Bill.com vs Wave: which one fits your business?
Side-by-side comparison of Bill.com and Wave — fees, features, ease, support, and which one fits your business. Scored on the same rubric.
Short answer: Wave wins on our scorecard (7.8/10 vs 7.1/10).
| Scored on | Bill.com | Wave |
|---|---|---|
| Right fit for small biz | 8 | 8 |
| Ease of use | 7 | 9 |
| Fees & pricing | 6 | 9 |
| Customer support | 5 | 5 |
| Features | 9 | 7 |
| Monthly Subscription (Team Tier) | $55 per user | — |
| ACH Payment Fee | $0.49 each | — |
| Mailed Check Fee | $1.69 each | — |
| International Wire (USD) | $0.00 (with FX markup) | — |
| Starter Plan | — | $0/mo |
| Pro Plan | — | $16/mo |
| CC Processing (Visa/MC) | — | 2.9% + $0.60 |
| CC Processing (Amex) | — | 3.4% + $0.60 |
| ACH Processing | — | 1% ($1 min) |
| Payroll (Tax Service) | — | $40 + $6/employee |
Bill.com in one paragraph
Bill.com is the gold standard for mid-sized small businesses needing strict approval workflows, provided you can stomach the per-transaction fees.
Skip it if: You are a solopreneur with fewer than 10 invoices a month who doesn't need a formal approval trail.
Wave in one paragraph
Wave remains the gold standard for free invoicing and simple bookkeeping for solo service providers, provided you don't mind limited support.
Skip it if: Skip it if you sell physical inventory or plan to scale to a 10+ person team within the next year.
Frequently asked questions
Which is better, Bill.com or Wave?
On our five-axis scorecard, Wave scores higher (7.8/10 vs 7.1/10). Wave remains the gold standard for free invoicing and simple bookkeeping for solo service providers, provided you don't mind limited support.
Who should skip Bill.com?
You are a solopreneur with fewer than 10 invoices a month who doesn't need a formal approval trail.
Who should skip Wave?
Skip it if you sell physical inventory or plan to scale to a 10+ person team within the next year.