Wave Payroll Software
FrontRunners
About Wave Payroll
Wave Payroll 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 of...
Wave Payroll Pricing
USA pricing: Tax service states (California, Florida, New York, Illinois, Virginia, North Carolina, and Washington): $35/base fee + $4 per employee/month Self service states (All other 43 states): $20/base fee + $4 per employee/month Canada pricing: $20/base fee + $4 per employee/month
Starting price:
$20.00 per month
Free trial:
Available
Free version:
Not Available
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Wave Payroll User Reviews
OVERALL RATING
Showing 1 - 5 of 57 reviews
Barbara
Company size: 11 - 50 employees
Time used: Less than 2 years
Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
July 2021
Good until you Deactivate
Shaun D
Verified reviewer
Time used: Less than 12 months
Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
July 2018
If was any simpler it'd be illegal
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.
Anonymous
Company size: 1 employee
Time used: Less than 6 months
Review Source: GetApp
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
February 2020
Wave is better than Xero & QuickBooks
My overall experience has been spectacular. It was easy for me to add bank accounts and integrate other key extensions. I prefer this over Xero only because it's free and easy to use on both mobile and desktop. It's packed with many things that I still have to explore when I get the chance. I think everyone should give this software a shot before they decide on moving on to a paid platform.
Pros
I like that it's completely free and has many easy aspects of adding receipts, reporting, tracking your expenses, bank accounts and more. I compared it with other bookkeeping software and Wave is the best because it's free and does the same things as other platforms but more. I will mainly be using this in my business to keep track of taxes and file it accordingly.
Cons
There are no cons for me for this software as I recently started using it. I think the only thing they should do is continuously adding more features and updates.
Reasons for choosing Wave Payroll
Simply because it was free and has everything I need in it to manage and keep track of my small business.
Lawrence
Company size: 11-50 employees
Industry: Environmental Services
Time used: More than 2 years
Review Source: Capterra
This review was submitted organically. No incentive was offered
December 2020
Nice on the eyes, poor on performance
You get what you pay for. Great for when things were super, super simple, but at 11 employees, I'm ready to ditch for something that can really help us when we really need it to just work. Wave doesn't.
Pros
User-facing pages are nice looking, invoices and other docs look professional.
Cons
Customer service is mainly by chatting with a bot. They have no help pages. The bot is generally useless and we have to eventually email for support. They have no phone support at all. Off-boarding a dismissed employee makes it look as if they have not thought through the process. Beneath this all the time is the constant annoyance with how long every operation takes. Their site is noticeable slow compared to many others, and for just about everything.
Aisha
Verified reviewer
Time used: More than 2 years
Review Source: GetApp
This review was submitted organically. No incentive was offered
June 2018
I have been using WaveApp For 2 years
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.
