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Billing and Time Tracking Software: 9 Compared

Billing and time tracking software compared on invoicing, real cost at 10, 25, and 50 users, and the pricing changes that hit two major tools this year.

Billing and Time Tracking Software Compared

Why the advertised seat price is no longer the price at two major vendors, what nine tools cost at 10, 25, and 50 users, and where client billing stops being a payroll record

For most of this category's history the buying question was simple: pick a per-seat price you can live with and check that the invoice template looks professional. Two things changed that in the last year, and both of them mean the number on the pricing page is no longer the number on the bill.

One major vendor was acquired and restructured its pricing to charge usage fees on top of the seat rate, with customers reporting renewal invoices that looked nothing like the prior year. Another raised its per-employee fee by 25 percent at the entry tier effective July 1, 2026. Neither change is hidden, but neither shows up in a side-by-side comparison of advertised starting prices, which is how most of these tools get compared.

This comparison covers what the category does, where client billing stops being a valid payroll record, what nine tools actually cost at three team sizes, and what the pricing changes mean if you are buying now.

TL;DR
The advertised seat price is no longer reliable at two vendors. Harvest now charges usage fees for invoices, projects, clients, and tasks on top of its seat rate following its acquisition, and QuickBooks Time raised its per-employee fee by $2 a month from July 1, 2026, a 25 percent rise at the entry tier. Clockify remains the strongest free option with unlimited users. Most credible team tools land between $5 and $10 per user. Critically, billable-hours tracking is not a wage and hour record, and firms with non-exempt hourly staff need both.

What the category actually covers

The defining capability is not the timer. It is that a tracked hour carries a billable rate and a client attached to it, so an invoice can be generated from the time record rather than reconstructed from it.

CapabilityWhat it meansWho needs it
Billable rate per personDifferent people bill at different ratesAny firm with mixed seniority on a project
Rate per project or clientThe same person bills differently by engagementFirms with negotiated client rates
Billable versus internalTime is captured but excluded from invoicesEveryone, for utilization reporting
Budget trackingHours measured against an agreed project totalFixed-fee and capped engagements
Invoice generationThe bill is produced from the time recordFirms invoicing monthly from hours
Profitability reportingRevenue against cost per projectFirms deciding which work to take again

The last row is where the cheap tools and the expensive ones diverge. Tracking hours and sending an invoice is close to a commodity in 2026 and available free. Knowing whether a given client is actually profitable once you account for the unbillable time surrounding their work is what the higher tiers charge for, and for many small firms it is the only feature worth paying for.

Client billing is not a payroll record

This distinction gets collapsed constantly, including by buyers who assume that because they are tracking hours they have satisfied their obligations as an employer. They have not.

QuestionClient billingPayroll and compliance
What the hours produceAn invoice sent to a clientA paycheck paid to an employee
Who reviews themA project manager, then the clientA manager, then payroll
What accuracy protectsRevenue and the client relationshipLegal compliance with wage and hour rules
Rounding conventionTenths or quarters of an hour by customActual time worked, to the minute
Unbillable timeTracked but excluded from the invoiceStill paid, and still counts toward overtime
Recordkeeping dutyContractual, set by the clientStatutory under the Fair Labor Standards Act
Most products in this category answer the left column well and the right column partially or not at all. A firm with non-exempt hourly employees has both obligations, and a billable-hours tool does not satisfy the second one on its own.
One rounding rule cannot serve both purposes
Professional services conventionally bill in six-minute or fifteen-minute increments, and configuring that rule is routine. The mistake is applying the same rounding to employee pay. Rounding that is perfectly acceptable in a client invoice is constrained by wage and hour rules when it determines what a non-exempt employee is paid, and a rule that systematically rounds against the employee creates exposure regardless of intent. If the same tool feeds both your invoices and your payroll, confirm the rounding is configured separately for each rather than once globally.

The practical consequence is that a firm with salaried exempt professionals can often run on billing tracking alone, while a firm with non-exempt hourly staff needs a record of actual hours worked that satisfies statutory recordkeeping. Our comparison of time clock and payroll software covers that side, and our guide to overtime pay covers the rules that make it necessary.

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Two pricing changes worth knowing before you buy

Comparison content in this category tends to list advertised entry prices and move on. Two of those numbers are currently misleading in ways a buyer should know about.

