Wave Payroll vs ezPaycheck

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Our analysts compared Wave Payroll vs ezPaycheck based on data from our 400+ point analysis of Payroll Software, user reviews and our own crowdsourced data from our free software selection platform.

Wave Payroll Software Tool
ezPaycheck Software Tool

Product Basics

Wave Payroll is a cloud-based solution designed to provide simplified payroll management solutions. The product allows users to sync data, monitor employee activity, track leave, comply with tax reforms, view journal transactions, generate payslips and process payments.

It uses 256-bit encryption to protect bank data connections and handles credit card and bank account information with PCI Level-1 certification. Other functionalities include income and expense tracking, accounting, monthly receipt uploads, regular reminders, consolidated dashboards and transaction updates.
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ezPaycheck is a comprehensive software solution designed to streamline payroll management for small to mid-sized businesses. It efficiently handles tasks such as calculating payroll taxes, generating paychecks, and managing employee information. The software is particularly well-suited for businesses seeking an easy-to-use, cost-effective payroll system without the need for extensive training or technical expertise.

Key benefits of ezPaycheck include its user-friendly interface, robust tax calculation capabilities, and the ability to print checks directly from the software. Popular features encompass automatic tax updates, customizable reporting, and support for both direct deposit and printed checks. Users appreciate its straightforward setup and reliable performance, often highlighting its simplicity and accuracy in managing payroll tasks.

In terms of pricing, ezPaycheck offers a competitive range, typically involving a one-time purchase fee with optional annual updates. For precise pricing tailored to specific business needs, it is advisable to contact SelectHub for a detailed quote.

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$46 Monthly
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$139 Annually, Quote-based
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Tailored to your specific needs
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Product Insights

  • Centralized Payroll: Add new employees, manage payments, track salaries, record time offs, manage tax deductions and oversee the overall workforce system with integrated solutions and efficient tools. 
  • Automated Compliance: Stay updated with ever-changing tax laws and compute state, federal and local taxes automatically. Conform to regulatory changes and access accurate calculations with an effective tax engine. 
  • Journal Transactions: Instantly access expenses, money owed to employees and tax authorities, liabilities, total costs and more on a single screen. 
  • Self-Service: Allow employees to access personal details, view pay stubs, edit bank-related information, tax forms and more. 
  • Dashboard: Edit, review, edit and manage payrolls on a consolidated dashboard. Set up schedules, approve runs, view bank account balance, export reminders to the calendar and update timesheets. 
  • Reports: Access comprehensive reports to get in-depth insights into total sales, cash flow, profit and loss statement, transaction volumes and other crucial business metrics. Gauge performance and improve services with comparative reporting. 
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  • Cost Efficiency: ezPaycheck offers an affordable solution for small to mid-sized businesses, reducing the need for expensive payroll services.
  • Time Savings: Automating payroll calculations and tax filings significantly reduces the time spent on manual data entry and administrative tasks.
  • Accuracy: Built-in error-checking mechanisms help ensure that payroll calculations are accurate, minimizing the risk of costly mistakes.
  • Compliance: Regular updates to tax tables and compliance rules help businesses stay current with federal and state regulations, reducing the risk of penalties.
  • Employee Satisfaction: Timely and accurate payroll processing enhances employee trust and satisfaction, contributing to a positive workplace environment.
  • Customization: Flexible settings allow businesses to tailor payroll processes to their specific needs, including custom deductions and benefits.
  • Data Security: Robust security features protect sensitive employee information, ensuring compliance with data protection regulations.
  • Ease of Use: User-friendly interface and straightforward setup make it accessible even for those with limited payroll experience.
  • Scalability: As your business grows, ezPaycheck can easily scale to accommodate an increasing number of employees and more complex payroll needs.
  • Support and Training: Comprehensive customer support and training resources help users maximize the software’s potential and troubleshoot any issues.
  • Integration: Seamless integration with accounting software like QuickBooks streamlines financial management and reporting.
  • Direct Deposit: Facilitates direct deposit payments, reducing the need for paper checks and enhancing convenience for employees.
  • Tax Filing Assistance: Simplifies the process of preparing and filing payroll taxes, reducing administrative burden and ensuring timely submissions.
  • Reporting Capabilities: Generates detailed payroll reports that provide valuable insights into labor costs and financial planning.
  • Employee Self-Service: Allows employees to access their pay stubs and tax forms online, reducing administrative queries and enhancing transparency.
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  • Centralized Payroll: Add new employees, manage payments, track salaries, record time offs, manage tax deductions and oversee the overall workforce system with integrated solutions and efficient tools. 
  • Automated Compliance: Stay updated with ever-changing tax laws and compute state, federal and local taxes automatically. Conform to regulatory changes and access accurate calculations with an effective tax engine. 
  • Journal Transactions: Instantly access expenses, money owed to employees and tax authorities, liabilities, total costs and more on a single screen. 
  • Self-Service: Allow employees to access personal details, view pay stubs, edit bank-related information, tax forms and more. 
  • Dashboard: Edit, review, edit and manage payrolls on a consolidated dashboard. Set up schedules, approve runs, view bank account balance, export reminders to the calendar and update timesheets. 
  • Reports: Access comprehensive reports to get in-depth insights into total sales, cash flow, profit and loss statement, transaction volumes and other crucial business metrics. Gauge performance and improve services with comparative reporting. 
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  • Multiple Pay Types: Supports hourly, salary and night shift pay rates, by load or by mileage for employees. Calculate multiple payroll periods such as daily and weekly and create multiple accounts at no additional charge. 
  • Taxes and Compliance: Automatically calculate different taxes like federal withholding, social security and employer unemployment. Includes tax tables for different states, retirement plans and insurance deductions. Create payrolls, print tax forms 941, W-2 and W-3 and calculate differential pay. 
  • Flexible Payments: Pay employees based on designated salary or hourly rates. Supports bonuses, commissions and tips. Allows employers to add custom payments like Pay-by-piece, pay-by-project, pay-by-mile and more. Supports differential pay rates for different shifts or tasks. 
  • Paycheck Management: Print paychecks in different formats such as check-in-middle, check-on-top, 3-per-page and more. Customize with logo, signature, two signature lines and extra fields. Mask Social Security Number, display taxes, deductions and YTD details on stubs. 
  • Direct Deposits: Process hassle-free, time-saving direct deposits into employee accounts without the burden of bank visits. Integrate with ezACH and other applications for employee payments and tax deposits. 
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Product Ranking

