Top 6 Project Management and Billing Software for Your Business
Every business has project management and billing needs, so project management and invoicing software are very necessary.
Businesses of different categories can use this project management and billing software to manage their various business processes, plan projects, project budgets, and provide quality services to their clients.
This article is about the 8 best project management and billing software programs that you can use to take your business to the next level.
What is project management and billing software?
Project Management and Billing Software is software designed to help businesses manage their projects and finances. Project management and billing software typically include features such as task management, team collaboration, invoicing, reporting, and time tracking.
Why do businesses need project management and billing software?
1. Improved Project Management: Project management software provides a centralized platform to organize, assign, and track tasks, deadlines, and milestones. This enables your teams to work more efficiently. It also allows for real-time collaboration and communication among team members and stakeholders, which improves project quality and completion speed.
2. Accurate Time Tracking: With project management and billing software, you can accurately track employee time spent on tasks or projects. This enables you to bill clients for time accurately worked and effectively manage their resources, ensuring that employees are assigned tasks based on availability.
3. Accurate Invoicing and Payment Tracking: Project management and billing software automate the billing process, allowing you to quickly and accurately create and send client invoices. It also keeps track of client payments and assists in managing account receivables.
4. Financial Reporting: Project management and billing software generate financial reports that assist you in tracking project costs, revenue, and profitability. This information is critical for you to make sound financial, operational, and growth decisions.
List of the best Project Management and Billing Software
1. ClientVenue
ClientVenue is a great software that can efficiently handle project management and your business's billing aspects. It offers a comprehensive suite of features that help companies manage their projects, track their finances, and streamline their workflows.
Features
- Billing and invoicing
- Reporting
- Resource management
- Scheduling
- Client onboarding
- Project management
Pros
- Collaboration between teams is highly improved.
- It has very efficient time-tracking tools.
- It supports the automation of workflow.
- It is highly customizable to meet specific needs.
Cons
- There is a little learning curve for new users.
Pricing
ClientVenue has two pricing plans that come with a 14 day full featured trial.
Professional: It comes with several features, including unlimited projects, a 10 GB storage drive, timesheets, resource management, client invoicing and payments, a branded white label portal, people performance reports, integrations, and priority support.
Enterprise: It includes everything offered in the Professional Plan, along with additional benefits like client accounts, a 100 GB storage drive, a dedicated services selling page, a dedicated accounts manager, custom development, 1-on-1 custom onboarding and coaching, and daily standups.
2. Monday
Monday.com is another project management software that provides businesses with the tools to efficiently manage their projects, tasks, and workflows. It also offers billing and invoicing features, making it an all-in-one business project management solution.
Monday enables its users to generate invoices, track payments automatically, create custom invoices, and send them to clients directly from the platform.
It also allows businesses to generate reports, track payments, and send automatic payment reminders to clients who have overdue payments.
Features
- Collaboration Tools
- Multiple Views
- Powerful Integration
- Customizable templates
- Time tracking
- Invoicing and billing
Pros
- Monday.com provides customizable dashboards, a Gantt view, and conversation threads for real-time collaboration.
- The software has an easy-to-use interface with built-in messaging and commenting features that facilitate communication and collaboration among team members.
- Monday.com's automation tools automate repetitive tasks and workflows.
- The platform includes pre-built templates for various use cases that can be customized to meet a user's specific requirements.
Cons
- Monday.com may not provide enough detail for certain users.
- There are limitations to the extent of customization that can be achieved.
- The software's per-user pricing can limit the number of people who can use it, especially for smaller businesses.
Pricing
Monday.com offers five pricing plans to suit different needs.
Individual: The Individual plan is free. It allows up to 3 boards, 200+ templates, and over 20 column types, among other features.
Basic: The Basic plan costs $8 per seat/month. It includes everything in the Individual plan, including unlimited items, 5 GB of file storage, and more.
Standard: The Standard plan is priced at $10 per seat/month. It includes all features in Basic, including timeline and Gantt views, guest access, and automation.
Pro: The Pro plan costs $16 per seat/month. It includes all Standard features, including private boards and docs, time tracking, and more.
