Bokio vs Wave
Bokio
bokio.co.uk
Wave
waveapps.comSide by side
| Figure | Bokio | Wave |
|---|---|---|
| Price from | £24.95/mo | $6/mo |
| Free plan | — | Yes |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| Windows | Yes | — |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | — | Yes |
| Plans published | 1 | 10 |
| Spec score · Gym Accounting Software | 8.9 (#4) | 8.6 (#13) |
| Bank feeds | Automatic bank feeds use Plaid open banking and fetch transactions up to four times daily. | Pro supports read-only bank and credit-card connections with automatic transaction import, merging and categorization. |
| Founded | 2015 | 2010 |
| Headquarters | Gothenburg and Stockholm, Sweden | Toronto, Ontario, Canada |
| Invoicing | Users can create, email or download invoices, record payments, manage credit and supplier invoices, and create quotes. | Users can create unlimited professional invoices and estimates, send them online, track status and accept card or bank payments. |
| Licence | SoftwareWorld classifies Bokio as proprietary software. | Wave API use is governed by Wave terms of service; the reviewed pages do not identify an open-source licence. |
| Mobile app | The app uploads accounting documents, reads receipts with AI, generates reports and tracks transactions and invoices. | The mobile app supports invoices, estimates, receipt scanning, dashboards and paid mobile accounting transactions. |
| Praise: ease of use | Trustpilot UK reviewers repeatedly describe Bokio as easy to use, simple to learn or relatively easy to use. | G2 reviewers repeatedly praise Wave as user-friendly, especially for non-accountants. |
| Rating on Google Play | 2.1 out of 5; the independent comparison page does not state the number of ratings. | 3.3 out of 5 from 23.6K reviews |
| Security | Bokio states that data is encrypted in transit and at rest, with optional two-step authentication. | Wave states that it uses up to 256-bit TLS encryption, protected hosting facilities and tokenized payment data handling. |
| Support | Product support is available by email and through a Facebook user group; advanced accounting help can be arranged with an accountant. | The Help Center and automated support chatbot Mave are available 24/7 to all customers; eligible customers can contact support by email or live chat Monday to Friday, 9 AM to 5 PM Eastern. |
Plans
Wave
- StarterFree
- Pro$19 a month
- StarterFree
- Receipts$8 a month
- Pro$19 a month
- Pro Plan$19 a month
- Receipts$72 a year
- Wave Advisors$149 a month
- Pro$190 a year
- Pro Plan$190 a year
In their own words
Wave
Wave's invoicing software helps businesses create and send invoices, receive payments, and manage customer information. Invoice templates can be customized with a logo and brand colors using drag-and-drop editing. It supports recurring invoices and automatic credit card payments for repeat customers. Customers can pay by credit card, bank payment (ACH/EFT), or Apple Pay, and invoice and payment information connects to Wave's accounting feature. The free Starter plan costs nothing and includes unlimited estimates, invoices, bills, and bookkeeping records; online payments have transaction fees. Pro costs $19 a month and adds automatic bank transaction import, transaction merging and categorization, receipt capture, expense tracking, and late-payment reminders. Wave lists integrations including Amazon, eBay, Capsule, and Etsy, with workflows through Make. Connecting or maintaining Partner integrations and Make requires Pro or a Wave Advisors bookkeeping subscription; third-party API connections also require an active Pro or Wave Advisors package. Wave says it is not HIPAA-compliant and does not support healthcare-related businesses.