Wave Customer Reviews 2024 | SoftwareReviews

Wave

8.3 /10

48 Reviews Write a Review

Claim Software

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

Need Assistance?

We're here to help you with understanding our reports and the data inside to help you make decisions.

Get Assistance

Awards & Recognition

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

Filter By

2023 Data Quadrant Gold Medalist

Latest Award, 2023

11 Top Rated Capabilities

11 Top Rated Features

Latest Award, 2023

2023 Emotional Footprint Champion

2023

Strategy and Innovation
Service Experience
Product Impact
Contract Negotiation
Conflict Resolution

2023

2022 Data Quadrant Gold Medalist

2022

11 Top Rated Capabilities

11 Top Rated Features

2022

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.

92 Likeliness to Recommend

1
Since last award

93 Plan to Renew

91 Satisfaction of Cost Relative to Value

{y}

{name}

Emotional Footprint Overview

+97 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

Accounts Receivable Invoicing

Expense Management

General Ledger Chart of Accounts

Accounts Payable Purchase Orders

Budgeting Forecasting

Integration APIs

Reconciliation

Project Accounting

Cash Flow Management

Dashboards, Analytics and Reporting

Vendor Capability Ratings

Average 87

Ease of Customization

Ease of Implementation

Business Value Created

Ease of IT Administration

Usability and Intuitiveness

Availability and Quality of Training

Ease of Data Integration

Breadth of Features

Vendor Support

Quality of Features

Product Strategy and Rate of Improvement

Wave Reviews

Mercy A.

Role: Finance
Industry: Healthcare
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Mar 2021

A Substantive Application for Accounts

Likeliness to Recommend

9 /10

What differentiates Wave from other similar products?

Wave Accounting has a way of addressing daily transactions through efficiency in terms of filling general ledgers. Again, Wave Accounting helps in cost tracking role, which brings some accountability.

What is your favorite aspect of this product?

We have benefited with Wave Accounting through successful reconciliation. Furthermore, there is invoicing of the account receivables, helping in managing cash flows.

What do you dislike most about this product?

Wave Accounting has validated all its roles and features, making it a progressing tool to capital budgeting, financial accountability, and preparation of the financial reports.

What recommendations would you give to someone considering this product?

Wave Accounting makes accounting process efficiency, flawless, and every transaction recorded accordingly without favor or contraction. To enjoy some efficiency in accounting, Wave Accounting will accelerate business operations.

Pros

Helps Innovate
Continually Improving Product
Performance Enhancing
Enables Productivity

Katherine D.

Role: C-Level
Industry: Education
Involvement: Business Leader or Manager

Validated Review

Verified Reviewer

Submitted Mar 2021

User friendly and attractive, efficient

Likeliness to Recommend

10 /10

What differentiates Wave from other similar products?

Integrated platform, high quality technology and optics

What is your favorite aspect of this product?

The visual formatting of the website

What do you dislike most about this product?

Sometimes difficult to toggle credit card payments on and off. Have had some mix ups

What recommendations would you give to someone considering this product?

Get the app

Pros

Helps Innovate
Continually Improving Product
Reliable
Performance Enhancing

sylverline c.

Role: Finance
Industry: Finance
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Dec 2020

A very good software and good value for your money

Likeliness to Recommend

8 /10

What differentiates Wave from other similar products?

An affordable use friendly software and easy to master. No complicated process involved

What is your favorite aspect of this product?

Easy to understand and use

What do you dislike most about this product?

No been able to export directly to Exact Globe

What recommendations would you give to someone considering this product?

Go for it is want a reliable and affordable software

Pros

Helps Innovate
Continually Improving Product
Performance Enhancing
Unique Features

Wave

What is Wave?

Company Details

Need Assistance?

Awards & Recognition

2023 Data Quadrant Gold Medalist

2023 Emotional Footprint Champion

2022 Data Quadrant Gold Medalist

Wave Ratings

92 Likeliness to Recommend

1 Since last award

93 Plan to Renew

91 Satisfaction of Cost Relative to Value

Emotional Footprint Overview

+97 Net Emotional Footprint

How much do users love Wave?

Pros

Feature Ratings Average rating of all product features, some of which may not be shown below

Cost Revenue Tracking The process of recording, classifying, analyzing, summarizing, and allocating costs associated with a process

Accounts Receivable Invoicing Record of claims for payment for goods or services provided. Usually includes a customer invoicing capability

Expense Management Includes all aspects of expense forms design, completion, submission, limits and compliance, and reporting.

General Ledger Chart of Accounts The general ledger contains the organization’s accounts for recording assets, liabilities, revenue, and expenses.

Accounts Payable Purchase Orders Record of debts owing for an organization. Sometimes includes a purchase order capability

Budgeting Forecasting Functionality allowing users to create and maintain budgets and develop forecasts, “what-if” scenarios, etc

Integration APIs Ability of the software to interface with legacy and other third party applications.

Reconciliation Functionality that ensures that two sets of records (usually the balances of two accounts) are in agreement.

Project Accounting Ability to track, report and analyse financial results and implications at an individual project level

Cash Flow Management Includes income and expense tracking, as well as cash flow monitoring.

Dashboards, Analytics and Reporting Includes historical & real-time dashboard visualizations, detailed & summary reporting, forecasting & easy data extraction for data analysis.

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

Wave Reviews

Mercy A.

A Substantive Application for Accounts

Likeliness to Recommend

Pros

Katherine D.

User friendly and attractive, efficient

Likeliness to Recommend

Pros

sylverline c.

A very good software and good value for your money

Likeliness to Recommend

Pros

Most Popular Wave Comparisons

Quickbooks Online

Xero

Zoho Books

FreshBooks

TallyPrime

Sage Business Cloud Accounting

1
Since last award

Feature Ratings

Cost Revenue Tracking

Accounts Receivable Invoicing

Expense Management

General Ledger Chart of Accounts

Accounts Payable Purchase Orders

Budgeting Forecasting

Integration APIs

Reconciliation

Project Accounting

Cash Flow Management

Dashboards, Analytics and Reporting

Vendor Capability Ratings

Ease of Customization

Ease of Implementation

Business Value Created

Ease of IT Administration

Usability and Intuitiveness

Availability and Quality of Training

Ease of Data Integration

Breadth of Features

Vendor Support

Quality of Features

Product Strategy and Rate of Improvement