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Head-to-head · Billing And Invoicing Software

Wave vs BillingPlatform Accounts Receivable

  • Updated Oct 2026
  • Both researched from official sources
  • 2 checks side by side
Higher score Wave #3 in Billing And Invoicing Software 9.1/10 Free plan Free plan✓ 1 of 5 features Visit Wave

Wave leads on 0 checks, BillingPlatform Accounts Receivable on 0, and 2 are even. Who comes out ahead on the 2 yes/no, price and count checks where we have data for both products. The editor score weighs everything else too.

Our verdict

  • Highest scoreWave · 9.1/10
  • Free planonly Wave
  • Most featuresWave · 1 of 5

Wave scores higher on our rubric for billing and invoicing software: 9.1 against 8.6 out of 10; our editors rank them #3 and #8.

Wave is the better fit for small businesses needing free invoicing and bookkeeping. BillingPlatform Accounts Receivable is the better fit for businesses focused on accounts receivable and collections.

  • Wave fits best

    Small businesses needing free invoicing and bookkeeping

  • BillingPlatform Accounts Receivable fits best

    Businesses focused on accounts receivable and collections

Advertiser disclosure: iTechGuides is reader-supported. Vendors can pay for top positions in our rankings and for a place on other products' pages, and we may earn a commission when you click some links. Bought places stand at the number bought; this page and our disclosure say so. Paying vendors may get a fuller, more detailed review from our editors, and that review can change their score. How we rank.

Side by side

Feature Wave 9.1/10 Visit ↗ BillingPlatform Accounts Receivable 8.6/10 Visit ↗
At a glance
Editor score 9.1 8.6
Ranking #3 in Billing And Invoicing Software #8 in Billing And Invoicing Software
Best for Small businesses needing free invoicing and bookkeeping Businesses focused on accounts receivable and collections
Pricing model Free plan + paid Paid
Starting price $190/yr Pricing on request
Free plan ✓ (best) Not checked yet
Free trial — —
Deployment Cloud, Mobile Cloud
Platforms Web, iOS, Android Web
Integrations 1 integrations 4 integrations
Features Wave 1/5 · BillingPlatform Accounts Receivable 0/5
Recurring billing Not checked yet Not checked yet
Payment processing Not checked yet Not checked yet
Tax calculation Not checked yet Not checked yet
Expense tracking ✓ (best) Not checked yet
Mobile apps Not checked yet Not checked yet
Specs
Monthly invoice limit Not checked yet Not checked yet
Included team seats Not checked yet Not checked yet
Our review
Pros
  • Free Starter plan includes unlimited estimates, invoices, bills, and records
  • Recurring invoices, reminders, and mobile invoicing support everyday billing
  • Pro adds bank imports, expense tracking, and receipt capture
  • Automates invoicing, payment collection, dunning and cash reconciliation
  • Supports cards, direct debit, PayPal, checks and lockbox payments
  • Combines multi-currency billing, tax integrations and a customer portal
Cons
  • Online payments are optional and incur transaction fees
  • Pro is $19 per month or $190 per year
  • Plaid is the only listed integration
  • Enterprise positioning may not suit businesses with simple billing needs
  • Pricing is sales-led rather than presented as standard plans
  • Its breadth may require configurable workflows to match an organization's processes
Our verdict

Wave brings invoicing, estimates, customer and payment tracking, and bookkeeping together for small business owners, including freelancers and contractors. The free Starter plan supports unlimited estimates, invoices, bills, and…

Read the review →

BillingPlatform Accounts Receivable is an enterprise accounts receivable solution for businesses that need to automate invoicing, payment collection and collections work. It supports subscription, consumption-based and multi-entity billing…

Read the review →
  1. WaveBilling And Invoicing Software 9.1Free plan
  2. BillingPlatform Accounts ReceivableBilling And Invoicing Software 8.6Pricing on request

Strengths and trade-offs

  • Wave — where it wins

    • Free Starter plan includes unlimited estimates, invoices, bills, and records
    • Recurring invoices, reminders, and mobile invoicing support everyday billing
    • Pro adds bank imports, expense tracking, and receipt capture

    Where it doesn't

    • Online payments are optional and incur transaction fees
    • Pro is $19 per month or $190 per year
    • Plaid is the only listed integration
  • BillingPlatform Accounts Receivable — where it wins

    • Automates invoicing, payment collection, dunning and cash reconciliation
    • Supports cards, direct debit, PayPal, checks and lockbox payments
    • Combines multi-currency billing, tax integrations and a customer portal

    Where it doesn't

    • Enterprise positioning may not suit businesses with simple billing needs
    • Pricing is sales-led rather than presented as standard plans
    • Its breadth may require configurable workflows to match an organization's processes
  • Wave9.1/10 · Free plan

    A useful free invoicing and bookkeeping starting point, with paid automation for growing workflows.

    Visit WaveFull verdict →
  • BillingPlatform Accounts Receivable8.6/10 · Pricing on request

    A broad AR toolkit for organizations managing complex billing and collections.

    Visit siteFull verdict →

More comparisons

Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026

Last updated · How we research and update