What users are saying about
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Top Rated
105 Ratings
8 Ratings

Accounting by Wave

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Top Rated
105 Ratings
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Score 9.1 out of 101
8 Ratings
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Score 8.3 out of 101

Likelihood to Recommend

Accounting by Wave

Wave is a great means to launch a business and run a low cost (free) accounting solution as you startup the gears on your own business. Wave is scalable and could work well with larger companies as you can provide a variety of access levels, and even give your accountant eyes into your books. I like that they also offer payroll and bookkeeping services at a cost, but I haven't used them yet. Wave's invoicing is easy to follow and offers great payment options for my client.
Carl Grivakis profile photo

Hubble

I like the real time aspect of the Hubble reporting. I can have checks run and then immediately go into Hubble and run a check backup report, import it to Excel and send off to people who need it right away. It's great to be able to have updated records at the touch of button.
No photo available

Feature Rating Comparison

Payroll Management

Accounting by Wave
7.9
Hubble
Pay calculation
Accounting by Wave
8.2
Hubble
Benefit plan administration
Accounting by Wave
7.5
Hubble
Direct deposit files
Accounting by Wave
8.0
Hubble
Salary revision and increment management
Accounting by Wave
7.7
Hubble
Reimbursement management
Accounting by Wave
8.0
Hubble

Customization

Accounting by Wave
8.8
Hubble
API for custom integration
Accounting by Wave
8.7
Hubble
Plug-ins
Accounting by Wave
8.8
Hubble

Security

Accounting by Wave
8.5
Hubble
Single sign-on capability
Accounting by Wave
9.1
Hubble
Role-based user permissions
Accounting by Wave
7.9
Hubble

Reporting & Analytics

Accounting by Wave
8.5
Hubble
Dashboards
Accounting by Wave
8.5
Hubble
Standard reports
Accounting by Wave
8.3
Hubble
Custom reports
Accounting by Wave
8.6
Hubble

General Ledger and Configurable Accounting

Accounting by Wave
8.3
Hubble
Accounts payable
Accounting by Wave
8.6
Hubble
Accounts receivable
Accounting by Wave
9.2
Hubble
Cash management
Accounting by Wave
8.1
Hubble
Bank reconciliation
Accounting by Wave
7.9
Hubble
Expense management
Accounting by Wave
8.6
Hubble
Time tracking
Accounting by Wave
7.5
Hubble
Fixed asset management
Accounting by Wave
6.8
Hubble
Multi-currency support
Accounting by Wave
8.3
Hubble
Multi-division support
Accounting by Wave
7.4
Hubble
Regulations compliance
Accounting by Wave
7.3
Hubble
Electronic tax filing
Accounting by Wave
6.0
Hubble
Self-service portal
Accounting by Wave
8.9
Hubble
Global Financial Support
Accounting by Wave
9.0
Hubble
Primary and Secondary Ledgers
Accounting by Wave
9.3
Hubble
Intercompany Accounting
Accounting by Wave
8.6
Hubble
Localizations
Accounting by Wave
9.5
Hubble
Journals and Reconciliations
Accounting by Wave
8.2
Hubble
Enterprise Accounting
Accounting by Wave
8.7
Hubble
Configurable Accounting
Accounting by Wave
8.7
Hubble
Centralized Rules Framework
Accounting by Wave
9.0
Hubble
Standardized Processes
Accounting by Wave
8.1
Hubble

Inventory Management

Accounting by Wave
8.9
Hubble
Inventory tracking
Accounting by Wave
9.5
Hubble
Automatic reordering
Accounting by Wave
8.0
Hubble
Location management
Accounting by Wave
9.0
Hubble
Manufacturing module
Accounting by Wave
9.0
Hubble

Order Management

Accounting by Wave
8.0
Hubble
Pricing
Accounting by Wave
8.3
Hubble
Order entry
Accounting by Wave
8.4
Hubble
Credit card processing
Accounting by Wave
9.1
Hubble
Cost of goods sold
Accounting by Wave
8.8
Hubble
Order Orchestration
Accounting by Wave
8.0
Hubble
End-to-end order visibility
Accounting by Wave
5.5
Hubble
Order exception Resolution
Accounting by Wave
8.0
Hubble

Accounting Firm BPO Features

Accounting by Wave
8.0
Hubble
Branded client dashboards
Accounting by Wave
8.0
Hubble
Client data roll-up capabilities
Accounting by Wave
8.0
Hubble
Client data consolidation for benchmarking
Accounting by Wave
7.5
Hubble
Configurable alerts
Accounting by Wave
8.0
Hubble
Billing bypass
Accounting by Wave
8.0
Hubble
Client template cloning
Accounting by Wave
8.0
Hubble
Single sign-on
Accounting by Wave
9.0
Hubble
Configurable client onboarding questions
Accounting by Wave
8.0
Hubble
Cross-client workflow management
Accounting by Wave
8.0
Hubble
Industry-specific versioning
Accounting by Wave
8.0
Hubble
Legacy system data migration
Accounting by Wave
8.0
Hubble

Budgeting, Planning, and Forecasting

Accounting by Wave
Hubble
8.5
Long-term financial planning
Accounting by Wave
Hubble
8.0
Financial budgeting
Accounting by Wave
Hubble
8.0
Forecasting
Accounting by Wave
Hubble
9.0
Management reporting
Accounting by Wave
Hubble
9.0

