Softwr

Software · head to head

Wave vs Freelancer.com

Wave logo

Wave

Software

Financial software for small businesses

From
Free
Rated
-
Freelancer.com logo

Freelancer.com

Software

Find the best freelancers for any job online

From
On request
Rated
-

The short version

  • Only Wave has a free tier, so it costs nothing to try first.
  • Each has a real cost: Wave automatic bank transaction import and receipt scanning require the Pro plan at $19 a month; Freelancer.com freelancers pay 10% or $5 (whichever is greater) on fixed-price projects, plus a further 15% fee on Preferred Freelancer Recruiter projects

Where they differ

Only the attributes on which Wave and Freelancer.com actually diverge.

Attributes where Wave and Freelancer.com differ
AttributeWaveFreelancer.com
Starting priceFreeOn request
Pricing modelfreemiumsubscription
Free tierYesNo
PlatformsWeb, Ios, AndroidWeb
Founded2010Unknown

Identical on both: user rating (Not yet rated), category (Unknown).

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 Wave

  • Double-entry accounting
  • Invoicing
  • Expense tracking
  • Financial reporting
  • Bank reconciliation
  • Receipt scanning
  • Multi-currency
  • Sales tax tracking

Only in Freelancer.com

Nothing recorded that Wave does not also cover.

What people use each for

The jobs each tool is most often brought in to do.

Wave

  • Invoicing and bookkeeping for very small businesses and freelancersnot Freelancer.com
  • Accepting card payments against issued invoicesnot Freelancer.com

Freelancer.com

No use cases recorded yet. See the Freelancer.com review.

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

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

Freelancer.com

  • Freelancers pay 10% or $5 (whichever is greater) on fixed-price projects, plus a further 15% fee on Preferred Freelancer Recruiter projects
  • International wire withdrawal costs $25 and card/PayPal transactions add $0.30 plus 2.3%

Pricing, plan by plan

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

Freelancer.com

On request

No published plan breakdown. See the Freelancer.com review.

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.

Choose Freelancer.com if

Nothing in the data separates Freelancer.com from Wave on the points above - pick on price and on how each one feels to use.

Questions people ask

Is Wave or Freelancer.com better?
Neither clearly leads. Wave starts at Free and Freelancer.com at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Wave or Freelancer.com?
Wave has a free tier; the other does not. Paid plans start at Free for Wave and On request for Freelancer.com.
Does Wave or Freelancer.com run on more platforms?
Wave runs on Web, Ios, Android. Freelancer.com runs on Web.
Can I use Wave for free?
Yes. Wave has a free tier, so you can try it without paying. Freelancer.com starts at On request.
What is Wave best used for?
Wave is most often used for invoicing and bookkeeping for very small businesses and freelancers, accepting card payments against issued invoices. Of those, invoicing and bookkeeping for very small businesses and freelancers and accepting card payments against issued invoices are not what Freelancer.com is typically brought in for.
What can Wave do that Freelancer.com cannot?
Wave covers Double-entry accounting, Invoicing, Expense tracking, Financial reporting.

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