion) makes the investment worth it. Customer support has also been terrific. Easy onboarding process …
Neal Bauer | TrustRadius Reviewer
Neal Bauer
President - Bauer Graphics
Chose Paymo
We still use Trello and Slack, but Basecamp and Hubspot are too much for our operation to manage or integrate. Paymo is missing some of the tracking features of HubSpot and isn't as universally used as Basecamp but we've been with them for 8 years and they seem to know what …
Lacey Piekarz | TrustRadius Reviewer
Lacey Piekarz
Owner and Principal Consultant
Chose Paymo
More robust than apps like Harvest with a more user-friendly time tracking interface.
Chose Paymo
Paymo lets me track to the minute - even going back to add in time that I wasn't able to track via the app. This has been wonderful as clients might call with something quick but when I'm not able to turn on the tracker, yet I'm still able to appear to them as if I was sitting …
Features
Faktum InvoicingPaymo
Project Management
Comparison of Project Management features of Product A and Product B
Faktum Invoicing
-
Ratings
Paymo
5.9
Ratings
27% below category average
Task Management00 Ratings3.50 Ratings
Resource Management00 Ratings5.30 Ratings
Gantt Charts00 Ratings4.40 Ratings
Scheduling00 Ratings7.00 Ratings
Team Collaboration00 Ratings4.10 Ratings
Support for Waterfall Methodology00 Ratings7.80 Ratings
Document Management00 Ratings5.00 Ratings
Email integration00 Ratings5.00 Ratings
Mobile Access00 Ratings5.30 Ratings
Timesheet Tracking00 Ratings9.00 Ratings
Budget and Expense Management00 Ratings8.80 Ratings
Professional Services Automation
Comparison of Professional Services Automation features of Product A and Product B
Faktum Invoicing
-
Ratings
Paymo
9.2
Ratings
17% above category average
Quotes/estimates00 Ratings8.90 Ratings
Invoicing00 Ratings9.90 Ratings
Project & financial reporting00 Ratings8.90 Ratings
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Faktum InvoicingPaymo
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Enterprises
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All AlternativesView all alternativesView all alternatives
User Ratings
Faktum InvoicingPaymo
Likelihood to Recommend
-
(0 ratings)
8.0
(0 ratings)
Usability
-
(0 ratings)
9.0
(0 ratings)
Support Rating
-
(0 ratings)
8.9
(0 ratings)
User Testimonials
Faktum InvoicingPaymo
Likelihood to Recommend
No answers on this topic
Well suited: tracking time, making notes to share with clients, live reporting. Less so: tracking and bookkeeping - they don't market it as a bookkeeping app, though they do allow for invoicing through it. Still, my needs are such that I use a separate app for tracking receipts against a project and then invoicing clients.
Daniel Summers Jr | TrustRadius Reviewer
Read full review
Pros
No answers on this topic
  • Time tracking. As long as you set up everything correctly on the front end, you don't have to think about it again and it will run in the background.
  • Job management. Organizes jobs intuitively and can easily archive jobs.
  • Support. If you ever have an issue or questions, they have a chat feature and will usually respond in a couple hours.
Heather Miller | TrustRadius Reviewer
Heather Miller
Senior Graphic Designer
Read full review
Cons
No answers on this topic
  • The main area for improvement is exportability of data. It's tough to get full data out of Paymo. You can export most things in CSV format, but if you were to start with Paymo and want to switch to another project management and accounting platform, there would be substantial manual effort involved.
  • There also aren't as many integrations for Paymo as some of the more mainstream project management suites. This isn't necessarily Paymo's fault. It's just a function of them still being one of the "little guys." Something to be aware of before you select this platform though.
Jillyn Dillon | TrustRadius Reviewer
Jillyn Dillon
Principal
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Usability
No answers on this topic
It is a complete, a bit overambitious app but with many features that are needed. I didn't need most of the features but managed to make the most of the two I was using. Also, I think it is a well-rounded app and I am considering moving some team collab there.
Verified User
Anonymous
Read full review
Support Rating
No answers on this topic
Good! Fast, excellent, speedy responses. They always wanted to know why and how they could improve on something (good on receiving feedback, too). Not that they were much needed, but my limited experience with them is good; they were really keen to understand what the problem was really about and how they could help with it.
Verified User
Anonymous
Read full review
Alternatives Considered
No answers on this topic
Similar in almost all project management aspects... Paymo seems to have a slight edge in invoicing and reporting. They are also adding new features regularly so that (in our opinion) makes the investment worth it. Customer support has also been terrific. Easy onboarding process and we found this solution the easiest to get started doing actual work with.
Verified User
Anonymous
Read full review
Return on Investment
No answers on this topic
  • It helped us to realize that our actual spend for events like trade shows was actually higher with our manpower included
Kaitlin Berg | TrustRadius Reviewer
Kaitlin Berg
Marketing Communications Coordinator
Read full review
ScreenShots

Paymo Screenshots

Screenshot of List View.Screenshot of Table View.Screenshot of Gantt Chart View.Screenshot of Full Task Details.Screenshot of Team Scheduling.Screenshot of Leave Planner.