Magnetic vs
Workamajig logo
Workamajig

The Best Workamajig alternative for professional services firms

A side-by side PSA Comparison for professional Services firms evaluating project management, resource planning & financial controls

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Magnetic vs Workamajig

Quick summary

Both tools are purpose built for professional services. Here's how they differ in approach

Magnetic is built for

Firms that want CRM, resourcing and timesheets included together, with no minimum team size.
Teams wanting overservicing protection and real-time margin visibility built into every project, from the Essentials plan.
Organisations that need WIP management with three revenue recognition models, at accessible per-user pricing.
Businesses that value highly personalised onboarding and live training sessions, with a 14-day free trial to try it first.
Service firms across industries — agencies, consultancies, engineering, architecture, accounting, in-house teams.
Workamajig logo

Workamajig is built for

Advertising agencies that want built-in digital proofing and creative approval workflows.
Agencies that want native CRM, revenue forecasting, and payables/receivables in one system.
Teams that prefer volume-based per-user pricing across In-House and Agency plans.
Larger creative teams (10+ users) that need enterprise-grade accounting and multi-currency support.
Advertising agencies and in-house creative teams specifically — not built for broader professional services firms.
how they compare

Feature-by-feature comparison

A detailed breakdown of capabilities across both tools,  based on publicly available information and product documentation

Features
Magnetic
Workamajig logo
Workamajig
Pricing
Starting price
per user, per month
£9 / user
Essentials plan (min. 5 users)
$49 / user
Agency plan (min. 10 users)
Mid-tier plan
per user, per month
£17 / user
Pro Plan (min. 5 users)
Custom pricing
Enterprise plan (100+ users)
Free plan
Solo plan *1 user
Free trial
14-days
No trial — demo only
AI Features
Coming soon
Project Management  
+
Task Management
Gantt Charts
Kanban boards
Project Templates
Available on all plans
Project budgets and cost tracking
Native budget management per project
Built in
Built in
Real-time project margins
Live profitability tracking
Net margin, net revenue, gross
+ net profit - visible per project, profitability reports
Revenue vs. costs with profitability reports
Budget warning thresholds
Alerts before budget is exceeded
Configurable alerts
(e.g. 80% budget used)
Milestones & Deliverables
Dependencies
Sub-project hierarchy
Master projects with sub-projects
Resource Planning   
+
Resource scheduler
Visual resource allocation
Drag-and-drop with smart distribution
+ split tasks across users by day
Capacity planning dashboard
Ideal vs max capacity per user, per day
Utilisation tracking
Billable vs. non-billable visibility
Skills-based resource allocation
Resource suggestions based on availability, skills, role + capacity
Skills and availability visible on the scheduling dashboard
Include pipeline in workload
Factor in unconfirmed deals for planning
Native CRM; workload integration not confirmed
Leave management
Balances, approvals, public holidays
- deducts from capacity
Not detailed in public resourcing docs
Financials & Billing  
+
Native invoicing
Create & send invoices
Generate invoices directly from tracked time
Native invoicing — Fixed Fee, T&M, retainer, WIP, and media billing
Client billing
Bill clients from tracked time
Built in
Built in
Client rate cards
Cost estimates
via custom fields
Purchase order management
POs, supplier invoices, spend tracking
WIP management
Work-in-progress tracking & revenue recognition
Profitability dashboard
Revenue forecasting
Expense claims
Accounting integration
Via Xero/Sage
Native integration
Time Tracking
+
Native time tracking
Timer (start/stop)
Native time tracker, desktop app available via timeboost
Manual Time Entry
Calendar auto-populates timesheets
Pre-fill from calendar entries
Auto-populates from calendars
+ creates tasks in timesheets
Autopopulates from assigned tasks
(not from external calendar events)
Billable vs non billable
Timesheet Enforcement
Block system access for incomplete timesheets
Time-to-invoice flow
Direct connection to billing
Approval workflows
Flexible approval engine across modules
CRM & Sales  
+
Native CRM
Built in customer management
Native (Agency plan and above)
Sales pipeline management
Built in (Agency plan and above)
Pipeline forecast dashboard
Built in — revenue forecasting (Agency plan and above)
Deal-level margin insight
Evaluate profitability before a project starts
Time & Expense on Opportunties
Evaluate profitability before a project starts
Native CRM; opportunity-level profitability not confirmed
Sales to Delivery Handoff
Automated project creation from won deals
Handoff workflow not detailed in public docs
Contact management
Automated project creation from won deals
Built in
General  
+
Custom fields
Unlimited
Capped by plan
Automations
Built-in customisable automation engine
Reporting
Custom report builder + profitability pipeline, WIP, overservicing, and utilisation reports
Customizable dashboards and reporting
Mobile App
iOS and Android
API Access
Zapier Integration
Slack integration
via Zapier
Guest access
GDPR Compliance

Information accurate as of July 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.

