Choosing the right accounting software is a cornerstone for business success. But, a myriad of options available can make this a daunting task for entrepreneurs and financial managers.

Wave, QuickBooks, and Invoicera are leading contenders, each offering unique features tailored to diverse business needs

But how do you decide which is the perfect fit for your business? 

In this blog post, we delve into a detailed comparison of these three popular platforms, highlighting their features, pricing, and the specific business needs they best serve. 

Whether you’re a freelancer, a startup, or an established enterprise, this guide aims to provide valuable insights, helping you make an informed decision that aligns with your financial management requirements.



Features And Capabilities

1. Online Invoicing

INV-online invoicing

Revamp your invoicing strategy with Invoicera’s personalized templates, which enable you to give your brand a unique touch in every invoice. From reflecting your brand identity through customizable templates to including detailed line items for transparent billing, Invoicera elevates your invoicing experience.

2. Recurring Billing

INV-Recurring Billing

Bid farewell to the hassle of repetitive invoicing tasks with Invoicera’s automated recurring billing feature. Set up automated schedules for invoicing convenience, eliminating the need for manual generation of recurring invoices.

3. GST Invoicing

GST Invoicing

Stay on the right side of tax regulations effortlessly with Invoicera’s GST invoicing capabilities. Ensure accurate and automated tax calculations for Goods and Services Tax (GST) compliance, simplifying invoicing while adhering to regulatory requirements.

4. Estimates & Purchase Orders

Estimates & Purchase Orders

Outline project specifics clearly with Invoicera’s estimates and purchase orders, facilitating smoother transactions and clear communication. Communicate cost expectations for future work and streamline procurement details for efficient business transactions.

5. Integration with 3rd Party Systems

Integration with 3rd Party Systems

Integrate Invoicera with your preferred third-party systems, ensuring streamlined workflows and data consistency across integrated platforms. Connect CRM or accounting software effortlessly for enhanced efficiency.

6. Client Portal

Client Portal

Impress clients by providing a secure client portal through Invoicera, offering a private space to view invoices and project details and communicate securely. Foster transparency and facilitate direct communication with clients.

7. AR & AP Management

AR & AP Management

Simplify managing your finances with Invoicera’s Accounts Receivable (AR) and Accounts Payable (AP) management features. Monitor outstanding balances and track incoming/outgoing payments for efficient financial management.

8. Multi-currency & Multi-lingual Support

Multi-currency & Multi-lingual Support

Expand your global reach with Invoicera’s multi-currency and multi-lingual support. It offers 15+ languages and multiple currencies, enabling effective communication and worldwide transactions.

9. Projects & Tasks

Projects & Tasks

You can keep projects organized and on track with Invoicera’s project and task management features. Track project progress, allocate resources efficiently, and ensure timely completion of tasks for successful project delivery.

10. Time Tracking

Time Tracking

Invoicera’s time-tracking feature enables you to record billable hours accurately and ensures precise invoicing and efficient payment processes. 

11. Online Payments

Online Payments

It facilitates faster payments for your clients with 14+ online payment options. Also, it offers secure and hassle-free online payment methods, providing clients with multiple payment choices.

12. Data Security & Backups

Data Security & Backups

With Invoicera’s stringent security measures and regular backups, your data always remains safe. It safeguards your sensitive financial information effectively by implementing top-notch data protection and reliability security protocols.

Invoicera Is For

  • Freelancers: Offering customizable invoicing and time-tracking features.
  • Small Businesses: Providing easy-to-use invoicing with recurring billing options.
  • Mid-sized Enterprises: Needing a balance between invoicing and project management tools.
  • Businesses Seeking Integration: Offering seamless integration with third-party systems for streamlined workflows.
  • Global Operations: Supporting multi-currency and multi-lingual functionalities for businesses working internationally.

Pricing And Subscription Options


Invoicera provides a free plan, but its premium options are affordable, delivering great business value.

  • The ‘Infinite’ plan offers unlimited everything for ₹14999 per year.
  • The well-known ‘Enterprise’ plan is priced at ₹9999 per year.
  • Small and medium-sized businesses can opt for the ‘Business’ plan at ₹4999 per year.
  • The ‘Starter’ plan caters to startups or small businesses at ₹2499 per year.
Looking To Simplify Your Invoicing Needs?

Invoicera: All-In-One Invoicing Solution


wave logo

Meet Wave—an awesome accounting buddy that makes handling finances easier! 

It’s all about simplifying your money game, offering free tools to create invoices, track expenses, and more without the headache of high costs. 

Wave’s here to make your financial life easier, no matter the size of your business.

