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  1. Business Software
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  3. Payroll Software

  4. Wave Payroll

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Wave Payroll

Brand: Wave Financial

4.2

15 Ratings

Have Questions?

Wave Payroll is an easy-to-use software that helps small businesses automate payroll, taxes, and employee payments. ...Read more

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Starting at $ 19.00

Features

  • check_icon Payroll Management
  • check_icon Compliance Management
  • check_icon Time, Attendance & Leave Management
  • check_icon Employee Self-Service (ESS)
  • check_icon Employee Lifecycle Management

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Wave Payroll Software Pricing, Features & Reviews

What is Wave Payroll?

Wave Payroll is a simple, cloud-based payroll software designed to help small businesses and freelancers manage payroll easily.

It automates tasks like calculating wages, taxes, and deductions, and supports direct deposit for quick employee payments.

The software generates tax forms like W-2s and 1099s and can file taxes automatically in 14 U.S. states.

Why Choose Wave Payroll Software?

  • Automated Tax Filings: Automatically calculates and files payroll taxes in 14 U.S. states, saving time and ensuring compliance.
  • Direct Deposit: Pays employees and contractors quickly via direct deposit, with funds available in three days.
  • Employee Self-Service Portal: Employees can access pay stubs, update banking details, and manage tax info independently.
  • Tax Form Generation: Automatically generates W-2, 1099, T4, and T4A forms for easy tax season prep.

Benefits of Wave Payroll Software

  • Flexible Pay Options: Supports salaried, hourly, and contractor payments with customizable schedules.
  • Customer Support: Offers live chat and email support from Monday to Friday, 10 AM to 2:30 PM Eastern.
  • Switching Made Easy: Import historical payroll data quickly to transition from other providers without hassle.

Wave Payroll Pricing

Wave Payroll price starts at $19 at techjockey.com.

The pricing model is based on different parameters, including extra features, deployment type, and the total number of users. For further queries related to the product, you can contact our product team and learn more about the pricing and offers.

Wave Payroll Pricing & Plans

Monthly
  • Pay employees and contractors
  • Tax payments and filings
  • Direct deposit
  • Automatic payroll journal entries
  • Self-service pay stubs and tax forms
    • Licenses
    • Monthly
Starting at $ 19.00

Wave Payroll Gallery

Wave Payroll summary
Wave Payroll timesheets
Wave Payroll transactions

Wave Payroll Features

Payroll Management

  • icon_check Overtime Management Automatically calculates overtime pay for accurate employee compensation.
  • icon_check Direct Deposit Pays employees and contractors via direct deposit, with funds available in three days.
  • icon_check Automated Payroll Automatically calculates and processes employee payroll.
  • icon_check Off-Cycle Payroll Processing Manages unscheduled payrolls for bonuses and adjustments.
  • icon_check Multiple Pay Rates and Schedules Supports varied pay rates and customizable pay cycles.
  • icon_check Expense Reimbursements Automates employee expense reimbursement processing.
  • icon_check Tax Deductions Calculates pre-tax and post-tax deductions accurately.
  • icon_check Bonus and Incentive Management Configures and distributes employee bonuses.
  • icon_check Variable Pay & Commission Management Manages variable compensation like commissions.
  • icon_check Employee Benefits Management Administers health, retirement, and other benefits.
  • icon_check 401(k) Management Manages retirement contributions for employee 401(k) plans.

Compliance Management

  • icon_check Income Tax Management Generates and files payroll taxes automatically in 14 U.S. states.
  • icon_check State and Local Tax Compliance Ensures compliance with state and local tax regulations where supported.
  • icon_check Statutory Reporting Generates mandatory compliance reports for regulators.
  • icon_check FICA Compliance Manages Social Security and Medicare contributions.
  • icon_check State-Specific Compliance Adapts to varied state laws and regulations.
  • icon_check Affordable Care Act (ACA) Compliance Tracks and reports ACA-mandated health benefits.

Time, Attendance & Leave Management

  • icon_check Paid Time Off (PTO) Management Tracks and manages employee PTO accruals and usage.
  • icon_check Sick Leave and Vacation Tracking Monitors sick leave and vacation time manually via the platform.
  • icon_check Holiday & Leave Calendar Maintains a calendar for holidays and leave tracking.
  • icon_check Attendance Tracking Records employee attendance accurately.
  • icon_check Leave Policy Customization Customizes leave policies to meet company needs.

