Compare Payroll by Wave and Optimum Solutions - Sep 2022
Compare PricingWe publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .
Bottom Line: Which is Better - Payroll by Wave or Optimum Solutions?
Optimum Solutions is more expensive to implement (TCO) than Payroll by Wave, and Optimum Solutions is rated higher (92/100) than Payroll by Wave (80/100). Payroll by Wave offers users more features (8) than Optimum Solutions (3).
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:
Wave Accounting Vs. Optimum Solutions, Inc.
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.
Optimum Solutions, Inc.: Optimum Solutions, Inc. is a software development company providing Payroll, Human Resources, and Time & Attendance software for both the IBM iSeries (AS/400) and Microsoft Windows platforms or in the cloud. Optimum Solutions' mission is to help businesses pay and manage their personnel by providing reliable and fairly priced state-of-the-art so...
Who is more expensive? Payroll by Wave or Optimum Solutions?
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 Payroll by Wave and Optimum Solutions.
Payroll by Wave price starts at $35 per month , On a scale between 1 to 10 Payroll by Wave is rated 2, which is much lower than the average cost of Payroll software. Optimum Solutions price starts at $10,000 per license , When comparing Optimum Solutions to its competitors, the software is rated 4 - lower than the average Payroll software cost.
Bottom line: Optimum Solutions is more expensive than Payroll by Wave.
Which software includes more/better features?
We've compared Payroll by Wave Vs. Optimum Solutions based on some of the most important and required Payroll features.
Payroll by Wave: Check Printing, Benefits Administration, Employee Self-Service, Payroll, Data Analysis Tools, Direct Deposit, Payroll Tax Management, W-2 Preparation.
Optimum Solutions: Applicant Tracking, Payroll Tax Management, Time management.
Target customer size
The software is a viable product for small and medium businesses without any restriction on industrial affiliation. and Optimum Solutions's target customer size include: Medium and large size businesses.
Optimum Solutions
starts at $10,000 per license
Optimum HRIS is a cloud-based and on-premise human resource and payroll software that offers HR, payroll, as well as time and attendance management features. Optimum solutions provide a payroll module that enab...
Compare PricingCompare specifications
Payroll by Wave Specifications
ITQlick Score: | 80/100 |
---|---|
ITQlick Rating: |
|
Pricing: | 2/10 - low cost |
Category: | Payroll -> Payroll by Wave review |
Company: | Wave Accounting |
Pricing: | starts at $35 per month |
Typical customers: | Small businesses and start ups |
Platforms: | Desktop, Mobile, Cloud |
Links: | Payroll by Wave review, Payroll by Wave pricing, Payroll by Wave alternatives |
Optimum Solutions Specifications
ITQlick Score: | 92/100 |
---|---|
ITQlick Rating: |
|
Pricing: | 4/10 - average cost |
Category: | Payroll -> Optimum Solutions review |
Company: | Optimum Solutions, Inc. |
Pricing: | starts at $10,000 per license |
Typical customers: | Medium and large size businesses |
Platforms: | Desktop, Cloud |
Links: | Optimum Solutions review, Optimum Solutions pricing, Optimum Solutions alternatives |
Compare features
Payroll by Wave: 8 Features
Optimum Solutions: 3 Features
Auditor - Shlomi Lavi
Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.