12 Best Project Cost Management Software to Stay on Track in 2025

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 As a project manager, have you ever faced any of these situations? 

  • Inaccurate project budget estimates, with small errors adding to the overall budget
  • Watching the expenses creep over your projected total budget
  • Overspending on certain resources and struggling to find additional funds

If the answer is yes, it’s time to find project budget software to suit your needs. 

Your project cost management software must help you figure out how to manage budgets in good times—and during stressful times. You need a solution that helps you correct course when you face unforeseen expenses and cost overruns. 

Well, the good news is that we have you covered. We’ve researched what to look for in budget management software, the top tools available today, and their features, limitations, and pricing. 

Let’s help you choose a clear winner. 

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Why Project Cost Management Software Has Become More Essential Now than Ever? 

Some of the top reasons that you need to invest in a project budget management tool include:

  • Rising material & labor costs: With inflation and global supply chain disruptions, project budgets are tighter and more volatile. Cost management software helps teams track expenses in real time, forecast overruns early, and adjust resource allocation before it’s too late
  • Remote & hybrid work models: Distributed teams mean financial tracking can’t rely on in-person updates or spreadsheets. Modern cost management tools centralize budgets, approvals, and change orders—ensuring transparency and alignment across time zones
  • Shorter project lifecycles & tighter deadlines: Companies are under pressure to deliver faster. Cost management software enables real-time financial snapshots and automated project reporting, helping project managers make faster, data-backed decisions to avoid delays and penalties
  • Increased project complexity: Cross-functional initiatives often involve multiple vendors, departments, and currencies. The right project budget software helps untangle this complexity by integrating with ERP, procurement, and accounting systems—ensuring consistent data and reducing costly manual errors
  • Demand for stakeholder accountability & ROI: Investors and executives want clear proof of value. Cost management tools provide dashboards, audit trails, and performance analytics that show exactly how every dollar is spent—building trust and justifying future investment
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Best Project Budget Software at a Glance

ToolKey FeaturesBest forPricing*
ClickUp– Custom dashboards and automations
– Budget templates & custom fields
– Built-in time tracking & cost formulas
– AI assistant and milestone tracking
Best for individuals to enterprise teams managing budgets, tasks, and timelines all in one platformFree plan available; Custom pricing for enterprises
Teamwork– Custom financial dashboards
– Time tracking, billables & workload management
– Workflow automation
– Client collaboration tools
Best for client service teams and agencies needing to track budgets, hours, and deliverablesFree trial available; Paid plans start at $10.99/user/month; Custom pricing for enterprises
Monday.com– Custom budget dashboards & automations
– Approval workflows
– Integrations with Excel & QuickBooks
– Visual task & spend tracking
Best for cross-functional teams and enterprises standardizing workflows and cost trackingFree plan available; Paid plans start at $12/seat/month; Custom pricing for enterprises
Productive– Time tracking, budgeting & invoicing
– Forecasting & profitability analysis
– Centralized dashboards & collaboration
Best for growing agencies and service teams managing budgets and client profitabilityFree 14-day trial; Paid plans start at $11/user/month
Adobe Workfront– End-to-end project cost tracking
– Budget forecasting & actuals view
– Adobe ecosystem integration
– Resource & compliance management
Best for large enterprise marketing/creative ops teams managing complex workflows and approvalsCustom pricing
Smartsheet– Centralized financial tracking dashboard
s- Budget tracking by currency/type
– Alerts, workflows & audit trails
– Spreadsheet-style UI
Best for mid-sized to enterprise teams familiar with spreadsheets and managing complex financial workflowsFree trial available; Paid plans start at $12/user/month; Custom pricing for enterprises
Harvest– Real-time budget vs. actuals tracking
– Invoice automation
– Visual reporting & utilization insights
– Mobile-friendly time tracking
Best for freelancers and small teams tracking billable hours and project budgetsFree plan available; Paid plans start at $13.75/user/month
Zoho Projects– Budget tracking and threshold alerts
– Income/expense dashboards
– Milestone and task-level costing
– Real-time reports
Best for budget-conscious small to mid-sized teams needing simple, integrated project financialsFree plan available; Paid plans start at $4/user/month
Hubstaff– Project-level budget limits & alerts
– Automated time & payroll tracking
– Cost per project/user reports
– Remote workforce insights
Best for remote/hybrid teams needing granular time, budget, and productivity trackingFree 14-day trial; Paid plans start at $7/user/month
Wrike– Default hourly rates & budget automation
– Resource planning- 400+ integrations
– Advanced analytics
Best for mid-sized to large teams managing multi-departmental projects and cost plansFree plan available; Paid plans start at $10/user/month; Custom pricing for enterprises
Birdview PSA– Centralized dashboards
– Budget planning via AI assistant
– Client collaboration portals
– Power BI integration
Best for mid-sized to large service orgs balancing client budgets, resources, and profitabilityPaid plans start at $9/user/month; Custom pricing for enterprises
QuickBooks– Profit tracking per project
– Expense assignment & invoicing
– Recurring billing & tax compliance
– Real-time financial reporting
Best for freelancers and small businesses needing detailed financial oversight and reportingCustom pricing based on modules and user count
*Please check the tool website for the latest pricinf
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The 12 Best Project Cost Management Software to Use

