Fourth Procurement and Inventory vs. Paymo

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Fourth Procurement and Inventory
Score 8.0 out of 10
N/A
Fourth Procurement and Inventory is software that ties together procurement, 3-way matching, inventory and recipe control. It’s fully integrated, mobile-friendly and can be accessed with a single login. Using predicted sales functionality and analytics, it lets the user forecast demand more accurately.N/A
Paymo
Score 8.5 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
Fourth Procurement and InventoryPaymo
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
Fourth Procurement and InventoryPaymo
Free Trial
NoYes
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsFree version available for freelancers.
More Pricing Information
Community Pulse
Fourth Procurement and InventoryPaymo
Top Pros
Top Cons
Features
Fourth Procurement and InventoryPaymo
Project Management
Comparison of Project Management features of Product A and Product B
Fourth Procurement and Inventory
-
Ratings
Paymo
5.9
9 Ratings
25% below category average
Task Management00 Ratings3.59 Ratings
Resource Management00 Ratings5.36 Ratings
Gantt Charts00 Ratings4.43 Ratings
Scheduling00 Ratings7.06 Ratings
Team Collaboration00 Ratings4.16 Ratings
Support for Waterfall Methodology00 Ratings7.82 Ratings
Document Management00 Ratings5.06 Ratings
Email integration00 Ratings5.04 Ratings
Mobile Access00 Ratings5.37 Ratings
Timesheet Tracking00 Ratings9.09 Ratings
Budget and Expense Management00 Ratings8.88 Ratings
Professional Services Automation
Comparison of Professional Services Automation features of Product A and Product B
Fourth Procurement and Inventory
-
Ratings
Paymo
9.2
3 Ratings
20% above category average
Quotes/estimates00 Ratings8.93 Ratings
Invoicing00 Ratings9.93 Ratings
Project & financial reporting00 Ratings8.93 Ratings
Best Alternatives
Fourth Procurement and InventoryPaymo
Small Businesses
Webgility
Webgility
Score 9.9 out of 10
Stackby
Stackby
Score 9.4 out of 10
Medium-sized Companies
SAP S/4HANA Cloud
SAP S/4HANA Cloud
Score 8.6 out of 10
Planview AgilePlace
Planview AgilePlace
Score 9.4 out of 10
Enterprises
SAP S/4HANA Cloud
SAP S/4HANA Cloud
Score 8.6 out of 10
Planview AgilePlace
Planview AgilePlace
Score 9.4 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Fourth Procurement and InventoryPaymo
Likelihood to Recommend
7.4
(4 ratings)
8.0
(10 ratings)
Usability
-
(0 ratings)
9.0
(1 ratings)
Support Rating
7.5
(4 ratings)
8.9
(3 ratings)
User Testimonials
Fourth Procurement and InventoryPaymo
Likelihood to Recommend
HotSchedules and Fourth
The product is user-friendly in automating the tasks, managing the master data through central purchasing, and creating custom reports. It lacks certain basic functionalities like a record of wastages, sending automated emails confirming if the automatic tasks (scheduled tasks) have been completed or not, and the ability to automate the nutrition information, etc.
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ProfitSolv
Beautiful interface throughout, easy setup, most natural progressions are fluid and easy to use. Browser functionality allows us to use it cross-platform. Very reasonable pricing model as well. We have had a little trouble using Paymo for the entire creative process to have proofs reviewed and approved. Also, have to use external forms to have work submitted from campus.
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Pros
HotSchedules and Fourth
  • The 'stock management' tab on the home screen is of particular use when keeping tabs on incoming deliveries into the restaurant.
  • The option to open and close your stock period is great as you have the chance to edit your stock at a moment's notice.
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ProfitSolv
  • The ability to code exactly what time I worked on a project enables me to bill clients more accurately and within different minimums, which besides more accurately tracking time, this has been extremely helpful as I negotiate contracts for services and offer different deals with potential clients. Some are billed to the minute, some in 15-minute minimums, and some in 20-minute blocks.
  • The live reports are great, showing time spent in the minimums that I've set, while also including as much detail as I wish to share.
  • I've now started just writing my notes into the tracker, which are then carried into the live reports - this eases my needing to send logs to clients, as well as helping me to keep projects on track.
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Cons
HotSchedules and Fourth
  • It would help massively to see via Enterprise and menu items what ones are no longer active, to keep the data tidy.
  • When you take purchase reports from Enterprise and select to organise them by category, show the name of the category on the actual report download.
  • Quick and easy upload/download of supplier products for correcting prices, descriptions, prices in bulk.
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ProfitSolv
  • It would be really helpful if on the timer tool, they asked you to switch projects when you stop the timer, so it could fill that time in right away for you.
  • I never use the 'My Tasks' because I don't fully understand how to integrate it to be useful to what our purposes are in Paymo. Some Youtube tutorials might be helpful
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Usability
HotSchedules and Fourth
No answers on this topic
ProfitSolv
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.
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Support Rating
HotSchedules and Fourth
Too long to get an answer.
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ProfitSolv
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.
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Alternatives Considered
HotSchedules and Fourth
No answers on this topic
ProfitSolv
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 matters most to their user base
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Return on Investment
HotSchedules and Fourth
  • Procurement: Integrating some of the key suppliers with Trade Simple has saved labour hours.
  • Integration: GL Integrations have increased the efficiency and quality of data.
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ProfitSolv
  • Gives me more accurate time that I've spent on projects compared to older methods I've used.
  • Has data that I can pull together, for example my boss wanted to know the percentage of time I'd spent working on projects for one client compared to everything else - I was able to give them an accurate percentage.
  • Forces you to stay on top of jobs, which can lengthen the time to complete something
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ScreenShots

Fourth Procurement and Inventory Screenshots

Screenshot of Screenshot of Screenshot of

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.