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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Payroll by Wave

    Score10 out of 10
    N/AWave Accounting headquartered in Toronto now offers Payroll by Wave, a payroll app for small businesses.N/A

    Wagepoint

    Score7.4 out of 10
    N/AWagepoint is payroll software, from the multinational company of the same name headquartered in Calgary.

    $20

    per month Plus $4 per employee/contractor

    Pricing
    Payroll by WaveWagepoint
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Payroll by WaveWagepoint
    Free Trial
    NoYes
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details—Pricing is based on a monthly subscription model. The right plan depends on how often a business runs payroll. Solo plan Best for businesses that only run one payroll per month. $20/month plus $4 per employee/contractor Unlimited plan All-you-can-payroll. Best for businesses handling multiple payrolls in a month. $40/month plus $6 per employee/contractor *All prices above are CAD
    More Pricing Information
    Community Pulse
    Payroll by WaveWagepoint
    Considered Both Products
    Wave
    Chose Payroll by Wave
    Similar features, similar pricing. I selected Wave initially because my accounting is integrated with the other Wave software.
    Incentivized
    Chose Payroll by Wave
    I fell Payroll by Wave is more simplified and makes more sense for me as I already use Wave for bookkeeping.
    Incentivized
    Wagepoint
    No answer on this topic
    Key User Insights
    Would buy again
    100%
    Would buy again
    5 Answers
    No answers on this topic
    Delivers good value for the price
    100%
    Delivers good value for the price
    5 Answers
    No answers on this topic
    Happy with the feature set
    100%
    Happy with the feature set
    5 Answers
    No answers on this topic
    Lived up to sales and marketing promises
    No answers on this topic
    No answers on this topic
    Implementation went as expected
    No answers on this topic
    No answers on this topic
    Features
    Payroll by WaveWagepoint
    Payroll Management
    Comparison of Payroll Management features of Payroll by Wave and Wagepoint
    Feature
    Payroll by Wave
    9.4
    5 Ratings
    13% above category average
    Wagepoint
    8.6
    2 Ratings
    4% above category average
    Pay calculation10.05 Ratings10.02 Ratings
    Support for external payroll vendors9.03 Ratings6.02 Ratings
    Off-cycle/On-Demand payment9.03 Ratings7.01 Ratings
    Benefit plan administration9.01 Ratings00 Ratings
    Direct deposit files9.05 Ratings10.02 Ratings
    Salary revision and increment management9.55 Ratings00 Ratings
    Reimbursement management10.02 Ratings10.01 Ratings
    Best Alternatives
    Payroll by WaveWagepoint
    Small Businesses
    Patriot Payroll
    Score8.6 out of 10
    Patriot Payroll
    Score8.6 out of 10
    Medium-sized Companies
    APS
    Score5.7 out of 10
    APS
    Score5.7 out of 10
    Enterprises
    ADP Streamline Payroll
    Score6.1 out of 10
    ADP Streamline Payroll
    Score6.1 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Payroll by WaveWagepoint
    Likelihood to Recommend
    10.0
    (6 ratings)
    7.0
    (2 ratings)
    Likelihood to Renew
    10.0
    (1 ratings)
    -
    (0 ratings)
    Usability
    10.0
    (1 ratings)
    -
    (0 ratings)
    Support Rating
    8.9
    (2 ratings)
    -
    (0 ratings)
    User Testimonials
    Payroll by WaveWagepoint
    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
    Incentivized
    Read full review
    Wagepoint
    I highly recommend Wagepoint, especially for start-up companies. Their fees are really cheap and the quality of their work is really good. They may have room for improvement on the reporting side, but given their flexibility, they can always find a way to help your organization. I definitely recommend Wagepoint.
    Incentivized
    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.
    Incentivized
    Read full review
    Wagepoint
    • Manages payroll
    • Maintains employee data--addresses, contact info, etc.
    Incentivized
    Read full review
    Cons
    Wave
    • 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...
    Incentivized
    Read full review
    Wagepoint
    • Reports need to be improve. You cannot customize your preferred report. Thus, manual reporting happens at times. But you can't complain on the cost.
    • Flexibility on late notice of payroll processing. Lowering additional fees could help us.
    • Need to ask clients for feedback on the use of system.
    Incentivized
    Read full review
    Usability
    Wave
    Very simple & straightforward system to learn and when time is always of the essence the efficiency is much appreciated
    Incentivized
    Read full review
    Wagepoint
    No answers on this topic
    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.
    Incentivized
    Read full review
    Wagepoint
    No answers on this topic
    Alternatives Considered
    Wave
    First is the cost. Since QuickBooks removed the inhouse solution and moved everything to the cloud, the cost for a small business is prohibited. Wave is reasonable in cost. Support for QB isn't great they are always trying to upsell and commit. Wave support in comparison is 100% better, and most of the answers are in their manual
    Incentivized
    Read full review
    Wagepoint
    Wagepoint is great for our Canadian employees, as Gusto does not support multi-national workforces. However, Gusto provides a much more robust system with which you can manage employees salaries, healthcare benefits, and additional benefits. Gusto also provides ample data with which to evaluate costs, understand employees, and forecast future costs, which Wagepoint does not support.
    Incentivized
    Read full review
    Return on Investment
    Wave
    • Peace of mind that all the payroll tax-related stuff is taken care of accurately and on time.
    • Easy to use interface saves time and helps ensure I am paid on time.
    Incentivized
    Read full review
    Wagepoint
    • Lower payroll administration expenses
    • Time and effort is saved from filing remittances to relevant government bodies.
    • Timely and accurate reporting of our payroll
    Incentivized
    Read full review
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