Wave Logo Award Winner Product Badge
Wave Logo Award Winner Product Badge
Wave

Wave

8.3 /10
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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!

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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.

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

+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

83

Wave Reviews

Rachael W.

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

Submitted Feb 2022

Wave Accounting is great for a Solopreneur

Likeliness to Recommend

8 /10

What differentiates Wave from other similar products?

I used Wave for creating invoices, sending those invoices to clients and collecting payment.

What is your favorite aspect of this product?

I like being able to generate estimates, create invoices and collect payments. Wave is easy to set up, assists with accounting, and I can track outstanding invoices all in one place.

What do you dislike most about this product?

It is very disappointing that they have withdrawn their services from Europe and other countries outside the US and Canada.

What recommendations would you give to someone considering this product?

If you live in US and Canada, I highly recommend looking at Wave Accounting to create invoices and collect payments.

Pros

  • Efficient Service
  • Effective Service
  • Caring
  • Saves Time

Mark W.

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

Submitted Feb 2022

Business Accounting Made Easy With Wave Accounting

Likeliness to Recommend

9 /10

What differentiates Wave from other similar products?

With Wave Accounting, it becomes easy to manage business finances. It offers great features and let's you worry about other things as the software streamlines your financials

What is your favorite aspect of this product?

I like that Wave Accounting offers many accounting features. Learn how to use Wave Accounting is easy The software is affordable The software streamlines business accounting

What do you dislike most about this product?

Wave Accounting never disappoints

What recommendations would you give to someone considering this product?

For businesses accounting, there is only one software I can recommend Wave Accounting. I have used it for quite sometime and it has proved to be the best

Pros

  • Helps Innovate
  • Reliable
  • Unique Features
  • Inspires Innovation

Karrie B.

  • Role: C-Level
  • Industry: Other
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Jan 2022

So easy to use and keep your books accurate

Likeliness to Recommend

10 /10

What differentiates Wave from other similar products?

I have used Wave Accounting for over 6 years for myself and 3 other businesses. It is so easy to implement. I'm not an accounting person yet this is easy to understand and work within.

What is your favorite aspect of this product?

I love that I can create my invoices and send via email and my clients can pay online without interaction with me or I can create a payment link that is housed on my website. I love the new Wave Money that makes banking without fees seamless. Fabulous addition!

What do you dislike most about this product?

A recent update changed the way that expenses purchased are processed. It use to be very easy to upload and AI pulled some of the data and you reviewed and updated it. Now, it is a 2 step process and you have to enter all of the data manually unless it is coming from bank info.

What recommendations would you give to someone considering this product?

Wave Accounting is a fabulously easy accounting system that helps you keep your business organized. Reports are easy to run and all of your data is housed within the platform. The system is free until you need to process payroll or you use Wave as your payment gateway. Even then the rates are reasonable and in cases lower than many other products.

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Trustworthy

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