tech from europe
vsHarvest

TimeStatement vs Harvest

Last updated October 2026

Looking for a European alternative to Harvest? Here's how TimeStatement compares, on EU hosting, GDPR and what it does.

Our pick for a European buyer: TimeStatement. We weight data residency, GDPR and EU jurisdiction above everything else — that is the constraint this directory exists to solve.

TimeStatement
Harvest
What it is
Swiss time-tracking with offline mode and GDPR-compliant Swiss hosting for SMEs.
Time tracking and invoicing software for teams and freelancers.
Headquarters
🇨🇭 CH
🇺🇸 US · 2006
EU data residency
not established
Not offeredNo EU server location offered.
DSGVO / GDPR
Yes
Yes
Certifications
No
ISO 27001, SOC 2 Type II
Price from
3.50€/user/mo
$12/user/mo
Free plan
Yes
Yes
Open Source
No
No
Ratings
No
CAPTERRA 4.6/5 (1,300) · G2 4.4/5 (850)
Integrations
Abacus API (Accounts Receivable), Abacus API (General Ledger), DATEV (CSV-Export), Infoniqa ONE 50 (via g.connect API), bexio API (time tracking interface) +2
Asana, Trello, QuickBooks, Slack, Microsoft Teams +6

Where each one wins

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

Harvest

Strengths

  • +Intuitive and easy to use for time tracking
  • +Strong invoicing and payment features
  • +Seamless integrations with popular tools
  • +Reliable and stable performance

Limitations

  • −No EU server location (data residency concerns)
  • −Limited customization in reports
  • −Mobile app lacks some desktop features
  • −Pricing can add up for large teams

Data residency & compliance

TimeStatement
Harvest
EU data residency
not established
Not offeredNo EU server location offered.
Transfer mechanism
not established
Standard Contractual Clauses
DPA
not established
Published →
Sub-processors
not established
not established
Certifications
No
ISO 27001, SOC 2 Type II

Pricing

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.

Harvest

  • Free Free Forever1 seat · 2 projects · Limited features
  • Pro $12 per user/monthUnlimited seats · Unlimited projects · Invoicing & payments

Pricing is billed annually. Discounts available for larger teams.

Features

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

Harvest

Time Tracking
Track time from desktop, mobile, or browser, Start/stop timers with one click, Automatic time capture for apps and websites, Idle time detection
Invoicing & Payments
Create and send professional invoices, Accept online payments via Stripe, PayPal, Automated invoice reminders, Multi-currency support
Reporting & Insights
Visual project and team reports, Budget tracking and forecasting, Customizable dashboards, Export reports to CSV or PDF
Integrations
Connects with 100+ apps (e.g., Asana, Trello, QuickBooks), Zapier and API access, Slack and Microsoft Teams notifications, Google Calendar sync
See TimeStatement →More Harvest alternatives