Wave Is For

  • Freelancers: Wave makes managing your money a breeze. Create and dispatch professional invoices in minutes, giving you more time to focus on what you do best.
  • Contractors: Use free accounting tools to effortlessly keep tabs on your business expenses.
  • Consultants: Wave streamlines your money management process. Set up recurring invoices and payments for your retainer clients hassle-free, empowering you to focus on delivering top-notch consultancy.
  • Self-Employed Entrepreneurs: Wave is a go-to for money management. Pay your team with absolute confidence, ensuring smooth financial operations for your growing business.


1. Invoicing

Wave invoice

Wave’s invoicing feature is your shortcut to boosting business revenue. With lightning-fast invoice creation, you’ll send polished, professional invoices in seconds, ensuring a steady income stream.

Plus, streamline your cash flow by setting up hassle-free recurring invoices and automatic payments for loyal customers.

2. Payments

wave payments

Make money move smoother! 

With Wave software, offer your customers easy payment options like credit cards, bank transfers, or Apple Pay. It’s all about giving them the convenience of paying with just one click.

3. Accounting

Accounting wave

With Wave software, you can easily track the money coming in and going out, stay on top of your cash flow, and wave goodbye to the stress of tax time.

No more spreadsheet chaos—just smooth sailing toward financial organization.

4. Payroll

wave payroll summary

Get your team paid swiftly with our Payroll feature—no payroll degree required!

Tailored for small business owners, Wave’s user-friendly tool simplifies the process and guides you through, making the payroll smoother.

5. Advisors

wave advisors

Wave’s dedicated team of bookkeeping, accounting, and payroll experts is ready to provide personalized guidance or take care of your tasks.

Whether you want coaching or someone to handle the work directly, they will support you without judgment.


wave pricing

  • Accounting Software: (Free) It offers basic accounting features at no cost with unlimited income and expense tracking.
  • Payment Processing: Transaction-based Fees. It charges a fixed percentage for card transactions and a flat fee for bank payments.
  • Payroll Services: Subscription-based. It offers direct deposit, tax calculations and filing, and subscription varies by the number of employees and frequency.
  • Additional Services: Varying Costs. It offers professional bookkeeping and advisory services.
Looking To Simplify Your Global Operations?

Handle Multiple Currencies With Invoicera!


Quickbook logo

Features And Capabilities

1. Cloud Accounting

You can reach your account, handle your business, and stay organized no matter where you are, whether on your computer, phone, or tablet.

Using QuickBooks, which stores your financial information online, you can monitor sales, make invoices, and stay updated on your business performance whenever needed.

QuickBooks’ cloud accounting tool lets your bookkeeper, accountant, or team members access and work with your data in real time online.

2. Invoicing

Effortlessly craft professional-looking invoices, sales receipts, and estimates within minutes.

Tailor these invoices to your brand’s identity by adding your company logo, choosing colors representing your brand, and including essential contact information.

Simplify generating GST-compliant invoices by selecting built-in data fields designed to meet GST requirements.

3. Online Banking

When you use QuickBooks Online Software, your bank statements and transactions update themselves. Just link your bank accounts to QuickBooks.

You can also easily add receipts and notes to your transactions.

4.  Accounting Reports

Immediately view how well your business is doing using reports and dashboards you can change to fit your needs.

Get current reports, like your balance sheet, profit & loss, and cash flow statement.

Easily spot all invoices that have yet to be paid or are late so you can follow up on getting paid.

5. Cash Flow Management

In QuickBooks, handling your money flow becomes easy. You can quickly put in the bills you get from people you buy stuff from and pay them at just the right time.

You can also make regular payments, saving time and always paying what you owe without any problems.

6. Time Tracking

quickbook time tracking

Keeping track of time becomes easier with QuickBooks’ easy-to-use features. You can easily record how long employees work and keep track of hours spent on projects for clients or by specific team members.

QuickBooks smoothly combines these records. It even does the math for you, automatically adding billable hours to your invoices. This saves you the trouble of having to do calculations by hand.

7. Multiple Users

quickbook multiple users

8. Free unlimited support

One great thing about QuickBooks is that it gives you free, unlimited help whenever needed. If you ever need assistance, QuickBooks offers a lot of support, giving you answers and useful info to help you manage your business better.

Having this kind of support ready to use can really make a difference when facing any problems that come up.

Quickbooks Is For

  • Entrepreneurs and Startups: Its user-friendly interface and accessible features suit those new to accounting software, helping them manage finances efficiently.
  • Freelancers and Self-Employed Individuals: QuickBooks simplifies invoicing, expense tracking, and tax preparation, making it a go-to option for those managing their finances.
  • Small to Medium-Sized Businesses: Its scalability allows businesses to grow without switching to a different platform, offering tools for inventory management, payroll, and more.
  • Non-Accountants: QuickBooks caters to users who need to be accounting experts, providing guidance, support, and easy-to-understand functionalities that don’t require an accounting background.
  • Companies Requiring Collaboration: Its multiple-user access and collaborative features suit businesses working with accountants, teams, or remote collaborators.

