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PaylocityA Solution For HR, Finance, and IT, Tailored to You
vs
WaveClear books. Confident decisions.
Comparison · Payroll · weekly run Nov 3

Paylocity vs Wave

Which one do AI engines recommend, and how do they differ on price, fit and features?

The short answer

Paylocity is the stronger AI pick in Payroll: it has a visibility score of 4.8 versus 2.3 for Wave.

Choose Paylocity if…

  • You want the brand AI engines rank higher (4.8 vs 2.3)
  • You need ISO 27001:2022 or SOC 1 or SOC 2 Type II coverage
  • You prefer a larger, established vendor (5,000+ employees)
  • Modern user experience

Choose Wave if…

  • AI answers describe it more positively (38% vs 27% positive)
  • Free accounting and invoicing for micro-businesses
  • Well suited to freelancers and very small businesses
  • Ongoing free plan rather than a time-limited trial

AI visibility side by side

Latest weekly run · Nov 3

Metric Paylocity Wave
Visibility score4.8%2.3%
Change vs last weekNewNew
Rank in Payroll#19#23
Share of voice1.9%0.9%
Mentions this run94
Positive in AI answers27%38%

The stronger value in each row is marked with a ✓.

Visibility score trend

Weekly runs over the last 60 days

0%25%50%75%100%Nov 3Paylocity 5%

Paylocity 0pp · Wave 0pp over 0 weekly runs.

Engine by engine

Paylocity leads on 2 of 3 engines

ChatGPT
8%
2.6%
AI Mode
1.7%
2%
Perplexity
4.8%
2.2%
PaylocityWave

Head to head in AI answers

0 engine answers name both brands

0Paylocity ranked higher
0Wave ranked higher

Features, pricing & fit

DimensionPaylocityWave
Pricing model—Flat tiers
Entry price—Free; paid from $19 / mo
Free plan—Yes
DeploymentWeb and mobile appCloud-based web application with a mobile app
ComplianceISO 27001:2022, SOC 1, SOC 2 Type II—
Support24/7 access through self-service portal, Expert benefit support assistance, Phone support at 1-800-520-2687Live chat and email support, Monday to Friday 9 AM to 4:45 PM Eastern, Wave Advisors bookkeeping and coaching (paid add-on)
Founded19972009
HeadquartersSchaumburg, IllinoisToronto, Ontario, Canada
Employees5,000+201–500
FundingFollow-on offering · $110M raisedSeries D
Best forMid-sized employers, roughly 50 to 500 employees, that want payroll, HR, finance and IT in one systemFreelancers, solopreneurs, contractors and consultants who run small businesses and want simple books and invoicing without accounting expertise

Plans side by side

Paylocity

Pricing not available.

Wave

Starter$0month
Pro$19month per business (billed monthly); $190/year billed annually
Wave Advisors$149month (starting at)
Wave pricing

Pros and cons

Themes from the AI answers that mention each brand

Paylocity

  • Modern user experience
  • Strong analytics
  • High workforce management automation

    Wave

    • Free accounting and invoicing for micro-businesses
    • Well suited to freelancers and very small businesses
    • Ongoing free plan rather than a time-limited trial
    • Affordable and reliable for small businesses
    • Clear public pricing
    • Free plan mainly suits a single user, not teams
    • Free products offer fewer controls and growth features

    Data collected ·ChatGPT, Perplexity, Google AI Mode·coverage 100%·next run

    Cite as: SlateIndex, “Paylocity vs Wave”, https://slateindex.ai/compare/paylocity-vs-wave, data of Nov 3, 2026. Licence: CC BY 4.0.