#31

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Payroll Software

#124

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Payroll Software

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User Sentiment Summary

Great User Sentiment 116 reviews
Poor User Sentiment 6 reviews
82%
of users recommend this product

Wave Payroll has a 'great' User Satisfaction Rating of 82% when considering 116 user reviews from 2 recognized software review sites.

44%
of users recommend this product

ezPaycheck has a 'poor' User Satisfaction Rating of 44% when considering 6 user reviews from 1 recognized software review sites.

4.14 (58)
n/a
4.1 (58)
2.2 (6)

Synopsis of User Ratings and Reviews

Intuitive Design: Users praise Wave Payroll's easy-to-use interface, finding it simple to navigate and complete tasks like setting up payroll and running reports.
Automated Tax Filing: Wave Payroll automatically calculates, files, and pays payroll taxes, saving users time and reducing the risk of errors.
Affordable Pricing: Many users appreciate Wave Payroll's transparent and competitive pricing, especially its free plan for contractors and freelancers.
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Easy to Use: Users praise the software's intuitive design, highlighting its ability to handle payroll tasks, such as calculating paychecks, with minimal effort.
Automated Tax Calculation: The software automatically calculates taxes, simplifying the payroll process and helping ensure compliance.
Check Printing: The software allows for printing checks on blank or pre-printed check stock, providing flexibility for businesses.
Direct Deposit: ezPaycheck offers direct deposit capabilities, streamlining the payment process for both employers and employees.
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Customer Support Issues: Users have reported experiencing difficulties reaching customer support and receiving timely assistance when encountering problems.
Inaccurate Calculations: Some users have reported instances of Wave Payroll making incorrect calculations, leading to payroll errors and discrepancies.
Limited Features: Wave Payroll may lack certain advanced features that some businesses require, such as comprehensive reporting options or integrations with specific HR systems.
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Limited Integrations: ezPaycheck lacks seamless integration with other business software, potentially leading to manual data entry and reduced efficiency.
Basic Reporting Features: Users seeking in-depth payroll analysis might find the reporting functionalities limited, hindering data-driven decision-making.
Inconsistent Customer Support: While some users praise the responsiveness of ezPaycheck's customer support, others have reported difficulties in receiving timely and effective assistance.
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Are you riding the wave of payroll success, or are you drowning in paperwork? Recent user reviews of Wave Payroll suggest it's a lifesaver for entrepreneurs and small businesses, but it might not be smooth sailing for everyone. Users rave about Wave Payroll's affordability and ease of use, especially compared to rivals like Gusto or QuickBooks Payroll. They appreciate the intuitive interface, automated tax calculations, and direct deposit features. One user even described hitting the "approve payroll" button as "fun" because it's so simple and stress-free. However, some users have voiced concerns about limited customer support and occasional glitches in the software. A few users also wished for more advanced features, such as HR tools and time tracking integration. Wave Payroll's key differentiator is its price point. Starting at $25 per month, it's significantly cheaper than many competitors, making it a godsend for budget-conscious startups and freelancers. However, this affordability comes with a trade-off: Wave Payroll's automatic tax filing service is only available in a limited number of states. If you're outside those states, you'll need to manually file taxes, which can be a headache. Overall, Wave Payroll is a great fit for entrepreneurs and small businesses looking for a user-friendly and affordable payroll solution. However, if you require robust customer support or advanced features, you might need to explore other options.

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Is ezPaycheck really as easy as its name suggests? User reviews over the last year present a mixed bag. While many appreciate its simplicity and affordability, particularly for small businesses, some have raised red flags. ezPaycheck shines in its straightforward interface and automatic tax calculations. Users with limited accounting experience find it easy to set up employee information, calculate payroll, and print checks, saving them time and potential headaches. However, the software's simplicity comes at a cost. Several users have reported a lack of advanced features, such as in-depth reporting and integrations with other business tools, which are often expected in more comprehensive payroll systems. This limitation might not pose a significant challenge for small businesses with straightforward payroll needs. Still, it could be a dealbreaker for larger companies or those requiring more robust functionalities. Furthermore, customer support experiences have been inconsistent, with some praising its responsiveness while others found it wanting. Overall, ezPaycheck seems like a good fit for micro-businesses or startups on a tight budget who prioritize ease of use over a full suite of features. Think of it as a basic calculator: it does the job for simple calculations, but you might need a scientific calculator for more complex equations. Larger businesses, or those anticipating growth, might find ezPaycheck's limitations too restrictive and should consider exploring more comprehensive payroll solutions.

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