ELMO Software vs. Payroll by Wave

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
ELMO Software
Score 8.3 out of 10
N/A
ELMO Software (ASX:ELO) is a cloud-based solution that helps thousands of organisations across Australia, New Zealand and the United Kingdom to manage their people, process and pay. ELMO solutions span the entire employee lifecycle from ‘hire to retire’. They can be used together or stand-alone, and are configurable according to an organisation’s unique processes and workflows.N/A
Payroll by Wave
Score 9.0 out of 10
N/A
Wave Accounting headquartered in Toronto now offers Payroll by Wave, a payroll app for small businesses.N/A
Pricing
ELMO SoftwarePayroll by Wave
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
ELMO SoftwarePayroll by Wave
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Features
ELMO SoftwarePayroll by Wave
Human Resource Management
Comparison of Human Resource Management features of Product A and Product B
ELMO Software
7.9
11 Ratings
1% above category average
Payroll by Wave
-
Ratings
Employee demographic data8.09 Ratings00 Ratings
Job profiles and administration7.88 Ratings00 Ratings
Workflow for transfers, promotions, pay raises, etc.7.17 Ratings00 Ratings
Organizational charting8.38 Ratings00 Ratings
Organization and location management7.88 Ratings00 Ratings
Compliance data (COBRA, OSHA, etc.)8.65 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
ELMO Software
8.0
5 Ratings
0% below category average
Payroll by Wave
9.4
3 Ratings
13% above category average
Pay calculation8.15 Ratings10.03 Ratings
Support for external payroll vendors8.04 Ratings9.02 Ratings
Benefit plan administration8.03 Ratings9.01 Ratings
Direct deposit files8.03 Ratings10.03 Ratings
Salary revision and increment management8.23 Ratings9.03 Ratings
Reimbursement management7.73 Ratings10.01 Ratings
Off-cycle/On-Demand payment00 Ratings9.02 Ratings
Leave and Attendance Management
Comparison of Leave and Attendance Management features of Product A and Product B
ELMO Software
8.5
3 Ratings
5% above category average
Payroll by Wave
-
Ratings
Approval workflow8.53 Ratings00 Ratings
Balance details8.53 Ratings00 Ratings
Employee Self Service
Comparison of Employee Self Service features of Product A and Product B
ELMO Software
8.0
10 Ratings
1% below category average
Payroll by Wave
-
Ratings
View and generate pay and benefit information8.05 Ratings00 Ratings
Update personal information8.010 Ratings00 Ratings
View company policy documentation8.26 Ratings00 Ratings
Employee recognition7.76 Ratings00 Ratings
HR Reporting
Comparison of HR Reporting features of Product A and Product B
ELMO Software
7.7
6 Ratings
1% above category average
Payroll by Wave
-
Ratings
Report builder7.56 Ratings00 Ratings
Pre-built reports7.76 Ratings00 Ratings
Ability to combine HR data with external data7.84 Ratings00 Ratings
Onboarding
Comparison of Onboarding features of Product A and Product B
ELMO Software
7.8
7 Ratings
3% below category average
Payroll by Wave
-
Ratings
New hire portal8.26 Ratings00 Ratings
Manager tracking tools7.44 Ratings00 Ratings
Performance and Goals
Comparison of Performance and Goals features of Product A and Product B
ELMO Software
7.8
8 Ratings
4% below category average
Payroll by Wave
-
Ratings
Individual goal setting8.28 Ratings00 Ratings
Line-of sight-visibility8.08 Ratings00 Ratings
Performance tracking7.38 Ratings00 Ratings
Performance Management
Comparison of Performance Management features of Product A and Product B
ELMO Software
7.6
10 Ratings
4% below category average
Payroll by Wave
-
Ratings
Performance plans7.710 Ratings00 Ratings
Performance improvement plans7.710 Ratings00 Ratings
Review status tracking6.78 Ratings00 Ratings
Review reminders7.79 Ratings00 Ratings
Multiple review frequency8.29 Ratings00 Ratings
Succession Planning
Comparison of Succession Planning features of Product A and Product B
ELMO Software
7.5
7 Ratings
5% below category average
Payroll by Wave
-
Ratings
Create succession plans/pools7.96 Ratings00 Ratings
Candidate ranking7.66 Ratings00 Ratings
Candidate search6.55 Ratings00 Ratings
Candidate development7.96 Ratings00 Ratings
Recruiting / ATS
Comparison of Recruiting / ATS features of Product A and Product B
ELMO Software
7.5
5 Ratings
3% below category average
Payroll by Wave
-
Ratings
Job Requisition Management7.84 Ratings00 Ratings
Company Website Posting7.74 Ratings00 Ratings
Publish to Social Media7.32 Ratings00 Ratings
Job Search Site Posting6.82 Ratings00 Ratings
Duplicate Candidate Prevention7.82 Ratings00 Ratings
Applicant Tracking7.53 Ratings00 Ratings
Notifications and Alerts8.04 Ratings00 Ratings
Best Alternatives
ELMO SoftwarePayroll by Wave
Small Businesses
Patriot Software
Patriot Software
Score 9.0 out of 10
Patriot Software
Patriot Software
