Paymo Time Tracking
Paymo is a bootstrapped SaaS work management platform offering time tracking, project management, resource scheduling, and invoicing for freelancers and small teams. Founded in 2007, it serves 100,000+ customers across 100+ countries through a freemium per-seat subscription model.
- Company typePrivate
- Founded2007
- HeadquartersOradea, Romania
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Paymo Time Tracking does
Paymo is a bootstrapped SaaS work management platform founded in 2007 in Oradea, Romania, operating as Paymo LLC. The product combines time tracking, project management, resource scheduling, team collaboration, and invoicing into a single connected system targeted at independent professionals and small teams. Its core technology stack is a cloud-based SaaS platform with a web application, native desktop apps for Windows, macOS, and Linux (including Paymo Track, a privacy-respecting automatic time tracker that stores activity data locally), and native mobile apps for iOS and Android. The platform integrates with 14+ third-party services spanning accounting (QuickBooks Online, Xero), payments (Stripe, PayPal, Authorize.net), communication (Slack, Google Calendar), and automation (Zapier, Integromat), and exposes a public API for custom workflows.
Paymo monetizes through a four-tier freemium subscription model: a Free single-user plan, Solo at $5.9-$9.9/month for individual professionals, Plus at $10.9-$15.9 per user/month for teams, and Pro at $16.9-$23.9 per user/month for full-featured enterprise use. Annual billing provides up to 40% discount, and a 14-day free trial with no credit card required drives self-serve onboarding. Distribution is primarily product-led growth via freemium and SEO, supplemented by an affiliate program paying 15% recurring commission for 12 months, app store presence, and a sales-assisted enterprise motion via Contact Sales and Request Demo forms. Revenue also includes PM Payments processing fees on integrated online invoice settlement, currently available only to US customers.
The company serves 100,000+ customers across 100+ countries, with primary customer segments being independent professionals, freelancers, small teams (2-50 people), consulting businesses, creative and marketing agencies, and architecture firms. The company has no disclosed institutional funding, no subsidiaries, no acquisitions, and operates from a single headquarters in Oradea with a US-incorporated parent entity.
Paymo Time Tracking firmographics
Firmographics- Name
- Paymo Time Tracking
- Legal name
- Paymo LLC
- Website
- https://paymoapp.com
- Company type
- Private
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Paymo is a bootstrapped SaaS work management platform offering time tracking, project management, resource scheduling, and invoicing for freelancers and small teams. Founded in 2007, it serves 100,000+ customers across 100+ countries through a freemium per-seat subscription model.
- Ownership category
- akta.pro rank
Paymo Time Tracking industry classification
Industry- Product category
- Project Management Software
- NAICS
- Business Support Services (5614)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Bill Pay, Invoicing & Payables Platforms (BPAMAFAF)
- akta.pro secondary industry
- Recurring Billing, Subscriptions & Tokenized Payments (CRAFALAH)
Keywords
Where Paymo Time Tracking is headquartered
LocationHeadquarters
- HQ city
- Oradea
- HQ country
- Romania
- HQ region
- Europe
Offices1 record
Markets served
Paymo Time Tracking business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations, Others
Revenue model
- Subscription SaaS: Tiered subscription model with four plans (Free, Solo, Plus, Pro) billed monthly or annually. Annual billing offers up to 40% discount. Revenue is subscription-based, recurring from per-user/per-seat pricing.
- Professional Services: Onboarding and training services included free with all plans. Priority support and online remote assistance available on higher tiers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free plan - Basic time tracking and task management for single users |
| Subscription | Monthly | Solo plan - Single user with enhanced project management features |
| Per seat | Monthly | Plus plan - Multi-user team plan with invoicing and reporting |
| Per seat | Monthly | Pro plan - Full-featured enterprise plan with scheduling and priority support |
Go-to-market motion2 records
Distribution channels6 records
Marketing channels8 records
Paymo Time Tracking product offering
Product offeringCore offering
Paymo is a unified work management SaaS platform that combines time tracking, task and project management, resource scheduling, team collaboration, and invoicing/payments into a single connected system. Its flagship desktop time tracker, Paymo Track, automatically records time spent in desktop applications and stores activity data locally to preserve privacy, while parallel native iOS and Android apps and a full-featured web app enable capture from any device. Recurring revenue comes from per-seat monthly and annual subscriptions across Free, Solo, Plus, and Pro tiers, sold primarily to independent professionals, freelancers, and small teams in consulting, creative/marketing, and architecture verticals.
