Compare Ascentis and Payroll by Wave - Sep 2022

Shlomi Lavi

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Bottom Line: Which is Better - Ascentis or Payroll by Wave?

Ascentis is more expensive to implement (TCO) than Payroll by Wave, and Ascentis is rated higher (93/100) than Payroll by Wave (80/100). Ascentis offers users more features (15) than Payroll by Wave (8).

Looking for the right Payroll solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

Ascentis Software Corporation Vs. Wave Accounting

Ascentis Software Corporation: Ascentis offers a comprehensive suite of on-demand HRIS/HRMS HR software, employee self-service, online payroll, applicant tracking system, and time and attendance software solutions. Our HRIS software/ HR management software, online payroll services, recruiting software, and online timesheet products are easy to set up, use, and are fully backed b...

Wave Accounting: Wave Accounting is an awesome, cloud-based, integrated software and tools for small businesses. So far, that includes Invoicing, Accounting, Payroll, Payments and more, plus Personal Finance Software, too.

Who is more expensive? Ascentis or Payroll by Wave?

The real total cost of ownership (TCO) of Payroll software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Ascentis and Payroll by Wave.

Ascentis price starts at $5.40 per user/month , On a scale between 1 to 10 Ascentis HR is rated 4, which is lower than the average cost of Payroll software. Payroll by Wave price starts at $35 per month , When comparing Payroll by Wave to its competitors, the software is rated 2 - much lower than the average Payroll software cost.

Bottom line: Ascentis is more expensive than Payroll by Wave.

Which software includes more/better features?

We've compared Ascentis Vs. Payroll by Wave based on some of the most important and required Payroll features.

Ascentis: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Benefits Administration, Employee Self-Service, HR Management, LMS, Payroll, Performance Record, Recruiting, Software Customization.

Payroll by Wave: Check Printing, Benefits Administration, Employee Self-Service, Payroll, Data Analysis Tools.

Target customer size

Ascentis HR is intended for mid-sized companies counting between 100 to 2500 workers. The software is a viable product for small and medium businesses without any restriction on industrial affiliation.