QuickBooks Payroll vs WavePayroll Comparison

91% 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

QuickBooks Payroll

Payroll Software

4.4 626 user ratings

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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

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Overview

Description	QuickBooks Payroll is an intuitive accounts management software for small businesses, helping them with sales tracking and invoice generation. Also, with QuickBooks Payroll’s easy-to-use interface, an individual can ditch rigorous training in accounting or finance-related tasks. Integrated QuickBooks Mobile functionality can be utilised to connect an individual’s bank account and then import and categorise transactions, automatically. Furthermore, this accounting software helps companies to access an account, stay in business and be well informed all the time. QuickBooks Payroll ensures organisations create custom/professional invoices and sales receipts incorporated with accurate estimations alike. Moreover, the customisable reports and dashboards provided by this accounting software help leaders to understand how their business is performing at present. With this software, organisations can also schedule recurring payments to save time. QuickBooks Payroll can even help organisations to track billable hours by client or employee. 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 Starts at $42.5.	Free Trial Not Available Starts at $40.0.
SW Score & Breakdown	91% 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 98% Reviews 86% Momentum 72% Popularity 69%	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%
SaaSworthy Awards	# 10 Highly Rated	Not Available

Features

Total Features	15 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 EOR Services Facilitates the management of employment-related responsibilities, compliance, and HR functions associated with Employer of Record (EOR) services 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 + 10 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 EOR Services Facilitates the management of employment-related responsibilities, compliance, and HR functions associated with Employer of Record (EOR) services 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 Mobile - Android Mobile - iOS	SaaS/Web/Cloud Mobile - Android Mobile - iOS
Modes of Support	24/7 (Live rep) Business Hours Online	24/7 (Live rep) Business Hours Online
API Support	NA	Available

Reviews & Ratings

User Rating	4.4/5 626 user ratings	4.3/5 85 user ratings
Rating Distribution	Excellent 56.2% Very Good 30.7% Average 8.6% Poor 0.5% Terrible 4%	Excellent 65.9% Very Good 14.1% Average 11.8% Poor 2.4% Terrible 5.9%
User Sentiments	Ease of Use, Automated Payroll Features, Convenient Online Accessibility, Accurate Tax Calculations Lackluster Customer Support, Occasional Software Glitches, Difficulty With Payroll Adjustments, Limited Functionality For Larger Businesses	Not Available
Review Summary	QuickBooks Payroll receives mixed reviews. Users praise its ease of use, integration with other QuickBooks products, and automatic tax calculations. However, several users complain about customer support, reporting issues, and the program's complexity. Some find the price exorbitant compared to other payroll solutions, while others report frequent glitches. Overall, QuickBooks Payroll is a decent option if you're already invested in the QuickBooks ecosystem, but other solutions may be a better choice for businesses with more complex payroll needs or budget constraints.	Not Available
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Pricing

Pricing Options	Free Trial Available Starts at $42.5.	Free Trial Not Available Starts at $40.0.
Pricing Plans Monthly Plans Annual Plans	Payroll Core + Simple Start $42.50 $42.50 per month Payroll Core + Essentials $57.50 $57.50 per month Payroll Premium + Plus $92.00 $92.00 per month	Wave Payroll $40.00 $40.00 per month
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