---
description: Get detailed information about Wave usability, features, price, benefits and disadvantages from verified user experiences. Read reviews and discover similar tools on Capterra Israel.
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title: Wave Price, Reviews & Ratings - Capterra Israel 2026
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Breadcrumb: [Home](/) > [PEO Software](/directory/32442/peo/software) > [Wave](/software/178021/wave-apps)

# Wave

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> Accounting solution that helps businesses automate invoicing, payroll management, estimating, invoicing, and bookkeeping tasks.
> 
> Verdict: Rated **4.4/5** by 1722 users. Top-rated for **Likelihood to recommend**.

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## Overview

### Who Uses Wave?

Wave helps small business owners, freelancers, solopreneurs, and consultants in the US and Canada manage accounting, payroll, invoicing, estimating and other processes.

## Quick Stats & Ratings

| Metric | Rating | Detail |
| **Overall** | **4.4/5** | 1722 Reviews |
| Ease of Use | 4.4/5 | Based on overall reviews |
| Customer Support Software | 4.0/5 | Based on overall reviews |
| Value for Money | 4.6/5 | Based on overall reviews |
| Features | 4.2/5 | Based on overall reviews |
| Recommendation percentage | 80% | (8/10 Likelihood to recommend) |

## About the vendor

- **Company**: Wave
- **Location**: Toronto, Canada
- **Founded**: 2009

## Commercial Context

- **Starting Price**: US$19.00
- **Pricing model**: Flat Rate (Free version available) (Free Trial)
- **Pricing Details**: Wave offers a free version under the Starter plan with basic bookkeeping and invoicing features. The Pro plan is available at $19 USD per month with additional features.
- **Target Audience**: Self Employed, 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+
- **Deployment & Platforms**: Cloud, SaaS, Web-based, Android (Mobile), iPhone (Mobile)
- **Supported Languages**: English
- **Available Countries**: Australia, Canada, China, Germany, India, Japan, United Kingdom, United States

## Features

- ACH Payment Processing
- Accounting Software
- Accounts Payable Software
- Accounts Receivable Software
- Activity Dashboard
- Alerts/Notifications
- Bank Reconciliation
- Billing & Invoicing
- Budgeting/Forecasting
- Cash Management
- Chart of Accounts
- Commission Management
- Customer Statements
- Dashboard Software
- Data Import/Export
- Direct Deposit
- Expense Tracking
- Financial Analysis
- Financial Management Software
- Financial Reporting Software
- Fixed Asset Management Software
- For Real Estate
- Fund Accounting Software
- General Ledger Software
- Income & Balance Sheet
- Invoice Management
- Invoice Processing
- Multi-Currency
- PCI Compliance Software
- Payroll Management
- Payroll Reporting
- Profit/Loss Statement
- Project Accounting Software
- Purchase Order Management
- Receipt Management
- Receivables Ledger
- Recurring/Subscription Billing
- Reminders
- Reporting & Statistics
- Reporting/Analytics
- Revenue Recognition Software
- Tax Compliance
- Tax Management Software
- Third-Party Integrations
- Time & Expense Tracking
- Transaction Management

## Integrations (6 total)

- Gmail
- Google Sheets
- Microsoft Outlook
- PayPal
- Shoeboxed
- Zapier

## Support Options

- Email/Help Desk
- FAQs/Forum
- Knowledge Base Software
- Chat

## Category

- [PEO Software](https://www.capterra.co.il/directory/32442/peo/software)

## Related Categories

- [PEO Software](https://www.capterra.co.il/directory/32442/peo/software)
- [Direct Deposit Payroll Software](https://www.capterra.co.il/directory/32598/direct-deposit-payroll/software)
- [Payroll Software](https://www.capterra.co.il/directory/30202/payroll/software)
- [Human Resources (HR) Software](https://www.capterra.co.il/directory/5/human-resource/software)
- [Accounting Software](https://www.capterra.co.il/directory/1/accounting/software)

