Momenteo Review: Features, Pricing, & Alternatives

Momenteo is a complete invoicing and spending tracking software designed for small businesses and freelancers that aims to ease financial administration.

It supports automatic invoicing, expenditure monitoring, and multi-currency transactions, making it ideal for small and medium-sized businesses. 

However, compared to enterprise-level accounting solutions, it may lack some advanced features. Despite this, Momenteo stands out with a user-friendly UI and solid interfaces with common accounting software, increasing its attractiveness to consumers looking for efficiency and cost in their invoicing solutions. 

This evaluation goes through Momenteo’s core features and functions, noting both its strengths and areas where it may fall short of rivals. Keep reading to learn more!

SMB Guide’s Verdict for Momenteo

Based on our analysis, I’m giving Momenteo an overall score of 8.3 out of 10.

Here’s the detailed breakdown of the scoring for each factor:

Factor	Rating (out of 10)
Pricing & Plans	9.5
Feature Set & Customization Options	9
Automated Invoicing	9.5
Expense Tracking	8
Multi-Currency Support	9.5
User Interface and User Experience	8
Integrations and Compatibility	5
Customer Support	7
SMB Guide Rating	8.3

In this review of Momenteo, I’ve followed SMB Guide’s detailed criteria for evaluating invoicing software.

Momenteo is a flexible invoicing software designed for freelancers and small enterprises, noted for its user-friendly interface and feature set. It enables users to customize invoices with personalized notes, and custom fields, resulting in a professional appearance.

Momenteo also provides automation for regular bills, automatic reminders, around 162 multi-currency transactions, and detailed spending monitoring, making financial administration simple and efficient.

The platform’s user-friendly design streamlines the invoicing process, and provides comprehensive assistance via tutorials and a proactive customer care team, ensuring that customers can efficiently operate the program. 

Momenteo provides versatile and functional solutions for automating billing cycles, processing foreign transactions, and customizing invoices to match business identity.

It caters to a wide range of company demands and budgets, making it an excellent alternative for businesses wishing to streamline their invoicing operations while keeping a professional image.

Pricing & Plans

Momenteo’s features and limitations are distributed across 3 payment tiers. Users can sift through the options and features provided in each of the payment tiers before settling on a plan, and also choose to pay either monthly or yearly based on their expenses.

Also, the software provides a free trial for people to try the experience before upgrading to a costlier tier.

Free plan

The Free plan offers the basic functionalities of an online invoice generator and management software.

Price

• Free

Features

• Upto 2 active clients
• Offline payments
• Invoice with watermark
• Email support

Who it’s for: Freelancers and small businesses just starting out with invoicing

Start plan

This is the basic paid tier plan that offers some additional functionalities when compared to the free plan. 

Price

• $6.95 per month
• $5.45 per month (billed annually)

Features

All the features from the Free plan, plus:

• Upto 5 active clients
• Online payment
• Accountant access

Who it’s for: Small businesses who are starting out and need some additional features

Explore plan

This is the best-selling tier for Momenteo as it offers all the necessary features for business invoicing and tracking.

Price

• $10.45 per month
• $8.45 per month (billed annually)

Features

All the features from the Start plan, plus:

• Upto 10 active clients
• Payment reminders
• Time tracking
• Watermark removal

Who it’s for: Small to medium sized businesses with a growing client base

Plus plan

This is the final tier on Momenteo, and it offers the full suite of features the software has to provide.

Price

• $15.95 per month
• $12.95 per month (billed annually)

Features

All the features from the Explore plan, plus:

• Unlimited active clients

Who it’s for: Small to medium sized businesses with a huge clientele and a need for advanced tracking feature sets.

Feature Set & Customization Options

Momenteo excels in invoice customization, allowing customers to include company logos, modify typefaces, and add unique remarks.

This level of personalization enables firms to retain consistent branding and provide a professional image on their invoices.

The software’s straightforward design makes it simple to tweak these features, allowing customers to quickly and effectively produce bespoke invoices that represent their brand identity.

Momenteo also permits the insertion of custom fields, which is very useful for organizations with specific invoicing requirements. Users can include unique facts about their business operations, such as project codes, customer-specific remarks, or payment terms, to improve the clarity and comprehensiveness of each invoice. 

