MarginEdge vs Wave Pricing (2026)

How do these two stack up on price? Here's what each one costs, what you get, and where the value sits.

MarginEdge pricing Wave pricing
Starts at $350/mo $19/mo
Number of plans 2 2
Free plan
Free trial — —
Pricing model flat-rate flat-rate

Price is one row. To weigh the features too, use our feature comparison template →

MarginEdge

$350/mo
  • Product price monitoring & alerts
  • Easier inventory tools
  • Recipe management with robust menu analysis
  • Free vendor statement reconciliation and Bill Pay
  • No-fuss invoice processing, and more!

MarginEdge + Freepour

$500/mo
  • All the insights MarginEdge offers
  • The Freepour smart scale
  • Precise liquor counts
  • Increased team accountability
  • Lightning fast inventory

STARTER Plan

$0/mo
  • Create unlimited estimates, invoices, bills, and bookkeeping records
  • Option to accept online payments
  • Invoice on-the-go with the mobile app
  • Manage cash flow and customers in one dashboard

Pro Plan

Popular
$19/mo
  • Option to accept online payments at a discounted rate
  • Auto-import bank transactions
  • Auto-merge and categorize bank transactions
  • Digitally capture unlimited receipts and track expenses
  • Automate late payment reminders

MarginEdge vs Wave FAQ

Which one is cheaper?
Wave is the cheaper option, starting at $19/mo vs $350/mo for MarginEdge.
Can I use either one for free?
Both offer free plans, so you can try each without paying. Start with whichever fits your workflow better and upgrade when you hit the limits.
How do they charge?
Both use a flat-rate model, so the comparison is straightforward — it comes down to features and limits at each price point.
Which one is a better deal?
Depends on what you need. MarginEdge: At $350-500/mo per location with no free plan or trial, this sits toward the premium end for independent restaurants and small groups — it's priced like a tool for operators who already know back-office chaos is costing them margin. They're not chasing single-location mom-and-pops; they're going after multi-unit groups where the per-location fee adds up fast but so does the ROI on food cost control. Wave: This is a budget play through and through, undercutting QuickBooks and Xero by a wide margin — those run $30-90+/mo before add-ons. Wave's betting that freelancers and micro-businesses will trade some polish and depth for a near-free (or literally free) tool, then get sticky enough to pay $19 once cash flow allows.

Still deciding? See the best MarginEdge alternatives or the best Wave alternatives, ranked with verified pricing.

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