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Teamleader - CRM, invoicing & project planning in a single tool for SME's
Toggl - Toggl is an online time tracking tool. It features 1-click time tracking and helps you see where your time goes. Free and paid versions are available.
FreshBooks - The ideal accounting software for small business owners.
Harvest - Simple time tracking, fast online invoicing, and powerful reporting software. Simplify employee timesheets and billing. Get started for free.
InvoiceLion.com - Web based open source time management and invoicing software
RescueTime - Time management software that shows you how you spend your time & provides tools to help you be more productive.