1. ClickUp 

For project managers who want to keep budgets in check and costs under control, even across complex, multi-team initiatives, ClickUp is a great bet. While it may not be an accounting platform, as the evrything app for work, it offers a suite of features that make it easy to track financials, forecast resources, and flag budget risks early.

Get a high-level overview of your project’s budget while managing tasks using ClickUp’s Budgeted Project Management Template

Start with the ClickUp Budgeted Project Management Template, which lets you set up cost estimates, actuals, and variances right inside your workspace. You can customize fields for billable rates, vendor costs, and phase-specific budgets—then view it all in a Table view or a custom ClickUp Dashboard for real-time visibility.

Set up ClickUp Automations with AI and natural language commands to alert stakeholders when a budget threshold is crossed or when costs exceed forecasts.

Add money Custom Fields in ClickUp to track project costs, revenues, and profitability

Even without using budget templates, you can add Custom Fields in ClickUp like “Estimated Budget,” “Actual Spend,” and “Cost Variance” to any ClickUp Task to track financial progress down to the detail.

For time-based costing, ClickUp’s Native Time Tracking and Time Estimates help you log hours against tasks and compare those with projected effort and build detailed Timesheets. You can also integrate tools like Harvest or Everhour if you need deeper time-based billing data.

ClickUp also supports Milestones and Task Dependencies, helping you tie budget checkpoints to critical deliverables and keep an eye on resource-heavy phases in task management.

💡 Pro Tip: ClickUp’s detailed Work Breakdown Structure (WBS) template allows you to break down complex projects into more manageable components and supports in mapping out activities in the form of Kanban boards and cost estimates.

⏩ AI CapabilityClickUp AI offers an integrated suite of context-aware AI tools, including the AI Knowledge Manager for instant answers from tasks and docs, the AI Project Manager for automating updates and stand-ups, and the AI Writer for Work to assist in content creation and editing across various roles. You also get access to Autopilot Agents for handling repetitive tasks such as posting answers in chat channels, compiling daily and monthly activity reports, and more.

Best for

Teams of all sizes, from solopreneurs to enterprise

Ideal use case

Perfect for cross-functional teams managing tasks, docs, sprints, and budgets in one tool

Best features

  • Track real-time progress for budget allocation and spending with the fully customizable finance dashboards for finance teams
  • Automate recurring actions on a daily or biweekly basis, such as reminders for upcoming payments or billing project resources with ClickUp Tasks
  • Perform calculations between numeric, date, and time fields using simple or advanced Formula fields

Pros

We use ClickUp’s Start and Due Dates to plan all our tasks — this keeps everything clean and works perfectly with Calendar and Workload Views. Everyone knows what they’re working on and when, and we can see team capacity at a glance, which helps avoid overbooking and burnout…ClickUp’s time tracking is another bonus — we track hours against tasks to keep budgets on point, and it gives us real data to refine future project scopes.

