What users are saying about
24 Ratings
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Top Rated
123 Ratings
24 Ratings
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Score 8.5 out of 100

Wave Accounting

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Top Rated
123 Ratings
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Score 7.9 out of 100

Likelihood to Recommend

Acumatica

We work with clients from various fields and have not yet encountered cases where Acumatica is not suitable. It can be customized for any business. Some business-process a harder for customization but basically, everything is solvable.
Anonymous | TrustRadius Reviewer

Wave Accounting

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 | TrustRadius Reviewer

Feature Rating Comparison

Payroll Management

Acumatica
9.3
Wave Accounting
8.1
Pay calculation
Acumatica
9.2
Wave Accounting
8.6
Benefit plan administration
Acumatica
9.2
Wave Accounting
7.5
Direct deposit files
Acumatica
9.5
Wave Accounting
8.8
Salary revision and increment management
Acumatica
9.5
Wave Accounting
7.7
Reimbursement management
Acumatica
8.9
Wave Accounting
7.9

Customization

Acumatica
8.7
Wave Accounting
7.5
API for custom integration
Acumatica
8.8
Wave Accounting
7.7
Plug-ins
Acumatica
8.6
Wave Accounting
7.3

Security

Acumatica
9.1
Wave Accounting
8.5
Single sign-on capability
Acumatica
9.3
Wave Accounting
8.2
Role-based user permissions
Acumatica
9.0
Wave Accounting
8.8

Reporting & Analytics

Acumatica
7.9
Wave Accounting
8.3
Dashboards
Acumatica
8.2
Wave Accounting
8.3
Standard reports
Acumatica
7.3
Wave Accounting
8.5
Custom reports
Acumatica
8.2
Wave Accounting
8.0

General Ledger and Configurable Accounting

Acumatica
8.7
Wave Accounting
7.3
Accounts payable
Acumatica
8.6
Wave Accounting
7.3
Accounts receivable
Acumatica
8.2
Wave Accounting
8.0
Global Financial Support
Acumatica
9.1
Wave Accounting
9.0
Primary and Secondary Ledgers
Acumatica
8.5
Wave Accounting
9.0
Intercompany Accounting
Acumatica
8.9
Wave Accounting
8.1
Localizations
Acumatica
9.1
Wave Accounting
6.0
Journals and Reconciliations
Acumatica
8.6
Wave Accounting
6.9
Enterprise Accounting
Acumatica
8.5
Wave Accounting
5.8
Configurable Accounting
Acumatica
8.7
Wave Accounting
6.4
Centralized Rules Framework
Acumatica
8.6
Wave Accounting
8.2
Standardized Processes
Acumatica
8.6
Wave Accounting
9.2
Cash management
Acumatica
Wave Accounting
7.5
Bank reconciliation
Acumatica
Wave Accounting
7.7
Expense management
Acumatica
Wave Accounting
8.0
Time tracking
Acumatica
Wave Accounting
4.0
Fixed asset management
Acumatica
Wave Accounting
8.4
Multi-currency support
Acumatica
Wave Accounting
7.0
Multi-division support
Acumatica
Wave Accounting
7.1
Regulations compliance
Acumatica
Wave Accounting
6.6
Electronic tax filing
Acumatica
Wave Accounting
6.9
Self-service portal
Acumatica
Wave Accounting
6.8

Inventory Management

Acumatica
9.3
Wave Accounting
8.1
Inventory tracking
Acumatica
9.4
Wave Accounting
5.4
Automatic reordering
Acumatica
9.0
Wave Accounting
9.7
Location management
Acumatica
9.4
Wave Accounting
8.2
Manufacturing module
Acumatica
9.2
Wave Accounting
9.0

Order Management

Acumatica
8.7
Wave Accounting
7.7
Pricing
Acumatica
8.5
Wave Accounting
7.8
Order entry
Acumatica
8.3
Wave Accounting
8.0
Credit card processing
Acumatica
8.5
Wave Accounting
8.1
Cost of goods sold
Acumatica
8.5
Wave Accounting
7.5
Order Orchestration
Acumatica
8.9
Wave Accounting
6.6
End-to-end order visibility
Acumatica
8.9
Wave Accounting
8.8
Order exception Resolution
Acumatica
9.5
Wave Accounting
7.2

