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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Clockify

    Score8.6 out of 10
    Small Businesses (1-50 employees)
    Clockify, from COING in Palo Alto, is a time tracker and employee timesheet software for teams of all sizes. Clockify lets users track how much time is spent working on tasks, as well as keep track of employee timesheets and billable hours, project completion, reports, and schedules.

    $0

    forever, unlimited everything

    Wave Accounting

    Score7.3 out of 10
    N/AWave Accounting is a free, cloud-based accounting platform exclusively for small businesses. It supports double-entry bookkeeping and permits unlimited user access, invoicing, and expense management. Wave Accounting integrates with Wave's invoicing, receipt scanning, payment processing and payroll apps.

    $16

    per month

    Pricing
    ClockifyWave Accounting
    Editions & Modules
    Clockify Free
    $0
    forever, unlimited everything
    Clockify Plus
    $9.99
    per month, per workspace
    Clockify Enterprise
    $9.99
    per month, per user, per workspace
    Clockify Premium
    $29.99
    per month, per workspace
    Clockify Server
    Starts at 450
    Starter
    $0
    Pro
    $16
    per month
    Pro - billed annually
    $170
    per year
    Offerings
    Pricing Offerings
    ClockifyWave Accounting
    Free Trial
    YesNo
    Free/Freemium Version
    YesYes
    Premium Consulting/Integration Services
    YesNo
    Entry-level Setup FeeOptionalNo setup fee
    Additional DetailsUnlimited usage and number of users for free. Paid plans are solely for access to additional features. Self-hosting software on own servers available.—
    More Pricing Information
    Community Pulse
    ClockifyWave Accounting
    Considered Both Products
    CAKE.com, Inc
    No answer on this topic
    Wave
    No answer on this topic
    Key User Insights
    Would buy again
    92%
    Would buy again
    12 Answers
    53%
    Would buy again
    8 Answers
    Delivers good value for the price
    92%
    Delivers good value for the price
    12 Answers
    67%
    Delivers good value for the price
    10 Answers
    Happy with the feature set
    85%
    Happy with the feature set
    11 Answers
    67%
    Happy with the feature set
    10 Answers
    Lived up to sales and marketing promises
    89%
    Lived up to sales and marketing promises
    8 Answers
    54%
    Lived up to sales and marketing promises
    7 Answers
    Implementation went as expected
    91%
    Implementation went as expected
    10 Answers
    73%
    Implementation went as expected
    11 Answers
    Features
    ClockifyWave Accounting
    Payroll Management
    Comparison of Payroll Management features of Clockify and Wave Accounting
    Feature
    Clockify
    -
    Ratings
    Wave Accounting
    6.2
    24 Ratings
    20% below category average
    Pay calculation00 Ratings7.123 Ratings
    Benefit plan administration00 Ratings7.54 Ratings
    Direct deposit files00 Ratings1.220 Ratings
    Salary revision and increment management00 Ratings7.712 Ratings
    Reimbursement management00 Ratings7.48 Ratings
    Customization
    Comparison of Customization features of Clockify and Wave Accounting
    Feature
    Clockify
    -
    Ratings
    Wave Accounting
    8.5
    13 Ratings
    12% above category average
    API for custom integration00 Ratings9.99 Ratings
    Plug-ins00 Ratings7.011 Ratings
    Security
    Comparison of Security features of Clockify and Wave Accounting
    Feature
    Clockify
    -
    Ratings
    Wave Accounting
    6.4
    45 Ratings
    24% below category average
    Single sign-on capability00 Ratings6.432 Ratings
    Role-based user permissions00 Ratings6.436 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Clockify and Wave Accounting
    Feature
    Clockify
    -
    Ratings
    Wave Accounting
    9.5
    73 Ratings
    19% above category average
    Dashboards00 Ratings9.471 Ratings
    Standard reports00 Ratings9.770 Ratings
    Custom reports00 Ratings9.337 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Clockify and Wave Accounting
    Feature
    Clockify
    -
    Ratings
    Wave Accounting
    7.4
    76 Ratings
    3% below category average
    Accounts payable00 Ratings9.659 Ratings
    Accounts receivable00 Ratings9.670 Ratings
    Cash management00 Ratings9.862 Ratings
    Bank reconciliation00 Ratings8.565 Ratings
    Expense management00 Ratings9.664 Ratings
    Time tracking00 Ratings9.811 Ratings
    Fixed asset management00 Ratings9.812 Ratings
    Multi-currency support00 Ratings10.019 Ratings
    Multi-division support00 Ratings7.19 Ratings
    Regulations compliance00 Ratings5.016 Ratings
    Electronic tax filing00 Ratings5.914 Ratings
    Self-service portal00 Ratings8.040 Ratings
    Global Financial Support00 Ratings9.02 Ratings
    Primary and Secondary Ledgers00 Ratings9.05 Ratings
    Intercompany Accounting00 Ratings4.05 Ratings
    Localizations00 Ratings5.23 Ratings
    Journals and Reconciliations00 Ratings8.530 Ratings
    Enterprise Accounting00 Ratings4.07 Ratings
    Configurable Accounting00 Ratings5.017 Ratings
    Centralized Rules Framework00 Ratings1.03 Ratings
    Standardized Processes00 Ratings7.019 Ratings
    Inventory Management
    Comparison of Inventory Management features of Clockify and Wave Accounting
    Feature
    Clockify
