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Wave vs Invoice Simple Comparison

Last updated:

Wave

3.6

Starting at Contact for pricing

  • Freelancers / Consultants
  • Small Business

With Wave, small businesses have access to professional accounting services without any cost. It offers Invoicing, Accounting, and Receipt scanning for free, while its affordable packages provide additional features such…

Invoice Simple

Starting at $4.99 /month

  • Free Trial
  • Large Enterprises
  • Medium Business

Invoice Simple is the perfect solution for small businesses that need to quickly send custom invoices. Track finances, add discounts, including due dates and shipping information on the go. This easy-to-use tool helps bu…

Wave leads on user satisfaction with a 3.6-star rating across -1 reviews.

Wave vs Invoice Simple — at a glance

FeatureWaveInvoice Simple
Rating3.6 / 5
Reviews
Starting priceContact for pricing$4.99 /month
Free trial No Yes
Free version No No
Best forFreelancers / Consultants, Small BusinessLarge Enterprises, Medium Business, Small Business
CategoryAccounting SoftwareInvoice Management Software
Integrations3+ apps
PlatformsSaaS/Web/Cloud, Mobile - Android, Mobile - iOSSaaS/Web/Cloud, Mobile - Android, Mobile - iOS
APIAvailable
Support modesBusiness Hours, OnlineOnline
CertificationsSOC 2, GDPR
Data residencyUSUS

Key differences between Wave and Invoice Simple

  • Pricing: Invoice Simple starts at $4.99 /month. Wave pricing is not publicly listed.
  • Free trial: Invoice Simple offers a free trial; Wave does not.
  • Target audience: Wave is built for Freelancers / Consultants and Small Business, while Invoice Simple targets Large Enterprises and Medium Business.
  • Deployment: Wave supports SaaS/Web/Cloud, Mobile - Android, Mobile - iOS; Invoice Simple supports SaaS/Web/Cloud, Mobile - Android, Mobile - iOS.

Wave vs Invoice Simple — find the better fit before you commit.

01

Which tool fits your team best

02

Which is actually cheaper for your team size

03

Where each product wins, per real buyers

Most Accounting Software tools look identical on paper. This comparison cuts to the differences that matter — pricing structure, team fit, and what real buyers found after signing up.

Wave - Accounting Software
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Talk to an expert
Invoice Simple - New SaaS Software
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Talk to an expert

Biggest differences

Start here before you go deeper into features.

Wave

Best free accounting software for small businesses and freelancers.

Choose if
  • You need core accounting features like invoicing and receipt scanning at no cost.
  • You want an easy-to-use interface without accounting expertise required.
  • You prefer automated bank reconciliations and recurring invoice management.
Consider alternatives if
  • Your business operates internationally outside the U.S. and Canada.
  • You require fast, reliable customer support and payment processing.

Invoice Simple

Best for small businesses needing quick, professional invoicing on the go.

Choose if
  • You are a freelancer or small service-based business needing simple invoicing.
  • You want a mobile-first app to create and send invoices remotely or on-site.
  • You prefer an easy-to-use tool without complex accounting features or steep learning curves.
Consider alternatives if
  • Your business requires advanced accounting features like expense tracking or reconciliation.
  • You need detailed financial reporting, analytics, or extensive integrations beyond payment processors.

Wave: Best free accounting software for small businesses and freelancers. Invoice Simple: Best for small businesses needing quick, professional invoicing on the go.

Description

With Wave, small businesses have access to professional accounting services without any cost. It offers Invoicing, Accounting, and Receipt scanning for free, while its affordable packages ... Read More about Wave

Invoice Simple is the perfect solution for small businesses that need to quickly send custom invoices. Track finances, add discounts, including due dates and shipping information on the go. ... Read More about Invoice Simple

Entry Level Pricing

  • Not Available
  • Starts from $4.99 , monthly

Free Trial Availability

  • No free trial
  • Free Trial available

Spotsaas Score

What's this? ↗

9.6/10

Not Available

User Ratings

Based on verified Spotsaas reviews

3.6

Best Company Size

1-50 employees51-500 employees
1-50 employees51-200 employees
Get pricing help
Get pricing help

Where each option fits best

See where each product is strongest, which teams it fits, and what causes buyers to keep looking — before you commit.

