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The Freelancer Magazine

Still Using Wave? There's a Better Way (2026)

Wave handles invoicing and basic bookkeeping, but 81% 1-star reviews and H&R Block moved automatic bank imports behind a $19/month paywall, and after all that, there's still no project management that tracks tasks and deadlines, no time tracking that feeds hours into invoices, no proposals that auto-create projects when signed, and no branded client portal where clients check progress and pay.

Plutio is a fully branded platform where proposals, projects, time tracking, invoicing, and client portals are all connected. When a proposal gets signed, the project creates itself with tasks and timelines, tracked hours flow into invoices automatically, and clients check progress, approve deliverables, and pay from a branded portal.

Last updated February 2026

Real Wave Reviews
Trustpilot
1.0

I would give 0 stars if able. Payroll system has been broken for 3 pay periods. Customer service shut down due to volume of complaints.

Trustpilot
1.0

WAVE is a disaster, don't get fined like me. I received an IRS late payment fine. The upgrade crashed my system and lost my employee history.

Trustpilot
1.0

What has happened? My ACH payment has been stuck for a week. Support is unhelpful. After H&R Block's acquisition, service has significantly declined.

Trustpilot
1.0

$3,000 payment disappeared. Account cancelled unexpectedly with no explanation or warning.

Trustpilot
1.0

Used Wave for 6+ years but payroll issues are now unresolved. Poor support. The platform I relied on is no longer the same product.

Common questions about switching from Wave

Does Wave have project management?

Wave has no project management features in any plan. There are no task lists, Kanban boards, Gantt timelines, milestones, or project templates. Freelancers managing client work through Wave need Asana, Monday, or Trello running alongside the platform. Plutio includes Kanban boards, Gantt charts, task dependencies, milestones, and project templates, with time tracking and invoicing built into the same workspace.

How much does a full Wave workflow actually cost?

Wave's free Starter plan doesn't include automatic bank imports, custom branding, or multi-user access. The Pro plan costs $19/month. But the full workflow still needs additional tools: Asana or Monday for project management ($11-27/month), Toggl for time tracking ($9/month), and PandaDoc or similar for proposals ($19/month). The monthly total reaches $58-74/month for a workflow where data lives in four separate apps. Plutio starts at $19/month and includes projects, invoicing, time tracking, proposals, contracts, and client portals with no extra tools needed.

Can Plutio replace Wave for invoicing?

Plutio handles invoicing with recurring schedules, automatic late payment reminders, multi-currency support, and payment processing through Stripe, PayPal, or bank transfer. The difference is that Plutio's invoices pull from tracked hours automatically, so hourly billing doesn't require manual line items copied from a separate time tracker. The invoicing also connects to proposals and projects, so the entire client lifecycle lives in one place.

Does Wave have time tracking?

Wave has no built-in time tracking in any plan. Freelancers billing hourly need a separate tool like Toggl or Harvest, then manually create invoice line items from tracked hours at the end of each billing cycle. Plutio includes a built-in timer on every task, with tracked hours converting directly to invoice line items in one click.

Is Wave still free after the H&R Block acquisition?

Wave's Starter plan is still free but limited. After H&R Block's acquisition (completed 2023), automatic bank transaction imports moved behind the $19/month Pro paywall. Free users created after May 2024 must manually upload CSV bank statements instead of connecting accounts directly. Custom branding, multi-user access, and receipt capture also require the Pro plan.

Does Plutio have proposals and e-signatures?

Plutio includes a drag-and-drop proposal builder with pricing tables, service packages, and built-in e-signatures. The signed proposal becomes the project scope, so there's no gap between what the client agreed to and what gets delivered. Contracts attach to the same record, and the first invoice can pull directly from the approved pricing.

Does Wave have a client portal?

Wave has no client portal. Clients receive invoices by email and pay through a Wave-branded payment link. There's no way for clients to view project progress, upload files, track milestones, or communicate through the platform. Plutio's client portals are branded with a custom logo and domain, where clients see active projects, milestones, shared files, and unpaid invoices in one view.

Why does Wave have a 1.2 rating on Trustpilot?

Wave's Trustpilot rating dropped after H&R Block's acquisition and a 2025 payroll provider migration to Check that caused missed pay periods, double tax debits, and lost employee history. The 81% 1-star review rate reflects post-acquisition frustration with features moving behind paywalls, declining customer support, and payment processing failures where funds were held or disappeared.

Can Wave handle recurring retainer clients?

Wave supports recurring invoices that auto-send on schedule, but there's no project management or time tracking to go with the billing. Retainer clients need project structures, task tracking, and hour logging that Wave doesn't include. Plutio supports recurring invoices alongside project templates that create consistent structures for each engagement period, with time tracking and client portal access built in.

Does Plutio work for agencies with multiple team members?

Plutio supports teams with role-based permissions, shared projects, and collaborative workflows. Team members see their assigned tasks across all projects, and time tracking rolls up by person and project. Client portals show a unified brand. Wave's free Starter plan is limited to a single user, and the Pro plan offers limited role-based access without project collaboration features.

What's included in Plutio's free trial?

The 14-day trial opens the full platform with no credit card required. Projects, proposals, invoicing, time tracking, client portals, everything is live from the first login so the trial actually shows what daily use feels like. There are no feature gates or locked tiers to upgrade past.

Can active Wave billing keep running during the switch to Plutio?

Running both platforms in parallel is the recommended approach. Active invoicing finishes in Wave while new client work starts in Plutio. The switch happens between projects, not during them, so no client relationships get disrupted mid-engagement. Export client contacts and unpaid invoice data from Wave before cancelling.

Need more than an accounting app?

One platform for proposals, projects, invoicing, and client portals

Plutio handles proposals, projects, time tracking, invoicing, and client portals from one workspace. Free for 14 days, no credit card required.

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Plutio - Your entire business, one login away