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I've been using Project Bubble for over a year now and love it! I tried countless other systems before discovering Project Bubble including FreshBooks, Basecamp, etc, and this one was the only one that provided everything I needed in a simple solution. As a web developer that charges hourly I am able to easily setup projects/tasks and track time then create invoices for each project or client. The company has been extremely helpful and responsive along the way. I have requested several features and had several implemented, and very quickly. Also, every time I have requested support someone has responded and solved the issue very promptly. In short, I have been very impressed with the system and the staff at Project Bubble and highly recommend it to anyone.
Complete solution from project - task - time to invoice and even PayPal payments. Very simple and easy to use. Affordable.
Reports are fairly basic.