Avalara vs. Wave Accounting

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Avalara
Score 8.0 out of 10
N/A
Avalara AvaTax connects to the software that businesses already have and delivers sales tax decisions based on precise geo-location in more than 12,000 taxing jurisdictions in the U.S.
$21
per month
Wave Accounting
Score 6.1 out of 10
N/A
Wave Accounting is a free, cloud-based accounting platform exclusively for small businesses. It supports double-entry bookkeeping and permits unlimited user access, invoicing, and expense management. Wave Accounting integrates with Wave's invoicing, receipt scanning, payment processing and payroll apps.N/A
Pricing
AvalaraWave Accounting
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
AvalaraWave Accounting
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeOptionalNo setup fee
Additional Details
More Pricing Information
Community Pulse
AvalaraWave Accounting
Top Pros
Top Cons
Features
AvalaraWave Accounting
Type of tax
Comparison of Type of tax features of Product A and Product B
Avalara
8.1
302 Ratings
4% below category average
Wave Accounting
-
Ratings
Sales and Use Taxes8.8295 Ratings00 Ratings
Cross-border Taxes7.865 Ratings00 Ratings
VAT / GST Taxes7.356 Ratings00 Ratings
Energy and Fuel Taxes8.525 Ratings00 Ratings
Tax Reporting & Compliance
Comparison of Tax Reporting & Compliance features of Product A and Product B
Avalara
8.1
280 Ratings
3% below category average
Wave Accounting
-
Ratings
Geolocation for Tax Assessment8.6168 Ratings00 Ratings
3rd-Party Software Integrations8.0223 Ratings00 Ratings
Tax Data Reporting8.3248 Ratings00 Ratings
Compliance Administration Management8.3191 Ratings00 Ratings
Tax Exemption Processing8.3201 Ratings00 Ratings
Tax Document Management8.0193 Ratings00 Ratings
Complex Tax Scenario Management7.1128 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Avalara
-
Ratings
Wave Accounting
6.2
24 Ratings
19% below category average
Pay calculation00 Ratings7.123 Ratings
Benefit plan administration00 Ratings7.54 Ratings
Direct deposit files00 Ratings1.220 Ratings
Salary revision and increment management00 Ratings7.712 Ratings
Reimbursement management00 Ratings7.48 Ratings
Customization
Comparison of Customization features of Product A and Product B
Avalara
-
Ratings
Wave Accounting
8.5
13 Ratings
19% above category average
API for custom integration00 Ratings9.99 Ratings
Plug-ins00 Ratings7.011 Ratings
Security
Comparison of Security features of Product A and Product B
Avalara
-
Ratings
Wave Accounting
9.5
43 Ratings
17% above category average
Single sign-on capability00 Ratings9.730 Ratings
Role-based user permissions00 Ratings9.334 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Avalara
-
Ratings
Wave Accounting
8.2
70 Ratings
8% above category average
Dashboards00 Ratings9.468 Ratings
Standard reports00 Ratings9.567 Ratings
Custom reports00 Ratings5.734 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Avalara
-
Ratings
Wave Accounting
6.9
73 Ratings
7% below category average
Accounts payable00 Ratings9.456 Ratings
Accounts receivable00 Ratings9.567 Ratings
Cash management00 Ratings9.459 Ratings
Bank reconciliation00 Ratings9.563 Ratings
Expense management00 Ratings9.661 Ratings
Time tracking00 Ratings9.511 Ratings
Fixed asset management00 Ratings9.512 Ratings
Multi-currency support00 Ratings10.019 Ratings
Multi-division support00 Ratings7.19 Ratings
Regulations compliance00 Ratings6.815 Ratings
Electronic tax filing00 Ratings5.914 Ratings
Self-service portal00 Ratings1.739 Ratings
Global Financial Support00 Ratings9.02 Ratings
Primary and Secondary Ledgers00 Ratings7.04 Ratings
Intercompany Accounting00 Ratings4.05 Ratings
Localizations00 Ratings5.23 Ratings
Journals and Reconciliations00 Ratings6.228 Ratings
Enterprise Accounting00 Ratings4.07 Ratings
Configurable Accounting00 Ratings5.516 Ratings
Centralized Rules Framework00 Ratings1.03 Ratings
Standardized Processes00 Ratings4.317 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Avalara
-
Ratings
Wave Accounting
8.1
11 Ratings
14% above category average
Inventory tracking00 Ratings5.68 Ratings
Automatic reordering00 Ratings9.95 Ratings
Location management00 Ratings8.12 Ratings
Manufacturing module00 Ratings9.01 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Avalara
-
Ratings
Wave Accounting
7.6
52 Ratings
3% above category average
Pricing00 Ratings9.926 Ratings
Order entry00 Ratings10.018 Ratings
Credit card processing00 Ratings2.345 Ratings
Cost of goods sold00 Ratings10.033 Ratings
Order Orchestration00 Ratings5.85 Ratings
End-to-end order visibility00 Ratings8.24 Ratings
Order exception Resolution00 Ratings7.02 Ratings
Best Alternatives
AvalaraWave Accounting
Small Businesses
Canopy
Canopy
Score 9.5 out of 10
QuickBooks Self-Employed
QuickBooks Self-Employed
Score 9.1 out of 10
Medium-sized Companies
LOVAT
LOVAT
Score 10.0 out of 10
Accounting Seed
Accounting Seed
Score 8.3 out of 10
Enterprises
Vertex
Vertex
Score 8.4 out of 10
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.1 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
AvalaraWave Accounting
Likelihood to Recommend
7.9
(413 ratings)
3.5
(79 ratings)
Likelihood to Renew
9.2
(26 ratings)
7.8
(3 ratings)
Usability
8.0
(405 ratings)
6.2
(15 ratings)
Availability
8.0
(8 ratings)
6.7
(4 ratings)
Performance
8.0
(8 ratings)
2.9
(2 ratings)
Support Rating
5.7
(18 ratings)
2.5
(12 ratings)
In-Person Training
8.0
(2 ratings)
-
(0 ratings)
Online Training
7.3
(3 ratings)
4.7
(3 ratings)
Implementation Rating
6.4
(197 ratings)
-
(0 ratings)
Configurability
5.0
(5 ratings)
-
(0 ratings)
Ease of integration
5.1
(11 ratings)
-
(0 ratings)
Product Scalability
8.0
(7 ratings)
3.0
(2 ratings)
Vendor post-sale
1.1
(8 ratings)
-
(0 ratings)
Vendor pre-sale
7.9
(8 ratings)
-
(0 ratings)
User Testimonials
AvalaraWave Accounting
Likelihood to Recommend
Avalara
