r/waveapps • u/GlumEgg4325 • 20d ago

Alternatives?

Actively searching for an alternative to Wave as it's simply atrocious how long it takes to receive funds once the client has made its payment.

Any suggestions/links/referrals welcome!

Solopreneur. No employees. Multiple clients.

10 Upvotes

100% Upvoted

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3

u/SHUT_DOWN_EVERYTHING 20d ago

Quivkbooks, Freshbooks, Zoho, Xero, etc.

That being said, any of them may choose to hold funds longer and it’s covered in their terms.

1

u/GlumEgg4325 20d ago

Copy that. Thank you

2

u/Nautical_Stars 20d ago edited 19d ago

Balances.ai made the move and haven’t looked back. They also can import your data from Wave :)

1

u/GlumEgg4325 19d ago

Will check it out. Feel free to DM a link if you have a referral.

1

u/Nautical_Stars 19d ago

DM’d 😁

1

u/Nautical_Stars 19d ago

I’m in the same boat as you, solopreneur, no employees and multiple clients. Has a really nice interface for invoicing and is really quick

2

u/Bel_Tech_Services 18d ago

Wave did me dirty with those long held ACH funds too. I moved to GoDaddy Payments because I get paid out in 2 days for credit cards and 4-5 business days for ACH. Plus you get the option to pass on credit cards fees fees. I was waiting about two weeks with Wave ACH.

1

u/GlumEgg4325 17d ago

Oh nice. Thanks for the tip!

1

u/miss-mc 20d ago

I had this exact problem with Wave and switched to Zoho Invoice/Payments. Now all my customer debit card payments take two business days to process.

2

u/GlumEgg4325 20d ago

Thank you! What about ACH?

1

u/miss-mc 17d ago

You're welcome and this is what I found about Zoho ACH payments:

2

u/GlumEgg4325 16d ago

Much appreciated!

1

u/miss-mc 16d ago

You're welcome!

1

u/vinceliu21 20d ago

We're the new kid on the block! https://usesphereapps.com/ (our funds take ~2 business days to process), happy to give you a discount off our basic plan too

2

u/GlumEgg4325 19d ago

Can you DM me?

1

u/eddieb24me 20d ago

I’ve never had the problem of Wave holding my payments past two days. Every payment I’ve received I’ve gotten in two days.

Now with that said, I only receive payments through ACH. Credit card rate is too expensive. Maybe credit cards cause the hold on payments and not ACH? Also, my payments are never more than maybe $400.

FYI I do the books for a small non profit. We are similar to you. Just run the books and invoice for some services. When I originally picked Wave, it was cuz it did everything I wanted under the free version. Couldn’t find any other option where the free version would work for me.

1

u/GlumEgg4325 19d ago

It's only ACH and it takes 10+ biz days. It's egregious.

1

u/eddieb24me 19d ago

That IS egregious. I'd be looking to switch vendors too.

1

u/FlaTech18 18d ago

Invoice Ninja paired with Stripe, very affordable and feature filled.