Manage by : Brian | Category : Accounting , | The score for this software has not changed over the past month.
Editors note – This review has been created by looking at 1208 datapoints and the opinions of actual users of the software and the company representative.
Wave as a FindrScore of 64 which is in the top quadrant in this segment.It’s also priced reasonably with the occasional promotions. Many users on our platform to express great satisfaction in the service provided overall. If you are not tech-savvy then you will be pleased to know Wave is fair easy to grasp.
Pros & Cons
6 Reasons to buy
Compared to others the price is reasonable
Offers free plan with multiple advanced features
Category leader in Accounting Software For Small Businesses
Best for Customer support
Best for Ease of use
Best for Low cost software
4 Reasons not to buy
Lack of features compared to other solution in this category
Electronic payments feature has been rated 100% below industry average
Automatic tax calculations feature has been rated 100% below industry average
Multi-currency feature has been rated 100% below industry average
Wave Pricing Overview
Freemium
Accounting software: $0, no setup fees, no hidden charges.
Receipt scanning: $0, no setup fees, no hidden charges
You can learn what they offer in each of the above packages by checking their pricing page: https://www.waveapps.com/pricing
$123.5
That is the average price for a solution in this field and Wave is on the lower end so price wise it’s a great offer.
low Mid High
After analyzing 4similar solutions the data above show that QuickBooks offers the lowesest starting price while FreshBooks offers the highest entry price.That being said is also worthtaking a closer look at whats on offer because sometimes you may get way more value for a solution with a higher entry price and vise versa
Key Features
When looking at a solution like Wave, users on our platform are wanting these top three
features Expense tracking,Timesheet management,Multi-currency.
Below you will find some of the top feature highlights of Wave ranked and rated by your peers.
Online invoicing
This information is based on what our users have shared with us, in some cases, the solution in question could update its feature list which may not reflect here immediately.
{{ Onlinexinvoicing.status}}
Electronic payments
This information is based on what our users have shared with us, in some cases, the solution in question could update its feature list which may not reflect here immediately.
{{ Electronicxpayments.status}}
Expense tracking
This information is based on what our users have shared with us, in some cases, the solution in question could update its feature list which may not reflect here immediately.
{{ Expensextracking.status}}
Accounting reports & taxes
This information is based on what our users have shared with us, in some cases, the solution in question could update its feature list which may not reflect here immediately.
{{ Accountingxreportsxxxtaxes.status}}
Automatic expense import
This information is based on what our users have shared with us, in some cases, the solution in question could update its feature list which may not reflect here immediately.
{{ Automaticxexpenseximport.status}}
Data import
This information is based on what our users have shared with us, in some cases, the solution in question could update its feature list which may not reflect here immediately.
{{ Dataximport.status}}
Credit card processing
This information is based on what our users have shared with us, in some cases, the solution in question could update its feature list which may not reflect here immediately.
{{ Creditxcardxprocessing.status}}
Request deposits
This information is based on what our users have shared with us, in some cases, the solution in question could update its feature list which may not reflect here immediately.
{{ Requestxdeposits.status}}
Apply discounts to invoices
This information is based on what our users have shared with us, in some cases, the solution in question could update its feature list which may not reflect here immediately.
{{ Applyxdiscountsxtoxinvoices.status}}
Automatic tax calculations
This information is based on what our users have shared with us, in some cases, the solution in question could update its feature list which may not reflect here immediately.
{{ Automaticxtaxxcalculations.status}}
Profit & Loss
This information is based on what our users have shared with us, in some cases, the solution in question could update its feature list which may not reflect here immediately.
{{ ProfitxxxLoss.status}}
Multi-currency
This information is based on what our users have shared with us, in some cases, the solution in question could update its feature list which may not reflect here immediately.
{{ Multixcurrency.status}}
Recurring billing
This information is based on what our users have shared with us, in some cases, the solution in question could update its feature list which may not reflect here immediately.
{{ Recurringxbilling.status}}
Cash Flow Statement
This information is based on what our users have shared with us, in some cases, the solution in question could update its feature list which may not reflect here immediately.