Product overview
Paymo is a unified work management platform that combines project management, time tracking, resource scheduling, team collaboration, and invoicing into a single connected system. The core offering centers on Paymo Track (automatic time tracking desktop app), the Web Timer, and native mobile and desktop applications for time capture. Task management features include multiple views (List, Table, Kanban, Calendar, Gantt), while resource management encompasses team scheduling with automatic ghost bookings and leave planning. Financial features include invoicing with multi-language templates, recurring invoices, expense tracking, and integrated payment processing via PM Payments. Collaboration tools provide real-time task discussions, file sharing, and guest/client portal access. The platform is offered through four pricing tiers (Free, Solo, Plus, Pro) with varying feature sets and user limits, targeting independent professionals and small teams across consulting, creative, marketing, and architecture industries.
Differentiator
Problem solved
Functional benefit
Products and services
- Paymo Track Automatic Time Tracker Standalone desktop application (Windows, macOS, Linux) that silently records time spent across desktop applications and browsers, with idle-time detection, smart grouping, and Pomodoro functionality, designed for freelancers and small teams that want automatic time capture.
- Paymo Desktop App Native desktop client for Windows, macOS, and Linux that delivers the full Paymo work management experience outside the browser, including time tracking and project management.
- Paymo Mobile App Native iOS (App Store) and Android (Google Play) applications that let users track time, manage projects, capture expenses, and create and send invoices from a mobile device.
- PM Payments (Online Payment Processing) Add-on payment processing module that lets clients settle Paymo invoices online via credit card and ACH directly from the invoice, currently available for US customers.
- Paymo API Public REST API and developer platform that allows third parties to build custom integrations and automate workflows with Paymo, available to Plus and Pro subscribers.
Quantifiable outcome
- 35% increase in productivity (mBusiness case study)
- +4 more outcomes
Companies that use Paymo Time Tracking
Customer profileNamed customers6 records
Segments7 records
Ideal customer profiles4 records
Paymo Time Tracking technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration15 records
Feature4 records
Paymo Time Tracking partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core.
- GooglecoreGoogle integration includes sign-up/sign-in functionality, Google Drive file attachments at task and project levels, and Google Calendar sync for task deadlines and events with bidirectional synchronization.
- SlackcoreSlack integration allows turning discussions into actionable tasks, adding comments, and tracking time in Paymo directly from Slack channels without switching applications.
- QuickBooks OnlinecoreQuickBooks Online integration enables exporting invoices with taxes to QuickBooks and syncing payment records back to Paymo for seamless accounting workflows.
- XerocoreXero integration allows syncing invoices and financial data with Xero accounting software for small businesses.
- ZapiercoreZapier integration connects Paymo with 1000+ apps including Google Apps, Slack, QuickBooks Online, and Xero for workflow automation without coding.
- PayPalcorePayPal payment gateway integration allows clients to pay invoices directly via PayPal from within Paymo.
- StripecoreStripe payment gateway integration enables clients to pay invoices directly via credit card through Stripe from within Paymo.
- Authorize.netcoreAuthorize.net payment gateway integration enables ACH and credit card payments for invoice settlements within Paymo.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
Paymo Time Tracking competitors and assessment
Company assessmentDirect peers
- Toggl Track: Toggl Track is a direct competitor offering time tracking with project management features for freelancers and small teams. It mirrors Paymo's core value proposition, freemium model, and target customer base, making it the closest direct peer.
- Harvest: Harvest combines time tracking with invoicing and integrates with QuickBooks/Xero, serving the same freelancer and small business segment as Paymo. Its bundled time-tracking-and-invoicing workflow directly overlaps with Paymo's PM Payments feature.
