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Knit Payroll vs Wave

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Wave

9.0#2 in bookkeeping softwareFrom $72 a year
Free planAndroidiOSWebAPI
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What both publish

FactKnit PayrollWave
Company sizeLinkedIn classifies Knit People as a privately held company with 51–200 employees.LinkedIn lists Wave HQ as a privately held software company with 201–500 employees in Toronto.
Founded20152010
HeadquartersToronto, CanadaToronto, Ontario, Canada
IntegrationsKnit lists QuickBooks Online and Xero integrations for exporting payroll run or journal-entry data, and CSV template downloads for data transfer.Wave Pro lists integrations including Etsy, Driversnote, GoHighLevel, Google Sheets and Make.com.
Rating on G24.0 out of 5 from 1 review4.3 out of 5 from 358 reviews
Rating on GetApp4.7 out of 5 from 141 reviews4.4 out of 5 from 1,731 reviews
SecurityKnit says client-server communications use SSL encryption and passwords are asymmetrically encrypted.Wave states that it uses up to 256-bit TLS encryption, protected hosting facilities and tokenized payment data handling.

Knit Payroll plans

  • Time & Attendance add-on$4 a month
  • Lite$6 a month
  • Complete$8 a month
  • Employer of Record add-on$8 a month
  • ConciergePriced on request

Wave plans

  • StarterFree
  • Receipts$8 a month
  • Pro$19 a month
  • Pro Plan$19 a month
  • Receipts$72 a year
  • Wave Advisors$149 a month

Pick Knit Payroll if…

You want what its maker publishes above — check its page for the details.

Pick Wave if…

Wave suits businesses that need invoicing, payment collection, customer records, and connected bookkeeping. Its Starter plan is aimed at people starting a business or seeking basic features.

Charts they share