Homeโ€บWave vs FreeAgent
Updated March 2026 ยท Independent Analysis

WavevsFreeAgent

Wave starts at $16/mo, 16% cheaper than FreeAgent's $19/mo. Wave is rated higher at 4.4/5 vs FreeAgent's 4.3/5.

W
Wave

Free accounting, invoicing, and receipt scanning for small businesses

โ˜… 4.4/5Founded 20102M+ small businesses users
Try Wave Free โ†’
F
FreeAgent

Accounting software designed for freelancers, contractors, and small businesses

โ˜… 4.3/5Founded 2007150K+ users users
Try FreeAgent Free โ†’

โšก Quick Stats

โญ
Avg Rating
Wave4.4/5
๐Ÿ† Wave wins
๐Ÿ’ฐ
Starting Price
Wave$16/mo
FreeAgent$19/mo
๐Ÿ† Wave wins
๐Ÿ”ง
Features
๐Ÿ† Wave wins
๐ŸŽ
Free Plan
WaveYes โœ“
๐Ÿ† Wave wins

๐Ÿ“Š Ratings Breakdown

W

Wave

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

FreeAgent

4.3/5 avg
G2 Score4.2/5
Capterra Score4.4/5
Overall Avg4.300000000000001/5

โšก Quick Verdict

Independent analysis based on features, pricing, and user ratings

Choose Wave if you need:
  • โœ“ Accounting
  • โœ“ Receipt Scanning
  • โœ“ Bank Connections
  • โœ“ Financial Reports
  • โœ“ Online Payments
Try Wave Free โ†’
Choose FreeAgent if you need:
  • โœ“ Expense Tracking
  • โœ“ Time Tracking
  • โœ“ Bank Feeds
  • โœ“ Self-Assessment Tax
  • โœ“ VAT
Try FreeAgent Free โ†’

๐Ÿ”ง Feature Comparison

Wave uniquely offers Accounting, Receipt Scanning, Bank Connections. FreeAgent uniquely offers Expense Tracking, Time Tracking, Bank Feeds. Both share 5 features including Invoicing, Payroll, Multi-currency.

Feature
Wave
FreeAgent
Invoicing
โœ“
โœ“
Payroll
โœ“
โœ“
Multi-currency
โœ“
โœ“
Estimates
โœ“
โœ“
Mobile App
โœ“
โœ“
Accounting
โœ“
โœ—
Receipt Scanning
โœ“
โœ—
Bank Connections
โœ“
โœ—
Financial Reports
โœ“
โœ—
Online Payments
โœ“
โœ—
Sales Tax Tracking
โœ“
โœ—
Recurring Invoicing
โœ“
โœ—
Customer Management
โœ“
โœ—
Dashboard
โœ“
โœ—
Integrations
โœ“
โœ—
Expense Tracking
โœ—
โœ“
Time Tracking
โœ—
โœ“
Bank Feeds
โœ—
โœ“
Self-Assessment Tax
โœ—
โœ“
VAT
โœ—
โœ“
Project Management
โœ—
โœ“
Reports
โœ—
โœ“
Accountant Access
โœ—
โœ“
Receipt Capture
โœ—
โœ“
Direct Bank Connections
โœ—
โœ“
Total Features
15
15

๐Ÿ’ฐ Pricing Comparison

Wave starts at $16/mo, 16% cheaper than FreeAgent's $19/mo.

W

Wave Plans

Free tier available

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

FreeAgent Plans

Paid plans only

FreeAgentBest Value
$19/mo
  • โ€ข All features
  • โ€ข Unlimited users
  • โ€ข Unlimited invoices
Full FreeAgent pricing breakdown โ†’
๐Ÿ”” Get notified when prices change

โ“ Frequently Asked Questions

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