G2 review
  • Flexible project scheduling with Start/Due Dates
  • Clear workload visibility across the team
  • Smooth project handovers
  • Built-in time-tracking for budget control

Cons

While it’s awesome to have so many tools at your disposal, it can be a bit much for those who prefer a simpler, more straightforward approach. Also, when you’re juggling a ton of tasks, ClickUp can start to lag, something that I think has gotten a lot better since ClickUp 3.0 but I’m not sure.

G2 review
  • The interface can be overwhelming for new users
  • Users may experience some lag when handling multiple tasks at once

Pricing

free forever
Best for personal use
Free Free
Key Features:
100MB Storage
Unlimited Tasks
Unlimited Free Plan Members
unlimited
Best for small teams
$7 $10
per user per month
Everything in Free Forever plus:
Unlimited Storage
Unlimited Integrations
Unlimited Dashboards
business
Best for mid-sized teams
$12 $19
per user per month
Everything in Unlimited, plus:
Google SSO
Unlimited Teams
Custom Exporting
enterprise
Best for many large teams
Get a custom demo and see how ClickUp aligns with your goals.
Everything in Business, plus:
White Labeling
Advanced Permissions
Conditional Logic in Forms
* Prices when billed annually
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Ratings and reviews

  • G2: 4.7/5 (10,200+ reviews)
  • Capterra: 4.6/5 (4,400+ reviews)

2. Teamwork

If you’re looking for simple project management software to monitor project costs and budget, Teamwork should be your pick. Teamwork goes the extra mile with its reporting dashboard. You can build tailored dashboards to track metrics related to project finances, workloads, and much more.

AI Capability: Teamwork’s AI Assistant, powered by ChatGPT, aids in drafting and refining content within the platform. It can brainstorm ideas for budget management, generate project summaries, simplify complex text, and perform grammar checks directly in text editors.

Best for

Client service teams and marketing agencies with mall to mid-sized teams (10–200)

Ideal use case

Ideal for agencies managing billable hours, client deliverables, and profitability in one place

Best features

  • Manage resources and workloads efficiently
  • Track time using a time tracker for invoicing, expense handling, budget management, and calculating billables
  • Organize tasks and subtasks using fields, tags, and versions
  • Collaborate with stakeholders through comments, messages, documents, and proofs
  • Set up workflow automation and create projects from templates 

Pros

  • Advanced portfolio management features that allow for simultaneous resource allocation and priority management specific to design workflows
  • Automated billable calculation
  • Automated dependency management

Cons

It’s hard to organize tasks by category and sub category, and tracking changes or updates on a task is much harder than in other tools, making Teamwork messy for project management.

Capterra review
  • Some users find it hard to organize projects intuitively and make changes to tasks
  • The mobile app functionality is limited

Pricing

  • Free trial available
  • Deliver: $10.99/month per user
  • Grow: $19.99/month per user
  • Scale: $54.99/mpmth per user
  • Enterprise: Custom pricing

Ratings and reviews

  • G2: 4.4/5.0 (‎1,170+ reviews)
  • Capterra: 4.5/5.0 (900+ reviews)

3. Monday.com

Monday.com is a work operating system that helps teams plan, track, and manage any workflow—including project budgets. With its customizable boards, teams can build budget trackers, cost forecasting dashboards, and approval workflows tailored to their needs. It’s especially popular for its ease of use, visual dashboards, and flexible templates.