    -
    Ratings
    Wave Accounting
    8.1
    11 Ratings
    11% above category average
    Inventory tracking00 Ratings5.68 Ratings
    Automatic reordering00 Ratings9.95 Ratings
    Location management00 Ratings8.12 Ratings
    Manufacturing module00 Ratings9.01 Ratings
    Order Management
    Comparison of Order Management features of Clockify and Wave Accounting
    Feature
    Clockify
    -
    Ratings
    Wave Accounting
    7.6
    53 Ratings
    3% above category average
    Pricing00 Ratings9.926 Ratings
    Order entry00 Ratings10.018 Ratings
    Credit card processing00 Ratings2.345 Ratings
    Cost of goods sold00 Ratings10.034 Ratings
    Order Orchestration00 Ratings5.85 Ratings
    End-to-end order visibility00 Ratings8.24 Ratings
    Order exception Resolution00 Ratings7.02 Ratings
    Best Alternatives
    ClockifyWave Accounting
    Small Businesses
    Time Doctor
    Score8 out of 10
    QuickBooks Self-Employed (discontinued)
    Score4.2 out of 10
    Medium-sized Companies
    Toggl Track
    Score9 out of 10
    MYOB
    Score8.3 out of 10
    Enterprises
    TimeCamp
    Score7.3 out of 10
    Microsoft Dynamics GP
    Score5.4 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    ClockifyWave Accounting
    Likelihood to Recommend
    8.8
    (13 ratings)
    9.4
    (82 ratings)
    Likelihood to Renew
    10.0
    (1 ratings)
    7.8
    (3 ratings)
    Usability
    9.5
    (3 ratings)
    9.7
    (17 ratings)
    Availability
    10.0
    (1 ratings)
    6.7
    (4 ratings)
    Performance
    9.0
    (1 ratings)
    2.9
    (2 ratings)
    Support Rating
    8.2
    (4 ratings)
    2.1
    (12 ratings)
    Online Training
    -
    (0 ratings)
    4.7
    (3 ratings)
    CPA Rating
    -
    (0 ratings)
    8.0
    (8 ratings)
    Product Scalability
    10.0
    (1 ratings)
    3.0
    (2 ratings)
    User Testimonials
    ClockifyWave Accounting
    Likelihood to Recommend
    CAKE.com, Inc
    Clockify is an easy 10 over 10 recommendation for me. I would recommend this anyone especially if they're required to track their time and productivity while on the job. Office workers, tellers, bankers - any desk jobs really can very well use the awesome features of Clockify to the fullest extent. It is easy to use, very simple to set up, and doesn't require that much resource from your computer for up-keep
    Incentivized
    Read full review
    Wave
    Wave Accounting was used for a small practice without a lot of the accounting considerations a large company would have. For the price, you really can't beat what Wave offers out of the box. All of the basic tools for things like invoicing and expenses are all easy to use. End of year accounting is easy with exports of data.
    Incentivized
    Read full review
    Pros
    CAKE.com, Inc
    • Clockify records exact times on a per project basis when you click Start/Stop.
    • User interface is very easy. It is easy to add a project on the fly, change the times I just recorded if I forgot to click Stop for example. The interface is intuitive and gives me the flexibility I need.
    • Reporting gives me everything I need from times, hours per project, billable or not, per client and any tags I've created. This provides enough flexibility for many different use cases.
    Incentivized
    Read full review
    Wave
    • Reconciliation is very difficult with multiple Wave transactions that need to be deleted or merged before it can be matched to a bank transaction.
    • Payroll worked fine for us but took several days to get it set up. We have switched to another bookkeeping system and another payroll system. Canceling with Wave took several days and they charge $6 for something even though the month was paid for in advance.
    • Credit card processing is nice and worked fine for us.
    Read full review
    Cons
    CAKE.com, Inc
    • In general, manuals or how to use instructional videos are always welcome - just covering the very basic are very good to get everyone up and running.
    • Maybe work on your scalability - the main reason why we switched to a different provider is because the company was ramping up and the competitors have more features that come with not just time and productivity tracking.
    • I always like the classic blue and white pallets on the app but sometimes I just wish there's more option to customize how it looks just to give it a little more flavor.
    Incentivized
    Read full review
    Wave
    • I know that credit card processing is a way for Wave to make money, but I really wish they offered ACH payment on Invoices.
    • I do cash-based accounting, which means I have to make little journal entries at the start and end of each year to get my books to balance because Wave wants to do everything differently. This should just be a setting to flip, whether you want cash-based or accrual-based.
    • They use Yodlee for bank connection, which doesn't play nice with 2FA. Pretty much every time I log in I have to re-enter credentials, get a code sent to me, reauthenticate, and know that I'm going to have to do it again next week. Not really on Wave, but wish they could get it together nonetheless.
    Incentivized
    Read full review
    Likelihood to Renew
    CAKE.com, Inc
    I'm using the free version at the moment and loving it. What a great product, easy, responsive and has better up time than Yahoo Mail. :) What isn't there to like?
    Incentivized
