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10+ Wave Invoice Alternatives and Competitors

Wave Invoice

4.7 User Rating
$40.5 M Revenue
250+ No of Employees
2009 Founded
SaaS Industry
Billing And Invoicing Software Category
Kirk Simpson CEO

Wave Invoice is an online billing and invoicing software solution. This platform is designed for small businesses, consultants, and freelancers, to suit their invoicing and billing needs. Other than billing and invoicing, the Wave Invoice platform provides fantastic features for accounting payment tracking, credit card processing, finance management, and more. With Wave Invoice, users can access all customer information in one place, get invoice on-the-go, accept payments online, and get instant invoice notifications 100% free, with no trials, no limitations, and no hidden fees. Launched as part of Wave Accounting Inc. in July 2009, Wave Invoicing has been providing multiple businesses and organizations with high-end invoicing, personal finance, and receipt-scanning solutions. As Kirk Simpson and James Lochrie established the platform, the co-founders steered Wave Invoicing's solution as an easy and free invoicing software. Today, with over 100,000 users spanning across small businesses, consultants, and freelancers, Wave Invoicing becomes one of the best invoicing software to use, competing against its alternatives like Zoho Invoice, FreshBooks, PayPal Invoicing, ZipBooks, Simplybill, Express Invoice, and Microsoft Invoice.


Logo Name Rating CEO Pricing Founded Revenue Employees Location Reviews Customers
Freshbooks Invoice 4.8 Mike McDerment $6 2003 $65 M 404+ Toronto 1798+ Reviews 24000000+
Zoho Invoice 4.7 Sridhar Vembu $0 1996 $600 M 9100+ Chennai 1989+ Reviews 45000000+
Quickbooks Invoice 4.6 Sasan Goodarzi $5.34 1983 $16.7 M 9400+ California 1787+ Reviews 3200000+
PayPal Invoicing 4.6 Daniel Schulman Custom 1998 $17.8 B 21800+ California 1888+ Reviews 305000000+
Zipbooks 4.5 Tim Chaves $0 2015 $11 M 40+ Lehi 1878+ Reviews 1000+
Simplybill 4.5 Colin Heller $5 2008 $13 M 59+ Waco 1898+ Reviews 2000000+
Express Invoice 4.4 Peter Lupton $69.95 1993 $12 M 50+ Canberra 1879+ Reviews 18000000+
Hiveage 4.4 Lankitha Wimalarathna $0 2014 $7.8 M 50+ Boston 1898+ Reviews 65000+
Microsoft Invoicing 4.3 Satya Nadella $9.99 2015 $7.8 M 54+ Redmond 1978+ Reviews 120000000+
Bitrix24 Invoice 4.3 Sergey Rizhikov $0 1998 $25.8 M 166+ Virginia 1777+ Reviews 5000000+


Accounting software
  • $0
  • No set-up fees, no hidden charges, no monthly fee
  • Unlimited income and expense tracking
  • Add unlimited partners, collaborators or accountants
  • Fully functional double entry system. Generate financial statements for year-end
Receipt scanning
  • $0
  • No set-up fees, no hidden charges, no monthly fee
  • Unlimited receipt scanning with our free mobile app
  • Available on Android and iOS
  • Scan multiple receipts all at once

Key Employees

Image Name Designation Email ID Twitter Linkedin
Paul Marshall Chief Operating Officer N/A N/A
Emmanuel Ballerini Senior Software Engineer N/A N/A
Kerry Reynolds Vice President N/A N/A


“ Accounting is fun with FreshBooks ”

4/5 (overall) - Sursh P.
  • This software helps us to do all our Accounting Entries like Expenses, Sales, Purchase & Overall Organisation requirements.  It is excellent in terms of reporting.
  • I give a full 5 stars to this software and recommend it to all my clients.
  • We use cash-basis accounting, so it works for us, but if you carry inventory, I don’t think FreshBooks will support accrual accounting.
  • The bank reconciliation was officially “beta” until very recently.

“ Reasonable competitive software to QuickBooks ”

4/5 (overall) - Blake B.
  • Reports & data download faster due to the FreshBooks server setup.
  • The user interface is not very different from other entry-level accounting software, the data download speeds are much higher.
  • Quickbooks customer service is truly superb. Not only do they understand accounting, but also software and tech.
  • We had that service level expectation when we came to Freshbooks, and we were let down.

“ I wish I could rate it higher than a 10 ”

4.5/5 (overall) - Frank N.
  • It was so easy to add and remove third party apps if and when they were needed.
  • Plus, there were lots of options for third party apps that I could plug in or switch out as needed.
  • The only thing that is missing in freshbooks is that you can not estimate you tax in it you have to do it manually.
  • The accounting features are barely adequate, and the accounting functionality is more like a public beta than production software.


  • Access Control
  • Analytics
  • Accounting Integration
  • Application Integration
  • Assessment Management
  • Assignment Management
  • Billable Hours Tracking
  • Billing & Invoicing
  • Business Intelligence
  • List Management
  • Sales Force Automation
  • Sales Enablement
  • Team Collaboration
  • Performance Management
  • Process Management

Images & Videos

Q & A

What can I enjoy with Wave's invoicing?

Wave invoicing has a lot of features that you can enjoy that will allow you to streamline your invoice processes. Wave invoicing provides you multiple currency invoicing, seamless accounting integration, automated sales tax calculations, customizable payment terms, payment tracker for overdue invoices, credit card and bank payments, and more to mention.

Can I enjoy Wave through my mobile device?

Yes! You can also choose to access the wave app through your available Andriod and iOS mobile devices. With Wave mobile app, you can create invoices on the go get your payment faster, and run your invoices anytime, anywhere.

What are the supported files for Wave's invoicing templates?

Wave invoicing's templates are available in Word, Excel, PDF, Google Docs, and Google Sheets formats. You can also choose a wide variety of invoice types according to the specific use, such as for marketing business, consulting business, legal firm, professional business, and freelance business.

Is my data safe with Wave?

With Wave, guaranteed that all of your essential data are completely safe since the application's servers are protected with the standard security compliance, such as PCI-DSS Level 1 Service Provider. Rest assured that all of the transactions between you and Wave are highly protected by 256-bit SSL encryption.

Do I need to install the software?

When you want to utilize Wave on your desktop, there's no need for you to install it, for the application is 100% web-based. So, all you need to have is a stable internet connection and browser.

Why should I partner with Wave?

Being a partner of Wave means a lot to you. With Wave's partner program, the platform can help your business grow through referrals and key partner promotions. You can also enjoy the provided integrated solutions, which allows you to establish business trust and loyalty. Plus, if you're an independent software vendor that aims to boost your software, then you can register for access to the Wave API.