TimeStatement vs Clockify

TimeStatement

Strengths

• +Intuitive and simple interface that simplifies transition from spreadsheet-based time tracking
• +Effective core functionality for time tracking, client billing, and categorizing time entries
• +Automated reminders to support consistent time management
• +Integrations with accounting and project management tools to streamline workflows
• +Particularly well-suited for professional services like legal, consulting, and financial sectors
• +Free version available, lowering the barrier to entry

Limitations

• −Limited reporting features, with users requesting more detailed breakdowns of time spent per task
• −Feature set lacks depth for advanced workflow analysis and granular insights

Clockify

Strengths

• +Simple and intuitive interface
• +Free plan with unlimited users
• +Good value for money
• +Cross-platform support

Limitations

• −Limited features in the free plan
• −No built-in invoicing in lower tiers
• −Learning curve for advanced features
• −Occasional sync issues

TimeStatement

• Free 0€ per user / monthFor freelancers · All Starter features included · 1 user
• Starter 3.50€ per user / month (billed annually)Clock-in / clock-out system · Time tracking and absence management · Automatic backups
• Starter 5.50€ per user / month (billed monthly)Clock-in / clock-out system · Time tracking and absence management · Automatic backups
• Pro (Recommended) 9.50€ per user / month (billed annually)All Starter features included · Project-based time tracking and expense management · Invoicing with customizable templates
• Pro (Recommended) 14.50€ per user / month (billed monthly)All Starter features included · Project-based time tracking and expense management · Invoicing with customizable templates

Pricing varies depending on billing cycle (monthly or annual). Self-hosting available on request for the Free plan.

Clockify

• Free Free ForeverUnlimited users · Unlimited tracking · Basic reporting
• Basic $3.99 per user per monthUnlimited projects · Advanced reporting · Billable rates
• Standard $5.49 per user per monthTime audits · Invoices · Time off tracking
• Pro $7.99 per user per monthScreenshots · Custom fields · Locked time entries
• Enterprise $11.99 per user per monthSingle sign-on (SSO) · Custom subdomain · Audit log

Pricing is billed annually. A free plan is available.

TimeStatement

Time Tracking

Easy and precise tracking of working hours, Time clock function for on-site recording, Mobile app for recording working hours on the go, Tracking of target vs. actual hours, overtime, and holidays

Project Time Tracking

Creation, management, and billing of project timesheets, View of employees' working hours per project, Accurate billing for services and fees, Identification of time or cost overruns

Invoicing

Automatic invoice generation, Fully customizable invoice templates, Export invoices as PDF and Word documents, Inclusion of expenses in invoices

Absence Management

Online request, approval, and rejection of absences, Customizable absence categories and rules, Creation of absence lists and reports, Monitoring of remaining holidays and absences

Expense Tracking

Paperless expense management, Custom expense categories, Automatic inclusion of expenses in invoices, Reporting and export functions

Clockify

Time Tracking

Track time manually or with a timer, Add time entries for past work, Edit and delete time entries, Use desktop and mobile apps

Reporting

Generate detailed reports, Filter by user, project, or date range, Export reports, View summary and detailed breakdowns

Project Management

Create and manage projects, Assign users to projects, Set project budgets, Track project progress

Team Collaboration

Invite team members, Set user roles and permissions, Share reports with team members, Comment on time entries

Integrations

Connect with other tools, Automate workflows, Sync data across platforms