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Information accurate as of March 2026. Features and pricing may change. Please refer to each vendor's official website for the most current information. Comparison based on publicly available documentation and product information.
Switching is easy
Move to Magnetic without the Headache
Our onboarding team handles your data migration. Projects, contacts, and historical data move over cleanly so your team is productive from day one.
Guided data migration from ClickUp
Dedicated onboarding specialist
Team training sessions included
Up and running in weeks, not months
2 week
Average Setup
Typical setup takes 2-3 weeks, but we've had firms up and running in 1 week too.
100%
Data Migrated
We'll help you migrate data from your current systems
1:1
Onboarding Support
Dedicated onboarding teams ensure you're setup matches the way you work
Monthly
Free Training
Monthly free training for existing & new team members
Customer Stories
We’ve seen the value firsthand. Magnetic has helped us replace the noise of multiple tools with a single, reliable system that actually supports how we work.”
Billy Einkamerer
Managing Director, Exonic Solutions
Facts & Numbers
80%
Improvement in project visibility
Why professional service firms choose Magnetic
Professional services firms operate differently from internal project teams. They need to manage both project delivery and financial performance. Magnetic was built with these requirements in mind.
Margin protection
Stop over-servicing early and keep your projects profitable.
Over-servicing alerts and reporting at company, client, project, and user level.
Baseline budgets and variance tracking against actuals over time
Timesheet enforecement to ensure accurate data across the business
Real-time margin visibility from pipeline through to invoice
Profitability Focus
See how projects are performing financially before they're finished.
Real-time project margins visibilty
Revenue and capacity forecasting
Deal-level financial insights before a project begins
Profitability reporting by client, project, user and department
Deep financial controls
WIP, POs, revenue recognition and quoting tools build for professional services firms.
WIP management with 3 revenue recognition methods.
Live KPI monitoring
Purchase order management with supplier invoicing and spent tracking.
Personalised onboarding and monthly live training
All your questions, answered
What's the main difference between Magnetic and Productive?
oth Magnetic and Productive are professional services automation (PSA) tools designed for service-based businesses. The main differences relate to financial capabilities, how features are distributed across pricing tiers, and the onboarding approach.
Magnetic includes features such as over-servicing alerts with multi-level reporting, baseline budget locking, and work-in-progress (WIP) management with three revenue recognition methods.
Revenue forecasting and accounting integrations are included on Magnetic’s Pro plan (£17/user/month).Productive offers many comparable capabilities but places some advanced financial features on higher-tier plans. Revenue forecasting and some financial planning capabilities, for example, are available on its Ultimate plan ($33/user/month).
In terms of onboarding, Magnetic provides personalized onboarding across its paid plans and also offers a free Solo tier for individual users. Productive offers a self-paced onboarding academy and does not currently include a free plan.Productive also offers several advanced capabilities of its own, including Polaris SQL reporting, scenario modelling, and multi-subsidiary support on its Ultimate plan.
Magnetic includes features such as over-servicing alerts with multi-level reporting, baseline budget locking, and work-in-progress (WIP) management with three revenue recognition methods.
Revenue forecasting and accounting integrations are included on Magnetic’s Pro plan (£17/user/month).Productive offers many comparable capabilities but places some advanced financial features on higher-tier plans. Revenue forecasting and some financial planning capabilities, for example, are available on its Ultimate plan ($33/user/month).
In terms of onboarding, Magnetic provides personalized onboarding across its paid plans and also offers a free Solo tier for individual users. Productive offers a self-paced onboarding academy and does not currently include a free plan.Productive also offers several advanced capabilities of its own, including Polaris SQL reporting, scenario modelling, and multi-subsidiary support on its Ultimate plan.
How does invoicing compare between Magnetic and Productive?
Both Magnetic and Productive provide native invoicing that connects directly to time tracking and project work.
Productive includes invoicing functionality across its plans, while accounting integrations (including Xero, QuickBooks, and Sage) are available from the Professional plan ($25/user/month).
Rate cards are also introduced from the Professional tier, with limits that vary by plan.
Magnetic includes invoicing and accounting integrations on its Pro plan (£17/user/month). The platform also allows teams to configure rate cards without plan-based limits.
Both systems support workflows that convert tracked time and project activity into invoices, although the plan level required to access the full billing workflow differs between the two tools.
Productive includes invoicing functionality across its plans, while accounting integrations (including Xero, QuickBooks, and Sage) are available from the Professional plan ($25/user/month).
Rate cards are also introduced from the Professional tier, with limits that vary by plan.
Magnetic includes invoicing and accounting integrations on its Pro plan (£17/user/month). The platform also allows teams to configure rate cards without plan-based limits.
Both systems support workflows that convert tracked time and project activity into invoices, although the plan level required to access the full billing workflow differs between the two tools.
Which tool is better for tracking project profitability?
Both tools provide real-time visibility into project profitability and budget performance.Productive includes profitability dashboards and budget tracking tools that help teams monitor financial performance during project delivery. It also provides planning capabilities through its Scenario Builder, which is available on the Ultimate plan.
Magnetic also includes profitability tracking and adds features designed to help teams monitor financial performance during delivery. These include over-servicing alerts and reporting across company, client, project, and user levels, as well as baseline budget locking to track budget variance over time.Magnetic also includes WIP management with three revenue recognition methods and revenue forecasting on its Pro plan (£17/user/month).
Magnetic also includes profitability tracking and adds features designed to help teams monitor financial performance during delivery. These include over-servicing alerts and reporting across company, client, project, and user levels, as well as baseline budget locking to track budget variance over time.Magnetic also includes WIP management with three revenue recognition methods and revenue forecasting on its Pro plan (£17/user/month).
How do the CRM and sales features compare?
Both Magnetic and Productive include built-in CRM functionality, allowing teams to manage deals, contacts, and pipelines within the same system used for project delivery.
Productive supports multiple customisable pipelines and includes proposal generation with brand customization. It also integrates with HubSpot on its Ultimate plan.
Magnetic’s CRM is closely connected to its project financial data, which allows teams to evaluate deal profitability before a project begins.
Productive supports multiple customisable pipelines and includes proposal generation with brand customization. It also integrates with HubSpot on its Ultimate plan.
Magnetic’s CRM is closely connected to its project financial data, which allows teams to evaluate deal profitability before a project begins.
How do the pricing models compare?
oth Magnetic and Productive use tiered per-user pricing models.Magnetic’s Essentials plan starts at £9/user/month (minimum five users), while its Pro plan is £17/user/month.Productive’s Essential plan starts at $10/user/month (minimum three users). Its Professional plan is $25/user/month, and its Ultimate plan is $33/user/month, with all plans billed annually.While entry-level pricing is relatively similar, some financial and forecasting features are included in Magnetic’s Pro plan that Productive places on its Professional or Ultimate tiers. Productive also offers HRIS time-off synchronization as an additional add-on priced at $2/seat/month.Magnetic also offers a free Solo plan designed for individual users, while Productive focuses on paid team plans.
Which tool offers better customer support and onboarding?
Both tools provide live chat support, email assistance, and knowledge base documentation. Productive offers in-app chat support with quick response times and provides a self-paced training program through Productive Academy. Magnetic emphasizes hands-on onboarding and customer success support, offering personalized onboarding for paid plans as well as monthly training sessions designed to help teams adopt the platform effectively.Productive also offers on-premise onboarding for Enterprise customers.
See Magnetic in Action
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