    Read full review
    Wave
    Easy to use for clients with no accounting background and the price is right.
    Read full review
    Usability
    CAKE.com, Inc
    Very affordable, accessible and simple. For this very reason I would say, it culminates to Clockify being very beginner and start-up friendly. It is its strongest suit after all, and this is the main reason why I would recommend this to anyone. I am very thankful for me ex colleague who recommended this to me, we're no longer working together but I still hear that he's still using Clockify to this very day on his own business
    Incentivized
    Read full review
    Wave
    I am a professional bookkeeper and I have no problems using Wave and all of it's features. I can see that certain individuals who have no accounting knowledge might struggle with a few different features and entries, but that is why Wave has an emphasis in connecting users to Wave Pro's who will walk them through things
    Read full review
    Reliability and Availability
    CAKE.com, Inc
    I have never had an issue logging in or it not being available. I use Clockify every work day during the week, frequently starting/stopping projects. I've had past experience with other systems that suddenly aren't usable for an hour and that is something I have never experienced with Clockify. They are doing something right on their backend. Nice job, Clockify folks
    Incentivized
    Read full review
    Wave
    WAVE is always available when we need it ! Peter
    Read full review
    Performance
    CAKE.com, Inc
    I already mentioned how it feels light across the wire. Pages load fast in the web browser. I have not tried the browser plug-in nor the mobile app. I give it a 9 instead of 10 as the desktop app seemed to hesitate when I clicked the start/stop of a project/task
    Incentivized
    Read full review
    Wave
    Wave does tend to slow down when filtering your transactions screen especially by date. This is more of an issue when trying to trouble shoot certain transactions or clean-up a set of books.
    Read full review
    Support Rating
    CAKE.com, Inc
    I dealt very little with customer support because Clockify is so easy to use. That being said, the few times I did, I got fast responses and any issues that I did have were solved in a very fast manner.
    Incentivized
    Read full review
    Wave
    I never had to call Wave Support as we barely experienced any support-related problems on our side. However, I do know a few people that complained about Wave support. It would be nice as well, though if they could have more in your face tutorials for new users or how-to videos should we struggle to do something
    Read full review
    Online Training
    CAKE.com, Inc
    No answers on this topic
    Wave
    easy to use and east to train on ! Our WAVE clients enjoy the ease of use
    Read full review
    Alternatives Considered
    CAKE.com, Inc
    Harvest is very similar to Clockify. The only difference is that Harvest also has an invoicing and billing system built into it. So if you're billing your clients based off of time directly, Harvest may be a better option as far as that goes. Of course, Harvest only has minimum billing increments of 6 or 10 minutes, there is no 10-minute option so that's something where Clockify has them beat. They are both very easy to use.
    Incentivized
    Read full review
    Wave
    Wave is FREE for most functions. Payment processing costs no matter where you go (as does payroll or taxes). Wave rises above tools like QuickBooks Online because they know that for our small firm, being nimble is the name of the game. We don't need exhaustive reporting and management like QB offers and we certainly don't want to pay for it
    Incentivized
    Read full review
    Scalability
    CAKE.com, Inc
    Because it feels light on the wire and runs so smoothly with great up-time. I have to assume that the same is true as it scales. I'm a single user so maybe I don't see if there are any scalability issues. With the way it seems architected to run so quickly across many platforms (desktop, mobile, web, browser plug-in), I have to think that it is using recent technology that provides scalability options
    Incentivized
    Read full review
    Wave
    Once they out grow what is ability to move up to a more robust system?
    Read full review
    Return on Investment
    CAKE.com, Inc
    • The free plan really did everything we needed for the 6 months or so we used it. Without Clockify, we would have had to pay roughly $40+/month for a software tool.
    • When we upgraded to the paid version, it was still only $10/month and helped us be able to have minimum billing increments which is a huge monetary increase.
    Incentivized
    Read full review
    Wave
    • Wave has been ROI positive for our company. With not having to pay for the service we can use our money for growing our business.
    • The fees on credit card transactions for invoices are reasonable especially as we don't pay a monthly subscription.
    • The invoicing feature has made our lives easier for us and our customers. The invoicing piece and AR tracking has been ROI positive as well.
    Incentivized
    Read full review
    ScreenShots

    Clockify Screenshots

    Screenshot of Time trackerScreenshot of TimesheetScreenshot of Time tracking appsScreenshot of DashboardScreenshot of ReportsScreenshot of Projects