Software Alternatives, Accelerators & Startups

Paymo VS Rounded

Compare Paymo VS Rounded and see what are their differences

Paymo logo Paymo

Manage projects, track time, create invoices, and get paid online.

Rounded logo Rounded

Rounded is simple online accounting software that lets you send pro invoices, accept credit cards, track your time and expenses and relax at tax time. Perfect for Australian Freelancers, Contractors and Sole Traders.
  • Paymo Landing page
    Landing page //
    2022-04-08

Paymo is a modern and intuitive work management solution for small businesses around the world that bundles advanced task management, planning, scheduling, time tracking, invoicing and collaboration features. This way you can manage and keep track of your work without having to use and pay for several apps.

  • Rounded Landing page
    Landing page //
    2023-01-16

Paymo

$ Details
freemium $5.6 / Monthly (per User)
Platforms
Browser Windows iOS Android Mac OSX
Release Date
2008 June
Startup details
Country
Romania

Paymo features and specs

  • Project Tracking
  • Project Planning
  • Time Tracking
  • Task management
  • Invoicing and Billing
  • Resource Management
  • Payment gateways
  • Collaboration Tools

Rounded features and specs

  • User-Friendly Interface
    Rounded offers a clean and intuitive interface that is easy for freelancers and small business owners to navigate, reducing the learning curve.
  • Comprehensive Features
    The platform provides a wide range of features tailored to freelancers, including expense tracking, invoicing, and tax calculation, allowing for efficient business management.
  • Australian Focused
    Rounded is specifically designed for the Australian market, providing localized features like integration with Australian tax systems, which is beneficial for compliance.
  • Automation
    Automation features such as recurring invoicing and automatic expense categorization save time and enhance productivity.
  • Customer Support
    Excellent customer support with quick response times that assist users in resolving issues effectively.

Possible disadvantages of Rounded

  • Pricing
    While offering solid features, Rounded may be more expensive compared to some competitors, which can be a concern for budget-conscious users.
  • Limited Integrations
    Compared to some larger platforms, Rounded has fewer integrations with other business software, which may limit its utility for some users.
  • Scalability
    Rounded is primarily designed for freelancers and very small businesses, and may not scale well for larger businesses with more complex needs.
  • Niche Market
    As it is focused on the Australian market, it may not be suitable for users based in other regions seeking local solutions.

Analysis of Paymo

Overall verdict

  • Overall, Paymo is highly regarded for its robust project management capabilities, ease of use, and affordability. It consistently receives positive feedback from users who appreciate its effective blend of features tailored to enhance productivity and collaboration.

Why this product is good

  • Paymo is considered a good project management tool due to its comprehensive features that cater to small-to-medium-sized businesses and freelancers. It provides functionalities such as time tracking, task management, team collaboration, and project planning, allowing users to streamline their workflows effectively. Its user-friendly interface and flexibility make it an attractive option for teams looking for an all-in-one solution.

Recommended for

    Paymo is recommended for freelancers, small businesses, and teams of various sizes who need a versatile and comprehensive project management tool. It is particularly suitable for industries like marketing, creative agencies, consultancy, and any other service-based businesses that require detailed time tracking and task management.

Analysis of Rounded

Overall verdict

  • Rounded is a solid, purpose-built accounting and invoicing tool tailored specifically for Australian sole traders and freelancers, offering an affordable and easy-to-use solution for managing their finances.

Why this product is good

  • Designed specifically for Australian sole traders and freelancers, so features align with local tax and business needs
  • Simple, intuitive interface that makes invoicing and expense tracking easy for non-accountants
  • Handles GST tracking and BAS reporting, which is helpful for Australian tax compliance
  • Includes time tracking and quoting features useful for service-based freelancers
  • Affordable pricing compared to more complex accounting platforms
  • Australian-based customer support that understands local requirements

Recommended for

  • Australian sole traders and freelancers
  • Contractors and consultants who need simple invoicing
  • Small service-based businesses without dedicated accounting staff
  • Self-employed individuals wanting easy GST and BAS management
  • Users who find full-scale accounting software too complex or expensive

Paymo videos

Review: Paymo

More videos:

Rounded videos

Best rounded nut and stud remover? Let's find out! Snap-on, Irwin, Gearwrench, Rocketsocket & more

More videos:

  • Review - What's the Difference | Flat vs Rounded Sandwich J Cups
  • Review - The Druid - The Next Generation Holster from Rounded by Concealment Express

Category Popularity

0-100% (relative to Paymo and Rounded)
Project Management
100 100%
0% 0
Accounting
0 0%
100% 100
Task Management
100 100%
0% 0
Billing & Invoicing
0 0%
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Paymo and Rounded

Paymo Reviews

The 10 best Asana alternatives in 2024
Asana excels at cross-functional project management, but Paymo is a great choice if you're a freelancer or small business owner who wants to manage projects, billing, and invoicing across several clients. Each project is set up per client, and you can assign billable rules (like flat fees or hourly rates) to projects if you prefer. And as you work on a project, you can use...
Source: zapier.com
16 Best Asana Alternatives of 2024 (Free + Paid)
Paymo offers features not available in Asana, such as profitability tracking, automatic time tracking and invoicing. Asana compensates with goal tracking, custom fields, and a workflow builder. Itโ€™s best to take Paymo for a test drive and see whether cons such as no goal tracking and limited third-party integrations detract you from using Paymo.
21 Time Tracking Tools To Manage Your Workday
Plus, communication features allow real-time discussion between team members to save time, reduce frustration, and improve the quality of your projects. Finally, as its name suggests, Paymo has all the invoicing tools necessary for success, too. You can also integrate Paymo with Hive, for extra project management oomph.
Source: hive.com
12 BEST Wrike Alternatives for Project Management in 2022
Paymo is a project management application that can be used to manage projects from their inception through completion. It is an ideal project management tool for small to medium-sized businesses looking to simplify and fasten their business processes.
Source: www.guru99.com
18 Valuable Wrike Alternatives To Crush Project Management In 2022
It depends on your needs and your team. Paymo comes with robust budgeting and invoicing features that help you take projects from ideation to client billing. Itโ€™s a comprehensive solution for freelancers, agencies, and firms that need to bill project hours.
Source: snacknation.com

Rounded Reviews

We have no reviews of Rounded yet.
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Social recommendations and mentions

Based on our record, Paymo seems to be more popular. It has been mentiond 1 time since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Paymo mentions (1)

Rounded mentions (0)

We have not tracked any mentions of Rounded yet. Tracking of Rounded recommendations started around Mar 2021.

What are some alternatives?

When comparing Paymo and Rounded, you can also consider the following products

Asana - Asana project management is an effort to re-imagine how we work together, through modern productivity software. Fast and versatile, Asana helps individuals and groups get more done.

DoubleTime - Capture billable work, apply client rates, and turn it into client-ready invoices.

Basecamp - A simple and elegant project management system.

Harvest - Simple time tracking, fast online invoicing, and powerful reporting software. Simplify employee timesheets and billing. Get started for free.

Wrike - Wrike is a flexible, scalable, and easy-to-use collaborative work management software that helps high-performance teams organize and accomplish their work. Try it now.

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.