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Wave vs InvoiceOwl Comparison (2026)

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Wave

InvoiceOwl

Overview

With Wave's comprehensive, free and unlimited invoicing tools, you can send invoices, keep track of who owes what, send reminders and more.

InvoiceOwl is an estimate and invoice software that allows users to create professional estimates and invoices in a matter of minutes

Platforms supported

Web-based
iPhone app
Android app
Windows Phone app

Typical customers

Freelancers
Small businesses
Mid size businesses
Large enterprises

Customer support

Phone
Online
Knowledge base
Video tutorials

view more detailsview details

Platforms supported

Web-based
iPhone app
Android app
Windows Phone app

Typical customers

Freelancers
Small businesses
Mid size businesses
Large enterprises

Customer support

Phone
Online
Knowledge base
Video tutorials

view more detailsview details

Video & Screenshots

No videos yet

Pricing

Starting from

Per month

Free trial available
Credit cardless trial
Free account
Subscription based

Starting from

No pricing info

Free trial available
Credit cardless trial
Free account
Subscription based

User reviews

4.4

1.7K

451

107

Value for money

Ease of use

Features

Customer support

78%

would recommend this app

4.5

Value for money

Ease of use

Features

Customer support

75%

would recommend this app

Pros

“It helps save time with daily bookkeeping tasks, invoicing, and tracking payments. While it may not have all the advanced features of bigger platforms, it works well for basic business accounting needs.”

Sai T.

Construction Project Manager

“The starter edition is free which is awesome, you are able to process payroll, invoice clients and perform monthly accounting at no cost. ”

Tim O.

Partner

“Easy to input information and create my own financial Reports, and my accountant has no issues with importing my entries over for his own purposes to prepare my company’s yearly Return”

Joseph L.

Principal

Pros

Not enoughreviews yet

Cons

“My customer paid by ACH/bank payment through Wave, the funds were withdrawn from the customer, and then Wave refused to release the payment to my business account because they claimed they could not verify my business.”

emir k.

Principal

“I tried to recommend my friend to use Wave but they were unable to sign-up as my friend works in healthcare, and there were some data storage restriction due to HIPAA and Wave's data policies, which prevented the registration to continue.”

Salina T.

Owner

“The main thing I don't like about Wave is that they don't use standardized "GAAP terminology" for some of their financial management and reporting features. While this may make it more accessible to a certain user base, it actually makes it a bit confusing for me (who has a bit of formal CPA / accounting training).”

Aaron C.

Founder and CEO

Cons

Not enoughreviews yet