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.

92 Likeliness to Recommend

1
Since last award

93 Plan to Renew

91 Satisfaction of Cost Relative to Value


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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

93

Accounts Receivable Invoicing

92

Expense Management

92

General Ledger Chart of Accounts

91

Accounts Payable Purchase Orders

90

Budgeting Forecasting

88

Integration APIs

88

Reconciliation

88

Project Accounting

87

Cash Flow Management

87

Dashboards, Analytics and Reporting

85

Vendor Capability Ratings

Average 87

Ease of Customization

92

Ease of Implementation

90

Business Value Created

90

Ease of IT Administration

89

Usability and Intuitiveness

89

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

83

Wave Reviews

Bruce V.

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

Submitted Oct 2020

Affordable accounting tool

Likeliness to Recommend

9 /10

What differentiates Wave from other similar products?

Wave Accounting is completely free and have extensive set of robust features such as customizable sales taxes, ability to connect to payment gateways like Paypal, connection with bank accounts and many more that help simplify accounting process.

What is your favorite aspect of this product?

I like that Wave enables receiving of money online and the functionalities it offers are free with great value. It has simplified accounting process and invoicing. Usability and intuitiveness for end users is incredible. It is easy to use and its dashboards gives great insights of the performance of the business with option to connect to bank accounts or credit card.

What do you dislike most about this product?

The customer support is very poor and also the software is not fit for large organizations.

What recommendations would you give to someone considering this product?

Perfect accounting tool for freelancers and small business. Other products charge extra fee for features and functionalities that are free when using Wave. I highly recommend it.

Pros

  • Reliable
  • Unique Features
  • Efficient Service
  • Helps Innovate

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

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