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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    FunctionFox

    Score6.1 out of 10
    Small Businesses (1-50 employees)
    FunctionFox provides TimeFox which is a timesheet and project management solution for small creative companies. The vendor says TimeFox is currently used by over 100,000 creative professionals in Canada, the US, Europe, Asia, Australia and New Zealand.

    $5

    per user

    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
    FunctionFoxWave Accounting
    Editions & Modules
    FunctionFox Classic
    $5
    per user
    FunctionFox Premier
    $10
    per user
    FunctionFox In-House
    $20
    per user
    Starter
    $0
    Pro
    $16
    per month
    Pro - billed annually
    $170
    per year
    Offerings
    Pricing Offerings
    FunctionFoxWave Accounting
    Free Trial
    YesNo
    Free/Freemium Version
    YesYes
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional DetailsNo hidden fees. All customer support, and regular upgrades are included free of charge.—
    More Pricing Information
    Community Pulse
    FunctionFoxWave Accounting
    Considered Both Products
    FunctionFox
    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
    FunctionFoxWave Accounting
    Payroll Management
    Comparison of Payroll Management features of FunctionFox and Wave Accounting
    Feature
    FunctionFox
    -
    Ratings
    Wave Accounting
    6.2
    24 Ratings
    20% 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 FunctionFox and Wave Accounting
    Feature
    FunctionFox
    -
    Ratings
    Wave Accounting
    8.5
    13 Ratings
    12% above category average
    API for custom integration00 Ratings9.99 Ratings
    Plug-ins00 Ratings7.011 Ratings
    Security
    Comparison of Security features of FunctionFox and Wave Accounting
    Feature
    FunctionFox
    -
    Ratings
    Wave Accounting
    6.4
    45 Ratings
    24% below category average
    Single sign-on capability00 Ratings6.432 Ratings
    Role-based user permissions00 Ratings6.436 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of FunctionFox and Wave Accounting
    Feature
    FunctionFox
    -
    Ratings
    Wave Accounting
    9.5
    73 Ratings
    19% above category average
    Dashboards00 Ratings9.471 Ratings
    Standard reports00 Ratings9.770 Ratings
    Custom reports00 Ratings9.337 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of FunctionFox and Wave Accounting
    Feature
    FunctionFox
    -
    Ratings
    Wave Accounting
    7.4
    76 Ratings
    3% below category average
    Accounts payable00 Ratings9.659 Ratings
    Accounts receivable00 Ratings9.670 Ratings
    Cash management00 Ratings9.862 Ratings
    Bank reconciliation00 Ratings8.565 Ratings
    Expense management00 Ratings9.664 Ratings
    Time tracking00 Ratings9.811 Ratings
    Fixed asset management00 Ratings9.812 Ratings
    Multi-currency support00 Ratings10.019 Ratings
    Multi-division support00 Ratings7.19 Ratings
    Regulations compliance00 Ratings5.016 Ratings
    Electronic tax filing00 Ratings5.914 Ratings
    Self-service portal00 Ratings8.040 Ratings
    Global Financial Support00 Ratings9.02 Ratings
    Primary and Secondary Ledgers00 Ratings9.05 Ratings
    Intercompany Accounting00 Ratings4.05 Ratings
    Localizations00 Ratings5.23 Ratings
    Journals and Reconciliations00 Ratings8.530 Ratings
    Enterprise Accounting00 Ratings4.07 Ratings
    Configurable Accounting00 Ratings5.017 Ratings
    Centralized Rules Framework00 Ratings1.03 Ratings
    Standardized Processes00 Ratings7.019 Ratings
    Inventory Management
    Comparison of Inventory Management features of FunctionFox and Wave Accounting
    Feature
    FunctionFox
    -
    Ratings
    Wave Accounting
    8.1
    11 Ratings
    11% 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 FunctionFox and Wave Accounting
    Feature
    FunctionFox
    -
    Ratings
    Wave Accounting
    7.6
    53 Ratings
    3% above category average
    Pricing00 Ratings9.926 Ratings
    Order entry00 Ratings10.018 Ratings
    Credit card processing00 Ratings2.345 Ratings
    Cost of goods sold00 Ratings10.034 Ratings
    Order Orchestration00 Ratings5.85 Ratings
    End-to-end order visibility00 Ratings8.24 Ratings
    Order exception Resolution00 Ratings7.02 Ratings
    Best Alternatives
    FunctionFoxWave Accounting
    Small Businesses
    Time Doctor
    Score8 out of 10
    QuickBooks Self-Employed (discontinued)
    Score4.2 out of 10
    Medium-sized Companies
    Toggl Track
    Score9 out of 10
    MYOB
    Score8.3 out of 10
    Enterprises
    TimeCamp
    Score7.3 out of 10
    Microsoft Dynamics GP
    Score5.4 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    FunctionFoxWave Accounting
    Likelihood to Recommend
    8.0
    (14 ratings)
    9.4
    (82 ratings)
    Likelihood to Renew
    3.0
    (4 ratings)
    7.8
    (3 ratings)
    Usability
    4.0
    (1 ratings)
    9.7
    (17 ratings)
    Availability
    -
    (0 ratings)
    6.7
    (4 ratings)
    Performance
    -
    (0 ratings)
    2.9
    (2 ratings)
    Support Rating
    8.0
    (1 ratings)
    2.1
    (12 ratings)
    Online Training
    -
    (0 ratings)
    4.7
    (3 ratings)
    Implementation Rating
    5.0
    (1 ratings)
    -
    (0 ratings)
    CPA Rating
    -
    (0 ratings)
    8.0
    (8 ratings)
    Product Scalability
    -
    (0 ratings)
    3.0
    (2 ratings)
    User Testimonials
    FunctionFoxWave Accounting
    Likelihood to Recommend
    FunctionFox
    If you are trying to track time across teams or functions, that is really what FunctionFox is designed for. I think this would work better for individual, smaller teams with similar tasks and activities, instead of for larger companies with more complex organizational operations. If you are just getting started with time tracking, this could be a good place to start.
    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
    FunctionFox
    • With only a couple clicks I can still easily pull reports by employee on a weekly basis which provide the information I need to run payroll.
