What users are saying about
32 Ratings
161 Ratings
32 Ratings
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Score 9.1 out of 100
161 Ratings
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Score 6.8 out of 100

Feature Set Ratings

  • Accounting Seed ranks higher in 7 feature sets: Payroll Management, Customization, Security, Reporting & Analytics, General Ledger and Configurable Accounting, Inventory Management, Order Management

Payroll Management

9.1

Accounting Seed

91%
6.4

Wave Accounting

64%
Accounting Seed ranks higher in 5/5 features

Pay calculation

8.5
85%
2 Ratings
7.1
71%
23 Ratings

Benefit plan administration

8.9
89%
2 Ratings
7.5
75%
4 Ratings

Direct deposit files

9.5
95%
2 Ratings
2.2
22%
20 Ratings

Salary revision and increment management

9.0
90%
2 Ratings
7.7
77%
12 Ratings

Reimbursement management

9.5
95%
2 Ratings
7.4
74%
8 Ratings

Customization

9.6

Accounting Seed

96%
8.4

Wave Accounting

84%
Accounting Seed ranks higher in 1/2 features

API for custom integration

9.6
96%
4 Ratings
9.9
99%
9 Ratings

Plug-ins

9.6
96%
3 Ratings
7.0
70%
11 Ratings

Security

9.6

Accounting Seed

96%
6.4

Wave Accounting

64%
Accounting Seed ranks higher in 2/2 features

Single sign-on capability

9.6
96%
4 Ratings
7.2
72%
29 Ratings

Role-based user permissions

9.6
96%
4 Ratings
5.6
56%
33 Ratings

Reporting & Analytics

8.7

Accounting Seed

87%
6.3

Wave Accounting

63%
Accounting Seed ranks higher in 3/3 features

Dashboards

9.5
95%
5 Ratings
5.6
56%
67 Ratings

Standard reports

8.3
83%
6 Ratings
5.6
56%
66 Ratings

Custom reports

8.5
85%
6 Ratings
7.8
78%
34 Ratings

General Ledger and Configurable Accounting

9.1

Accounting Seed

91%
5.3

Wave Accounting

53%
Accounting Seed ranks higher in 21/21 features

Accounts payable

9.4
94%
6 Ratings
5.5
55%
55 Ratings

Accounts receivable

9.5
95%
4 Ratings
5.7
57%
66 Ratings

Cash management

9.6
96%
5 Ratings
5.4
54%
58 Ratings

Bank reconciliation

9.0
90%
6 Ratings
5.1
51%
62 Ratings

Expense management

9.6
96%
5 Ratings
6.7
67%
60 Ratings

Time tracking

9.5
95%
2 Ratings
4.4
44%
10 Ratings

Fixed asset management

9.5
95%
3 Ratings
4.1
41%
11 Ratings

Multi-currency support

8.1
81%
3 Ratings
6.9
69%
18 Ratings

Multi-division support

8.9
89%
4 Ratings
7.1
71%
9 Ratings

Regulations compliance

8.0
80%
3 Ratings
6.8
68%
15 Ratings

Electronic tax filing

8.9
89%
2 Ratings
5.9
59%
14 Ratings

Self-service portal

9.5
95%
3 Ratings
2.9
29%
39 Ratings

Global Financial Support

10.0
100%
3 Ratings
9.0
90%
2 Ratings

Primary and Secondary Ledgers

9.2
92%
4 Ratings
7.0
70%
4 Ratings

Intercompany Accounting

9.3
93%
4 Ratings
4.0
40%
5 Ratings

Localizations

10.0
100%
3 Ratings
5.2
52%
3 Ratings

Journals and Reconciliations

9.6
96%
6 Ratings
5.6
56%
28 Ratings

Enterprise Accounting

7.0
70%
4 Ratings
4.0
40%
7 Ratings

Configurable Accounting

8.9
89%
5 Ratings
5.5
55%
16 Ratings

Centralized Rules Framework

9.3
93%
3 Ratings
1.0
10%
3 Ratings

Standardized Processes

9.3
93%
4 Ratings
4.5
45%
17 Ratings

Inventory Management

9.0

Accounting Seed

90%
8.1

Wave Accounting

81%
Accounting Seed ranks higher in 2/4 features

Inventory tracking

9.5
95%
2 Ratings
5.6
56%
8 Ratings

Automatic reordering

9.5
95%
2 Ratings
9.9
99%
5 Ratings

Location management

9.5
95%
2 Ratings
8.1
81%
2 Ratings

Manufacturing module

7.4
74%
2 Ratings
9.0
90%
1 Rating

Order Management

9.4

Accounting Seed