Harvest moved to seat plus usage

Harvest was acquired by Bending Spoons in July 2025 and the pricing model was restructured afterward. The current arrangement pairs a per-seat plan fee with usage-based charges tied to account activity: invoices sent, projects created, clients managed, and tasks logged. The vendor offers a usage-based billing mode and a fixed-fee unlimited mode, and the free tier was cut to one seat and two projects.

The seat price is a floor, not a total
The consequence is specific and worth modeling before signing: an account with few seats but many projects or clients can cost far more than the seat count suggests, because the usage dimension is uncorrelated with headcount. Customer reports describe renewal figures multiples above the prior year, most acutely for small teams running high project counts. This does not make the product bad; Harvest has a mature feature set and wide integrations, and the fixed-fee option exists precisely for buyers who want predictability. It does mean that comparing its per-seat rate against a competitor's per-seat rate is not a like-for-like comparison, and that a quote at your actual project and client volume is the only meaningful figure.

QuickBooks Time raised its per-employee fee

Effective July 1, 2026, QuickBooks Time increased its per-employee monthly fee by $2 on both the Premium and Elite plans, with the base subscription unchanged. At the entry tier that moves the per-employee charge from $8 to $10, a 25 percent increase, applied on top of a base fee and on top of the QuickBooks Online subscription the product requires.

For a 25-person business the increase alone is roughly $600 a year. The product remains a reasonable choice for a firm whose books already live in QuickBooks, since the integration removes an export step, but the value calculation is different at the new rate than it was at the old one.

9 billing and time tracking products compared

Nine tools spanning free to enterprise, chosen because they cover the realistic range for a firm of one to fifty people rather than because they are the most advertised.

ProductBest ForEntry PricePricing ModelBillable RatesInvoicingPayroll LinkTrial
ClockifyBudget-conscious teamsFreePer userFree tier
Toggl TrackFast tracking, light billing$9/userPer userFree tier
HarvestTeams wanting mature invoicing$9/userSeat plus usageFree tier
PaymoSmall project-based teams$5.90/userPer userFree tier
EverhourTeams living in Asana or Jira$8.50/userPer userFree tier
HubstaffDistributed teams needing proof$4.99/userPer userFree tier
QuickBooks TimeBusinesses inside QuickBooks$20 + $10/eeBase plus per eeFree trial
BigTimeProfessional services at scale$20/userPer userDemo
FreshBooksSolo operators who invoice$19/moFlat plus usersFree trial
Pricing verified as of July 2026 from vendor pricing pages, at the lowest paid tier with annual billing where the vendor discounts for it. Invoicing means the product generates a client invoice from tracked hours rather than exporting to an accounting tool. Payroll Link means hours feed a payroll process rather than only a client bill. Harvest carries usage fees on top of the seat rate on its usage-based billing option, so its entry figure is a floor rather than a total. QuickBooks Time requires a QuickBooks Online subscription billed separately.

Clockify

The strongest free option in the category by a clear margin, offering unlimited users on the free tier with project tracking, billable rates, and reporting, and paid tiers from roughly $4 to $6 per user per month for features like scheduling, expenses, and approvals. For a small firm that needs hours captured against projects and can build invoices elsewhere, the free tier is frequently a permanent answer rather than a trial.

Pros
Unlimited users on the free tier, which is rare in the category
Billable rates and project tracking available without paying
Cheapest paid tiers among established team tools
Broad platform coverage across web, desktop, and mobile
Cons
Invoicing is thinner than dedicated billing tools
Administrative depth means a busier interface than the minimalists
Some reporting and approval features sit behind paid tiers
Support is lighter than the premium-priced competitors

Toggl Track

Built around speed of capture, with an interface widely regarded as the cleanest in the category, a free tier for small teams, and paid plans from around $9 per user per month. If the problem at your firm is that people do not track time because tracking is annoying, this addresses the cause more directly than a feature-richer tool would.

The trade-off is the other half of the job: invoicing is comparatively limited, and firms that need billing depth typically pair it with something else or choose differently.

Pros
Fastest and least intrusive time capture experience
Strong reporting clarity for utilization and project analysis
Free tier suitable for a small team
High adoption rates because the daily workflow is genuinely quick
Cons
Invoicing is limited relative to dedicated billing tools
Per-user pricing is above the budget options
Fewer administrative controls than Clockify
Advanced features require the higher tiers

Harvest

A mature product with two decades of history, a well-regarded invoicing workflow, and wide integrations, at $9 per seat per month on Teams and $14 on Enterprise with annual billing. If the requirement is tracked hours becoming a clean client invoice with minimum friction, the workflow is among the best in the category.