AI Capability: Monday.com integrates AI through features like AI Automation Blocks for summarizing, improving, translating, and detecting sentiment in text. It also offers AI Templates and a Digital Workforce of AI agents to automate tasks such as ticket resolution and resource scheduling

Best for

Cross-functional teams and enterprises with 10–1,000+ users

Ideal use case

Great for enterprise companies standardizing workflows and automating approvals with built-in cost tracking

Best features

  • Customize boards to track budgets, costs, and approvals
  • Visualize burn rates and project spend with dashboards
  • Automate repetitive cost-tracking and approval workflows
  • Collaborate in real time with finance and project teams
  • Integrate with Excel, QuickBooks, and more for financial accuracy

Pros

It helps me and my team stay organized, prioritize tasks, and track progress in real time. I also like how customizable the boards and automations are, which makes it easy to adapt the system to our workflow.

G2 review
  • Highly customizable for different workflows
  • Supports both project and financial tracking in one place
  • Strong automation and reporting capabilities

Cons

  • Budget features are not pre-built—require customization
  • May become complex with too many boards or automations
  • Advanced features locked behind higher-tier plans

Some features are only available on higher-tier plans, which can be limiting for smaller teams. The mobile app sometimes feels less responsive. Also, while the platform is generally easy to use, reaching customer support can occasionally take longer than expected when dealing with more technical questions.

G2 review

Pricing

  • Free
  • Basic: $12/seat/month
  • Standard: $12/seat/month
  • Pro: $12/seat/month
  • Enterprise: Custom pricing

Ratings and reviews

  • G2: 4.7/5.0 (13,000+ reviews)
  • Capterra: 4.6/5.0 (5,400+ reviews)

4. Productive

Productive is an all-in-one agency management platform built for professional service firms, especially digital and creative agencies. It combines project management with time tracking, budgeting, invoicing, and profitability tracking—all under one roof. Productive gives teams detailed insights into where time and money are spent, helping improve operational efficiency and financial performance.

Best for

Growing agencies and service-based teams of 10–200 people

Ideal use case

Perfect for project-based agencies tracking time, budgets, and profitability across multiple clients and projects

Best features

  • Manage project budgets smoothly across teams and clients
  • Track billable hours and utilization rates with ease
  • Forecast revenue and profitability based on active and planned work
  • Automate quotes, invoices, and financial reports
  • Centralize time tracking, budgeting, and collaboration

Pros

  • Built specifically for service-based companies
  • Combines financial data tracking and project management in one tool
  • Helps optimize team utilization and reduce resource waste
  • Insightful real-time reports and dashboards

From an initial quote/budget, through the life of a project and into invoicing, the tight integration of relevant data makes errors far less likely. Being able to see all of our resourcing and utilisation (did I mention you can pull a report for just about anything?) all in one dashboard is really useful.

G2 review

Cons

  • Might be overkill for simple internal project tracking
  • The interface has a learning curve for new users
  • Time reporting always uses current day as default

TIme reporting, it always assumes current day as default. My suggestion is: If there’s time report missing for previous days, use the oldest missing day as default.

Capterra review

Pricing

  • Free 14-day trial
  • Essential: $11/user/month
  • Professional: $28/user/month
  • Ultimate: $39/user/month

Ratings and reviews

  • G2: 4.7/5.0 (60+ reviews)
  • Capterra: 4.6/5.0 (90+ reviews)

📮ClickUp Insight: Low-performing teams are 4 times more likely to juggle 15+ tools, while high-performing teams maintain efficiency by limiting their toolkit to 9 or fewer platforms. But how about using one platform? 

As the everything app for work, ClickUp brings your tasks, projects, docs, wikis, chat, and calls under a single platform, complete with AI-powered workflows. Ready to work smarter? ClickUp works for every team, makes work visible, and allows you to focus on what matters while AI handles the rest.

5. Adobe Workfront

A collaborative project management platform, Adobe’s Workfront, helps manage budgets, plans, and actual spending. The native capabilities let everyone involved in the budgeting process, from stakeholders, internal teams, vendors, and network teams, manage and track hard and soft costs, fixed cost, project expenses, and resource costs.  

AI Capability: Adobe Workfront’s AI Assistant streamlines workflows by summarizing tasks and documents, retrieving in-app instructions, and helping build or validate formulas—all through natural language prompts.

