BusinessFinancing.co.uk

Featured* Small Business Accounting Software
 

Wave vs PaperLess: Which Is Better Accounting Software?


Last Updated: 20 May 2025
Reviewed By: Ian Wright (Managing Director)

Which accounting software is better Wave or PaperLess?

We compare them based on real user reviews, prices and what features they both offer.

Wave homepagePaperLess homepage
 

Wave vs PaperLess Basics

WavePaperLess
Software WebsiteWave WebsitePaperLess Website
HMRC MTD StatusNot IncludedNot Included
Who Can Use It?Businesses and Self-employedBusinesses and Accountants
HMRC Listed FeaturesNoneRecord keeping
PlatformsWeb-based application, Android, iOSClient based application
Note data for this section comes from HMRC here and here

Wave vs PaperLess Reviews

Wondering if Wave or PaperLess has better user reviews. We compared them below.

WavePaperLess
Trustpilot Rating1.64.6
Number of Trustpilot Reviews12644
iPhone App Rating4.5No Rating
Number of iPhone Reviews5700No Reviews
Android App Rating4.7No Rating
Number of Android Reviews23000No Reviews
Please note ratings we’re accurate at the time of writing but may have since changed

Wave vs PaperLess Prices

Which is cheaper Wave or PaperLess? Here are their prices compared.

Wave pricingPaperLess pricing

Free Plans & Trials

WavePaperLess
Free Plan?YesNo
Free Trial?YesNo
Free Trial Length?30 daysNo
Data taken from each company’s website at the time of writing but may have since changed.

Paid Plan Prices

WavePaperLess
Cheapest Plan Cost Per Month£0.00£69.00
Mid-Tier Plan Cost Per MonthNANA
Top Plan Cost Per MonthNANA
Data taken from each company’s website at the time of writing but may have since changed.

Wave vs PaperLess Features

Wave featuresPaperLess features

Wave Basic Features

  • Get unlimited income and expense tracking.
  • Add unlimited partners, collaborators, or accountants.
  • Know if you should charge clients more just by glancing at your dashboard.
  • Make unlimited bank and credit card connections.
  • Access helpful reports like Overdue Invoices & Bills and Profit & Loss.

Wave Software Integrations

  • Zapier

PaperLess Basic Features

  • Automatic Invoice Recognition
  • Live Posting of Transactions into Sage
  • Automatic Attach Invoices to Sage
  • Automatic Upload of Transactions into Sage
  • Live Lookup of Invoices from withing Sage
  • Full Access to PaperLess Accounting Archive
  • Full Remote Access to PaperLess

PaperLess Software Integrations

  • Iris Exchequer
  • Decorus
  • Numerii

Common Feature Comparison

WavePaperLess
Payroll Software IntegrationYesYes
Track VATYesNo
VAT FilingYesYes
Real-Time Financial ReportsYesNo
Prepare Self AssessmentYesNo
Income Tax EstimatesYesNo
Manage Income & ExpensesYesYes
Create InvoicesYesYes
Forecast Cash FlowYesNo
Accept and Make Payments In Different CurrenciesYesNo
Employee Time TrackingNoNo
ProjectsNoNo
Bank Feed IntegrationYesYes
End of Year FilingsYesNo
Capture Bills And ReceiptsYesYes
Bulk Reconcile TransactionsYesYes
Track Inventory & Stock LevelsNoNo

WavePaperLess
Pros
  • User Friendly
  • Meets Business Needs
  • Pricing
  • User Interface
  • One Stop Shop
  • Automate invoice approval processes per on supplier, department, project and/or cost centre
  • Full Document Management Automation for Emailed Invoices
  • Automatic Invoice Recognition
Cons
  • Customer Service
  • Expensive
  • Not User Friendly
  • Takes Time
  • Learning Curve
  • Low review score

More Comparisons

Wave vs Odoo Accounting
Ember vs Kashoo
Ember vs Crunch
Ember vs Bokio
Ember vs Pandle

Disclaimer: Businessfinancing.co.uk is a business finance and lending research and information website publisher. We are not a lender, bank, broker and/or other financial institution and as such we are not authorised or regulated by the FCA to offer financial advice. We can't recommend any of the products and/or services featured on the site. Companies are ranked in no particular order and higher ranking does not imply one company is better than another. We work with FCA authorised and regulated firms who may pay us a commission for referring you to them but this has no impact on our content and helps keep this website free to use.



Best Business Bank Accounts · Free Business Bank Accounts · Business Savings Accounts · Business Credit Cards
Blog · About Us · Contact US · Privacy Policy · Terms of Use
Copyright © 2025 BusinessFinancing.co.uk

Registered Office Address:
3rd Floor Great Titchfield House, 14-18 Great Titchfield Street, London, United Kingdom, W1W 8BD
Company number 10490224