Compare Payroll by Wave and ADP RUN - Sep 2022

Shlomi Lavi

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

ADP RUN is more expensive to implement (TCO) than Payroll by Wave, and ADP RUN is rated higher (94/100) than Payroll by Wave (80/100). Payroll by Wave offers users more features (8) than ADP RUN (5).

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. ADP

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.

ADP: Automatic Data Processing, Inc. (Nasdaq: ADP), with more than $10 billion in revenues and approximately 600,000 clients, is one of the world's largest providers of business outsourcing solutions. Leveraging over 60 years of experience, ADP offers a wide range of human resource, payroll, tax and benefits administration solutions from a single sou...

Who is more expensive? Payroll by Wave or RUN Powered by ADP?

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 RUN Powered by ADP.

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. RUN Powered by ADP price starts at $59 per employee/month + $4 per employee , When comparing RUN Powered by ADP to its competitors, the software is rated 2 - much lower than the average Payroll software cost.

Bottom line: Payroll by Wave cost is around the same cost of RUN Powered by ADP.

Which software includes more/better features?

We've compared Payroll by Wave Vs. ADP RUN 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.

RUN Powered by ADP: Employee Self-Service, Payroll, Data Analysis Tools, Attendance Management, Check Fraud Monitoring.

Target customer size

The software is a viable product for small and medium businesses without any restriction on industrial affiliation. The software is a most viable product for small and medium businesses with backgrounds in a variety of industries.