Wave Payroll vs AME Software

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Our analysts compared Wave Payroll vs AME Software based on data from our 400+ point analysis of Payroll Software, user reviews and our own crowdsourced data from our free software selection platform.

Wave Payroll Software Tool
AME Software Software Tool

Product Basics

Wave Payroll is a cloud-based solution designed to provide simplified payroll management solutions. The product allows users to sync data, monitor employee activity, track leave, comply with tax reforms, view journal transactions, generate payslips and process payments.

It uses 256-bit encryption to protect bank data connections and handles credit card and bank account information with PCI Level-1 certification. Other functionalities include income and expense tracking, accounting, monthly receipt uploads, regular reminders, consolidated dashboards and transaction updates.
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AME Software offers a comprehensive solution for managing payroll and related tasks, making it particularly well-suited for small to mid-sized businesses. The software streamlines payroll processing, tax calculations, and compliance reporting, which can significantly reduce administrative burdens. Users appreciate its user-friendly interface and robust functionality, which includes features like direct deposit, employee self-service portals, and detailed reporting capabilities.

One of the key benefits of AME Software is its affordability, with pricing typically falling within a moderate range, often based on the number of employees and frequency of payroll runs. This makes it an attractive option for businesses looking to balance cost and functionality. Compared to similar products, users often highlight its ease of use and reliable customer support, which can be crucial for businesses without dedicated payroll staff. Overall, AME Software provides a solid, cost-effective solution for efficient payroll management.

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$46 Monthly
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$339 One-Time
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Product Assistance

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Product Insights

  • Centralized Payroll: Add new employees, manage payments, track salaries, record time offs, manage tax deductions and oversee the overall workforce system with integrated solutions and efficient tools. 
  • Automated Compliance: Stay updated with ever-changing tax laws and compute state, federal and local taxes automatically. Conform to regulatory changes and access accurate calculations with an effective tax engine. 
  • Journal Transactions: Instantly access expenses, money owed to employees and tax authorities, liabilities, total costs and more on a single screen. 
  • Self-Service: Allow employees to access personal details, view pay stubs, edit bank-related information, tax forms and more. 
  • Dashboard: Edit, review, edit and manage payrolls on a consolidated dashboard. Set up schedules, approve runs, view bank account balance, export reminders to the calendar and update timesheets. 
  • Reports: Access comprehensive reports to get in-depth insights into total sales, cash flow, profit and loss statement, transaction volumes and other crucial business metrics. Gauge performance and improve services with comparative reporting. 
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  • Time-Saving Processing: Automate payroll for all employees to save time and eliminate the margin of costly user error. 
  • Customize To Fit Any Business: Maximize the value of a new system by picking the right level of support. Choose between levels of payment and accounting support geared towards businesses small to large. 
  • Increased Security: Protect vulnerable documents and information with encoded checks and built-in data security for sensitive accounting material. 
  • Stay Up To Date with Dynamic Support: Remain compliant and avoid harmful errors with ever-changing local, state and federal requirements with a continuously updated operating system. 
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  • Centralized Payroll: Add new employees, manage payments, track salaries, record time offs, manage tax deductions and oversee the overall workforce system with integrated solutions and efficient tools. 
  • Automated Compliance: Stay updated with ever-changing tax laws and compute state, federal and local taxes automatically. Conform to regulatory changes and access accurate calculations with an effective tax engine. 
  • Journal Transactions: Instantly access expenses, money owed to employees and tax authorities, liabilities, total costs and more on a single screen. 
  • Self-Service: Allow employees to access personal details, view pay stubs, edit bank-related information, tax forms and more. 
  • Dashboard: Edit, review, edit and manage payrolls on a consolidated dashboard. Set up schedules, approve runs, view bank account balance, export reminders to the calendar and update timesheets. 
  • Reports: Access comprehensive reports to get in-depth insights into total sales, cash flow, profit and loss statement, transaction volumes and other crucial business metrics. Gauge performance and improve services with comparative reporting. 
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  • Employee Payments: Process payments accurately and efficiently for guaranteed correct sums every time. Deposit wages directly into employees’ checking or savings accounts through any compatible third-party processing service. 
  • Digital Filing: Eliminate time-consuming paper trails with automated local, state and federal reporting and filing. Create customized invoices, statements and checks for specific business needs. 
  • Accounting Filing: Record income statements, bank reconciliations and monthly and yearly budgets. File unlimited 1099s and track unlimited vendors. 
  • Employee History: Track employee requests and records for vacation, sick leave and PTO accrual. Manage attendance history on the same platform as wage history. 
  • Electronic Signatures: Sign magnetic ink character recognition (MICR) checks with digital signatures before printing. Save time by simplifying the process of traditional paper checks. 
  • Personal Transmittals: Complete transactions with IRS compatibility for 940s, 941s and DE9s. Pay a rate per number of forms filed per quarter, or pay for a flat fixed rate if filing more than 500 forms. 
  • Tiered Platforms: Select platform support for small business payments and accounting, professional and enterprise payment, general ledger reporting only, direct depositing, check and PDF converting, or everything combined. Add additional state reporting for program tiers that require it. 
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Product Ranking

#31

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Payroll Software

#116

among all
Payroll Software

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User Sentiment Summary

Great User Sentiment 116 reviews
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82%
of users recommend this product

Wave Payroll has a 'great' User Satisfaction Rating of 82% when considering 116 user reviews from 2 recognized software review sites.

