Wave is the best accounting, invoicing, and payment software out there!
November 01, 2018

Wave is the best accounting, invoicing, and payment software out there!

Sanjit Mandal | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Accounting by Wave

I use Wave to send invoices automatically and run payments too. I'm a small business owner and I want a very easy to use platform that is very economical. The invoices are very clean and professional. I can also attach reports to each invoice. I can also push a reminder if they have not paid without doing it myself :)

I switched from QuickBooks Online and also Bill.com.

Pros

  • Interface, VERY easy to use
  • Clean and beautiful invoices (email and print)
  • Run payments

Cons

  • They have a paid feature to get help, definitely worth it. But sometimes, calling to get a quick answer would be nice.
  • Chatbot or chat person to get help when it is late at night :)
  • Change the theme colors to match company colors.
  • It has cut my costs down; more $$ in my pocket.
  • I spend less time invoicing clients.
  • Saves me time with auto billing.
The interface is too complicated and not as user friendly. It was more costly. With online, we want fast, and QB online wasn't that snappy. However, their support was great. With Wave I didn't need support :)
I absolutely would! I always do to my freelance friends, attorneys, designers, and also personal trainers. This is for a person or company who needs accounting, invoicing, payroll, and can accept payments. You can scan your receipts. You can also send quotes through it. You can find an accountant and let them manage your financials for a great value.

Wave Accounting Feature Ratings

Accounts payable
10
Accounts receivable
10
Cash management
10
Bank reconciliation
10
Expense management
Not Rated
Time tracking
Not Rated
Fixed asset management
Not Rated
Multi-currency support
Not Rated
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
Not Rated
API for custom integration
Not Rated
Plug-ins
Not Rated
Role-based user permissions
Not Rated
Single sign-on capability
10

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