Sage 100cloud vs Wave Accounting

Likelihood to Recommend

For small and medium business in the distribution and light manufacturing space, Sage 100 is probably the best bang for your buck. As a very scaleable system, you can modify the system to meet the needs of a growing business without making gross changes to the core of the system

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Verified User

Manager in Manufacturing

Music Company, 51-200 employees

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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.

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Verified User

C-Level Executive in Marketing

Marketing & Advertising Company, 1-10 employees

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Feature Rating Comparison

Sage 100cloud

Wave Accounting

Pay calculation

Benefit plan administration

Direct deposit files

Salary revision and increment management

Reimbursement management

Sage 100cloud

Wave Accounting

API for custom integration

Plug-ins

Sage 100cloud

Wave Accounting

Single sign-on capability

Role-based user permissions

Sage 100cloud

Wave Accounting

Dashboards

Standard reports

Custom reports

Sage 100cloud

Wave Accounting

Accounts payable

Accounts receivable

Global Financial Support

Primary and Secondary Ledgers

Intercompany Accounting

Localizations

Journals and Reconciliations

Enterprise Accounting

Configurable Accounting

Centralized Rules Framework

Standardized Processes

Cash management

Bank reconciliation

Expense management

Time tracking

Fixed asset management

Multi-currency support

Multi-division support

Regulations compliance

Electronic tax filing

Self-service portal

Sage 100cloud

Wave Accounting

Inventory tracking

Automatic reordering

Location management

Manufacturing module

Sage 100cloud

Wave Accounting

Pricing

Order entry

Credit card processing

Cost of goods sold

Order Orchestration

End-to-end order visibility

Order exception Resolution

Sage 100cloud

Wave Accounting

Automated Invoice Processing

Shared Services Payments

Billings Management

Customer Receipt Applications

Customer Collections

Revenue Recognition

Cash Management

Asset Management

Travel & Expense Management

Budgetary Control & Encumbrance Accounting

Period Close

Transactions Tax

Subledger Reconciliations

3rd Party Accounting Systems

Sage 100cloud

Wave Accounting

Budgeting and Forecasting

Project Costing

Cost Capture

Capital Project Management

Customer Invoicing

Customer Contract Compliance

Project Revenue Recognition

Project Financial Performance Analysis

Project Financials Dashboard

Real-time Financial Reporting

Embedded Business Intelligence

Project Planning Collaboration

Sage 100cloud

Wave Accounting

Project Planning and Scheduling

Project Manager Dashboard

Resource Manager Dashboard

Task Insight for Project Managers

Project Manager Mobile Functionality

Team Member Task Collaboration

Team Member Mobile Functionality

Project Candidate Search

Project Candidate Comparison and Analysis

Defineable Resource Pools

Talent Profiles

Real-Time Project Reporting

Absence Management

Product Lifecycle Management

Sage 100cloud

Wave Accounting

Award Lifecycle Management

Spending Control

Indirect Cost Management

Billing

Sage 100cloud

Wave Accounting

Sourcing Team Collaboration

Sourcing Analysis

Bids Analyzed and Compared

Catalog Shopping E-Commerce for Employees

Contract Authoring

Contract Compliance Management

Contract History

Contract Renewal Automation

Contract Repository

Contract Standardization and Enforcement

Electronic Signatures

Invoice Automated Matching

Purchasing Risk and Compliance Management

Requisitions-to-Purchase Orders Integrated

Spend Compliance Management

Supplier Assessment

Supplier Communication and Collaboration

Supplier Management

Supplier Portal

Sage 100cloud

Wave Accounting

Risk Repository

Control Management

Control Mapping

Control Efficiency Assessments

Automated Control Assessments

Assessment Capture

Issue Detection

Automatic Notification

Remediation and Certification

Sage 100cloud

Wave Accounting

Transportation Planning and Optimization

Transportation Sourcing Management

Transportation Process Integration

Transportation Execution Management

Freight Payment Automation

Trade Management

Trade Regulatory Compliance Management

Customs Entry Management

Customs Document Management

Customs Document Collaboration

Fulfillment Management

Inventory Visibility

Warehouse Workforce Management

Sage 100cloud

Wave Accounting

Production Process Design

Supply Chain Business Flows

Production Management

Contracted Manufacturing Management

Configuration Management

Work Definition

Work Execution

Advanced Fulfillment

Manufacturing Costs

Sage 100cloud

Wave Accounting

Forecasting

Inventory Planning

Multi-tier Supply Chain Planning

Performance Monitoring

Sage 100cloud

Wave Accounting

Ideation Management

Requirements Management

Proposal Management

Innovation Portfolio Management

Product Master Data Management

Vendor Portal

Project Portfolio Management

Pros

Simple to implement and use. Operation very intuitive so new employees are quickly trained.
It is very flexible with many modules and many features allows for easy customization to suit particular needs of any department or company.
Context sensitive help, training and support make it easy for a company to operate with out a lot of additional outside tech support.
Scalable plenty of room to grow as the business grows without being bloated.
Pricing is very reasonable.

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Therese Anthony

Controller

Braeside DisplaysPlastics, 11-50 employees

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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.

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Harry Abell

Treasurer

Chamber of CoommerceComputer Networking, 1-10 employees

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Cons

It's painfully slow even for mid-sized businesses like ours without millions of transactions.
It crashes very, very often and has numerous critical failures.
Unfortunately, it's a local program so that excludes it from being used remotely. You have to be on site for it to work.

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Verified User

General Manager in Sales

Mining & Metals Company, 11-50 employees

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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.