94%
7.2

Wave Accounting

72%
Accounting Seed ranks higher in 5/7 features

Pricing

9.5
95%
2 Ratings
9.7
97%
26 Ratings

Order entry

10.0
100%
2 Ratings
7.1
71%
17 Ratings

Credit card processing

10.0
100%
2 Ratings
4.2
42%
45 Ratings

Cost of goods sold

10.0
100%
2 Ratings
8.4
84%
32 Ratings

Order Orchestration

9.5
95%
2 Ratings
5.8
58%
5 Ratings

End-to-end order visibility

7.4
74%
2 Ratings
8.2
82%
4 Ratings

Order exception Resolution

9.5
95%
2 Ratings
7.0
70%
2 Ratings

Attribute Ratings

  • Accounting Seed is rated higher in 3 areas: Likelihood to Recommend, Usability, Support Rating

Likelihood to Recommend

8.8

Accounting Seed

88%
6 Ratings
4.5

Wave Accounting

45%
76 Ratings

Likelihood to Renew

Accounting Seed

N/A
0 Ratings
7.8

Wave Accounting

78%
3 Ratings

Usability

8.9

Accounting Seed

89%
3 Ratings
6.1

Wave Accounting

61%
13 Ratings

Availability

Accounting Seed

N/A
0 Ratings
6.3

Wave Accounting

63%
8 Ratings

Performance

Accounting Seed

N/A
0 Ratings
2.9

Wave Accounting

29%
4 Ratings

Support Rating

8.5

Accounting Seed

85%
3 Ratings
4.9

Wave Accounting

49%
11 Ratings

Online Training

Accounting Seed

N/A
0 Ratings
4.7

Wave Accounting

47%
3 Ratings

Product Scalability

Accounting Seed

N/A
0 Ratings
3.0

Wave Accounting

30%
2 Ratings

Likelihood to Recommend

Accounting Seed

I wouldn’t recommend Accounting Seed to enterprise companies. However, Accounting Seed is the best cloud accounting tool for small and medium-sized companies that are yearning to automate accounts payable and receivable, inventory management, and invoice customization in one integrated platform.
Read full review

Wave

Wave Accounting was used for a small practice without a lot of the accounting considerations a large company would have. For the price, you really can't beat what Wave offers out of the box. All of the basic tools for things like invoicing and expenses are all easy to use. End of year accounting is easy with exports of data.
Read full review

Pros

Accounting Seed

  • Accounting Seed is an affordable accounting solution
  • It offers many features making it an ideal accounting solution for business
  • The software integrates well with Salesforce
  • The software comes with a friendly User Interface
Read full review

Wave

  • Reconciliation is very difficult with multiple Wave transactions that need to be deleted or merged before it can be matched to a bank transaction.
  • Payroll worked fine for us but took several days to get it set up. We have switched to another bookkeeping system and another payroll system. Canceling with Wave took several days and they charge $6 for something even though the month was paid for in advance.
  • Credit card processing is nice and worked fine for us.
Read full review

Cons

Accounting Seed

  • Custom reporting seems cumbersome, but it could just be that we need better instructions, more examples, maybe some more canned reports. My company needs the ability to compare multiple years, and more than one budget in a report - we start with an approved board budget and then we reproject each quarter.
  • Non profits need to print financials by restriction level - this has also been very awkward - all the data is there but I have to piece it together in an excel spreadsheet every time I want it.
  • In general, the materials needed for non profits is not as accessible as it could be.
Read full review

