What is waveapps.com?

Wave provides a suite of financial tools designed specifically for small business owners, freelancers, contractors, and consultants. It integrates key financial tasks into a single platform, aiming to simplify money management. Users can create and send professional invoices and estimates, enhancing their business image and streamlining billing processes. The platform also facilitates faster payments by allowing customers to pay online via credit card, bank transfer, or Apple Pay.

Beyond invoicing and payments, the tool includes robust accounting features for tracking income and expenses, managing cash flow, and generating essential financial reports. It offers features like receipt scanning using Optical Character Recognition (OCR) technology and automatic bank transaction imports and categorization to automate bookkeeping. Payroll services are available for managing employee and contractor payments, and users can access support from in-house bookkeeping, accounting, and payroll experts for coaching or direct assistance.

Features

Professional Invoicing: Create and customize unlimited invoices and estimates.
Online Payments: Accept payments via credit card, bank transfer, and Apple Pay directly through invoices.
Accounting Software: Track income and expenses, manage cash flow, and access financial reports.
Receipt Scanning: Digitize receipts using OCR technology via mobile app, desktop, or email (Add-on or Pro Plan feature).
Payroll Services: Manage payments for employees and contractors (Add-on).
Bank Integration: Automatically import and categorize bank transactions (Pro Plan).
Advisor Access: Connect with bookkeeping, accounting, and payroll experts for support (Add-on).
Mobile App: Manage invoicing, payments, and receipts on the go.
Automated Reminders: Set up automatic late payment reminders for invoices (Pro Plan).

Use Cases

Streamlining invoicing and accelerating payment collection for small businesses.
Simplifying bookkeeping and preparing for tax season.
Managing payroll efficiently for employees and contractors.
Tracking business financial health through income/expense monitoring and reporting.
Digitizing and organizing business receipts automatically.
Centralizing financial management tasks for freelancers and solopreneurs.

FAQs

Is Wave's software something I need to install?

Wave's tools are web-based, requiring only an internet connection and browser. No installation is needed for the online software. A mobile app is available for managing invoices and payments on iOS and Android.
Is my data secure when I use Wave?

Wave protects servers physically and electronically. Connections between you, your bank accounts, and Wave use 256-bit SSL encryption. Wave is a PCI-DSS Level 1 Service Provider.
Can I change plans easily?

Yes, you can upgrade to the Pro Plan from within your Wave account. Details on changing subscription periods, plan types, and cancellations are available in the Help Center.
Is the subscription fee for the Pro Plan per owner or per business?

The Pro Plan subscription fee is per business. If you manage multiple businesses under one Wave account, each business needs its own Pro Plan subscription.
Do you provide customer support?

Different levels of support are provided depending on the plan and add-on features. Live chat and email support are available Monday to Friday, 9 AM to 4:45 PM Eastern for users with optional add-ons or the Pro Plan.