Consolidation and Close

Accounting by Wave
Hubble
8.6
Financial data consolidation
Accounting by Wave
Hubble
9.0
Journal entries and reports
Accounting by Wave
Hubble
8.0
Multi-currency management
Accounting by Wave
Hubble
8.2
Intercompany Eliminations
Accounting by Wave
Hubble
9.1
Local and consolidated reporting
Accounting by Wave
Hubble
8.2
Detailed Audit Trails
Accounting by Wave
Hubble
9.0

FInancial Reporting and Compliance

Accounting by Wave
Hubble
8.6
Financial Statement Reporting
Accounting by Wave
Hubble
8.0
Management Reporting
Accounting by Wave
Hubble
8.7
Excel-based Reporting
Accounting by Wave
Hubble
9.0

Analytics

Accounting by Wave
Hubble
9.0
Personalized dashboards
Accounting by Wave
Hubble
9.0

Integration

Accounting by Wave
Hubble
9.0
Excel data integration
Accounting by Wave
Hubble
9.9
Direct links to 3rd-party data sources
Accounting by Wave
Hubble
8.0

Pros

Accounting by Wave

  • Wave is a wonderful integrated solution offering invoicing, bookkeeping, and cash flow analysis along with bank integration that auto updates.
  • Wave is a payment solution provider with an industry standard rate of 2.9ish% for credit card transactions and provides a good analysis for me as to when I typically get paid.
  • Wave pulls common data for me in building a customized branded invoice, allowing me to make the invoice process faster by adding repeat customers and listing my graphic design services.
Carl Grivakis profile photo

Hubble

  • We run some check backup reports that can be imported in Excel.
  • Invoice reports that are imported into Excel.
  • Aging reports that are imported into Excel.
No photo available

Cons

Accounting by Wave

  • Wave is owned by ADP and integrates well, but I'm less of a fan of ADP these days, so I'll need to work out how it'll work out with alternate payroll providers.
  • The app for Wave has some great functions, but the website has much more complete integration, where you can 'skip' sending an invoice if you're just using it to track invoices for retainer-based clients.
  • The receipt tracking app is separate from the accounting app, and could possibly be integrated better.
Carl Grivakis profile photo

Hubble

  • Creating some reports can be tough.
  • When using reports, they can be slow sometimes.
  • Index builds can be cumbersome, if you are searching through many records.
No photo available

Likelihood to Renew

Accounting by Wave

Accounting by Wave 7.8
Based on 3 answers
Easy to use for clients with no accounting background and the price is right.
Jeanne Harris profile photo

Hubble

Hubble 9.1
Based on 1 answer
We have been using Hubble for almost 10 years and it has not let us down.
Greg Gall profile photo

Usability

Accounting by Wave

Accounting by Wave 5.3
Based on 4 answers
I am a professional bookkeeper and I have no problems using Wave and all of it's features. I can see that certain individuals who have no accounting knowledge might struggle with a few different features and entries, but that is why Wave has an emphasis in connecting users to Wave Pro's who will walk them through things
Melissa Whaley profile photo

Hubble

No score
No answers yet
No answers on this topic

Reliability and Availability

Accounting by Wave

Accounting by Wave 6.7
Based on 4 answers
WAVE is always available when we need it ! Peter
Peter Cullen profile photo

Hubble

No score
No answers yet
No answers on this topic

Performance

Accounting by Wave

Accounting by Wave 2.9
Based on 2 answers
Wave does tend to slow down when filtering your transactions screen especially by date. This is more of an issue when trying to trouble shoot certain transactions or clean-up a set of books.
Melissa Whaley profile photo

Hubble

No score
No answers yet
No answers on this topic

Support

Accounting by Wave

Accounting by Wave 9.0
Based on 1 answer
If they had live chat service then I'd rate this a 10.
Matthew Gehrman profile photo

Hubble

No score
No answers yet
No answers on this topic

Online Training

Accounting by Wave

Accounting by Wave 4.7
Based on 3 answers
easy to use and east to train on ! Our WAVE clients enjoy the ease of use
Peter Cullen profile photo

Hubble

No score
No answers yet
No answers on this topic

Alternatives Considered

Accounting by Wave

Wave is better in being my one place to go for collecting payments. PayPal is nice if you're on the road collecting payments through their app and using PayPal Here, but if you would like to keep invoicing in the same place as your bookkeeping, I think Wave is a better-integrated solution.
Carl Grivakis profile photo

Hubble

I haven't used any other tools like Hubble.
No photo available

Scalability

Accounting by Wave

Accounting by Wave 3.0
Based on 2 answers
Once they out grow what is ability to move up to a more robust system?
Penny Breslin profile photo

Hubble

No score
No answers yet
No answers on this topic

Return on Investment

Accounting by Wave

  • Keeps me up to date for taxing purposes
Torrey Holman profile photo

Hubble

  • Easy access to real time invoice counts.
  • Easy importing into Excel.
  • Sharing of reports with other users.
No photo available

Pricing Details

Accounting by Wave

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No
Additional Pricing Details

Hubble

General

Free Trial
Yes
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No
Additional Pricing Details

Add comparison