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Software Status:Active

About Wave Payroll

Wave Payroll is a payroll software from Wave that helps pay contractor, salaried, and hourly workers easily. It includes features such as direct deposit, tax forms, and an accurate payroll calculation system so businesses can manage payroll efficiently. Wave Payroll also provides resources like a small business tax season guide and a tax season checklist, allowing users to stay organized and compliant during critical times. Additionally, it explains essential financial documents like profit and loss statements and balance sheets, which are helpful for business bookkeeping. Key capabilities: direct deposit tax form generation small business tax resources financial statement explanations bookkeeping guides Best for: small business owners that need a straightforward solution for managing payroll.

Wave Payroll Details

Vendor
Wave Apps
Year Launched
2009
Location
Canada (155 Queens Quay E, Suite 500, M5A 0W4, Toronto, Ontario,, Canada
Deployment
Training Options
demo, account manager, community
Countries Served
United States and Canada
Languages
English
Users
Small business owners, Freelancers, Solopreneurs
Industries Served
Small businesses, Freelancers, Consultants
Tags
Payroll, Small business payroll, Direct deposit, Tax filing, Employee management, SaaS, Integrated accounting, Wave Financial

Wave Payroll's In-App Market Place

Does Wave Payroll have an in-app market place?

Yes

How many Mini-Apps in the marketplace?

1

Mini Apps

N/A

Pricing Options

Free trial
Free version
Request a quote
Promo Offer

Accepted Payment Currencies

USD ($), CAD ($)

Pros & Cons

  • Direct deposit functionality ensures payments reach employees securely and on time
  • Automatic tax filings reduce errors and simplify compliance for US and Canadian payrolls
  • Employee self-service portal allows secure access to pay stubs and banking information
  • Generates W-2 and 1099 forms easily saving time during tax season for owners
  • Clear payroll expense reporting improves cash flow tracking and financial decision-making
  • Advanced enterprise payroll features like multi-country compliance are not included
  • Some users report delays or limitations in customer support during peak periods
  • Payroll customization options are limited for complex benefit or deduction scenarios
  • Tax filings may not cover rare exceptions requiring manual intervention sometimes
  • Lacks advanced scheduling features for multiple pay cycles or flexible payment dates

Wave Payroll's Support Options

Chatbot

Available

Wave Payroll's Alternatives