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Payroll by Wave

Payroll by Wave

Overview

What is Payroll by Wave?

Payroll by Wave is a cloud-based payroll management solution that caters to small businesses. Designed to simplify and automate payroll processes, Payroll by Wave helps businesses stay compliant with taxes and deductions while providing accurate pay stubs and reports. With features like tracking and...

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Reviewer Pros & Cons

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Pricing

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What is Payroll by Wave?

Wave Accounting headquartered in Toronto now offers Payroll by Wave, a payroll app for small businesses.

Entry-level set up fee?

  • No setup fee

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Features

Payroll Management

Provides for pay calculation and benefit plan administration, in addition to managing direct deposit, salary revisions and payroll tracking.

9.4
Avg 8.2
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Product Details

What is Payroll by Wave?

Payroll by Wave is a cloud-based payroll management solution that caters to small businesses. Designed to simplify and automate payroll processes, Payroll by Wave helps businesses stay compliant with taxes and deductions while providing accurate pay stubs and reports. With features like tracking and managing vacations, benefits, and overtime accurately and efficiently, this software streamlines the entire process of calculating employee salaries.

Payroll journal entries are automatically recorded in a seamless connection with other accounts in a Wave account. Utilizing support for direct deposits allows users to make payments promptly to employee bank accounts reliably without any extra effort on their part. In addition, employees can access their pay stubs securely through the platform's portal along with tax forms that they may require for filing their own returns.

Overall, Payroll by Wave grants companies greater efficiency when it comes to calculating employee compensation. Backed by a 100% accuracy guarantee which ensures confidence in tax remittances as well as issuing pay stubs, new hire reporting, year-end tax forms etc., this tool saves time while making sure employers handle payroll matters correctly—every time.

Payroll by Wave Video

Short demo of Payroll by Wave's capabilities

Payroll by Wave Technical Details

Operating SystemsUnspecified
Mobile ApplicationNo

Frequently Asked Questions

Wave Accounting headquartered in Toronto now offers Payroll by Wave, a payroll app for small businesses.

Reviewers rate Pay calculation highest, with a score of 10.

The most common users of Payroll by Wave are from Small Businesses (1-50 employees).
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Comparisons

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Reviews and Ratings

(11)

Reviews

(1-6 of 6)
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Payroll by Wave is a Simple Solution At A Reasonable Rate. Give it A Look

Rating: 10 out of 10
May 01, 2024
MG
Vetted Review
Verified User
Payroll by Wave
8 years of experience
Employee Payroll by Wave services are used for automatic Payroll payments and tax payments. The Payroll by Wave product also provides necessary documents such as 941 forms for audit purposes.
  • Payroll by Wave processes quickly and deposits to employee accounts automatically
  • Simple process to review time sheets, bonuses, commissions, etc...
  • Provides detailed reports
I've been a Payroll by Wave user for nearly 10yrs and it's been an excellent solution for us. Affordable pricing for small businesses and the platform is a breeze to learn. Overall an excellent accounting, invoicing, payment processing, and Payroll service. I highly recommend Payroll by Wave services.

pay with WAVE

Rating: 10 out of 10
April 30, 2024
Verified User
Vetted Review
Verified User
Payroll by Wave
2 years of experience
Since our days with QuickBooks, we switched to Wave. It's always accessible. easy to use and works great with reports. Slight but not too difficult learning curve. We also use Wave for other accounting work.
  • easy to use
  • has been very reliable.
  • good transaction reports
  • clean interface, no confusion
It integrates with other systems, i.e. bank. There are several tools, and their help is always there. When we first started with the system, we were expecting more complexly that there was. The results were spot on. SO much better than our previous system.

Global leader in payroll managment.

Rating: 10 out of 10
June 25, 2021
GJ
Vetted Review
Verified User
Payroll by Wave
4 years of experience
Payroll by Wave is a reliable platform for managing and updating payroll and ensure its prepared on time. The platform is used in our organization and has improved the way we manage our payroll, automating the process helping capture all the employees benefits and dues. It's efficient and has helped us address the business problem of having erroneous payroll that's prepared manually failing to capture the due employees' benefits and wages.
  • It has a simple user-interface and fits perfectly in our organization.
  • It's efficient and helps us update our payroll and ensure employee dues are paid on time.
  • Customer support is available and willing to help all the time when one gets stuck somewhere using the plan reliably.
Payroll by Wave is efficient and fits well in a scenario where a company aims to expedite the process of payroll management and bring automation where the payroll is updated on time and in an error free manner. It will enable preparation of payroll on time and ensure that employees are able to view the payroll prior to payday and have any errors available are rectified on time.

Payroll by Wave: catch the wave of easy payroll administration!

Rating: 9 out of 10
May 08, 2020
AP
Vetted Review
Verified User
Payroll by Wave
3 years of experience
Payroll by Wave is great, easy to use, intuitive payroll software. As a single owner/employee, I don't have need for a large scale or complicated system, and Wave offers a perfect solution at a very reasonable price point. Its easy to set up, and the customer support is top notch. It's literally just a few clicks of the mouse and payroll is taken care of.
  • Time-saving: Everything is saved from one pay period to the next so it's very easy to click and run.
  • Great price: Perfect for smaller businesses who don't need the extra bells and whistles
  • Customer support: Any questions are addressed quickly, set up was a breeze.
Great for small business payroll needs. Reports and taxes are taken care of, everything is automated and once you're set up it's literally just a matter of minutes to run payroll each time. You also get email reminders which is helpful. There are premium features available for companies with larger/more robust needs, and I would definitely recommend looking into this software if you are searching for a user friendly payroll solution.

Makes payroll dead simple for small businesses

Rating: 10 out of 10
October 23, 2019
I use this to manage payroll for me and my small team. It makes paying employees and filing with the government super quick and easy.
  • Simplified payroll filing.
  • Easy to add/edit/remove employees.
  • Integrates perfectly with my Wave bookkeeping.
Payroll by Wave is very well suited for small to medium-sized businesses that need an easy, low-cost way to correctly pay employees.

A great tool... if you're already in the Wave ecosystem.

Rating: 7 out of 10
September 06, 2016
BB
Vetted Review
Verified User
Payroll by Wave
1 year of experience
From the first time I got into the position of paying staff I've thought that the payroll process is overly complex for what needs to be accomplished. We contracted or hired a person to fill certain hours, roles or needs, so why is it so hard to reward them accordingly? Wave Payroll takes some of the headache, confusion, time and learning curve out of paying your employees. It onboards you quickly to the payroll process, and has you up and running with employee information in a matter of an hour as long as you have deposit and tax information on hand. The interface is easy and intuitive and settings are easy to find and change.
  • An intuitive, clear UI helps you know where everything is, what options are at your disposal. Calendars and timelines show that Wave really thought out how to provide you with useful tool.
  • Pay day can be automated and straightforward.
  • Wave onboarding provides guidance at what information to input next until you are all set up.
Payroll by Wave is a simple tool - and of course it requires you to be inside the Wave ecosystem. So if you are invoicing and accounting with Wave, you are probably a small mom 'n pop setup in search of low-maintenance and cost-effective software. Payroll is a good complement to your Wave account.
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