Score 9.0 out of 10
Medium-sized Companies
Paypro Workforce Management
Paypro Workforce Management
Score 9.5 out of 10
Paypro Workforce Management
Paypro Workforce Management
Score 9.5 out of 10
Enterprises
Infor Human Resources
Infor Human Resources
Score 7.3 out of 10
Infor Human Resources
Infor Human Resources
Score 7.3 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
ELMO SoftwarePayroll by Wave
Likelihood to Recommend
8.1
(15 ratings)
10.0
(4 ratings)
Usability
8.0
(15 ratings)
-
(0 ratings)
Support Rating
7.6
(8 ratings)
8.9
(2 ratings)
User Testimonials
ELMO SoftwarePayroll by Wave
Likelihood to Recommend
ELMO Software
The performance review process is clear and easy to complete, for both employee and manager. I have experienced this in both roles, with my own staff, and undergoing my own review with my manager. I haven't experienced scenarios where it is less appropriate, I think our HR department customised the software well to our needs.
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Wave
Great for small business payroll needs. Reports and taxes are taken care of, everything is automated and once you're set up it's literally just a matter of minutes to run payroll each time. You also get email reminders which is helpful. There are premium features available for companies with larger/more robust needs, and I would definitely recommend looking into this software if you are searching for a user friendly payroll solution
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Pros
ELMO Software
  • Has extensive courses library (theory and video library).
  • Very responsive, resourceful and efficient support team.
  • Stuff survey - great range of available templates.
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Wave
  • 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.
Read full review
Cons
ELMO Software
  • Help seems unavailable.
  • A guide or how-to would be extremely appreciated - I haven't found any, at least for user level.
  • User interface could follow a more standard/familiar approach.
  • Some panes should be collapsible (e.g. the right "Work Flow" area, which gives very little help).
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Wave
  • Additional filings such as WorkSafe, etc.
  • More flexibility when it comes to paying a director.
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Usability
ELMO Software
Once I learned the specific way of doing things, the software became very logical and ergonomic. It is easy to use and is an excellent resource for many of the specific tasks required for my role, especially in relation to staff onboarding and management. It is also excellent as a resource for my own personal HR information.
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Wave
No answers on this topic
Support Rating
ELMO Software
I am not sure whether you are asking how the learning & development team rates ELMO Software or how ELMO supports our team when issues arise with the software? It is not my decision to purchase the software nor am I involved with the maintenance of the software.
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Wave
Quick response times, personalized service. They offer in-depth videos and guides for helping to get set up. Any time I have a question about taxes or reporting, they answer quickly and give comprehensive answers. Members of the team with whom I've interacted have been courteous, friendly, and helpful. Overall, great support.
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Alternatives Considered
ELMO Software
Aspen is more straightforward in creating a course of personal development recognized by our industry, but your ELMO Software is generally easier to use. As the workforce in our company is very often built by the majority of people with basic academic background education, IE they often have only just completed year 10... it is very important your element of making it easy to understand, using simple words and clear explained multiple choices in the final quiz
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Wave
We moved away from Wave as most of our contractors are time-based, and Wave flat out refuses to provide time tracking features. We tried integrations, but the pricing/complexity goes up and reliability goes down when integrating systems which were not intended to communicate. We since moved to Avaza and sacrificed Payroll for more robust time tracking, project management, and a very open feature development process
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Return on Investment
ELMO Software
No answers on this topic
Wave
  • Ensuring that I am compliant with my payroll obligations.
  • Less time spent on managing employee payroll.
Read full review
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