Payroll by Wave is a Simple Solution At A Reasonable Rate. Give it A Look
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Overview
What is Payroll by Wave?
Payroll by Wave is a cloud-based payroll management solution that caters to small businesses. Designed to simplify and automate payroll processes, Payroll by Wave helps businesses stay compliant with taxes and deductions while providing accurate pay stubs and reports. With features like tracking and...
Recent Reviews
Popular Features
- Pay calculation (5)10.0100%
- Salary revision and increment management (5)9.595%
- Direct deposit files (5)9.090%
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What is Payroll by Wave?
Wave Accounting headquartered in Toronto now offers Payroll by Wave, a payroll app for small businesses.
Entry-level set up fee?
- No setup fee
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
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Product Details
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What is Payroll by Wave?
Payroll by Wave is a cloud-based payroll management solution that caters to small businesses. Designed to simplify and automate payroll processes, Payroll by Wave helps businesses stay compliant with taxes and deductions while providing accurate pay stubs and reports. With features like tracking and managing vacations, benefits, and overtime accurately and efficiently, this software streamlines the entire process of calculating employee salaries.
Payroll journal entries are automatically recorded in a seamless connection with other accounts in a Wave account. Utilizing support for direct deposits allows users to make payments promptly to employee bank accounts reliably without any extra effort on their part. In addition, employees can access their pay stubs securely through the platform's portal along with tax forms that they may require for filing their own returns.
Overall, Payroll by Wave grants companies greater efficiency when it comes to calculating employee compensation. Backed by a 100% accuracy guarantee which ensures confidence in tax remittances as well as issuing pay stubs, new hire reporting, year-end tax forms etc., this tool saves time while making sure employers handle payroll matters correctly—every time.
Payroll by Wave Video
Short demo of Payroll by Wave's capabilities
Payroll by Wave Technical Details
| Operating Systems | Unspecified |
|---|---|
| Mobile Application | No |
Frequently Asked Questions
Wave Accounting headquartered in Toronto now offers Payroll by Wave, a payroll app for small businesses.
Reviewers rate Pay calculation highest, with a score of 10.
The most common users of Payroll by Wave are from Small Businesses (1-50 employees).
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Reviews and Ratings
(11)Attribute Ratings
Reviews
(1-6 of 6)Companies can't remove reviews or game the system. Here's why
- Payroll by Wave processes quickly and deposits to employee accounts automatically
- Simple process to review time sheets, bonuses, commissions, etc...
- Provides detailed reports
- Implement an employee time clock option through a separate link which automatically applies to the weekly time sheets.
- Option to further customize Payroll statements
- Add a per employee Payroll dashboard with the option to review rolling, quarterly, and weekly snapshot. Info to include gross pay, employer paid tax, employee paid tax, etc...
April 30, 2024
pay with WAVE
- easy to use
- has been very reliable.
- good transaction reports
- clean interface, no confusion
- Could offer automatic tax filing
- maybe not good for growing business
June 25, 2021
Global leader in payroll managment.
Payroll by Wave is a reliable platform for managing and updating payroll and ensure its prepared on time. The platform is used in our organization and has improved the way we manage our payroll, automating the process helping capture all the employees benefits and dues. It's efficient and has helped us address the business problem of having erroneous payroll that's prepared manually failing to capture the due employees' benefits and wages.
- It has a simple user-interface and fits perfectly in our organization.
- It's efficient and helps us update our payroll and ensure employee dues are paid on time.
- Customer support is available and willing to help all the time when one gets stuck somewhere using the plan reliably.
- Sometimes poor internet connections impede on the proper working of the platform.
Payroll by Wave is great, easy to use, intuitive payroll software. As a single owner/employee, I don't have need for a large scale or complicated system, and Wave offers a perfect solution at a very reasonable price point. Its easy to set up, and the customer support is top notch. It's literally just a few clicks of the mouse and payroll is taken care of.
- Time-saving: Everything is saved from one pay period to the next so it's very easy to click and run.
- Great price: Perfect for smaller businesses who don't need the extra bells and whistles
- Customer support: Any questions are addressed quickly, set up was a breeze.
- Can't think of any!
October 23, 2019
Makes payroll dead simple for small businesses
I use this to manage payroll for me and my small team. It makes paying employees and filing with the government super quick and easy.
- Simplified payroll filing.
- Easy to add/edit/remove employees.
- Integrates perfectly with my Wave bookkeeping.
- Additional filings such as WorkSafe, etc.
- More flexibility when it comes to paying a director.
September 06, 2016
A great tool... if you're already in the Wave ecosystem.
From the first time I got into the position of paying staff I've thought that the payroll process is overly complex for what needs to be accomplished. We contracted or hired a person to fill certain hours, roles or needs, so why is it so hard to reward them accordingly? Wave Payroll takes some of the headache, confusion, time and learning curve out of paying your employees. It onboards you quickly to the payroll process, and has you up and running with employee information in a matter of an hour as long as you have deposit and tax information on hand. The interface is easy and intuitive and settings are easy to find and change.
- An intuitive, clear UI helps you know where everything is, what options are at your disposal. Calendars and timelines show that Wave really thought out how to provide you with useful tool.
- Pay day can be automated and straightforward.
- Wave onboarding provides guidance at what information to input next until you are all set up.
- Payroll is a paid feature at $10 + $4/employee per month. I suppose this is a normal expense, but other payroll systems I've used, such as ones built into online banking, have cost me a fraction of this.