What users are saying about
48 Ratings
155 Ratings
48 Ratings
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Score 8.3 out of 100
155 Ratings
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Score 6.8 out of 100

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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.
Nicole Ronchetti | TrustRadius Reviewer

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.
Anonymous | TrustRadius Reviewer

Pros

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
Anonymous | TrustRadius Reviewer

Wave 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.
Harry Abell | TrustRadius Reviewer

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.
Anonymous | TrustRadius Reviewer

Wave 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.
J.P. VanderLinden | TrustRadius Reviewer

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.
Justin Leflaive | TrustRadius Reviewer

Wave Accounting

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

Usability

Acumatica

Acumatica 8.0
Based on 1 answer
1- Its interface [is] easy to understand. 2- [The] help center is very supportive.
Mohga Mohamed | TrustRadius Reviewer

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
Melissa Whaley | TrustRadius Reviewer

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
Peter Cullen | TrustRadius Reviewer

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.
Melissa Whaley | TrustRadius Reviewer

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
Mohga Mohamed | TrustRadius Reviewer

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
Anonymous | TrustRadius Reviewer

Online 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
Peter Cullen | TrustRadius Reviewer

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.
Parker Ong | TrustRadius Reviewer

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
Anonymous | TrustRadius Reviewer

Scalability

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?
Penny Breslin | TrustRadius Reviewer

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.
Parker Ong | TrustRadius Reviewer

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.
Lukas Sundahl, MBA | TrustRadius Reviewer

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