Bill.com vs Wave: Complete Comparison 2026
An in-depth comparison of features, pricing, and user experience to help you make the right choice.
Bill.com
8.0(2,100 reviews)
Accounts payable and receivable automation for businesses managing vendor payments and invoices.
Wave
8.0(5,600 reviews)
Free accounting software for small businesses with invoicing, receipts, and financial reporting.
Quick Comparison
| Aspect | Bill.com | Wave |
|---|---|---|
| Best For | Companies with significant bill volume | Bootstrapped startups and new businesses |
| Pricing Model | Subscription | Freemium |
| Starting Price | $45/mo | Free |
| Deployment | cloud | cloud |
| Platforms | WEB, IOS, ANDROID | WEB, IOS, ANDROID |
| Rating | 8.0/10 | 8.0/10 |
Pros & Cons
Bill.com
Pros
- Automates tedious AP/AR processes
- Strong approval workflow controls
- Integrates with major accounting software
- Reduces paper check handling
Cons
- Not full accounting software
- Per-user pricing adds up
- Learning curve for workflows
- Additional transaction fees
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 |
|---|---|---|
| Bill.com | subscription | $45/mo |
| Wave | freemium | Free0 |
Our Verdict
Choose Bill.com if...
You need Companies with significant bill volume and prefer subscription pricing.
Choose Wave if...
You need Bootstrapped startups and new businesses and prefer freemium pricing.
Still Not Sure?
Explore more alternatives or read in-depth reviews to make your decision.