# FreeAgent vs Wave

**Leader by vioscaleAI score:** FreeAgent

| Attribute | FreeAgent | Wave |
|---|---|---|
| **vioscaleAI score** | 64.6 (62% (medium)) | 57.4 (72% (medium)) |
| content.faq | `[{"answer":"Online accounting software that automates invoicing, expense tracking, bank reconciliation, and tax reporting for small businesses in the United Kingdom. Includes automatic bank feed integration, receipt capture, tax compliance features, and tools for accountant collaboration. It is indexed under Accounting Software.","source":"https://www.freeagent.com","question":"What is FreeAgent?","confidence":0.6},{"answer":"FreeAgent offers a free tier, so you can start without paying. Pricing changes often, so verify at source before relying on it.","source":"https://www.freeagent.com","question":"Is FreeAgent free?","confidence":0.6},{"answer":"We have confirmed browser-based access to FreeAgent. That is the extent of what we could verify from public sources, so it may well offer desktop or mobile clients we have not indexed.","source":"https://www.freeagent.com","question":"What platforms does FreeAgent support?","confidence":0.6},{"answer":"We have only confirmed a cloud / SaaS deployment for FreeAgent, so it appears to be vendor-hosted. If a self-hosted option exists we have not found it documented publicly.","source":"https://www.freeagent.com","question":"Can FreeAgent be self-hosted?","confidence":0.6},{"answer":"We have confirmed 9 integrations for FreeAgent, including Syft, Hiscox, HMRC, Yodlee, NatWest, Royal Bank of Scotland, Ulster Bank and Mettle, plus 1 more. This is what we could verify from public sources, so the vendor may support others we have not indexed.","source":"https://www.freeagent.com","question":"What does FreeAgent integrate with?","confidence":0.6},{"answer":"FreeAgent is available in the United Kingdom. Its primary market is the United Kingdom.","source":"https://www.freeagent.com","question":"Where is FreeAgent available?","confidence":0.75}]` | `[{"answer":"A unified platform combining bookkeeping, invoicing, payment processing, and reporting in one dashboard. Helps small business owners track income and expenses, manage cash flow, and maintain organized financial records year-round. It is indexed under Accounting Software.","source":"https://www.waveapps.com","question":"What is Wave?","confidence":0.6},{"answer":"Wave offers a free tier, so you can start without paying. Paid plans start at $16 per month. Prices are published openly on the vendor's own pricing page. Pricing changes often, so verify at source before relying on it.","source":"https://www.waveapps.com/pricing","question":"Is Wave free?","confidence":0.6},{"answer":"We have confirmed browser-based access to Wave. That is the extent of what we could verify from public sources, so it may well offer desktop or mobile clients we have not indexed.","source":"https://www.waveapps.com","question":"What platforms does Wave support?","confidence":0.6},{"answer":"We have only confirmed a cloud / SaaS deployment for Wave, so it appears to be vendor-hosted. If a self-hosted option exists we have not found it documented publicly.","source":"https://www.waveapps.com","question":"Can Wave be self-hosted?","confidence":0.6},{"answer":"We have confirmed 8 integrations for Wave, including Plaid, Zapier, Shopify, Square, ADP, RBC, Block Advisors and Apple Pay. This is what we could verify from public sources, so the vendor may support others we have not indexed.","source":"https://www.waveapps.com","question":"What does Wave integrate with?","confidence":0.6},{"answer":"Wave is available worldwide. Its primary markets are the United States and Canada.","source":"https://www.waveapps.com","question":"Where is Wave available?","confidence":0.75}]` |
| deployment.options | `{"cloud":true}` | `{"cloud":true}` |
| description.long | Online accounting software that automates invoicing, expense tracking, bank reconciliation, and tax reporting for small businesses in the United Kingdom. Includes automatic bank feed integration, receipt capture, tax compliance features, and tools for accountant collaboration. | Wave enables small business owners to manage their financial operations in one place, including expense and revenue tracking, customer billing, digital payments, and reporting to support financial decision-making. |
| features.capabilities | `{"api_access":"full","bank_feeds":"direct","deployment":"cloud","ar_invoicing":true,"fixed_assets":true,"multi_entity":"multi_entity","tax_compliance":"MTD for Income Tax compliance with quarterly updates and final declarations","payments_capture":true,"accountant_collab":true,"project_accounting":true}` | `{"api_access":"full","bank_feeds":"aggregator","deployment":"cloud","ar_invoicing":true,"tax_compliance":"Tax-ready bookkeeping with organized records and reporting","double_entry_gl":true,"payments_capture":true,"accountant_collab":true,"project_accounting":true}` |