- FreshBooks: FreshBooks is an invoicing and accounting platform for freelancers and small businesses that has expanded into time tracking and project management. It targets the same customer segments and overlaps heavily with Paymo's invoicing-led value proposition.
- Teamwork.com: Teamwork.com offers project management, time tracking, and billing for client-service agencies and professional services firms. It targets the same creative, consulting, and architecture customer verticals as Paymo with comparable agency-focused features.
- Clockify: Clockify (by CAKE.com) is a heavily-used free time tracker with project management features targeting SMBs and freelancers. It competes head-to-head with Paymo's free tier and is one of the most aggressive freemium time-tracking competitors.
Broad incumbents
- Wrike: Wrike is a project management platform with time tracking and resource management capabilities. It targets similar creative, marketing, and professional services verticals and overlaps with Paymo's Gantt, scheduling, and team collaboration features.
- ClickUp: ClickUp is a broad productivity platform consolidating tasks, docs, time tracking, and goals with aggressive AI investments. Its all-in-one positioning directly mirrors Paymo's value prop but with substantially more features and capital.
- Asana: Asana is a broader work management platform that competes in project management and team coordination. While it lacks Paymo's invoicing depth, it overlaps heavily on task management, Kanban, and Gantt features for small teams.
- Monday.com: Monday.com is a broader work operating system with project management, time tracking, and workflow automation. It serves a wider customer range than Paymo but overlaps on SMB creative and agency use cases.
- QuickBooks Time (formerly TSheets): QuickBooks Time is Intuit's time-tracking product tightly integrated with QuickBooks Online — a key Paymo integration. As Intuit deepens native time-tracking within its accounting ecosystem, it poses a structural threat to Paymo's invoicing-and-time-tracking positioning.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Paymo Time Tracking social profiles
Digital presencePaymo Time Tracking financial estimates
Financial estimateRevenue estimate
Valuation estimate
Paymo Time Tracking leadership team
Management profileNumber of profiles
Paymo Time Tracking funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Paymo Time Tracking M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Paymo Time Tracking
What does Paymo Time Tracking do?
Paymo is a unified work management SaaS platform that combines time tracking, task and project management, resource scheduling, team collaboration, and invoicing/payments into a single connected system. Its flagship desktop time tracker, Paymo Track, automatically records time spent in desktop applications and stores activity data locally to preserve privacy, while parallel native iOS and Android apps and a full-featured web app enable capture from any device. Recurring revenue comes from per-seat monthly and annual subscriptions across Free, Solo, Plus, and Pro tiers, sold primarily to independent professionals, freelancers, and small teams in consulting, creative/marketing, and architecture verticals.
Is Paymo Time Tracking a public or private company?
Paymo Time Tracking is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Paymo Time Tracking founded?
Paymo Time Tracking was founded in 2007. It employs 11 to 50 people.
Where is Paymo Time Tracking based?
Paymo Time Tracking is headquartered in Oradea, Romania, in the Europe region.
How does Paymo Time Tracking make money?
Two revenue lines are on record. Subscription SaaS are the primary driver. The others are professional Services.
Who are Paymo Time Tracking's main competitors?
Direct peers on record are Toggl Track, Harvest, FreshBooks, Teamwork.com and Clockify. Broad incumbents are Wrike, ClickUp, Asana, Monday.com and QuickBooks Time (formerly TSheets).
Does Paymo Time Tracking have an API?
Yes. Paymo offers an API that enables developers to build custom integrations and automate workflows. The API is used for integrations with third-party applications like Zapier and Integromat. It is referenced as available at https://github.com/paymoapp/api/ and is listed under the Plus and Pro plan features as 'Integrations & API Access'. Developer documentation is at github.com/paymoapp/api.
What industry is Paymo Time Tracking in?
Paymo Time Tracking's product category is Project Management Software. Its primary akta.pro industry code is BPAMAFAF, Bill Pay, Invoicing & Payables Platforms, with a secondary code of CRAFALAH, Recurring Billing, Subscriptions & Tokenized Payments. Its NAICS code is 5614 and its SIC code is 7372.