Wave Payroll Pricing, Features, Reviews & Comparison of Alternatives

Wave Payroll

Payroll solution for small businesses

4.48/5 (40 reviews)

Wave Payroll overview

Wave Payroll is a payroll management solution designed to help small businesses simplify and automate payroll processes, as well as stay compliant with taxes and deductions. With Wave Payroll, users can track and manage vacations, benefits, and overtime accurately and efficiently, and provide users with quick access to accurate pay stubs and reports. As a cloud based solution, Wave Payroll gives users the flexibility to access and manage payroll information anytime, anywhere, via any internet-enabled device.

Wave Payroll provides users with all the features necessary for small businesses to run payroll including Wave accounting, invoicing and receipt scanning integration, timesheets, tax forms, payroll reminders, and self-service check printing. An employee self-service portal enables users to access pay stubs and W2s conveniently online, while secure collaboration tools allow users to share information safely with bookkeepers, partners or assistants. 256-bit encryption and data backups ensure all data is managed safely and securely.

Wave Payroll supports automatic filings and payments for users in New York, California, Florida, Texas, Illinois and Washington. Since Wave Payroll connects seamlessly to all other Wave accounts, users can record payroll journal entries automatically. Wave Payroll also support direct deposits, allowing users to deposit pay directly into an employee's bank account.
wavepayroll.com

Pricing

Starting from
$20/month
Pricing options
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United States, Canada

Supported languages

English
Wave Payroll screenshotWave Payroll screenshot

Wave Payroll reviews

Value for money
Features
Ease of use
Customer support
  4.3
  4.0
  4.4
  4.2
Aisha LaDon

I have been using WaveApp For 2 years

Used daily for 2+ years
Reviewed 2018-06-25
Review Source: GetApp

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

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Juan Carlos Alfaro

Simple and easy to use as their name!

Used daily for 2+ years
Reviewed 2017-10-03
Review Source: Capterra

We appreciate the web based option for sheets to allow our remote workforce to access timecards, time off requests, and pay stubs from their locationsNo longer have to fill out and turn in paper time sheets. Its very easy to use for all level employees.

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Shaun D Simmons

If was any simpler it'd be illegal

Used daily for 6-12 months
Reviewed 2018-07-18
Review Source: Capterra

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.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 :-)

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Holly Proudlove

Love this software!

Used daily for 2+ years
Reviewed 2018-04-24
Review Source: Capterra

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!

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Geoff Jones

The BEST, most simple accounting software

Used daily for 2+ years
Reviewed 2019-03-07
Review Source: Capterra

With wave accounting I am able to easily create invoices and bills. I am able to effortlessly pay contractors & employees with direct deposit.Ease of use, customer service, price, features & design.

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Wave Payroll pricing

Starting from
$20/month
Pricing options
Free trial
Subscription
View Pricing Plans

USA pricing:
Tax service states (California, Florida, New York, Illinois and Washington): $35/base fee + $4 per employee/month
Self service states (All other 44 states): $20/base fee + $4 per employee/month

Canada pricing:
$20/base fee + $4 per employee/month

Wave Payroll features

Activity Dashboard
Automatic Reminders
Compliance Management
Employee Self Service
Reporting & Statistics

API (350 other apps)
Activity Tracking (183 other apps)
Applicant Tracking (212 other apps)
Automatic Notifications (290 other apps)
Customizable Branding (218 other apps)
Customizable Reporting (205 other apps)
Data Import/Export (202 other apps)
Employee Database (155 other apps)
Employee Management (246 other apps)
Employee Onboarding (160 other apps)
Employee Portal (173 other apps)
Real Time Reporting (167 other apps)
Recruiting Management (179 other apps)
Third Party Integration (217 other apps)
Time & Attendance Tracking (163 other apps)

Security and privacy

Encryption

Encryption of sensitive data at rest
HTTPS for all pages

Access control

Multi-factor authentication options

Data policy

Data backup in multiple locations/GEO regions
This will ask you to sign in with LinkedIn

Additional information for Wave Payroll

Key features of Wave Payroll

  • Tax calculations & deductions
  • Year-round record keeping
  • Records of employment
  • Information for tax forms
  • Direct deposit
  • Vacation tracking
  • Overtime tracking
  • Bonus tracking
  • Wave accounting integration
  • Payroll management
  • Approval process control
  • Compliance management
  • Activity dashboard
  • Data migration
  • Benefit calculations
  • Self-service pay stubs & tax forms
  • Reports
  • Automatic filings & payments
  • Payroll journal entries
  • Contact information management
  • Banking information management
  • Payroll reminders
  • Employee self-service portal
  • Self-service check printing
  • Secure collaboration with bookkeeper
  • 256-bit SSL encryption
View All Features

Benefits

Wave Payroll manages vacations, bonuses and other benefit calculations, and provides accurate pay stubs and reports.
In Canada, New York, California, Florida, Texas, Illinois and Washington, Wave’s complete payroll tax service can automatically pay and file state and federal payroll taxes.
Payroll journal entries automatically record as Wave Payroll connects seamlessly with the rest of a Wave account.
Supports direct deposits, allowing users to make deposits directly to employee your bank accounts quickly and reliably.
Employees can log into Wave securely to access their pay stubs and tax forms, and manage their contact and banking information.