Paymo vs 15Five
A head-to-head comparison to help you pick the right tool
Last updated: April 30, 2026
Paymo
Paymo is a project management and time tracking tool built for freelancers and small agencies. It combines task management, time tracking, invoicing, and resource scheduling in one platform.
15Five
15Five is a continuous performance management platform focused on weekly check-ins, OKRs, and employee engagement. It helps managers stay connected with their teams through structured feedback and recognition tools. 15Five is popular with remote and distributed teams that need async communication tools.
Pros
- ✓Built-in time tracking and invoicing
- ✓Good resource scheduling
- ✓Ideal for client-facing work
- ✓Affordable pricing
- ✓Clean interface
Cons
- ✗Not suited for large enterprise teams
- ✗Limited automation
- ✗Smaller integration ecosystem
- ✗Reporting less robust than competitors
Pros
- ✓Simple and intuitive weekly check-in format that drives adoption
- ✓Strong OKR and goal-setting tools
- ✓Excellent manager training and coaching resources
- ✓Good engagement survey tools with benchmarking
Cons
- ✗Limited HR functionality beyond performance and engagement
- ✗No payroll or benefits administration
- ✗Reporting could be more advanced for data-driven HR teams
Paymo vs 15Five: Side by Side
| Factor | Paymo | 15Five |
|---|---|---|
| User Rating | N/A | N/A |
| Category | Project Management | HR Software |
| Pricing Model | Freemium | Paid |
| Starting Price | Contact for pricing | $4/user/mo |
| Best For | Freelancers and small agencies needing project management combined with time tracking and client invoicing | Companies focused on employee engagement and performance |
| Our Pick | — | — |
Paymo Features
- ✓Project management
- ✓time tracking
- ✓invoicing
- ✓expense tracking
- ✓team collaboration
- ✓client portal
15Five Features
- ✓Weekly check-ins
- ✓OKRs
- ✓performance reviews
- ✓engagement surveys
- ✓manager training
Pricing Comparison
Our Take
Choose Paymo if freelancers and small agencies needing project management combined with time tracking and client invoicing. Choose 15Five if companies focused on employee engagement and performance.
Best For
Freelancers and small agencies needing project management combined with time tracking and client invoicing
Best For
Companies focused on employee engagement and performance
Also Consider
If neither Paymo nor 15Five is the right fit, Wrike is worth evaluating.
Wrike
Marketing and creative teams needing enterprise project management with approvals and proofing
From Free
Frequently Asked Questions
What is the difference between Paymo and 15Five?
Paymo is best for freelancers and small agencies needing project management combined with time tracking and client invoicing. 15Five is best for companies focused on employee engagement and performance.
Which is better, Paymo or 15Five?
Choose Paymo if freelancers and small agencies needing project management combined with time tracking and client invoicing. Choose 15Five if companies focused on employee engagement and performance.
How much does Paymo cost?
Visit Paymo website for current pricing.
How much does 15Five cost?
15Five starts at $4/user/mo. Pricing model: Paid.
Who should use Paymo?
Freelancers and small agencies needing project management combined with time tracking and client invoicing
Who should use 15Five?
Companies focused on employee engagement and performance