Elorus Review (2026): Pricing, Features & Honest Verdict

TLDR

Elorus is cloud invoicing, time tracking and expense software aimed at freelancers and small project teams. It bundles the three things service businesses bill on into one cheap package with a genuinely free tier, and it handles Greek myDATA compliance out of the box. Best for: freelancers and small agencies billing by project. Price: free, or from $7/mo. Rating: 7.3/10.

What is Elorus?

Elorus is a billing platform for people who sell their time. At its core it does three jobs: it creates and sends invoices, it tracks the hours you work on projects, and it logs the expenses tied to those projects. The point is to connect all three so the hours you log and the costs you incur flow straight into the invoice your client receives, instead of living in three separate spreadsheets. It is squarely aimed at freelancers, consultants, creative and marketing agencies, software teams and law firms.

The product comes out of Greece, and that origin shows up as a real advantage: Elorus has native support for myDATA, Greece’s mandatory e-invoicing and tax-reporting system. That is the kind of local compliance feature most international invoicing tools simply do not bother with, and it is the main reason Greek businesses pick Elorus over a FreshBooks or a Bonsai. It has also picked up recognition like Capterra’s Best Value award for billing and invoicing, and it holds a strong user rating across review sites, which tracks with what we found.

What makes Elorus worth a look beyond Greece is the combination of price and scope. Plenty of tools do invoicing. Plenty do time tracking. Far fewer do both plus expenses, tie them to project profitability, and still offer a free forever tier. That bundling is the pitch, and for a service business that currently stitches together a spreadsheet, a timer app and a separate invoice tool, consolidating into one cheap platform is a genuine quality-of-life upgrade.

What Are Elorus’s Key Features?

Invoicing

Invoicing is the heart of the product, and it is the part users praise most. You build professional, customizable invoices with multi-currency and multi-language support, duplicate past invoices in a click, and accept card payments through integrations with Stripe, PayPal and Braintree. For a freelancer juggling clients in different countries and currencies, that flexibility is genuinely useful. The honest limit: invoice templates offer limited design customization, so if you want pixel-perfect branding you may feel boxed in.

Time tracking

Elorus includes a live time tracker and weekly timesheets, with project performance insights layered on top. You log hours against a project, and those hours feed directly into billing so you are not retyping numbers. Reviewers single out the time tracking as accurate and easy, which matters because sloppy time tracking is how service businesses quietly lose money. It is not a standalone time-tracking powerhouse like some dedicated tools, but for billing purposes it does the job.

Expense management and client portal

On the cost side, Elorus tracks supplier invoices, recurring expenses and one-off costs, and ties them to specific projects so you can see real project profitability. The standout, though, is the client portal: a private area where your clients pay invoices, monitor project status and view their transaction history. That portal does a lot of quiet customer-service work, cutting down the back-and-forth emails about where an invoice is and whether it was paid.

Estimates and team access

You can send professional estimates that clients accept or reject online, with an accepted estimate converting automatically into an invoice. Multi-user access lets you bring in accountants or partners with role-based permissions. These are the features that nudge Elorus from a solo tool toward something a small agency can actually run on, though note that each plan includes only one user by default and extra seats cost $5 to $6 a month.

How Much Does Elorus Cost?

Elorus starts at free and tops out at $30/mo, which makes it one of the cheaper tools in this category. The free plan is the real story: it covers up to 5 active clients, 1 user and 1 warehouse, with every core feature and unlimited invoices to those clients, no credit card required. Most invoicing tools cripple their free tier; Elorus’s is genuinely usable for a solo freelancer with a handful of clients.

Paid plans scale by active client count. Starter is $7/mo billed annually (or $9 monthly) for 25 clients. Standard, the most popular tier, is $15/mo annually (or $19 monthly) for 500 clients and unlimited warehouses. Premium is $30/mo annually (or $39 monthly) for unlimited clients. Extra users are $5 to $6 each per month across all tiers, which is the one thing to watch if your team grows.

For comparison, FreshBooks starts higher and is positioned as full accounting, Harvest runs about $9/seat/mo but focuses on time tracking, and Bonsai’s freelance suite starts at $9/mo. Against that field Elorus is the value pick, especially once you factor in the free tier and the bundled time tracking and expenses. You are paying noticeably less for a similar feature set.

The pricing structure is worth understanding before you buy: you pay for active clients, not invoices, so a freelancer with a few high-volume clients can sit on a cheaper tier than the client count alone suggests. A few users found the subscription structure confusing at first and called the Premium tier slightly pricey for what it adds over Standard, so most small teams will land happily on Starter or Standard rather than reaching for the top plan.

Who is Elorus Best For?

Use Elorus if you are a freelancer, consultant or small agency that bills by project and wants invoicing, time tracking and expenses in one place without paying much. The free plan makes it a no-brainer to try, and the cheap paid tiers make it easy to grow into. If you are a Greek business that needs myDATA compliance, it jumps to the top of the list outright.

Skip Elorus if you need full accounting with a general ledger and tax filing, because Elorus is billing software, not a books platform, and you will still need something separate for that. Skip it too if invoicing on your phone is essential to your workflow, since there is no dedicated mobile app. And if deep, customizable reporting and analytics are central to how you run, you will likely find Elorus too basic.

• Use it if you bill by project and want invoicing, time tracking and expenses in one cheap tool.
• Use it if you are a Greek business that needs myDATA e-invoicing compliance.
• Use it if a strong client payment portal would cut your invoice chasing.
• Skip it if you need full accounting, mobile-first invoicing, or advanced custom reports.

Best Elorus Alternatives

FreshBooks

FreshBooks is the polished, better-known alternative and leans further into accounting, with double-entry books, expense tracking and a strong mobile app. It costs more than Elorus and there is no free tier, but if you want a tool that doubles as your accounting platform and bills on the go, it is the safer pick. Think of it as Elorus with more accounting muscle and a higher price.

Harvest

Harvest is the time-tracking-first option, used heavily by agencies and freelancers who live and die by billable hours. It runs about $9/seat/mo and integrates with QuickBooks and Xero for the accounting side. If time tracking is your priority and invoicing is secondary, Harvest does that job more deeply than Elorus, though it is less of an all-in-one.

Bonsai

Bonsai is the all-in-one freelance suite, bundling proposals, contracts, invoicing and time tracking from $9/mo. It is aimed mostly at US-based independent contractors and goes further than Elorus on the contract and proposal side. If you want the legal paperwork handled in the same tool as billing, Bonsai is the broader package, but it lacks Elorus’s myDATA support and free tier.

Final Verdict: Is Elorus Worth It?

Elorus is an easy yes for the audience it targets. For a freelancer or small agency that bills by project, getting invoicing, time tracking and expenses in one tool with a genuinely free plan and paid tiers starting at $7/mo is excellent value. The client portal is a quiet standout, and the native myDATA support makes it close to mandatory for Greek businesses. We rate it 7.3 because it delivers real value without overpromising.

It does not score higher because the edges are rough where it counts for some users: no dedicated mobile app, basic reporting, and a feature set that stops well short of full accounting. None of those are dealbreakers for the core audience, but they are the reasons a growing agency might eventually outgrow it. If you are billing clients by project and want to spend as little as possible, start on the free plan today. If you need full books or mobile-first invoicing, look at FreshBooks instead.