Enterprise: Monday.com offers a customized plan for Enterprise-scale businesses with tailored onboarding, advanced reporting, multi-level permissions, and support, among other features.
3. HoneyBook
HoneyBook is an all-in-one project management and billing software specifically designed for creative businesses and freelancers. It provides a range of features to help businesses manage their projects, workflows, and billing processes more efficiently.
Honeybook is a comprehensive solution for managing clients, projects, and online payments together, allowing you to streamline your workflow and boost productivity.
Features
- Streamlined client management
- Lead capture
- Invoicing and billing
- Customizable templates
- Integration
- Project management
Pros
- HoneyBook is an all-in-one software
- It offers innovative features
- It provides users with extensive customization options.
- It ensures that transactions are secure
Cons
- Customization options are limited in some areas
- A steep learning curve is associated with using the software for new users.
Pricing
Starter: This plan costs $9.5 per month on monthly billing or $8 per month on annual billing. It provides unlimited clients and projects, invoices and payments, proposals and contracts, calendars, professional templates, client portals, and basic reports.
Essentials: The Essentials plan costs $19.5 per month on monthly billing or $16 per month on annual billing. It includes everything in the Starter plan, a scheduler, automation, QuickBooks Online integration, and standard reports.
Premium: The Premium plan costs $33 per month on annual billing or $39.5 per month on monthly billing and includes all the features of the Essentials plan, as well as advanced analytics, automation, and a dedicated account manager.
4. Plutio
Plutio is another excellent project management tool with invoicing capabilities and also allows you to track time, create painless and accurate invoices, and receive payments via various payment methods.
Plutio has branded client dashboard access that lets clients be involved in real-time. Chat messages can also be used to collaborate with team members, project managers, clients, and stakeholders.
Features
- Time tracking
- Invoicing
- Contracts
- Customizable templates
- Third-party integration
Pros
- Active improvement of features
- Availability of templates
- Sleek and friendly user interface
- Tasks can be automated
Con
- Difficulty in the initial setup
- Limited services for internal collaboration
- Lack of timing features
Pricing
Solo Plan – The Solo plan costs $19/month. It supports up to 3 clients without contributors and features a white-label add-on.
Studio Plan - The Studio Plan costs $39/month. It supports unlimited clients and ten contributors and charges $5/month per extra contributor for up to 50 contributors. It also features a white-label add-on and a single sign-on add-on.
Agency Plan – The Agency Plan costs $99/month. This plan supports unlimited clients and 30 contributors and charges $5/month per extra contributor up to 5/100 contributors with white-label included and also features a single sign-on add-on.
5. Paymo
Paymo is an all-in-one online project management tool that supports creative agencies with its excellent built-in collaboration tools, workflows, and project time tracking, and file sharing, proofing, invoicing, and billing capabilities.
Paymo also includes collaboration tools and workflows to help manage projects from start to finish. Creative teams can take complete control over their work using Paymo's 15-day free trial, which requires no credit card to sign up.
Features
- Team Scheduling
- Automation
- Leave Planner
- Gantt Chart
- Comments
- Invoicing & Estimates.
- File Proofing
Pros
- Paymo can be used to set milestones and track progress and project progress in real-time.
- It is highly flexible and perfectly scalable
- It is relatively easy to use
- It is a comprehensive tool
Cons
- It has a learning curve as new users take a long to fully understand the tool.
- Initial setup can be challenging
Pricing
Free: This plan includes basic tools and is designed for personal use. This plan is free and allows for one user only. It offers unlimited time tracking and creating invoices, up to 3 clients, and 50 tasks.
Starter: The Starter plan is designed with a complete suite for freelancers and costs $4.95 per user per month on annual billing or $5.95 per user per month on monthly billing. It offers everything in the free plan, with up to 6 clients and up to 300 tasks, project templates, total estimates, expenses, integrations, in-app tech support, and 25GB storage.
Small office: The Small Office plan suits small teams and departments. It costs $9.95 per user per month on annual billing or $11.95 per user monthly. The Small Office plan offers everything in the Starter plan with unlimited clients and tasks, recurring tasks, meta-Kanban board, live time reports, active timers, proofing and versioning, and 50GB storage.
