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Compare Wave and Zoho Invoice 
At a Glance
Market Segments
Small-Business (95.2% of reviews)
Small-Business (83.1% of reviews)
Entry-Level Pricing
$20-$35 per month
$0 100% free. Forever.
Wave
Star Rating
(298)4.3 out of 5
Market Segments
Small-Business (95.2% of reviews)
Entry-Level Pricing
$20-$35 per month
Browse all 3 pricing plansZoho Invoice
Star Rating
(363)4.7 out of 5
Market Segments
Small-Business (83.1% of reviews)
Entry-Level Pricing
$0 100% free. Forever.
Learn more about Zoho InvoiceSummary
AI Generated Summary
AI-generated. Powered by real user reviews.
- Users report that Wave's invoice customization feature is user-friendly, allowing for easy adjustments to templates, but some reviewers mention that it lacks advanced customization options compared to Zoho Invoice, which offers a more robust template library and greater flexibility in design.
- Reviewers mention that Wave's quality of support is a common pain point, with a score of 7.7, while Zoho Invoice shines in this area with a score of 8.9, indicating that users find Zoho's support team more responsive and helpful when issues arise.
- Users on G2 highlight that Wave's recurring billing feature is functional but lacks some automation capabilities, whereas Zoho Invoice's recurring billing is praised for its automation and ease of setup, making it a preferred choice for businesses with subscription models.
- G2 users report that Wave's digital billing capabilities are decent, but they often find Zoho Invoice's digital billing features superior, particularly in terms of integration with payment gateways and ease of use.
- Reviewers mention that Wave's accounts receivable automation is limited, which can lead to manual tracking, while Zoho Invoice excels with its comprehensive AR automation tools that streamline the invoicing process and improve cash flow management.
- Users say that while Wave offers basic financial statements, Zoho Invoice provides more detailed and customizable reporting and analytics options, allowing businesses to gain deeper insights into their financial health.
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Pricing
Entry-Level Pricing
Wave
Pay your staff
$20-$35
per month
$20/month base fee in Canada + 44 states
$35/month base fee in California, Florida, New York, Texas, Illinois & Washington
$4 additional per employee added
- Includes direct deposit.
- Employee portal to check pay stubs and history.
- Perfect for salaried and hourly workers, full-time or part-time.
Zoho Invoice
Free
$0
100% free. Forever.
Ideal for small businesses and freelancers.
- Bill multiple customers
- Create invoices, retainers, and credit notes
- Create multi-currency & multi-lingual invoices
Free Trial
Wave
Free Trial is available
Zoho Invoice
No trial information availableRatings
Meets Requirements
8.6
241
9.2
287
Ease of Use
8.9
242
9.1
289
Ease of Setup
8.9
112
9.0
147
Ease of Admin
8.8
109
9.4
133
Quality of Support
7.7
159
8.9
235
Has the product been a good partner in doing business?
8.6
101
9.3
128
Product Direction (% positive)
8.0
232
9.3
283
Features by Category
General Ledger
7.9
47
|
Verified
Not enough data
7.9
38
|
Verified
Not enough data
7.6
37
|
Verified
Not enough data
Accounts Receivable
8.7
65
Not enough data
8.3
46
|
Verified
Not enough data
8.1
40
|
Verified
Not enough data
Accounts Payable
8.0
29
Not enough data
8.2
44
|
Verified
Not enough data
7.2
25
|
Verified
Not enough data
Other Functionality
6.8
21
|
Verified
Not enough data
7.1
23
|
Verified
Not enough data
6.7
22
Not enough data
7.1
25
|
Verified
Not enough data
7.1
26
|
Verified
Not enough data
7.7
38
|
Verified
Not enough data
7.0
21
|
Verified
Not enough data
7.1
20
|
Verified
Not enough data
Reporting & Analytics
8.3
66
|
Verified
Not enough data
7.9
53
|
Verified
Not enough data
7.7
34
|
Verified
Not enough data
8.6
64
|
Verified
Not enough data
Platform
7.5
53
|
Verified
Not enough data
7.7
35
|
Verified
Not enough data
7.9
49
|
Verified
Not enough data
7.5
23
|
Verified
Not enough data
8.4
58
|
Verified
Not enough data
8.0
48
|
Verified
Not enough data
Integration
8.0
43
|
Verified
Not enough data
7.5
26
Not enough data
6.9
26
|
Verified
Not enough data
Cash Flow
8.1
26
|
Verified
Not enough data
8.4
29
|
Verified
Not enough data
7.9
22
|
Verified
Not enough data
Budgeting & Forecasting
7.7
34
|
Verified
Not enough data
7.3
19
|
Verified
Not enough data
6.8
13
|
Verified
Not enough data
7.3
21
|
Verified
Not enough data
Revenue
8.2
22
|
Verified
Not enough data
7.7
17
|
Verified
Not enough data
7.4
15
Not enough data
Payroll
7.3
15
|
Verified
Not enough data
7.1
12
Not enough data
6.9
15
|
Verified
Not enough data
7.9
19
|
Verified
Not enough data
AI
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Mobile Applications - Accounting
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Bill Generation
8.0
33
8.9
129
8.4
36
9.4
120
8.2
32
9.0
104
Bill Processing
7.7
24
Feature Not Available
7.7
22
8.5
92
8.3
34
9.1
110
Integration
8.0
33
8.7
96
8.2
30
8.8
99
7.2
17
Feature Not Available
Reviews
Reviewers' Company Size
Wave
Small-Business(50 or fewer emp.)
