Project Management by Team · Researched comparison

Best Project Management Software With Invoicing

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The short answer

Teamwork is the top pick for project management with invoicing because its Accelerate plan at $24.99 per user per month billed yearly turns logged time into invoices, tracks retainers and time budgets, and connects to QuickBooks, while the Basics plan at $9.99 covers project work for smaller teams.

On this page

Key takeaways

  • Teamwork leads for invoicing, with invoices built from logged time, retainers, and time budgets on Accelerate.
  • Harvest is the simplest time to invoice tool, with clean timers, expenses, and invoices from $9 per seat per month billed annually.
  • Scoro and Accelo cover the full quote to cash flow for consultancies, with Scoro starting from 15 euros per user per month.
  • Avaza and Paymo give small teams invoicing, projects, and time tracking at a low monthly cost, with free plans included.
  • FreshBooks suits solo consultants who bill by the hour and want simple project budgets beside invoices.

Comparison

How these compare
ToolBest forPrice rangeFree plan
TeamworkInvoicing from logged time for agencies$9.99 per user/month (billed yearly)Yes
HarvestSimple time tracking and invoicing$9 per seat/month (billed annually)Yes
ScoroQuote to cash for consultanciesfrom €15 per user/monthFree trial (14 days)
AcceloEnd to end PSA with billingquote onlyNo
KantataEnterprise PSA with invoicingquote onlyNo
AvazaLow cost projects, time, and invoicing$9.96 per month (billed annually)Yes
PaymoSmall team projects and invoices$10.90 per user/monthYes
FreshBooksSolo billing with project budgets$23 per monthFree trial (30 days)

How we choose

We compared vendor pricing pages, feature docs, and plan pages for eight tools on 13 November 2026. We checked time tracking, invoice creation, retainers, rates, client limits, free plans, and starting prices, and we favored tools that build an invoice from tracked time over tools that only export data. We reviewed published material only and claim no hands on testing. Prices come from the pricing pages listed in Sources.

Our full method

The shortlist

★ Best overall

Teamwork

Best for Invoicing from logged time for agencies

  • Invoices built from logged time with retainers and budgets
  • board, Gantt, and table views included
Price$9.99 per user/month (billed yearly)
See Teamwork pricing

Teamwork links project work to money more directly than any other tool on this list. A team plans work on boards, lists, or Gantt charts, logs time against tasks, and then builds an invoice from those time entries on the Accelerate plan. Retainers and time budgets sit beside the invoice, so a lead can see how much of a retainer is used before the month ends. Basics at $9.99 per user per month billed yearly covers 300 projects, unlimited templates, and billable time tracking, while Accelerate at $24.99 per user per month billed yearly adds invoicing, workload planning, and a connection to QuickBooks and HubSpot.

Teamwork fits agencies, consultancies, and professional service teams that bill clients by the hour. The free plan covers up to 5 projects and 5 users, which is enough to test the board and the timer. The limit is scope: the invoicing features that make Teamwork stand out sit on Accelerate, so a team should budget $24.99 per user per month, not $9.99, when invoicing is the reason for the purchase. For a team that wants one system for work and billing, Teamwork is the strongest fit.

Price: $9.99 per user/month (billed yearly)

Free plan: Yes

Website: teamwork.com

Watch out for

  • Invoicing needs Accelerate at $24.99
  • free plan caps at 5 projects and 5 users
2

Harvest

Best for Simple time tracking and invoicing
$9 per seat/month (billed annually)

Harvest keeps the path from time to invoice short. A team starts a timer, logs hours against a project and task, and then turns those hours into a polished invoice with one click. Estimates forecast hours and cost before work starts, expenses sit beside time on the same project, and reports show billable hours, budgets, and profitability. The Teams plan at $9 per seat per month billed annually covers unlimited projects, clients, and invoices, while Enterprise at $14 per seat per month billed annually adds timesheet approval, profitability reporting, and SAML single sign on.

Harvest fits small teams and solo consultants who want time tracking and invoicing without a heavy project platform. The free plan covers one seat and two projects, which suits a freelancer testing the flow. The limit is planning: Harvest has no kanban boards, Gantt charts, or workload views, so a team that needs task management will pair it with Asana or Trello, or pick Teamwork instead. For time and invoices alone, Harvest is the simplest tool here.