Business: The Business plan is designed for medium to large teams. It costs $20.79 per user per month on annual billing or $24.95 per user monthly. It offers everything in the Small Office plan: free onboarding and training, employee scheduling and workload management; employee leaves management, Gantt charts, portfolio Gantt chart, priority support, online remote assistance, and 500GB storage.
6. Everhour
Everhour is a comprehensive project billing software with a powerful reporting engine to help businesses gain insight into employee productivity and project expenses.
The software also includes a team allocation view that enables businesses to see how busy or available each team member is at any given time. This feature helps companies manage their resources more effectively and ensure all tasks are assigned appropriately.
Features
- Time management
- Billing and budgeting
- Task management
- Visual projects and employee scheduling
- Team management
- Reports and dashboards
- Invoicing
Pros
- It enables you to keep track of work-related expenses to reimburse employees.
- The tool syncs data instantly, ensuring you can always access the most up-to-date information.
- It allows you to select an appropriate billing method, such as non-billable, time, or fixed fee.
Cons
- The mobile version could be improved.
- Loading software takes a long time.
- The system for displaying estimated time for tasks is not user-friendly.
Pricing
Free: The free plan is ideal for simple tracking and reporting. It is entirely free for up to five users, and the services in this package include unlimited time tracking, unlimited projects, unlimited reports, and export reports.
Lite: The Lite plan gives users more control and features. It costs $6 per user per month on monthly billing or $5 per user per month on annual billing and offers everything in the Free plan, including up to 10 users, budgets, billable rates, invoicing, and reminders.
Team: The team plan is designed for teams that need all the features of Everhour and best-in-class integrations. It costs $10 per user per month on monthly billing or $8.50 per user per month on annual billing. It offers everything in the Lite plan, including unlimited users, works inside all integrations, time approval, time cards, scheduling, priority support, and API.
The Ultimate Best Project Management and Billing Software: ClientVenue
ClientVenue is the ultimate project management and billing software for businesses of all sizes. Its comprehensive features, integration capabilities, and ease of use make it a must-have tool for any business looking to streamline its operations and improve its bottom line.
ClientVenue has excellent project management tools and capabilities that help users manage tasks, deadlines, and resources and create and manage projects from start to finish.
It also offers collaboration tools, enabling team members and clients to collaborate on projects and share progress updates. This helps businesses stay on top of their projects, ensuring they are completed on time and within their project budget.
ClientVenue also has powerful billing capabilities, enabling businesses to easily create and send invoices, track payments, and manage expenses. It also offers integration with other accounting systems and software, making it easy to keep track of financial transactions.
Here are the features that make ClientVenue an ideal solution:
Time Tracking
ClientVenue’s time-tracking feature helps you accurately track the time you spend on each project. It makes it easier to create accurate invoices.
Customizable Branding
With ClientVenue, you can customize your brand with logos, colors, fonts, and other custom features. This allows you to create a consistent and professional look across all of your projects.
Project Management
ClientVenue helps you manage your projects with ease. You can create tasks and assign them to the relevant team members. You can also set deadlines and budgets to ensure your projects stay on track.
Collaboration Tools
ClientVenue’s collaboration tools make it easy for your teams to stay connected. You can assign files and tasks to team members and collaborate on documents in real-time.
Automated Workflows
ClientVenue helps you automate tedious tasks such as invoicing, scheduling, and more. With automated workflows, you can free up your time and focus on more important tasks.
Analytics and Reporting
ClientVenue provides detailed reports and analytics to help you measure performance and track progress. With this data, you can make strategic decisions and improve the efficiency of your processes.
Client Management
ClientVenue helps you stay organized and manage your clients better. You can store all of their contact information, project details, and more. This helps you keep track of all of your clients in one place.
Conclusion
ClientVenue gives users the platform to stay on top of their project management while seamlessly handling the billing of the entire business process.
The integration capabilities of ClientVenue with other software tools enable businesses to streamline their workflow and automate many manual tasks.
ClientVenue is a must-have tool for any business looking to improve its client experience and bottom line.