CompareStack/Bonsai vs Wave
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Updated March 2026 · Independent Analysis

BonsaivsWave

Wave starts at $16/mo, 36% cheaper than Bonsai's $25/mo. Both rated 4.4/5 by users.

B
Bonsai

All-in-one product for freelancers: invoicing, contracts, accounting, and tax

★ 4.4/5Founded 2016500K+ freelancers users
Try Bonsai Free →
W
Wave

Free accounting, invoicing, and receipt scanning for small businesses

★ 4.4/5Founded 20102M+ small businesses users
Try Wave Free →

⚡ Quick Stats

⭐
Avg Rating
Bonsai4.4/5
Wave4.4/5
🏆 Bonsai wins
💰
Starting Price
Bonsai$25/mo
Wave$16/mo
🏆 Wave wins
🔧
Features
Bonsai15
Wave15
🏆 Bonsai wins
🎁
Free Plan
BonsaiNo
WaveYes ✓
🏆 Wave wins

📊 Ratings Breakdown

B

Bonsai

4.4/5 avg
G2 Score4.3/5
Capterra Score4.5/5
Overall Avg4.4/5
W

Wave

4.4/5 avg
G2 Score4.4/5
Capterra Score4.4/5
Overall Avg4.4/5

⚡ Quick Verdict

Independent analysis based on features, pricing, and user ratings

Choose Bonsai if you need:
  • ✓ Contracts & Proposals
  • ✓ Accounting & Tax
  • ✓ Time Tracking
  • ✓ Expense Tracking
  • ✓ Client Portal
Try Bonsai Free →
Choose Wave if you need:
  • ✓ Accounting
  • ✓ Receipt Scanning
  • ✓ Bank Connections
  • ✓ Financial Reports
  • ✓ Payroll
Try Wave Free →

🔧 Feature Comparison

Bonsai uniquely offers Contracts & Proposals, Accounting & Tax, Time Tracking. Wave uniquely offers Accounting, Receipt Scanning, Bank Connections. Both share 2 features including Invoicing, Mobile App.

Feature
Bonsai
Wave
Invoicing
✓
✓
Mobile App
✓
✓
Contracts & Proposals
✓
✗
Accounting & Tax
✓
✗
Time Tracking
✓
✗
Expense Tracking
✓
✗
Client Portal
✓
✗
Forms & Questionnaires
✓
✗
Task Management
✓
✗
Scheduling
✓
✗
CRM
✓
✗
Automations
✓
✗
Payment Processing
✓
✗
Tax Preparation
✓
✗
Reports
✓
✗
Accounting
✗
✓
Receipt Scanning
✗
✓
Bank Connections
✗
✓
Financial Reports
✗
✓
Payroll
✗
✓
Online Payments
✗
✓
Multi-currency
✗
✓
Sales Tax Tracking
✗
✓
Recurring Invoicing
✗
✓
Customer Management
✗
✓
Estimates
✗
✓
Dashboard
✗
✓
Integrations
✗
✓
Total Features
15
15

💰 Pricing Comparison

Wave starts at $16/mo, 36% cheaper than Bonsai's $25/mo.

B

Bonsai Plans

Paid plans only

StarterBest Value
$25/mo
  • • Unlimited clients
  • • Invoicing
  • • Contracts
Professional
$39/mo
  • • Custom branding
  • • Forms & questionnaires
Business
$79/mo
  • • Subcontracting
  • • Hiring workflow
Full Bonsai pricing breakdown →
W

Wave Plans

Free tier available

Free (Accounting)
Free
  • • Accounting
  • • Invoicing
  • • Receipt scanning
Pro (Accounting)Best Value
$16/mo
  • • Bank connections
  • • Receipt scanning
Payroll
$20/mo base
  • • + $6/employee
  • • Tax-filing states
Advisors
$149/mo
  • • 1-on-1 coaching
  • • Bookkeeping support
Full Wave pricing breakdown →
🔔 Get notified when prices change

❓ Frequently Asked Questions

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