    • I pull reports by client each month for our monthly client billings, which we have broken down by project so I can easily see how our time was spent on their account.
    • We set a budget for the approved number of hours we can apply to any one project for the month, and the system provides the project manager with a warning as the limit comes near. That function has been fantastic!
    • FunctionFox's Help Desk personnel are wonderful, providing an exceptionally personalized experience. They take their time, and will even schedule a call to go into greater depth, such as an entire account review just to ensure you're able to use all the product features to your company's best advantage. Our entire team jumped on a half hour call a couple months ago, and she answered ALL of our questions, including providing us with info on some features we hadn't realized even existed.
    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
    FunctionFox
    • The function of the site is not as user-friendly as others, it's sometimes hard to find certain projects and organize data in order to track effectively. I would often need to download/export reports.
    • Sometimes a project would accidentally be created twice and hours billed to two separate projects for the same thing. Which made tracking and billing increasingly difficult.
    • Little to no organization of projects for billing and finance purposes, which makes it hard when we conduct billing as there is not a clear way to know if a project is complete, ongoing, rejected etc.
    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
    FunctionFox
    All of my employees are used to it and introducing a new software to them requires them to get trained again increasing the costs. TimeFox is an easy to use and understand software. Another advantage of TimeFox is that is an online software and I can access it whenever I want to.
    Read full review
    Wave
    Easy to use for clients with no accounting background and the price is right.
    Read full review
    Usability
    FunctionFox
    It's a good tool for tracking hours and overall budget. It does not give you insight into why there are those hours, or what part of the project has over burned. The tool is also tough to export reports and find the correct information throughout. Not only this, but I also have a hard time changing project details - there's no real easy way to and there's a larger room for error
    Incentivized
    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
    FunctionFox
    No answers on this topic
    Wave
    WAVE is always available when we need it ! Peter
    Read full review
    Performance
    FunctionFox
    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
    FunctionFox
    I haven't used FunctionFox for a lot of support requests. On the times that i've been having issues I've had the issue resolved within a day, most questions I have had i've been able to source answers online or from a colleague. From what I have experienced the support team seems great.
    Incentivized
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    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
    FunctionFox
    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
    Implementation Rating
    FunctionFox
    Unsure on implementation of FunctionFox - was before my time at the company. Everyone at the company had a good understanding of the product and how to use it by the time I joined. My understanding is we implemented ourselves with a few training sessions for the creative team and adding hours as well as training for the account team to add projects
    Incentivized
    Read full review
    Wave
    No answers on this topic
    Alternatives Considered
    FunctionFox
    When we were looking for software we tested several, and FunctionFox was hands down the best value. While there are other options, and each company is different, nothing could come close to filling our needs the way FunctionFox has. The money we spend has been returned several times over.
    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
    FunctionFox
    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
    FunctionFox
    • FunctionFox pays for itself just about every month in terms of how much more I am able to bill than before I started using the software, and how much less time I need to spend on non-billable admin tasks. I used to create invoices based mostly on what sounded fair, rather than on accurate time & cost records. I'm sure my clients loved it, but it wasn't healthy for my business. Now I base invoices on actual time and expense records, and end up with more money in my pocket.
    • It's not tangible, but FunctionFox has improved my ability to communicate with clients, and with freelance partners when I'm involved in a collaborative project. I can anticipate and discuss potential budget or delivery deadline overruns before they occur. The goodwill this builds has had a tremendously positive impact on client and partnership relations.
    • I fell into freelancing without a lot of experience running a business. FunctionFox has been a great teacher, helping me think through many issues that I wouldn't have even recognized as important. It is simple to use, with a UI that is neither intimidating nor overwhelming, and it has been super flexible in terms of molding it to suit the way I work.
    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

    FunctionFox Screenshots

    Screenshot of Easily navigate throughout FunctionFox from the customizable Home dashboard.Screenshot of CEO Desktop enables users to visualize budgets and deadlines for specific projects.Screenshot of The Project Status page provides the users with  an overview of the projects and the different stages they are at. With the filters users can drill down to see specific clients or projects.Screenshot of The Calendar provides a great weekly or monthly view of project start and due dates, along with deliverables, milestones, and meetings.