Compare Payroll by Wave and Vibe HCM - Sep 2022

Shlomi Lavi

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

Vibe HCM is more expensive to implement (TCO) than Payroll by Wave, and Vibe HCM is rated higher (92/100) than Payroll by Wave (80/100). Vibe HCM offers users more features (13) 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:

Wave Accounting Vs. cfactor Works, 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.

cfactor Works, Inc.: For over a decade cfactor Works, Inc. has delivered collaboration, engagement and productivity tools for hundreds of thousands of employees. We do this by deploying HR management, communication and social technology. Keep existing systems that are working in place and layer in cfactor to cost-effectively achieve best in class experiences using all,...

Who is more expensive? Payroll by Wave or Vibe HCM?

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 Vibe HCM.

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. Vibe HCM accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Payroll by Wave is rated 2, which is much lower than the average cost of Payroll software.

Bottom line: Vibe HCM is more expensive than Payroll by Wave.

Which software includes more/better features?

We've compared Payroll by Wave Vs. Vibe HCM 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.

Vibe HCM: Appraisal Performance, Benefits Administration, Employee Self-Service, HR Management, LMS.

Target customer size

The software is a viable product for small and medium businesses without any restriction on industrial affiliation. Vibe HCM is perfect for mid-sized and large enterprises with 100 to thousands of employees.