Subledger and Financial Process

Acumatica
8.7
Wave Accounting
Automated Invoice Processing
Acumatica
8.5
Wave Accounting
Shared Services Payments
Acumatica
8.6
Wave Accounting
Billings Management
Acumatica
8.9
Wave Accounting
Customer Receipt Applications
Acumatica
8.9
Wave Accounting
Customer Collections
Acumatica
8.5
Wave Accounting
Revenue Recognition
Acumatica
9.1
Wave Accounting
Cash Management
Acumatica
8.7
Wave Accounting
Asset Management
Acumatica
8.5
Wave Accounting
Travel & Expense Management
Acumatica
8.4
Wave Accounting
Budgetary Control & Encumbrance Accounting
Acumatica
8.7
Wave Accounting
Period Close
Acumatica
8.7
Wave Accounting
Transactions Tax
Acumatica
8.8
Wave Accounting
Subledger Reconciliations
Acumatica
8.7
Wave Accounting
3rd Party Accounting Systems
Acumatica
9.2
Wave Accounting

Project Financial Management

Acumatica
9.2
Wave Accounting
Budgeting and Forecasting
Acumatica
7.7
Wave Accounting
Project Costing
Acumatica
8.9
Wave Accounting
Cost Capture
Acumatica
8.9
Wave Accounting
Capital Project Management
Acumatica
9.5
Wave Accounting
Customer Invoicing
Acumatica
9.5
Wave Accounting
Customer Contract Compliance
Acumatica
9.2
Wave Accounting
Project Revenue Recognition
Acumatica
8.9
Wave Accounting
Project Financial Performance Analysis
Acumatica
9.1
Wave Accounting
Project Financials Dashboard
Acumatica
9.7
Wave Accounting
Real-time Financial Reporting
Acumatica
9.7
Wave Accounting
Embedded Business Intelligence
Acumatica
9.5
Wave Accounting
Project Planning Collaboration
Acumatica
9.5
Wave Accounting

Project Execution Management

Acumatica
8.0
Wave Accounting
Project Planning and Scheduling
Acumatica
8.0
Wave Accounting
Project Manager Dashboard
Acumatica
8.0
Wave Accounting
Resource Manager Dashboard
Acumatica
8.0
Wave Accounting
Task Insight for Project Managers
Acumatica
8.0
Wave Accounting
Team Member Task Collaboration
Acumatica
7.0
Wave Accounting
Talent Profiles
Acumatica
9.0
Wave Accounting
Real-Time Project Reporting
Acumatica
8.0
Wave Accounting

Grants Management

Acumatica
7.8
Wave Accounting
Award Lifecycle Management
Acumatica
7.0
Wave Accounting
Spending Control
Acumatica
8.0
Wave Accounting
Indirect Cost Management
Acumatica
8.0
Wave Accounting
Billing
Acumatica
8.0
Wave Accounting

Procurement

Acumatica
7.7
Wave Accounting
Sourcing Team Collaboration
Acumatica
6.6
Wave Accounting
Sourcing Analysis
Acumatica
8.0
Wave Accounting
Bids Analyzed and Compared
Acumatica
8.0
Wave Accounting
Catalog Shopping E-Commerce for Employees
Acumatica
7.0
Wave Accounting
Invoice Automated Matching
Acumatica
7.0
Wave Accounting
Requisitions-to-Purchase Orders Integrated
Acumatica
9.0
Wave Accounting
Supplier Assessment
Acumatica
8.0
Wave Accounting
Supplier Management
Acumatica
9.0
Wave Accounting
Supplier Portal
Acumatica
7.0
Wave Accounting

