What users are saying about
48 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener'>trScore algorithm: Learn more.</a>Score 8.3 out of 100
Based on 48 reviews and ratings
155 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener'>trScore algorithm: Learn more.</a>Score 6.8 out of 100
Based on 155 reviews and ratings
Feature Set Ratings
- Acumatica ranks higher in 7 feature sets: Payroll Management, Customization, Security, Reporting & Analytics, General Ledger and Configurable Accounting, Inventory Management, Order Management
Payroll Management
10.0
Acumatica
100%

6.6
Wave Accounting
66%
Acumatica ranks higher in 5/5 features
Acumatica ranks higher in 5/5 features
Pay calculation
10.0
100%
2 Ratings

7.2
72%
23 Ratings
Benefit plan administration
10.0
100%
2 Ratings

7.5
75%
4 Ratings
Direct deposit files
10.0
100%
2 Ratings

3.4
34%
20 Ratings
Salary revision and increment management
10.0
100%
2 Ratings

7.7
77%
12 Ratings
Reimbursement management
9.9
99%
3 Ratings

7.4
74%
8 Ratings
Customization
9.9
Acumatica
99%

8.4
Wave Accounting
84%
Acumatica ranks higher in 2/2 features
Acumatica ranks higher in 2/2 features
API for custom integration
9.9
99%
6 Ratings

9.7
97%
9 Ratings
Plug-ins
9.9
99%
5 Ratings

7.0
70%
11 Ratings
Security
9.8
Acumatica
98%

6.8
Wave Accounting
68%
Acumatica ranks higher in 2/2 features
Acumatica ranks higher in 2/2 features
Single sign-on capability
9.9
99%
6 Ratings

7.4
74%
29 Ratings
Role-based user permissions
9.7
97%
10 Ratings

6.1
61%
33 Ratings
Reporting & Analytics
9.2
Acumatica
92%

6.5
Wave Accounting
65%
Acumatica ranks higher in 3/3 features
Acumatica ranks higher in 3/3 features
Dashboards
9.3
93%
6 Ratings

5.8
58%
67 Ratings
Standard reports
8.9
89%
8 Ratings

5.7
57%
66 Ratings
Custom reports
9.5
95%
7 Ratings

8.1
81%
34 Ratings
General Ledger and Configurable Accounting
9.5
Acumatica
95%

5.4
Wave Accounting
54%
Acumatica ranks higher in 11/21 features
Acumatica ranks higher in 11/21 features
Accounts payable
9.3
93%
9 Ratings

5.7
57%
55 Ratings
Accounts receivable
9.2
92%
8 Ratings

5.9
59%
66 Ratings
Global Financial Support
9.9
99%
4 Ratings

9.0
90%
2 Ratings
Primary and Secondary Ledgers
9.4
94%
6 Ratings

7.0
70%
4 Ratings
Intercompany Accounting
9.9
99%
6 Ratings

4.2
42%
5 Ratings
Localizations
9.9
99%
5 Ratings

5.2
52%
3 Ratings
Journals and Reconciliations
9.4
94%
8 Ratings

5.6
56%
28 Ratings
Enterprise Accounting
9.2
92%
8 Ratings

4.0
40%
7 Ratings
Configurable Accounting
9.2
92%
7 Ratings

5.5
55%
16 Ratings
Centralized Rules Framework
9.5
95%
5 Ratings

1.0
10%
3 Ratings
Standardized Processes
9.6
96%
9 Ratings

4.7
47%
17 Ratings
Cash management
N/A
0 Ratings

5.6
56%
58 Ratings
Bank reconciliation
N/A
0 Ratings

5.0
50%
62 Ratings
Expense management
N/A
0 Ratings

6.8
68%
60 Ratings
Time tracking
N/A
0 Ratings

4.6
46%
10 Ratings
Fixed asset management
N/A
0 Ratings

4.1
41%
11 Ratings
Multi-currency support
N/A
0 Ratings

6.9
69%
18 Ratings
Multi-division support
N/A
0 Ratings

7.1
71%
9 Ratings
Regulations compliance
N/A
0 Ratings

6.8
68%
15 Ratings
Electronic tax filing
N/A
0 Ratings

5.9
59%
14 Ratings
Self-service portal
N/A
0 Ratings

3.3
33%
39 Ratings
Inventory Management
9.8
Acumatica
98%

8.1
Wave Accounting
81%
Acumatica ranks higher in 3/4 features
Acumatica ranks higher in 3/4 features
Inventory tracking
9.9
99%
7 Ratings

