Experi vs Wave
Both Experi and Wave offer free invoicing. But Wave is built for the North American market. Here's how they compare for UK businesses.
Quick Verdict
Wave is a genuinely free platform with solid accounting features — but it's designed for the US and Canadian market. UK-specific needs like VAT rates, CIS deductions, and statutory late payment interest aren't Wave's strength. If you're a UK business, Experi is built specifically for you.
Feature-by-Feature Comparison
| Feature | Experi | Wave |
|---|---|---|
| Free plan | Yes — 5 invoices | Yes — unlimited invoices |
| Paid plan price | £9/mo Pro (unlimited) | Free (revenue from payments) |
| UK VAT support | Full multi-rate VAT | Basic tax rates only |
| CIS deductions | Built-in CIS support | Not supported |
| Late payment interest | UK statutory interest | Not available |
| Payment reminders | Automated chasing | Basic reminders |
| Bank connections | Not included | Bank feeds (US/Canada mainly) |
| Accounting features | Invoicing focused | Full double-entry accounting |
| Ads / branding | No ads, no forced branding | Ad-supported platform |
| UK focus | Built for UK businesses | US/Canada focused |
| Quotes | Quotes with conversion | Estimates |
| Credit notes | Full credit note support | Credit notes available |
| Multi-currency | 20+ currencies | Multiple currencies |
| Recurring invoices | Automated recurring | Recurring invoicing |
| Data privacy | GDPR compliant, UK hosted | US-based data storage |
= Experi advantage| = Wave advantage
Why Choose Experi
- Purpose-built for UK businesses and tax requirements
- No ads or unwanted branding on your invoices
- UK VAT, CIS, and late payment interest built-in
- Superior automated payment chasing
- GDPR compliant with UK data considerations
- UK-focused support and documentation
Why Choose Wave
- Completely free with unlimited invoices
- Includes full accounting features at no cost
- Bank connections available (primarily US/Canada)
- Receipt scanning on mobile
- Longer track record in the market
- Payment processing integration
Which Should You Choose?
Choose Experi if:
UK freelancers and businesses who need proper VAT support, CIS compliance, and UK-specific invoicing features without ads or US-centric design.
Choose Wave if:
Cost-conscious businesses (especially in US/Canada) who want free accounting alongside invoicing and don't need UK-specific tax features.
Try Experi Free
See how Experi compares with your own invoicing. Create your first invoice in under 60 seconds — no credit card needed.
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