Wave: God bless you for your genius
June 30, 2017

Wave: God bless you for your genius

Mia Awang | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Accounting by Wave

Accounting by Wave is used across the organization for invoicing and accounting.
  • Credit Card Acceptance, an excellent feature that makes payment convenient for clients. It's also a very quick set up.
  • Estimate to Invoice Lifecycle: Incredibly useful and time-saving to convert quotes instantly.
  • Usability: Very intuitive and a lovely dashboard for financial overviews.
  • Invoice templates can be customised and look instantly impressive. Very easy to edit, filter, arrange and most importantly, they're easy to process from the client's point of view.
  • Great customer support. The first day I had an IT issue, they solved it straight away.
  • Invoices look great on desktop and device formats.
  • Upload your receipts direct to Wave, even if it's not a unique feature, I love that Wave includes it.
  • My accountant is happy to use the data from it.
  • Seriously everything, every tiny, well thought out feature that I've discovered so far.
  • None found, not yet. It's brilliant.
  • It's too soon to supply hard figures but today I have had two bookings from the same estimate. The feedback from it was that yes, they liked the service I was offering but they also wanted to know what software I was using for the estimate so clearly the layout left a positive impression.
  • I believe that this will save me money on accountant fees.
  • I believe that the card payment option will result in faster invoice payments.
Pfff, Wave blows them all out of the water. Don't even hesitate, sign up.
I don't tend to review much but I am so in awe of Wave that I've even set up a Linkedin account just prior to this, purely to be able to review it. Why? Well it was a job that had to be done anyway but any company as good as this, who has put the creative, intelligent effort into making a software so exceptional and then letting me use that - for free - should have the word spread. Yes, if I can use this for free, I can take the time to recommend them.

Wave was the most recent one after trialing all the others and as mentioned, none were a good fit for me; a small business. It was a moment of glorious revelation to find Wave after varying levels of frustration with the others. I'm not in any way saying that the others didn't have good features as well but Wave has it all. And where it definitely shines in what I've used so far is in the style and professionalism of the invoices. It gives the best possible impression.
I'm in awe of this software. I'm a small start up and I've gone through at least 10 or 12 other platforms with a Goldilocks effect of 'This layout is too unimpressive' or 'This makes payment too laborious for clients'...until Wave. It's just right.

Wave Accounting Feature Ratings

Accounts payable
Not Rated
Accounts receivable
Not Rated
Cash management
Not Rated
Bank reconciliation
Not Rated
Expense management
10
Time tracking
Not Rated
Fixed asset management
Not Rated
Multi-currency support
10
Multi-division support
Not Rated
Regulations compliance
Not Rated
Electronic tax filing
Not Rated
Self-service portal
Not Rated
Global Financial Support
Not Rated
Primary and Secondary Ledgers
Not Rated
Intercompany Accounting
Not Rated
Localizations
Not Rated
Journals and Reconciliations
Not Rated
Enterprise Accounting
Not Rated
Configurable Accounting
Not Rated
Centralized Rules Framework
Not Rated
Standardized Processes
Not Rated
Inventory tracking
Not Rated
Automatic reordering
Not Rated
Location management
Not Rated
Manufacturing module
Not Rated
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
Not Rated
Cost of goods sold
Not Rated
Order Orchestration
Not Rated
End-to-end order visibility
Not Rated
Order exception Resolution
Not Rated
Pay calculation
Not Rated
Benefit plan administration
Not Rated
Direct deposit files
Not Rated
Salary revision and increment management
Not Rated
Reimbursement management
Not Rated
Dashboards
10
Standard reports
10
Custom reports
Not Rated
API for custom integration
Not Rated
Plug-ins
10
Role-based user permissions
10
Single sign-on capability
Not Rated