TimeTrexTaking the Work Out of Workforce Management
vs
WaveClear books. Confident decisions.
Comparison · Payroll · weekly run Nov 3
TimeTrex vs Wave
Which one do AI engines recommend, and how do they differ on price, fit and features?
The short answer
Wave is the stronger AI pick in Payroll: it has a visibility score of 2.3 versus 1.6 for TimeTrex.
Choose TimeTrex if…
- Free open-source self-hosted option
- Full payroll, time tracking and tax calculations
- Unlimited users in Community Edition
Choose Wave if…
- You want the brand AI engines rank higher (2.3 vs 1.6)
- AI answers describe it more positively (38% vs 0% positive)
- You prefer a larger, established vendor (201–500 employees)
- Free accounting and invoicing for micro-businesses
AI visibility side by side
Latest weekly run · Nov 3
| Metric | TimeTrex | Wave |
|---|---|---|
| Visibility score | 1.6% | 2.3% |
| Change vs last week | New | New |
| Rank in Payroll | #27 | #23 |
| Share of voice | 0.5% | 0.9% |
| Mentions this run | 2 | 4 |
| Positive in AI answers | 0% | 38% |
The stronger value in each row is marked with a ✓.
Visibility score trend
Weekly runs over the last 60 days
TimeTrex 0pp · Wave 0pp over 0 weekly runs.
Engine by engine
Wave leads on 2 of 3 engines
ChatGPT
AI Mode
Perplexity
TimeTrexWave
Head to head in AI answers
0 engine answers name both brands
0TimeTrex ranked higher
0Wave ranked higher
Features, pricing & fit
| Dimension | TimeTrex | Wave |
|---|---|---|
| Pricing model | — | Flat tiers |
| Entry price | — | Free; paid from $19 / mo |
| Free plan | — | Yes |
| Deployment | Cloud or on-site | Cloud-based web application with a mobile app |
| Support | Phone, Email, Live chat | Live chat and email support, Monday to Friday 9 AM to 4:45 PM Eastern, Wave Advisors bookkeeping and coaching (paid add-on) |
| Founded | 2003 | 2009 |
| Headquarters | Vancouver, British Columbia, Canada | Toronto, Ontario, Canada |
| Employees | 11–50 | 201–500 |
| Funding | — | Series D |
| Best for | Businesses of all sizes, from small startups to large enterprises | Freelancers, solopreneurs, contractors and consultants who run small businesses and want simple books and invoicing without accounting expertise |
Plans side by side
TimeTrex
Pricing not available.
Wave
Starter$0month
Pro$19month per business (billed monthly); $190/year billed annually
Wave Advisors$149month (starting at)
Pros and cons
Themes from the AI answers that mention each brand
TimeTrex
- Free open-source self-hosted option
- Full payroll, time tracking and tax calculations
- Unlimited users in Community Edition
- Unclear annual payment discount
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, “TimeTrex vs Wave”, https://slateindex.ai/compare/timetrex-vs-wave, data of Nov 3, 2026. Licence: CC BY 4.0.