Frihet vs Wave
Everything you need, for free. AI copilot, multi-currency, and developer tools included.
Key Differentiators
In 5 seconds, why Frihet is the best option.
AI-native
55+ AI tools built in. Create invoices by text, scan documents via chat, get business insights.
Developer-friendly
REST API, MCP server (55 tools), webhooks (60 events). Build any integration.
Built-in OCR
Scan receipts and invoices with AI on every plan. Wave Starter requires manual entry; OCR needs Wave Pro.
Feature Comparison
| Feature | Frihet | Wave |
|---|---|---|
| Price | Free forever | Free (Starter) / $16/mo (Pro) |
| AI copilot | 55+ tools | None |
| Expense OCR | Built-in | Pro plan only |
| Speed | Instant (SPA) | Slow page loads |
| Multi-currency | 170+ currencies | Limited |
| API | Full REST API | No public API |
| Payment processing | Stripe/PayPal | Wave Payments |
| MCP server | 55 tools, npm + remote | Not available |
| Webhooks | 60 events, HMAC verified | Limited or none |
| Accounting engine | Full accounting: P&L, Balance Sheet, Trial Balance | Basic or add-on |
| People / HR | Time tracking, leave management, overtime control | Not included |
| Client portal | Self-service with integrated online payment | Not included or premium |
| Reports | 39+ financial and business reports | Limited or premium |
| Account security | Two-factor authentication + session management | No or premium only |
| E-invoicing | VeriFactu + European e-invoicing | No or partial |
How to migrate from Wave
Switching ERPs doesn't have to be painful. Follow these steps and you'll be up and running on Frihet in a day.
Export from Wave
Go to Settings > Data Export. Download your clients, invoices, and transactions.
Sign up for Frihet
Create your free account at app.frihet.io. Setup takes 2 minutes.
Import your data
Upload CSV files. AI maps columns and detects duplicates automatically.
Start invoicing
Create your first invoice in seconds using Cmd+K or the AI copilot.
When Frihet is NOT for you
We're honest. Frihet isn't the best choice for every scenario.
You need built-in payment processing
Wave Payments lets you accept credit cards directly. Frihet integrates with Stripe and PayPal instead.
You need full double-entry bookkeeping
Wave has a more complete accounting module. Frihet focuses on invoicing, expenses, and business management.
More frequently asked questions
Is Frihet really free like Wave?
Yes. Frihet's free plan includes 10 invoices/month, expense OCR, AI copilot, and API access — with no ads. Wave offers unlimited invoices but with ads and no OCR.
Does Frihet have payment processing?
Frihet integrates with Stripe and PayPal for payment processing. You can add payment links to invoices for instant online payments.
Can freelancers use Frihet for US taxes?
Yes. Frihet supports USD invoicing, expense categorization for tax deductions, and multi-currency support for international clients.
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