TrustRadius: an HG Insights company

Save this comparison

Save this comparison

Add Product

Recommended Comparisons

    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Chargezoom

    Score8.1 out of 10
    N/AChargezoom helps companies automate and integrate payments. Chargezoom also eliminate manual processes and data entry and creates a customizable payment portal that stores multiple payment details.

    $20

    per month

    Wave Accounting

    Score7.3 out of 10
    N/AWave 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.

    $16

    per month

    Pricing
    ChargezoomWave Accounting
    Editions & Modules
    Sync in real time
    $20
    per month
    Automate
    $40
    per month
    Enterprise
    59.00+
    per month
    Starter
    $0
    Pro
    $16
    per month
    Pro - billed annually
    $170
    per year
    Offerings
    Pricing Offerings
    ChargezoomWave Accounting
    Free Trial
    YesNo
    Free/Freemium Version
    NoYes
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    ChargezoomWave Accounting
    Considered Both Products
    Chargezoom
    No answer on this topic
    Wave
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    53%
    Would buy again
    8 Answers
    Delivers good value for the price
    No answers on this topic
    67%
    Delivers good value for the price
    10 Answers
    Happy with the feature set
    No answers on this topic
    67%
    Happy with the feature set
    10 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    54%
    Lived up to sales and marketing promises
    7 Answers
    Implementation went as expected
    No answers on this topic
    73%
    Implementation went as expected
    11 Answers
    Features
    ChargezoomWave Accounting
    Payroll Management
    Comparison of Payroll Management features of Chargezoom and Wave Accounting
    Feature
    Chargezoom
    8.4
    1 Ratings
    11% above category average
    Wave Accounting
    6.2
    24 Ratings
    20% below category average
    Pay calculation8.01 Ratings7.123 Ratings
    Benefit plan administration8.01 Ratings7.54 Ratings
    Direct deposit files8.01 Ratings1.220 Ratings
    Salary revision and increment management9.01 Ratings7.712 Ratings
    Reimbursement management9.01 Ratings7.48 Ratings
    Customization
    Comparison of Customization features of Chargezoom and Wave Accounting
    Feature
    Chargezoom
    8.5
    1 Ratings
    12% above category average
    Wave Accounting
    8.5
    13 Ratings
    12% above category average
    API for custom integration9.01 Ratings9.99 Ratings
    Plug-ins8.01 Ratings7.011 Ratings
    Security
    Comparison of Security features of Chargezoom and Wave Accounting
    Feature
    Chargezoom
    8.0
    1 Ratings
    2% below category average
    Wave Accounting
    6.4
    45 Ratings
    24% below category average
    Single sign-on capability8.01 Ratings6.432 Ratings
    Role-based user permissions8.01 Ratings6.436 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Chargezoom and Wave Accounting
    Feature
    Chargezoom
    8.3
    1 Ratings
    6% above category average
    Wave Accounting
    9.5
    73 Ratings
    19% above category average
    Dashboards9.01 Ratings9.471 Ratings
    Standard reports8.01 Ratings9.770 Ratings
    Custom reports8.01 Ratings9.337 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Chargezoom and Wave Accounting
    Feature
    Chargezoom
    8.3
    1 Ratings
    8% above category average
    Wave Accounting
    7.4
    76 Ratings
    3% below category average
    Accounts payable8.01 Ratings9.659 Ratings
    Accounts receivable8.01 Ratings9.670 Ratings
    Cash management8.01 Ratings9.862 Ratings
    Bank reconciliation8.01 Ratings8.565 Ratings
    Expense management8.01 Ratings9.664 Ratings
    Time tracking8.01 Ratings9.811 Ratings
    Fixed asset management8.01 Ratings9.812 Ratings
    Multi-currency support8.01 Ratings10.019 Ratings
    Multi-division support9.01 Ratings7.19 Ratings
    Regulations compliance9.01 Ratings5.016 Ratings
    Electronic tax filing8.01 Ratings5.914 Ratings
    Self-service portal8.01 Ratings8.040 Ratings
    Global Financial Support8.01 Ratings9.02 Ratings
    Primary and Secondary Ledgers8.01 Ratings9.05 Ratings
    Intercompany Accounting9.01 Ratings4.05 Ratings
    Localizations9.01 Ratings5.23 Ratings
    Journals and Reconciliations8.01 Ratings8.530 Ratings
    Enterprise Accounting9.01 Ratings4.07 Ratings
    Configurable Accounting8.01 Ratings5.017 Ratings
    Centralized Rules Framework9.01 Ratings1.03 Ratings
    Standardized Processes9.01 Ratings7.019 Ratings
    Inventory Management
    Comparison of Inventory Management features of Chargezoom and Wave Accounting
    Feature
    Chargezoom
    8.5
    1 Ratings
    15% above category average
    Wave Accounting
    8.1
    11 Ratings
    11% above category average
    Inventory tracking9.01 Ratings5.68 Ratings
