⚖️Side-by-Side Comparison

Invoice by Alto vs Wave: Which is Better in 2026?

We've compared 2 tools across pricing, features, ratings, and reviews to help you make an informed decision. No paid placements — just facts.

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Feature
Invoice by Alto logo
Invoice by Alto

Accounting & Finance

Wave logo
Wave

Accounting & Finance

RatingNo reviews yetNo reviews yet
Pricing
  • Subscription:99¢/mo

as of Sep 15, 2026

  • Wave Pro:Contact Sales

as of Oct 12, 2026

Pricing ModelPaidFreemium
Free Plan
Free Trial90 days
API Available
Verified
Founded—2009
HQ—Toronto, Canada
Team SizeOne person / solo (freelancers, contractors, small business owners)201-500
Platforms—
WebiOSAndroid
Top Integrations
CashAppPayPalBitcoinMaya+1 more
Apple Pay
Key Features
  • Time tracking
  • Expense logging
  • Invoicing
  • Payment acceptance
  • Cloud backup & calendar sync
  • +1 more
  • Accounting
  • Invoicing
  • Online payments
  • Payroll
  • Advisors
  • +1 more
Description

Invoice by Alto (now delivered through the Alto Timer app) is a mobile-first billing tool for solo workers — freelancers, contractors, consultants, designers, musicians, and trades — who want to run a one-person business from their phone. It combines one-tap time tracking, expense/receipt logging, and invoice creation with payment collection via CashApp, PayPal, Bitcoin, and Maya. Its main differentiator is the 'Alto Price Guarantee': free for the first three months, then a locked-in 99¢/month rate that never rises.

Wave is the only completely free accounting and invoicing software for small businesses. With 4 million+ users, Wave provides everything self-employed entrepreneurs need to run their finances — without spending a penny.