Knit Payroll vs Wave
Knit Payroll
knitpeople.com
Wave
waveapps.comSide by side
| Figure | Knit Payroll | Wave |
|---|---|---|
| Price from | $4/mo | $6/mo |
| Free plan | — | Yes |
| Free trial | Yes | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | — | Yes |
| Android | — | Yes |
| API | Yes | Yes |
| Plans published | 5 | 10 |
| Spec score · Nonprofit Payroll Software | 8.7 (#5) | 8.5 (#8) |
| Company size | LinkedIn classifies Knit People as a privately held company with 51–200 employees. | LinkedIn lists Wave HQ as a privately held software company with 201–500 employees in Toronto. |
| Founded | 2015 | 2010 |
| Headquarters | Toronto, Canada | Toronto, Ontario, Canada |
| Integrations | Knit lists QuickBooks Online and Xero integrations for exporting payroll run or journal-entry data, and CSV template downloads for data transfer. | Wave Pro lists integrations including Etsy, Driversnote, GoHighLevel, Google Sheets and Make.com. |
| Rating on G2 | 4.0 out of 5 from 1 review | 4.3 out of 5 from 358 reviews |
| Rating on GetApp | 4.7 out of 5 from 141 reviews | 4.4 out of 5 from 1,731 reviews |
| Security | Knit says client-server communications use SSL encryption and passwords are asymmetrically encrypted. | Wave states that it uses up to 256-bit TLS encryption, protected hosting facilities and tokenized payment data handling. |
| Support | The help center offers searchable articles, videos, roadmap voting, ticket submission and phone support Monday through Friday, 9 AM to 8 PM EST. | 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. |
| What it does | Knit is a Canadian cloud platform combining payroll, HR, payments, time, benefits and employer-of-record services for small and medium businesses. | Wave provides cloud accounting, invoicing, payments, payroll and bookkeeping tools for small businesses, freelancers and contractors. |
Plans
Knit Payroll
- Time & Attendance add-on$4 a month
- Lite$6 a month
- Complete$8 a month
- Employer of Record add-on$8 a month
- ConciergePriced on request
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
Knit Payroll
Knit Payroll has no write-up on Specifiction yet; its figures are above.
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.