Best for

Enterprise-level marketing and creative operations involving 200+ users in large organizations

Ideal use case

Great for enterprises needing end-to-end work management with structured workflows, compliance, and approvals

Best features

  • Get real-time visibility of the planned, forecasted, and actual budget, with a view of current performance in an easily accessible dashboard 
  • Manage and track planned costs, task levels, and resource expenses 
  • Integrate easily with the Adobe suite of products to connect project teams to other parts of the business, and also attribute revenue impact effectively 

Pros

It provides an integrated shared platform, which helps users view and edit Outlook and team files through a single platform. It’s easy to use and also user-friendly. Although it does not have a free plan, I recommend people buy it as it’s totally worth the cost.

Capterra review
  • The ability to track an entire project and collaborate on documents in one accessible platform
  • Deep customization
  • Advanced keyword search across projects

Cons

  • The software requires users to be trained before they can use it
  • No free trial version and prohibitive costs for some users
  • Some users report a lack of dynamic images in project reports

As we expanded and sought to do more robust reporting, there was resistance to using what was generated, or could be screen-captured from Workfront…Having more dynamic imagery in the project report-outs would have been of benefit.

Capterra review

Pricing

  • Custom pricing

Ratings and reviews

  •  G2: 4.1/5 (1,000+ reviews)
  •  Capterra: 4.4/5 (1,500+ reviews)

6. Smartsheet

Smartsheet removes the guesswork from project budgeting. It brings the C-suite and project teams on the same page for planning, tracking, data storage, file sharing, and reporting of project tasks. It offers a central repository that hosts all budget components, generates invoices, and allows stakeholders, accountants, and project managers to track budgets diligently and take corrective action when needed. 

AI Capability: Smartsheet’s AI tools enable users to generate complex formulas by simply describing desired calculations in plain language, eliminating the need to learn intricate syntax. Additionally, the platform offers AI-driven text and summary features that can craft ad copy, perform sentiment analysis, translate content, and summarize task statuses directly within your sheets.

Best for

Mid-sized to enterprise teams (50–500+) familiar with spreadsheets and managing complex projects

Ideal use case

Ideal for operations, PMOs, and IT teams managing projects via grid-like views and automations

Best features

  • Access budget management software for creating and tracking budgets by currency, expense type, or unit of currency
  • Centralize supporting documents like vendor bids in one location 
  • Consolidate key financial metrics on real-time dashboards from multiple sheets into a single view

Pros

  • Real-time visibility into budget allocations
  • Automated alerts and built-in audit trails
  • Logical graphical user interface (GUI) that offers a clear and organized view of tasks, timelines, and dependencies
  • Eliminates manual busywork associated with maintaining and updating Excel/Google sheets-reliant processes

Smartsheet has streamlined our finance operations by replacing manual, excel / google sheet reliant processes with automated, collaborative workflows – eliminating 1000s of mails. From managing approval workflows to tracking budget allocations and monthly reporting, it offers real-time visibility that traditional tools lack

The ability to set up automated alerts, conditional logic, and dashboards ensures timely follow-ups and accountability. With built-in audit trails it’s easier to maintain compliance and fulfill audit compliance

G2 review

Cons

  • Lacks extended and advanced Excel functions such as VBA coding, pivot tables, macros, so not a complete Excel replacement
  • Some users find it challenging to configure the tool to make full use of it
  • Limited integrations

Despite having many of the features of Excel, it does not have capabilities such as tabs or pivot tables within a single document. You often have to stitch multiple documents together to manipulate data which can be tricky and a hassle. I would also like it to integrate better with other products.

Capterra review

Pricing

  •  Free trial available
  •  Pro: $12/user/month
  •  Business: $24user/month
  •  Enterprise: Custom pricing
  • Advanced Work Management: Custom pricing

Ratings and reviews

  •  G2: 4.4/5 (19,600+ reviews)
  •  Capterra: 4.5/5 (3,400+ reviews)

7. Harvest

Expense management information is critical for accurately budget-proofing future projects. Harvest’s project management software for small businesses makes creating a tracker for project hours and fees easy. Get visibility into the project budget used and leftover in real time to avoid scope creep. Harvest also provides custom reports to view the tasks that take up your team’s time and how they impact the estimated costs to take corrective actions. 

