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Wave Logo Award Winner Product Badge
Wave

Wave

Composite Score
8.3 /10
CX Score
8.5 /10
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Wave
8.3 /10

What is Wave?

Wave makes it easy to be your own boss. Focus on what you love, and lean on Wave's intuitive online software to manage your financial and organizational needs. Wave Apps makes your money-related tasks easy with: • Unlimited invoicing, 100% free! • Unlimited accounting, 100% free!

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Awards & Recognition

Wave won the following awards in the Accounting - Small Business category

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Wave Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on Wave.

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

90 Likeliness to Recommend

95 Plan to Renew

1
Since last award

90 Satisfaction of Cost Relative to Value

2
Since last award


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Emotional Footprint Overview

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

+98 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love Wave?

0% Negative
0% Neutral
100% Positive

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing

Feature Ratings

Average 89

Cost Revenue Tracking

93

Expense Management

92

Accounts Payable Purchase Orders

91

Accounts Receivable Invoicing

91

General Ledger Chart of Accounts

90

Integration APIs

88

Reconciliation

87

Budgeting Forecasting

87

Project Accounting

87

Cash Flow Management

87

Dashboards, Analytics and Reporting

84

Vendor Capability Ratings

Average 86

Ease of Customization

91

Ease of Implementation

90

Ease of IT Administration

89

Usability and Intuitiveness

88

Business Value Created

88

Ease of Data Integration

86

Availability and Quality of Training

86

Vendor Support

84

Breadth of Features

84

Product Strategy and Rate of Improvement

83

Quality of Features

82

Wave Reviews

Rusty P.

  • Role: C-Level
  • Industry: Healthcare
  • Involvement: Business Leader or Manager
Validated Review
Verified Reviewer

Submitted May 2022

Great Product for Small Business/Consultants

Likeliness to Recommend

10 /10

What differentiates Wave from other similar products?

Wave is very easy to use and has a lot of functionality that others done have--Recurring invoices. Ability to accept payments online via CC/ACH for a very reasonable price. Great out of box templates for invoicing. Incredible revenue reports and dashboards that I would expect would only be in a higher-end system.

What is your favorite aspect of this product?

The ability to do scheduled invoices against my retainers.

What do you dislike most about this product?

The lack of functionality for doing variable text in forms.

What recommendations would you give to someone considering this product?

If you are a small business or startup that needs to be able to invoice customers and track expenses--then I highly recommend this product. I cannot speak to the ability for it to scale for growing companies.

Pros

  • Helps Innovate
  • Reliable
  • Performance Enhancing
  • Enables Productivity

Henry G.

  • Role: Finance
  • Industry: Finance
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Apr 2022

Easy Business Accounting With Wave Accounting

Likeliness to Recommend

9 /10

What differentiates Wave from other similar products?

Wave Accounting makes financial organization and management easy thereby ensuring you focus on what you do best while leaving the rest to this intelligent software

What is your favorite aspect of this product?

I like that Wave Accounting is intelligent. The software is affordable and offers great features. The software makes handling organisation accounting easy.

What do you dislike most about this product?

For now, I have no complaints because Wave Accounting has been amazing

What recommendations would you give to someone considering this product?

Since Wave Accounting has worked perfectly, I recommend it to other businesses. It's affordable and comes powered with lot's of amazing accounting features

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Enables Productivity

Kara L.

  • Role: C-Level
  • Industry: Consulting
  • Involvement: Business Leader or Manager
Validated Review
Verified Reviewer

Submitted Mar 2022

Easy, Intuitive, Free

Likeliness to Recommend

10 /10

What differentiates Wave from other similar products?

Wave has simplified accounting a way that no other platform has. It allows us all to be human beings who make mistakes and need to correct those mistakes. There are not a ton of different and confusing membership options. The accounting and reporting is clear, visual, and easy to fix when mistakes happen.

What is your favorite aspect of this product?

It makes sense!

What do you dislike most about this product?

I would like a little more education about some of the features and general accounting how-to.

What recommendations would you give to someone considering this product?

Jump in. You don't have to pay $60+/mo for complicated and confusing accounting software anymore.

Pros

  • Reliable
  • Performance Enhancing
  • Enables Productivity
  • Unique Features

Cons

  • Wastes Time

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