Logistics

Acumatica
9.2
Wave Accounting
Transportation Planning and Optimization
Acumatica
9.2
Wave Accounting
Transportation Sourcing Management
Acumatica
9.2
Wave Accounting
Transportation Process Integration
Acumatica
10.0
Wave Accounting
Transportation Execution Management
Acumatica
10.0
Wave Accounting
Trade Management
Acumatica
8.0
Wave Accounting
Customs Entry Management
Acumatica
9.5
Wave Accounting
Customs Document Management
Acumatica
9.5
Wave Accounting
Customs Document Collaboration
Acumatica
9.5
Wave Accounting
Fulfillment Management
Acumatica
8.0
Wave Accounting
Inventory Visibility
Acumatica
8.0
Wave Accounting
Warehouse Workforce Management
Acumatica
10.0
Wave Accounting

Manufacturing

Acumatica
8.8
Wave Accounting
Production Process Design
Acumatica
9.2
Wave Accounting
Supply Chain Business Flows
Acumatica
9.2
Wave Accounting
Production Management
Acumatica
9.0
Wave Accounting
Contracted Manufacturing Management
Acumatica
9.5
Wave Accounting
Configuration Management
Acumatica
9.2
Wave Accounting
Work Definition
Acumatica
8.7
Wave Accounting
Work Execution
Acumatica
8.7
Wave Accounting
Advanced Fulfillment
Acumatica
8.3
Wave Accounting
Manufacturing Costs
Acumatica
7.7
Wave Accounting

Supply Chain

Acumatica
9.2
Wave Accounting
Forecasting
Acumatica
8.6
Wave Accounting
Inventory Planning
Acumatica
8.6
Wave Accounting
Multi-tier Supply Chain Planning
Acumatica
9.5
Wave Accounting
Performance Monitoring
Acumatica
10.0
Wave Accounting

Product Lifecycle Management

Acumatica
8.9
Wave Accounting
Ideation Management
Acumatica
10.0
Wave Accounting
Requirements Management
Acumatica
10.0
Wave Accounting
Proposal Management
Acumatica
9.5
Wave Accounting
Product Master Data Management
Acumatica
9.0
Wave Accounting
Vendor Portal
Acumatica
7.0
Wave Accounting
Project Portfolio Management
Acumatica
8.0
Wave Accounting

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

  • 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 | 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

  • 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 | TrustRadius Reviewer

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

No score
No answers yet
No answers on this topic

Wave Accounting

Wave Accounting 5.3
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 | TrustRadius Reviewer

Reliability and Availability

Acumatica

No score
No answers yet
No answers on this topic

Wave Accounting

Wave Accounting 6.7
Based on 4 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 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 | TrustRadius Reviewer

Support Rating

Acumatica

No score
No answers yet
No answers on this topic

Wave Accounting

Wave Accounting 9.0
Based on 1 answer
If they had live chat service then I'd rate this a 10.
Matthew Gehrman | TrustRadius Reviewer

Online Training

Acumatica

No score
No answers yet
No answers on this topic

Wave Accounting

Wave Accounting 4.7
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 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 | 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 has saved us so much time, previously having multiple disparate systems for handling our many processes. Now we have one fully integrated system saving us time and money.
Nicole Ronchetti | TrustRadius Reviewer

Wave Accounting

  • Wave is free. As a small business owner, it's difficult for me to commit to using too many different software because costs add up. Wave is a very competitive application with many features. I don't think I can go elsewhere at this point. It's far too attractive.
  • Wave does have paid features relating to payroll and bank account transfers. I prefer to handle incoming payments through checks manually so I don't worry about bank transfers. For some, this might be a concern, but you are likely paying for this no matter what you use.
  • Wave has saved me a considerable amount of time going back and forth between my bank's website and excel sheets. This is immeasurable to me. Keeping invoices in one place is also a big deal. I really love this software.
Chris Hecox | TrustRadius Reviewer

Pricing Details

Acumatica

General

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

Wave Accounting

General

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

Rating Summary

Likelihood to Recommend

Acumatica
8.6
Wave Accounting
7.8

Likelihood to Renew

Acumatica
9.0
Wave Accounting
7.8

Usability

Acumatica
Wave Accounting
5.3

Reliability and Availability

Acumatica
Wave Accounting
6.7

Performance

Acumatica
Wave Accounting
2.9

Support Rating

Acumatica
Wave Accounting
9.0

Online Training

Acumatica
Wave Accounting
4.7

Scalability

Acumatica
Wave Accounting
3.0

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