Wave vs Xero
What each one’s own pages state, side by side. Every value is a quote AirStack found on that product’s pages; “Not observed” means AirStack has not found it on that product’s pages.
| Wave | Xero | |
|---|---|---|
| What it says it does | The single source of truth for your business finances. waveapps.com | Accounting Software for Small Businesses | Xero US xero.com |
| Starting at | $9.50 Pro Plan / month free plan listed | $27 Early / month |
| Platforms | Android, iOS, desktop, mobile app waveapps.com | Not observed |
| Deployment | web-based waveapps.com | Not observed |
| Integrations | Plaid, Google Sheets, Amazon, Etsy, GoHighLevel, MinuteDock, PayPal, Shopify, Stripe waveapps.com | Shopify, Etsy, Revolut Business apps.xero.com |
| Compliance | Not observed | ISO 27001, SOC 2 xero.com |
| Free plan | Not observed | Yes developer.xero.com |
| Plans | Starter, Pro waveapps.com | Early, Established, Growing xero.com |
| Pricing basis | The subscription fee for the Pro Plan is per business, not per owner. waveapps.com | Xero subscriptions auto-renew monthly until they are cancelled. xero.com |
| Customers (their claim) | Over 300,000 small businesses trust Wave waveapps.com | Used by 5 million customers worldwide. xero.com |
Where they differ
- Xero’s pages state a free plan; AirStack has not found that on Wave’s pages.
- Xero claims ISO 27001 on its own pages; Wave’s pages read by AirStack do not mention it.
- Xero claims SOC 2 on its own pages; Wave’s pages read by AirStack do not mention it.
Prices are list prices as written on each pricing page; check them before you buy. Nothing here is a ranking or a recommendation.