Smartsheet vs Wave Payroll

Smartsheet

Smartsheet is a work management platform that combines the familiarity of spreadsheets with powerful project management and collaboration features. It is widely used by enterprise teams for project tracking, resource management, and automated workflows. Smartsheet is particularly popular with teams comfortable with Excel who need more collaboration and automation capabilities.

Paid pricing · Get Pricing →

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.

Paid pricing · Get Pricing →

Pros

• ✓Familiar spreadsheet interface reduces learning curve for Excel users
• ✓Powerful automation and workflow capabilities
• ✓Strong enterprise security and compliance features
• ✓Excellent for managing large portfolios of projects

Cons

• ✗Pricing is higher than many competitors
• ✗Interface feels dated compared to modern tools
• ✗No free plan — 30-day trial only
• ✗Less intuitive for teams unfamiliar with spreadsheet-style tools

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

Best For

Enterprise teams wanting spreadsheet-familiar project management with powerful automation

Best For

Micro-businesses already using Wave accounting that want simple integrated payroll