Paycom vs Wave Payroll
A head-to-head comparison to help you pick the right tool
Paycom
Paycom is a comprehensive HR and payroll platform known for its employee self-service features. Its signature Beti technology lets employees verify their own payroll before processing, reducing errors significantly.
Wave Payroll
Wave Payroll is a simple payroll solution built into the Wave accounting ecosystem. It is designed for very small businesses that already use Wave for accounting and want an integrated payroll solution. Wave Payroll handles direct deposit, tax payments, and W-2s, making it a natural choice for businesses already in the Wave ecosystem.
Pros
- ✓Innovative employee-driven payroll verification
- ✓Strong self-service features
- ✓All-in-one HR and payroll
- ✓Good compliance tools
- ✓Dedicated support model
Cons
- ✗Pricing not transparent
- ✗Can be expensive for small businesses
- ✗Implementation takes time
- ✗Some users report pushy sales process
Pros
- ✓Seamlessly integrates with Wave accounting — no manual data transfer needed
- ✓Very affordable pricing for micro-businesses
- ✓Simple interface with minimal setup required
- ✓Free Wave accounting included with subscription
Cons
- ✗Limited features compared to dedicated payroll platforms
- ✗Tax filing is only automatic in select states — manual filing required in others
- ✗No mobile payroll app
- ✗Not suitable for businesses with complex payroll needs
Our Take
Choose Paycom if mid-sized businesses wanting an all-in-one hr and payroll platform with strong employee self-service. Choose Wave Payroll if micro-businesses already using wave accounting that want simple integrated payroll.
Best For
Mid-sized businesses wanting an all-in-one HR and payroll platform with strong employee self-service
Best For
Micro-businesses already using Wave accounting that want simple integrated payroll