Payroll by Wave vs. Sage HRMS

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
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
Sage HRMS
Score 7.0 out of 10
N/A
Sage HRMS is an HR management solution that integrates payroll, benefits, recruiting, employee self-service, and analytics capabilities.N/A
Pricing
Payroll by WaveSage HRMS
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Payroll by WaveSage HRMS
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details——
More Pricing Information
Features
Payroll by WaveSage HRMS
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Payroll by Wave
9.4
3 Ratings
13% above category average
Sage HRMS
4.8
7 Ratings
50% below category average
Pay calculation10.03 Ratings6.17 Ratings
Support for external payroll vendors9.02 Ratings4.04 Ratings
Off-cycle/On-Demand payment9.02 Ratings6.92 Ratings
Benefit plan administration9.01 Ratings2.16 Ratings
Direct deposit files10.03 Ratings8.07 Ratings
Salary revision and increment management9.03 Ratings3.16 Ratings
Reimbursement management10.01 Ratings3.27 Ratings
Human Resource Management
Comparison of Human Resource Management features of Product A and Product B
Payroll by Wave
-
Ratings
Sage HRMS
5.5
9 Ratings
35% below category average
Employee demographic data00 Ratings8.08 Ratings
Employment history00 Ratings8.09 Ratings
Job profiles and administration00 Ratings1.39 Ratings
Workflow for transfers, promotions, pay raises, etc.00 Ratings7.99 Ratings
Organizational charting00 Ratings6.04 Ratings
Organization and location management00 Ratings6.06 Ratings
Compliance data (COBRA, OSHA, etc.)00 Ratings1.37 Ratings
Leave and Attendance Management
Comparison of Leave and Attendance Management features of Product A and Product B
Payroll by Wave
-
Ratings
Sage HRMS
1.2
7 Ratings
148% below category average
Approval workflow00 Ratings1.36 Ratings
Balance details00 Ratings1.37 Ratings
Annual carry-forward and encashment00 Ratings1.06 Ratings
Employee Self Service
Comparison of Employee Self Service features of Product A and Product B
Payroll by Wave
-
Ratings
Sage HRMS
3.9
8 Ratings
70% below category average
View and generate pay and benefit information00 Ratings4.28 Ratings
Update personal information00 Ratings4.27 Ratings
View company policy documentation00 Ratings1.16 Ratings
Employee recognition00 Ratings6.04 Ratings
View job history00 Ratings4.05 Ratings
Asset Management
Comparison of Asset Management features of Product A and Product B
Payroll by Wave
-
Ratings
Sage HRMS
7.0
2 Ratings
10% below category average
Tracking of all physical assets00 Ratings7.02 Ratings
HR Reporting
Comparison of HR Reporting features of Product A and Product B
Payroll by Wave
-
Ratings
Sage HRMS
3.7
8 Ratings
69% below category average
Report builder00 Ratings2.07 Ratings
Pre-built reports00 Ratings1.28 Ratings
Ability to combine HR data with external data00 Ratings8.06 Ratings
Onboarding
Comparison of Onboarding features of Product A and Product B
Payroll by Wave
-
Ratings
Sage HRMS
7.0
4 Ratings
13% below category average
New hire portal00 Ratings7.04 Ratings
Manager tracking tools00 Ratings7.03 Ratings
Performance and Goals
Comparison of Performance and Goals features of Product A and Product B
Payroll by Wave
-
Ratings
Sage HRMS
7.3
2 Ratings
11% below category average
Corporate goal setting00 Ratings8.01 Ratings
Individual goal setting00 Ratings7.02 Ratings
Line-of sight-visibility00 Ratings8.01 Ratings
Performance tracking00 Ratings6.02 Ratings
Performance Management
Comparison of Performance Management features of Product A and Product B
Payroll by Wave
-
Ratings
Sage HRMS
7.8
5 Ratings
2% below category average
Performance plans00 Ratings9.03 Ratings
Performance improvement plans00 Ratings8.03 Ratings
Review status tracking00 Ratings7.03 Ratings
Review reminders00 Ratings8.04 Ratings
Multiple review frequency00 Ratings7.03 Ratings
Succession Planning
Comparison of Succession Planning features of Product A and Product B
Payroll by Wave
-
Ratings
Sage HRMS
8.5
1 Ratings
7% above category average
Create succession plans/pools00 Ratings9.01 Ratings
Candidate ranking00 Ratings8.01 Ratings
Candidate search00 Ratings8.01 Ratings
Candidate development00 Ratings9.01 Ratings
Recruiting / ATS
Comparison of Recruiting / ATS features of Product A and Product B
Payroll by Wave
-
Ratings
Sage HRMS
7.6
3 Ratings
2% below category average
Job Requisition Management00 Ratings5.02 Ratings
Company Website Posting00 Ratings7.23 Ratings
Publish to Social Media00 Ratings9.01 Ratings
Job Search Site Posting00 Ratings7.01 Ratings
Duplicate Candidate Prevention00 Ratings8.01 Ratings
Applicant Tracking00 Ratings8.02 Ratings
Notifications and Alerts00 Ratings9.01 Ratings
Best Alternatives
Payroll by WaveSage HRMS
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
Payroll by WaveSage HRMS
Likelihood to Recommend
10.0
(4 ratings)
1.3
(10 ratings)
Likelihood to Renew
-
(0 ratings)
8.0
(1 ratings)
Support Rating
8.9
(2 ratings)
-
(0 ratings)
User Testimonials
Payroll by WaveSage HRMS
Likelihood to Recommend
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
Read full review
Sage
Sage HRMS is a software that fits in all organizations whether small or large and this makes it the most suitable HR solution as it will help you manage your workforce even if it may appear small. The software has analytics and reporting tools that are applicable in performance management where you will use them in assessing the productivity of your employees and plan on how to improve further as a workforce. It further helps in employee on-boarding, payroll management, and talent management
Read full review
Pros
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
Sage
  • Ability to see history (like job history) easily at a glance.
  • Ability to make changes easily.
  • Organizing info in the employee record.
Read full review
Cons
Wave
  • Additional filings such as WorkSafe, etc.
  • More flexibility when it comes to paying a director.
Read full review
Sage
  • We changed our chart of accounts. The system does not allow you to change the numbering format, so we had to start over with new databases.
  • The tax return portion of the software does not file local taxes. We would definitely like to see this functionality in the future.
  • The payroll piece does not handle complicated move up and move downs for union pay. This could definitely be improved upon.
Read full review
Likelihood to Renew
Wave
No answers on this topic
Sage
I do not work with this software anymore, and I am not involved with the renewal of it. However, if I were, I would still suggest using it unless something better was introduced
Read full review
Support Rating
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.
Read full review
Sage
No answers on this topic
Alternatives Considered
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
Read full review
Sage
Sage HRMS was very cost effective for a non-profit. It does all that we needed as a company and more. It also allows us to handle payroll ourselves instead of outsourcing [it].
Read full review
Return on Investment
Wave
  • Ensuring that I am compliant with my payroll obligations.
  • Less time spent on managing employee payroll.
Read full review
Sage
  • there can be a high ROI when processing payroll in house compared to outsourced. Not to mention the flexibility you gain.
Read full review
ScreenShots