Wave vs Multiplier

Wave

Wave is a free accounting and invoicing platform designed for small businesses, freelancers, and solopreneurs. It offers genuinely free accounting, invoicing, and receipt scanning with no subscription fee. Wave makes money through payment processing and payroll add-ons. It is one of the best free accounting tools available for very small businesses with simple needs.

Freemium pricing · Get Pricing →

Multiplier

Multiplier is a global employment and payroll platform that helps startups and SMBs hire internationally without setting up local entities. It covers employer of record services, global payroll, and contractor management across 150+ countries. Multiplier is known for its competitive pricing and fast onboarding process.

Paid pricing · Get Pricing →

Pros

• ✓Genuinely free accounting and invoicing — no subscription required
• ✓Clean and easy to use interface
• ✓Good enough for most very small businesses and freelancers
• ✓Receipt scanning and bank connections included free

Cons

• ✗Limited features compared to paid alternatives
• ✗Customer support is minimal on the free plan
• ✗Not suitable for growing businesses with complex needs
• ✗Payroll and payment processing add-ons can add up in cost

Pros

• ✓Affordable EOR pricing compared to larger competitors
• ✓Fast onboarding with new hires ready in days
• ✓Good country coverage across 150+ countries
• ✓Responsive customer support team

Cons

• ✗Newer platform with less brand recognition than established competitors
• ✗Smaller owned-entity network than Remote or Deel
• ✗HRIS features are basic beyond global employment

Best For

Solopreneurs and very small businesses wanting free accounting and invoicing software

Best For

Startups and SMBs hiring internationally on a budget