Best for

Freelancers and small teams of 1-20 people

Ideal use case

Ideal for tracking time, invoicing clients, and monitoring project budgets in service-based businesses

Best features

  • Turn timesheet data into real-time visual reports to visualize team efficiency, reduce burnout, and improve productivity 
  • Track billable work hours, rollovers, and utilization at a glance and convert billable hours into invoices
  • Integrate with popular tools such as Trello, Slack, QuickBooks, and Stitch to get up-to-date data for project management and budget teams

Pros

I love the way it shows your invoices, and tallys up your numbers for the month, year or set to custom. It’s very simple to use and I’ve been using it for years alongside my business to track time and do my invoicing

Capterra review
  • Simple and intuitive to use
  • Real-time sync between the phone app and desktop/web versions
  • Allows automatic recurring/retainer invoices

Cons

  • Inability to change work week settings
  • Lack of customization
  • Lack of a bulk download for invoices

I would like an easier download process for invoices (at the end of the month), so that I could download invoices all together, or from the invoice list, to click a download button and it just does it. I currently have to go into each invoice to download it separately.

Capterra review

Pricing 

  • Free
  • Pro: $13.75 user/month
  • Premium: $17.50/user/month

Ratings and reviews

  •  G2: 4.3/5 (800+ reviews)
  •  Capterra: 4.6/5 (630+ reviews)

🧠 Fun Fact: Time is money—literally. The average employee spends 30+ minutes a day searching for information, ClickUp discovered. With ClickUp’s all-in-one workspace, Connected Search, and AI Knowledge Manager, you can reduce that dramatically and reallocate that time to billable work!

8. Zoho Projects

Project managers control finances by creating, tracking, and forecasting budgets, tracking expenses, and analyzing reports. Managing all these tasks on different tools that do not sync with each other makes the monitoring process cumbersome for everyone involved in the project.

Zoho Projects allows you to create a profitability summary dashboard with the status of income and expenses in your project. This project management software offers real-time monitoring capabilities for budgets, threshold and overrun alerts, and planned vs. actual reports. 

AI Capability: Zoho Projects incorporates Zia, an AI assistant that provides generative AI features like content creation, tone adjustment, and summarization. It also offers NLP search, AI-driven data insights, and translation capabilities to enhance project management.

Best for

Budget-conscious small to mid-sized teams of 5-100 users

Ideal use case

Ideal for tracking time, invoicing clients, and monitoring project budgets in service-based businesses

Best features

  • Manage finances by creating, tracking, and forecasting budgets, billing clients, tracking  fixed and variable expenses, and analyzing reports
  • Track your project budget based on the amount allocated or actual hours spent on projects, milestones, and different tasks over customized project dashboards   
  • Customize alerts for stakeholders when the budget exceeds the planned threshold

Pros

  • Capabilities for online budgeting, business planning, and monitoring
  • Expense and activity tracking
  • Instant messaging, comments, and file-sharing for team collaboration

The real-time collaboration features, including comments, chat, and file sharing, are very useful for team communication.

Capterra review

Cons

  • No mobile application 
  • Learning curve for users new to the Zoho ecosystem

One downside is the learning curve for new users unfamiliar with the Zoho ecosystem. Some of the advanced customization features could be more user-friendly…With some improvements to user-friendliness and mobile app functionality, it could become even more powerful.

Capterra review

Pricing

  • Free
  • Premium: $4/user/month
  • Enterprise: $9/user/month

Ratings and reviews

  •   G2: 4.3/5 (470+ reviews)
  •   Capterra: 4.5/5 (810+ reviews)

9. Hubstaff

In large organizations, where a team typically works on multiple projects, you must set budget thresholds for each project and receive alerts in case of overspending. Hubstaff‘s workforce management app allows users to set budget limits, get real-time notifications for scope creep and cost overruns, and automate time-tracking for maximizing resources. With real-time insights into the expenses, you can ensure you stay on track.

