Wave Accounting Alternatives: Automate Invoicing, Get Paid 2X Faster

Invoicera empowers businesses to automate invoicing, streamline project management, and scale effortlessly—making it a robust alternative to Wave accounting software.

Comparison Table

Choosing the right tool can be tricky, so we’ve put together a side-by-side comparison to make your decision easier.

Features

logo
Wave Logo
quickbooks logo
zoho logo

Customizable Invoice Templates

Multi-Language Invoicing

GST Billing

E-Invoicing

Purchase Order

E-Way Billing

Pricing

$15₹299(Per user / Month)
$16₹1363(Per user / Month)
$19₹1618(Per user / Month)
$29₹2470(Per user / Month)
$21₹1789(Per user / Month)

Calculative Comparison

$150.00₹2990.00(Per user)
$160.00₹13630.00(Per user)
$190.00₹16180.00(Per user)
$290.00₹24700.00(Per user)
$210.00₹17890.00(Per user)

Innovative Features with Minimal Cost = Total Efficiency

Streamline your billing with Invoicera; packed with features that deliver, without fees.

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Data Driving Results

Why Switch from Wave?

Switch to Invoicera—the all-in-one invoicing and project management solution designed to streamline your operations and boost your revenue.

Wave Limitations

  • Lacks project time tracking
  • Limited reporting and analytics
  • No purchase order & Vendor Invoicing
  • Limited Payment Options
play

Why Invoicera

  • Integrated project time tracking
  • Comprehensive reporting & analytics
  • Purchase Orders & Vendor Payments
  • 14+ Payment Options

Invoicera

An advanced invoicing and project management tool that helps businesses streamline project tracking & billing, optimize resource allocation, and stay within budget.

Pros

  • Comprehensive project time tracking
  • Supports multiple payment gateways
  • Multi-user workflow automation
  • Updated and easy-to-use user interface
  • Custom integrations with third-party tools

Cons

  • Limited reports customization
  • Lacks desktop applications

FreshBooks

A versatile project management tool designed to streamline workflows, enhance collaboration, and improve team productivity.

Pros

  • Easy-to-use for small business
  • Multi-currency support
  • Client portal

Cons

  • Limited users in standard plan
  • No Multi-client and project invoicing

QuickBooks

A simple and visual project management tool that uses boards, lists, and cards to help teams organize tasks efficiently.

Pros

  • Comprehensive set of accounting features
  • Strong automation and workflow customization
  • Excellent collaboration and communication tools

Cons

  • Interface is a little more complex than Invoicera
  • Integration is available, but hard to access
  • Data Entry has to be precise

Zoho Invoice

A powerful task and project management tool designed to help teams plan, organize, and track work seamlessly.

Pros:

  • Affordable pricing plans
  • Good for small teams and simple projects
  • A part of the Zoho ecosystem

Cons:

  • Limited storage in the basic plan
  • Complex for big business
  • No desktop application
ADVANCED INVOICING

Why Choose Invoicera Over Wave

Project Billing

Integrated project management features, including task tracking, time tracking, billing, and collaboration tools.

Global Payment Support

Supports 125+ currencies and 14+ payment gateways to handle international transactions seamlessly.

Advanced Reporting

Comprehensive reporting and analytics to gain insights into your business performance.

Quick Answers

Feature-by-Feature Comparison of the Leading Invoicing Software

Comparing Tools on Invoicing Features

A robust invoicing system ensures seamless financial transactions and timely payments. Here’s how different tools help businesses streamline their invoicing process.

Invoicera 

Invoicera is an online invoicing software with highly customizable invoice templates, allowing businesses to create branded invoices effortlessly. 

With advanced automation features like recurring invoices, estimates-to-invoice conversion, and scheduled invoicing, it simplifies billing tasks. It also supports multi-currency invoicing with automatic currency conversion, making global transactions hassle-free. 

Other key features include:

  • E-signature on invoices for secure transactions
  • Late fee calculations and tax compliance automation
  • Multiple payment gateway integrations (14+ options)
  • Retainer invoices and approval workflows for seamless billing

Invoicera is also a strong choice for businesses seeking automated billing software and finance management software.

Wave 

Wave offers free invoicing with simple invoice creation and tracking features. 

It allows businesses to send unlimited invoices and accept online payments. 

However, it lacks advanced invoice customization, retainer invoices, and approval workflows. Best suited for small businesses needing a basic invoicing solution.

FreshBooks 

FreshBooks provides professional-looking invoice templates and automated payment reminders. 

It supports recurring invoices and online payments via credit cards and bank transfers. 

While it offers robust invoice tracking and tax reporting, it lacks multiple business invoicing and extensive payment gateway options.

FreshBooks can be considered a decent Wave Apps alternative with enhanced automation features.

QuickBooks 

QuickBooks enables users to create detailed invoices and track payments in real-time. 

It supports multi-currency invoicing and integrates well with accounting software.

However, it lacks e-signature support on invoices and has limited invoice scheduling capabilities.

Zoho Invoice 

Zoho Invoice provides multi-language and multi-currency support, making it suitable for international businesses. 

It offers automated invoice reminders and detailed invoice reports. 

However, it has limited payment gateway integrations compared to Invoicera.

Comparing Tools on Reporting and Analytics

Detailed reporting and analytics help businesses monitor financial performance and optimize decision-making. Here’s how different tools support data-driven insights.

Invoicera 

Invoicera offers advanced reporting tools with real-time invoice tracking and tax summary reports. 

