Accounting Software

Wave vs Expensify

Both are accounting software. The short answer: choose Wave if you are very small businesses in the US and Canada on a tight budget; choose Expensify if you are teams that need to capture receipts and reimburse expenses.

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Wave logo WaveExpensify logo Expensify
Best forVery small businesses in the US and Canada on a tight budgetTeams that need to capture receipts and reimburse expenses
Free planYesYes
PricingSee providerSee provider
Built for IndiaGlobalGlobal
CategoriesBilling & Invoicing Software, Accounting SoftwareAccounting Software
Strengths
  • Free core invoicing and accounting
  • Simple to learn
  • Fast receipt scanning
  • Approval workflows
  • Syncs with major accounting software
Watch out for
  • Best suited to US/Canada
  • Fewer integrations
  • Corporate card only in some countries
  • Pricing tiers can be confusing
Visit WaveVisit Expensify

Which should you choose?

Wave: Free-to-start invoicing and accounting for small businesses, with paid payments and payroll add-ons.

Expensify: Expense management app that scans receipts, builds expense reports and routes approvals, with a corporate card in some countries.

The best way to decide is to run the same week of real work through both — most offer a free plan or trial — and compare how long tasks take, what your team prefers, and the total cost for your number of users including renewal pricing.

Not sure either fits? See all accounting software compared.