As a freelancer, you know that time management is key to success. If you can’t keep track of your projects, clients and invoices, your business will quickly fall apart. Luckily, there are a ton of different tools out there to help you stay organized and on top of your game. In this article, we will compare three of the most popular freelance project management tools on the market.
Let’s take a closer look at Fiverr Workspace, Honeybook and Kosmo to see which one might be the best project management option for your business.
Fiverr Workspace vs Honeybook vs Kosmo Features Comparison
|Price||Free or $24/month||$39/month||Free or $9/month|
|Clients||1 Free, Unlimited (paid)||Unlimited (paid)||2 Free, Unlimited (paid)|
|Total Price Per Year||Free or $216||$390||👍 Free or $90|
Overall the three platforms offer many similar features. In the end, users are likely to make their decision based on personal preference and needed features. Kosmo for example offers completely custom contracts that can be signed online as well as invoices that allow you to add your own branding.
Kosmo’s platform is simple to use and intuitive, cutting down on onboarding time so freelancers can continue focusing on what they do best.
Following are a few screenshots showing what each platform looks like.
Invoice preview using Fiverr Workspace
Project preview using Honeybook
Custom Contract preview using Kosmo
What is the price difference between Fiverr Workspace, Honeybook and Kosmo?
Fiverr Workspace offers a basic free plan that allows you to manage 1 client, but to use all functions you’ll have to subscribe to their $24/month plan.
Honeybook does not have a free plan and only offers a single paid plan that you can subscribe to either monthly or annually. The plan costs $39/month. Additionally, they do not allow you to use your own PayPal or Stripe account and charge a processing fee of 3% on Card or 1.5% on ACH (bank transfer) transactions.
Kosmo’s free plan includes 2 clients, 2 projects, 1 invoice per month and more essential features. Plus, you don’t need to enter your credit card to get started. If your freelancing business grows you can upgrade to the unlimited plan for $9/month. Kosmo also allows you to add your own PayPal and Stripe account and does not charge any processing fees.
The yearly price difference when comparing all three platforms is significant. Fiverr has a limited free plan and runs at $216/year for the pro plan. Honeybook’s yearly price is $390. Kosmo offers a free plan as well as a $90/year pro plan.
Fiverr Workspace vs Honeybook vs Kosmo: The Final Verdict
Fiverr Workspace, Honeybook and Kosmo are all freelance project management platforms designed to help freelancers (and other businesses) optimize their operations. All three platforms offer similar features that differ on complexity and customization options. In the end it comes down to what the freelancer truly needs to run an efficient business.
If you work primarily with clients from Fiverr, then their Workspace could be an option. For some freelancers, being affiliated with Fiverr’s reputation of low budget jobs and of offering deals/gigs starting at $5 might be a turnoff. If you have more than one client you’ll need to subscribe to their $24/month plan (Fiverr’s pricing explained) which comes out to $216 annually and is comparatively on the higher end.
If you don’t work for a large agency and are looking for a clean uncluttered interface, beautiful branded invoices, customizable documents and a competitive price – Kosmo will work best for you. Also, you can use your own payment accounts like PayPal and Stripe. Kosmo does not charge any processing fees on those payments.
Honeybook has many features that are similar to what competitors are offering. However, it might be a turnoff for some, that you cannot connect your own PayPal or Stripe account. If you want to receive a credit card payment or bank transfer from your client, you will have to use them as a payment processor at their 3% processing fee for card and 1.5% for ACH payments. Total per year cost for Honeybook is $390, which might be on the higher side when compared to other platforms offering many of the same features.
🤖 Why should I sign up for Kosmo?
- Functional free plan with Clients, Projects, Time Tracking, Invoices and everything needed to get new and established freelancers going.
- Simple and easy to use platform.
- Beautiful invoices and proposals.
- Founder level support that cares about your business.
Get Organized & Win More Clients
Kosmo has everything you need to run your freelancing business.