Best for

Small to mid-sized remote or hybrid teams of 5-200 users

Ideal use case

Ideal for remote teams that need granular time tracking, productivity monitoring, and payroll features

Best features

  • Estimate planned costs based on resource management or the number of hours spent on a project 
  • With the project-level budgets feature, track the profitability of your projects and understand the cost per project and user
  • The project budgets report simplifies budget tracking(in terms of total hours or total actual cost per project) and utilization 

Pros

  • Enforces accountability without micromanagement
  • Automates payments
  • Simplifies time-tracking for keeping everything within budget

It makes time tracking super easy, so you can see exactly how much time is spent on projects and tasks, which helps keep everything on budget. Plus, it takes care of payroll and scheduling, saving managers a lot of hassle.

G2 review

Cons

  • Automatic syncing with integrated tools can be glitchy on occasion
  • Lack of customization for budget-setting
  • Can be intrusive with screenshot features for monitoring employee productivity

While it’s rare, HubStaff occasionally doesn’t sync completely with ClickUp, and you have to sync it manually. Also, I wish we could set different budgets per month for our projects vs a singular monthly budget

G2 review

Pricing

  • Free 14-day trial
  • Starter: $7 per user per month
  • Grow: $9 per user per month
  • Team: $12 per user per month
  • Enterprise: $25 per user per month

Ratings and reviews

  • G2: 4.3/5 (1,400+ reviews)
  • Capterra: 4.6/5 (1,500+ reviews)

10. Wrike

Wrike’s project management software helps small and medium businesses, startups, and large enterprises manage budget variance and create a budget plan. When actual costs vary from those planned, it helps busy project managers investigate the reasons for the variance and manage the budget effectively by reallocating resources or implementing cost-saving measures. 

AI Capability: Wrike’s Work Intelligence® suite leverages AI to automate workflows, predict project risks, and transform notes into actionable tasks, enhancing overall productivity. Its generative AI capabilities assist in creating and editing content, summarizing discussions, and enabling voice-command task management on mobile devices.

Best for

Cross-functional mid-sized and enterprise teams (50–1000+ people)

Ideal use case

Ideal for large teams managing complex, multi-departmental projects with budget and resource tracking

Best features 

  • Customize the budget with preferred currency settings and set default hourly rates for budget planning 
  • Wrike automates task assignment and distributes resources to ensure budgets are met
  • Integrations with 400+ applications, such as Salesforce, Hubspot, Bynder, Zoom, and Slack, to run advanced analytics

Pros

  • Highly flexible, customizable architecture
  • Task planning and automations to fast-track routine tasks
  • A mobile app to manage projects and resources on the go

Wrike has a flexible architecture that made it easy for us to customize it to fit our needs…Wrike allows us to use automations to perform our routine tasks with lesser time and work input.

Capterra review

Cons

  • Can feel slow when tackling large, complex projects
  • Advanced features and add-ons can get expensive

Performance Can Lag with Large Projects: When managing very large or complex projects, Wrike can occasionally feel a bit slow or unresponsive.

Pricing Can Be High for Small Teams: The full-featured plans are quite powerful, but they can be costly for smaller teams or startups on a tight budget.

G2 review

Pricing

  • Free
  • Team: $10 per user per month
  • Business: $25 per user per month
  • Enterprise: Custom pricing
  • Pinnacle: Custom pricing

Ratings and reviews

  • G2: 4.2/5 (4,400+ reviews)
  • Capterra: 4.4/5 (2,800+ reviews)

11. Birdview PSA

As a project manager at a professional service organization (PSO), your criteria for measuring project success are based on completion and delivery to clients. What if you delivered the project to the client before the proposed delivery date, but it was over budget by 15%? Would you consider it a win?