The caveat is the pricing structure described above rather than the product. Model your actual project, client, and invoice volume before committing, and ask specifically about the fixed-fee billing option if predictability matters more than optimizing the monthly rate.

Pros
Among the smoothest paths from tracked time to a sent invoice
Mature feature set with wide third-party integrations
Fixed-fee billing option available for predictable costs
Long track record and stable core product
Cons
Usage fees on top of seat cost make the entry price a floor
Free tier reduced to one seat and two projects
Project profitability reporting sits at the higher tier
Customers report significant renewal increases since the ownership change

Paymo

A project-based work platform with time tracking and invoicing built in, starting around $5.90 per user per month and rising through tiers that add resource scheduling and profitability tracking. For a small agency or studio that wants project management and billing in the same tool rather than two subscriptions, it hits a useful middle point.

Pros
Project management and billing in a single subscription
Low entry price for the feature breadth included
Free tier available for a single user
Resource scheduling included at higher tiers
Cons
Breadth means more setup than a focused timer
Advanced profitability features require upper tiers
Smaller ecosystem than the category leaders
Less suited to firms that already run a project tool

Everhour

Designed to embed inside project management tools rather than replace them, with native integrations into Asana, Jira, Trello, ClickUp, and others, a free tier for small teams, and paid plans around $8.50 per user per month. For a team whose work already lives in one of those systems, tracking from inside the task is a materially higher-adoption path than asking people to open a second app.

Pros
Best-in-class integrations with project management platforms
Time tracked from inside the task raises adoption
Budgets and estimates tied to the work itself
Free tier available for very small teams
Cons
Much of the value depends on using a supported project tool
Standalone experience is weaker than dedicated trackers
Invoicing is lighter than billing-first products
Per-user pricing above the budget tier
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Hubstaff

Aimed at distributed teams where the client or the employer wants verification alongside the hours, with screenshots, activity levels, and GPS available depending on tier, starting around $4.99 per user per month with a two-seat minimum. For agencies billing clients who expect proof of work, this is the category answer, and for teams who would find monitoring intrusive it is the wrong one.

Pros
Verification features that some client contracts effectively require
Low entry price relative to the monitoring capability
Payroll features included rather than export-only
Strong fit for remote and field-based teams
Cons
Monitoring is a cultural decision, not just a feature choice
Two-seat minimum on paid plans
Feature set spread across tiers and paid add-ons
Overbuilt for a co-located professional team

QuickBooks Time

Formerly TSheets, now Intuit's time product, priced at a base fee plus a per-employee charge and requiring a QuickBooks Online subscription. The argument is integration: hours reach payroll and the general ledger without an export, which for a firm already committed to QuickBooks removes a genuine friction point.

The argument against is cost, which was already the highest here at the entry tier before the July 2026 per-employee increase and is more so after it.

Pros
Native integration with QuickBooks payroll and accounting
Strong scheduling and time clock functionality
Established product with deep employer-side features
Removes export steps for firms already on QuickBooks
Cons
Per-employee fee rose $2 per month from July 1, 2026
Requires a QuickBooks Online subscription billed separately
Most expensive entry option in this comparison at scale
Little value if your books are not in QuickBooks

BigTime

A professional services automation platform rather than a time tracker, covering time, billing, resourcing, and project financials, from around $20 per user per month at the entry tier. For a consultancy or firm past roughly ten people where project profitability and resourcing are real management problems, the price buys capability the cheaper tools genuinely lack.

Pros
Project financials and resourcing beyond simple time and billing
Built for professional services rather than adapted to it
Handles complex rate structures and billing arrangements
Scales into larger firms without replatforming
Cons
Entry price is several times the focused trackers
Substantially more platform than a small firm needs
Implementation effort is real rather than a signup
Adoption suffers if only the timer module is used

FreshBooks

An invoicing and accounting product with time tracking attached, rather than the reverse, from around $19 per month on the entry plan with additional team members charged separately. For a solo consultant whose actual need is to invoice clients and who tracks hours as an input to that, this covers both jobs in one subscription where the team-first tools cover only one.

