Sage 100cloud vs. Wave Accounting

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Sage 100cloud
Score 8.1 out of 10
Mid-Size Companies (51-1,000 employees)
Sage 100cloud (formerly Sage 100 ERP) business management software offers a broad range of modules designed to meet the many needs of virtually any business. It encompasses financial operations and accounting, payroll, business intelligence, CRM, eBusiness, manufacturing and distribution.
$0
Per Seat per Month
Wave Accounting
Score 7.1 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
Sage 100cloudWave Accounting
Editions & Modules
Sage 100 ERP Standard
Per Seat per Month
Sage 100 ERP Advanced
Per Seat per Month
Sage 100 ERP Premium
Per Seat per Month
Sage 100 ERP Online
Per User per Month
No answers on this topic
Offerings
Pricing Offerings
Sage 100cloudWave Accounting
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Sage 100cloudWave Accounting
Top Pros
Top Cons
Features
Sage 100cloudWave Accounting
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Sage 100cloud
8.4
7 Ratings
Wave Accounting
6.2
24 Ratings
Pay calculation8.67 Ratings7.123 Ratings
Benefit plan administration8.65 Ratings7.54 Ratings
Direct deposit files8.07 Ratings1.520 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
Sage 100cloud
1.0
8 Ratings
Wave Accounting
8.5
13 Ratings
API for custom integration1.05 Ratings9.99 Ratings
Plug-ins1.08 Ratings7.011 Ratings
Security
Comparison of Security features of Product A and Product B
Sage 100cloud
10.0
14 Ratings
Wave Accounting
7.3
43 Ratings
Single sign-on capability10.014 Ratings8.330 Ratings
Role-based user permissions10.013 Ratings6.434 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Sage 100cloud
7.4
16 Ratings
Wave Accounting
6.7
70 Ratings
Dashboards8.610 Ratings6.468 Ratings
Standard reports8.615 Ratings6.567 Ratings
Custom reports5.014 Ratings7.134 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Sage 100cloud
7.6
16 Ratings
Wave Accounting
5.9
73 Ratings
Accounts payable9.016 Ratings6.356 Ratings
Accounts receivable9.012 Ratings6.667 Ratings
Global Financial Support6.73 Ratings9.02 Ratings
Primary and Secondary Ledgers8.25 Ratings7.04 Ratings
Journals and Reconciliations10.06 Ratings5.628 Ratings
Configurable Accounting8.24 Ratings5.516 Ratings
Standardized Processes8.24 Ratings4.117 Ratings
Cash management00 Ratings6.359 Ratings
Bank reconciliation00 Ratings6.463 Ratings
Expense management00 Ratings7.461 Ratings
Time tracking00 Ratings6.411 Ratings
Fixed asset management00 Ratings6.412 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 Ratings2.439 Ratings
Intercompany Accounting00 Ratings4.05 Ratings
Localizations00 Ratings5.23 Ratings
Enterprise Accounting00 Ratings4.07 Ratings
Centralized Rules Framework00 Ratings1.03 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Sage 100cloud
7.5
10 Ratings
Wave Accounting
8.1
11 Ratings
Inventory tracking8.010 Ratings5.68 Ratings
Automatic reordering6.78 Ratings9.95 Ratings
Location management6.75 Ratings8.12 Ratings
Manufacturing module00 Ratings9.01 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Sage 100cloud
9.1
9 Ratings
Wave Accounting
7.7
52 Ratings
Pricing10.09 Ratings9.826 Ratings
Order entry10.09 Ratings10.018 Ratings
Credit card processing10.09 Ratings3.445 Ratings
Cost of goods sold10.09 Ratings9.533 Ratings
Order Orchestration8.63 Ratings5.85 Ratings
End-to-end order visibility00 Ratings8.24 Ratings
Order exception Resolution00 Ratings7.02 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Sage 100cloud
8.2
6 Ratings
Wave Accounting
-
Ratings
Billing Management8.24 Ratings00 Ratings
Revenue Recognition8.24 Ratings00 Ratings
Cash and Asset Management8.25 Ratings00 Ratings
Travel & Expense Management8.24 Ratings00 Ratings
Budgetary Control & Encumbrance Accounting8.24 Ratings00 Ratings
Period Close10.05 Ratings00 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Sage 100cloud
8.0
5 Ratings
Wave Accounting
-
Ratings
Budgeting and Forecasting9.04 Ratings00 Ratings
Project Costing9.03 Ratings00 Ratings
Cost Capture8.04 Ratings00 Ratings
Capital Project Management8.63 Ratings00 Ratings
Customer Contract Compliance7.83 Ratings00 Ratings
Project Revenue Recognition7.83 Ratings00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Sage 100cloud
5.0
1 Ratings
Wave Accounting
-
Ratings
Project Planning and Scheduling5.01 Ratings00 Ratings
Task Insight for Project Managers5.01 Ratings00 Ratings
Project Mobile Functionality5.01 Ratings00 Ratings
Project Candidate Search5.01 Ratings00 Ratings
Definable Resource Pools5.01 Ratings00 Ratings
Talent Profiles5.01 Ratings00 Ratings
Absence Management5.01 Ratings00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Sage 100cloud
7.0
1 Ratings
Wave Accounting
-
Ratings
Award Lifecycle Management7.01 Ratings00 Ratings
