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Wave Invoicing Alternative

A better Wave invoicing alternative for document creation

If you're looking for a Wave invoicing alternative that supports more document types and offers professional templates, Involy is built for you. Create invoices, proforma invoices, purchase orders, estimates, delivery notes, and credit notes — all from one dashboard.

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Involy vs Wave Invoicing — Feature Comparison

FeatureInvolyWave
Free tier5 invoices/monthUnlimited invoices (free)
PDF export
Multi-currency
Google OAuth sign-in
Invoice templates20 (7 free, 13 Pro)Limited templates
Proforma invoices
Purchase ordersPro plan
Estimates/QuotesPro plan
Delivery notesPro plan
Credit notesPro plan
Client managementPro plan
Payment trackingPro plan
Payment processing
Accounting features
Starting price$0 / $5/mo Pro$0 (payment processing fees apply)

Why switch from Wave to Involy?

More document types

Wave focuses on invoices and receipts. Involy supports 6 document types: invoices, proforma invoices, purchase orders, estimates, delivery notes, and credit notes.

Better templates

Involy offers 20 professional templates (7 free, 13 Pro). Wave has limited template options. Involy templates are designed for different business styles.

Google OAuth sign-in

Sign in with your Google account — no separate password. Wave requires a separate account with email and password.

Dashboard with KPIs

Involy includes a dashboard with paid vs unpaid invoice tracking, accepted estimates, delivered notes, and revenue at a glance.

Multi-document workflow

Create a proforma invoice, convert it to an estimate, then to a final invoice — all in one workflow. Wave is primarily invoice-focused.

No payment processing fees

Involy doesn't charge payment processing fees because it focuses on document creation. Wave charges 2.9% + $0.60 per transaction for card payments.

Frequently Asked Questions

Is Involy a good alternative to Wave invoicing?

Yes. Involy is a strong alternative to Wave invoicing for businesses that need more than just invoices. Involy supports 6 document types (invoices, proforma invoices, purchase orders, estimates, delivery notes, and credit notes) compared to Wave's focus on invoices and receipts.

What are the main differences between Involy and Wave?

Wave focuses on invoicing and accounting for very small businesses and freelancers. Involy focuses on document generation with support for 6 document types, 20 templates, and a dashboard with KPIs. Wave includes free accounting features; Involy includes more document types and templates.

Does Involy charge for payment processing like Wave?

Involy does not currently offer built-in payment processing. It focuses on document creation and PDF export. Wave charges a percentage for payment processing. If you need to accept payments online, you would use a payment processor alongside Involy.

Sources & References

  1. Wave Official Site — Wave invoicing features and document type limitations.
  2. Wave Invoicing — Wave's invoice generator capabilities.
  3. The 6 best free invoicing software in 2026 — Zapier comparison review.
  4. 5 Wave Alternatives for financial management in 2026 — Bloom comparison article.

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Ready to try a better invoicing tool?

Switch from Wave to Involy. More document types, better templates, Google OAuth sign-in.

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