.svg){kind=small}
Information accurate as of February 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.
Why professional service firms choose Magnetic
Magnetic was purpose built for professional sevice firms who need more than generic project management
Connected Operations
Sales, resources & finances in one system
No manual data transfer between tools
Single source of truth for your business
Automated handoff between departments
Profitability Focus
Real-time project margin visibilty
Over-servicing alerts before it's too late
Revenue & capacity forecasting
Deal-level financial insights
Purpose-built features
Native invoicing connected to time tracking
Client rate cards & billing rules
Resource finder with skills matching
Industry specific workflows
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
Frequently Asked Questions
All your questions, answered
From setup to day-to-day use, we’ve answered the biggest questions firms ask when switching.
What's the main difference between Magnetic and Wrike?
Magnetic is a professional services automation (PSA) tool built for firms that bill clients for time and expertise, with native CRM, project financials, invoicing, and resource planning in one system. Wrike is a general-purpose work management tool for teams across all industries, with strong collaboration features, customisable dashboards, and cross-functional project tracking. The key difference is that Magnetic connects your sales pipeline to project delivery and billing in one workflow, while Wrike focuses on project execution and requires separate tools or integrations for CRM, invoicing, and financial management.
Does Magnetic handle invoicing and client billing?
Yes. Magnetic has built-in invoicing that links directly to the time tracked on projects. This lets you bill clients for the actual work done without needing to export data elsewhere. You can also connect your accounting systems to share information easily between both platforms.
Does Magnetic have a native CRM?
Yes! Magnetic’s CRM is made for professional services firms and includes features like pipeline forecasting, turning deals into projects, and client rate cards that link to billing and project delivery. If you need a CRM as a main feature, Magnetic gives you deep integration with your operations without needing another subscription.
How do the pricing models compare?
Both platforms have tiered pricing. Wrike’s Team plan starts at $10 per user per month (billed annually), and its Business plan is $25 per user per month. Magnetic’s Essentials plan starts at £9 per user per month, and its Pro plan is £17 per user per month, with a minimum of 5 users. Wrike’s lower starting price covers project management, but professional services firms should think about the total cost, including extra tools for invoicing, CRM, profitability tracking, and resource planning. Magnetic’s pricing includes these features, which may reduce the need for several software subscriptions.
Which tool offers better resource managment
Both platforms have resource management features, but they work differently. Magnetic offers resource scheduling, capacity planning, skills-based allocation, and dashboards to help professional services firms make the most of billable time. Wrike has a Workload view and resource management tools (mainly on the Business plan and above) that show team capacity and help balance work. Magnetic’s main advantage is that it links resource planning with project financials, so you can see both availability and profitability when making decisions.
See Magnetic in Action
Join hundreds of professional services firms that have already streamlined their operations with Magnetic. Start your free 14-day trial or book a personalised demo.
Free for 14 days
No-credit card required