    Automatic reordering8.01 Ratings9.95 Ratings
    Location management9.01 Ratings8.12 Ratings
    Manufacturing module8.01 Ratings9.01 Ratings
    Order Management
    Comparison of Order Management features of Chargezoom and Wave Accounting
    Feature
    Chargezoom
    8.3
    1 Ratings
    12% above category average
    Wave Accounting
    7.6
    53 Ratings
    3% above category average
    Pricing8.01 Ratings9.926 Ratings
    Order entry9.01 Ratings10.018 Ratings
    Credit card processing8.01 Ratings2.345 Ratings
    Cost of goods sold8.01 Ratings10.034 Ratings
    Order Orchestration8.01 Ratings5.85 Ratings
    End-to-end order visibility8.01 Ratings8.24 Ratings
    Order exception Resolution9.01 Ratings7.02 Ratings
    Best Alternatives
    ChargezoomWave Accounting
    Small Businesses
    QuickBooks Self-Employed (discontinued)
    Score4.2 out of 10
    QuickBooks Self-Employed (discontinued)
    Score4.2 out of 10
    Medium-sized Companies
    MYOB
    Score8.3 out of 10
    MYOB
    Score8.3 out of 10
    Enterprises
    Microsoft Dynamics GP
    Score5.4 out of 10
    Microsoft Dynamics GP
    Score5.4 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    ChargezoomWave Accounting
    Likelihood to Recommend
    8.0
    (1 ratings)
    9.4
    (82 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    7.8
    (3 ratings)
    Usability
    -
    (0 ratings)
    9.8
    (17 ratings)
    Availability
    -
    (0 ratings)
    6.7
    (4 ratings)
    Performance
    -
    (0 ratings)
    2.9
    (2 ratings)
    Support Rating
    -
    (0 ratings)
    2.1
    (12 ratings)
    Online Training
    -
    (0 ratings)
    4.7
    (3 ratings)
    CPA Rating
    -
    (0 ratings)
    8.0
    (8 ratings)
    Product Scalability
    -
    (0 ratings)
    3.0
    (2 ratings)
    User Testimonials
    ChargezoomWave Accounting
    Likelihood to Recommend
    Chargezoom
    Chargezoom is a tool that offers automated solutions powered by machine learning to enable trusted data throughout the organization, it is a solution that I like because it has the power to provide quality service with options that allow us to minimize the risk of sensitive data , comply with data privacy regulations, manage data governance and quality safely and easily.
    Incentivized
    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.
    Incentivized
    Read full review
    Pros
    Chargezoom
    • Chargezoom is a data management platform that works securely, simply and efficiently by creating an understanding of our data assets by simplifying data privacy compliance. It is a tool that works extremely well with features and functions that fit our needs.
    Incentivized
    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
    Chargezoom
    • Chargezoom helps my organization automate compliance with data privacy regulations, persistently tracks and manages all data across the organization making privacy compliance easy and reliable across all data, sources and locations. Data privacy compliance is an important measure we take at my organization to comply with data protection laws and regulations by protecting people and taking control of the information that is used and shared.
    Incentivized
    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.
    Incentivized
    Read full review
    Likelihood to Renew
    Chargezoom
    No answers on this topic
    Wave
    Easy to use for clients with no accounting background and the price is right.
    Read full review
    Usability
    Chargezoom
    No answers on this topic
    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
    Chargezoom
    No answers on this topic
    Wave
    WAVE is always available when we need it ! Peter
    Read full review
    Performance
    Chargezoom
    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
    Chargezoom
    No answers on this topic
    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
    Chargezoom
    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
    Chargezoom
    Select Chargezoom because it is of great help in my organization for helping us to know the critical data elements, data risks, compliance and quality classification and organization easily and securely all data with confidential tracking with wonderful plans that motivate users to move forward and obtain great results from start to finish.
    Incentivized
    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
    Incentivized
    Read full review
    Scalability
    Chargezoom
    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
    Chargezoom
    • Chargezoom is a service that solves data challenges, allowing data to be discovered safely and easily. It is a platform that works perfectly, adjusting to any need, it is flexible, easy to configure and the results it offers are wonderful.
    Incentivized
    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.
    Incentivized
    Read full review
    ScreenShots