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

Wave

8.3 /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.

91 Likeliness to Recommend

1
Since last award

94 Plan to Renew

1
Since last award

91 Satisfaction of Cost Relative to Value


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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

92

Expense Management

92

General Ledger Chart of Accounts

91

Accounts Payable Purchase Orders

90

Reconciliation

88

Budgeting Forecasting

88

Integration APIs

88

Project Accounting

87

Cash Flow Management

87

Dashboards, Analytics and Reporting

84

Vendor Capability Ratings

Average 87

Ease of Customization

92

Ease of Implementation

91

Business Value Created

90

Ease of IT Administration

89

Usability and Intuitiveness

88

Availability and Quality of Training

86

Ease of Data Integration

86

Breadth of Features

86

Vendor Support

85

Quality of Features

84

Product Strategy and Rate of Improvement

82

Wave Reviews

Thomas B S.

  • Role: Information Technology
  • Industry: Retail
  • Involvement: Business Leader or Manager
Validated Review
Verified Reviewer

Submitted Sep 2024

Great accounting platform to get started on!

Likeliness to Recommend

8 /10

What differentiates Wave from other similar products?

Free starter program to get you hooked!

What is your favorite aspect of this product?

I love the expense tracking and reporting features

What do you dislike most about this product?

It takes a little getting used to when coming from another platform, but we've found everything we need so far. Integrations with 3rd party software solutions may be a little limited compared to some of the "big dogs" in the market.

What recommendations would you give to someone considering this product?

It's definitely worth adding to your short list of accounting platforms to check out!

Pros

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

Kota G.

  • Role: Student Academic
  • Industry: Technology
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Jan 2024

Accounting software

Likeliness to Recommend

9 /10

What is your favorite aspect of this product?

Wave accounting provide a monthly and annual financial reports and easy to download the report.

Pros

  • Reliable
  • Trustworthy
  • Unique Features
  • Efficient Service

Robert P.

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

Submitted Jan 2024

Makes my life easier for create and send invoices

Likeliness to Recommend

8 /10

What differentiates Wave from other similar products?

Other similar programs lacked some of the capabilities that Wave offers. Since I charge clients by the hour, I make heavy use of the billing tool. Provides easy-to-use setup to accept payments via bank transfer or credit card, automatically assigns sequential numbers to invoices, and keeps track of which have been paid and which have not. This feature is absent in many other simple business programs.

What is your favorite aspect of this product?

I use it sparingly due to my lack of extensive accounting needs, but it tracks income and expenses and integrates with its function. The feature that generates receipts to send upon receipt of payment is really attractive to me. The appearance of the invoices and receipts is very polished and expert.

What do you dislike most about this product?

My only recommendation for Wave would be to remember customer emails across all functions, so you don't have to type them every time you send a receipt. When it comes to collecting money, the fees are a bit high.

What recommendations would you give to someone considering this product?

Wave Instead of having to create invoices monthly and wait for checks to arrive in the mail, it streamlines my process. It's fantastic how easy it is to deliver invoices to clients. Not to mention how great it is for sending regular payments.

Pros

  • Enables Productivity
  • Efficient Service
  • Friendly Negotiation
  • Security Protects

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