Clockodo Alternative for European Teams
Time tracking, project timesheets, expenses, absences, and invoicing in TimeStatement
Clockodo is a known tool for time tracking. TimeStatement is the Clockodo alternative for teams that want tracked time to flow directly into projects, client work, expenses, absences, reports, and professional invoices.
TimeStatement vs Clockodo
 |
 |
|
|---|---|---|
| Price per user | from EUR 3.50 per month | from EUR 4 per month |
| Project time tracking | ✓ | ✓ |
| Work time tracking | ✓ | ✓ |
| Absence management | ✓ | ✓ |
| Expense tracking | ✓ | - |
| Native invoicing from tracked services | ✓ | - |
| Custom invoice design | ✓ | - |
| Multiple invoice templates | ✓ | - |
| Multi-client capable | ✓ | - |
| European business focus | ✓ | ✓ |
| Badge or fingerprint terminal | ✓ | - |
Why choose TimeStatement as a Clockodo alternative?
When is it worth switching from Clockodo?
Clockodo is a solid German time tracking solution. TimeStatement is a better fit when project time tracking, work time, absences, expenses, native invoicing, and European business workflows should run together in one system without relying on additional billing tools.
With TimeStatement, teams can manage project rates, budgets, work time, expenses, absences, and billing in one system instead of moving data between several tools.
Comparing several tools? You may also want to review our Clockify Alternative page.
Clockodo vs TimeStatement: time tracking or billing-ready project work?
Clockodo is a good fit for companies that want structured time tracking with a German product background. It covers many time recording needs, but billing usually depends on additional accounting or invoicing workflows.
TimeStatement is positioned differently: project time, expenses, absence data, rates, reports, and native invoicing are handled together. This is useful when the goal is not only to record time, but to turn approved work into professional client documents.
- Clockodo is attractive when German time tracking is the central requirement.
- TimeStatement is stronger when native invoicing, custom invoice design, expenses, and multi-client work are part of the same process.
- For Swiss and European service teams, TimeStatement reduces the dependency on separate tools between project tracking and billing.
How TimeStatement works
Set up clients, projects, and team members
Create customers, projects, tasks, rates, and billing rules. TimeStatement turns those settings into a reliable base for reporting and invoicing.
Track time, absences, and expenses
Your team tracks project time by browser, smartphone, stopwatch, or terminal. Absences and expenses can be assigned to the right client and project.
Report and invoice
Reports show billable hours, budgets, project progress, and expenses. Approved services can be turned into professional invoices in your own corporate design.
Comparison Notes
How was this comparison prepared?
This page compares TimeStatement with Clockodo from the perspective of our own product and the workflows we support. It is intended to help readers understand typical use cases, strengths, and differences between the solutions. Information about Clockodo is based on publicly available material, product research, and the information available to us in March 2026.
Software products change over time. Features, prices, integrations, and plan limits may be updated or may vary by subscription tier. Please treat this page as a practical orientation, not as a complete technical audit or legal assessment. All trademarks belong to their respective owners; TimeStatement is not affiliated with Clockodo unless explicitly stated.