This flexibility not only increases billing accuracy, but it also allows for improved engagement with clients by ensuring that all relevant information is properly displayed. Momenteo’s customizable options make it a versatile tool for freelancers and small companies looking to improve their invoicing procedures.

Automated Invoicing

Momenteo’s automatic billing tool streamlines recurring invoicing, allowing customers to easily set up and manage payment schedules. The program accepts a variety of payment options, including credit cards, bank transfers, and PayPal, and sends automated reminders to clients ahead of due dates, lowering the chance of late payments.

Customizable invoice templates that include logos and extensive explanations add a professional touch.

The user-friendly interface simplifies the design of automated invoicing schedules, allowing users to construct templates for repeat clients and services. This eliminates the human labor necessary to manage invoicing, ensuring that bills are received on time.

Automated reminders and late payment alerts assist to maintain a consistent cash flow without frequent follow-up. Momenteo’s automated invoicing system is efficient and easy to use, making it especially useful for freelancers and small businesses with repeat customers.

These capabilities need minimum setup and provide a smooth experience once installed, assuring prompt and consistent payment. Its ability to expedite invoicing and handle recurring payments makes it useful for businesses of all sizes.

Expense Tracking

Momenteo’s expenditure tracking features are intended to assist customers in efficiently categorizing and managing spending. The program supports a variety of expenditure forms, including receipts, invoices, and bank statements, allowing users to easily register and manage spending.

Expenses may be readily linked into invoices, giving a complete picture of financial activities and assuring correct billing and reporting. Users may also create budgets and track costs against them, offering real-time financial data and assisting with smart budget management.

Users can also link receipts and documentation to their spending, making it easier to explain charges and verify accuracy. Each spending may be assigned to specific projects or clients, improving the accuracy of financial reporting and assisting users in keeping organized financial records.

This function is very helpful for tax preparation and creating thorough financial reports. Overall, Memento is great for creating thorough expense reports, allowing users to get useful insights into their spending habits and make educated financial decisions.

The ability to categorize costs improves the organizing and analysis of financial data, making budgeting and tracking easier. The mobile software allows users to track spending while on the road, guaranteeing that all receipts and costs are quickly accounted for.

Multi-Currency Support

Momenteo can invoice in several currencies, making it excellent for enterprises with international clientele. The software automatically translates currencies depending on current exchange rates, assuring correct billing and payments.

Users may choose multiple currencies for different clients or projects, and Momenteo manages the conversion process automatically, ensuring a smooth experience for worldwide transactions.

This feature is especially useful for freelancers and small companies operating in many countries since it streamlines the invoicing process and removes the need for manual currency changes.

Automatic currency changes guarantee that invoices reflect current market circumstances, which improves financial accuracy and transparency with clients. 

Users may get a thorough picture of transactions in multiple currencies, allowing them to make more educated financial decisions. This feature is critical for firms seeking to broaden their worldwide presence while maintaining uniform and accurate financial reporting across borders.

User Interface and User Experience

Momenteo has a clear and straightforward design that makes it simple for users to create, submit, and manage invoices. The layout is well-organized, with clearly accessible menus and tabs.

Users may personalize their dashboards with shortcuts and widgets to gain rapid access to commonly used functions, boosting productivity and user experience.

Featuring a contemporary design, the software includes clear labeling and an ordered structure, which reduces the learning curve for new users. Comprehensive tutorials and user manuals are provided to assist users get up and running fast.

The interface is meant to be simple and efficient, making it accessible to users of all skill levels. Bonus points for the customizable dashboard which allows users to create shortcuts for commonly used services, making daily work easier.

The program includes support tools, such as tutorials, to help novice users use the system.

Integrations and Compatibility

Despite its feature set and functionality, Momenteo currently does not integrate with any other applications. The application is available for access through all the browsers on Windows and Mac OS.

The browser interfaces are responsive, interactive, and easy to use. However, the program supports online payment channels via Stripe, a system that is trusted by the industry’s major players.

Stripe has been audited by a PCI-certified auditor and is accredited at the PCI Service Provider Level 1. This is the most demanding type of certification possible.

Customer Support

Momenteo provides priority support via a single channel only – email. But keep in mind that the provider also has an extensive knowledge library and a dedicated blog page.

The support crew responds quickly and effectively to requests and difficulties. Detailed documentation, tutorials, and user guides are available to help users get started and troubleshoot issues. You can also access the active user community from the application.

