8.7
SpotScore
TimeStatement Review: Is It The Right Time Tracking Software For Your Team?
Best for SMB teams · Mid-market · Enterprise
Free Trial & Free Plan Available
Starts from $10 / User / Month when Billed Yearly, also offers free forever plan
Overview
Pricing
Features
Buyer feedback
Alternatives
Media
Security & Compliance
Support
FAQ
Blogs
What is TimeStatement?
TimeStatement is a time tracking and invoicing tool for freelancers and small service businesses that need to log billable hours and generate client invoices from the same interface. It streamlines the cycle from time entry to invoice delivery, reducing manual work for solo operators and small teams. The platform is built for simplicity rather than breadth — teams needing advanced project management or payroll features should look elsewhere.
Pricing
Starts from $10 / User / Month when Billed Yearly
Free Trial available
Best For
Suited for small teams, SMBs, and enterprise
Security & Compliance
Data residency:🇺🇸
Platform
Web + mobile app (iOS & Android)
TimeStatement Software Demo
TimeStatement was reviewed internally using user feedback, in-house testing, and market research to assess its performance, reliability, and user experience. Learn how we review products and our evaluation process.
Who should consider TimeStatement
- Team types
- Freelancers / Consultants, Large Enterprises
Why teams choose TimeStatement
User-friendly design enhances productivity.
Integrates billing seamlessly for client invoicing.
Offers a comprehensive solution in one interface.
Is TimeStatement right for you?
What buyers should know before shortlisting TimeStatement
TimeStatement provides a straightforward approach to time tracking and client billing, making it suitable for freelancers and small businesses. Its user-friendly interface simplifies time management tasks.
TimeStatement pros and cons
- TimeStatement pros
User-friendly design enhances productivity.
Integrates billing seamlessly for client invoicing.
Offers a comprehensive solution in one interface.
- TimeStatement cons
Customization options may be limited.
Performance issues with larger datasets.
Ready to try it?
Get started with TimeStatement
Start your free trial — no credit card required.
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See how it stacks up
Compare TimeStatement side-by-side with top Time Tracking Software alternatives.
What is the pricing of TimeStatement?
TimeStatement Pricing Plans
Free
Hosted in Switzerland
1 user
2 projects
200 MB of storage
Invoice as PDF
Standard
Hosted in Switzerland, other locations available on request
Unlimited users
Unlimited projects
2 GB of storage per user
Template/Layout modification
Show more +
Self-Hosted
Self-Hosted
Unlimited users
Unlimited projects
Unlimited storage
Template/Layout modification
Show more +
Weighing your options?
Not sure if TimeStatement fits your budget?
TimeStatement reviews and ratings
Buyer sentiment
Buyer sentiment is very strong across 6 reviews, with consistently positive feedback.
What buyers like
- Intuitive user interface
- Client billing integration
- Comprehensive time management
Common complaints
- Limited customization features
- No offline access
- Basic project management tools
Are you using TimeStatement?
- See if TimeStatement fits your business
- Real pricing — no sales pressure
- A demo or quick answers, your call
Step 1 of 4
How big is your team?
We tailor recommendations to companies your size.
What are the features of TimeStatement?
Apps that track your work and prepare timesheets for you are called automatic time capturing apps. They figure out what you do in a day usin…
The hours you spend doing tasks for a specific project are referred to as billable hours. On the other hand, you'll mark non-billable hours…
An invoice and a bill are documents that convey the same information about the amount owing for the sale of goods or services. Still, a comp…
A database of employees comprises vital information such as each employee's personal information and company-related information such as the…
The method of capturing working time with mobile devices is known as mobile time tracking. Employees can use a dedicated smartphone app to c…
A multiple billing rate is a temporary indirect cost rate that applies to a specific period and is used for funding, interim reimbursement,…
When an employee is working without access to the internet, offline time tracking software is used to keep track of their time at work, prod…
Overtime is defined as time performed in excess of a worker's regular contracted hours. For example, if an employee is scheduled to work 8 h…
A timesheet is a physical or electronic tool that allows you to track and record your working hours. As an employer, this means you'll be ab…
TimeStatement security and data handling
Key compliance certifications and security features for IT and security teams evaluating TimeStatement.
Certifications
Developer & data
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Frequently Asked Questions About TimeStatement
Common questions buyers ask before choosing TimeStatement.
TimeStatement is a Time Tracking Software. TimeStatement offers Timesheet Management, Overtime Calculation, Offline Time Tracking, Multiple Billing Rates, Mobile Time Tracking and many more functionalities.
Buyers commonly note the following limitations of TimeStatement: Customization options may be limited.; Performance issues with larger datasets.; No offline capabilities could hinder access..
Some top alternatives to TimeStatement includes Homebase, Timely, My Hours, Hubstaff and Time Tracker by eBillity.
TimeStatement offers Free Trial, Freemium, Subscription, Quotation Based pricing models
The starting price of TimeStatement is $10/User/Month when Billed Yearly
Free buyer scorecard
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A weighted time tracking software scorecard to assess TimeStatement objectively and compare it against the alternatives.
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About the reviewer
Rajat Gupta is the founder of Spotsaas. Over the past two years, he has reviewed 2,000+ tools across CRM, HR, AI, and finance — applying hands-on product research and a background in commerce and the CFA program to evaluate software through a business and ROI lens. His goal: help teams make software decisions they won't regret.
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Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].