What users are saying about

Accounting by Wave

Top Rated
96 Ratings

Sage Intacct

Top Rated
590 Ratings

Accounting by Wave

Top Rated
96 Ratings
Score 9 out of 101

Sage Intacct

Top Rated
590 Ratings
Score 7.8 out of 101

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Likelihood to Recommend

Accounting by Wave

I have recommended it to many small businesses because first off, it works. Setup and daily use it is easy. There is no cost outside of any payment transaction processing fees. You can probably find lower fees, but they are not out of line with other services.
No photo available

Sage Intacct

Reporting is definitely a strong suit with Sage Intacct. We can easily create reports that are not already created for us, and we can easily manipulate those reports to give us the exact data we need in any situation. We can also create recurring reports that we pull on a monthly/quarterly basis for financial closes and investor reporting
Dina Attyeh profile photo

Feature Rating Comparison

Payroll Management

Accounting by Wave
7.9
Sage Intacct
6.8
Pay calculation
Accounting by Wave
8.4
Sage Intacct
7.0
Benefit plan administration
Accounting by Wave
7.5
Sage Intacct
6.4
Direct deposit files
Accounting by Wave
8.0
Sage Intacct
7.1
Salary revision and increment management
Accounting by Wave
7.7
Sage Intacct
6.9
Reimbursement management
Accounting by Wave
8.0
Sage Intacct
6.8

Customization

Accounting by Wave
9.1
Sage Intacct
7.8
API for custom integration
Accounting by Wave
8.9
Sage Intacct
7.9
Plug-ins
Accounting by Wave
9.2
Sage Intacct
7.6

Security

Accounting by Wave
8.6
Sage Intacct
7.6
Single sign-on capability
Accounting by Wave
9.0
Sage Intacct
6.8
Role-based user permissions
Accounting by Wave
8.2
Sage Intacct
8.4

Reporting & Analytics

Accounting by Wave
8.5
Sage Intacct
7.3
Dashboards
Accounting by Wave
8.4
Sage Intacct
7.1
Standard reports
Accounting by Wave
8.3
Sage Intacct
7.9
Custom reports
Accounting by Wave
8.6
Sage Intacct
6.8

General Ledger and Configurable Accounting

Accounting by Wave
8.2
Sage Intacct
7.3
Accounts payable
Accounting by Wave
8.4
Sage Intacct
7.7
Accounts receivable
Accounting by Wave
9.1
Sage Intacct
6.5
Cash management
Accounting by Wave
8.1
Sage Intacct
7.7
Bank reconciliation
Accounting by Wave
7.8
Sage Intacct
8.0
Expense management
Accounting by Wave
8.5
Sage Intacct
6.3
Time tracking
Accounting by Wave
7.3
Sage Intacct
7.0
Fixed asset management
Accounting by Wave
5.2
Sage Intacct
6.3
Multi-currency support
Accounting by Wave
8.6
Sage Intacct
8.3
Multi-division support
Accounting by Wave
7.4
Sage Intacct
8.0
Regulations compliance
Accounting by Wave
7.3
Sage Intacct
7.2
Electronic tax filing
Accounting by Wave
6.0
Sage Intacct
5.0
Self-service portal
Accounting by Wave
9.1
Sage Intacct
7.0
Global Financial Support
Accounting by Wave
9.0
Sage Intacct
7.4
Primary and Secondary Ledgers
Accounting by Wave
9.3
Sage Intacct
Intercompany Accounting
Accounting by Wave
8.7
Sage Intacct
7.4
Localizations
Accounting by Wave
9.5
Sage Intacct
Journals and Reconciliations
Accounting by Wave
8.4
Sage Intacct
7.5
Enterprise Accounting
Accounting by Wave
8.7
Sage Intacct
7.7
Configurable Accounting
Accounting by Wave
8.7
Sage Intacct
7.9
Centralized Rules Framework
Accounting by Wave
9.0
Sage Intacct
7.4
Standardized Processes
Accounting by Wave
7.9
Sage Intacct
7.8

Inventory Management

Accounting by Wave
8.9
Sage Intacct
6.2
Inventory tracking
Accounting by Wave
9.5
Sage Intacct
6.3
Automatic reordering
Accounting by Wave
8.0
Sage Intacct
5.5
Location management
Accounting by Wave
9.0
Sage Intacct
7.9
Manufacturing module
Accounting by Wave
9.0
Sage Intacct
5.2

Order Management

Accounting by Wave
7.8
Sage Intacct
7.2
Pricing
Accounting by Wave
8.1
Sage Intacct
6.2
Order entry
Accounting by Wave
8.0
Sage Intacct
7.4
Credit card processing
Accounting by Wave
9.1
Sage Intacct
8.6
Cost of goods sold
Accounting by Wave
8.8
Sage Intacct
6.3
Order Orchestration
Accounting by Wave
8.0
Sage Intacct
End-to-end order visibility
Accounting by Wave
4.7
Sage Intacct
7.3
Order exception Resolution
Accounting by Wave
8.0
Sage Intacct

Accounting Firm BPO Features

Accounting by Wave
8.0
Sage Intacct
7.1
Branded client dashboards
Accounting by Wave
8.0
Sage Intacct
7.2
Client data roll-up capabilities
Accounting by Wave
8.0
Sage Intacct
7.2
Client data consolidation for benchmarking
Accounting by Wave
7.5
Sage Intacct
7.1
Configurable alerts
Accounting by Wave
8.0
Sage Intacct
8.2
Billing bypass
Accounting by Wave
8.0
Sage Intacct
7.0
Client template cloning
Accounting by Wave
8.0
Sage Intacct
7.1
Single sign-on
Accounting by Wave
9.0
Sage Intacct
7.1
Configurable client onboarding questions
Accounting by Wave
8.0
Sage Intacct
6.2
Cross-client workflow management
Accounting by Wave
8.0
Sage Intacct
6.2
Industry-specific versioning
Accounting by Wave
8.0
Sage Intacct
7.0
Legacy system data migration
Accounting by Wave
8.0
Sage Intacct
7.9

