Hive Payroll vs WavePayroll Comparison

78% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Hive Payroll

Payroll Software

Get Free Advice

87% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

WavePayroll

Payroll Software

4.3 85 user ratings

Get Free Advice

Overview

Description

Hivepayroll is a comprehensive payroll management software that offers a suite of features to increase HR efficiency of your business. It combines multiple features like HR solutions, timesheets and HRIS software into one package. Hivepayroll is a cloud-based solution that ensures maximum data security and accessibility for the users. The system can make all the necessary payroll calculations and instantly generate payslips that are ready for employee distribution. This saves a lot of valuable time. For Indian businesses, TDS calculations are automatically done within the tool itself. Timesheet, attendance, and leave management can all be managed through the Hivepayroll without having to use additional software just for that. It is designed to follow all the statutory compliance mandatory by the government. Hivepayroll offers detailed reporting and analytics to help your business understand the key pointers and make amends in employee management accordingly. Read more

Wave is a payroll management platform that offers you an intuitive dashboard to keep track of your earnings, spending, payments, and invoices. This configurable invoicing software gets you paid, saves you time, and takes the worry out of client data management. With Wave Payroll, you can issue professional invoices, be paid quickly with a credit card, and have Wave send delinquent warnings on your behalf. You can create and send professional invoices to your clients in seconds. You can ensure that you get paid timely, every time and stop chasing money by setting up regular invoices and automated credit card payments for your recurrent clients. You can choose between automatic and manual billing at any time. With Wave Payroll, you get a free accounting software that instantly syncs all of your invoicing and payment information in one spot. You can view your history with each client, from bills to automatic reminder emails, to get a clear picture of what to focus on. With Wave's free iOS and Android applications, you can send invoices anytime and anywhere you want. Read more

Pricing Options

Free Trial Available

Free Trial Not Available
Starts at $40.0.

SW Score & Breakdown

78% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

84%
Reviews

60%
Momentum

60%
Popularity

75%

87% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

99%
Reviews

79%
Momentum

64%
Popularity

71%

Features

Total Features	8 Features	15 Features
Common Features for All	Attendance Tracking Helps to quickly and easily track the attendance Benefits Management Helps in monitoring and managing non-wage compensation given to employees besides their regular salaries or wages. Check Printing Allows previewing and printing standard and customized paychecks Compensation Management Manages employee compensation related data in an organized and automated manner Deductions Management Helps optimizing deductions workflow and assist in calculating various deductions or additions like ESI, PF, integrating leave, performance Direct Deposit Supports direct deposit which is the most popular method for giving paycheques to employees in an electronic form Leave Tracking (Vacation) Assist in keeping track of leave and holidays for easing the payment calculation process Multi-Currency Enables payment and collection in multiple currencies. Self Service Portal Provides the employees with a website where they can update their accounts, make bill payments, avail necessary information and other self-help functions Tax Filing Allows the filing of payroll tax forms for federal, state, and local taxes. W-2 Preparation Helps electronically preparing the W-2 form that reveals the total gross income of an employee. Wage Garnishment Helps in deducting the amount from an employee's monetary compensation including salary as per a court order to pay off debt + 4 More - Show Less	Attendance Tracking Helps to quickly and easily track the attendance Benefits Management Helps in monitoring and managing non-wage compensation given to employees besides their regular salaries or wages. Check Printing Allows previewing and printing standard and customized paychecks Compensation Management Manages employee compensation related data in an organized and automated manner Deductions Management Helps optimizing deductions workflow and assist in calculating various deductions or additions like ESI, PF, integrating leave, performance Direct Deposit Supports direct deposit which is the most popular method for giving paycheques to employees in an electronic form Leave Tracking (Vacation) Assist in keeping track of leave and holidays for easing the payment calculation process Multi-Currency Enables payment and collection in multiple currencies. Self Service Portal Provides the employees with a website where they can update their accounts, make bill payments, avail necessary information and other self-help functions Tax Filing Allows the filing of payroll tax forms for federal, state, and local taxes. W-2 Preparation Helps electronically preparing the W-2 form that reveals the total gross income of an employee. Wage Garnishment Helps in deducting the amount from an employee's monetary compensation including salary as per a court order to pay off debt + 9 More - Show Less
Unique Features	401(k) Tracking Helps to track and manage matters concerning 401(k) that is a retirement savings plan sponsored by an employer. Multi-country Supports electronically transfer of payments to employees regardless of the country or state Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time	401(k) Tracking Helps to track and manage matters concerning 401(k) that is a retirement savings plan sponsored by an employer. Multi-country Supports electronically transfer of payments to employees regardless of the country or state Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time

Technical Details

Organization Types Supported	Freelancers Large Enterprises Medium Business Small Business	Freelancers Large Enterprises Medium Business Small Business
Platforms Supported	SaaS/Web/Cloud	SaaS/Web/Cloud
Modes of Support	24/7 (Live rep) Online	24/7 (Live rep) Online
API Support	NA	Available

Reviews & Ratings

User Rating	Not Available	4.3/5 85 user ratings
Rating Distribution	Not Available	Excellent 65.9% Very Good 14.1% Average 11.8% Poor 2.4% Terrible 5.9%
		Read All User Reviews

AI-Generated from the text of User Reviews

Pricing

Pricing Options	Free Trial Available	Free Trial Not Available Starts at $40.0.
Pricing Plans Monthly Plans Annual Plans	Standard Others Premium Others Ultimate Others	Wave Payroll $40.00 $40.00 per month
	View Detailed Pricing	View Detailed Pricing

Alternatives

	Paybooks 4.8 16 ratings Hive Payroll Vs Paybooks Zoho Payroll Hive Payroll Vs Zoho Payroll PayrollPanda 4.6 91 ratings Hive Payroll Vs PayrollPanda Gen Payroll Software Hive Payroll Vs Gen Payroll Software SumoPayroll 3.9 10 ratings Hive Payroll Vs SumoPayroll	QuickBooks Payroll 4.4 626 ratings WavePayroll Vs QuickBooks Payroll Wave 4.1 1,834 ratings Paybooks 4.8 16 ratings WavePayroll Vs Paybooks TimePay Square Payroll 4.5 1,808 ratings WavePayroll Vs Square Payroll
	View All Hive Payroll Alternatives	View All WavePayroll Alternatives