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Updated March 2026 · Independent Analysis

WavevsBench

Wave starts at $16/mo, 95% cheaper than Bench's $299/mo. Both rated 4.4/5 by users.

W
Wave

Free accounting, invoicing, and receipt scanning for small businesses

★ 4.4/5Founded 20102M+ small businesses users
Try Wave Free →
B
Bench

Online bookkeeping service with dedicated bookkeepers and software

★ 4.5/5Founded 201235K+ businesses users
Try Bench Free →

⚡ Quick Stats

⭐
Avg Rating
Wave4.4/5
Bench4.5/5
🏆 Bench wins
💰
Starting Price
Wave$16/mo
Bench$299/mo
🏆 Wave wins
🔧
Features
Wave15
Bench15
🏆 Wave wins
🎁
Free Plan
WaveYes ✓
BenchNo
🏆 Wave wins

📊 Ratings Breakdown

W

Wave

4.4/5 avg
G2 Score4.4/5
Capterra Score4.4/5
Overall Avg4.4/5
B

Bench

4.5/5 avg
G2 Score4.5/5
Capterra Score4.4/5
Overall Avg4.45/5

⚡ Quick Verdict

Independent analysis based on features, pricing, and user ratings

Choose Wave if you need:
  • ✓ Accounting
  • ✓ Invoicing
  • ✓ Receipt Scanning
  • ✓ Financial Reports
  • ✓ Payroll
Try Wave Free →
Choose Bench if you need:
  • ✓ Dedicated Bookkeeper
  • ✓ Monthly Financial Statements
  • ✓ Year-end Tax Package
  • ✓ Tax Filing
  • ✓ Receipt Management
Try Bench Free →

🔧 Feature Comparison

Wave uniquely offers Accounting, Invoicing, Receipt Scanning. Bench uniquely offers Dedicated Bookkeeper, Monthly Financial Statements, Year-end Tax Package. Both share 3 features including Bank Connections, Mobile App, Dashboard.

Feature
Wave
Bench
Bank Connections
✓
✓
Mobile App
✓
✓
Dashboard
✓
✓
Accounting
✓
✗
Invoicing
✓
✗
Receipt Scanning
✓
✗
Financial Reports
✓
✗
Payroll
✓
✗
Online Payments
✓
✗
Multi-currency
✓
✗
Sales Tax Tracking
✓
✗
Recurring Invoicing
✓
✗
Customer Management
✓
✗
Estimates
✓
✗
Integrations
✓
✗
Dedicated Bookkeeper
✗
✓
Monthly Financial Statements
✗
✓
Year-end Tax Package
✗
✓
Tax Filing
✗
✓
Receipt Management
✗
✓
Payroll Support
✗
✓
Historical Bookkeeping
✗
✓
Profit & Loss
✗
✓
Balance Sheet
✗
✓
Cash Flow
✗
✓
1099 Filing
✗
✓
Catch-up Bookkeeping
✗
✓
Total Features
15
15

💰 Pricing Comparison

Wave starts at $16/mo, 95% cheaper than Bench's $299/mo.

W

Wave Plans

Free tier available

Free (Accounting)
Free
  • • Accounting
  • • Invoicing
  • • Receipt scanning
Pro (Accounting)Best Value
$16/mo
  • • Bank connections
  • • Receipt scanning
Payroll
$20/mo base
  • • + $6/employee
  • • Tax-filing states
Advisors
$149/mo
  • • 1-on-1 coaching
  • • Bookkeeping support
Full Wave pricing breakdown →
B

Bench Plans

Paid plans only

EssentialBest Value
$299/mo
  • • Bookkeeping
  • • Monthly financial statements
Premium
$499/mo
  • • Tax filing
  • • Tax advisory
  • • Unlimited consultations
Full Bench pricing breakdown →
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❓ Frequently Asked Questions

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