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SPECIFICTION
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Flow vs Wave

Flow

liveflow.com

Wave

waveapps.com

Side by side

FigureFlowWave
Price from—$6/mo
Free plan—Yes
Free trial—Yes
Open source——
WebYesYes
iOS—Yes
Android—Yes
API—Yes
Plans published110
Spec score · Google Workspace for Finance Software7.1 (#6)8.6 (#1)
Founded20212010
Free planNoYes
HeadquartersNew York, United StatesToronto, Ontario, Canada
IntegrationsThe integrations page lists BuilderTrend, Paylocity, Deel, Rippling, ADP, Toast, Procore, Square, Gusto, Paychex, and other payroll, payment, and industry tools.Wave Pro lists integrations including Etsy, Driversnote, GoHighLevel, Google Sheets and Make.com.
SecurityLiveFlow's Trust Center lists SOC 2 Type 2 and GDPR under compliance.Wave states that it uses up to 256-bit TLS encryption, protected hosting facilities and tokenized payment data handling.
SupportThe pricing page describes live chat with experts and video and phone support, available seven days a week.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

Flow

  • FlowPriced on request

Flow pricing →

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

Wave pricing →

In their own words

Flow

Flow has no write-up on Specifiction yet; its figures are above.

Visit liveflow.com

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.

Visit waveapps.com