Based on buyer reviews and verified product data collected by Spotsaas.

Strengths

Key strengths

Wave

  • Streamlined Operations: Wave simplifies your workflow by integrating multiple financial functions into one platform. You’ll find that managing invoices, payments, and accounting has never been easier, allowing your team to focus on what really matters—growing the business.
  • User-Friendly Interface: Designed with both managers and their teams in mind, Wave features an intuitive interface. Even those who aren’t tech-savvy can navigate through its functionalities effortlessly, enhancing productivity across your organization.
  • Cost-Effective Solution: With Wave being free for core services, you can significantly reduce overhead costs while still enjoying robust financial management tools. This makes it an ideal choice for startups and small businesses looking to maximize their budget without sacrificing quality.

Invoice Simple

  • Low learning curve: The platform focuses on essential invoicing tasks only, making it easy for users without accounting experience to get started. Setup is quick, and most users can begin invoicing within minutes.
  • Professional branding: Invoice Simple supports adding logos, business information, payment terms, and notes to invoices. This helps businesses present a consistent and professional image, which can improve client trust and communication around payments.
  • Mobile-friendly billing: The mobile app allows users to create, send, and manage invoices from anywhere. This is especially useful for freelancers, contractors, and service providers who invoice clients while working on-site or traveling.
Best fit

Best fit

Wave

  • 50 to 500 employees
  • Martech, Fintech, SaaS, and Consulting
  • Sales Managers, Account Executives, Business Development Representatives, and CRM Administrators

Invoice Simple

  • 50–200 employees
  • Freelancers, Small Businesses, Professional Services, Construction, Consulting, Creative Services, Home Services, Self-Employed Professionals
  • Freelancer, Small Business Owner, Contractor, Consultant, Accountant, Bookkeeper, Operations Manager, Founder
Watchouts

Reasons buyers look elsewhere

Wave

  • Users may seek alternatives to Wave if they require more advanced features, such as detailed reporting or extensive integrations, that Wave does not fully support for their specific business needs.
  • Businesses with larger teams might look for alternatives offering better collaboration tools and user management capabilities to streamline workflows and enhance communication among team members.
  • Companies operating in industries with unique accounting requirements may find Wave's standard offerings insufficient, prompting them to explore solutions tailored to meet specialized compliance and reporting standards.

Invoice Simple

  • Growing businesses may need multi-user access, role-based permissions, and deeper reporting dashboards. Alternatives designed for larger teams provide more control, visibility, and flexibility as business complexity increases.
  • As operations expand, teams often want invoicing software that connects with CRM systems, project management tools, payroll platforms, or marketing tools. Invoice Simple’s narrow integration range can make it harder to maintain connected workflows.
  • Users with subscription-based services or repeat clients may look for alternatives that offer advanced recurring invoices, automatic reminders, and billing rules. These features help reduce manual effort and improve consistency in ongoing billing cycles.

Software Demo

Demo

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How do Wave and Invoice Simple Compare on Features?

Total Features

21 Features

10 Features

Unique Features

No unique features

No unique features

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Compare Wave and Invoice Simple on pricing

Review starting price, plan structure, and free-trial access side by side so you can see which option fits your budget and buying process.

Pricing Option

      Starting From

      • Not Available
      • $4.99 , monthly

      Pricing Plans

      • Not Available
      • Essentials

        $4.99

        /month

        • Autofill client & item info

        • Online payments

        • Real time read receipts

        Show more +

      • Plus

        $13.49

        /month

        • Everything in Essentials; and:

        • Add photos

        • Business owner signature

        Show more +

      • Premium

        $19.99

        /month

        • Everything in Plus; along with:

        • Client signatures

        • Premium templates

        Show more +

      Pricing Page

      Wave pricing
      Invoice Simple pricing

      Other Details

      Organization Types supported

      • Large Enterprises
      • Medium Business
      • Small Business
      • Individuals
      • Freelancers
      • Large Enterprises
      • Medium Business
      • Small Business
      • Individuals
      • Freelancers

