Wave Went Paid. Here's a Free Alternative.
Wave was the go-to free invoicing tool for freelancers and small businesses — until H&R Block acquired it and moved bank imports and receipt scanning behind a $16/mo paywall. If you're looking for a replacement that keeps the essentials free and adds features Wave never had — like AI-powered invoice creation and automatic payment reminders — AI Invoice Maker has you covered. No signup required, and your first invoice takes under two minutes.
What's still free with us
- Unlimited invoice creation
- PDF download — always free
- 3 professional templates
- AI-powered invoice enhancement
- Multi-currency support (10 currencies)
- No signup, no account needed
What Wave doesn't have
- AI-powered invoice creation
- Send invoices via email directly to clients
- Automatic 5-step payment reminders
- View tracking — know when your client opens the invoice
- Auto receipts when an invoice is marked as paid
Side-by-side comparison
| Feature | Wave Free | Wave Pro $16/mo | AI Invoice Maker Free / $9/mo |
|---|---|---|---|
| Invoice creation | Yes | Yes | Yes + AI-powered |
| PDF download | Yes | Yes | Yes |
| Bank imports | No | Yes | No |
| Receipt scanning | No | Yes | No |
| Send invoice by email | No | No | Yes (Pro) |
| Auto payment reminders | No | No | 5-step sequence |
| View tracking | No | No | Yes |
| Auto receipts | No | No | Yes |
| Signup required | Yes | Yes | No |
$9/month
Pro plan — unlimited invoice sends, automatic 5-step payment reminders, view tracking, and auto receipts.
Free tier includes your first 3 sends. PDF download is always free, no account needed. Half the price of Wave Pro.
Create Your First Invoice — Free
No credit card. No signup. Your data stays on your device.