Paymo vs Paylocity
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.
Paylocity
Paylocity is a modern HR and payroll platform designed for mid-market businesses. It combines payroll processing with employee engagement tools, learning management, and workforce analytics. Paylocity stands out for its strong mobile experience and focus on building connected, engaged workplaces.
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
- ✓Strong employee engagement and communication tools
- ✓Excellent mobile app for both managers and employees
- ✓Modern UI with good user adoption rates
- ✓Robust payroll with strong compliance features
Cons
- ✗Pricing requires a sales call and is not published online
- ✗Implementation can be complex for larger organizations
- ✗Some advanced features require additional modules at extra cost
Paymo vs Paylocity: Side by Side
| Factor | Paymo | Paylocity |
|---|---|---|
| User Rating | N/A | N/A |
| Category | Project Management | HR Software |
| Pricing Model | Freemium | Paid |
| Starting Price | Contact for pricing | Custom pricing |
| Best For | Freelancers and small agencies needing project management combined with time tracking and client invoicing | Mid-market businesses with 20-1000 employees |
| Our Pick | — | — |
Paymo Features
- ✓Project management
- ✓time tracking
- ✓invoicing
- ✓expense tracking
- ✓team collaboration
- ✓client portal
Paylocity Features
- ✓Payroll
- ✓benefits
- ✓talent management
- ✓workforce management
- ✓analytics
- ✓employee self-service
Pricing Comparison
Our Take
Choose Paymo if freelancers and small agencies needing project management combined with time tracking and client invoicing. Choose Paylocity if mid-market businesses with 20-1000 employees.
Best For
Freelancers and small agencies needing project management combined with time tracking and client invoicing
Best For
Mid-market businesses with 20-1000 employees
Also Consider
If neither Paymo nor Paylocity 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 Paylocity?
Paymo is best for freelancers and small agencies needing project management combined with time tracking and client invoicing. Paylocity is best for mid-market businesses with 20-1000 employees.
Which is better, Paymo or Paylocity?
Choose Paymo if freelancers and small agencies needing project management combined with time tracking and client invoicing. Choose Paylocity if mid-market businesses with 20-1000 employees.
How much does Paymo cost?
Visit Paymo website for current pricing.
How much does Paylocity cost?
Paylocity starts at Custom pricing. Pricing model: Paid.
Who should use Paymo?
Freelancers and small agencies needing project management combined with time tracking and client invoicing
Who should use Paylocity?
Mid-market businesses with 20-1000 employees