Detailed comparison across 10 dimensions
Winner: Wave
Wave clearly comes out ahead of Xero on Staquest's weighted six-dimension score. Wave has a free tier; Xero does not. Paid plans start at $15.83/mo for Wave and $25/mo for Xero.
| Overview | ||
|---|---|---|
| Type | hybrid | hybrid |
| Company | Wave Financial | Xero Limited |
| Free Tier | ||
| Has API | ||
| Open Source | ||
| Learning Curve | - | - |
| Integration | - | - |
| Trending | Stable | Stable |
| GitHub Stars | - | - |
| Industries | FinTechData & AnalyticsConsulting & Agency | Data & AnalyticsDevelopmentFinTechE-Commerce |
| Categories | finance-toolsaccounting | inventory-managementfinance-tools |
| Website | Visit | Visit |
Wave
freemium
flat
flat
flat
| Feature | wave | xero |
|---|---|---|
| Automated Late Payment Reminders | ||
| 180-Day Forecast | ||
| Automatic Bank Transaction Imports | ||
| 20 Invoices And Quotes | ||
| Automatic Transaction Merging/Categorization | ||
| 30-Day Forecast | ||
| Bills | ||
| 5 Bills | ||
| Bookkeeping Records | ||
| 90-Day Forecast | ||
| Connect Bank Accounts | ||
| Automation | ||
| Discount On Payment Processing Fees | ||
| Bank Reconciliation | ||
| Everything In The Starter Plan | ||
| Dashboards | ||
| Invoices | ||
| Everything In Growing | ||
| Manage Cash Flow Dashboard | ||
| Expenses | ||
| Unlimited Estimates | ||
| Multi-Currency (160+ Currencies) | ||
| Unlimited Receipt Scanning | ||
| Projects | ||
| Unlimited Bills | ||
| Unlimited Invoices And Quotes |
Showing 26 of 26 features
Dashes mean the feature isn't listed in our data. The tool may still support it.
On Staquest's weighted six-dimension scoring, Wave comes out ahead overall, though Xero can be the better fit depending on your priorities — see the dimension-by-dimension breakdown above.
Wave's paid plans start at $15.83/mo and Xero's start at $25/mo, so Wave is the lower entry price. Check the pricing comparison for higher tiers and per-seat costs.
Wave offers a free tier; Xero does not currently list one.
Wave scores higher on pricing value in Staquest's analysis. It is the highest-weighted dimension in this comparison.
