Wave Payroll Review

Merchant Maverick’s ratings are editorial in nature, and are not aggregated from user reviews. Each staff reviewer at Merchant Maverick is a subject matter expert with experience researching, testing, and evaluating small business software and services. Merchant Maverick’s ratings are not influenced by affiliate partnerships. Similar to its payroll processing features, Wave Payroll offers just enough employee management and PTO features to be functional.

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Compared to other payroll solutions, Wave Payroll’s pricing is on the lower end — as is the number of features it supports. Employees can use self-service accounts to view pay stubs, updated information and access tax forms. We believe everyone should be able to make financial decisions with confidence. Create beautiful invoices, accept online payments, and make accounting easy—all in one place. We totally get it—running payroll for your small business can seem like a bookkeeping 101 daunting task, especially when you’ve got so much on your plate.

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By providing feedback on how we can improve, you can earn gift cards and get early access to new features. Refer to our Advertising Disclosure to learn more about how we earn compensation from affiliate partnerships and how we maintain our independent editorial integrity. Wave Payroll doesn’t publish a list of its integrations but does integrate with Google Sheets and Zapier, which functions as a bridge to over 1,000 applications. It also has an open API and, of course, integration with native Wave software. Wave Payroll earned a solid 4.1/5 stars in the review category, as users generally approve of the software.

Payroll Processing

On the contrary, it’s a great payroll software for businesses with basic payroll needs. Additionally, Wave is perfect for small businesses already using Wave products or businesses looking to integrate simple accounting software with payroll software. While the software provides just enough features to run payroll, there are so many basic features missing that you’d expect from payroll processing software. What you may gain in affordability, you lose in functionality.

Payroll pricing

Wave Payroll’s simple, low-cost features may be basic but they’re well-suited for small businesses needing an affordable all-in-one accounting and payroll solution. You don’t have to wait for a new quarter or year to start using payroll software—you can start running payroll at any time! And if you’re switching providers, you can make the transition easily by importing all the necessary forms and information in just a few minutes. Check out our handy support article to learn how you can switch to using Wave’s payroll feature. Payroll software saves you time so you can focus on the best parts of running your business.

1. Its plans, prices, and features are fairly standard, comparable to competitors like SurePayroll and Square Payroll.
2. Any connections between you, your bank accounts, and Wave are protected by 256-bit SSL encryption.
3. Not to mention the stress of worrying about making errors and winding up in a tax audit (yikes!).Payroll software saves you time so you can focus on the best parts of running your business.
4. Wave’s tax-service (aka full-service) plan adds automatic payroll tax filing to its list of software tasks.
5. “It’s not just a cool piece of software, it is giving peace of mind to people.” You deserve to know your taxes aren’t something you have to sweat over the entire calendar year.”

You can add deductions for benefits through Wave but will need to purchase and manage benefits separately. “Wave invoicing makes your life a whole lot easier and takes that worry off you. I’ve tried Quickbooks—it’s a bit more complicated and technical, and takes more how to track personal and business expenses in quickbooks time to set up.” Only pay for what you use and simplify annual audits with workers’ comp built for small business owners.

We’ve also crafted a guide to small business payroll to help you navigate the process. At Business.org, our research is meant to offer general product and service recommendations. We don’t guarantee that our suggestions will work best for each individual or business, so consider your unique needs when choosing products and services. You can’t call Wave for help, which is frustrating.