As a coach, or small business owner, choosing the right project management and invoicing software can be a daunting task. With so many options available, it can be difficult to know which one is the best fit for your needs.
Two popular choices among creative professionals are Paperbell and Honeybook. But which one is better?
Let’s take a closer look at both Paperbell and Honeybook to help you decide.
Paperbell
Paperbell is an all-in-one project management tool designed specifically for coaches and consultants.
With Paperbell, you can manage your projects, create invoices, and communicate with clients all in one place. The platform is user-friendly and easy to navigate, making it a great option for those who are new to project management software.
The Pros of Paperbell
To get started and help you decide which tool is best for your needs, let’s explore all of the pros of using Paperbell.
1. User-Friendly
Paperbell is designed with the user in mind, making it one of the easiest project management and invoicing platforms to navigate. The platform has a simple and intuitive interface, which makes it easy to get started and use on a daily basis.
2. Project Management Tools
One of the standout features of Paperbell is its in-depth project management tools.
Paperbell offers a range of tools to help you stay organized and on top of your workload. You can create projects, set deadlines, and collaborate with team members all within the same platform, making it easy to keep track of your progress.
Cons of Paperbell
Next, we’ll get into why Paperbell might not be the best choice for everyone. It is lacking some features that other software has, so it may not work best for your needs.
1. Limited Invoicing Capabilities
While Paperbell does offer invoicing capabilities, they are limited compared to other project management and invoicing platforms. For businesses that need more advanced invoicing features, Paperbell may not be the best option. The only integrations are through Stripe and Paypal.
2. Lack of Time Tracking
Paperbell does not have a robust time-tracking system, which could be a drawback for businesses that bill clients for their time. If you need to track your time on projects, you may need to use another tool in conjunction with Paperbell.
3. Limited Integrations
Paperbell has limited integration options, so you may not be able to connect it to other tools and platforms you use on a daily basis. This can be a problem for businesses that need to integrate their project management and invoicing software with other tools.
4. Limited Affordability
Compared to other project management and invoicing platforms, Paperbell is fairly expensive with a monthly cost of $57. While it is inclusive of their features there is no immediately usable CRM, form, or tax integration. This makes it a less-than-ideal option for businesses and freelancers on a tight budget who are looking for a cost-effective solution.
Honeybook
Honeybook is another popular project management and invoicing platform for creative and coaching professionals.
Like Paperbell, Honeybook offers a range of tools for managing projects, communicating with clients, and invoicing. However, some major differences set them apart, which we’ll discuss below.
Pros of Honeybook
First, we’ll look into all of the pros of using Honeybook, to help you decide if it is the right software for your needs.
1. Advanced Invoicing Capabilities
Honeybook offers advanced invoicing capabilities, making it a great choice for businesses and freelancers who need more than basic invoicing features. You can create detailed invoices, set payment terms, and even accept payments directly through the platform.
2. Time Tracking
Honeybook has a robust time tracking system, making it easy to track the time you spend on projects and bill clients accordingly. This feature is particularly useful for businesses that bill clients for their time.
3. Integrations
Honeybook integrates with a range of other tools and platforms, making it easy to connect your project management and invoicing software to the tools you use daily. This can help streamline your work and save you time.
Cons of Honeybook
There are several cons to Honeybook as well, to make it easy we have listed the biggest and most common complaints below.
1. Higher Cost
Compared to other project management and invoicing platforms, Honeybook is more expensive. Although it appears to be cheaper, this is just a limited time price. The price goes up by 400% on the annual plan in year 2! Note the fine print. This can make it a less attractive option for businesses and freelancers on a tight budget who are looking for a cost-effective solution for the long term.
2. Steep Learning Curve
Honeybook has a lot of features and capabilities, which can make it difficult to learn and use at first. It may take some time to get the hang of the platform, especially if you're new to project management software.
3. Limited Customization
While Honeybook offers a range of features, it has limited customization options. This can be a problem for businesses and freelancers who need to tailor their invoices and projects to fit their specific needs.
4. Slow Performance
Some users have reported that Honeybook can be slow and unresponsive, especially when dealing with large projects and lots of data. This can be a problem for businesses and freelancers who need a fast and reliable platform for managing their projects and invoices.
Conclusion
When it comes to choosing between Paperbell and Honeybook, the best option will depend on your individual needs and preferences.
Paperbell is a great choice for those who are new to project management software and need a user-friendly platform that is easy to navigate.
Honeybook is a better option for businesses that need more advanced invoicing capabilities and time-tracking features.
Bonsai: The Best Option
However, there’s an even better choice.
If you’re looking for a client management and invoicing platform that offers a wide range of features, is flexible, easy to use, and affordable, then Bonsai might be the perfect fit for you.
Bonsai is a comprehensive coaching platform that offers everything you need to manage your business, projects, and invoicing, all in one place. Discover the tools you need to grow your business quickly, easily, and efficiently.
1. Take Your Time Back
Save hours running your business by using powerful tools to keep it all organized, functioning automatically, and running smoothly.
2. Stay Organized
With efficient AI systems, you can quickly and easily Organize all the todos, files, and documents for your projects. Your clients even get their own project view to manage payments and contracts you’ve sent. Unlike competitors Bonsai has a client CRM that can help you stay on top of your customer touch points - from that first lead to sending proposal, contract, intake, and invoicing. Ditch your other subscriptions and switch to Bonsai to experience the advantage of our all-in-one coaching platform with a 7 day free trial!
3. Save Money
Using Bonsai, freelancers are paid on average 13 days faster and have 3 times fewer late payments.
4. Simplify Taxes
The average Bonsai user saves $5,600 on their tax bill when they use Bonsai Tax to automate the process of discovering hard to find tax write-offs that will put money back in your pocket!
Sign up for a free trial today and see how Bonsai can help you work smarter, not harder.