{{ CashxFlowxStatement.status}}
Account Reconciliation
This information is based on what our users have shared with us, in some cases, the solution in question could update its feature list which may not reflect here immediately.
{{ AccountxReconciliation.status}}
Does Wave offer Time tracking feature?
Does Wave offer Timesheet management feature?
Does Wave offer Late payment reminders feature?
Does Wave offer Mobile apps feature?
Does Wave offer Attach receipts (PDF or Image) feature?
Does Wave offer API feature?
Does Wave offer Customized invoices feature?
Does Wave offer Reminders & late fees feature?
Does Wave offer File sharing feature?
Does Wave offer Automated expense input feature?
Compare Wave to Similar Solutions
When evaluating Wave our users also give serious thoughts to these other solutions
The SoftwareFindr Radar compares all solutions on our platform in your chosen category and tries to segment them to give you a visual representation of the market. All the solutions are compared two-dimensionally which takes into
account their FindrScore which is given based on numerous data points and
research frequency. The average FindrScore for products like Wave is
0 which we’ve used as a threshold to only show the
top 10 solutions.
The SoftwareFindr Radar compares all solutions on our platform in your chosen category and tries to segment them to give you a visual representation of the market. All the solutions are compared two-dimensionally which takes into
account their FindrScore which is given based on numerous data points and
research frequency. The average FindrScore for products like Wave is
44 which we’ve used as a threshold to only show the
top 10 solutions.
Not quite satisfied with Wave? No worries, users who research this solution also look at
FreeAgent. The cheapest alternatives we found in our system are QuickBooks which users are having a positive experience with. For a detailed breakdown,
click here to see the best Wave alternatives.
Adaptation by Geography
Country
Usage
United States
50%
India
0%
United Kingdom
0%
Australia
0%
Brazil
0%
Canada
0%
Germany
0%
France
0%
Italy
0%
Indonesia
0%
Pakistan
0%
Poland
0%
Bangladesh
0%
Spain
0%
Netherlands
0%
After analyzing our data gathered on our platform Wave is popular in these countries United States
What Support Does This Vendor Offer?
Forum
40%
satisfaction rating which indicates that you will be in good company with Wave
Looking at data gathered on our platform the industry average for this category is
39.5 % satisfaction rate which means Wave is above this industry average
Wave is one of the leading free small business accounting solutions. It offers an excellent collection of features which makes it ideal for small business up to 10 members. Freelancers, consultants, and entrepreneurs can also use it. The app offers a great dashboard which makes it easy to access different section of the software. With Wave, you can efficiently manage the whole accounting process and eliminate the need to do manual work every step. It can be used to generate invoices, do tax management and much much more! The best part is that Wave solution is entirely free of cost.
Features
Income and expenditure tracking
Automated invoicing and billing
Online payment supported
Easy Invoice creation
Handles receipt
Tax management
Great dashboard
Great community
They offer support through their support page: https://support.waveapps.com/hc/en-us. They don’t seem to have dedicated support services. However, you can join their community for getting help from fellow users.
Ans. Users who have used Wave as reported that it’s fairly easy to grasp.
Q. How good is Wave in United States?
Ans.Out of all the users on our platform Wave as the highest adaptation rate in United States
Q. How much does Wave cost?
Ans. Free to use.
Q. What type of support can I expect with Wave?
Ans. The majority of users who are sharing their experience with us on Wave are experiencing a poor experience with the support offered through Forum.
Q. Are there any coupons for Wave?
Ans. There are no record on our system of Wave offering coupons historically
Q. Can I try Wave for free?
Ans. Yes there is a free trial available which should give you enough time to test out Wave to see if it’s the right fit for you.
Q. Is Wave the best Accounting Software For Small Business ?
Ans. Wave is ranked 3 on that list according to 66 users.
Q. Which is better Wave or QuickBooks?
Ans. This is a tricky question as it all depends on your needs, but Wave as a higher FindScore than QuickBooks which factors in many data points. Have a closer look to see why?
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