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Wave

Wave

Composite Score
8.3 /10
CX Score
8.6 /10
Category
Wave
8.3 /10

What is Wave?

Wave makes it easy to be your own boss. Focus on what you love, and lean on Wave's intuitive online software to manage your financial and organizational needs. Wave Apps makes your money-related tasks easy with: • Unlimited invoicing, 100% free! • Unlimited accounting, 100% free!

Company Details


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Awards & Recognition

Wave won the following awards in the Accounting - Small Business category

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Wave Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on Wave.

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

90 Likeliness to Recommend

2
Since last award

94 Plan to Renew

1
Since last award

92 Satisfaction of Cost Relative to Value

1
Since last award


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Emotional Footprint Overview

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

+98 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love Wave?

0% Negative
0% Neutral
100% Positive

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing

Feature Ratings

Average 89

Cost Revenue Tracking

93

Accounts Receivable Invoicing

93

Expense Management

93

General Ledger Chart of Accounts

91

Accounts Payable Purchase Orders

91

Reconciliation

88

Budgeting Forecasting

88

Integration APIs

88

Project Accounting

88

Cash Flow Management

88

Dashboards, Analytics and Reporting

85

Vendor Capability Ratings

Average 87

Ease of Customization

92

Ease of Implementation

91

Ease of IT Administration

90

Business Value Created

89

Usability and Intuitiveness

88

Availability and Quality of Training

86

Vendor Support

86

Ease of Data Integration

86

Breadth of Features

85

Product Strategy and Rate of Improvement

84

Quality of Features

82

Wave Reviews

Carl W.

  • Role: Finance
  • Industry: Government
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted May 2021

The best and trustworthy QBO alternative: WAVE

Likeliness to Recommend

9 /10

What differentiates Wave from other similar products?

Only that it has a clean User Interface and is easy to use, no much difference from other accounting systems.

What is your favorite aspect of this product?

Automation of account payables and purchase orders. Creation of professional looking invoices. Cash flow management and project accounting.

What do you dislike most about this product?

Wave do not have robust invoicing abd accounting features, I barely use it. I usually use it wgen QuickBooks Online is down.

What recommendations would you give to someone considering this product?

They can implement it as QBO alternative since they share similar features.

Pros

  • Helps Innovate
  • Reliable
  • Performance Enhancing
  • Enables Productivity

Kelvin B.

  • Role: Public Sector
  • Industry: Food and Beverage
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted May 2021

Great tool for SMEs invoicing and accounting

Likeliness to Recommend

9 /10

What differentiates Wave from other similar products?

Wave Accounting is totally free, and cost for upgrading is pocket friendly. Other online Accounting tools are highly expensive.

What is your favorite aspect of this product?

I have been able to save a lot of time and expenses while handling accounting procedures such as AP and AR Automation.

What do you dislike most about this product?

I slightly dislike that Wave Accounting don't have global enterprise features.

What recommendations would you give to someone considering this product?

Consider the size of their organization so as to know if Wave Accounting will best suit their invoicing and accounting procedures.

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing

Christopher P.

  • Role: Finance
  • Industry: Finance
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted May 2021

My real testimony for Wave Accounting

Likeliness to Recommend

10 /10

What differentiates Wave from other similar products?

Wave Accounting is for ever free and subscriptions or upgrades are a bit cost effective.

What is your favorite aspect of this product?

Automating accounts, both Receivables and Payables. Tracking expenses and cash flow management.

What do you dislike most about this product?

I currently do not have anything that I dislike on my far end since Wave Accounting allocates everything i need.

What recommendations would you give to someone considering this product?

Yes, I would recommend Wave Accounting to all sorts of corporations that are looking to eradicate errors on financial procedures.

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing

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