5.6
56%
8 Ratings
Automatic reordering
9.7
97%
6 Ratings

9.9
99%
5 Ratings
Location management
9.8
98%
7 Ratings

8.1
81%
2 Ratings
Manufacturing module
9.9
99%
5 Ratings

9.0
90%
1 Rating
Order Management
9.6
Acumatica
96%

7.2
Wave Accounting
72%
Acumatica ranks higher in 7/7 features
Acumatica ranks higher in 7/7 features
Pricing
9.5
95%
6 Ratings

9.3
93%
26 Ratings
Order entry
9.3
93%
6 Ratings

7.1
71%
17 Ratings
Credit card processing
9.4
94%
3 Ratings

4.7
47%
45 Ratings
Cost of goods sold
9.4
94%
7 Ratings

8.3
83%
32 Ratings
Order Orchestration
9.9
99%
3 Ratings

5.8
58%
5 Ratings
End-to-end order visibility
9.9
99%
4 Ratings

8.2
82%
4 Ratings
Order exception Resolution
10.0
100%
2 Ratings

7.0
70%
2 Ratings
Subledger and Financial Process
9.6
Acumatica
96%

Wave Accounting
Feature Set Not Supported
N/A
Acumatica ranks higher in 14/14 features
Acumatica ranks higher in 14/14 features
Automated Invoice Processing
9.6
96%
6 Ratings

N/A
0 Ratings
Shared Services Payments
9.4
94%
3 Ratings

N/A
0 Ratings
Billings Management
9.8
98%
5 Ratings

N/A
0 Ratings
Customer Receipt Applications
9.7
97%
4 Ratings

N/A
0 Ratings
Customer Collections
9.4
94%
4 Ratings

N/A
0 Ratings
Revenue Recognition
9.8
98%
5 Ratings

N/A
0 Ratings
Cash Management
9.7
97%
8 Ratings

N/A
0 Ratings
Asset Management
9.4
94%
4 Ratings

N/A
0 Ratings
Travel & Expense Management
9.3
93%
5 Ratings

N/A
0 Ratings
Budgetary Control & Encumbrance Accounting
9.6
96%
5 Ratings

N/A
0 Ratings
Period Close
9.6
96%
7 Ratings

N/A
0 Ratings
Transactions Tax
9.8
98%
6 Ratings

N/A
0 Ratings
Subledger Reconciliations
9.6
96%
4 Ratings

N/A
0 Ratings
3rd Party Accounting Systems
10.0
100%
2 Ratings

N/A
0 Ratings
Project Financial Management
9.9
Acumatica
99%

Wave Accounting
Feature Set Not Supported
N/A
Acumatica ranks higher in 12/12 features
Acumatica ranks higher in 12/12 features
Budgeting and Forecasting
9.5
95%
4 Ratings

N/A
0 Ratings
Project Costing
9.9
99%
3 Ratings

N/A
0 Ratings
Cost Capture
9.9
99%
3 Ratings

N/A
0 Ratings
Capital Project Management
10.0
100%
2 Ratings

N/A
0 Ratings
Customer Invoicing
10.0
100%
2 Ratings

N/A
0 Ratings
Customer Contract Compliance
10.0
100%
2 Ratings

N/A
0 Ratings
Project Revenue Recognition
9.9
99%
3 Ratings

N/A
0 Ratings
Project Financial Performance Analysis
9.9
99%
3 Ratings

N/A
0 Ratings
Project Financials Dashboard
10.0
100%
2 Ratings

N/A
0 Ratings
Real-time Financial Reporting
10.0
100%
2 Ratings

N/A
0 Ratings
Embedded Business Intelligence
10.0
100%
2 Ratings

N/A
0 Ratings
Project Planning Collaboration
10.0
100%
2 Ratings

N/A
0 Ratings
Project Execution Management
8.0
Acumatica
80%

Wave Accounting
Feature Set Not Supported
N/A
Acumatica ranks higher in 7/7 features
Acumatica ranks higher in 7/7 features
Project Planning and Scheduling
8.0
80%
1 Rating

