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DocuSpending vs Wave
Wave built its reputation as free accounting software for tiny businesses, with receipt scanning thrown in. DocuSpending is purpose-built for receipt tracking — faster AI, better extraction, and an analyst that answers questions about your spending. If your only need is receipts, DocuSpending wins on focus.
| Feature | DocuSpending | Wave |
|---|---|---|
| Free tier | 5 receipts forever | Unlimited (basic) |
| AI extraction model | Gemini 2.5 Flash | Older OCR pipeline |
| AI spending analyst | Yes (Pro + AI) | No |
| Tax-ready CSV export | Unlimited on Pro+ | Limited |
| Multi-currency | Yes, automatic FX | Limited |
| Bank feed reconciliation | No | Yes (paid add-on) |
| Modern mobile UX | Yes (PWA) | App quality varies |
Choose DocuSpending if…
- You want fast, accurate AI extraction and a clean modern UX.
- You'd like to ask the AI questions about your spending.
- Your accountant just needs CSVs, not a full accounting feed.
Choose Wave if…
- You want truly unlimited free scanning and don't mind older OCR.
- You also need free invoicing and basic accounting in one place.