Compare Payroll by Wave and Web Pay - Sep 2022

Shlomi Lavi

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

Web Pay is more expensive to implement (TCO) than Payroll by Wave, and Web Pay is rated higher (89/100) than Payroll by Wave (80/100). Payroll by Wave offers users more features (8) than Web Pay (6).

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. Paylocity

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.

Paylocity: At Paylocity, our mission is to elevate the profession of Payroll and Human Resources out of the back office and into the boardroom where it belongs. We do this by providing clients with the same caliber Cloud software solutions found in other critical areas such as Sales, Finance, and Operations. One of our primary goals at Paylocity is to ma...

Who is more expensive? Payroll by Wave or Web Pay?

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 Web Pay.

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. Web Pay 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: Web Pay is more expensive than Payroll by Wave.

Which software includes more/better features?

We've compared Payroll by Wave Vs. Web Pay 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.

Web Pay: Benefits Administration, Payroll, Data Analysis Tools, Direct Deposit, Payroll Tax Management.

Target customer size

The software is a viable product for small and medium businesses without any restriction on industrial affiliation. Customers of the software include small and medium businesses as well as large enterprises.