Pricing And Subscription Options

Quickbook pricing

  • Simple Start: This plan usually starts at around $9 per month. It’s ideal for small businesses and offers essential features like tracking income and expenses, invoicing, and basic reporting.
  • Essentials: Priced at approximately $18 per month, this plan includes additional features such as bill management, time tracking, and more robust reporting options.
  • Plus: For around $27 per month, this plan extends the capabilities further, offering inventory tracking, project profitability analysis, and a few advanced features.
  • Advanced: The QuickBooks Advanced plan, priced at $60 per month, offers an extensive suite of features tailored for growing businesses.

Pros and Cons of Wave, Quickbooks, and Invoicera

Software Pros Cons
  • Free and easy to use
  • Cloud-based, access from anywhere
  • Unlimited users
  • Limited integration options
  • Payroll is shown in summary
  • Limited advanced features
  • Simple to learn and use
  • Seamless integration with other tools
  • Generates comprehensive accounting reports
  • Budget-friendly pricing
  • Accessible across devices
  • Quick error detection and fixing
  • Effortless customer data retrieval


  • Missing lot tracking and bar code scanning
  • Limited key reports beyond basic accounting
  • Prone to instability and system crashes
  • Lacks direct professional support
  • Geared towards small businesses
  • Inconsistent data backup risks information loss
  • Vulnerable to easy error manipulation
  • Easy for beginners and seasoned users
  • Detailed financial insights
  • Automate invoices and payments for efficiency
  • Mobile Accessibility
  • Unlimited features in only premium plan




Wave, Quickbooks, Invoicera: Which One Is Right for Your Business?

Deciding on the perfect accounting software—Wave, QuickBooks, or Invoicera—can make a big difference for your business. Each one has its strengths tailored for different needs.

Wave’s all about being user-friendly and making accounting tasks easy for everyone, whether you’re just starting or a seasoned pro.

QuickBooks dives deep into detailed reports, giving you a clear picture of your finances, ideal for businesses of any size.

Then there’s Invoicera, focused on automating those repetitive invoicing and payment tasks, saving time and reducing errors, specially handy for specialized invoicing needs.

The trick is finding the one that fits your business like a glove. Think about what you need most—simplicity, in-depth insights, or automation. It’s not just about features; it’s about finding your perfect business partner in Wave, QuickBooks, or Invoicera.Feature Comparison Table

Why Choose Invoicera?

A. Offers Customization And Flexibility

Invoicera stands out by offering robust customization options, allowing businesses to tailor their invoices, reports, and workflows to match their unique branding and requirements.

Its flexibility enables seamless adaptation to diverse business needs.

B. Helps In Global Operations

With multi-currency and multilingual support, Invoicera simplifies global operations.

Businesses can effortlessly manage transactions and communicate with clients worldwide, overcoming currency and language barriers.

C. Manages Projects And Tasks

Invoicera goes beyond invoicing, integrating project and task management features.

It streamlines project workflows, tracks tasks, allocates resources, and even converts billable hours into invoices, ensuring comprehensive project management.

D. Handles Subscription And Recurring Billing

For businesses relying on subscription-based services, Invoicera simplifies billing with automated recurring invoicing.

This feature efficiently manages subscription cycles, ensuring timely billing and reducing administrative burdens.

E. Offers Collaboration With Clients

Enabling seamless collaboration, Invoicera facilitates client engagement through a client portal.

Clients can access invoices, make payments, and communicate directly, fostering transparency and enhancing relationships.

F. Affordable For Small Businesses

Invoicera provides cost-effective solutions tailored for small businesses.

Its pricing structure is designed to offer essential features at accessible rates, making it an attractive option for startups and smaller enterprises seeking efficient invoicing and billing solutions.


The choice between Wave, QuickBooks, and Invoicera isn’t about finding a one-size-fits-all solution but discovering what aligns best with your unique business needs.

Wave stands out with its user-friendly interface and free tools, ideal for startups and small businesses.

QuickBooks offers versatility and scalability for businesses of all sizes, with robust financial management features.

Invoicera shines with specialized invoicing solutions and expense-tracking capabilities that cater to specific business requirements.

When deciding, consider your business’s scalability, specific needs, and the value each platform brings. Test trials, explore features, and read user reviews to find the perfect match that supports your financial operations and business growth.

Looking To Elevate Your Client Interactions?

Enhance Client Communication With Invoicera


Which software is best for freelancers or small businesses?

Invoicera is excellent for freelancers and small businesses due to its user-friendly interface and automated invoicing features.

Is Invoicera suitable for businesses needing specialized invoicing features?

Absolutely! Invoicera offers customized invoicing solutions and robust expense tracking, making it great for businesses with specific invoicing needs.

Are these platforms accessible on mobile devices?

Yes, all three—Wave, QuickBooks, and Invoicera—offer mobile accessibility for managing finances on the go.