Price: $9 per seat/month (billed annually)

Free plan: Yes

Website: getharvest.com

What we like

  • Very simple timers and timesheets
  • invoices, estimates, and expenses in one place

Watch out for

  • Project planning is lighter than full PM tools
  • reporting depth needs the Enterprise plan
3

Scoro

Best for Quote to cash for consultancies
depends on the apps chosen, so quotes vary

Scoro is a professional services platform that covers the whole flow from quote to cash. A deal becomes a project, the project gets a plan and a budget, time flows into invoices, and reports show margin by client, project, or team. Pricing starts from 15 euros per user per month and scales with the apps a team picks from eight core apps, including Do, Deliver, Track, Resource, Sell, Estimate, Spend, and Invoice. A free trial covers the chosen combination, and annual billing gives a discount of 13 to 17 percent.

Scoro fits consultancies, agencies, and IT firms that want one system for sales, delivery, and money. The shared data model is the main strength: time logged in Track flows straight into Invoice, and work planned in Do connects to Resource capacity. The limit is complexity and cost. A team must pick a combination, the minimum is 5 seats, and setup takes days to weeks. A small team that only needs invoices will find Avaza or Paymo cheaper and faster to start.

Price: from €15 per user/month

Free plan: Free trial (14 days)

Website: scoro.com

What we like

  • Quoting, delivery, time, and invoicing share one data model
  • strong profitability reporting

Watch out for

  • Price depends on the apps chosen, so quotes vary
  • minimum of 5 seats on every combination
4

Accelo

Best for End to end PSA with billing
quote only

Accelo is a professional services automation platform that runs the full client lifecycle. Sales work becomes projects, projects carry retainers and budgets, time and expenses flow into invoices, and reports show utilization and margin. Forecast, which Accelo acquired in 2025, now sits inside Accelo, adding predictive resourcing and capacity planning. Pricing is quote only, so a team must talk to sales for a number, and there is no free plan, only a demo and a guided trial.

Accelo fits service firms of 20 to 200 people that want one system for the whole business. Automation moves work between sales, delivery, and billing without manual handoffs, and the platform scales from small teams to larger firms. The limit is the sales led model: no price on the site, no free plan, and a setup that needs time. A team that wants a quick start with a known price should look at Teamwork or Scoro instead.

Price: quote only

Free plan: No

Website: accelo.com

What we like

  • Sales, projects, retainers, and billing in one platform
  • strong automation for service firms

Watch out for

  • No published price, so budgeting needs a sales call
  • setup is heavier than simpler tools
5

Kantata

Best for Enterprise PSA with invoicing
quote only

Kantata is a professional services platform built for larger firms that manage many projects, people, and budgets at once. It pairs resource planning with project accounting, so a lead can see who is booked, what a project costs, and what to invoice, all in one place. Time, expenses, and billing feed reports on utilization, margin, and forecast revenue. Pricing is quote only, and there is no free plan, so a team should expect a sales process and an implementation project.

Kantata fits firms with 50 or more billable staff that need control over capacity and money. The depth is the point: skill based scheduling, project accounting, and portfolio views go beyond what smaller tools offer. The limit is fit. A team under 20 people will find Kantata slow to set up and dear to run, and a team that only needs invoices will do better with Avaza, Paymo, or Harvest. Kantata is the pick when scale and control matter more than speed.

Price: quote only

Free plan: No

Website: kantata.com

What we like

  • Deep resource planning with project accounting
  • built for large professional service firms

Watch out for

  • No published price and no free plan
  • too heavy for teams under 20 people
6

Avaza

Best for Low cost projects, time, and invoicing
$9.96 per month (billed annually)

Avaza packs projects, time tracking, expenses, resource scheduling, chat, and invoicing into one low cost package. The free plan covers 5 active projects, 10 customers, and 5 invoices a month, with one timesheet user and one admin user. Startup at $9.96 a month billed annually lifts the limits to 20 projects and 50 invoices a month, while Basic at $19.96 a month billed annually covers 50 projects and 100 invoices. Business at $39.96 a month billed annually removes the caps and adds unlimited invoices. Every priced plan starts with a 14 day free trial.

Avaza fits small businesses and freelancers who want one bill for projects and invoicing. Unlimited project collaborators means clients can follow tasks without extra seats, and extra timesheet users cost $7 per user per month. The limit is depth: scheduling is basic, reports are simple, and the design is plain beside Teamwork or Scoro. For a team of 1 to 10 people that needs invoicing without a large monthly bill, Avaza is the best value on this list.

