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PaidYET vs Wave: Which is a better fit?

Updated on February 17th, 2025
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Summary
Key features rated by users
Features selected based on 1,999 reviews from Accounts Receivable users.
% Fit
Missing features
Not enough reviews
Feature ratings
Accounting
--
Profit/Loss Statement
NA
Third-Party Integrations
NA
Billing & Invoicing
--
General Ledger
--
% Fit
High performer
Feature ratings
Accounting
4.4
Profit/Loss Statement
4.5
Third-Party Integrations
3.4
Billing & Invoicing
4.5
General Ledger
4.2
User satisfaction
4.7
User reviews51
Ease of use
4.8
Functionality
4.6
Value for money
4.6
Customer support
4.6
4.4
User reviews1,664
Ease of use
4.5
Functionality
4.2
Value for money
4.6
Customer support
4.0
Price starts from
Monthly subscription
Free version
Free trial
Monthly subscription
Free version
Free trial
Best for

Any size software, B2B SaaS, and Marketplace looking for a way to collect payments quickly, easily, and securely.

Wave helps small business owners, freelancers, solopreneurs, and consultants in the US and Canada manage accounting, payroll, invoicing, estimating and other processes.

User reviews
pros & cons
1 / 4
View Reviews
1 / 4
View Reviews
Video reviews
No video reviews yet
Matthew C
CEO
5.0

Matthew: My name's Matthew. My title is CEO/Founder. Company of one, and for rating for Wave Accounting, I would give it five stars. I really like it. For Wave, it's specifically for accounting and invoices and payroll. I had tried to do all of that stuff manually, but I had never used any other software before. So that's the first and only one that I've used. Basically, it was a recommendation from a former coworker that he had used it for his consulting business in the past and basically said you should look at it because it's a good value, it's good for small businesses, it's good to keep track of payments and invoices, and it doesn't really cost of a lot, so it's something you should research. And based off that research, I went ahead and signed up and I've been using it ever since. For me, it was pretty easy. I don't think there was anything too complicated. I guess it really just depends on what you're looking to get out of it. Like I said, I use mine for invoices primarily and keeping track of payments from clients. So there's a few other different features that you can utilize on there, but because those are my two main priorities, it was really easy just to get everything set up with the account, play around with all the different features, and at least get a few invoices written up. So I would say pretty easy. I would say if you're a small, medium business, it's definitely something that you should look into. It might not make sense for large corporate clients because maybe you have a lot more users or something like that. But for small, medium business, it's definitely something to look into. I mean, I would say especially also, the other thing is if you're not necessarily very knowledgeable about accounting practices or managing your books or keeping track of the ledger and invoices and stuff like that, payroll, this is a good way to help with that because they are able to walk you through each step-by-step part of the process. So I found that part to be helpful as well. So yeah, I would say it doesn't hurt for a small and medium business size owner to look at that and just consider it. But I've really enjoyed using it so far and I don't anticipate changing anytime soon.

How Capterra sources reviews
View all video reviews
User interface
No videos provided by vendor
178021 video thumbnail}
1 Video
144105
3 screenshots
178021
4 screenshots

PaidYET

26/44
  • Aging Tracking
  • Approval Process Control
  • Audit Trail
  • Customizable Templates
  • Document Management
  • Expense Tracking
  • Forecasting
  • Multi-Currency
  • Overpayment Processing
  • Profit/Loss Statement
  • Purchase Order Management
  • Receipt Management
  • Receivables Ledger
  • Sales Tax Management
  • Task Management
  • Third-Party Integrations
  • User Management
  • Workflow Management
  • Accounting
  • ACH Payment Processing
  • Activity Dashboard
  • Alerts/Notifications
  • API
  • Bank Reconciliation
  • Billing & Invoicing
  • Cash Flow Management
  • Check Processing
  • Contact Database
  • Credit Card Processing
  • Customer Statements
  • Customizable Reports
  • Data Import/Export
  • Discount Management
  • Financial Management
  • General Ledger
  • Invoice Processing
  • Online Payments
  • Partial Payments
  • Payment Collection
  • Real-Time Data
  • Recurring/Subscription Billing
  • Reminders
  • Reporting & Statistics
  • Self Service Portal
See All features
Hide Accounts Receivable Software Features -

Wave

26/44
Show Accounts Receivable Software Features +
PaidYET
Deployment
  • Cloud, SaaS, Web-Based
  • Desktop - Mac
  • Desktop - Windows
  • Desktop - Linux
  • Desktop - Chromebook
  • On-Premise - Windows
  • On-Premise - Linux
  • Mobile - Android
  • Mobile - iPhone
  • Mobile - iPad
Support
  • Email/Help Desk
  • FAQs/Forum
  • Knowledge Base
  • Phone Support
  • 24/7 (Live rep)
  • Chat
Training
  • In Person
  • Live Online
  • Webinars
  • Documentation
  • Videos
Wave
Deployment
  • Cloud, SaaS, Web-Based
  • Desktop - Mac
  • Desktop - Windows
  • Desktop - Linux
  • Desktop - Chromebook
  • On-Premise - Windows
  • On-Premise - Linux
  • Mobile - Android
  • Mobile - iPhone
  • Mobile - iPad
Support
  • Email/Help Desk
  • FAQs/Forum
  • Knowledge Base
  • Phone Support
  • 24/7 (Live rep)
  • Chat
Training
  • In Person
  • Live Online
  • Webinars
  • Documentation
  • Videos
PaidYET
  • By PaidYET
  • Located in United States
  • Founded in 2013
Wave
  • By Wave
  • Located in Canada
  • Founded in 2009
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