Wave Alternatives
Five invoicing tools described from each company's own pages. Billed publishes this page, and the tools aren't ranked.
Quick Verdict
Billed publishes this page, so weigh its own entry accordingly. The tools aren't ranked: each card describes one tool from its own pages, so compare the features you use and check each tool's current pricing page before you choose.
Billed publishes this page, and Billed is one of the alternatives on it. Billed is listed first; the other tools are listed alphabetically and aren't ranked. Every statement about a product comes from that company's own website, checked on October 30, 2026, and the sources are listed at the end of the page.
Wave's home page says: "Wave keeps your accounting, invoicing, payments, and more in one unified system." Its invoicing page says: "Add your logo and brand colors to our professional invoice templates." Customers pay through Wave's own online payments, and Wave's pricing page lists a fee on each online payment.
The table below shows where to find each tool's pricing. It doesn't mark free plans, time tracking or projects, so those cells show a dash; check each tool's details below and its own website before you choose.
What to compare
- You want to see how other invoicing tools describe the features you use, such as estimates, recurring invoices, reminders and time tracking
- You want to compare how each tool handles plans and payment fees
- You want to compare how each tool handles a team or more than one business, from each tool's own pages
Wave Alternatives at a Glance
| Tool | Pricing | Free Plan | Time Tracking | Projects | Who it's for |
|---|---|---|---|---|---|
| Billed | See Billed's pricing page | — | — | — | "Built for Small Businesses", in Billed's own words |
| FreshBooks | See FreshBooks' pricing page | — | — | — | "Your everyday small business software", in FreshBooks' words |
| QuickBooks | See QuickBooks' pricing page | — | — | — | "Automate invoicing for your small business", in QuickBooks' words |
| Xero | See Xero's pricing page | — | — | — | "Online accounting software", in Xero's words |
| Zoho Invoice | See Zoho Invoice's pricing page | — | — | — | "takes invoicing, payments, and follow-ups off your hands", in Zoho's words |
A dash (—) means this table doesn't mark it; see each tool's pricing and details below.
Tool details
Billed
Billed publishes this page. Billed's invoice software page says: "Billed keeps invoicing, estimates, expenses, time tracking and reports in one account." It also says: "Create branded invoices, send them by email, take card and PayPal payments on them, and see which invoices are paid, partly paid or past due, all from one Billed account." On where it runs, the same page says: "Billed works in a web browser on any device, and Billed's mobile app page describes apps for iOS and Android." It adds: "Invite your team, accountant or contractors and give them permissions in your account." For Billed's plans, see Billed's pricing page.
- "For clients you bill on a schedule, set up a recurring profile once."
- "Payment reminders can be customized."
- "Connect PayPal to add a PayPal option as well."
- "Add your team, track your tasks and create Invoices in one place."
- "Billed supports client imports"
Who it's for: "Built for Small Businesses", in Billed's own words
Pricing: See Billed's pricing page
FreshBooks
FreshBooks' home page calls it "Your everyday small business software". Its invoicing page says you can "Automate your entire billing workflow, from recurring invoices and card-on-file payments to sending reminders and charging late fees." Its pricing page lists "Create and send estimates" and "Track expenses in real time", and says you can get paid "with credit and debit cards, ACH bank transfer, Apple Pay, Google Pay, and Buy Now, Pay Later". For plans and add-ons, see FreshBooks' pricing page.
- "Create and send estimates"
- "Track expenses in real time"
- "from recurring invoices and card-on-file payments to sending reminders and charging late fees"
Who it's for: "Your everyday small business software", in FreshBooks' words
Pricing: See FreshBooks' pricing page
QuickBooks
QuickBooks Online is sold by Intuit, and its invoicing page is headed "Automate invoicing for your small business". That page says you can "Set up recurring invoices to auto-send every day, week, month, or year." and "See client conversations, proposals, estimates, and contracts in your customer profiles." For plans, users and payment rates, see QuickBooks' pricing and payments pages.
- "Set up recurring invoices to auto-send every day, week, month, or year."
- "See client conversations, proposals, estimates, and contracts in your customer profiles."
Who it's for: "Automate invoicing for your small business", in QuickBooks' words
Pricing: See QuickBooks' pricing page
Xero
Xero's invoicing page calls Xero "Online accounting software". It says: "Add your logo to a customizable template for branded invoices and quotes, and spend less time on paperwork." and "Xero emails payment reminders for you, before or after the due date." Its quotes page says you can "Convert quotes to invoices with a click". For payments, its invoicing page says: "Add a pay now button and your customers can settle up straight from the invoice." For plans, see Xero's pricing page.
- "Recurring invoices"
- "Convert quotes to invoices with a click"
- "Xero emails payment reminders for you, before or after the due date."
Who it's for: "Online accounting software", in Xero's words
Pricing: See Xero's pricing page
Zoho Invoice
Zoho Invoice's home page says it "takes invoicing, payments, and follow-ups off your hands" and that you can "Choose an invoice template, modify it, add your business logo, and personalise it." Its payments page says: "Connect with diverse payment gateways such as Stripe, PayPal, Square, Authorize.net, and more." Its time tracking page says: "Track time, monitor progress, and create accurate invoices using Zoho Invoice." For plans and limits, see Zoho Invoice's pricing page.
- "Connect with diverse payment gateways such as Stripe, PayPal, Square, Authorize.net, and more."
- "Track time, monitor progress, and create accurate invoices using Zoho Invoice."
- "Create one-time & recurring invoices"
Who it's for: "takes invoicing, payments, and follow-ups off your hands", in Zoho's words
Pricing: See Zoho Invoice's pricing page
Frequently Asked Questions
Wave Comparisons
See how Wave stacks up in detailed side-by-side comparisons.
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Sources for this page (checked October 30, 2026). Wave: home page, invoicing and pricing. FreshBooks: home page, pricing and invoicing. QuickBooks: invoicing, pricing and payments. Xero: invoicing, quotes and pricing. Zoho Invoice: home page, payments, time tracking and pricing. Billed: invoice software, PayPal integration, projects, client management and pricing. Companies change their plans, features and fees, so check each company's own pages before you decide.
When this isn't for you
If you already use Wave and it covers what you need, there's no need to switch.