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2 weeks average setup

Typical setup takes 2-3 weeks, but we've had firms up and running in 1 week too.

1:1 Onboarding support

Dedicated onboarding teams ensure you're setup matches the way you work

100% data migrated

We'll help you migrate data from your current systems

Monthly free training

Manage your pipeline and every client relationship in one place.

Billy Einkamerer, Managing Director at Exonic Solutions
Billy Einkamerer
CEO, Exonic Solutions
“Magnetic has helped us replace the noise of multiple tools with a single, reliable system that actually supports how we work.”
Read the Exonic story
4.5
★★★★★
200+
Firms across 4 continents
Highest User Adoption

Why professional service firms choose Magnetic over Workamajig

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, from £9/user/month with no minimum team size.
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, included from the Essentials plan
Profitability Focus
See how projects are performing financially before they're finished, with a 14-day free trial to try it yourself.
Real-time project margins visibilty
Revenue and capacity forecasting
Deal-level financial insights before a project begins, powered by native CRM from the Essentials plan.
Profitability reporting by client, project, user and department
Deep financial controls
WIP, POs, revenue recognition and quoting tools built for professional services firms, at accessible per-user pricing.
WIP management with 3 revenue recognition methods, from the Essentials plan
Live KPI monitoring
Purchase order management with supplier invoicing and spent tracking.
Personalised onboarding and monthly live training, with no minimum team size to get started.
frequently asked questions

All your questions, answered

What's the main difference between Magnetic and Workamajig?
Magnetic is a purpose-built PSA with transparent, published pricing from £9/user/month, and a native CRM, project management, resource planning, time tracking, invoicing, and reporting all included from the Essentials plan (min. 5 users). Workamajig is an agency-focused PSA built specifically for advertising agencies and in-house creative teams, with strong native accounting and a distinctive digital proofing tool for creative approvals — but its published pricing starts at $45–$49/user/month with a 10-user minimum, no free trial, and no free plan. For firms outside the advertising/creative niche, or those wanting to start smaller and cheaper, Magnetic is the more accessible option; for agencies that specifically need built-in creative proofing workflows, Workamajig has a genuine edge there.
Does Workamajig have a built-in CRM?
Yes — Workamajig's Agency plan includes a native sales CRM with revenue forecasting, alongside payables/receivables and unlimited client/vendor logins. This is a genuine strength and a point of similarity with Magnetic, which also includes native CRM with deal pipelines, weighted forecasting, and deal-level margin insight — from the Essentials plan (£9/user/month), well below Workamajig's $49/user/month, 10-user-minimum Agency plan.
How do the financial features compare?
Both tools go deep on agency-specific financial controls. Workamajig supports Fixed Fee, Time & Materials, retainer, advanced/pre-billing, WIP, and media billing methods, with WIP postings to unbilled revenue and an Advanced Billing feature for revenue recognition. Magnetic includes WIP management with three revenue recognition methods, purchase order management with supplier invoicing, and baseline budget tracking with variance reporting from the Essentials and Pro plans — at roughly a fifth of Workamajig's per-user cost, with no 10-user minimum.
How do the pricing models compare?
Magnetic publishes simple, feature-based tiers: Essentials at £9/user/month and Pro at £17/user/month (both min. 5 users), with a 14-day free trial and no credit card required. Workamajig's pricing is volume-based rather than feature-based — $49/user/month at 10+ users, dropping to $45/user/month at 50+ users, with a 10-user minimum and Enterprise tiers (100+ users) requiring a custom quote. Workamajig offers no free trial and no free plan; you go straight to a sales conversation.
Which tool is better for resource planning?
Both offer solid resource scheduling — skills and availability visible on a live dashboard, capacity forecasting, and automatic conflict detection for double-bookings. Magnetic includes this from the Essentials plan with AI-assisted resource suggestions and full leave management (balances, approvals, public holidays). Workamajig's resourcing is built for agency production teams specifically and is a genuine strength of the platform, but it comes bundled into a $45–$49/user/month plan with a 10-user minimum rather than being available at Magnetic's lower entry price.
Which tool offers better customer support?
Workamajig, as a higher-touch agency platform, is typically sold and onboarded with more hands-on implementation support given its accounting depth. Magnetic provides personalised onboarding on all paid plans, monthly live training sessions for new and existing team members, and a hands-on customer success approach — without the higher per-user cost or 10-user minimum.

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