Customer service response times are typically swift, and agents are recognized for being friendly and efficient in addressing difficulties. The provision of extensive tutorials and user manuals helps users use the program, making it easier to realize its full potential. 

Although there is no specialized phone assistance, the existing methods are enough for most customers, as this application is more aimed towards freelancers and small businesses.

Momenteo — Unique Features

Here are some of the highlights about Momenteo in comparison to the other competitors.

Travel and mileage tracker

Momenteo provides a one-of-a-kind travel and mileage monitoring function to help consumers manage their expenses while on the road. Instead of relying on handwritten notes or scattered papers, Momenteo allows customers to easily manage their trip costs in just seconds.

The program estimates the distance traveled automatically based on the beginning and finishing addresses.

This function not only aids in precise expenditure reporting, but also allows for smooth invoicing to customers and simple expense classification.

Momenteo’s travel tool provides productivity without the burden of traditional techniques such as writing down kilometers on paper or utilizing numerous applications, whether billing clients or tracking company costs.

Climate friendly

Momenteo collaborated with Ecologi to promote environmental sustainability. Momenteo committed to planting a tree for every 250 invoices received yearly beginning in 2023.

This program seeks to benefit the environment by funding worldwide reforestation initiatives. Since the relationship began, more than 1,000 trees have been planted, demonstrating Momenteo’s commitment to environmental stewardship and the incorporation of eco-friendly methods into its corporate operations.

This project not only adheres to ecological ideals, but it also increases Momenteo’s attractiveness to environmentally concerned people looking for software solutions that value sustainability alongside functionality.

What the Experts Say About Momenteo

Momenteo has been getting rave reviews from sources like G2.com and Getapp.com. The software got a total of 4.4 out of 5 ratings based on 12 reviews from G2.com and a total of 4.6 out of 5, based on 34 reviews from Capterra respectively.

Here are some of the highlights.

Momenteo allows me to send invoices simply and schedule the following ones. The interface is very beautiful and user friendly. The browsing experience is very pleasant. The most important part for me: tracking expenses and income. Very simple again!

Jessica G., Management consultant – Verified Capterra review

I can easily get my tax and annual reports. Using the stopwatch to track my time worked and invoicing afterwards is made easier! The software is intuitive, simple, inexpensive and it’s also Quebecois. I refer to it whenever possible. In addition, tracking invoices and payments is very simple.

Jessica M., Virtual Legal Assistant – Verified Capterra review

Momenteo Alternatives

When considering alternatives to Momenteo, several options offer unique features and benefits that may better suit specific needs.

FreshBooks

FreshBooks is a web-based accounting software as a service platform that can be accessed via desktop or mobile device. This platform simplifies common accounting tasks like invoice production, payment acceptance, cost tracking, billable time monitoring, and financial reporting.

While Momenteo offers a choice of invoice templates, FreshBooks can be a better fit for your company if you require a solution that gives you greater freedom to personalize for your brand or style.

Try FreshBooks for free today

QuickBooks

QuickBooks is a comprehensive company and financial management suite that includes features for accounting, stock, payroll, filing taxes, invoicing, bank account tracking and reconciliation, cost management, budgeting, processing payments, and accounts receivable and payable management.

Compared to Momenteo, Quickbooks includes a more comprehensive accounting solution as part of its package. Quickbooks also allows you to have more freedom in integrating with multiple tools for a more personalized experience.

Start free trial of QuickBooks today

Invoicera

Invoicera is a comprehensive invoicing and project management tool that includes time tracking, team communication, and recurring billing. Invoicera, known for its adaptability and scalability, offers broad invoicing and project management services to organizations of all sizes.

It has powerful invoicing functionality and integrations with other business tools. It is intended for enterprises that require unique workflows and automation.

Start your free trial of Invoicera

Other options: Best Momenteo alternatives

Getting Started with Momenteo

Momenteo is a user-friendly invoicing and spending tracking software that simplifies financial administration for small enterprises and freelancers.

Momenteo saves time and streamlines financial operations by offering automatic invoicing, multi-currency compatibility, and an easy-to-use interface.

To get started with Momenteo, go to their website and join up for a free trial. Momenteo’s emphasis on usability and important financial capabilities makes it a good choice for freelancers and small businesses seeking to simplify operations without adding extra complexity.

Create your free account of Momenteo today!

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