SoftwareDuel

Wave Payroll vs Lattice

A head-to-head comparison to help you pick the right tool

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.

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Lattice

Lattice is a people management platform that helps companies run performance reviews, set goals, and measure employee engagement. It combines performance management, OKRs, career development, and compensation tools in one platform. Lattice is widely used by tech companies that invest heavily in people development.

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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

Pros

  • Best-in-class performance review and OKR tools
  • Strong engagement survey capabilities with actionable insights
  • Career development and growth tracking features
  • Good analytics for people managers and HR teams

Cons

  • No payroll or core HRIS functionality
  • Can be expensive when combining multiple modules
  • Some users find the platform complex to administer initially

Our Take

Choose Wave Payroll if micro-businesses already using wave accounting that want simple integrated payroll. Choose Lattice if mid-size companies focused on performance management.

Best For

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

Best For

Mid-size companies focused on performance management

Wave Payroll vs Lattice: Payroll Software Comparison | SoftwareDuel