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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Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard
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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
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?
Pros
- Helps Innovate
- Continually Improving Product
- Reliable
- Performance Enhancing
How to read the Emotional Footprint
The Net Emotional Footprint measures high-level user sentiment towards particular product offerings. It aggregates emotional response ratings for various dimensions of the vendor-client relationship and product effectiveness, creating a powerful indicator of overall user feeling toward the vendor and product.
While purchasing decisions shouldn't be based on emotion, it's valuable to know what kind of emotional response the vendor you're considering elicits from their users.
Footprint
Negative
Neutral
Positive
Feature Ratings
Cost Revenue Tracking
Accounts Receivable Invoicing
Expense Management
General Ledger Chart of Accounts
Accounts Payable Purchase Orders
Reconciliation
Budgeting Forecasting
Integration APIs
Project Accounting
Cash Flow Management
Dashboards, Analytics and Reporting
Vendor Capability Ratings
Ease of Customization
Ease of Implementation
Ease of IT Administration
Business Value Created
Usability and Intuitiveness
Availability and Quality of Training
Vendor Support
Ease of Data Integration
Breadth of Features
Product Strategy and Rate of Improvement
Quality of Features
Wave Reviews
Carl G.
- Role: Consultant
- Industry: Education
- Involvement: Business Leader or Manager
Submitted Jan 2022
Easily integrated AP with great features for SmBz
Likeliness to Recommend
What differentiates Wave from other similar products?
Wave is a company that has been around for quite some time, they mimic Quickbooks in many ways but is owned by HR Block. I find the process of tracking invoices easy, and being a service based business, I don't have to worry about taxes and such, but they do have the ability to integrate that into your accounting. I like the features they've aded including managing payroll, banking and payment processing. I miss some features that were taken away this year such as the receipt processing app...made it super easy, hoping to see that return to the main app eventually.
What is your favorite aspect of this product?
The book keeping service! I work monthly with one of the Wave app team members reconciling my books and running reports. I pay monthly so I don't have to deal with a crunch at the end of the year. I find my reps to be personable, and available. In the three years they've done this for me, I've only had it swap out once, so the people working on your books are pretty consistent. I recommend this service for any business of one. I also like the payment processing.
What do you dislike most about this product?
Some of the book keeping aspects are a little confusing for me, but my background is in graphic design, not accounting or book keeping, hence why I get the help.
What recommendations would you give to someone considering this product?
Shop the market a bit, integrate this at the start of your fiscal year, don't leap into any new book keeping service in the middle of the year.
Pros
- Respectful
- Helps Innovate
- Continually Improving Product
- Reliable
Paul L.
- Role: C-Level
- Industry: Consulting
- Involvement: Business Leader or Manager
Submitted Nov 2021
Easy to use, great feature set
Likeliness to Recommend
What differentiates Wave from other similar products?
I started with Wave after creating my own company which I "ran" as an owner. Wearing multiple hats is expected with a new startup, but the ease of having Wave Accounting to deal with all aspects of the accounting and bookkeeping side was truly a significant differentiating factor. I have tried out a number of other products and found Wave Accounting to be easier to use, quicker to implement and more intuitive to use.
What is your favorite aspect of this product?
Not being an accountant or bookkeeper myself, I found that Wave Accounting very ably and easily took over these roles with a very easy learning curve (I implemented Wave Accounting myself)
What do you dislike most about this product?
Nothing. The only reason I stopped using it was that my business closed down.
What recommendations would you give to someone considering this product?
You need to give this product a try RIGHT NOW!
Pros
- Reliable
- Enables Productivity
- Trustworthy
- Saves Time
Karen L.
- Role: Operations
- Industry: Consulting
- Involvement: End User of Application
Submitted Nov 2021
Was free to use
Likeliness to Recommend
What differentiates Wave from other similar products?
It was free to use and for a small business had all of the features I need
What is your favorite aspect of this product?
Ease of use
What do you dislike most about this product?
No longer support UK businesses
What recommendations would you give to someone considering this product?
Match your requirements with the functionality
Pros
- Reliable
- Performance Enhancing
- Enables Productivity
- Unique Features
