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Payroll4Free vs Wave

Payroll4Free

6.7#17 in nonprofit payroll softwareFrom $35,350 a month
Free planWebExtensionWindows
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Wave logo

Wave

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

FactPayroll4FreeWave
Founded20122010
IntegrationsThe free service includes outside software integrations and human-resource functions.Wave Pro lists integrations including Etsy, Driversnote, GoHighLevel, Google Sheets and Make.com.
SecurityPayroll4Free says it uses 2048-bit SSL encryption, stores encrypted client data in Amazon Cloud and requires a browser extension.Wave states that it uses up to 256-bit TLS encryption, protected hosting facilities and tokenized payment data handling.

Payroll4Free plans

  • Free basic servicesFree
  • Direct Deposit Services$35,350 a month
  • Payroll Tax Services$35,350 a month

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 Payroll4Free if…

It suits small employers paying nine or fewer people once monthly, including those paying 1099 contractors. Employees who want online access to pay records and personal details can use its portal.

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