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Payroll by Wave software

31 reviews(5.0/5)
31 reviews(5.0/5)

Payroll by Wave is a cloud-based payroll solution for small businesses. Primary features include invoicing, accounting, online payments, lending and receipts. The accounting module allows users to create custom invoices, scan receipts, manage sales tax, generate accounting reports such as Profit and loss, sales tax report, calculate exchange rates and payment transaction reconciliation.

It allows users to create recurring bills, send automatic payment reminders, bookkeeping, share invoice status, create customer statements and accepts credit card payments. It automatically deposits the salary into the employee’s banks accounts. Employees can view their pay stubs online. It also allows employers to track hours worked, overtime and vacation time.

The solution is offered in the United States and Canada. Customer support is offered via community support, FAQs, help center and videos.

Supported Operating System(s):
Windows 7 , Windows Vista , Windows XP , Mac OS , Linux , Web browser (OS agnostic) , Windows 2000 , Windows 8

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31 Reviews of Payroll by Wave

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  • Verified Reviewer

    Number of employees: 11-50 employees

    August 2018

    Very Intuitive and Easy to Use Payroll Software

    Ease-of-use
    Functionality
    Quality
    Support
    N/A
    Pros

    Payroll by Wave is very easy to use, very intuitive, and it's great that it sent payroll reminders and showed you the total amount to withdraw. Direct deposit is another handy feature!

    Cons

    No complaints at all! I only had good experiences with Payroll by Wave!

    This review was submitted organically. No incentive was offered
    Review Source: Capterra
  • Verified Reviewer

    Number of employees: 11-50 employees

    July 2018

    Good but could be better, still new

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money
    Pros

    They are a good value for the service, but they don't have full service payroll in many states yet and paying taxes on your own can be tough

    Cons

    They don't have full services payroll, and support is slow to respond. I imagine this will get better over time.

    This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
    Review Source: Capterra

  • Shaun D from Equip Your Kitchen 4 Less

    July 2018

    If was any simpler it'd be illegal

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    Super simple. We were actually able to get everything set-up in 4 hours, not missing a beat, employees were paid on time and reporting cash in - cash out doesn't require a degree from MIT.

    Pros

    I can't even begin to say how SIMPLE it is! I was looking for something that my Daughter and Wife could use to do AR/AP as well as payroll. It took me literally 4 hours to get 237 employees added with their payroll information. Didn't miss a payday :-)

    Cons

    The invoicing was/is clunky. You only have 3 designs to choose from. I haven't found a way to import designs from another invoicing software that I was using. I'd kind of like to just have one......but it's not too important right now.

    This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
    Review Source: Capterra

  • June 2018

    I have been using WaveApp For 2 years

    Ease-of-use
    Functionality
    Quality
    Support
    N/A
    Pros

    I absolutely love Waveapp. It is easy to use to manage my client invoices, estimates, employee payroll, and track business expenses.

    Cons

    The only drawback is waiting several days for funds to be transferred to your bank account. When my clients make a payment, I get a notification that I have been paid, however, those funds take a few days before they actually show up in my bank. It would be great if Waveapp was a bank as well.

    This review was submitted organically. No incentive was offered
    Review Source: GetApp

  • Anyugel from Information Technology

    May 2018

    Easy to use

    Ease-of-use
    Functionality
    Quality
    Support
    N/A
    Pros

    the service is rally easy to use and manage, even for those people, like me, without background in payroll management

    Cons

    It is really ugly and you can't customize the features and the service, because it doesn't left you enough control over the payroll

    This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
    Review Source: GetApp
  • Verified Reviewer

    Number of employees: 11-50 employees

    May 2018

    I absolutely love it! Just get excited thinking about going back!

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money
    Pros

    I love the simplicity of it. I am not an accountant, and they make me feel like I am! Haha I love that I feel secure using them to.

    Cons

    Personally, it's not that the customer support is bad, but it's not as attentive to me as I would like it.

    This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
    Review Source: Capterra

  • Alexandra from Monte Sion PR

    Specialty: Hospitality / Travel

    Number of employees: 2-10 employees

    April 2018

    I love Wave!

    Ease-of-use
    Functionality
    Quality
    Support
    N/A
    Pros

    This has been the best online payroll tool we've had. Although, since you can have it for free it can surprise as to how good the product is. Not complicated at all, very user-friendly and most important, gets the job done.

    Cons

    I really share no bad feelings towards the product. Ever since we've used it for our small company it has worked very well.

    This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
    Review Source

  • Holly from Mop To It inc

    April 2018

    Love this software!

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money
    Pros

    I have been using this for payroll and book keeping for the last several years. It is super easy to use and has almost all the features I need. I create T4s on it and can invoice clients!

    Cons

    I wish it could allow staff access to enter their own hours then I could approve them. This feature would make a big difference!

    This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
    Review Source: Capterra

  • Rita from Maxim Software

    Specialty: Other

    Number of employees: 1 employee

    April 2018

    I wish I found about this sooner

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money
    Pros

    This is the best place to organize payments, finances, and payroll. Seriously! It's so easy to setup and a breeze to use. I feel hugged everytime I use wave. They added an Accounting area that it's amazing. I can't say enough how much I love this program. They integrate with paypal, your bank account, etsy! You can create your own invoice template with your logo and colors for free!

