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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    HotSchedules

    Score8 out of 10
    N/AHotSchedules is a cloud-based scheduling, labor and communication management software solution serving the restaurant and hospitality industry. According to the vendor, key benefits include: Build & Communicate Schedules The scheduling and labor management software reduces the time it takes managers to create and communicate schedules. All scheduling and employee information is stored in one central location, so managers have access to time-off requests,…

    $2

    per month per employee

    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
    HotSchedulesWave Accounting
    Editions & Modules
    Essentials
    $2
    per month per employee
    Plus
    $4
    per month per employee
    Quote-Based
    Quote-based pricing
    Starter
    $0
    Pro
    $16
    per month
    Pro - billed annually
    $170
    per year
    Offerings
    Pricing Offerings
    HotSchedulesWave 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
    HotSchedulesWave Accounting
    Considered Both Products
    HotSchedules and Fourth
    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
    HotSchedulesWave Accounting
    Payroll Management
    Comparison of Payroll Management features of HotSchedules and Wave Accounting
    Feature
    HotSchedules
    -
    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 HotSchedules and Wave Accounting
    Feature
    HotSchedules
    -
    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 HotSchedules and Wave Accounting
    Feature
    HotSchedules
    -
    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 HotSchedules and Wave Accounting
    Feature
    HotSchedules
    -
    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 HotSchedules and Wave Accounting
    Feature
    HotSchedules
    -
    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 HotSchedules and Wave Accounting
    Feature
    HotSchedules
    -
    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 HotSchedules and Wave Accounting
    Feature
    HotSchedules
    -
    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
    HotSchedulesWave Accounting
    Small Businesses
    Jolt
    Score9.7 out of 10
    QuickBooks Self-Employed (discontinued)
    Score4.2 out of 10
    Medium-sized Companies
    Jolt
    Score9.7 out of 10
    MYOB
    Score8.3 out of 10
    Enterprises
    No answers on this topic
    Microsoft Dynamics GP
    Score5.4 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    HotSchedulesWave Accounting
    Likelihood to Recommend
    1.0
    (167 ratings)
    9.4
    (82 ratings)
    Likelihood to Renew
    9.1
    (2 ratings)
    7.8
    (3 ratings)
    Usability
    8.9
    (12 ratings)
    9.8
    (17 ratings)
    Availability
    -
    (0 ratings)
    6.7
    (4 ratings)
    Performance
    -
    (0 ratings)
    2.9
    (2 ratings)
    Support Rating
    8.9
    (4 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
    HotSchedulesWave Accounting
    Likelihood to Recommend
    HotSchedules and Fourth
    For small to medium-sized companies HotSchedules works great when business is very static. If you are simply using HotSchedules for a schedule writing tool, it is phenomenal. However, it does miss the mark as a labor control software. Needs more controls to keep managers aware of spending versus historical sales data.
    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
    HotSchedules and Fourth
    • Communication is so simple on HotSchedules. Whether it is communicating a new schedule release, or a quick note about tonight's shift we as managers are able to easily communicate and know that it will reach our team through text notifications, or email notifications.
    • The Meal Break planning tool is very useful in being able to help our floor leaders clearly understand and plan for what breaks are needed throughout the shift. This allows them to come up with a strategic game plan quickly and spend more time with our guests.
    • Shift Swaps and Releases are so seamless. This is our favorite tool as it makes helping our team cover shifts extremely easy and painless. On the flip side it also makes staff who want more hours be able to find what is available in real time.
    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
    HotSchedules and Fourth
    • Clocking In and out can be a little slow. It takes longer to clock in then our previous method. Before we just had a card you swiped and it would clock you in. Took 2 seconds. Now with the Hotschdules method we use it take 30 seconds or so. Not a huge issue but it can add up if you have one computer and a line of employees waiting to clock in.
    • Time Cards. It does not allow you to view someones current time until the "punch" has ended. If the manager would like to check what time the employee clocked in/out from lunch they have to wait until the employee has clocked out for the day before the record is generated. As a shift lead you may send and employee to lunch but forget to note what time you sent them. Awhile passes and you feel like they should be back by now, so you want to go in and see what time they left for lunch but it does not show you that punch record because the employee is still "clocked in" they are just on their "Meal Break"
    • The ability to customize the restrictions for Clocking in and out. You can set it up so that employees can only clock in from a specific location, however if you have a manager who is allowed to work from home they would not be able to clock in without being at the same location as set in the software. It would be nice to see it able to be customized per user.
    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
    HotSchedules and Fourth
    Ease of use, efficiently creating and posting staff schedules.
    Incentivized
    Read full review
    Wave
    Easy to use for clients with no accounting background and the price is right.
    Read full review
    Usability
    HotSchedules and Fourth
    6 Years of Experience provides me the insight on the upgrades and changes that HotSchedules has done to improve the experience of its users. There are so many features that we still have not started or used to the fullest, but we believe that we are currently getting a strong value out of the money that is paid for this product.
    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
    HotSchedules and Fourth
    No answers on this topic
    Wave
    WAVE is always available when we need it ! Peter
    Read full review
    Performance
    HotSchedules and Fourth
    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
    HotSchedules and Fourth
    On rare occasions a phone call has been required to find the solution to a problem, the HotSchedules response staff have been helpful, courteous, and genuinely seem to care for their clients and take pride in what they do. The consistent development and fine tuning of the platform, interface, and mobile environment shows that this is not a program full of people who rest on their laurels.
    Incentivized
    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
    Online Training
    HotSchedules and Fourth
    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
    HotSchedules and Fourth
    I have not used any other Scheduling software for employees. As a campground manager in the summer season, we are using campground master for reservations. it is very similar in process to employee scheduling. the ability to the user of that program to set up their own parameters for time and reservations is something that would benefit the employee scheduling software.
    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
    HotSchedules and Fourth
    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
    HotSchedules and Fourth
    • Saving time on scheduling means our managers can focus more on guest experience, managing the floor and other areas that contribute to the success of our business.
    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

    HotSchedules Screenshots

    Screenshot of Time-Off, Availability, Employee Hours, Sales Volume are all available in the scheduler.Screenshot of Employees are able to swap and pick-up shifts from the HotSchedules Mobile App. All shift changes or requests require a manager's approval.Screenshot of Managers and employees can communicate with each other from the mobile and web apps - from anywhere and at anytime.Screenshot of Employees can submit a time-off, request - paid, or unpaid - and can request to work or request off right from the mobile app.Screenshot of Managers can view sales and labor data from their phone.