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Wave Payroll logo Wave Payroll summary Wave Payroll timesheets Wave Payroll transactions
Wave Payroll summary
Wave Payroll timesheets
Wave Payroll transactions

Wave Payroll

Brand : Wave Financial

Starting at $ 20

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Wave Payroll Pricing & Plans

Monthly Base(Self service states)
  • Pay employees and contractors
  • Tax payments and filings
  • Direct deposit
  • Automatic payroll journal entries
  • Self-service pay stubs and tax forms
    • Licenses
    • Monthly
Starting at $ 20
Monthly Base(Tax service states)
  • Pay employees and contractors
  • Tax payments and filings
  • Direct deposit
  • Automatic payroll journal entries
  • Self-service pay stubs and tax forms
    • Licenses
    • Monthly
Starting at $ 40

Wave Payroll Features

Payroll Management

  • icon_check Overtime Management Tracks and calculates employee overtime hours.
  • icon_check Automated Payroll Streamlined payroll calculations for timely processing.
  • icon_check Direct Bank Transfers Automated salary deposits directly to bank accounts.
  • icon_check Off-Cycle Payroll Processing Process unscheduled payrolls for bonuses or adjustments.
  • icon_check Multiple Pay Rates and Schedules Supports varied pay rates and custom pay cycles.
  • icon_check Expense Reimbursements Automates employee expense reimbursement processing.
  • icon_check Tax Deductions Calculates pre-tax and post-tax deductions for compliance.
  • icon_check Bonus and Incentive Management Configures and manages employee bonuses and incentives.
  • icon_check Variable Pay & Commission Management Manages variable pay and commissions accurately.
  • icon_check Employee Benefits Management Administers employee health, retirement, and other benefits.
  • icon_check Gratuity Calculation Calculates gratuity as per Indian statutory requirements.

Compliance Management

  • icon_check Professional Tax (PT) Compliance Manages PT deductions per state regulations.
  • icon_check Labour Welfare Fund (LWF) Management Manages LWF deductions for eligible employees.
  • icon_check Income Tax (TDS) Management Automates TDS calculations and deductions.
  • icon_check Provident Fund (PF) Compliance Ensures timely PF contributions and reporting.
  • icon_check Employee State Insurance (ESI) Compliance Tracks and manages ESI contributions.

Time, Attendance & Leave Management

  • icon_check Leave & Absence Management Tracks leave balances and employee absences.
  • icon_check Sick Leave and Vacation Tracking Manages sick and vacation leave with accruals.
  • icon_check Holiday & Leave Calendar Manages holiday schedules and leave tracking.
  • icon_check Attendance Tracking Monitors employee attendance for accurate payroll.
  • icon_check Leave Policy Customization Customizable leave policies to suit company rules.

Employee Self-Service (ESS)

  • icon_check Income Tax Planner Allows employees to plan and declare tax exemptions.
  • icon_check Payslip Access Provides digital payslips for employee download.
  • icon_check Expense Claims Employees submit and track expense reimbursements.

Employee Lifecycle Management

  • icon_check Employee Database Centralized repository for all employee information.
  • icon_check Employee Shift Scheduling Schedules shifts for diverse work hour needs.
  • icon_check Document Management Stores important employee documents securely.
  • icon_check F&F Settlement Automates final settlements upon employee exit.

Banking Integration & Payment Processing

  • icon_check Bank Transfer Files Generates files for seamless bank transfers.
  • icon_check Cheque Processing Supports cheque payments for payroll processing.
  • icon_check Direct Deposit Scheduling Schedules direct salary deposits on paydays.
  • icon_check Multi-Bank Support Integrates with multiple banks for payroll.

Automation and Customization

  • icon_check Alerts & Notifications Sends automated notifications for payroll events.
  • icon_check API Access Provides API for integrations with other systems.
  • icon_check Scheduled Payroll Processing Automates scheduled payroll cycles.
  • icon_check Custom Payroll Rules and Policies Customizable payroll rules for flexibility.
  • icon_check Configurable Workflows & Approvals Set workflows for approvals in payroll.

Security and Data Privacy

  • icon_check User Access Management Manages access permissions to secure payroll data.
  • icon_check Two-Factor Authentication (2FA) Enhances security with 2FA for logins.
  • icon_check Encrypted Data Transmission Protects payroll data during transfers.
  • icon_check Data Backup and Recovery Ensures secure data backup and easy recovery.
  • icon_check Audit Logs and Monitoring Tracks and logs activities for audit compliance.

Integrations

  • icon_check API Integration Connects to external systems for data exchange.
  • icon_check Payment Gateway Integrates with gateways for payment processing.
  • icon_check Third Party Integration Integrates with third-party software solutions.
  • icon_check Accounting Software Integrates with accounting systems for seamless data.
  • icon_check HRMS Syncs with HRMS for unified employee data.
  • icon_check Performance Management Connects with PMS for performance-linked pay.
  • icon_check Biometric Integration Links with biometric systems for attendance.

Reporting and Analytics

  • icon_check Payroll Reports Detailed reports on payroll processing and expenses.
  • icon_check Compliance Reports Provides reports on statutory compliance.
  • icon_check Employee Master Report Comprehensive report on employee details.
  • icon_check Leave and Attendance Reports Tracks leave and attendance records.

Wave Payroll Specifications

  • Supported Platforms :
  • Device:
  • Deployment :
  • Suitable For :
  • Business Specific:
  • Business Size:
  • Customer Support:
  • Training:
  • Language:
  • Ubuntu Windows MacOS Linux
  • Desktop
  • Web-Based
  • All Industries
  • All Businesses
  • Small Business, SMBs, SMEs
  • Email, Communities
  • Videos
  • English

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Wave Financial Company Details

Brand Name Wave Financial
Information Wave offers tailored financial services (payments, payroll) and award-winning free software for small/micro-businesses around the world.
Founded Year 2009
Director/Founders James Lochrie, Kirk Simpson
Company Size 101-500 Employees
Other Products Wave Accounting, Wave Invoicing

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