15 years helping Singaporean businesses
choose better software

What Is Wave?

Sick of bookkeeping blues, cash flow woes, or tax time terror?

With Wave’s small business software, you can automate the most tedious bookkeeping tasks, create professional invoices, get paid fast online, and simplify tax prep.

Unlike other software, Wave offers easy-to-use bookkeeping tools that work together, all in one place, so there’s no need to endlessly google solutions or switch between software.

Here’s more on what Wave can do for you:

Get more time for what you love: Say bye-bye to manual data-entry by automatically importing and categorizing your bank transactions with our Pro Plan.
Be the wiz of your biz: Make smart business decisions with helpful financial reports. Plus, track payments, view customer info, and manage cash flow with our dashboard and mobile app.
Beat imposter syndrome: Always look and feel like a pro, now and as you grow. Wave is the only solution committed to offering plans for every business stage.

Try Wave for free today!

Who Uses Wave?

Wave has helped more than 300,000 small business owners, freelancers, solopreneurs, and consultants in the US and Canada manage their money.

Wave Software - 1
Wave Software - 2

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Reviews of Wave

Average score

Overall
4.4
Ease of Use
4.4
Customer Service
4.0
Features
4.2
Value for Money
4.6

Reviews by company size (employees)

  • <50
  • 51-200
  • 201-1,000
  • >1,001
Henry
Henry
Freelance Digital Marketer in US
Verified LinkedIn User
Marketing & Advertising, Self Employed
Used the Software for: 2+ years
Reviewer Source

Alternatives Considered:

Excellent for freelancers and small businesses

5.0 3 years ago

Comments: Extremely positive. In 3+ years I don't think I've had to contact support once, nor have I ever considered switching to other tools. It is one of the few software tools I use regularly where I am happy to open it, and I'm happy to give them their percentage. As a freelancer, Wave has been indispensable to me. Always simple and smooth, and exceptional bang for the buck. Not only would I recommend Wave to freelancers and small businesses, I have recommended it. Numerous times.

Pros:

Wave is ideal for freelancers. Set up is really simple and the interface is user-friendly. I have zero background in financial matters, and with Wave that's totally fine. The price is also right. There's no subscription or hidden fees, they just take a perfectly reasonable percentage from invoice payments. I asked a financial advisor friend of mine before signing up, and she was pleasantly surprised by the low rates, and told me to go for it. I've been using Wave for over 3 years, and I have never once been hit with a fee outside of the basic rates. Wave also provides a host of reporting and tracking tools in this basic account. They didn't influence my decision to sign up, but they've proven to be very useful. And finally a small but really helpful feature, especially if you're a freelancer just starting out: immediate money transfers. Once someone pays your invoice, the money is in Wave, and takes 2-3 days to transfer. For 1% more payment, you can transfer money within minutes. For the cash-strapped freelancer, that can be mana from heaven.

Cons:

There are no major cons that I can think of. One issue I have is mostly my fault: When I first started using Wave I didn't know what I was doing, and I ended up creating a whole bunch of client and work type records unnecessarily. It would be nice if there were some more in-your-face tutorials, maybe some hover tips for new users. But the messiness is mainly from me leaping in before looking.

Soma
Lead Educator in Australia
Arts & Crafts, Self Employed
Used the Software for: 2+ years
Reviewer Source

Compact invoicing software

4.0 last month New

Comments: Was positive till a section of the app was discontinued for non-US subscribers.

Pros:

I love ease of use and functions that match my business needs. Allows branding and customisation of invoices. Love that I can clone invoices saving time for repeat services to same clients ( art coaching in my case)

Cons:

Disappointed that they removed wave receipts for non-US clients. This particular feature was critical to document hard copies of receipts on the go, into the online wave system. Now their is nothing else to integrate the hard copies of receipts into the wave system

Samantha
Owner in US
Law Practice, 2–10 Employees
Used the Software for: 1+ year
Reviewer Source
Source: SoftwareAdvice

Alternatives Considered:

Not enough features and virtually NO customer support

2.0 2 years ago

Comments: It was fine when we had one part-time employee. But for all the real-life scenarios that pop up when you have full-time employees, it's useless. The customer service is also super disappointing and unhelpful. We only use it for payroll, which should not require much in terms of software so I can't imagine trying to use it for accounting.

Pros:

I like how easy it was to set-up--that process was straightforward and the interface initially was easy to understand. Unfortunately as we needed to do more after adding a full-time employee, it proved impossible to work with or use.

Cons:

For payroll you have no options, and even when they recognize this, they don't provide a solution. A good example--we had an employee who had maxed out her vacation hours, but we agreed to let her take a few unpaid vacation days. There was no way for us to do this within Wave (you get paid vacation time or nothing). I chatted and even emailed with various representatives--all of which were super unhelpful, and we ended up wasting a lot of time before just being told this isn't an option. That's another huge con--there is virtually no support. The chat bot is not only unhelpful, but real agents are usually unavailable or there's a 20+ minute wait. The system is also not improving like I'd expect. I was notified today that my card declined for some reason so I followed the instructions that Wave emailed me to try to fix it, and it's like someone wrote them without looking at Wave's website because none of the instructions match. Not only is there not a change payment button but there's a Q/A at the end of the page where a user specifically asked this question, and there's no answer! I kick myself for picking this software, and we're in the process of moving to Gusto right now.

Chantel
Registered Massage Therapist in Canada
Health, Wellness & Fitness, Self Employed
Used the Software for: 2+ years
Reviewer Source

Alternatives Considered:

Bookkeeping made simple

5.0 3 months ago

Comments: My accountant recommended Wave as an upgrade from using Excel to document my income/expenses and it has made my life so much easier, my accounting/bookkeeping takes half the time and my reports are ready in an instant. It has been easy to help me keep track of any expenses I may have missed throughout the year as well.

Pros:

Wave is so user friendly, it's made all my bookkeeping seamless.

Cons:

If I had to choose it would be simpler invoicing/receipt creation.

Angela
Owner in Canada
Arts & Crafts, Self Employed
Used the Software for: 2+ years
Reviewer Source

Alternatives Considered:

Love the Starter Version of Wave

5.0 2 weeks ago New

Comments: I've used Wave for quite a while now & Love it. I will eventually move up to one of the paid subscriptions as this program has enabled me to be more professional with invoicing.

Pros:

Having a free version for small business owners is truly amazing. The fact that it works so well and is very easy to setup & use is a blessing

Cons:

I realize every business needs to make money - the latest update which now makes you download the invoice to send as opposed to being able to send from within Wave is nothing more than a small extra step.