Mid-Market(51-1000 emp.)
Enterprise(> 1000 emp.)
Zoho Invoice
Small-Business(50 or fewer emp.)
Mid-Market(51-1000 emp.)
Enterprise(> 1000 emp.)
Small-Business
(50 or fewer emp.)
Mid-Market
(51-1000 emp.)
Enterprise
(> 1000 emp.)
Reviewers' Industry
Marketing and Advertising
15.9%
Information Technology and Services
6.2%
Accounting
5.2%
Design
4.8%
Computer Software
3.5%
Other
64.4%
Information Technology and Services
17.4%
Marketing and Advertising
11.0%
Computer Software
7.6%
Accounting
7.0%
Management Consulting
3.7%
Other
53.4%
Most Helpful Reviews
Wave
Most Helpful Favorable Review
Paul J.
Verified User in Accounting
Wave is very simple and intuitive to use. It provides small business (they specifically focus on organizations with 0-9 employees) users with the main tools they need in order to effectively account for their business transactions. You can access multiple...
Most Helpful Critical Review
Ariam S.
Verified User in Hospitality
That it charges so much for transferring my funds.
Zoho Invoice
Most Helpful Favorable Review
Marsha B.
Verified User in Accounting
The ability to start and stop the timer on each project that I work on throughout the day eliminates the loss of billable time most service based providers struggle with due to lack of tracking. With the zoho invoice app on my android I can not only start...
Most Helpful Critical Review
Mark H.
Verified User in Information Technology and Services
I've just started a new business and have clients in both the UK and the U.S. Here's the problem: you can no longer change a client's currency. Zoho now wants you to upgrade to their Zoho Billing tool for that - calling multi-currency support an "advanced...
Paul J.
Verified User in Accounting
Wave is very simple and intuitive to use. It provides small business (they specifically focus on organizations with 0-9 employees) users with the main tools they need in order to effectively account for their business transactions. You can access multiple...
Marsha B.
Verified User in Accounting
The ability to start and stop the timer on each project that I work on throughout the day eliminates the loss of billable time most service based providers struggle with due to lack of tracking. With the zoho invoice app on my android I can not only start...
Ariam S.
Verified User in Hospitality
That it charges so much for transferring my funds.
Mark H.
Verified User in Information Technology and Services
I've just started a new business and have clients in both the UK and the U.S. Here's the problem: you can no longer change a client's currency. Zoho now wants you to upgrade to their Zoho Billing tool for that - calling multi-currency support an "advanced...
Discussions
Is wave a good accounting software?
2 comments
MM
Yeah. It has most of the features required by a small business. You can request the team if you need anything in particular Read more
What is Wave Software?
2 comments
MM
Wave software is an easy to use Payroll and Accounting software. You can create invoices, send billings, track expenses, and all normal transactions...Read more
When will the VAT summary table be displayed in the Invoice PDFs? What should I do to enable it?
1 comment
AK
The table will be displayed after entering the tax rate details of the product/ service description. To enable this table and make other changes to the...Read more
Can we get triplicate invoice?
1 comment
ZC
Hi Deepak! Thanks for reaching out. In Zoho Invoice, you have the option to choose your default print preference under Settings > Preferences > General...Read more
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