nvoyce vs Wave

Wave is free. Your time is not.

Wave gives you a solid free invoicing tool. But on the free plan, when a client goes quiet you are on your own — automatic reminders are a paid upgrade, and there is no proposal flow at all. nvoyce automates everything after you hit send.

Try nvoyce free — 7 days See pricing

Bottom line: Wave is genuinely good for basic invoicing. nvoyce wins the moment a client stops responding.

Feature by feature

Feature	nvoyce	Wave
AI-generated invoices and proposals	✓	—
Automated payment follow-ups Automatic reminders require Wave Pro ($19/mo) — on the free plan you write every follow-up yourself	✓	Pro plan
Proposal to invoice, automatic Wave estimates convert to invoices manually	✓	—
Stripe payment link on every invoice	✓	✓
Deposit billing Wave supports deposit requests on estimates, not on invoices	✓	estimates
Installment billing Wave clients can pay a custom partial amount, but there is no fixed schedule with reminders like nvoyce installments	✓	manual
Accounting and bookkeeping Wave is a full accounting tool — nvoyce is not	—	✓
Bank reconciliation	—	✓
Payment processing fee Wave cards cost 2.9% + $0.60 (Amex 3.4% + $0.60, bank payments 1%) — more per transaction than Stripe	2.9% + $0.30 (Stripe)	2.9% + $0.60
Monthly cost (tool) Automatic reminders and other perks are Pro-only	$19.99/mo	Free / $19 Pro
Free trial	7 days, no card	Free plan, no expiry

Where Wave wins

→Genuinely free for basic invoicing — no credit card, no trial expiry
→Full accounting suite: P&L, balance sheet, bank reconciliation
→Good for freelancers who also need bookkeeping in one place
→Established product with a large user base

Where nvoyce wins

✓Payme sends follow-up reminders automatically — no email drafts, no "just checking in," no chasing
✓AI generates your invoice or proposal from a description in under 60 seconds
✓When a client accepts your proposal, the invoice goes out immediately with no manual steps
✓Deposit and installment billing built in from day one
✓Everything after send is handled — you focus on the work, not the admin

Why people switch

Wave's card processing fee is 2.9% + $0.60 per transaction — double the flat fee of the 2.9% + $0.30 Stripe rate behind nvoyce. And the free plan does not follow up for you: automatic reminders are locked behind Wave Pro at $19 a month, at which point you are paying nvoyce money for a fraction of the automation. If you are sitting on more than five unpaid invoices right now, the time you spend chasing them already costs you more than $19.99 a month.

Free invoicing is not free if you are writing every follow-up yourself.

Try nvoyce free for 7 days. AI invoices, automated follow-ups, and payment links — all in one place.

Start free — no credit card