Its customizable financial reports provide deep insights into revenue, expenses, and outstanding payments. Key features include:

  • Invoice aging reports to track overdue payments
  • Integration with accounting software for seamless financial reporting
  • Custom filtering options for tailored reports

Wave 

Wave provides essential financial reports, including profit and loss statements and cash flow summaries. 

However, it lacks in-depth invoice tracking reports and tax compliance analytics.

It remains one of the more basic online invoicing software options, with several strong alternative to Wave accounting solutions available.

FreshBooks 

FreshBooks offers financial and tax reports along with project profitability tracking. 

It provides automated invoice tracking and tax-time reports but lacks fully customizable financial reports.

QuickBooks 

QuickBooks delivers extensive analytics, including budget management and cash flow forecasting. 

It provides customizable dashboards and detailed financial statements but requires a higher-tier plan for advanced reporting features.

Zoho Invoice 

Zoho Invoice includes invoice tracking and client-based reports. However, it lacks advanced analytics features like invoice error detection and custom report filtering.

Comparing Tools on Global Invoicing

For businesses operating internationally, global invoicing features are essential. Here’s how different tools facilitate cross-border transactions.

Invoicera 

Invoicera is designed for global invoicing with multi-currency and multi-language support. It offers automatic currency conversion and compliance with regional tax regulations. Other notable features include:

  • GST Billing, E-invoicing, and E-way billing support
  • PCI DSS and GDPR compliance for secure transactions
  • Integration with global payment gateways

This makes Invoicera ideal for companies needing both online invoicing software and finance management software on a global scale.

Wave 

Wave supports multi-currency transactions but lacks automatic currency conversion and compliance with regional tax regulations. 

It is suitable for freelancers and small businesses dealing with occasional international clients.

FreshBooks 

FreshBooks allows multi-currency invoicing and expense tracking. 

However, it does not offer comprehensive tax compliance features for global businesses.

QuickBooks 

QuickBooks supports multi-currency transactions and VAT tracking. 

However, it lacks e-invoicing and region-specific compliance features.

Zoho Invoice 

Zoho Invoice includes multi-currency and multi-language support. However, it lacks advanced tax automation and compliance features that Invoicera provides.

Comparing Tools on Client and Vendor Management

Effective client and vendor management ensures smooth business operations. Here’s how different tools handle billing and purchase orders.

Invoicera 

Invoicera provides a dedicated client portal, enabling customers to view invoices and make payments easily. Its vendor invoicing and payments feature simplifies supplier transactions. Key features include:

  • Contact database with billing history
  • Purchase order creation and tracking
  • Multi-client and project invoicing
  • Approval workflows for error-free billing

Invoicera is also suitable for businesses that require time tracking software and automated billing software in one unified platform.

Wave 

Wave offers basic client management with contact storage and invoice history. However, it lacks vendor invoicing and purchase order management.

FreshBooks 

FreshBooks includes client management tools with invoice history and payment tracking. However, it does not support vendor invoicing or purchase order management.

QuickBooks 

QuickBooks allows client invoicing and vendor management. It includes purchase order tracking and expense linking but lacks a dedicated client portal.

Zoho Invoice 

Zoho Invoice provides client management with billing history and invoice tracking. However, it does not offer dedicated vendor invoicing features like Invoicera.

GET ANSWERS FOR

Frequently Asked Questions

How is Invoicera a better alternative to Wave?

Invoicera offers advanced automation, multi-currency invoicing, and custom workflow approvals—features missing in Wave. Plus, it supports businesses of all sizes, while Wave is limited to small businesses and lacks scalability.

Does Invoicera help with project budgeting and cost control?

Yes! Invoicera lets you set project budgets, track expenses in real-time, and get alerts for overspending. It helps you stay on top of costs and ensures better financial control over your projects.

Does Invoicera support online payments like Wave?

Yes, Invoicera integrates with 30+ global payment gateways, offering secure and flexible payment options to your clients worldwide.

Can I generate reports to track project performance?

Absolutely! Invoicera provides detailed reports on expenses, time tracking, payments, and overall project progress. These insights help you make informed decisions and improve efficiency.

TESTIMONIALS

We Love To Hear From Our Users

We value your feedback and love sharing user experiences.

For my contractor business, I needed a solution that replaces an outdated manual invoicing system. Invoicera made it simpler and easier to invoice. Now, I spend less time manually and more time to help clients with their queries. Incredibly intuitive invoicing software.

Invoicera
JACOB DAVIS

When I began my real estate firm, I hated invoicing so much that sometimes I put off sending invoices for months. Invoicera proved to be the best online invoicing platform that caters to professionalism and quickly sent out estimates and invoices on the spot.

Invoicera
HARRY CLARK

No complicated software, easy-to-use interface with definite benefits from fast invoicing, expense tracking, estimates, billing, advanced sales tax and more. Great app for both beginners and advanced users. Now I can look for the detailed financial performance overview and efficiency of people working on billed, unbilled and internal projects. You can easily analyze profit, loss and cash flow.

Invoicera
WILLIAM POWEL

When running the hotel business, controlling business expenses and maintaining surplus cash flow became hectic for me. I wanted a solution that could take my hospitality business to the next level. With rapid research on the internet, I found Invoicera that control all my hotel business expenses with ease. Thank You. Great program.

Invoicera
AMERY DAVIS
TOP RATED GLOBALLY

The #1 Invoicing Software

Streamline billing and generating invoices with Invoicera.

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Invoicera is a true value for money software. It offers great features which are suited to all professions.

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The best Invoice app for managing your finance and generating online invoices. Simple to create invoices and to share with our customers.

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