| integrations.count | 6 | 5 |
| integrations.list | `[{"name":"Syft"},{"name":"Hiscox"},{"name":"HMRC"},{"name":"Yodlee","native":true,"category":"banking","direction":"inbound"},{"name":"NatWest","native":true,"category":"banking","direction":"inbound"},{"name":"Royal Bank of Scotland","native":true,"category":"banking","direction":"inbound"},{"name":"Ulster Bank","native":true,"category":"banking","direction":"inbound"},{"name":"Mettle","native":true,"category":"banking","direction":"inbound"},{"name":"Amazon UK Marketplace","native":true,"category":"ecommerce","direction":"inbound"},{"name":"Timepost"}]` | `[{"name":"Plaid"},{"name":"Zapier"},{"name":"Shopify"},{"name":"Square"},{"name":"ADP"},{"name":"RBC"},{"name":"Block Advisors"},{"name":"Apple Pay"}]` |
| market.availability | `{"primaryMarkets":["GB"],"availabilityScope":"regional","availableCountries":["GB"],"notAvailableCountries":[]}` | `{"primaryMarkets":["US","CA"],"availabilityScope":"global","availableCountries":[],"notAvailableCountries":[]}` |
| platform.support | `{"web":true}` | `{"ios":true,"web":true,"android":true}` |
| pricing | `{"type":"subscription","addOns":[{"name":"Smart Capture","components":[{"kind":"fixed","amount":5,"period":"month","currency":"GBP"}]},{"name":"Amazon UK Marketplace","components":[{"kind":"fixed","amount":6,"period":"month","currency":"GBP"}]}],"summary":"From £10/month. Free for users with NatWest, Royal Bank of Scotland, Ulster Bank, or Mettle business accounts.","currency":"GBP","freeTier":true,"sourceUrl":"https://www.freeagent.com","retrievedAt":"2026-09-03T17:54:48.540Z","billingPeriods":["month","year"]}` | `{"type":"subscription","plans":[{"free":true,"name":"Starter","summary":"Free","features":["Unlimited invoices, estimates, bills","Unlimited bookkeeping records","Mobile app access","Dashboard and reports","Payment processing available"],"description":"Basic accounting and invoicing for new businesses","contactSales":false},{"free":false,"name":"Pro","summary":"$16/month billed monthly, or $190/year billed annually","features":["Everything in Starter","Auto-import bank transactions via Plaid","Auto-merge and auto-categorize transactions","Unlimited receipt capture and tracking","Add multiple users/collaborators","Payment processing at discounted rates"],"commitment":"monthly","components":[{"kind":"fixed","amount":16,"period":"month","currency":"USD"}],"description":"Enhanced accounting with bank automation and transaction categorization","contactSales":false},{"free":false,"name":"Wave Advisors","summary":"$149/month or $199/month depending on tier","features":["Everything in Pro","Dedicated bookkeeper management","Monthly financial statements","Expert bookkeeping support","Transition assistance from other software","Optional one-on-one accounting coaching"],"components":[{"kind":"fixed","amount":149,"period":"month","currency":"USD"}],"description":"Hands-off bookkeeping with dedicated bookkeeper and financial expert support","contactSales":false}],"addOns":[{"name":"Payment Processing","components":[{"of":"transaction","kind":"percentage","plus":{"amount":0.6,"currency":"USD"},"rate":2.9}]},{"name":"Payroll"},{"name":"Receipts"}],"summary":"Free Starter plan with unlimited invoicing and bookkeeping. Pro from $16/month includes bank automation. Wave Advisors from $149/month for managed bookkeeping. Payment processing fees: 2.9% + $0.60 per Visa/Mastercard transaction.","currency":"USD","freeTier":true,"sourceUrl":"https://www.waveapps.com/pricing","retrievedAt":"2026-08-14T15:29:13.788Z","startingPrice":{"amount":16,"period":"month","currency":"USD"},"billingPeriods":["month","year"]}` |
| pricing.free_tier | yes | yes |
| pricing.model | freemium | freemium |
| pricing.price_level | low | mid |
| pricing.transparent | yes | yes |
| reliability.status_page | yes | yes |
| security.certifications | - | `[{"name":"PCI DSS Level 1","level":"Level 1","status":"active"}]` |
| security.disclosure_policy | yes | - |
| security.pci | - | yes |

## Capabilities (Accounting Software)

| Capability | FreeAgent | Wave |
|---|:--:|:--:|
| **Core** |  |  |
| Double-entry GL | - | ✓ |
| Multi-entity | Multi-entity | - |
| Multi-currency | - | - |
| Bank feeds | Direct feeds | Aggregator |
| **Modules** |  |  |
| AP automation | - | - |
| AR / invoicing | ✓ | ✓ |
| Inventory | - | - |
| Fixed assets | ✓ | - |
| Project accounting | ✓ | ✓ |
| **Compliance** |  |  |
| Tax compliance | MTD for Income Tax compliance with quarterly updates and final declarations | Tax-ready bookkeeping with organized records and reporting |
| **Workflow** |  |  |
| Accountant collaboration | ✓ | ✓ |
| **Payments** |  |  |
| Payments capture | ✓ | ✓ |
| **Ecosystem** |  |  |
| API access | Full | Full |
| **Deployment** |  |  |
| Deployment | Cloud | Cloud |

*Source: vioscaleAI. Generated 2026-10-16T19:15:36.600Z. "-" = undocumented, not absent.*