Software · head to head
Bidsketch vs Wave
The short version
- Only Wave has a free tier, so it costs nothing to try first.
- Each has a real cost: Bidsketch tiers are seat caps rather than feature sets, at 1 user on Solo, 3 on Team and 8 on Business, with the same features throughout; Wave automatic bank transaction import and receipt scanning require the Pro plan at $19 a month
- They diverge on capability: Bidsketch covers Proposal templates, Wave covers Double-entry accounting.
Where they differ
Only the attributes on which Bidsketch and Wave actually diverge.
Identical on both: user rating (Not yet rated), category (Unknown), founded (2010).
What each one covers
Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.
Only in Bidsketch
- Proposal templates
- Reusable content
- Electronic signatures
- Analytics
- PDF export
- Salesforce
- FreshBooks
- Zapier
Only in Wave
- Double-entry accounting
- Invoicing
- Expense tracking
- Financial reporting
- Bank reconciliation
- Receipt scanning
- Multi-currency
- Sales tax tracking
Both cover
- Web support
What people use each for
The jobs each tool is most often brought in to do.
Bidsketch
- Writing and sending client proposals from templatesnot Wave
- Electronic signature and approval on a proposalnot Wave
- Tracking when a proposal is openednot Wave
- Reusable fee and content sections across proposalsnot Wave
Wave
- Invoicing and bookkeeping for very small businesses and freelancersnot Bidsketch
- Accepting card payments against issued invoicesnot Bidsketch
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
Bidsketch
- Tiers are seat caps rather than feature sets, at 1 user on Solo, 3 on Team and 8 on Business, with the same features throughout
- The $15 Starter plan is annual only, caps clients at 25 and excludes e-signatures and custom domains
- Team is $79 a month billed monthly against $47 billed annually, a large gap for paying monthly
- There is no free tier, only a 14 day trial
Wave
- Automatic bank transaction import and receipt scanning require the Pro plan at $19 a month
- The free plan pays a $0.60 per transaction fee on card payments on top of 2.9%, which Pro waives only for the first 10 transactions a month
- Beyond 10 transactions a month the Pro plan pays the same per transaction fee as the free one
- Amex is charged at 3.4% rather than 2.9% on both plans
Pricing, plan by plan
Bidsketch
$29/monthNo published plan breakdown. See the Bidsketch review.
Wave
Free- AccountingFree
- Unlimited invoicing
- Expense tracking
- Financial reports
- Payments$undefined/transaction
- 2.9% + $0.60 per transaction
- Credit card processing
- Bank payments (1%)
- Payroll$35/month
- $35/month base + $6/employee
- Tax calculations
- Direct deposit
Which should you pick?
Choose Wave if
- You need double-entry accounting.
- You want to start without paying.
- You work on Web, Ios, Android.
- You also want invoicing.
Questions people ask
- Is Bidsketch or Wave better?
- Neither clearly leads. Bidsketch starts at $29/month and Wave at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, Bidsketch or Wave?
- Wave has a free tier; the other does not. Paid plans start at $29/month for Bidsketch and Free for Wave.
- Does Bidsketch or Wave run on more platforms?
- Bidsketch runs on Web. Wave runs on Web, Ios, Android.
- Can I use Wave for free?
- Yes. Wave has a free tier, so you can try it without paying. Bidsketch starts at $29/month.
- What is Bidsketch best used for?
- Bidsketch is most often used for writing and sending client proposals from templates, electronic signature and approval on a proposal, tracking when a proposal is opened, reusable fee and content sections across proposals. Of those, writing and sending client proposals from templates and electronic signature and approval on a proposal are not what Wave is typically brought in for.
- What can Bidsketch do that Wave cannot?
- Bidsketch covers Proposal templates, Reusable content, Electronic signatures, Analytics. Wave covers Double-entry accounting, Invoicing, Expense tracking, Financial reporting. Both handle Web support.
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