Novo vs PayHOA: Which Should You Choose in 2026?
Choosing between Novo and PayHOA comes down to understanding what each tool does best. This comparison breaks down the key differences so you can make an informed decision based on your specific needs, not marketing claims.
By Toolradar Team · Last updated February 28, 2026 · Methodology
Short on time? Here's the quick answer
We've tested both tools. Here's who should pick what:
Novo
Smarter online business banking solutions for small businesses and self-employed entrepreneurs.
Best for you if:
- • You want the higher-rated option (8.0/10 vs 0.0/10)
- • You want to try before committing
- • Offers a free online business checking account with no hidden fees.
- • Provides tools for invoicing, budgeting, expense management, and integrates with popular business apps.
PayHOA
All-in-one software to manage your community, automate invoicing, and streamline HOA accounting.
Best for you if:
- • Automates HOA invoicing, payments, and comprehensive accounting.
- • Streamlines homeowner communication and request management.
| At a Glance |  Novo |  PayHOA |
|---|---|---|
Price | Free + Paid | Paid |
Best For | Accounting | Accounting |
Rating | 80/100 | —/100 |
| Feature | Novo | PayHOA |
|---|---|---|
| Pricing Model | Freemium | Paid |
| Editorial Score | 80 | — |
| Community Rating | No ratings yet | No ratings yet |
| Total Reviews | 0 | 0 |
| Community Upvotes | 0 | 0 |
| Categories | AccountingInvoicing | AccountingInvoicing |
How Novo and PayHOA Compare
Novo
Smarter online business banking solutions for small businesses and self-employed entrepreneurs.
Free tier available · 80/100 score
PayHOA
All-in-one software to manage your community, automate invoicing, and streamline HOA accounting.
Paid
Who Should Use What?
On a budget?
Novo has a free tier. PayHOA is paid only.
Go with: Novo
Want the highest-rated option?
Novo scores 80/100. PayHOA is unrated.
Go with: Novo
Value user reviews?
Neither has user reviews yet.
Go with: Novo
3 Questions to Help You Decide
What's your budget?
Novo is freemium. PayHOA is paid. Novo lets you start free.
What's your use case?
Both are accounting tools. Compare their specific features to decide.
How important are ratings?
Not all tools have been rated yet.
Key Takeaways
Novo
- Higher score: 80/100 vs unrated
- Free tier available
- Our pick for this comparison
PayHOA
The Bottom Line
Novo (80/100) is our pick.
Frequently Asked Questions
Is Novo or PayHOA better?
Novo scores 80/100 in our evaluation. Novo is freemium and PayHOA is paid.
What are Novo and PayHOA used for?
Novo: Smarter online business banking solutions for small businesses and self-employed entrepreneurs.. PayHOA: All-in-one software to manage your community, automate invoicing, and streamline HOA accounting..
What does Novo cost vs PayHOA?
Novo is freemium (free tier + paid plans). PayHOA is a paid tool. Visit their websites for detailed pricing.