## Alternatives

1. [QuickBooks Online](https://www.capterra.co.il/software/141374/quickbooks-online) — 4.3/5 (8451 reviews)
2. [PayPal](https://www.capterra.co.il/software/179251/paypal) — 4.6/5 (26419 reviews)
3. [Abby](https://www.capterra.co.il/software/1036470/abby) — 4.7/5 (604 reviews)
4. [QuickBooks Enterprise](https://www.capterra.co.il/software/46497/quickbooks-enterprise) — 4.5/5 (20642 reviews)
5. [Xero](https://www.capterra.co.il/software/169561/xero) — 4.4/5 (3294 reviews)

## Reviews

### "Wave Recent Changes in Experience" — 3.0/5

> **Amanda** | *19 April 2025* | Marketing & Advertising | Recommendation rating: 8.0/10
> 
> **Pros**: I've used Wave for 5 years. It's very easy to use and can help process payroll, send invoices and keep track of expenses.
> 
> **Cons**: In the recent past, I've had issue with them processing tax payments on time, and their support has significantly decreased from the past.

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### "Must have for small businesses looking to grow\!" — 5.0/5

> **Pauline** | *27 July 2025* | Hospitality | Recommendation rating: 10.0/10
> 
> **Pros**: Invoicing options. Ability to collect payment on invoices. Connecting banking transactions and reconciliations. For a small business having a payroll program that's affordable and manageable while they take care of remittances and off boarding. Financial tracking for profit and loss reports is extremely helpful as well. Open chat system with questions and answers; If answers aren't readily available, the support team follows up with an email to assist.  The automation with sync banking and categorizing expenses and income is vey useful for identifying balancing books keeping your tasks on track.
> 
> **Cons**: Not sure if it's been updated or integrated as of yet; the ability to have a schedule and dispatch for jobs related to the invoices.
> 
> Been very pleased with the services as a well rounded provider. Would recommend for any and all new businesses just starting out that need assistance with Payroll, Bookkeeping, Accounting, Invoicing. This platform has enabled me to grow my business without the huge additional costs that other providers charge for features you're not ready for.

-----

### "Wave is free but has limited customer support" — 2.0/5

> **Tim** | *6 March 2026* | Retail | Recommendation rating: 2.0/10
> 
> **Pros**: The starter edition is free which is awesome, you are able to process payroll, invoice clients and perform monthly accounting at no cost.  There is a small fee for accepting credit card payments which is standard amongst other payment providers.
> 
> **Cons**: Customer support is non existent.  Never thought this was a concern until Wave switched payroll processors and caused the system to crash.  Wave went silent for weeks, only resolve was to email the company and those went unanswered.  Had to turn to Redditt for workarounds, worst part was Wave never took responsibility for their mistake, switched to another provider which I pay for but willing to do so after my experience with Wave.
> 
> If you want a free payroll and accounting provider, Wave fits the bill.  If problems arise, you might be on your own and dealing with the consequences for months.

-----

### "Meets most of my needs\!" — 4.0/5

> **Kristyne** | *24 February 2026* | Hospitality | Recommendation rating: 7.0/10
> 
> **Pros**: Wave automatically imports my transactions from my financial accounts (bank accounts, credit card, etc.) to streamline my financial reporting.  I love that I can see how much income, expenses, and profit I made in each period and compare it prior periods.  My monthly subscription is $19, which feels like a great value.
> 
> **Cons**: I tried to set up a way to send invoices and receive payments through Wave, but even after I was approved, they removed my access due to a blanket assumption around travel agencies.  I now need to use an alternative solution for invoicing and collecting payments.

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### "Best free invoicing and financial management platform in Canada" — 4.0/5

> **Aaron** | *20 October 2025* | Marketing & Advertising | Recommendation rating: 10.0/10
> 
> **Pros**: Wave has very solid web and app platforms. It's easy to navigate and makes the quoting, invoicing, and payment processes very streamlined -- while accepting payments from all major credit cards in Canada. The free version is already very useful for businesses just starting out, or those that are still in the early growth phase, but they also have an affordable paid version that adds a suite of automations and expense / receipt management functions to further boost productivity.
> 
> **Cons**: 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).

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## Links

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