N/A
0 Ratings
Project Manager Dashboard
8.0
80%
1 Rating

N/A
0 Ratings
Resource Manager Dashboard
8.0
80%
1 Rating

N/A
0 Ratings
Task Insight for Project Managers
8.0
80%
1 Rating

N/A
0 Ratings
Team Member Task Collaboration
7.0
70%
2 Ratings

N/A
0 Ratings
Talent Profiles
9.0
90%
1 Rating

N/A
0 Ratings
Real-Time Project Reporting
8.0
80%
1 Rating

N/A
0 Ratings
Grants Management
7.8
Acumatica
78%

Wave Accounting
Feature Set Not Supported
N/A
Acumatica ranks higher in 4/4 features
Acumatica ranks higher in 4/4 features
Award Lifecycle Management
7.0
70%
1 Rating

N/A
0 Ratings
Spending Control
8.0
80%
1 Rating

N/A
0 Ratings
Indirect Cost Management
8.0
80%
1 Rating

N/A
0 Ratings
Billing
8.0
80%
1 Rating

N/A
0 Ratings
Procurement
7.7
Acumatica
77%

Wave Accounting
Feature Set Not Supported
N/A
Acumatica ranks higher in 9/9 features
Acumatica ranks higher in 9/9 features
Sourcing Team Collaboration
6.3
63%
2 Ratings

N/A
0 Ratings
Sourcing Analysis
8.0
80%
1 Rating

N/A
0 Ratings
Bids Analyzed and Compared
8.0
80%
1 Rating

N/A
0 Ratings
Catalog Shopping E-Commerce for Employees
7.0
70%
1 Rating

N/A
0 Ratings
Invoice Automated Matching
7.0
70%
1 Rating

N/A
0 Ratings
Requisitions-to-Purchase Orders Integrated
9.0
90%
1 Rating

N/A
0 Ratings
Supplier Assessment
8.0
80%
1 Rating

N/A
0 Ratings
Supplier Management
9.0
90%
1 Rating

N/A
0 Ratings
Supplier Portal
7.0
70%
1 Rating

N/A
0 Ratings
Logistics
9.4
Acumatica
94%

Wave Accounting
Feature Set Not Supported
N/A
Acumatica ranks higher in 11/11 features
Acumatica ranks higher in 11/11 features
Transportation Planning and Optimization
10.0
100%
2 Ratings

N/A
0 Ratings
Transportation Sourcing Management
10.0
100%
2 Ratings

N/A
0 Ratings
Transportation Process Integration
10.0
100%
1 Rating

N/A
0 Ratings
Transportation Execution Management
10.0
100%
1 Rating

N/A
0 Ratings
Trade Management
8.0
80%
1 Rating

N/A
0 Ratings
Customs Entry Management
10.0
100%
2 Ratings

N/A
0 Ratings
Customs Document Management
10.0
100%
2 Ratings

N/A
0 Ratings
Customs Document Collaboration
10.0
100%
2 Ratings

N/A
0 Ratings
Fulfillment Management
8.0
80%
1 Rating

N/A
0 Ratings
Inventory Visibility
8.0
80%
1 Rating

N/A
0 Ratings
Warehouse Workforce Management
10.0
100%
1 Rating

N/A
0 Ratings
Manufacturing
9.8
Acumatica
98%

Wave Accounting
Feature Set Not Supported
N/A
Acumatica ranks higher in 9/9 features
Acumatica ranks higher in 9/9 features
Production Process Design
10.0
100%
2 Ratings