Price: $9.96 per month (billed annually)

Free plan: Yes

Website: avaza.com

What we like

  • Projects, timesheets, expenses, and invoices from $9.96 a month
  • unlimited project collaborators

Watch out for

  • Resource scheduling needs a scheduling seat per scheduled user
  • reporting is simpler than PSA tools
7

Paymo

Best for Small team projects and invoices
$10.90 per user/month

Paymo combines project management, time tracking, and invoicing in one workspace. Tasks carry kanban, calendar, and Gantt views, timers feed timesheets, and invoices can be built from time with recurring billing. The free plan covers unlimited time tracking and unlimited invoices for one user, with 1 client and 2 projects. Solo at $5.90 a month covers one user, while Plus at $10.90 per user per month adds recurring invoices, estimates, expenses, and project profitability. Pro at $16.90 per user per month adds Gantt charts, scheduling, and timesheet approvals.

Paymo fits small teams and freelancers who want a single tool for work and billing. The free plan is unusually generous for invoicing, and the Plus plan is cheap for a team of 3 to 10. The limit is the pricing shape: the first 3 months are discounted, then Solo rises to $9.90 and Plus to $15.90, so a team should budget on the later rate. For a small team that wants kanban, time, and invoices together, Paymo is a strong low cost pick.

Price: $10.90 per user/month

Free plan: Yes

Website: paymoapp.com

What we like

  • Kanban, Gantt, and time tracking with recurring invoices
  • free plan covers time and invoices

Watch out for

  • First 3 months are discounted, then the rate rises
  • advanced scheduling needs the Pro plan
8

FreshBooks

Best for Solo billing with project budgets
$23 per month

FreshBooks is an invoicing and accounting tool with enough project tracking to serve solo consultants. Invoices are polished, with online payment links, late fee schedules, and automatic reminders. Projects carry budgets and billable time, expenses attach to projects, and reports show business health at a glance. Lite at $23 a month covers 5 billable clients, Plus at $43 a month covers 50 clients and adds proposals and retainers, and Premium at $70 a month covers unlimited clients and adds project profitability and accounts payable. A 30 day free trial covers every plan.

FreshBooks fits a freelancer or small firm that bills by the hour and wants clean invoices above all else. The invoice design and the payment flow are better than any project tool on this list. The limit is project depth: there are no kanban boards, no Gantt charts, and no workload views, so a team that manages complex projects will need a PM tool beside it. For solo billing with light project tracking, FreshBooks is the pick.

Price: $23 per month

Free plan: Free trial (30 days)

Website: freshbooks.com

What we like

  • Very polished invoices with online payment links
  • project budgets and time tracking included

Watch out for

  • Project management is basic beside PM tools
  • Lite covers only 5 billable clients

What to check before you buy

Check what the invoice needs. Some tools invoice from time, some from fixed fees, and some from both, and the plan that covers invoicing is often not the cheapest plan. Check client limits, since FreshBooks Lite caps billable clients at 5 and Avaza free caps invoices at 5 a month. Check whether rates are per user or per account, since Avaza and FreshBooks charge per account while Teamwork and Harvest charge per seat. Check tax handling, payment links, and late fees before the first invoice goes out.

FAQ

Do I need a separate accounting tool beside project software with invoicing?

Not always. Teamwork, Avaza, Paymo, and FreshBooks cover invoices, expenses, and basic reports, which is enough for a small team. A team that needs double entry accounting, payroll, or tax filing should connect QuickBooks or Xero, which Teamwork, Harvest, and FreshBooks support. Keep the invoice in the project tool and the ledger in the accounting tool.

Which tool is best for invoicing from tracked time?

Teamwork is best for invoicing from tracked time at scale, because Accelerate turns time entries into invoices and tracks retainers and budgets. Harvest is the simplest choice, with one click invoices from timers and timesheets. Avaza and Paymo also build invoices from time at a lower price, which suits teams under 10 people.

Can a small team invoice for free?

Yes. Avaza free covers 5 invoices a month and Paymo free covers unlimited invoices for one user, while Harvest free covers one seat and two projects with invoicing included. These free plans suit a freelancer or a team testing the flow. Move to a priced plan when the team needs more clients, more projects, or more invoice volume.

What is the cheapest project management software with invoicing?

Avaza Startup at $9.96 a month billed annually is the cheapest priced plan on this list, and it covers 20 projects and 50 invoices a month. Harvest Teams at $9 per seat per month billed annually is close, with unlimited projects and invoices. Teamwork Basics at $9.99 per user per month is similar, but invoicing itself needs Accelerate at $24.99.

How do retainers work in project software?

A retainer is a fixed block of hours or money a client buys each month. Teamwork Accelerate tracks retainer use against logged time and warns when the balance runs low. Scoro and Accelo track retainers across projects and report on what is used, what is left, and what to bill next. Set the retainer amount, the period, and the rate before work starts.

Sources we checked

How we score

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