---
description: Learn more about Wave price, benefits, and disadvantages for businesses in South Africa. Read reviews from verified users and discover similar tools.
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title: Wave Price, Reviews & Features - Capterra South Africa 2026
---

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 1720 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** | 1720 Reviews |
| Ease of Use | 4.4/5 | Based on overall reviews |
| Customer Support | 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
- Accounts Payable
- Accounts Receivable
- Activity Dashboard
- Alerts/Notifications
- Bank Reconciliation
- Billing & Invoicing
- Budgeting/Forecasting
- Cash Management
- Chart of Accounts
- Commission Management
- Customer Statements
- Dashboard
- Data Import/Export
- Direct Deposit
- Expense Tracking
- Financial Analysis
- Financial Management
- Financial Reporting
- Fixed Asset Management
- For Real Estate
- Fund Accounting
- General Ledger
- Income & Balance Sheet
- Invoice Management
- Invoice Processing
- Multi-Currency
- PCI Compliance
- Payroll Management
- Payroll Reporting
- Profit/Loss Statement
- Project Accounting
- Purchase Order Management
- Receipt Management
- Receivables Ledger
- Recurring/Subscription Billing
- Reminders
- Reporting & Statistics
- Reporting/Analytics
- Revenue Recognition
- Tax Compliance
- Tax Management
- 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
- Chat

## Category

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

## Related Categories

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

## Alternatives

1. [QuickBooks Online](https://www.capterra.co.za/software/141374/quickbooks-online) — 4.3/5 (8437 reviews)
2. [PayPal](https://www.capterra.co.za/software/179251/paypal) — 4.6/5 (26392 reviews)
3. [Abby](https://www.capterra.co.za/software/1036470/abby) — 4.7/5 (604 reviews)
4. [QuickBooks Enterprise](https://www.capterra.co.za/software/46497/quickbooks-enterprise) — 4.5/5 (20636 reviews)
5. [Xero](https://www.capterra.co.za/software/169561/xero) — 4.4/5 (3290 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** | *06 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.

-----

### "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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### "For a free version, it sure dots the i's and crosses the t's\!" — 5.0/5

> **Verified Reviewer** | *23 February 2025* | Translation & Localization | Recommendation rating: 10.0/10
> 
> **Pros**: Its free version comes with everything I need in order to keep accurate and up-to-date accounting books. It even lets me do foreign currency invoices, something that I don't find in other free accounting systems.
> 
> **Cons**: I can't really say; I think that this free version is quite generous in its offerings. I sure hope that Wave will keep it\!
> 
> I've been a Wave customer for some years now. Although I've tried a couple of accounting systems simultaneously with using Wave, I always end up coming back to Wave.

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## Links

- [View on Capterra](https://www.capterra.co.za/software/178021/wave-apps)

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