As per Harvard Business Review research, one in every six projects has an average cost overrun of 200% and schedule overrun of 70%. 

Birdview PSA helps PSOs avoid becoming part of that statistic by giving you real-time visibility into budgets, resources, and timelines—all in one place. From planning to billing, it equips your team with the insights you need to make smart decisions before small issues become costly mistakes.

AI Capability: Birdview PSA’s AI Assistant enhances project management by generating comprehensive plans from project titles, forecasting timelines using machine learning, and matching tasks with suitable team members based on skills and availability. It also streamlines communication by assisting in drafting, summarizing, and refining messages with context-aware suggestions.

Best for

Mid-sized to large service organizations (50–500)

Ideal use case

Great for professional service delivery teams balancing client work, time tracking, resource planning, and profitability

Best features

  • Centralize document management to get numbers, timesheets, or project scoping data to create the budget 
  • Get all the project communications and collaboration on one platform, and invite clients to collaborate with a guest portal
  • Speed up project management, resource allocation, and forecasting for effective budget planning using Birdview’s AI assistant

Pros

  • Fluid timesheet creation
  • Simple and effective search functionality
  • Solid Power BI integration

Beautiful UI, intuitive in use, simple to find what you need – searching engine is working really great! Easy task planning and resources chasing, great reporting engine and Power BI connectors.

Capterra review

Cons

  • Progress reporting can be glitchy for tasks
  • The date filter can crash occasionally, causing users to lose the dates added to projects

Sometimes displays incorrect progress towards task completion. You are still able to view actuals, but seems like a bug that occurs on occassion (i.e., budget 20 hours, completed 15 but shows 10 to go).

G2 review

Pricing

  • Lite: $9 per user per month
  • Team: $24 per user per month
  • Enterprise: custom pricing

Ratings and reviews

  • G2: 4.2/5 (400+ reviews)
  • Capterra: 4.4/5 (420+ reviews)

12. QuickBooks

QuickBooks by Intuit is one of the most well-known accounting tools, used by small businesses and enterprises alike to track income, expenses, invoices, and taxes. The tool includes project profitability tracking, allowing you to assign expenses and time to projects and generate cost and profit reports. It’s not a traditional project management tool, but it excels in financial oversight and cost tracking for service-based projects.

AI Capability: QuickBooks’ Intuit Assist automates accounting tasks by generating invoices and expense records from notes, emails, and photos, and by sending personalized invoice reminders that help users get paid five days faster on average. It also identifies potential cash flow issues and suggests optimal payment methods to enhance financial management.

Best for

Small businesses with teams of 1–20, and service-based freelancers

Ideal use case

Perfect for small teams needing detailed financial oversight and client billing for project-based work

Best features

  • Track project profitability down to the dollar
  • Assign billable hours and expenses to specific clients or projects
  • Generate real-time financial reports and dashboards
  • Automate recurring invoices and payments
  • Sync bank accounts to simplify expense tracking

Pros

  • Automates invoicing, expense tracking, and bank reconciliation
  • Easy to manage client billing and invoicing
  • Great for freelancers or service-based businesses
  • Includes strong tax and compliance tools

The automated features like invoicing, expense tracking, and bank reconciliation save a lot of time and reduce the chance of erros. Additionally, the integration with other financial tools and apps streamlines our workflow, making it more efficient

G2 review

Cons

  • Steep learning curve for non-accountants
  • Can get pricey with advanced features or multiple users
  • Users report added complexity in usage due to updates

The thing I like least about Quickbooks Online is a necessary evil, unfortunately…the updates. I get in my routine and rhythm when entering information in the system, but I find that a lot of the updates, which I know are necessary for an ever changing technology, tend to add steps to my process and can slow me down and take time to get used to

Capterra review

Pricing

  • Custom pricing based on team size and use case/module

Ratings and reviews

  • G2: 4.0/5 (3,400+ reviews)
  • Capterra: 4.3/5 (8,000+ reviews)
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