    Cons

    I can't find anything in waves that make me want to find another service. There are no cons, they keep adding new features.

    This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
    Review Source
  • Verified Reviewer

    Number of employees: 5,001-10,000 employees

    March 2018

    Free but hidden problems

    Ease-of-use
    Functionality
    Quality
    Support
    N/A
    Pros

    Best thing about it is that it is free but the features are amazing for a free tool. It has a dashboard that allows you to see charts for overdue invoices, bank accounts and credit cards. The invoice templates are great, as this makes it easy to use and you can customized them too. Great way to track and use.

    Cons

    My biggest problem was customer support, very limited and useless. There is a hidden fee that is not mentioned which should be disclosed. A bit of a trust issue with this system.

    This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
    Review Source: GetApp
  • Verified Reviewer

    February 2018

    One of my favorite pieces of Wave Apps!

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money
    Pros

    The Payroll section of Wave is wonderful. After getting it setup it only takes minutes to enter in timesheets and run it.

    This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
    Review Source: Capterra

  • Kamilah from Jolly Esquire, PLLC

    February 2018

    I love Wave

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money
    Pros

    I love Wave! It is awesome. The payroll feature is easy to use and the transaction tagging is very easy.

    Cons

    I do not have very many complaints if any at all. The support staff responds very quickly to any issues or concerns that a user may have.

    This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
    Review Source: Capterra

  • Rolland from Rovee Cabinetry

    November 2017

    Set-up lengthy and painful

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money
    Pros

    The tool has nice features and a nice dashboard, that is it really.

    Cons

    They ask for personal information which is irrelevant for the product, especially when in 2017 the keep telling young to give your personal information liberally.

    This review was submitted organically. No incentive was offered
    Review Source: Capterra

  • Linda from NTF

    November 2017

    I found it very intuitive to use and set up.

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money
    Pros

    It does everything I need it to. I found it very easy to set up invoices, online payment options for clients, recurring billing for clients, and more.

    This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
    Review Source: Capterra

  • Juan Carlos from Unicomer Group.

    Number of employees: 10,000+ employees

    October 2017

    Simple and easy to use as their name!

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    We appreciate the web based option for sheets to allow our remote workforce to access timecards, time off requests, and pay stubs from their locations

    Pros

    No longer have to fill out and turn in paper time sheets. Its very easy to use for all level employees.

    Cons

    At the end of every week it takes about 6 hours to punch in and key all missed punches from employees. But I do recommend the use of this software.

    This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
    Review Source: Capterra

  • Number of employees: 11-50 employees

    September 2017

    Love Wave App!

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money
    Pros

    It's a great software for billing and invoicing clients, vendors, employees, and independent contractors. I love the ability to send the invoices via email and getting paid within the system. It's simply, easy to use and have a variety of features including, connecting your financial institution to the app for payment, saving and exporting data and interface is very clean.

    Cons

    The mobile interface does not work very well. The app sometimes crashes. Other than that, there no other cons with the software.

    This review was submitted organically. No incentive was offered
    Review Source: GetApp

  • Lea from GLD

    January 2017

    Easy way to run payroll

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    Payroll by Wave is an easy-to-use system for processing your payroll in-house and also offering direct deposit. This platform is integrated with Wave's general accounting software, which helps reduce the need for additional manual journal entries. Very straight-forward.

    Review Source: Capterra

  • travis from bakery

    November 2016

    Awful invoice

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    they hold my payments so they can find information about my customers,that makes bad business i dont use this invoice anymore. For those thinking its good wait until they hold your payment then ask stupid questions about your customer. Pathetic..

    Pros

    it was ok in the beginging

    Cons

    They like to hold your payments and want to harrass your customer by asking personal questions.

    Review Source: Capterra

  • Andrew from Taplytics

    August 2015

    Wave Payroll - Super Simple Payroll

    Ease-of-use
    Quality
    Support

    We've been using Wave Payroll for the past two years for both Canadian and US employees. It's by far the easiest service we've ever used. - Employees have commented how easily and quickly they get their tax information and direct deposit setup. Payment by direct deposit works great every time, if they have questions, they can view their stubs online easily. - I don't have to event think about CRA or US tax remittances, it just happens automatically - Getting T4s, T5s, W2, W3, forms 940 and 941 every year couldn't be easier and they integrate nicely into the accounting part of the service as well - Automatically filed ROEs are also a nice touch - Having the payroll service integrated with our invoicing and accounting software just makes everything run smoothly, and saves us a ton of time every month

    Review Source: Capterra

  • Ashley from Sage Recruiting

    August 2015

    Best payroll product on the market!

    Ease-of-use
    Quality
    Support

    Wave Accounting is definitely one of the best companies for accounting, and their payroll app has really come out on top! It's easy to use, easy to learn, and the user experience is optimal. The customer service is by far the best in the business. The pricing is so inexpensive that you cannot go wrong! I wholly recommend this product to any small business!

    Review Source: Capterra
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