Great product in the sea of changes to cloud
Updated June 08, 2016

Great product in the sea of changes to cloud

Penny Breslin | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Review Source

Modules Used

  • Wave Accounting
  • Wave Receipt

Overall Satisfaction with Accounting by Wave

We have several clients that use Wave Accounting and utilize our bookkeeping services monthly. We set the client up in Wave train them and for some handle monthly work.
  • Great collaboration tool between our clients and the bookkeeping team
  • Wave Receipts is extremely helpful for getting source information details
  • The invoice capability is highly valued by our clients
  • We have started using the payroll feature and find it easy to implement
  • More customization of reports or at least more variety on present default reports
  • For us as the collaborating bookkeepers to have ability to run data feed updates from our view
  • Easy onboarding of clients
  • Have received quite a few leads from the pro services push
  • Support has been excellent
It fits a niche of clients that are tech savvy, often self employed and want to manage business and personal finances. We are finding that even as these companies grow new features are allowing them to stay in Wave.
It depends on the size of the business. This great for a service business.

Wave Accounting Feature Ratings

Accounts payable
7
Accounts receivable
9
Cash management
10
Bank reconciliation
9
Expense management
8
Regulations compliance
7
Self-service portal
8
Automatic reordering
10
Cost of goods sold
4
Pay calculation
9
Direct deposit files
9
Salary revision and increment management
9
Dashboards
8
Standard reports
7
Custom reports
6
API for custom integration
7
Plug-ins
9
Role-based user permissions
9
Single sign-on capability
8

Using Accounting by Wave

Accounting by Wave Reliability

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