N/A
0 Ratings
Supply Chain Business Flows
9.9
99%
4 Ratings

N/A
0 Ratings
Production Management
9.8
98%
3 Ratings

N/A
0 Ratings
Contracted Manufacturing Management
9.9
99%
3 Ratings

N/A
0 Ratings
Configuration Management
9.9
99%
4 Ratings

N/A
0 Ratings
Work Definition
9.8
98%
2 Ratings

N/A
0 Ratings
Work Execution
9.8
98%
2 Ratings

N/A
0 Ratings
Advanced Fulfillment
9.7
97%
2 Ratings

N/A
0 Ratings
Manufacturing Costs
9.6
96%
3 Ratings

N/A
0 Ratings
Supply Chain
9.9
Acumatica
99%

Wave Accounting
Feature Set Not Supported
N/A
Acumatica ranks higher in 4/4 features
Acumatica ranks higher in 4/4 features
Forecasting
9.8
98%
3 Ratings

N/A
0 Ratings
Inventory Planning
9.8
98%
3 Ratings

N/A
0 Ratings
Multi-tier Supply Chain Planning
10.0
100%
2 Ratings

N/A
0 Ratings
Performance Monitoring
10.0
100%
1 Rating

N/A
0 Ratings
Product Lifecycle Management
9.0
Acumatica
90%

Wave Accounting
Feature Set Not Supported
N/A
Acumatica ranks higher in 6/6 features
Acumatica ranks higher in 6/6 features
Ideation Management
10.0
100%
1 Rating

N/A
0 Ratings
Requirements Management
10.0
100%
1 Rating

N/A
0 Ratings
Proposal Management
10.0
100%
2 Ratings

N/A
0 Ratings
Product Master Data Management
9.0
90%
1 Rating

N/A
0 Ratings
Vendor Portal
7.0
70%
1 Rating

N/A
0 Ratings
Project Portfolio Management
8.0
80%
1 Rating

N/A
0 Ratings
Attribute Ratings
- Acumatica is rated higher in 4 areas: Likelihood to Recommend, Likelihood to Renew, Usability, Support Rating
Likelihood to Recommend
8.2
Acumatica
82%
11 Ratings

5.2
Wave Accounting
52%
75 Ratings
Likelihood to Renew
9.0
Acumatica
90%
1 Rating

7.8
Wave Accounting
78%
3 Ratings
Usability
8.0
Acumatica
80%
1 Rating

6.5
Wave Accounting
65%
12 Ratings
Availability
Acumatica
N/A
0 Ratings

6.3
Wave Accounting
63%
8 Ratings
Performance
Acumatica
N/A
0 Ratings

2.9
Wave Accounting
29%
4 Ratings
Support Rating
10.0
Acumatica
100%
1 Rating

5.2
Wave Accounting
52%
10 Ratings
Online Training
Acumatica
N/A
0 Ratings

4.8
Wave Accounting
48%
3 Ratings
Product Scalability
Acumatica
N/A
0 Ratings

3.0
Wave Accounting
30%
2 Ratings
Likelihood to Recommend
Acumatica
Acumatica is great for mid to large size organizations that need a fully integrated solution and many modules. The software is very robust and they are always adding more features and functionality to the product. So as your business grows the product does too. It's not like other ERP solutions that I've worked with that rarely improve.
Member
DSD Business SystemsComputer Software, 11-50 employees
Wave Accounting
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.

Verified User
C-Level Executive in Marketing
Marketing & Advertising Company, 1-10 employeesPros
Acumatica
- Expense reporting - enabled by a smartphone, you can image receipts and create claims quickly
- Chart of accounts - being able to drill down in an expense category to see the individual claims that make up the total is helpful
- Reporting - I appreciate the ability to pull a standard report and export to Excel quickly and easily

Verified User
Program Manager in Product Management
Aviation & Aerospace Company, 201-500 employeesWave Accounting
- 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.
Treasurer
Chamber of CoommerceComputer Networking, 1-10 employees
Cons
Acumatica
- Email integration: Horribly clunky, requires users to share email password with Acumatica to allow use of outbound emails. Should be using a more secure method like access tokens.
- Expense approval process: Once expense claims are approved, approvers (depending on role) can no longer see the approved/denied claims. Denial of claims requires a manual email/call to submitter instructing them to correct and resubmit the claim.
- CRM: Allow for tracking of cases by the opportunity in addition to business accounts. This would allow for more accurate tracking of issues related to specific opportunities.