Pros
Invoicing and light accounting in the same product as tracking
Flat monthly pricing rather than per user at the entry tier
Strong fit for solo operators and very small firms
Handles expenses and payment collection alongside billing
Cons
Each additional team member carries a separate charge
Time tracking is secondary to the accounting product
Weaker project and utilization reporting than the trackers
Cost rises quickly once a team grows past a couple of people

What each product costs at 10, 25, and 50 users

Nearly everything here prices per user, which makes the arithmetic simple and the growth curve steep. There is no base fee to amortize across a team, so headcount multiplies the bill directly.

Product10 users25 users50 usersNotes
ClockifyFreeFree$100Free tier covers unlimited users
Hubstaff$50$125$250Two-seat minimum applies
Paymo$59$148$295Starter tier, per user
Everhour$85$213$425Team tier, free up to 5 users
Toggl Track$90$225$450Starter tier, invoicing is limited
Harvest$90$225$450Seat fee only; usage fees add on top
QuickBooks Time$120$270$520Base plus per employee, after July increase
BigTime$200$500$1,000Essentials tier, professional services focus
Monthly cost at the lowest paid tier that supports the stated user count, verified July 2026, excluding add-ons and promotional discounts. The Harvest figures reflect the seat fee only and understate the bill for accounts on usage-based billing. The QuickBooks Time figures reflect the per-employee increase that took effect July 1, 2026 and exclude the required QuickBooks Online subscription.

The spread at 50 users is roughly $1,000 a month between the cheapest paid option and the most expensive, which is a real budget difference for a firm of that size. Clockify staying free at any headcount is the outlier that reframes the whole table: if the free tier covers what you need, the correct comparison is not between the paid options but between free and whichever paid feature you actually cannot do without.

Price the feature you are actually buying
Almost every firm in this category can track hours for free. What the paid tiers sell is some combination of invoicing, profitability reporting, approvals, and integrations. Before comparing per-user rates, name the one capability that makes a free tier insufficient for you, then find the cheapest tool that delivers it well. Firms that skip this step routinely pay $9 per user for a product whose core function they could have had for nothing, because the paid feature they were actually after sat two tiers higher anyway.

How to choose billing and time tracking software

Do you need to send invoices from the tool, or just inform them?
This is the question that decides whether you pay anything at all. If hours need to become a sent invoice inside the same product, you need real invoicing and the free tiers thin out quickly. If your bookkeeper or accounting software produces the invoice and you only need accurate hours by client, a free tier with billable rates and solid reporting may be a permanent answer rather than a starting point. Be honest about which one you are, because the answer changes the budget by thousands a year at team scale.
Are your people exempt salaried professionals or non-exempt hourly staff?
Billable-hours tracking is not a wage and hour record. If your billable staff are salaried exempt professionals, a billing tool alone generally covers your operational need. If you employ non-exempt hourly people, whether billable or administrative, you have a statutory recordkeeping obligation for actual hours worked and an overtime calculation that a client-billing tool is not designed to satisfy. Confirm which population you have before assuming one system covers both.
Have you priced the vendors whose model recently changed?
Two of the tools here no longer cost what a comparison table suggests. One charges usage fees on top of seats, tied to invoices, projects, clients, and tasks, so a small team with many projects can pay far more than the seat count implies. Another raised its per-employee fee by 25 percent at the entry tier effective July 1, 2026. In both cases, get a quote at your actual volume rather than reading the pricing page, and ask directly about fixed-fee options if predictability matters.
Where does the work already live?
Adoption is the failure mode in this category, not features. If your team works inside a project management tool all day, a tracker that embeds into it will be used and a standalone one often will not. If your books are in a particular accounting system, a native integration removes an export step that someone currently does manually every month. Choosing for integration with where work already happens beats choosing for a marginally better feature list.
Do you need profitability reporting or just hours and invoices?
Tracking hours and sending invoices is close to commodity and available cheaply. Knowing whether a client is profitable once unbillable time is accounted for is the capability that separates tiers and vendors, and it frequently sits at a higher plan than buyers expect. If this is the reason you are shopping, check which specific tier includes it at each vendor and compare those numbers, because the ranking at the entry tier tells you nothing about the ranking at the tier you will actually buy.

Before you choose

FirstHR does not track billable hours or invoice clients. Every product above does something we do not, and a firm shopping for time and billing should buy one of them.

What all nine share is an assumption: the person tracking time is already an employee or contractor in good standing with an account provisioned for them. In a professional services firm that assumption carries weight, because billable staff are the product, and every new one arrives with paperwork that no billing tool touches.

