Toggl Track vs Wave: Complete Comparison (2026)
Updated: March 7, 20268 min read
VS
Quick Comparison
Toggl Track
Wave
Starting Price
$9/user/mo
$8/mo (payroll)
Free Plan
Yes
Yes
Users
5M+
2M+
Founded
2006
2010
Rating
4.6/5
4.4/5
Best For
Teams wanting simple, fast time tracking with deta...
Freelancers and tiny businesses needing free invoi...
Feature-by-Feature Comparison
Toggl TrackWave
94Ease of Use90
96Features92
96Value for Money92
87Customer Support83
89Integrations85
90Mobile App86
AI Verdict
Toggl Track leads with a SoftScout Score of 92 vs 88 for Wave. Toggl Track is best suited for Teams wanting simple, fast time tracking with detailed reporting, while Wave excels for Freelancers and tiny businesses needing free invoicing and bookkeeping. Both are strong options in the Accounting & Finance space.
CHOOSE TOGGL TRACK IF:
Teams wanting simple, fast time tracking with detailed reporting.
CHOOSE WAVE IF:
Freelancers and tiny businesses needing free invoicing and bookkeeping.
Frequently Asked Questions
Is Toggl Track better than Wave?
Toggl Track scores 92/100 on SoftScout compared to Wave's 88/100. However, the best choice depends on your specific needs. Toggl Track is best for Teams wanting simple, fast time tracking with detailed reporting. Wave is best for Freelancers and tiny businesses needing free invoicing and bookkeeping.
Does Toggl Track have a free plan?
Yes, Toggl Track offers a free plan. Paid plans start from $9/user/mo.
Does Wave have a free plan?
Yes, Wave offers a free plan. Paid plans start from $8/mo (payroll).
Can I migrate from Toggl Track to Wave?
Migration between Toggl Track and Wave depends on the specific features you use. Both tools are in the Accounting & Finance category. Check each tool's import/export options for data portability before switching.