Verified User
Director in Other
Hospitality Company, 201-500 employeesWave Accounting
- 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.
Owner
EmberTribeMarketing and Advertising, 1-10 employees
Pricing Details
Acumatica
General
Free Trial
—Free/Freemium Version
—Premium Consulting/Integration Services
—Entry-level set up fee?
No
Starting Price
—Wave Accounting
General
Free Trial
—Free/Freemium Version
—Premium Consulting/Integration Services
—Entry-level set up fee?
No
Starting Price
—Likelihood to Renew
Acumatica
Acumatica 9.0
Based on 1 answer
It is very customisable and good value for money. It is also scalable for the future. The CRM and ecommerce integtration are the main downsides.
Finance Manager
Toffeln FootwearApparel & Fashion, 11-50 employees
Wave Accounting
Wave Accounting 7.8
Based on 3 answers
Easy to use for clients with no accounting background and the price is right.
President
AST Business Solutions Inc.Accounting, 1-10 employees
Usability
Acumatica
Acumatica 8.0
Based on 1 answer
1- Its interface [is] easy to understand. 2- [The] help center is very supportive.
ERP business consultant
2BRetail, 501-1000 employees
Wave Accounting
Wave Accounting 6.5
Based on 12 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
Owner
Melissa Whaley Tax and BookkeepingAccounting, 1-10 employees
Reliability and Availability
Acumatica
No score
No answers yet
No answers on this topic
Wave Accounting
Wave Accounting 6.3
Based on 8 answers
WAVE is always available when we need it ! Peter
Partner at Core Performance
CorelyticsAccounting, 1-10 employees
Performance
Acumatica
No score
No answers yet
No answers on this topic
Wave Accounting
Wave Accounting 2.9
Based on 4 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.
Owner
Melissa Whaley Tax and BookkeepingAccounting, 1-10 employees
Support Rating
Acumatica
Acumatica 10.0
Based on 1 answer
They support their customers with more tools like 1- Help center in every screen 2- Acumatica University [has] PDF books and videos 3- Contact with Acumatica team support through live chat, call, or create case
ERP business consultant
2BRetail, 501-1000 employees
Wave Accounting
Wave Accounting 5.2
Based on 10 answers
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

Verified User
Account Manager in Professional Services
Accounting Company, 51-200 employeesOnline Training
Acumatica
No score
No answers yet
No answers on this topic
Wave Accounting
Wave Accounting 4.8
Based on 3 answers
easy to use and east to train on ! Our WAVE clients enjoy the ease of use
Partner at Core Performance
CorelyticsAccounting, 1-10 employees
Alternatives Considered
Acumatica
Acumatica trumps over QuickBooks Enterprise Solutions in many ways. First, Acumatica being in the cloud has given us agility in accessing the platform anywhere and anytime. Second, the dashboard creation feature of Acumatica has given us the ability to customize each dashboard of each of our employees. Lastly, the CRM solution of Acumatica enables us to track, manage, and monitor our sales team.
Chief Corporate Development Officer
MFT Group of Companies Inc.Financial Services, 51-200 employees
Wave Accounting
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

Verified User
Consultant in Engineering
Mechanical or Industrial Engineering Company, 1-10 employeesScalability
Acumatica
No score
No answers yet
No answers on this topic
Wave Accounting
Wave Accounting 3.0
Based on 2 answers
Once they out grow what is ability to move up to a more robust system?
Account Manager
FileThis, Inc.Accounting, 1-10 employees
Return on Investment
Acumatica
- Acumatica provides us with real-time reports on our entire business process by connecting our sales, delivery of services/product, and up to collection. Given this, we couldn't quantify the value of seeing a clearer picture of our business, thus we are able to make timely and accurate decisions.
Chief Corporate Development Officer
MFT Group of Companies Inc.Financial Services, 51-200 employees
Wave Accounting
- 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.
Co-Founder
Solutions Through Innovative Technologies, Inc. (dba STI Technologies, Inc.)Performing Arts, 1-10 employees