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4.14 (58)
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4.1 (58)
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Synopsis of User Ratings and Reviews

Intuitive Design: Users praise Wave Payroll's easy-to-use interface, finding it simple to navigate and complete tasks like setting up payroll and running reports.
Automated Tax Filing: Wave Payroll automatically calculates, files, and pays payroll taxes, saving users time and reducing the risk of errors.
Affordable Pricing: Many users appreciate Wave Payroll's transparent and competitive pricing, especially its free plan for contractors and freelancers.
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Ease of Use: Users consistently praise AME Software for its intuitive interface, making it easy to navigate and understand, even for those with limited payroll experience.
Time-Saving Features: AME Software's automation features, such as automatic tax calculations and direct deposit processing, significantly reduce the time spent on manual tasks, allowing payroll professionals to focus on more strategic initiatives.
Reliable Accuracy: Users consistently report high levels of accuracy in payroll calculations, minimizing the risk of errors and ensuring timely and correct payments to employees.
Excellent Customer Support: AME Software's customer support team is highly responsive and knowledgeable, providing prompt assistance and resolving issues efficiently.
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Customer Support Issues: Users have reported experiencing difficulties reaching customer support and receiving timely assistance when encountering problems.
Inaccurate Calculations: Some users have reported instances of Wave Payroll making incorrect calculations, leading to payroll errors and discrepancies.
Limited Features: Wave Payroll may lack certain advanced features that some businesses require, such as comprehensive reporting options or integrations with specific HR systems.
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Limited Customization: Some users have reported difficulty in tailoring the software to their specific payroll needs, particularly when dealing with unique pay structures or complex deductions. For example, they may find it challenging to set up custom pay periods or integrate with specific third-party applications.
Steep Learning Curve: The software's interface can be overwhelming for new users, requiring significant time and effort to master its functionalities. This can be particularly challenging for smaller businesses with limited IT resources.
Lack of Mobile App: The absence of a dedicated mobile app can be a drawback for businesses that require on-the-go access to payroll information. This can be inconvenient for managers who need to approve time off requests or view employee pay stubs remotely.
Customer Support Issues: Some users have expressed dissatisfaction with the responsiveness and quality of customer support. They may encounter long wait times or find it difficult to resolve technical issues effectively.
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Are you riding the wave of payroll success, or are you drowning in paperwork? Recent user reviews of Wave Payroll suggest it's a lifesaver for entrepreneurs and small businesses, but it might not be smooth sailing for everyone. Users rave about Wave Payroll's affordability and ease of use, especially compared to rivals like Gusto or QuickBooks Payroll. They appreciate the intuitive interface, automated tax calculations, and direct deposit features. One user even described hitting the "approve payroll" button as "fun" because it's so simple and stress-free. However, some users have voiced concerns about limited customer support and occasional glitches in the software. A few users also wished for more advanced features, such as HR tools and time tracking integration. Wave Payroll's key differentiator is its price point. Starting at $25 per month, it's significantly cheaper than many competitors, making it a godsend for budget-conscious startups and freelancers. However, this affordability comes with a trade-off: Wave Payroll's automatic tax filing service is only available in a limited number of states. If you're outside those states, you'll need to manually file taxes, which can be a headache. Overall, Wave Payroll is a great fit for entrepreneurs and small businesses looking for a user-friendly and affordable payroll solution. However, if you require robust customer support or advanced features, you might need to explore other options.

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Is AME Software the "ace" up your sleeve for payroll, or does it leave you feeling confused? User reviews from the past year paint a mixed picture of AME Software, particularly focusing on its payroll capabilities. Some users appreciate its simplicity and affordability, highlighting features like unlimited checks and direct deposit processing as major pluses, especially for smaller businesses. However, a chorus of concern emerges regarding the software's outdated interface and clunky functionality, with some users even likening it to stepping back in time. For instance, one user pointed out that "almost everything has to be done by hand." The recent update to version 3.0 has been met with resistance, with users reporting significant glitches and a preference for the older version. While the company offers live technical support, some users have reported difficulties in getting issues resolved effectively. This mixed bag suggests that AME Software might be best suited for businesses prioritizing affordability and simplicity over modern features and a seamless user experience, particularly those already familiar with the software's quirks. However, businesses seeking a more contemporary and feature-rich payroll solution might find AME Software lacking and should consider exploring alternative options.

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