What happens before the first billable hourWhere it usually lives
Signed offer letter and employment agreementEmail attachments
Confidentiality agreement and client conflict termsA folder somewhere
Form I-9 within three business daysPaper, often incomplete
Form W-4 and state withholding equivalentPayroll provider, sometimes
Policy and handbook acknowledgmentRarely captured with a signature
Professional certifications and renewal datesRarely tracked systematically

None of that is produced by a time and billing tool, and in a firm under fifty people it typically lands on an operations lead alongside everything else. FirstHR covers that layer: onboarding workflows with deadline tracking, e-signature on offers and agreements, document management with retention and expiry tracking, training modules with completion records, an org chart, and employee self-service, at a flat $98 to $198 per month for US teams of 5 to 50 people. We sit alongside your billing tool rather than replacing it. Our comparison of employee onboarding software covers that layer against the alternatives.

Key Takeaways
The advertised seat price is unreliable at two vendors this year. Harvest now layers usage fees for invoices, projects, clients, and tasks on top of its seat rate following its 2025 acquisition, and QuickBooks Time raised its per-employee fee by $2 monthly from July 1, 2026, a 25 percent rise at the entry tier.
Client billing is not a payroll record. Billable-hours tracking answers what to charge; wage and hour recordkeeping answers what an employee is owed and whether overtime was calculated correctly. Firms with non-exempt hourly staff need both, and one rounding rule cannot serve both purposes.
Free is genuinely viable for time capture. At least one established tool offers unlimited users free with billable rates and project reporting, so the real question is not which paid tool to buy but which single paid capability makes free insufficient for you.
Profitability reporting is what the higher tiers actually sell. Tracking hours and issuing invoices is close to commodity; knowing whether a client is profitable after unbillable time is the capability that separates vendors and tiers, and it usually sits higher than buyers expect.
Adoption decides the outcome more than features. A tracker embedded where the work already happens gets used, and a standalone one competing for attention frequently does not, which is why integration with existing tools outranks a marginally longer feature list.

Frequently Asked Questions

What is billing and time tracking software?

Software that records hours spent on client work and turns them into an invoice. The defining capability is that a tracked hour carries a billable rate and a client attached to it, so the bill is generated from the time record rather than reconstructed separately.

What is the difference between billing time tracking and payroll time tracking?

Billing tracking asks what a client should be charged and protects revenue. Payroll tracking asks what an employee is owed and satisfies a legal recordkeeping obligation. Unbillable time shows the gap: excluded from the invoice, still paid, still counted toward overtime.

How much does billing and time tracking software cost?

From free to roughly $20 per user per month, with most credible team options between $5 and $10. Because pricing is per user, cost scales linearly with headcount. Two vendors changed their models this year in ways that make the advertised rate misleading.

Why did Harvest pricing change?

Harvest was acquired by Bending Spoons in July 2025 and its pricing was restructured to combine a per-seat fee with usage charges for invoices, projects, clients, and tasks. A fixed-fee option exists alongside the usage-based one, and the free tier was cut to one seat and two projects.

Is free billing and time tracking software good enough?

For time capture, often yes, since at least one established tool offers unlimited users free with billable rates and reporting. Limits usually appear at invoicing rather than tracking, so the test is whether invoices must leave the tool or merely be informed by it.

What is accounting time tracking software?

Usually it means time tracking used by accounting and CPA firms to bill their own clients, not accounting software with a timer. An accounting practice bills much like a law firm or agency, so the same category applies. See our comparison of payroll software for accountants for the adjacent question.

Do these tools handle rounding and billing increments?

Most support rounding rules and they should be configured deliberately. Professional services conventionally bill in six or fifteen minute increments. Rounding acceptable for client billing is constrained by wage and hour rules when it determines employee pay, so the two need separate configuration.

Should a small firm pick a specialist or an all-in-one platform?

A specialist is cheaper and faster to adopt if tracking and invoicing are the only broken parts. A platform makes sense if resourcing and project profitability also need solving. Buying a platform to fix a tracking problem tends to fail because only one module gets used.

Do billing tools track employee onboarding or HR records?

No. Every tool here assumes the person tracking time is already onboarded with an account provisioned. Hiring paperwork, signed agreements, policy acknowledgments, and the employee file sit outside these platforms. See our guide to new hire paperwork for what belongs in the file.

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