Updated 2026 · Honest comparison

The best Wave alternatives for freelancers in 2026

Wave is genuinely free — and it's a solid starting point. But if you're outgrowing basic invoicing and need proposals, contracts, or a client portal, here's what to consider next.

TL;DR

You're just starting out and

Wave

You've outgrown Wave and need

kinako.

You need proper accounting with

FreshBooks

You're ready to invest in

HoneyBook or Dubsado

About Wave

Wave is a free invoicing and accounting tool that's genuinely useful for freelancers who are just starting out or who need very basic billing. No monthly fee, decent invoice customization, and basic accounting features. The limits hit fast: no proposals, no contracts, no client portal, no project management. As a business grows, most Wave users end up adding other tools — which is when the 'free' calculation changes.

Pricing: Wave: Free for invoicing and accounting. Wave Pro at $16/mo adds some features. Payments cost 2.9% + 30¢ per transaction (credit card) — no flat monthly fee but costs accumulate.

Where Wave shines

  • Genuinely free invoicing — no monthly fee
  • Decent accounting with double-entry bookkeeping
  • Receipt scanning for expense tracking
  • Good enough for very simple freelance businesses
  • No commitment — easy to start without risk

Why people look for alternatives

  • No proposals, contracts, or e-signatures — you'll need a separate tool
  • No client portal or project management
  • Payment processing fees are high (2.9% + 30¢) with no flat-fee alternative
  • Limited customer support on free plan
  • Wave Pro ($16/mo) adds features but still no CRM or contracts
  • Feels incomplete as your business grows

Feature comparison

Wave vs. the top alternatives — side by side.

Featurekinako.uswaveFreshBooksBonsaiHoneyBook
Starting price
Free / $19/mo
Free
$19/mo
$21/mo
$16/mo
Free plan
Proposals + contracts
E-signatures
Online payments
Per-use fees
Pro+ only
Client portal
Basic
Expense tracking
Double-entry accounting

The best Wave alternatives

Detailed breakdown of each option.

#1

kinako.

This is us

One tool to run your entire freelance business

Free · Pro from $19/mo

Free plan available

Best for: Solo freelancers who want everything in one place — invoicing, contracts, proposals, client portal, expenses, and project tracking — without paying for five tools

Pros

  • All-in-one workflow at $19/mo — replaces a $60–90/mo stack
  • Online Stripe payments out of the box
  • Contracts with e-signatures included at all paid tiers
  • Expense tracking + revenue dashboard
  • Free plan available (3 clients/projects/invoices)
  • Clean, modern UI — no setup overwhelm
  • Recurring invoices + automated payment reminders

Cons

  • Newer product — smaller community and fewer tutorials than HoneyBook or Dubsado
  • No native scheduling or Calendly-style booking tool (use scheduling link in profile)
  • No team/multi-user accounts yet
#2

FreshBooks

Accounting and invoicing for small businesses

From $19/mo

Best for: Freelancers and small businesses who need proper accounting, double-entry bookkeeping, tax reporting, and payroll — not CRM or proposals

Pros

  • Excellent accounting features — double-entry bookkeeping, tax summaries, P&L reports
  • Time tracking built in
  • Strong recurring invoicing and expense tracking
  • Well-established with integrations for accountants
  • Good mobile app

Cons

  • No proposals or contracts — not a CRM at all
  • No client portal or project sharing
  • Very expensive for what freelancers actually need ($19–$60/mo)
  • Lite plan limited to 5 clients
  • Overkill if you don't need accounting — you're paying for features you won't use
#3

Bonsai

All-in-one freelance management platform

From $21/mo

Best for: Freelancers focused primarily on proposals, contracts, and time tracking — especially those in tech, design, and consulting who want a clean, modern UI

Pros

  • Excellent proposal and contract templates
  • Time tracking built in
  • Clean, modern UI
  • Good task/project management features
  • Available internationally

Cons

  • Online payments (Stripe integration) requires higher-tier plan
  • No free plan
  • Starter plan is notably limited for the price
  • Client portal is more basic than competitors
  • Expense tracking limited on lower tiers
  • More expensive than alternatives for equivalent features
#4

HoneyBook

Client management platform for creative professionals

From $16/mo

Best for: Wedding photographers, event planners, and creative agencies who need polished proposals, automation workflows, and a recognizable brand in the industry

Pros

  • Large, established community with extensive tutorials and templates
  • Powerful automation workflows (e.g., auto-send contract when inquiry form is filled)
  • Polished proposal and contract builder
  • Built-in scheduling (Calendly alternative)
  • Strong mobile app

Cons

  • Expensive: full features require $32/mo plan
  • No free plan — 7-day trial only
  • No expense tracking
  • Limited project management depth
  • US and Canada only
  • Can feel overkill for solo freelancers with simple needs
#5

Dubsado

Client management for creative entrepreneurs

From $20/mo

Best for: Photographers, videographers, and designers who want deep customization, complex automation workflows, and full control over every client touchpoint

Pros

  • Highly customizable forms, proposals, and workflows
  • Unlimited clients and projects on all plans
  • Strong automation builder for complex multi-step client journeys
  • Good value at $20/mo given feature depth
  • Active user community with shared templates

Cons

  • Complex setup — user reviews commonly cite 40–60 hours to fully configure
  • UI feels dated in places, per user reviews
  • No expense tracking on its published plans
  • Significant learning curve before users describe seeing full value
  • No free plan — 21-day trial
  • Mobile app described as more limited than competitors in user reviews

Which one should you pick?

The honest answer: it depends on how you work.

If You're just starting out and need free invoicing with no commitment use Wave

It's genuinely free and works well for simple needs. Start here, upgrade when you're ready.

If You've outgrown Wave and need proposals and contracts too use kinako.

The free plan gives you 3 clients and 3 invoices like Wave, plus proposals and a client portal. Pro is $19/mo.

If You need proper accounting with your invoicing use FreshBooks

Wave's accounting is decent, FreshBooks is more robust for tax prep and bookkeeping.

If You're ready to invest in a full client management system use HoneyBook or Dubsado

More feature-complete than Wave, built for running a real creative business.

You've outgrown Wave. kinako is the next step.

Free plan with proposals, contracts, and a client portal — not just invoicing. When you're ready, Pro is $19/mo.

Try kinako free

Free plan · No credit card required

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