Pros

  • The ease of use with Wave makes it a great tool. Someone without much accounting experience can jump in and use the software.
  • The reports features in Wave make looking at financial statements a breeze. In addition you can quickly drill down into expense categories to see all transactions of a certain type.
  • It is very easy to generate a sales invoice and see the average period for our company to get paid.
  • I love the Wave Invoice app where we can track invoices on the go and verify payment history.
Lukas Sundahl, MBA profile photo
  • Reporting
  • Customer tracking
Dina Attyeh profile photo

Cons

  • connection to bank sometimes lags - you can refresh the connection but it takes a minute or two to update
  • sometimes invoices are categorized as sales versus consulting income - you really have to look and change it to the appropriate income account. once an invoice is recorded as paid, you can change the income account
  • Wave has a tendency of not accepting a saved password, forcing users to reset a password that is knowingly valid. Using Single Sign On eliminates this but it's still annoying.
Kristy Nittskoff profile photo
  • Load times are slow
  • Truncated account names. Unless you know all of the account numbers by heart you will not be able to see the whole name
  • Cannot reverse purchasing transaction from a voided check without making an AP adjustment
  • Cannot attach bank statements in new Beta UI version to bank reconciliations until after the bank statement is reconciled
Ashley Woodard profile photo

Likelihood to Renew

Accounting by Wave7.8
Based on 3 answers
Easy to use for clients with no accounting background and the price is right.
Jeanne Harris profile photo
Sage Intacct8.5
Based on 53 answers
I currently work for a public accounting firm now and don't use Intacct, but it is by far the best accounting I have seen.
John Sano profile photo

Usability

Accounting by Wave5.3
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
Sage Intacct8.3
Based on 15 answers
Ease of use and customization
Angela Foltz profile photo

Reliability and Availability

Accounting by Wave6.7
Based on 4 answers
WAVE is always available when we need it ! Peter
Peter Cullen profile photo
Sage Intacct9.6
Based on 6 answers
Happy with my timesheets processing. Dont use it for anything else although !Thank you
Priya Sadasivam profile photo

Performance

Accounting by Wave2.9
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
Sage Intacct9.2
Based on 6 answers
No answer on this topic is available.

Support

Accounting by Wave9.0
Based on 1 answer
If they had live chat service then I'd rate this a 10.
Matthew Gehrman profile photo
Sage Intacct8.9
Based on 11 answers
currently you must submit a ticket via the customer portal and then wait for a response. The time you must wait for the response varies based on the urgency of your request. Sometimes you just need a quick response and a phone call would be easier or even a live chat ~ would love to see them roll that out instead of having to wait when you have a question or issue.
Stephanie Beaulieu, EA profile photo

Online Training

Accounting by Wave4.7
Based on 3 answers
easy to use and east to train on ! Our WAVE clients enjoy the ease of use
Peter Cullen profile photo
Sage Intacct7.0
Based on 8 answers
The training is designed for implementing intacct as opposed to utilizing intacct. I think that both are necessary to learn, but wish there was continued training for using it once Intacct is in place for the users.
Stephanie Beaulieu, EA profile photo

Implementation

No score
No answers yet
No answers on this topic
Sage Intacct8.5
Based on 10 answers
They were very knowledgeable and helpful.
LISA NICHOLSON profile photo

Alternatives Considered

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
Sage Intacct is a program easier to use, and with better tools for the administration and accounting of resources. Select Sage Intacct because it is easier to use, understand and understand, because it offers better results reports and ideal dashboards for decision making. Provides more integrated work modules and easier to understand. It offers a more innovative and creative interface, which makes the results reports easier to understand and interpret.
JESUS EDUARDO MEZA RAMIREZ profile photo

Rating for Public Practice CPAs

Accounting by Wave8.0
Based on 8 answers
I rated the software an 7 due to its ease of use. It would be rated higher, but I consider this to be a niche product instead of a go to product for all clients. This is the software to use if you want an inexpensive entry level software for an owner managed business.
Randy O'Malley profile photo
Sage Intacct7.8
Based on 26 answers
The learning curve takes a little time, however, the workflow across managing all our clients is very beneficial.
Lin Jones profile photo

Scalability

Accounting by Wave3.0
Based on 2 answers
Once they out grow what is ability to move up to a more robust system?
Penny Breslin profile photo
Sage Intacct8.4
Based on 3 answers
No answer on this topic is available.

Return on Investment

  • Helps keep boring cash accounting more orderly and professional. I could use spreadsheets, but why?
  • Saves money over other options, with a nice UI.
Geri Lynn Peak profile photo
  • The application of Sage tools in the organization has reduced the occurrence of errors in the accounting of the company, a situation that has ensured that the actual performance data of the organization is obtained, and consequently the company can increase its clients and that way improve profitability and productivity indices.
  • The application of sage significantly reduced the expenses in logistics and mobilization, since now we are more efficient in the fulfillment of the activities of the organization.
  • The number of personnel was reduced, a situation that has favored the profits of the organization.
  • The efficiency in the administration and finance of the organization, has allowed the company to gain prestige and recognition, a situation that has increased the value of the actions of the organization.
JESUS EDUARDO MEZA RAMIREZ profile photo

Pricing Details

Accounting by Wave

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

Accounting by Wave More Information

Sage Intacct

General
Free Trial
Yes
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
Required
Additional Pricing Details

Sage Intacct More Information