      Platforms Supported

      • Browser Based (Cloud)
      • Browser Based (Cloud)
      • Mobile - Android
      • Mobile - iOS
      • Browser Based (Cloud)
      • Browser Based (Cloud)
      • Mobile - Android
      • Mobile - iOS

      Modes of support

      • 24/7 (Live rep)
      • Business Hours
      • Online
      • 24/7 (Live rep)
      • Business Hours
      • Online

      API Support

      • Available
      • Not Available
      Get help choosing
      Get help choosing

      Security & Compliance

      Certifications, data handling, and security controls for IT and compliance evaluators.

      SOC 2

      ✓ Yes

      HIPAA

      ✗ No
      ✗ No

      GDPR

      ✓ Yes

      Single Sign-On (SSO)

      ✗ No

      Multi-Factor Auth (MFA)

      ✓ Yes

      Data Encryption

      ✓ Yes

      Audit Logs

      ✓ Yes

      Data Residency

      🇺🇸 US
      🇺🇸 US

      Wave User Reviews & Rating Comparison

      User Ratings

      No reviews available for the product

      No reviews available for the product

      Rating Distribution

      215

      62

      23

      6

      117

      3

      0

      0

      0

      13

      Spotsaas Editor’s POV generated by AI

      Buyer sentiment

      Users appreciate Wave's free, easy-to-use accounting tools but express frustration over customer support and payment processing issues.

      What buyers like

      • Ease of use
      • Automation of accounting tasks
      • Cost-effectiveness

      Common complaints

      • Customer service quality
      • Payment processing reliability

      Buyer sentiment

      Users appreciate Invoice Simple for its ease of use, professional invoice customization, and mobile accessibility, but note limitations in reporting and advanced accounting features.

      What buyers like

      • Ease of use
      • Professional invoice templates
      • Mobile invoicing capability

      Common complaints

      • Limited reporting features
      • Lack of advanced accounting functionality

      Pros and Cons

      • Free core accounting tools including invoicing, expense tracking, and receipt scanning

      • User-friendly and intuitive interface suitable for non-accountants

      • Automation of key accounting tasks like bank reconciliations and recurring invoices

      • Poor customer service with slow response times and limited support for free users

      • Payment processing issues such as withheld funds, frozen accounts, and delayed payouts

      • Easy to use with a low learning curve for non-accountants

      • Professional invoice templates with branding and custom fields

      • Mobile app enabling invoicing and payment tracking on the go

      • Basic reporting tools insufficient for detailed financial analysis

      • Limited integration options beyond payment processors

      Positive Reviews

      No reviews available for the product

      No reviews available for the product

      Negative Reviews

      No reviews available for the product

      No reviews available for the product

      Integrations

      Integration with other apps

      No Integration information available.

      List of Customers

      Customers

      Cody Duncan Photography

      Cody Duncan Photography

      Courtright

      Courtright

      Orhtris

      Orhtris

      Stripe

      Stripe

      appadvice

      appadvice

      Referral Rock

      Referral Rock

      Media and Screenshots

      Screenshots

      Transaction

      2 Screenshots

      Overview

      1 Screenshots

      Videos

      video-0

      3 Videos

      video-0

      3 Videos

      Top Alternatives to Wave and Invoice Simple in 2026

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      Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].

      Frequently asked questions

      Which is better, Wave or Invoice Simple?
      Wave edges out the other on user ratings (3.6 vs -1.0). That said, the best pick depends on your use case — use the comparison tables above to evaluate each dimension.
      Do Wave and Invoice Simple offer a free trial?
      Invoice Simple offers a free trial. Wave does not.
      What is the starting price of Wave vs Invoice Simple?
      Wave starts at Contact for pricing. Invoice Simple starts at $4.99 /month.
      What are the top alternatives to Wave?
      Top alternatives to Wave include Xero, Zoho Books, Quickbooks, Freshbooks, Sage Accounting (Sage One).
      What are the top alternatives to Invoice Simple?
      Top alternatives to Invoice Simple include Quickbooks, Freshbooks, QuickFile, Invoice2go, Servicejoy.

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