Lendio Bookkeeping vs Teamwork
A head-to-head comparison to help you pick the right tool
Last updated: April 30, 2026
Lendio Bookkeeping
Lendio Bookkeeping is a small business bookkeeping service that pairs automated software with human bookkeepers to keep your finances organized. It also connects businesses to funding options through the Lendio lending marketplace.
Teamwork
Teamwork is a project management platform built specifically for client-facing teams and agencies. It includes built-in time tracking, invoicing, and client portals that make it ideal for professional services businesses managing multiple client projects simultaneously. Teamwork helps agencies deliver projects on time and on budget while keeping clients informed.
Pros
- ✓Combines software with human bookkeepers
- ✓Connected to Lendio lending marketplace
- ✓Good for businesses needing both bookkeeping and financing
- ✓Simple pricing
- ✓US-focused
Cons
- ✗Less well-known than major competitors
- ✗Limited advanced accounting features
- ✗Best value for businesses also seeking financing
- ✗US only
Pros
- ✓Built specifically for agencies and client-facing teams
- ✓Built-in time tracking and invoicing saves money on separate tools
- ✓Client portal keeps clients informed without giving full system access
- ✓Strong resource and budget management features
Cons
- ✗Less suitable for internal team project management
- ✗Interface feels less modern than competitors
- ✗Some key features only on higher paid tiers
- ✗Can be complex to set up for new users
Lendio Bookkeeping vs Teamwork: Side by Side
| Factor | Lendio Bookkeeping | Teamwork |
|---|---|---|
| User Rating | N/A | N/A |
| Category | Accounting Software | Project Management |
| Pricing Model | Paid | Freemium |
| Starting Price | Contact for pricing | Free |
| Best For | Small US businesses wanting managed bookkeeping combined with easy access to business financing options | Agencies and professional services firms managing multiple client projects |
| Our Pick | — | — |
Lendio Bookkeeping Features
- ✓Small business loans
- ✓bookkeeping
- ✓cash flow management
- ✓financial reporting
- ✓bank reconciliation
Teamwork Features
- ✓Project management
- ✓time tracking
- ✓invoicing
- ✓client portals
- ✓resource management
- ✓milestones
- ✓Gantt charts
- ✓budgets
- ✓collaboration tools
Pricing Comparison
Our Take
Choose Lendio Bookkeeping if small us businesses wanting managed bookkeeping combined with easy access to business financing options. Choose Teamwork if agencies and professional services firms managing multiple client projects.
Best For
Small US businesses wanting managed bookkeeping combined with easy access to business financing options
Best For
Agencies and professional services firms managing multiple client projects
Also Consider
If neither Lendio Bookkeeping nor Teamwork is the right fit, Dext is worth evaluating.
Dext
Bookkeepers, accountants, and businesses with high receipt volumes wanting to eliminate manual data entry
From $15/mo
Frequently Asked Questions
What is the difference between Lendio Bookkeeping and Teamwork?
Lendio Bookkeeping is best for small us businesses wanting managed bookkeeping combined with easy access to business financing options. Teamwork is best for agencies and professional services firms managing multiple client projects.
Which is better, Lendio Bookkeeping or Teamwork?
Choose Lendio Bookkeeping if small us businesses wanting managed bookkeeping combined with easy access to business financing options. Choose Teamwork if agencies and professional services firms managing multiple client projects.
How much does Lendio Bookkeeping cost?
Visit Lendio Bookkeeping website for current pricing.
How much does Teamwork cost?
Teamwork starts at Free. Pricing model: Freemium.
Who should use Lendio Bookkeeping?
Small US businesses wanting managed bookkeeping combined with easy access to business financing options
Who should use Teamwork?
Agencies and professional services firms managing multiple client projects