What users are saying about

Accounting by Wave

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Top Rated
102 Ratings

Sage Intacct

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Top Rated
594 Ratings

Accounting by Wave

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Top Rated
102 Ratings
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Score 9.1 out of 101

Sage Intacct

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Top Rated
594 Ratings
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Score 7.7 out of 101

Add comparison

Likelihood to Recommend

Accounting by Wave

Wave is free to use, and they have some premium features you can pay for. For someone just starting out as a small business, freelancer or independent contractor, this is a Godsend. You can look professional, have something easy to manage, and yet also have excellent records come the end of the year. You won't spend a bunch of time having to learn the program, it's very intuitive and you get a host of great features that will make getting paid easy.
J.P. VanderLinden profile photo

Sage Intacct

Reporting is leaps and bounds above Quickbooks. Additionally, having the segregation of duties and being able to define what each user is able to access is incredibly helpful.
Brian Goldrick profile photo

Feature Rating Comparison

Payroll Management

Accounting by Wave
7.9
Sage Intacct
6.9
Pay calculation
Accounting by Wave
8.3
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
6.9

Customization

Accounting by Wave
9.0
Sage Intacct
7.8
API for custom integration
Accounting by Wave
8.9
Sage Intacct
7.9
Plug-ins
Accounting by Wave
9.1
Sage Intacct
7.6

Security

Accounting by Wave
8.6
Sage Intacct
7.6
Single sign-on capability
Accounting by Wave
9.1
Sage Intacct
6.9
Role-based user permissions
Accounting by Wave
8.1
Sage Intacct
8.4

Reporting & Analytics

Accounting by Wave
8.4
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
8.6
Sage Intacct
7.7
Accounts receivable
Accounting by Wave
9.2
Sage Intacct
6.5
Cash management
Accounting by Wave
8.0
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
6.3
Sage Intacct
6.3
Multi-currency support
Accounting by Wave
8.5
Sage Intacct
8.3
Multi-division support
Accounting by Wave
7.5
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
5.1
Self-service portal
Accounting by Wave
9.0
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
8.1
Sage Intacct
7.5
Enterprise Accounting
Accounting by Wave
8.7
Sage Intacct
7.7
Configurable Accounting
Accounting by Wave
8.5
Sage Intacct
7.9
Centralized Rules Framework
Accounting by Wave
9.0
Sage Intacct
7.4
Standardized Processes
Accounting by Wave
8.0
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
7.9
Sage Intacct
7.2
Pricing
Accounting by Wave
8.3
Sage Intacct
6.2
Order entry
Accounting by Wave
8.3
Sage Intacct
7.5
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
4.8
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
7.1
Client data roll-up capabilities
Accounting by Wave
8.0
Sage Intacct
7.1
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

  • Invoices are so easy to execute. Whether they are one-off or recurring, fixed or variable, single item or multiple line entries, they come out looking professional, polished and they get sent without any fuss. Put your client's info on them, add your logo, describe the services, add notes, set due dates, etc. all without cracking an abacus.
  • It's a little thing but I love how the estimates feature integrates with Invoices. You start by making an estimate for a client, with a defined expiry date. Once they accept, you can convert that estimate immediately into an Invoice and set it up to send.
  • Built-in payment processing is great. I don't have to worry about Paypal or Stripe or anything, Wave just handles my client's credit cards so I don't have to do a thing. They even have recurring billing for my retainer clients!
J.P. VanderLinden profile photo
  • Creating custom reports to track our revenue and spending the way we want to view it.
  • We are able to store scans of documents to help us on our way to becoming paperless.
Danielle Hungerink profile photo

Cons

  • The mobile experience leaves a lot to be desired. While I can use the receipt app to capture expenses, we live in a mobile digital world where I need to be able to create quotes and invoices on the spot and not back at my desk.
  • There are a few accounting and account related tools that could use some sharpening. For example, there isn't a good way to merge transactions - so when I snap a picture of a receipt and add it there is trouble reconciling against the bank. This shows up as two discrete transactions that cannot be merged - so one has to be manually deleted. It kind of defeats the purpose of scanning the receipts in entirely.
  • We've struggled with integrating debt accounts. For example, a shareholder may pay for something to get us by one day - how to we capture that as a debt owed? There isn't a way. The "shareholder debt" account doesn't talk to the rest of the system.
No photo available
  • The bank reconciliation feature is very outdated and cumbersome.
  • The report writer would be nice if it was a little more user-friendly.
Danielle Hungerink 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 Intacct8.6
Based on 54 answers
I have 25 years of accounting experience, I've used 10-plus different accounting programs, and implemented two. I have never used another software this user friendly and with such a flexible system for creating custom reports. My questions to Intacct have been about what's possible, not "why doesn't this work when it worked yesterday", or "how do I get this done". It's fairly intuitive and easy to figure out. There are a few features I was happy to have implementer help on, but I had almost no training before diving in
Eric Griffith 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 Intacct8.5
Based on 16 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 Intacct9.4
Based on 7 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 7 answers
Never ever have any problems.
Braam du Plooy profile photo

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 12 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 9 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 Intacct8.6
Based on 11 answers
They were very knowledgeable and helpful.
LISA NICHOLSON profile photo

Alternatives Considered

Each one of these cloud-based or desktop accounting services offer different pros and cons. It really comes down to the individual owner's wants and needs. While Wave is not going to be my first choice for a large, complex organization, it really shines when handling a one person shop who wants to keep track of their home and business finances in one place without all the complexity of traditional bookkeeping software. It's far less expensive than its competitors and has made constant strides to improve itself since day one. It also has a very friendly support staff who have a very fast response time.
Eric Matthews profile photo
Sage Intacct was a more comprehensive product than QBO, QBE or Xero and it was a more cost effective and flexible solution that the other larger systems we evaluated.
Laura Devlin 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 Intacct8.6
Based on 4 answers
We keep adding more specialized transaction processes with no problems
Braam du Plooy profile photo

Return on Investment

  • Vastly improved customer service
  • Fast turnaround
  • Reduced paper piles in office
Jeff Borschowa profile photo
  • It has had a positive impact on our overall business objectives by providing our clients with an amazing alternative to the go to accounting software in our region, QuickBooks Desktop and Online.
Jeffrey Schwarting 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