Wave

Free invoicing and bookkeeping for US and Canadian micro-businesses

TOP SCORE™

56/100

#5 of 8 Accounting Software

High confidence

Score breakdown

What makes up this score

External Reputation69
  • 2 independent review sources
  • 851 third-party reviews counted
AI Authority51
  • 3 answer engines measured
  • cross-model consistency 0.92
Web Authority51
  • 23 web authority signals
  • average citing-domain authority 37
Expert Assessment45
  • 100% of the category rubric covered
TOP10 User Score
  • No approved user reviews yet

Explanation

Why Wave ranks #5

Wave ranks #5 of 8 accounting software with a TOP SCORE of 56.

The category leader scores 68, a gap of 12 points.

That is 2 points below the category average of 58.

Its strongest component is External Reputation at 69; its weakest is Expert Assessment at 45.

No usable evidence was found for TOP10 User Score, so that weight was redistributed across the components that are evidenced.

Generated from the recorded evidence behind this score, not from editorial opinion. How scoring works.

Score history

How the score has moved

4956 7.4

05010030 Aug1 Sept

External reputation

What third-party sources publish

SourcePublishedNormalisedReviewsLast checkedMethod
Trustpilot3.4/56852330 Aug 2026permitted crawl
G24.3/58632831 Aug 2026permitted crawl

AI visibility

How answer engines treat this platform

EngineMentionRecommendationCitationAvg positionQueriesMeasured
claude sonnet 5 parametric58%42%0%2.31231 Aug 2026
claude sonnet 5 parametric50%35%0%3.92031 Aug 2026
claude grounded70%30%0%4.42030 Aug 2026
claude parametric75%50%0%3.92030 Aug 2026

Web authority

Citations and independent coverage

TOP10 users

What our users report

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Company information

The facts on file

Description
Wave is an all-in-one money-management suite built around free invoicing and double-entry bookkeeping, with paid add-ons for card/ACH payments, payroll and bookkeeping support. It targets freelancers, solo operators and micro-businesses in the US and Canada billing in USD or CAD. The free Starter tier allows unlimited invoices, estimates and bills, while Pro ($19/month) adds bank feeds, receipt OCR, branding removal and automated reminders.
Products
Accounting, Invoicing, Estimates & Deposits, Receipts (OCR), Payments, Payroll, Wave Advisors (bookkeeping), Mobile app
Markets
Freelancers, Sole traders, Micro-business, SMB
Countries
United States, Canada (excluding Quebec for payroll)
Integrations
Plaid (bank connections), Block Advisors tax pro access, Apple Pay, Third-party integrations (unspecified on vendor pages reviewed)
Pricing
$19 USD/month (or $190 USD/year); $25 CAD/month, $250 CAD/year — promo observed at $9.50 USD/month for first 3 months · free tier: Starter $0: unlimited estimates, invoices, bills and bookkeeping records, mobile invoicing, cash flow and customer dashboard; documents sent via link or PDF only; Wave branding retained pricing page ↗
Regulatory
Wave operates as a payment facilitator: online payment acceptance is 'subject to eligibility' and Wave may request further information for business protection, which is the contractual KYC/AML mechanism behind the reported holds. Payments are governed by Wave's Payments Terms of Service; bank connections are provided by third party Plaid. Payroll includes transferring tax payments and filing with state agencies and the IRS, excluding 1099 filings. No specific money-transmission licences, safeguarding arrangements or regulator actions were verified this session; one reviewer claims to have filed a BBB complaint (unverified allegation). Corporate ownership (H&R Block) was not confirmed from a primary source.
Last verified
31 Aug 2026

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Head to head

Category context

  • This platform56
  • Category leader68
  • Category average58
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