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J.P. VanderLinden

Owner

EmberTribeMarketing and Advertising, 1-10 employees

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Likelihood to Renew

Sage 100cloud 7.6

Based on 5 answers

I would put this out to bid, if I were at the same organization. There have been a lot of improvements and changes in enterprise software and my preference would be to find a good web-based or cloud-based tool. Lower overall cost of ownership and improved efficiency would be my target criteria for a rebid of this.

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Verified User

Manager in Corporate

Computer Hardware Company, 11-50 employees

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Wave Accounting 7.8

Based on 3 answers

Easy to use for clients with no accounting background and the price is right.

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Jeanne Harris

President

AST Business Solutions Inc.Accounting, 1-10 employees

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Usability

Sage 100cloud 8.2

Based on 4 answers

It is easy, flexible, user friendly and feature laden. Out of the box or easily customized to meet our "wish" list . Sage offers a variety of modules and bolt-ons, user defined fields etc., allowing us to conduct business "our way" without forcing us into a one-size- fits- none mold or having to purchase expensive and cumbersome programming modifications

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Therese Anthony

Controller

Braeside DisplaysPlastics, 11-50 employees

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Wave Accounting 5.6

Based on 11 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

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Melissa Whaley

Owner

Melissa Whaley Tax and BookkeepingAccounting, 1-10 employees

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Reliability and Availability

No score

No answers yet

No answers on this topic

Wave Accounting 6.7

Based on 4 answers

WAVE is always available when we need it ! Peter

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Peter Cullen

Partner at Core Performance

CorelyticsAccounting, 1-10 employees

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Performance

Sage 100cloud 9.1

Based on 1 answer

No answer on this topic is available.

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.

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Melissa Whaley

Owner

Melissa Whaley Tax and BookkeepingAccounting, 1-10 employees

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Support Rating

Sage 100cloud 7.7

Based on 2 answers

Sage Support is very good. I usually get a person on the phone in a short time frame and usually get my issues fixed in one called.

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Joseph Mancuso

Sage 100 ERP Consultant

CPA Technology, LLCComputer Software, 1-10 employees

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Wave Accounting 4.9

Based on 9 answers

I've only had to reach out to support once and they were quick to respond and offered valuable insight to resolve my issue quickly. The team is knowledgeable and if the person you're dealing with doesn't have an answer for you, they get back to you quickly with an answer. It was clear that the support team is genuinely concerned about users making the most of the software.

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Verified User

C-Level Executive in Marketing

Marketing & Advertising Company, 1-10 employees

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Online Training

No score

No answers yet

No answers on this topic

Wave Accounting 4.7

Based on 3 answers

easy to use and east to train on ! Our WAVE clients enjoy the ease of use

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Peter Cullen

Partner at Core Performance

CorelyticsAccounting, 1-10 employees

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Implementation Rating

Sage 100cloud 6.0

Based on 1 answer

We had an advantage in implementing the tool in that our director of Ops had been part of the team implementing the ERP for other users so we knew what to expect and were able to avoid a lot of the challenges people sometimes face with implementations. However, the process still took far longer than desired.

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Verified User

Manager in Corporate

Computer Hardware Company, 11-50 employees

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No score

No answers yet

No answers on this topic

Alternatives Considered

I've reviewed Accpac, Syspro, SAP Business 1 and Platinum. Sage is far easier to use and setup than Syspro and SAP Business 1. Generally speaking, most accounting software does the same thing, at the end of the day, how easy is it to modify data inside the system and review to make sure that your system integrity is intact. I find that Sage 100 is excellent at these things.

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Brett Witzel

IT Manager

SternoCandleLampFood & Beverages, 201-500 employees

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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

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Verified User

Consultant in Engineering

Mechanical or Industrial Engineering Company, 1-10 employees

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Scalability

No score

No answers yet

No answers on this topic

Wave Accounting 3.0

Based on 2 answers

Once they out grow what is ability to move up to a more robust system?

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Penny Breslin

Account Manager

FileThis, Inc.Accounting, 1-10 employees

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Return on Investment

We have seen increased efficiencies for our team members processing orders and fulfillment as they are now integrated.
We have cut paper/printing/mail expenses by 500% of what we previously spent.
Our overall cash management has improved with the visibility from Bank Reconciliation and Financial Reporting.

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Joshua Curlett

Chief Operating Officer

Sound ProductionsRetail, 11-50 employees

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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.

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Lukas Sundahl, MBA

Co-Founder

Solutions Through Innovative Technologies, Inc. (dba STI Technologies, Inc.)Performing Arts, 1-10 employees

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Pricing Details

General

Free Trial

—

Free/Freemium Version

—

Premium Consulting/Integration Services

—

Entry-level set up fee?

No

Sage 100cloud Editions & Modules

On-premise Edition

Sage 100 ERP Standard	¹
Sage 100 ERP Advanced	¹
Sage 100 ERP Premium	¹

Per Seat per Month

SaaS Edition

Sage 100 ERP Online	¹

Per User per Month

Additional Pricing Details

—

General

Free Trial

—

Free/Freemium Version

—

Premium Consulting/Integration Services

—

Entry-level set up fee?

No

Wave Accounting Editions & Modules

—

Additional Pricing Details

—

Rating Summary

Sage 100cloud

Wave Accounting

Sage 100cloud

Wave Accounting

Sage 100cloud

Wave Accounting

Sage 100cloud

Wave Accounting

Sage 100cloud

Wave Accounting

Sage 100cloud

Wave Accounting

Sage 100cloud

Wave Accounting

Sage 100cloud

Wave Accounting

Sage 100cloud

Wave Accounting