The best I can do is a two. Our experience has been so bad, the software is not good in lots of respects, and the customer service people are either too overwhelmed with people with issues that they can't respond or they just don't care to respond. And the services come at a premium price. So you would think we could at least get a response. I know Avalara has real tax expertise deep inside that company. But the tools and processes they have cobbled together to monetize that expertise are not delivering a good experience. And their customer support is literally the worst I have ever experienced--and particularly coming from a premium provider
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
Avalara
  • Calculates the correct tax regardless of state, county, or local jurisdiction.
  • CertCapture provides a site for managing all resale certificates, updating, renewing, and providing reports/backup in the event of an audit.
  • One stop shop for all things tax makes my life easier!
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
Avalara
  • I find it virtually impossible to access people when you have issues with anything
  • In my experience, everything runs through account managers and they are non-responsive and unavailable most of the time.
  • In my experience, 99% of all communication with anybody at Avalara has to be done via some ridiculous form or via email. Human contact is extremely difficult to resolve an issue that sometimes requires human to human contact.
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
Likelihood to Renew
Avalara
We need their help with filing and keeping track of things. It is very likely we are in the process of renewing right now. Autumn is our case manager and she has been a great help in keeping us updated on our usage and renewal. I feel we will be using this for a very long time.
Read full review
Wave
Easy to use for clients with no accounting background and the price is right.
Read full review
Usability
Avalara
The software and addons that we use are very applicable to our operations and the usability of the sotware works great with all of the software we have it integrated with. The certcapture and avatax work great together and has made things very automated for our company as majority of our sales are sales exempt. Navigating through the software is very user friendly and helps when we have to have other individuals go in as it is not difficult for them to find where they need to go within the software.
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
Avalara
I have been using Avalara for years and do not remember ever having an outage during working hours. The service is accurate and dependable.
Read full review
Wave
WAVE is always available when we need it ! Peter
Read full review
Performance
Avalara
We do have trouble tying Avalara's reporting back to our POS, but we just got a new POS system and there are bugs we are still trying to work out within the POS system. I do not believe this is an Avalara issue
Read full review
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
Avalara
Avalara is not consistent in giving us information timely. For instance, right now, we have a help desk ticket with them that's been open since October. They are still trying to figure it out and we haven't gotten any feedback on where they are at or what is going on. That seems to me a very excessive amount of time to be working on a problem. Was it forgotten? Is there something bigger going on? Do they need something from us? An update would be helpful.
Also, many times when we call with an issue or concern (wrong tax rate for instance) we generally feel like the help desk assumes it's of our doing instead of theirs and doesn't truely listen when we explain the problem because we end up repeating it over and over as well as sending examples. We expect more respect on our end.
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
In-Person Training
Avalara
I wasn't here when they first started with Avalara.
Read full review
Wave
No answers on this topic
Online Training
Avalara
The videos go too fast; I kept having to pause them and go back. They don't allow for any practice transactions or provide training materials.
Read full review
Wave
easy to use and east to train on ! Our WAVE clients enjoy the ease of use
Read full review
Implementation Rating
Avalara
The implementation team from Avalara was very knowledgable and did a good job of passing along information so that we could maintain the system and be able to make future changes ourselves. We had asked for some custom tax setup and they worked with us to get additional taxes set up that they didn't previously have. They worked with us to pull our documentation on tax rules and make sure those were included. I had hoped more scenarios would be there out of the box to cut down on the configuration time.
Read full review
Wave
No answers on this topic
Alternatives Considered
Avalara
When I started with the company, they were using a version of CCH. This was my first experience with that program and I found it very cumbersome. It was unable to calculate multiple tax rates (this may have changed in the last 10 years) and while it filled out some of the tax returns for us, we still had to manipulate many and file them ourselves. Now we just verify that what we show in our system matches Avalara and hit approve and we are done for another month.
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
Avalara
There is no change that has to happen as your company grows, Avalara continues to do it's job for any size company
Read full review
Wave
Once they out grow what is ability to move up to a more robust system?
Read full review
Return on Investment
Avalara
  • We are positively impacted by Avalara in having a central library to store our certificate files.
  • We spend very little time and resources to calculate and compile tax data for filing.
  • The electronic filing has helped insure we are on time with our filings and avoiding penalties.
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

Avalara Screenshots

Screenshot of Screenshot of Screenshot of Screenshot of Screenshot of