WavePayroll vs IRIS Payrite Comparison

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

79% 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

IRIS Payrite

Payroll Software

Get Free Advice

Overview

Description

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

IRIS Payrite stands as a beacon of efficiency and sophistication in the payroll management landscape, serving over 40,000 employers throughout the UK. Designed to cater to a wide range of payroll needs, it offers unparalleled batch functionality for seamless 'no change' and 'change' payroll processing, ensuring operational efficiency. Its robust management reporting capabilities come with an extensive array of standard reports and an intuitive, built-in report writer, allowing for deep insights and easy customization. Whether running payroll weekly, fortnightly, monthly, or even yearly, IRIS Payrite adapts to the specific scheduling needs. Enhancing engagement and accessibility, the myIRIS web portal and mobile app, available for both Apple and Android devices, empower employees with self-service options, while enabling employers to uphold their brand relevance through customization. From delivering essential payroll documents like payslips and P60s to accommodating complex requirements such as Pay Spines and retrospective payments, IRIS Payrite is truly a comprehensive solution for modern payroll management. Read more

Pricing Options

Free Trial Not Available
Starts at $40.0.

Free Trial Not Available
Offers Custom plan.

SW Score & Breakdown

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%

79% 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

95%
Reviews

60%
Momentum

60%
Popularity

63%

Features

Total Features	15 Features	13 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 + 9 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 + 8 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) Online	24/7 (Live rep) Online
API Support	Available	NA

Reviews & Ratings

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

AI-Generated from the text of User Reviews

Pricing

Pricing Options	Free Trial Not Available Starts at $40.0.	Free Trial Not Available Offers Custom plan.
Pricing Plans Monthly Plans Annual Plans	Wave Payroll $40.00 $40.00 per month	IRIS Payrite Custom
	View Detailed Pricing	View Detailed Pricing

Alternatives

	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	PaymentEvolution 4.2 37 ratings IRIS Payrite Vs PaymentEvolution Hive Payroll IRIS Payrite Vs Hive Payroll Coverio IRIS Payrite Vs Coverio PayFit 4.4 34 ratings IRIS Payrite Vs PayFit Gen Payroll Software IRIS Payrite Vs Gen Payroll Software
	View All WavePayroll Alternatives	View All IRIS Payrite Alternatives