Employee Self-Service (ESS)

  • icon_check Pay Stub Access Employees can view and download pay stubs through a secure self-service portal.
  • icon_check Expense Claims Employees submit expense claims for reimbursement directly via the portal.
  • icon_check Tax Planner Allows employees to plan and estimate tax deductions.

Employee Lifecycle Management

  • icon_check Employee Database Stores employee details like personal info, wages, and tax data securely.
  • icon_check Final Paycheck Processing Processes accurate final payments for departing employees.
  • icon_check Employee Shift Scheduling Manages and schedules employee shifts.
  • icon_check Document Management Stores and organizes employee documents.

Banking Integration & Payment Processing

  • icon_check Bank Transfer Files Generates files for seamless payroll payments via bank transfers.
  • icon_check Payroll Deposit Scheduling Schedules direct deposits to align with chosen payroll frequencies.
  • icon_check Check Processing Processes payroll payments by check if required.
  • icon_check Multi-Bank Support Supports payroll deposits with multiple banks.

Automation and Customization

  • icon_check Alerts & Notifications Sends reminders for payroll runs and tax filing deadlines.
  • icon_check API Access Offers API for custom integrations with other business systems
  • icon_check Scheduled Payroll Processing Automates payroll runs based on set frequencies for efficiency.
  • icon_check Custom Payroll Rules and Policies Configures payroll rules to fit policies.
  • icon_check Configurable Workflows & Approvals Set workflows for payroll approvals.

Security and Data Privacy

  • icon_check User Access Management Controls access with role-based permissions for data security.
  • icon_check Two-Factor Authentication (2FA) Enhances account security with two-factor authentication.
  • icon_check Encrypted Data Transmission Protects sensitive payroll data with encrypted transmission.
  • icon_check Data Backup and Recovery Secures data with backup and recovery options.
  • icon_check Audit Logs and Monitoring Monitors system access and activities.

Integrations

  • icon_check API Integration Enables custom connections with external apps via Wave’s API.
  • icon_check Payment Gateway Integrates with payment systems for processing employee payments.
  • icon_check Third Party Integration Syncs with select third-party tools for enhanced functionality.
  • icon_check Accounting Software Syncs payroll with accounting systems seamlessly.
  • icon_check HRIS (Human Resources Information System) Integrates with HRIS for unified data.
  • icon_check Performance Management Links payroll with employee performance metrics.
  • icon_check Biometric Integration Connects with biometric systems for attendance.

Reporting and Analytics

  • icon_check Payroll Reports Generates detailed reports on payroll expenses and employee costs.
  • icon_check Compliance Reports Provides reports to ensure tax and regulatory compliance.
  • icon_check Employee Master Report Centralizes employee data for comprehensive payroll insights.
  • icon_check Leave and Attendance Reports Tracks leave and attendance trends.

Wave Payroll Specifications

  • Supported Platforms :
  • Device:
  • Deployment :
  • Suitable For :
  • Business Specific:
  • Business Size:
  • Customer Support:
  • Training:
  • Language:
  • Ubuntu Windows MacOS Linux
  • Desktop
  • Web-Based
  • All Industries
  • All Businesses
  • Small Business, SMBs, SMEs
  • Email, Communities
  • Videos
  • English

Wave Payroll Reviews and Ratings

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Wave Financial Company Details

Brand Name Wave Financial
Information Wave offers tailored financial services (payments, payroll) and award-winning free software for small/micro-businesses around the world.
Founded Year 2009
Director/Founders James Lochrie, Kirk Simpson
Company Size 101-500 Employees
Other Products Wave Accounting, Wave Invoicing

Wave Payroll FAQ

A Wave Payroll price starts at $19 at techjockey.com.
A No, Wave Payroll does not offer a mobile app for iOS and Android.
A Wave Payroll works on Windows, Ubuntu, Linux and MacOS operating systems.
A Yes, Wave Payroll offers a 30-day free trial with no credit card required.
A Wave Payroll automates wage calculations, tax filings, direct deposits, and pay stub generation for small businesses.
A Small business owners, freelancers, and entrepreneurs use Wave Payroll to simplify payroll tasks.
A No, Wave Payroll offers a free trial but does not mention a separate free demo.
A No, Wave Payroll is not available for free.

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