The app looks to be a mobile solution for people who need to create and catalog invoices while on the go, directly from one's iOS device. From the press release:
Wave, the creators of full small business financial tools at WaveApps.com, have launched the mobile Invoice by Wave app, their most powerful mobile application to date. Featuring one-tap activation of credit card processing, and no-fuss instant integration with Wave’s accounting tools, the app simplifies the entire process of getting paid for small businesses. Invoice by Wave launches today for iOS, with the Android version to follow. Wave’s New App Makes Mobile Invoicing and Accepting Credit Card Payments Faster and Easier Than Ever...
To get paid faster than ever, business owners can begin accepting credit cards with just one tap, compared to the piles of paperwork and weeks of waiting that make up an application for traditional merchant services.
Invoice by Wave also imparts critical information when it’s needed most. Designed to display quick snapshots of information to help business owners make decisions, the app notifies business owners when invoices are viewed, paid, or become overdue, and provides insights on income and expenses, invoices coming overdue, average days to payment and more!
Like everything Wave creates, Invoice by Wave is seamlessly integrated with Wave’s 100% free accounting software. Records are updated instantly across web and mobile platforms, saving business owners’ time and effort and ensuring accurate records with zero hassle.
Invoice by Wave is available for free on the App Store.