Wave

  • I know that credit card processing is a way for Wave to make money, but I really wish they offered ACH payment on Invoices.
  • I do cash-based accounting, which means I have to make little journal entries at the start and end of each year to get my books to balance because Wave wants to do everything differently. This should just be a setting to flip, whether you want cash-based or accrual-based.
  • They use Yodlee for bank connection, which doesn't play nice with 2FA. Pretty much every time I log in I have to re-enter credentials, get a code sent to me, reauthenticate, and know that I'm going to have to do it again next week. Not really on Wave, but wish they could get it together nonetheless.
Read full review

Pricing Details

Accounting Seed

Starting Price

Editions & Modules

Accounting Seed editions and modules pricing
EditionModules

Footnotes

    Offerings

    Free Trial
    Free/Freemium Version
    Premium Consulting/Integration Services

    Entry-level set up fee?

    No setup fee

    Additional Details

    Pricing starts at $3,960/year.

    Wave Accounting

    Starting Price

    Editions & Modules

    Wave Accounting editions and modules pricing
    EditionModules

    Footnotes

      Offerings

      Free Trial
      Free/Freemium Version
      Premium Consulting/Integration Services

      Entry-level set up fee?

      No setup fee

      Additional Details

      Likelihood to Renew

      Accounting Seed

      No answers on this topic

      Wave

      Easy to use for clients with no accounting background and the price is right.
      Read full review

      Usability

      Accounting Seed

      It always works well. We've never had programming issues. Never. It is easy to customize. The system can grow with you as your business grows and changes. Being cloud-based you can work from anywhere. It is intuitive. You have all the features of Salesforce, like workflows, that work perfectly in Accounting Seed. Having that full integration with Salesforce allows you to see all our data in one platform
      Read full review

      Wave

      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
      Read full review

      Reliability and Availability

      Accounting Seed

      No answers on this topic

      Wave

      WAVE is always available when we need it ! Peter
      Read full review

      Performance

      Accounting Seed

      No answers on this topic

      Wave

      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.
      Read full review

      Support Rating

      Accounting Seed

      We seldom have had to use their support but when we have, they have been responsive and actually were able to answer our questions in a simple, nontech language. You don't have to be a programmer to talk to them!
      Read full review

      Wave

      I never had to call Wave Support as we barely experienced any support-related problems on our side. However, I do know a few people that complained about Wave support. It would be nice as well, though if they could have more in your face tutorials for new users or how-to videos should we struggle to do something
      Read full review

      Online Training

      Accounting Seed

      No answers on this topic

      Wave

      easy to use and east to train on ! Our WAVE clients enjoy the ease of use
      Read full review

      Alternatives Considered

      Accounting Seed

      Honestly, Accounting Seed was the only one I focused on when looking to switch from our existing program. It showed in the partner app store and stated it was created native to SalesForce. As I read through it's capabilities, cost, etc., I knew it was the right choice.
      Read full review

      Wave

      Wave is FREE for most functions. Payment processing costs no matter where you go (as does payroll or taxes). Wave rises above tools like QuickBooks Online because they know that for our small firm, being nimble is the name of the game. We don't need exhaustive reporting and management like QB offers and we certainly don't want to pay for it
      Read full review

      Scalability

      Accounting Seed

      No answers on this topic

      Wave

      Once they out grow what is ability to move up to a more robust system?
      Read full review

      Return on Investment

      Accounting Seed

      • Business users save time sending payments to suppliers and reimbursing employees since it is just by one click.
      • The three-way POS match ensures that figures match on orders and invoices before paying suppliers.
      • Capturing data on reports that are not submitted, approval times, and policy exceptions.
      • Expense management and time tracking enable us to view the exact time taken to complete projects and the exact amount that should be paid.
      Read full review

      Wave

      • Wave has been ROI positive for our company. With not having to pay for the service we can use our money for growing our business.
      • The fees on credit card transactions for invoices are reasonable especially as we don't pay a monthly subscription.
      • The invoicing feature has made our lives easier for us and our customers. The invoicing piece and AR tracking has been ROI positive as well.
      Read full review

      Screenshots

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