Compare Patriot PAY and Payroll by Wave - Sep 2022

Shlomi Lavi

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

Patriot PAY is more expensive to implement (TCO) than Payroll by Wave, and Patriot PAY is rated higher (92/100) than Payroll by Wave (80/100). Payroll by Wave offers users more features (8) than Patriot PAY (5).

Looking for the right Small Business 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:

Patriot Software Vs. Wave Accounting

Patriot Software: We at Patriot Software understand small business. We’ve never forgotten our entrepreneurial beginnings in the basement of a factory, over 25 years ago. Those early years were tough and exhilarating... but they forged a set of core values, and a passion for small business that will be with us forever!

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? Patriot PAY or Payroll by Wave?

The real total cost of ownership (TCO) of Small Business 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 Patriot PAY and Payroll by Wave.

Patriot PAY price starts at $10 per month , On a scale between 1 to 10 Patriot PAY is rated 2, which is much lower than the average cost of Small Business 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 Small Business Payroll software cost.

Bottom line: Patriot PAY cost is around the same cost of Payroll by Wave.

Which software includes more/better features?

We've compared Patriot PAY Vs. Payroll by Wave based on some of the most important and required Small Business Payroll features.

Patriot PAY: Accounting & Finance, Time and Expense Tracking, Billing & Invoicing, Payroll Tax Management, Expense Management.

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

Target customer size

The software has mainly been designed for small and medium sized businesses, including new startups. The software is a viable product for small and medium businesses without any restriction on industrial affiliation.