Spending Control7.01 Ratings00 Ratings
Indirect Cost Management7.01 Ratings00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Sage 100cloud
5.0
1 Ratings
Wave Accounting
-
Ratings
Bids Analyzed and Compared5.01 Ratings00 Ratings
Catalog Shopping E-Commerce for Employees5.01 Ratings00 Ratings
Contract Authoring5.01 Ratings00 Ratings
Contract Renewal Automation5.01 Ratings00 Ratings
Contract Repository5.01 Ratings00 Ratings
Requisitions-to-Purchase Orders Integrated5.01 Ratings00 Ratings
Supplier Management5.01 Ratings00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Sage 100cloud
4.4
1 Ratings
Wave Accounting
-
Ratings
Risk Repository5.01 Ratings00 Ratings
Control Management5.01 Ratings00 Ratings
Control Efficiency Assessments5.01 Ratings00 Ratings
Issue Detection3.01 Ratings00 Ratings
Remediation and Certification4.01 Ratings00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Sage 100cloud
7.1
3 Ratings
Wave Accounting
-
Ratings
Transportation Planning and Optimization7.02 Ratings00 Ratings
Transportation Execution Management7.01 Ratings00 Ratings
Trade and Customs Management7.01 Ratings00 Ratings
Fulfillment Management7.02 Ratings00 Ratings
Warehouse Workforce Management7.63 Ratings00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Sage 100cloud
8.2
3 Ratings
Wave Accounting
-
Ratings
Production Process Design8.42 Ratings00 Ratings
Production Management8.43 Ratings00 Ratings
Configuration Management8.42 Ratings00 Ratings
Work Execution8.02 Ratings00 Ratings
Manufacturing Costs8.02 Ratings00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Sage 100cloud
7.8
3 Ratings
Wave Accounting
-
Ratings
Forecasting8.03 Ratings00 Ratings
Inventory Planning8.03 Ratings00 Ratings
Performance Monitoring7.63 Ratings00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Sage 100cloud
1.4
1 Ratings
Wave Accounting
-
Ratings
Proposal Management1.01 Ratings00 Ratings
Product Master Data Management2.01 Ratings00 Ratings
User Ratings
Sage 100cloudWave Accounting
Likelihood to Recommend
8.0
(20 ratings)
5.3
(77 ratings)
Likelihood to Renew
7.6
(5 ratings)
7.8
(3 ratings)
Usability
9.0
(5 ratings)
6.7
(14 ratings)
Availability
-
(0 ratings)
6.3
(8 ratings)
Performance
9.1
(2 ratings)
2.9
(4 ratings)
Support Rating
9.0
(5 ratings)
4.1
(12 ratings)
Online Training
-
(0 ratings)
4.7
(3 ratings)
Implementation Rating
6.0
(2 ratings)
-
(0 ratings)
Product Scalability
-
(0 ratings)
3.0
(2 ratings)
User Testimonials
Sage 100cloudWave Accounting
Likelihood to Recommend
Sage
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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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
Sage
  • 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.
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
Sage
  • 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.
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
Sage
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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Wave
Easy to use for clients with no accounting background and the price is right.
Read full review
Usability
Sage
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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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
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Reliability and Availability
Sage
No answers on this topic
Wave
WAVE is always available when we need it ! Peter
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Performance
Sage
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.
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Support Rating
Sage
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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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
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Online Training
Sage
No answers on this topic
Wave
easy to use and east to train on ! Our WAVE clients enjoy the ease of use
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Implementation Rating
Sage
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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Wave
No answers on this topic
Alternatives Considered
Sage
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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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
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Scalability
Sage
No answers on this topic
Wave
Once they out grow what is ability to move up to a more robust system?
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Return on Investment
Sage
  • 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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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