Compare TimeAttend and Payroll by Wave - Sep 2022

Shlomi Lavi

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

TimeAttend is more expensive to implement (TCO) than Payroll by Wave, and TimeAttend is rated higher (92/100) than Payroll by Wave (80/100). TimeAttend offers users more features (10) than Payroll by Wave (8).

Looking for the right Time and Attendance 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:

TimeAttend Vs. Wave Accounting

TimeAttend: TimeAttend was launched over 6 years ago with a set of core principles that have remained unchanged to this day. The system was initially designed to cater specifically for the contract cleaning industry.It has now evolved into a comprehensive time and attendance suite used internationally by a wide range of different businesses and industries, bot...

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? TimeAttend or Payroll by Wave?

The real total cost of ownership (TCO) of Time and Attendance 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 TimeAttend and Payroll by Wave.

TimeAttend price starts at $9 per user/month , On a scale between 1 to 10 TimeAttend is rated 2, which is much lower than the average cost of Time and Attendance 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 Time and Attendance software cost.

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

Which software includes more/better features?

We've compared TimeAttend Vs. Payroll by Wave based on some of the most important and required Time and Attendance features.

TimeAttend: Appraisal Performance, Benefits Administration, Employee Self-Service, HR Management, Recruiting, Billing & Invoicing, Automatic Time Capture, Multiple Pay Rates.

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

Target customer size

TimeAttend is a cross industry product suitable for almost any industry and it is scalable for any size of business. The software is a viable product for small and medium businesses without any restriction on industrial affiliation.