Chaser vs Wave: Pricing and Ratings Compared (2026)
Entry prices and free plans as read on each vendor's pricing page, and user ratings as published on review sites, for Chaser and Wave side by side. This page compares data; it is not a hands-on review.
On the data: On the data below, Wave leads on a free plan. We do not name an overall winner for this pair.
Short on time? Here's the quick answer
Based on published vendor pricing and features and on public review data, here's who should pick what:
Chaser
Automate AR, reduce late payments, and improve cash flow
Best for you if:
- • You want to automate AR, reduce late payments, and improve cash flow
Wave
Free accounting, invoicing, and receipt scanning for small businesses
Best for you if:
- • You want a free tier before you commit
| At a Glance | Chaser | Wave |
|---|---|---|
Starts at | From $259/mo, billed monthly Compact plan | Free plan, paid from $19/mo flat, billed monthly Pro plan |
Category | Finance Accounting | Invoicing Accounting |
Rating | n/a | 4.3/5 Capterra 4.4 · G2 4.3 · SourceForge 3.2 2,059 reviews |
Free plan | No | Yes |
Watch out for | Compact caps at 4 users | n/a |
Choose Chaser or Wave?
Choose Chaser if
- You want to automate AR, reduce late payments, and improve cash flow
Choose Wave if
- You want a free tier before you commit
In-Depth Analysis
Chaser
Automate AR, reduce late payments, and improve cash flow
Chaser's pricing is premium for AR automation: Compact at $259/month is reasonable for small teams but caps users and templates, while Core at $779 and Complete at $1169 are expensive for mid-market, though they include unlimited core features.
Watch out
Compact caps at 4 users
Strengths
- Pro: Deep two-way integrations with major accounting platforms like Xero, QuickBooks, Sage, and SAP
- Pro: Tiered plans scale from small businesses up to enterprise revenue bands
- Pro: Optional Chaser Care add-on hands off collections work to a dedicated AR specialist
Weaknesses
- Con: Entry-level plan has user and revenue caps
- Con: Custom/enterprise tier pricing is not published and requires contacting sales
Key features
Wave
Free accounting, invoicing, and receipt scanning for small businesses
Wave's Starter tier is incredibly generous, offering unlimited invoicing and bookkeeping for free, which is rare in the market.
Strengths
- Pro: Core features free
- Pro: Easy to use
- Pro: Good for startups
Weaknesses
- Con: Limited features
- Con: No inventory management
Key features
Plans and prices: Chaser vs Wave
| Tool | Plans and prices | Source |
|---|---|---|
| Chaser |
| chaserhq.com/pricing read Nov 6, 2026 |
| Wave |
| waveapps.com/pricing read Nov 8, 2026 |
Prices as read on each vendor's own pricing page on the date shown. Plans are listed per tool and are not matched against the other tool's plans: a plan name or price in one column says nothing about the same row in the other. Details on Chaser pricing and Wave pricing.
Key Takeaways
Chaser
- Choose Chaser if you want to automate AR, reduce late payments, and improve cash flow
Wave
- Has a free plan
What the data shows
On the data below, Wave leads on a free plan. We do not name an overall winner for this pair.
- Only Wave has a published user rating (4.3/5 from 2,059 reviews); Chaser has none we can show.
- Entry prices are not ranked, they are charged on different bases: Chaser $259/mo, billed monthly; Wave $19/mo flat, billed monthly.
- Only Wave has a free plan.
Criteria: user rating (only above 20 reviews on both sides, gap of 0.2 or more), entry price (only on the same billing basis), free plan. How we rate
Frequently Asked Questions
How do Chaser and Wave compare in 2026?
On the data below, Wave leads on a free plan. We do not name an overall winner for this pair. Only Wave has a published user rating (4.3/5 from 2,059 reviews); Chaser has none we can show. Entry prices are not ranked, they are charged on different bases: Chaser $259/mo, billed monthly; Wave $19/mo flat, billed monthly. Only Wave has a free plan.
What are Chaser and Wave used for?
Chaser: Automate AR, reduce late payments, and improve cash flow. Wave: Free accounting, invoicing, and receipt scanning for small businesses.
What does Chaser cost vs Wave?
Chaser's cheapest paid plan is Compact at $259/mo, billed monthly. Wave's cheapest paid plan is Pro at $19/mo flat, billed monthly; it also has a free plan. Prices read on the vendors' pricing pages, latest check Nov 8, 2026.
What's the main difference between Chaser and Wave?
Chaser's main strength: deep two-way integrations with major accounting platforms like Xero, QuickBooks, Sage, and SAP. Wave's main strength: core features free.
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