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Wave

Wave

Composite Score
8.4 /10
CX Score
8.8 /10
Category
Wave
8.4 /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.

88 Likeliness to Recommend

1
Since last award

96 Plan to Renew

1
Since last award

88 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 87

Accounts Payable Purchase Orders

91

Expense Management

91

Cost Revenue Tracking

89

Accounts Receivable Invoicing

88

Reconciliation

88

Budgeting Forecasting

87

General Ledger Chart of Accounts

87

Cash Flow Management

86

Project Accounting

85

Integration APIs

84

Dashboards, Analytics and Reporting

83

Vendor Capability Ratings

Average 83

Ease of Implementation

89

Business Value Created

86

Ease of IT Administration

86

Ease of Customization

85

Usability and Intuitiveness

84

Ease of Data Integration

82

Availability and Quality of Training

82

Product Strategy and Rate of Improvement

82

Quality of Features

81

Vendor Support

80

Breadth of Features

79

Wave Reviews

Dave G.

  • Role: Information Technology
  • Industry: Technology
  • Involvement: IT Development, Integration, and Administration
Validated Review
Verified Reviewer

Submitted Sep 2020

Intuitive and user-friendly accounting solution.

Likeliness to Recommend

9 /10

What differentiates Wave from other similar products?

Wave is easy to use and to implement. It is filled with powerful features that are free and in addition, has unlimited accounting and invoicing. Wave focuses on user experience and is affordable for small businesses and entrepreneurs.

What is your favorite aspect of this product?

Creating invoices and customizing is easy using Wave. The system is intuitive and user-friendly for all users to adapt. It has tons of powerful features that are free like keeping track of expenses, managing bills, connect to our bank, fast payment process and payroll that fit all our needs.No other product can beat this.

What do you dislike most about this product?

Unfortunately, it is not suitable for companies with a large team as the cost of managing payroll can be expensive.

What recommendations would you give to someone considering this product?

I recommend entrepreneurs and small businesses to look into Wave for it is cost-effective and a complete accounting solution that will fit their needs.

Pros

  • Reliable
  • Unique Features
  • Efficient Service
  • Security Protects

Shivash M.

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

Submitted Sep 2020

Cost effective with a breadth of features

Likeliness to Recommend

8 /10

What differentiates Wave from other similar products?

Acces for multiple users and low to no costs for most services.

What is your favorite aspect of this product?

Easy to read dashboard.

What do you dislike most about this product?

No mobile app.

What recommendations would you give to someone considering this product?

If you are a starting business or consultant I would definitely recommend Waves as the product to choose. It's intuitive and has a breadth of features. There is no hassle like with quick-books and is very cost effective.(A lot of free features and only 20$ per month without the steep learning curve)

Pros

  • Reliable
  • Performance Enhancing
  • Enables Productivity
  • Helps Innovate

ANNE W.

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

Submitted Jun 2020

Cheapest Accounting Software

Likeliness to Recommend

8 /10

What differentiates Wave from other similar products?

It is one of the cheapest accounting softwares that i have come across.

What is your favorite aspect of this product?

The fact that its a cloud based software. Also the features are just so amazing and easy to use, reporting is amazing.

What do you dislike most about this product?

It does not have payroll feature for my country, unless of course i don't know how to go about with the settings.

What recommendations would you give to someone considering this product?

I would recommend the software to other people but also warn that the software will require thorough training for better understanding before use, since it is large and has so many accounting features.

Pros

  • Helps Innovate
  • Continually Improving Product
  • Inspires Innovation
  • Caring

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