Top 10 Alternatives to Wave: Comparison of Popular Payroll Solutions

This isn’t found in all other accounting software tools, so it’s definitely advantageous if you offer products or services that customers can order from your company website. This payroll service doesn’t have a very complicated pricing structure. It has a simple base fee and an additional charge for every employee or contractor paid. The only difference is that if you get Wave’s automatic tax filing, the base fee is $35 per month. Yes, Wave’s accounting, invoice, and receipt-scanning features are completely free. You do have to pay a credit card processing fee for online payments you accept with Payments by Wave, but that’s a standard requirement for all online payments.

(Coming soon to more states.) Payroll software by Wave is seamlessly connected with the rest of your Wave account to reduce the time you spend on manual bookkeeping. Employees can log into Wave securely to access their pay stubs and W2s, and manage their contact and banking information. Pay for only what you use and simplify your annual audits with workers’ compensation built for small business.

Best third-party app integration: QuickBooks Online

Justworks is an HR management solution designed to ease the workload of HR officers and managers. Organizations need to manage the different needs of their business teams and Justworks helps them effectively do this task. This product offers automation options and payroll services to enterprises. Plus, it provides easily implementable and feasible solutions to help them manage salaries, benefits, leaves and related matters. This product was launched in 2012 and since then it has become an established brand name in the payroll management software market.

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Wave Integrations

Wave Payroll is $35/month + $6 per employee/contractor in full-service tax states, and $20/month + $6 employee/contractor in self-service states. If you don’t need lots of technical accounting solutions besides accounting and payroll, Wave Accounting with the Payroll add-on is your best choice. Wave Invoicing is free, but works especially well with their paid feature—Payments by Wave (customers click “pay now” on your invoice and you can accept faster online payments). Wave Invoicing also syncs automatically with Wave Accounting once you’ve downloaded the app and linked accounts. Many free plans are very limited, designed to upsell you on paid features. Wave Accounting, however, offers every single accounting feature for free. Income and expense tracking is unlimited, and you can even manage multiple businesses in your Wave account.

Monitask is an easy-to-use employee time tracker tool enabling employees and freelancers to start a clock and record their wave app payroll work hours manually. Select the correct currency in which you want your employees to receive the online payment.

Features and integrations

Cloud-based software solutions offer a range of useful benefits to businesses of all sizes. For this reason, companies are increasingly moving their information and data to the cloud to enjoy the advantage of anytime, anywhere access. This whole process is quite different from what competitors offer.

We consistently update our features to incorporate government relief programs and changes. Keep compliant https://intuit-payroll.org/ and save time by having Wave handle your Canada Revenue Agency tax remittances on your behalf.