Canopy vs Wave: what each really costs
Team size
Billing
Canopy
No plan for this billing option
No paid plan to compare for this billing option.
Wave
Pro (annual billing) plan
$190
a year for 10 people · $15.83 a month
| 10 people | Canopy | Wave |
|---|---|---|
| Entry paid plan | No plan for this billing option | Pro (annual billing) |
| Vendor price | $190 per year | |
| Monthly cost | $15.83 | |
| Annual cost | $190 | |
| Per user / year | $19 | |
| Billing commitment | Not recorded | annual |
| Minimum seats | None stated | None stated |
| Free plan | No free plan listed | Yes |
| Free trial | Not stated | Not stated |
Calculated by SpecEntry from official vendor prices. Taxes and optional add-ons are not included. Open each product page for every plan and the official source.
Canopy vs Wave: features
Key features as each vendor lists them. A feature missing from a list does not mean the product lacks it.
Canopy
- Single-login practice hubManage clients, documents, billing, intake and communication from one login.
- Automated task handoffsTriggers handoffs and task reassignments when a project status changes.
- AI email draftingDrafts context-aware client emails and messages inside your inbox.
- AI history summariesSummarizes client histories and conversation threads into internal notes.
- AI review queueStaff can review and approve AI-drafted items before they execute.
- Smart document requestsFinds missing information from prior-year work and suggests request lists.
- Document auto-matchingUploaded documents are matched to the correct engagement.
- Time to invoiceLogged time flows directly into the invoice.
Source:getcanopy.com ·
Wave
- AccountingTrack income and expenses.
- ReceiptsScan and store receipts.
- InvoicingSend professional invoices.
- Estimates and depositsCreate estimates and collect deposits.
- PaymentsAccept credit cards and bank payments.
- PayrollRun payroll for employees or contractors.
Source:waveapps.com ·
Canopy vs Wave pricing questions
How much do Canopy and Wave cost?
Canopy paid plans start at $74 user/month, billed annually (Standard). Wave paid plans start at $19 per month (Pro (monthly billing)).
Is Canopy or Wave cheaper for 5 users?
Wave is cheaper for 5 users: $190 per year on Pro (annual billing), against $4,440 per year for Canopy on Standard. That is $4,250 less per year, before tax.
Is Canopy or Wave cheaper for 10 users?
Wave is cheaper for 10 users: $190 per year on Pro (annual billing), against $8,880 per year for Canopy on Standard. That is $8,690 less per year, before tax.
Is Canopy or Wave cheaper for 25 users?
Wave is cheaper for 25 users: $190 per year on Pro (annual billing), against $22,200 per year for Canopy on Standard. That is $22,010 less per year, before tax.
Do Canopy and Wave have a free plan?
Wave lists a free plan; Canopy does not list one on its official pricing.