Lili
freemium
Vendor does not publish a starting price.
Contact the vendor for a quote. Hidden pricing is a yellow flag for smaller practices.
At a glance
The differences that matter
Side-by-side facts. Rows where the two tools differ meaningfully are highlighted.
| Feature |  |  |
|---|---|---|
| Pricing fromSame | Not listed | Not listed |
| Pricing model | freemium | free |
| HIPAASame | Not listed | Not listed |
| Free trialSame | Not listed | Not listed |
| Target users |
|
|
| Key features |
|
|
| Integrations |
|
|
Lili
- Pricing from
- Not listed
- Pricing model
- freemium
- HIPAA
- Not listed
- Free trial
- Not listed
- Target users
- Solo therapists and freelancers
- Sole proprietors
- Clinicians wanting banking + tax help
- Key features
- Freelancer business banking
- Smart bookkeeping and categorization
- Invoicing and bill pay
- Automatic tax savings
- Integrations
- Stripe-style deposits
- Tax tools
Novo
- Pricing from
- Not listed
- Pricing model
- free
- HIPAA
- Not listed
- Free trial
- Not listed
- Target users
- Solo and small therapy practices
- Budget-conscious clinicians
- Private-pay practitioners
- Key features
- Free business checking
- Free customizable invoicing
- Budgeting (Reserves)
- Faster Stripe payouts (Novo Boost)
- Integrations
- Stripe
- QuickBooks
- Business apps
Pricing
What you actually pay
Starting prices and what they include. The cheaper tool is not always the better value.
Novo
free
Free
Honest assessment
Where each tool wins and loses
Based on hands-on testing. Both tools have real weaknesses worth knowing before you commit.
Lili
What works well
- Free tier available
- Auto tax savings
- Bookkeeping plus banking
- Pre-filled tax forms
Where it falls short
- Best features on paid plans
- Not therapy-specific
- Banking via partner bank
- Not a clinical/PHI tool
Novo
What works well
- Free with no minimums
- Invoicing and budgeting built in
- Faster Stripe payouts
- Useful integrations
Where it falls short
- Not therapy-specific
- Banking via partner bank
- Limited lending/advanced features
- Not a clinical/PHI tool
Take it for a spin
Try them
Both tools offer free trials. The fastest way to confirm a fit is to run one real session through each.
Freelancer banking with smart bookkeeping and automatic tax savings.
Try Lili
About this comparison
This comparison is auto-generated from verified vendor data. We compile pricing, features, and integrations from each vendor's own documentation. For editorial comparisons with hands-on testing, see our editorially reviewed comparisons.
Auto-generatedWe may earn a flat referral fee if you sign up through links on this page. It is the same for every tool in a category, so it never affects our recommendations.
Some listings on Mytherapist Tools are paid placements, clearly labeled. Paid placement does not buy editorial recommendation. Our top picks are chosen on merit.