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Side-by-Side Comparison

PaymovsSmartsheet

Paymo bundles invoicing and time tracking into a freelancer-friendly package with a genuine free tier, while Smartsheet demands paid seats but scales to enterprise portfolio management with spreadsheet-native workflows. You're choosing between a billing tool that does PM or an enterprise PM platform that won't bill you—and costs compound differently for each.

Product A

Paymo

by Paymo

Freelancer and agency PM with invoicing, time tracking, and scheduling.

Free tier
Visit Paymo
Product B

Smartsheet

by Smartsheet

Spreadsheet-like PM platform built for enterprise-grade program management.

$9user/mo
Visit Smartsheet

Side-by-Side Comparison

FeaturePaymoSmartsheet
Price
FreeBetter
$9user/mo
Free TierYesNo
Top ProsInvoicing and billing built-inFamiliar spreadsheet interface
Time tracking with task linkageEnterprise-grade resource management
Free plan for solo freelancersScales to portfolio-level tracking
Top ConsFree plan limited to 1 userNo free tier
Design feels functional but not modernCollaborator charges add up fast

Features Compared

Paymo and Smartsheet represent fundamentally different approaches to project management. Paymo is built around the freelancer and agency workflow, with invoicing and billing integrated directly into the platform, alongside time tracking that links to tasks. This makes Paymo a complete work-to-payment system—you can track hours on a task and automatically generate invoices. Paymo also includes task dependencies and a resource scheduler to manage team capacity, plus a client portal for visibility and communication. Smartsheet, by contrast, operates as an enterprise-grade spreadsheet-like interface with Grid, Gantt, and card views that let teams choose their visual language. Smartsheet's real strength lies in scale: portfolio roll-up aggregates data across multiple projects, automated workflows reduce manual work at scale, and resource management optimizes allocation across a large program portfolio. Smartsheet also includes dashboards and reports for executive visibility.

The key difference is scope and purpose. Paymo solves the specific problem of managing service delivery and getting paid—it's built for people who bill for time or deliverables. Smartsheet solves the problem of managing complex, interdependent programs where dozens of teams and hundreds of tasks must coordinate. If you need invoicing and time tracking, Paymo has it built in; Smartsheet does not. If you need to manage a portfolio of programs with rollup reporting and automated governance, Smartsheet can scale to that level; Paymo is designed for smaller teams and agencies.

Pricing & Value

Pricing creates a sharp divide in the total cost of ownership. Paymo offers a free tier for solo freelancers, though it is limited to one user. This makes Paymo a no-cost entry point for individuals. Smartsheet charges $9 per user per month and has no free tier, meaning even a small team of three will cost $270 annually before any add-ons. Smartsheet's pricing model compounds quickly with team growth, and the vendor notes that "collaborator charges add up fast," suggesting hidden costs at scale. For a freelancer or a two-person agency, Paymo's free plan eliminates upfront cost entirely. For an enterprise team, Smartsheet's per-user model may be justified if the enterprise-grade features and scalability deliver measurable value. Below is a pricing snapshot:

  • Solo freelancer: Paymo free tier wins outright; Smartsheet has no free option.
  • Small agency (3–10 users): Paymo's paid plan will likely cost less than Smartsheet's per-user model; exact pricing not specified but Smartsheet's minimum 3-user cost is $270/year.
  • Mid to large enterprise (50+ users): Smartsheet's portfolio management and automation may justify cost; Paymo is not positioned for this tier.
  • Invoicing requirement: Paymo's built-in invoicing eliminates the need for a separate billing tool; Smartsheet requires integration or separate software.

Ease of Use & Onboarding

Paymo and Smartsheet appeal to different comfort levels. Paymo is described as having a functional but not modern design, which signals straightforward, no-frills usability—ideal for freelancers and small agencies who prioritize getting work done over design aesthetics. Its time tracking and invoicing are purpose-built and straightforward. Smartsheet's familiar spreadsheet interface is a major usability advantage for teams already comfortable with Excel or Google Sheets; the learning curve is shallow for anyone who has used a grid-based tool. However, Smartsheet's power and flexibility come with more complexity, and the platform may feel like overkill for small agile teams that need simple task lists and deadlines. Paymo will feel immediately accessible to service providers; Smartsheet will feel natural to data-driven project managers and program leaders who think in terms of reports, automation, and cross-project dependencies.

Integration & Ecosystem

Both tools rely on integrations to fit into broader workflows, but Paymo explicitly has fewer integrations than bigger tools. This is a meaningful limitation if your agency relies on a tightly connected tech stack—you may need custom APIs or manual data entry to sync Paymo with your CRM, accounting software, or communication platform. Smartsheet, as an enterprise platform, likely has more native integrations and API documentation, though specific integration counts are not provided in the data. For teams with simple workflows—say, a freelancer using Paymo for time tracking and billing, then exporting invoices to their accountant—Paymo's lighter integration story is acceptable. For enterprises that expect their PM tool to be a central hub that speaks to finance, HR, CRM, and BI platforms, Smartsheet's deeper ecosystem will be a better fit.

Who Should Choose Paymo?

Paymo is the right choice for freelancers, solo consultants, and small agencies (up to roughly 10–15 people) who deliver client work and need to bill for it. If your primary workflow is "track hours on tasks → generate invoices → get paid," Paymo collapses multiple tools into one. The free tier is a no-risk onboarding point for solo freelancers testing the platform. Paymo is also ideal if your team operates in sprints with clear task dependencies and you want to see who is busy when—the resource scheduler and task linking serve this need. Avoid Paymo if you have more than one office or dozens of concurrent projects; it is not designed for portfolio-level visibility or enterprise governance.

Who Should Choose Smartsheet?

Smartsheet is built for mid to large enterprises, program management offices (PMOs), and organizations that manage multiple interconnected projects and need executive visibility across a portfolio. If your organization has a dedicated project management team, manages programs with many dependencies, or needs automated workflows and real-time dashboards to report status to leadership, Smartsheet's enterprise tooling pays for itself. The spreadsheet-like interface lowers adoption friction for business users, and the portfolio roll-up and resource management features enable true program-level optimization. Smartsheet is also the right choice if you have the budget to invest and your team values familiar, grid-based navigation. Skip Smartsheet if you are a small team on a tight budget, if you bill clients for time and need integrated invoicing, or if you prioritize simplicity over reporting depth.

Choose Paymo if you…
  • Want: invoicing and billing built-in
  • Want: time tracking with task linkage
  • Want: free plan for solo freelancers
Try Paymo
Choose Smartsheet if you…
  • Want: familiar spreadsheet interface
  • Want: enterprise-grade resource management
  • Want: scales to portfolio-level tracking
Try Smartsheet

Our Verdict

Pick Paymo if you're a solo freelancer or small agency that needs invoicing and time tracking wired into your project workflow and can't justify per-seat costs. Pick Smartsheet if you manage multiple concurrent programs across teams, need portfolio-level resource allocation, and have budget to absorb collaborator licensing.