Holded vs Wave: Complete Comparison 2026
An in-depth comparison of features, pricing, and user experience to help you make the right choice.
Holded
Spanish cloud ERP combining accounting, invoicing, CRM, projects, and HR in one platform built for Spain and Latin America.
Wave
8.0(5,600 reviews)
Free accounting software for small businesses with invoicing, receipts, and financial reporting.
Quick Comparison
| Aspect | Holded | Wave |
|---|---|---|
| Best For | Spanish SMBs needing SII compliance built-in | Bootstrapped startups and new businesses |
| Pricing Model | Subscription | Freemium |
| Starting Price | $10/mo | Free |
| Deployment | cloud | cloud |
| Platforms | WEB, IOS, ANDROID | WEB, IOS, ANDROID |
| Rating | 7.8/10 | 8.0/10 |
Pros & Cons
Holded
Pros
- Native SII tax compliance saves hours for Spanish businesses
- All-in-one ERP at a fraction of the cost of separate tools
- Clean, modern interface that non-accountants can figure out
- Strong bank connections with major Spanish banks
- Multi-company management from one dashboard
Cons
- Multi-currency handling is basic compared to Xero
- Mobile app lags behind the web version in features
- Individual modules lack depth of specialized tools
- Limited value outside Spain and LATAM markets
- Customer support response times can be slow
Wave
Pros
- Core accounting is genuinely free
- Full double-entry accounting
- No artificial limitations or trials
- Good for cash-strapped startups
Cons
- No inventory management
- Limited integrations
- Basic customer support
- May outgrow it as you scale
Pricing Comparison
| Product | Pricing Model | Starting Price |
|---|---|---|
| Holded | subscription | $10/mo |
| Wave | freemium | Free0 |
Our Verdict
Choose Holded if...
Spanish SMBs needing SII compliance built-in
Choose Wave if...
Bootstrapped startups and new businesses
Still Not Sure?
Explore more alternatives or read in-depth reviews to make your decision.